TransAlta (TAC) Stock Price, News & Analysis

Company Overview

TransAlta Corporation is a Canada-based power generation and wholesale marketing company headquartered in Calgary, Alberta. The company develops, owns, and operates electricity-generating facilities and supplies power to utilities, commercial customers, industrial users, and wholesale markets.

TransAlta’s generating portfolio includes hydroelectric, wind, solar, natural gas, and energy storage assets. The company has also historically operated coal-fired power plants, although it has been transitioning away from coal and expanding its renewable and lower-emission generation capabilities. Its services include electricity generation, power marketing, and related energy management activities.

Founded in 1909, TransAlta serves electricity markets in Canada, the United States, and Australia. The company is led by John Kousinioris, who has served as president and chief executive officer since 2021.

Key Stats

• Today's Range: $12.56 to $13.23
• 50-Day Range: $11.51 to $13.12
• 52-Week Range: $11.38 to $17.88
• Volume: 2.19 million shs
• Average Volume: 1.81 million shs
• Market Capitalization: $4.15 billion
• P/E Ratio: N/A
• Dividend Yield: 1.52%
• Price Target: $24.50
• Consensus Rating: Moderate Buy

TransAlta Stock Analysis - MarketRank™

TransAlta scored higher than 84% of companies evaluated by MarketBeat, and ranked 58th out of 96 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

TransAlta has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 1 strong buy rating, 6 buy ratings, 1 hold rating, and 1 sell rating.

Upside Potential

TransAlta has a consensus price target of $24.50, representing about 86.8% upside from its current price of $13.12.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 85.71%

Earnings Growth

Earnings for TransAlta are expected to grow by 85.71% in the coming year, from $0.21 to $0.39 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of TransAlta is -72.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of TransAlta is -72.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

TransAlta has a P/B Ratio of 10.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.98% of the float of TransAlta has been sold short.

Short Interest Ratio / Days to Cover

TransAlta has a short interest ratio ("days to cover") of 5.22.

Change versus previous month

Short interest in TransAlta has recently increased by 17.82%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

TransAlta pays a meaningful dividend of 1.62%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

TransAlta has only been increasing its dividend for 2 years.

Dividend Sustainability

Based on earnings estimates, TransAlta will have a dividend payout ratio of 51.28% next year. This indicates that TransAlta will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.44

News Sentiment

TransAlta has a news sentiment score of 0.44. 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 0.54 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for TransAlta this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for TAC on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

2 people have added TransAlta to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.2 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

13.10% of the stock of TransAlta is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

59.00% of the stock of TransAlta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/31/2026
• Record date for 10/1 Dividend: 9/01/2026
• Ex-Dividend for 10/1 Dividend: 9/01/2026
• Dividend Payable: 10/01/2026
• Today: 10/06/2026
• Next Earnings (Estimated): 11/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Independent Power & Renewable Electricity Producers
• Sub-Industry: Independent Power Producers & Energy Traders
• Current Symbol: NYSE:TAC
• CIK: 1144800
• Web: www.transalta.com
• Phone: (403) 267-7110
• Fax: 1-403-267-7405
• Employees: 1,350
• Year Founded: 1909

Price Target and Rating

• Average Price Target for TransAlta: $24.50
• High Price Target: $25.00
• Low Price Target: $24.00
• Potential Upside/Downside: +86.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.78
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 62.47
• P/E Growth: N/A
• Net Income: -$98.77 million
• Net Margins: -2.76%
• Pretax Margin: 0.50%
• Return on Equity: 8.85%
• Return on Assets: 0.66%

Debt

• Debt-to-Equity Ratio: 3.64
• Current Ratio: 0.84
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: $1.72 billion
• Price / Sales: 2.41
• Cash Flow: $1.61 per share
• Price / Cash Flow: 8.13
• Book Value: $1.26 per share
• Price / Book: 10.41

Miscellaneous

• Outstanding Shares: 316,020,000
• Free Float: 274,626,000
• Market Cap: $4.15 billion
• Optionable: Optionable
• Beta: 0.75