TransAlta Corporation (TransAlta) is a non-regulated electricity generation and energy marketing company with an aggregate net ownership interest of approximately 8,720 megawatts of generating capacity. The Company is engaged in the production and sale of electric energy. It focuses on generating and marketing electricity in Canada, the United States and Western Australia through its diversified portfolio of facilities fuelled by coal, natural gas, diesel, hydro, wind and solar. TransAlta is organized into eight business segments: Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing and Corporate. The Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, and Hydro segments are responsible for constructing, operating and maintaining its electrical generation. All the segments are supported by a Corporate segment, which includes the Corporation's central financial, legal, administrative, and investing functions.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Renewable Utilities
- Sub-Industry: N/A
- Symbol: NYSE:TAC
- CUSIP: N/A
- Web: www.transalta.com
Capitalization:- Market Cap: $1.7346 billion
- Outstanding Shares: 287,899,000
Average Prices:- 50 Day Moving Avg: $6.27
- 200 Day Moving Avg: $5.85
- 52 Week Range: $3.75 - $6.60
P/E:- Trailing P/E Ratio: 70.882
- Foreward P/E Ratio: 300.00
- P/E Growth: -1.750
Sales & Book Value:- Annual Revenue: $1.93 billion
- Price / Sales: 0.90
- Book Value: $7.03 per share
- Price / Book: 0.85
Dividend:- Annual Dividend: $0.13
- Dividend Yield: 2.1%
Profitability:- EBIDTA: $735.08 million
- Net Margins: 1.67%
- Return on Equity: 1.00%
- Return on Assets: 0.34%
Debt:- Debt-to-Equity Ratio: 0.78%
- Current Ratio: 0.83%
- Quick Ratio: 0.66%
Misc:- Average Volume: 26,838 shs.
- Beta: 0.72
- Short Ratio: 16.85
Frequently Asked Questions for TransAlta Corporation (NYSE:TAC)
What is TransAlta Corporation's stock symbol?
TransAlta Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "TAC."
How often does TransAlta Corporation pay dividends? What is the dividend yield for TransAlta Corporation?
TransAlta Corporation declared a quarterly dividend on Wednesday, July 19th. Investors of record on Friday, September 1st will be given a dividend of $0.0314 per share on Sunday, October 1st. This represents a $0.13 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend is Wednesday, August 30th. This is a positive change from TransAlta Corporation's previous quarterly dividend of $0.03. View TransAlta Corporation's Dividend History.
How were TransAlta Corporation's earnings last quarter?
TransAlta Corporation (NYSE:TAC) released its quarterly earnings data on Friday, October, 30th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.06 by $0.28. The firm earned $490.62 million during the quarter. TransAlta Corporation had a net margin of 1.67% and a return on equity of 1.00%. View TransAlta Corporation's Earnings History.
When will TransAlta Corporation make its next earnings announcement?
Where is TransAlta Corporation's stock going? Where will TransAlta Corporation's stock price be in 2017?
4 analysts have issued 1 year price targets for TransAlta Corporation's shares. Their forecasts range from $6.00 to $8.00. On average, they expect TransAlta Corporation's stock price to reach $7.00 in the next twelve months. View Analyst Ratings for TransAlta Corporation.
Who are some of TransAlta Corporation's key competitors?
Some companies that are related to TransAlta Corporation include NRG Yield (NYLD), PNM Resources, Inc. (Holding Co.) (PNM), Avista Corporation (AVA), Pennon Group plc (PNN), Telephone and Data Systems (TDS), UIL Holdings (UIL), NorthWestern Corporation (NWE), South Jersey Industries (SJI), Capital Power Corp (CPX), Companhia Paranaense de Energia (COPEL) (ELP), Pattern Energy Group (PEGI), MGE Energy (MGEE), El Paso Electric Company (EE), TransAlta (TA), Atlantica Yield PLC (ABY), Northwest Natural Gas Company (NWN), American States Water Company (AWR) and California Water Service Group Holding (CWT).
Who are TransAlta Corporation's key executives?
TransAlta Corporation's management team includes the folowing people:
- Gordon D. Giffin J.D., Independent Chairman of the Board
- Dawn Lorraine Farrell, President, Chief Executive Officer, Non-Independent Director
- Donald Tremblay, Chief Financial Officer
- Wayne A. Collins, Executive Vice President - Coal and Mining Operations
- Jennifer M. Pierce, Senior Vice President - Trading and Marketing
- Aron J. Willis, Senior Vice President - Gas and Renewables
- Dawn E. de Lima, Chief Administrative Officer
- Brett M. Gellner, Chief Investment Officer
- John Harry Kousinioris, Chief Legal and Compliance Officer, Corporate Secretary
- Todd John Stack, Managing Director, Corporate Controller
Who owns TransAlta Corporation stock?
TransAlta Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Royal Bank of Canada (8.25%), CIBC Asset Management Inc (6.13%), TD Asset Management Inc. (3.03%), Vanguard Group Inc. (2.03%), Goldman Sachs Group Inc. (1.14%) and Canada Pension Plan Investment Board (0.98%). View Institutional Ownership Trends for TransAlta Corporation.
Who sold TransAlta Corporation stock? Who is selling TransAlta Corporation stock?
TransAlta Corporation's stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, The Manufacturers Life Insurance Company , Russell Investments Group Ltd., Intact Investment Management Inc., TD Asset Management Inc., Public Sector Pension investment Board, Legal & General Group Plc and Citigroup Inc.. View Insider Buying and Selling for TransAlta Corporation.
Who bought TransAlta Corporation stock? Who is buying TransAlta Corporation stock?
TransAlta Corporation's stock was purchased by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Goldman Sachs Group Inc., Sentry Investments Corp., Bank of Nova Scotia, Canada Pension Plan Investment Board, Vanguard Group Inc., Sprott Inc. and Advisors Asset Management Inc.. View Insider Buying and Selling for TransAlta Corporation.
How do I buy TransAlta Corporation stock?
Shares of TransAlta Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TransAlta Corporation's stock price today?
One share of TransAlta Corporation stock can currently be purchased for approximately $6.00.
MarketBeat Community Rating for TransAlta Corporation (NYSE TAC)MarketBeat's community ratings are surveys of what our community members think about TransAlta Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for TransAlta Corporation (NYSE:TAC)Earnings History by Quarter for TransAlta Corporation (NYSE TAC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/3/2017 | | | | | | | | |
| 10/30/2015 | Q3 | $0.06 | $0.34 | | $490.62 million | View | Listen |  |
| 7/29/2015 | Q215 | ($0.02) | ($0.16) | $491.00 million | $438.00 million | View | Listen | |
| 4/28/2015 | Q115 | $0.03 | $0.09 | $775.00 million | $593.00 million | View | N/A | |
| 2/19/2015 | Q414 | $0.11 | $0.13 | | $578.26 million | View | N/A | |
| 10/30/2014 | | $0.10 | ($0.05) | | $572.42 million | View | N/A | |
| 7/30/2014 | Q214 | $0.04 | ($0.04) | $518.00 million | $453.77 million | View | N/A | |
| 4/29/2014 | | $0.10 | $0.17 | | $703.67 million | View | N/A | |
| 10/31/2013 | | $0.13 | $0.14 | | | View | N/A | |
| 7/30/2013 | | $0.15 | $0.03 | | | View | N/A | |
| 2/27/2013 | Q412 | $0.28 | $0.21 | $608.00 million | $661.00 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for TransAlta Corporation (NYSE:TAC)Current Year EPS Consensus Estimate: $-0.07 EPS
Next Year EPS Consensus Estimate: $0.02 EPS
Current Dividend Information for TransAlta Corporation (NYSE:TAC)| Next Dividend: | 10/1/2017 |
| Annual Dividend: | $0.13 |
| Dividend Yield: | 2.17% |
| Dividend Growth: | -40.90% (3 Year Average) |
| Payout Ratio: | 144.46% (Trailing 12 Months of Earnings)
-185.71% (Based on This Year's Estimates)
650.00% (Based on Next Year's Estimates)
|
Dividend History by Quarter for TransAlta Corporation (NYSE TAC)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/19/2017 | quarterly | $0.03 | 1.92% | 8/30/2017 | 9/1/2017 | 10/1/2017 |
| 4/20/2017 | quarterly | $0.03 | 2.27% | 5/30/2017 | 6/1/2017 | 7/1/2017 |
| 12/20/2016 | quarterly | $0.03 | 2.21% | 2/27/2017 | 3/1/2017 | 4/1/2017 |
| 10/18/2016 | quarterly | $0.03 | 2.64% | 11/29/2016 | 12/1/2016 | 1/1/2017 |
| 7/20/2016 | quarterly | $0.03 | 2.66% | 8/30/2016 | 9/1/2016 | 10/1/2016 |
| 4/22/2016 | quarterly | $0.03 | 2.52% | 5/27/2016 | 6/1/2016 | 7/1/2016 |
| 2/18/2016 | quarterly | $0.03 | 2.82% | 2/26/2016 | 3/1/2016 | 4/1/2016 |
| 10/30/2015 | quarterly | $0.14 | 11.8% | 11/27/2015 | 12/1/2015 | 1/1/2016 |
| 7/22/2015 | quarterly | $0.14 | 7.93% | 8/28/2015 | 9/1/2015 | 10/1/2015 |
| 4/29/2015 | quarterly | $0.15 | 5.86% | 5/28/2015 | 6/1/2015 | 7/1/2015 |
| 1/26/2015 | quarterly | $0.18 | | 2/26/2015 | 3/2/2015 | 4/1/2015 |
| 10/29/2014 | | $0.16 | | 11/26/2014 | 12/1/2014 | 1/1/2015 |
| 7/23/2014 | quarterly | $0.17 | 5.64% | 8/27/2014 | 8/29/2014 | 10/1/2014 |
| 4/29/2014 | quarterly | $0.16 | 5.39% | 5/28/2014 | 5/30/2014 | 7/1/2014 |
| 2/21/2014 | quarterly | $0.16 | 5.39% | 2/28/2014 | 3/4/2014 | 4/1/2014 |
| 10/30/2013 | | $0.28 | | 11/26/2013 | 11/29/2013 | 1/1/2014 |
| 10/30/2013 | quarterly | $0.29 | 8.24% | 11/26/2013 | 11/29/2013 | 1/1/2014 |
| 7/24/2013 | quarterly | $0.28 | 7.71% | 8/28/2013 | 8/30/2013 | 10/1/2013 |
| 4/24/2013 | quarterly | $0.28 | 8.46% | 5/29/2013 | 5/31/2013 | 7/1/2013 |
| 1/29/2013 | quarterly | $0.29 | 7.08% | 2/27/2013 | 3/1/2013 | 4/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for TransAlta Corporation (NYSE:TAC)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for TransAlta Corporation (NYSE:TAC)
Latest Headlines for TransAlta Corporation (NYSE:TAC)
| Source: |
|
| Date | Headline |
|---|
 | Brokerages Anticipate TransAlta Corporation (TAC) Will Announce Earnings of $0.03 Per Share
www.americanbankingnews.com - September 19 at 2:28 PM |
 | TransAlta Announces Conversion Results for Series E Preferred Shares
finance.yahoo.com - September 18 at 7:04 AM |
 | Should You Buy TransAlta Corporation Today?
www.fool.ca - September 16 at 9:20 AM |
| TransAlta Corp. breached its 50 day moving average in a Bearish Manner : TAC-US : September 12, 2017
finance.yahoo.com - September 13 at 9:50 AM |
 | TransAlta Reaches Analyst Target Price
www.thestreet.com - September 9 at 9:09 AM |
| Bargains or Busts: 2 Companies Trading at Big Discounts
www.fool.ca - September 1 at 9:29 AM |
| TransAlta Corporation Provides Notice of Series E Preferred Shares Conversion Right and Announces Reset Dividend Rates
finance.yahoo.com - September 1 at 9:29 AM |
| TransAlta Corporation (TAC) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - August 30 at 2:32 PM |
 | TransAlta Corporation (TAC) Ex-Dividend Date Scheduled for August 30, 2017 - Nasdaq
www.nasdaq.com - August 30 at 9:54 AM |
 | TransAlta: Q2 Inline, Guidance Lowered
seekingalpha.com - August 27 at 7:22 AM |
| TransAlta Corp. – Value Analysis (NYSE:TAC) : August 24, 2017
finance.yahoo.com - August 24 at 6:43 PM |
| TransAlta Corporation (TAC) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - August 21 at 9:48 PM |
| TransAlta Corporation (TAC) Downgraded by BidaskClub
www.americanbankingnews.com - August 16 at 1:46 PM |
| TransAlta Corporation (TAC) and Comp En De Mn Cemig ADS (CIG) Head to Head Comparison
www.americanbankingnews.com - August 16 at 9:42 AM |
| TransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : August 15, 2017
finance.yahoo.com - August 16 at 7:57 AM |
| TransAlta Corporation (TAC) Upgraded at Zacks Investment Research
www.americanbankingnews.com - August 15 at 3:00 PM |
| TransAlta (TAC) Q2 Loss in Line with Estimates, Revises View
finance.yahoo.com - August 12 at 8:17 AM |
| See what the IHS Markit Score report has to say about TransAlta Corp.
finance.yahoo.com - August 11 at 2:26 AM |
| TransAlta Reports Second Quarter 2017 Results and Revised 2017 Outlook
finance.yahoo.com - August 10 at 8:28 AM |
| TransAlta reports 2Q loss
finance.yahoo.com - August 10 at 8:28 AM |
| TransAlta Corporation (NYSE:TAC) Upgraded to Buy at BidaskClub
www.americanbankingnews.com - August 8 at 1:58 PM |
| TransAlta Corporation (NYSE:TAC) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 5 at 2:38 PM |
| TransAlta Corporation (TAC) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - August 2 at 8:40 AM |
| TransAlta Corporation (NYSE:TAC) Declares Dividend Increase - $0.03 Per Share
www.americanbankingnews.com - July 19 at 4:57 PM |
| TransAlta Corporation (NYSE:TAC) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - July 18 at 11:35 AM |
| TransAlta Appoints the Honourable Rona Ambrose to its Board of Directors
finance.yahoo.com - July 14 at 8:58 AM |
| TransAlta Corporation (TAC) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 11 at 2:12 PM |
| TransAlta Comments on the Balancing Pools Announcement Regarding the Consultation Process Initiation
finance.yahoo.com - July 6 at 11:54 AM |
| Critical Review: 8point3 Energy Partners (CAFD) & TransAlta Corporation (NYSE:TAC)
www.americanbankingnews.com - July 5 at 12:22 AM |
| TransAlta Corporation (TAC) Rating Increased to Buy at BidaskClub
www.americanbankingnews.com - July 1 at 3:42 PM |
| TransAlta Is Undervalued And Getting Paid For Coal Shutdowns
seekingalpha.com - June 17 at 9:57 PM |
| TransAlta Corporation (TAC) Short Interest Down 38.9% in May
www.americanbankingnews.com - June 17 at 7:10 AM |
| TransAlta Announces Conversion Results for Series C Preferred Shares
finance.yahoo.com - June 17 at 6:31 AM |
| TransAlta Corporation (TAC) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - June 16 at 12:50 PM |
| Here's How Green Sausages Get Made In The Swamp — It Isn't Very Pretty
finance.yahoo.com - June 13 at 8:13 PM |
| TerraForm Global (GLBL) and TransAlta (TAC) Financial Contrast
www.americanbankingnews.com - June 11 at 12:16 AM |
| TransAlta (TAC) and TerraForm Global (GLBL) Head-To-Head Contrast
www.americanbankingnews.com - June 9 at 12:10 AM |
| Financial Contrast: TerraForm Power (TERP) versus TransAlta (TAC)
www.americanbankingnews.com - June 6 at 10:06 PM |
| TransAlta Corporation Provides Notice of Series C Preferred Shares Conversion Right and Announces Reset Dividend Rates
finance.yahoo.com - May 31 at 8:14 PM |
| TransAlta Corp. : TAC-US: Dividend Analysis : June 01st, 2017 (record date) : By the numbers : May 31, 2017
finance.yahoo.com - May 31 at 12:09 PM |
| TransAlta Co. (TAC) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - May 22 at 12:24 PM |
| TransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : May 22, 2017
finance.yahoo.com - May 22 at 8:42 AM |
| ETFs with exposure to TransAlta Corp. : May 15, 2017
finance.yahoo.com - May 15 at 7:20 PM |
| TransAlta Co. (TAC) Downgraded to "Strong Sell" at Zacks Investment Research
www.americanbankingnews.com - May 12 at 7:30 AM |
| TransAlta Co. (TAC) Forecasted to Earn FY2017 Earnings of $0.02 Per Share
www.americanbankingnews.com - May 11 at 10:36 AM |
| TransAlta Corp. :TAC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 11 at 1:49 AM |
| TransAlta Co. (TAC) Rating Lowered to D+ at TheStreet
www.americanbankingnews.com - May 9 at 3:16 PM |
| TransAlta Co. (TAC) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - May 6 at 7:34 AM |
| TransAlta Reports First Quarter 2017 Results
finance.yahoo.com - May 5 at 11:27 PM |
| TransAlta posts 1Q profit
finance.yahoo.com - May 5 at 11:27 PM |
TransAlta Corporation (TAC) Chart for Wednesday, September, 20, 2017
