TransAlta (TAC) Stock Price, News & Analysis

Company Overview

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. The Wind and Solar segment has a net ownership interest of approximately 2,057 MW of owned wind and solar electrical-generating capacity, as well as battery storage facilities located in Alberta, Ontario, New Brunswick, and Québec in Canada; the states of Massachusetts, Minnesota, New Hampshire, North Carolina, Pennsylvania, Washington, and Wyoming in the United States; and the state of Western Australia. The Gas segment has a net ownership interest of approximately 2,775 MW of owned gas electrical-generating capacity, and facilities located in Alberta, Ontario, Michigan, and the state of Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW of owned coal electrical-generating capacity, as well as operates the Skookumchuck hydro facility in Centralia; and engages in the highvale mine and the mine reclamation activities. The Energy Marketing segment is involved in the trading of power, natural gas, and environmental products. It serves customers in various industry segments, including commercial real estate, municipal, manufacturing, industrial, hospitality, finance, and oil and gas. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: $11.86 to $12.66
• 50-Day Range: $9.16 to $12.58
• 52-Week Range: $7.40 to $14.64
• Volume: 1.47 million shs
• Average Volume: 1.60 million shs
• Market Capitalization: $3.68 billion
• P/E Ratio: N/A
• Dividend Yield: 1.53%
• Price Target: $19.83
• Consensus Rating: Buy

TransAlta Stock Analysis - MarketRank™

TransAlta scored higher than 74% of companies evaluated by MarketBeat, and ranked 59th out of 99 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: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

TransAlta has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

TransAlta has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 7.32%

Earnings Growth

Earnings for TransAlta are expected to grow by 7.32% in the coming year, from $0.41 to $0.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of TransAlta is -620.44, 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 -620.44, 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 5.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.00% 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 6.5.

Change versus previous month

Short interest in TransAlta has recently decreased by 15.74%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

TransAlta pays a meaningful dividend of 1.54%, 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 43.18% next year. This indicates that TransAlta will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

3.00% 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 6.5.

Change versus previous month

Short interest in TransAlta has recently decreased by 15.74%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.10

News Sentiment

TransAlta has a news sentiment score of 1.10. 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 higher news sentiment than the 0.77 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for TransAlta this week, compared to 5 articles on an average week.

Company Ownership

• Score: 1.7 / 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.

TAC Stock Analysis - Frequently Asked Questions

How have TAC shares performed this year?

TransAlta's stock was trading at $14.15 at the beginning of 2025. Since then, TAC shares have decreased by 12.3% and is now trading at $12.4150.

How were TransAlta's earnings last quarter?

TransAlta Corporation (NYSE:TAC) announced its earnings results on Wednesday, May, 7th. The utilities provider reported $0.07 EPS for the quarter, missing the consensus estimate of $0.09 by $0.02. The utilities provider had revenue of $526.69 million for the quarter, compared to analyst estimates of $509.31 million. TransAlta had a negative trailing twelve-month return on equity of 1.64% and a net margin of 0.01%.
Read the conference call transcript.

Who are TransAlta's major shareholders?

Top institutional investors of TransAlta include TD Asset Management Inc (0.43%), Allianz Asset Management GmbH (0.13%), Cardinal Point Capital Management ULC (0.06%) and Public Employees Retirement System of Ohio (0.04%).
View institutional ownership trends.

How do I buy shares of TransAlta?

Shares of TAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of TransAlta own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TransAlta investors own include Meta Platforms (META), NVIDIA (NVDA), Broadcom (AVGO), GE Aerospace (GE), Arista Networks (ANET), Novo Nordisk A/S (NVO) and Advanced Micro Devices (AMD).

Company Calendar

• Ex-Dividend for 7/1 Dividend: 5/30/2025
• Record date for 7/1 Dividend: 6/01/2025
• Dividend Payable: 7/01/2025
• Today: 8/01/2025
• Last Earnings: 8/01/2025
• Next Earnings (Estimated): 8/01/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: UTIL - ELEC PWR
• Sub-Industry: Utilities
• Current Symbol: NYSE:TAC
• CIK: 1144800
• Web: www.transalta.com
• Phone: (403) 267-7110
• Fax: 1-403-267-7405
• Employees: 1,205
• Year Founded: N/A

Price Target and Rating

• Average Price Target for TransAlta: $19.83
• High Price Target: $20.00
• Low Price Target: $19.50
• Potential Upside/Downside: +60.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.02)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 30.06
• P/E Growth: N/A
• Net Income: $167.12 million
• Net Margins: 0.01%
• Pretax Margin: 3.62%
• Return on Equity: -1.64%
• Return on Assets: -0.17%

Debt

• Debt-to-Equity Ratio: 4.19
• Current Ratio: 0.84
• Quick Ratio: 0.78

Sales & Book Value

• Annual Sales: $2.08 billion
• Price / Sales: 1.76
• Cash Flow: $1.75 per share
• Price / Cash Flow: 7.06
• Book Value: $2.21 per share
• Price / Book: 5.58

Miscellaneous

• Outstanding Shares: 296,400,000
• Free Float: 257,572,000
• Market Cap: $3.65 billion
• Optionable: Optionable
• Beta: 0.76