TSE:ALA AltaGas (ALA) Stock Price, News & Analysis → Global crypto currency reset (41 major banks signed up) (From Stansberry Research) (Ad) Free ala Stock Alerts C$30.58 +0.18 (+0.59%) (As of 05/10/2024 ET) Add Compare Share Share Today's RangeC$30.28▼C$30.7350-Day RangeC$28.97▼C$30.5852-Week RangeC$22.57▼C$30.73Volume565,848 shsAverage Volume779,841 shsMarket CapitalizationC$9.06 billionP/E Ratio14.84Dividend Yield3.89%Price TargetC$34.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get AltaGas alerts: Email Address AltaGas MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside12.3% UpsideC$34.33 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.22Based on 20 Articles This WeekInsider TradingSelling SharesC$5.84 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.91 out of 5 stars 2.5 Analyst's Opinion Consensus RatingAltaGas has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageAltaGas has only been the subject of 4 research reports in the past 90 days.Read more about AltaGas' stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ALA. Previous Next 2.5 Dividend Strength Dividend LeadershipAltaGas is a leading dividend payer. It pays a dividend yield of 3.89%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAltaGas does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of AltaGas is 57.77%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about AltaGas' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALA. Previous Next 2.3 News and Social Media Coverage News SentimentAltaGas has a news sentiment score of 0.22. 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 0.50 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 20 news articles for AltaGas this week, compared to 2 articles on an average week.MarketBeat Follows2 people have added AltaGas to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AltaGas 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$5,843,722.00 in company stock.Percentage Held by InsidersOnly 0.57% of the stock of AltaGas is held by insiders.Percentage Held by InstitutionsOnly 34.05% of the stock of AltaGas is held by institutions.Read more about AltaGas' insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of AltaGas is 14.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.09.Price to Earnings Ratio vs. SectorThe P/E ratio of AltaGas is 14.84, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 154.07.Price to Earnings Growth RatioDue to a projected decrease in earnings for AltaGas, their PEG ratio cannot be calculated.Price to Book Value per Share RatioAltaGas has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about AltaGas' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyObama’s Forever Term [exposed]America’s Last Election New documentary, America’s Last Election, reveals the true (and terrifying) story of how the D.C. establishment has engineered a brutal new crisis that could hand them permanent power. Power they will use to reshape America to their dark, dystopian vision.Start streaming it now at no cost here About AltaGas Stock (TSE:ALA)AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.6 million customers. This segment also provides interstate natural gas transportation and storage services. The Midstream segment engages in the natural gas gathering, processing, and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; fractionation and liquids handling business; and natural gas and natural gas liquids marketing activities. It also engages in LPG exports and distribution, logistics, trucking and rail terminals, and liquid storage businesses. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 508 megawatt of power in California. It serves residential, commercial, and industrial customers. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.Read More ALA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALA Stock News HeadlinesMay 10, 2024 | insidertrades.comInsider Selling: AltaGas Ltd. (TSE:ALA) Senior Officer Sells 100,000 Shares of StockMay 8, 2024 | insidertrades.comInsider Selling: AltaGas Ltd. (TSE:ALA) Senior Officer Sells 26,100 Shares of StockMay 11, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.May 11, 2024 | americanbankingnews.comJames Harbilas Sells 100,000 Shares of AltaGas Ltd. (TSE:ALA) StockMay 8, 2024 | americanbankingnews.comAltaGas Ltd. (TSE:ALA) Senior Officer James Harbilas Sells 26,100 Shares of StockMay 7, 2024 | americanbankingnews.comAltaGas (TSE:ALA) Sets New 12-Month High After Analyst UpgradeMay 6, 2024 | baystreet.caPower Nickel at 52-Week High on NewsMay 6, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for AltaGas Ltd. (TSE:ALA) Cut by Atb Cap MarketsMay 11, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.May 6, 2024 | americanbankingnews.comAltaGas Ltd. (TSE:ALA) Forecasted to Earn Q2 2024 Earnings of $0.16 Per ShareMay 5, 2024 | americanbankingnews.comScotiabank Increases AltaGas (TSE:ALA) Price Target to C$35.00May 5, 2024 | americanbankingnews.comAltaGas (TSE:ALA) PT Raised to C$34.00 at Royal Bank of CanadaMay 3, 2024 | finance.yahoo.comAltaGas First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagMay 3, 2024 | finance.yahoo.comALTAGAS ANNOUNCES ELECTION OF DIRECTORSMay 2, 2024 | msn.comATGFF Stock Earnings: AltaGas Reported Results for Q1 2024April 29, 2024 | finance.yahoo.comThose who invested in AltaGas (TSE:ALA) five years ago are up 101%April 29, 2024 | theglobeandmail.comScotiabank analyst reveals his top picks in utilities and pipelines sectorsApril 24, 2024 | wsj.comAltaGas Ltd.April 17, 2024 | theglobeandmail.comBMO analyst previews profit results, provides top picks in the yield-heavy energy infrastructure sectorApril 15, 2024 | msn.comTFSA: Invest $10,000 in These 4 Stocks and Get Over $400 of Passive IncomeApril 12, 2024 | finance.yahoo.comWhen Should You Buy AltaGas Ltd. (TSE:ALA)?March 28, 2024 | seekingalpha.comALA:CA AltaGas Ltd.March 27, 2024 | finance.yahoo.comWe Like These Underlying Return On Capital Trends At AltaGas (TSE:ALA)March 14, 2024 | finance.yahoo.comALTAGAS CLOSES AGGREGATE $600 MILLION MEDIUM TERM NOTE OFFERINGSMarch 11, 2024 | ca.style.yahoo.comCurrys: Elliot pulls out of takeover bid for UK retailerMarch 10, 2024 | finance.yahoo.comAltaGas Full Year 2023 Earnings: Revenues Beat Expectations, EPS LagsMarch 6, 2024 | msn.comTSX Utilities in March 2024: The Best Stocks to Buy as Interest Rates Hold SteadySee More Headlines Receive ALA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AltaGas and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/08/2024Ex-Dividend for 3/28 Dividend3/14/2024Dividend Payable3/28/2024Today5/11/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Next Earnings (Estimated)7/26/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas Midstream Sub-IndustryN/A Current SymbolTSE:ALA CUSIPN/A CIKN/A Webwww.altagas.ca Phone+1-403-6917575FaxN/AEmployees3,045Year FoundedN/APrice Target and Rating Average Stock Price TargetC$34.33 High Stock Price TargetC$36.00 Low Stock Price TargetC$32.00 Potential Upside/Downside+12.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.06 Trailing P/E Ratio14.84 Forward P/E Ratio14.20 P/E Growth-4.97Net IncomeC$604 million Net Margins5.03% Pretax MarginN/A Return on Equity7.93% Return on Assets3.12% Debt Debt-to-Equity Ratio117.56 Current Ratio1.01 Quick Ratio0.44 Sales & Book Value Annual SalesC$12.60 billion Price / Sales0.72 Cash FlowC$0.59 per share Price / Cash Flow52.24 Book ValueC$26.63 per share Price / Book1.15Miscellaneous Outstanding Shares296,190,000Free FloatN/AMarket CapC$9.06 billion OptionableNot Optionable Beta1.22 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Vernon D. Yu (Age 57)President, CEO & Non-Independent Director Comp: $3.37MMr. D. James Harbilas B.Com. (Age 54)C.A., CPA, Executive VP & CFO Comp: $1.2MMs. Corine Renne Knight Bushfield B.Comm (Age 49)CA, CPA, Executive VP & Chief Administrative Officer Comp: $1.06MMr. Randy W. Toone B.Sc.P.Eng, Executive VP & President of MidstreamMr. Donald M. Jenkins B.Sc. (Age 51)M.B.A., Executive VP & President of Utilities Comp: $1.5MMr. Jon MorrisonSenior Vice President of Investor Relations & Corporate DevelopmentMr. Bradley B. Grant B.CommEsq., LLB, MBA, Executive VP & Chief Legal OfficerMr. Kent E. StoutSenior Vice President of Organizational DevelopmentDavid AndersonSenior Vice President of Corporate Environmental Health & SafetyMs. Jimmi DuceCorporate SecretaryMore ExecutivesKey CompetitorsKeyeraTSE:KEYGibson EnergyTSE:GEITopaz EnergyTSE:TPZPembina PipelineTSE:PPLMEG EnergyTSE:MEGView All CompetitorsInsidersJames HarbilasSold 100,000 sharesTotal: C$3.05 M ($30.45/share)James HarbilasSold 26,100 sharesTotal: C$796,050.00 ($30.50/share)Randy Warren TooneSold 40,000 sharesTotal: C$1.17 M ($29.18/share)Randy Warren TooneSold 16,000 sharesTotal: C$473,200.00 ($29.58/share)Jeremy Jason WeatherheadSold 24 sharesTotal: C$708.00 ($29.50/share)View All Insider Transactions ALA Stock Analysis - Frequently Asked Questions Should I buy or sell AltaGas stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AltaGas in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ALA shares. View ALA analyst ratings or view top-rated stocks. What is AltaGas' stock price target for 2024? 8 analysts have issued 1-year price objectives for AltaGas' shares. Their ALA share price targets range from C$32.00 to C$36.00. On average, they predict the company's share price to reach C$34.33 in the next year. This suggests a possible upside of 12.3% from the stock's current price. View analysts price targets for ALA or view top-rated stocks among Wall Street analysts. How have ALA shares performed in 2024? AltaGas' stock was trading at C$27.82 at the beginning of the year. Since then, ALA stock has increased by 9.9% and is now trading at C$30.58. View the best growth stocks for 2024 here. When is AltaGas' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, July 26th 2024. View our ALA earnings forecast. How were AltaGas' earnings last quarter? AltaGas Ltd. (TSE:ALA) released its quarterly earnings results on Friday, March, 8th. The company reported $0.75 EPS for the quarter, hitting analysts' consensus estimates of $0.75. The business earned $3.29 billion during the quarter, compared to analysts' expectations of $4.11 billion. AltaGas had a trailing twelve-month return on equity of 7.93% and a net margin of 5.03%. How often does AltaGas pay dividends? What is the dividend yield for AltaGas? AltaGas declared a quarterly dividend on Thursday, May 2nd. Stockholders of record on Friday, June 14th will be paid a dividend of 0.298 per share on Friday, June 28th. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date is Friday, June 14th. Read our dividend analysis for ALA. Is AltaGas a good dividend stock? AltaGas (TSE:ALA) pays an annual dividend of C$1.19 per share and currently has a dividend yield of 3.89%. The dividend payout ratio is 57.77%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ALA. What other stocks do shareholders of AltaGas own? Based on aggregate information from My MarketBeat watchlists, some companies that other AltaGas investors own include Enbridge (ENB), Inter Pipeline (IPL), Algonquin Power & Utilities (AQN), Corus Entertainment (CJR.B), Toronto-Dominion Bank (TD), Pembina Pipeline (PPL), BCE (BCE), Bank of Nova Scotia (BNS), Whitecap Resources (WCP) and Vermilion Energy (VET). How do I buy shares of AltaGas? Shares of ALA 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.Compare Top Brokerages Here. This page (TSE:ALA) was last updated on 5/11/2024 by MarketBeat.com Staff From Our PartnersThe Crypto 9-5 Escape PlanCrypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchForget Bitcoin. 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