TRP Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Tc Energy Corp, the DDM model generated by StockNews estimates a return of positive 87.02% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Tc Energy Corp are:

• TRP's market cap is about 43 billion US dollars -- its dividend yield of 5.12 is greater than 80.93% of its fellow stocks in the large market cap class.
• In terms of opportunity, TRP's provides a return of 87.02% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 79.57% of all stocks we measured with our dividend discount model.
• In comparison to its fellow dividend issuing stocks in the Energy sector, TRP's equity discount rate is less than 80.99% of those stocks.

TRP Dividends vs. Peers