Atb Cap Markets Forecasts TransAlta's Q3 Earnings (NYSE:TAC)

Key Points

• Atb Cap Markets has revised TransAlta's Q3 2025 earnings per share forecast down to $0.06, a decrease from the previous estimate of $0.13, while the current full-year earnings estimate is $0.41 per share.
• TransAlta announced an increase in its quarterly dividend to $0.065 per share, reflecting a yearly dividend yield of 1.5% and a negative dividend payout ratio of -42.86%.
• Institutional investors now hold 59.00% of TransAlta's stock, with several firms increasing their stakes significantly in the first quarter of the year.

TransAlta Corporation (NYSE:TAC - Free Report) TSE: TA - Research analysts at Atb Cap Markets dropped their Q3 2025 earnings per share estimates for shares of TransAlta in a research note issued on Sunday, October 19th. Atb Cap Markets analyst N. Heywood now forecasts that the utilities provider will post earnings of $0.06 per share for the quarter, down from their previous estimate of $0.13. The consensus estimate for TransAlta's current full-year earnings is $0.41 per share.

A number of other research analysts have also commented on the company. CIBC reissued an "outperform" rating on shares of TransAlta in a report on Monday. National Bankshares reiterated an "outperform" rating on shares of TransAlta in a research note on Tuesday, August 5th. Weiss Ratings restated a "sell (d+)" rating on shares of TransAlta in a research report on Wednesday, October 8th. TD Securities reiterated a "buy" rating and set a $20.00 price target (up from $19.00) on shares of TransAlta in a research report on Tuesday, August 5th. Finally, Scotiabank restated an "outperform" rating on shares of TransAlta in a report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $19.88.

TransAlta Stock Performance

Shares of TAC stock opened at $16.86 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 4.98. TransAlta has a 52 week low of $7.82 and a 52 week high of $17.69. The business has a 50 day moving average of $13.55 and a two-hundred day moving average of $11.40. The company has a market cap of $5.00 billion, a P/E ratio of -40.13 and a beta of 0.79.

TransAlta (NYSE:TAC - Get Free Report) TSE: TA last announced its earnings results on Friday, August 1st. The utilities provider reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.06. The business had revenue of $451.20 million for the quarter, compared to analyst estimates of $473.94 million. TransAlta had a negative return on equity of 2.06% and a negative net margin of 6.79%.

TransAlta Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Monday, September 1st were paid a dividend of $0.065 per share. This is an increase from TransAlta's previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.5%. TransAlta's dividend payout ratio (DPR) is -42.86%.

Hedge Funds Weigh In On TransAlta

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TAC. Invesco Ltd. raised its holdings in shares of TransAlta by 1,150.1% during the 1st quarter. Invesco Ltd. now owns 904,342 shares of the utilities provider's stock valued at $8,456,000 after purchasing an additional 832,000 shares in the last quarter. Bessemer Group Inc. bought a new position in TransAlta during the first quarter valued at about $638,000. Sowell Financial Services LLC lifted its position in shares of TransAlta by 55.3% in the first quarter. Sowell Financial Services LLC now owns 22,533 shares of the utilities provider's stock worth $211,000 after buying an additional 8,019 shares during the last quarter. Canada Pension Plan Investment Board bought a new stake in shares of TransAlta during the 1st quarter worth about $4,200,000. Finally, Nuveen LLC bought a new position in shares of TransAlta in the 1st quarter valued at approximately $2,056,000. Institutional investors own 59.00% of the company's stock.

About TransAlta

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario.

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