AltaGas (ALA) Stock Price, News & Analysis

Company Overview

AltaGas is a leading North American infrastructure company that connects customers and markets to affordable and reliable sources of energy. The Company operates a diversified, lower-risk, high-growth Utilities and Midstream business that is focused on delivering resilient and durable value for its stakeholders.

Key Stats

• Today's Range: C$54.98 to C$55.66
• 50-Day Range: C$51.91 to C$56.53
• 52-Week Range: C$39.45 to C$57.52
• Volume: 598,413 shs
• Average Volume: 962,981 shs
• Market Capitalization: C$17.27 billion
• P/E Ratio: 27.95
• Dividend Yield: 2.35%
• Price Target: C$57.44
• Consensus Rating: Moderate Buy

AltaGas Stock Analysis - MarketRank™

AltaGas scored higher than 30% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

AltaGas has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on no strong buy ratings, 7 buy ratings, 1 hold rating, and no sell ratings.

Upside/Downside

The consensus price target for AltaGas is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

AltaGas has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of AltaGas is 27.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 35.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of AltaGas is 27.95, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 23.12.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for AltaGas, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

AltaGas has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ALA.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

AltaGas pays a meaningful dividend of 2.40%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

AltaGas does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of AltaGas is 65.56%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: -0.17

News Sentiment

AltaGas has a news sentiment score of -0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for AltaGas this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for ALA on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, AltaGas insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.58% of the stock of AltaGas is held by insiders.

Percentage Held by Institutions

41.60% of the stock of AltaGas is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/30/2026
• Ex-Dividend for 9/29 Dividend: 9/16/2026
• Record date for 9/29 Dividend: 9/29/2026
• Dividend Payable: 9/29/2026
• Today: 10/24/2026

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Utilities
• Industry: Gas Utilities
• Sub-Industry: Gas Utilities
• Current Symbol: TSE:ALA
• CIK: N/A
• Web: www.altagas.ca
• Phone: +1-403-6917575
• Fax: N/A
• Employees: 2,853
• Year Founded: N/A

Price Target and Rating

• Average Price Target for AltaGas: C$57.44
• High Price Target: C$63.00
• Low Price Target: C$51.00
• Potential Upside/Downside: +3.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): C$1.98
• Trailing P/E Ratio: 27.95
• Forward P/E Ratio: 24.05
• P/E Growth: -4.97
• Net Income: C$513.15 million
• Net Margins: 4.59%
• Pretax Margin: N/A
• Return on Equity: 7.00%
• Return on Assets: 2.69%

Debt

• Debt-to-Equity Ratio: 112.99
• Current Ratio: 0.86
• Quick Ratio: 0.44

Sales & Book Value

• Annual Sales: C$13.66 billion
• Price / Sales: 1.26
• Cash Flow: C$1.06 per share
• Price / Cash Flow: 52.24
• Book Value: C$32.98 per share
• Price / Book: 1.68

Miscellaneous

• Outstanding Shares: 312,006,000
• Free Float: N/A
• Market Cap: C$17.27 billion
• Optionable: Not Optionable
• Beta: 0.32