TransAlta (TA) Stock Price, News & Analysis

Company Overview

TransAlta is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia consisting of hydro, wind, solar, battery storage, gas and energy transition facilities. The majority of the company's revenues are derived from the sale of generation capacity, electricity, thermal energy, environmental attributes, and byproducts of power generation.

Key Stats

• Today's Range: C$15.11 to C$15.91
• 50-Day Range: C$11.81 to C$15.63
• 52-Week Range: C$9.35 to C$21.22
• Volume: 1.86 million shs
• Average Volume: 1.89 million shs
• Market Capitalization: C$4.69 billion
• P/E Ratio: 22.28
• Dividend Yield: 1.54%
• Price Target: C$18.33
• Consensus Rating: Moderate Buy

TransAlta Stock Analysis - MarketRank™

TransAlta scored higher than 65% 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: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

TransAlta has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

TransAlta has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

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

Price to Earnings Ratio vs. the Market

The P/E ratio of TransAlta is 22.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of TransAlta is 22.28, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 20.01.

Price to Earnings Growth Ratio

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

Price to Book Value per Share Ratio

TransAlta has a P/B Ratio of 2.41. 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 TA.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

TransAlta pays a meaningful dividend of 1.61%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of TransAlta is 34.21%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for TA.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.36

News Sentiment

TransAlta has a news sentiment score of 0.36. 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 0.83 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for TransAlta this week, compared to 3 articles on an average week.

Search Interest

6 people have searched for TA on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added TransAlta to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, TransAlta insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$71.00 in company stock.

Percentage Held by Insiders

Only 0.21% of the stock of TransAlta is held by insiders.

Percentage Held by Institutions

70.79% of the stock of TransAlta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TA Stock Analysis - Frequently Asked Questions

How have TA shares performed this year?

TransAlta's stock was trading at C$20.33 at the start of the year. Since then, TA stock has decreased by 23.1% and is now trading at C$15.63.

How were TransAlta's earnings last quarter?

TransAlta Co. (TSE:TA) issued its quarterly earnings data on Tuesday, November, 5th. The company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by $0.30. TransAlta had a trailing twelve-month return on equity of 12.03% and a net margin of 7.49%.

How do I buy shares of TransAlta?

Shares of TA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of TransAlta own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TransAlta investors own include TransAlta (TAC), Enbridge (ENB), TC Energy (TRP), Northland Power (NPI), TransAlta Renewables (RNW), Algonquin Power & Utilities (AQN) and B2Gold (BTO).

Company Calendar

• Last Earnings: 11/05/2024
• Today: 7/12/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Utilities
• Industry: Utilities - Independent Power Producers
• Sub-Industry: Utilities
• Current Symbol: TSE:TA
• CIK: N/A
• Web: www.transalta.com
• Phone: +1-403-2674724
• Fax: N/A
• Employees: 1,257
• Year Founded: N/A

Price Target and Rating

• Average Price Target for TransAlta: C$18.33
• High Price Target: C$22.00
• Low Price Target: C$14.00
• Potential Upside/Downside: +17.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.89
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.70
• Trailing P/E Ratio: 22.28
• Forward P/E Ratio: N/A
• P/E Growth: -0.07
• Net Income: C$212.05 million
• Net Margins: 7.49%
• Pretax Margin: N/A
• Return on Equity: 12.03%
• Return on Assets: 7.07%

Debt

• Debt-to-Equity Ratio: 229.66
• Current Ratio: 0.74
• Quick Ratio: 0.62

Sales & Book Value

• Annual Sales: C$2.83 billion
• Price / Sales: 1.66
• Cash Flow: C$3.68 per share
• Price / Cash Flow: 4.25
• Book Value: C$6.49 per share
• Price / Book: 2.41

Miscellaneous

• Outstanding Shares: 300,317,997
• Free Float: N/A
• Market Cap: C$4.69 billion
• Optionable: Not Optionable
• Beta: 0.93