12.2 C
New York
Monday, June 5, 2023

Make Sure You Stick With TC Energy Corporation (TRP). It’s Bull Time Again

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for TC Energy Corporation (TRP) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.02%, to $40.08. The TC Energy Corporation has recorded 8,393 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed TC Energy announces 2023 annual meeting Board of Directors election results.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.


Stocks Info

TC Energy Corporation is listed on the NYSE in the Energy sector while operating in the Oil & Gas Midstream industry. The current market capitalization of TC Energy Corporation is $40.91B. A total of 1.27 million shares were traded on the day, compared to an average of 1.86M shares.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. TC Energy Corporation pays an annual dividend of $2.75, resulting in a dividend yield of 6.85%, and it has a price to earnings (P/E) ratio of 33.64. TRP’s most recent ex-dividend date was 6/29/2023 when it declared a $0.6880 quarterly dividend that was paid in cash on 7/31/2023. Previously, the company paid the dividend on 4/28/2023 with an ex-dividend date of 3/30/2023. The TRP stock dividend was $0.6990 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for TRP in the last 3 months, the mean price target is $44.64 with high estimates of $50.14 and low estimates of $36.87. In terms of 52-week highs and lows, TRP has a high of $59.38 and a low of $36.79.

As of this writing, TRP has an earnings estimate of $0.73 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.76 per share and a lower estimate of $0.69. The company reported an EPS of $0.83 in the last quarter, which was 1.20% higher than expectations of $0.82.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. TRP’s latest balance sheet shows that the firm has $673.00M in Cash & Short Term Investments as of fiscal 2021. There were $52.77B in debt and $13.04B in liabilities at the time. Its Book Value Per Share was $23.29, while its Total Shareholder’s Equity was $33.40B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TRP is Buy with a score of 3.75.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles