TransAlta Corp. Company Profile (NYSE:TAC)

About TransAlta Corp.

TransAlta Corp. logoTransAlta Corporation (TransAlta) is a non-regulated electricity generation and energy marketing company with an aggregate net ownership interest of approximately 8,730 megawatts of generating capacity. The Company is engaged in the production and sale of electric energy. TransAlta is organized into seven segments: Canadian Coal, U.S. Coal, Gas, Wind and Solar, Hydro, Energy Marketing and Corporate. The Canadian Coal, U.S. Coal, Gas, Wind and Solar, and Hydro segments are responsible for constructing, operating and maintaining its electrical generation. The Canadian Coal segment is also responsible for the operation and maintenance of the Company's related mining operations in Canada. The Energy Marketing segment is responsible for marketing its production through short-term and long-term contracts. The Company operates facilities having approximately 10,208 megawatts of aggregate generating capacity.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Diversified Utilities
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: TAC
  • CUSIP:
Key Metrics:
  • Previous Close: $4.45
  • 50 Day Moving Average: $4.73
  • 200 Day Moving Average: $4.78
  • Trailing P/E Ratio: 7.54
  • Foreward P/E Ratio: 40.45
  • P/E Growth: -6.45
  • Market Cap: $1.28B
  • Outstanding Shares: 287,899,000
  • Beta: 0.45
Additional Links:
Companies Related to TransAlta Corp.:

Analyst Ratings

Consensus Ratings for TransAlta Corp. (NYSE:TAC) (?)
Ratings Breakdown: 2 Sell Ratings, 3 Hold Ratings
Consensus Rating:Hold (Score: 1.60)
Consensus Price Target: $6.50 (46.07% upside)

Analysts' Ratings History for TransAlta Corp. (NYSE:TAC)
Show:
DateFirmActionRatingPrice TargetDetails
5/4/2016TD SecuritiesDowngradeBuy -> HoldView Rating Details
5/4/2016Royal Bank Of CanadaDowngradeSector Perform -> Underperform$5.00 -> $5.50View Rating Details
4/22/2016Credit Suisse Group AGDowngradeNeutral -> UnderperformView Rating Details
1/15/2016BMO Capital MarketsDowngradeOutperform -> Market Perform$8.00 -> $5.00View Rating Details
11/2/2015National Bank FinancialReiterated RatingSector Perform$10.00 -> $9.00View Rating Details
8/25/2015CIBCUpgradeUnderperform -> Sector PerformView Rating Details
3/24/2015ScotiabankReiterated RatingSector OutperformView Rating Details
(Data available from 8/26/2014 forward)

Earnings

Earnings History for TransAlta Corp. (NYSE:TAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2015Q3$0.06$0.34ViewListenView Earnings Details
7/29/2015Q215($0.02)($0.16)$491.00 million$438.00 millionViewListenView Earnings Details
4/28/2015Q115$0.03$0.09$775.00 million$593.00 millionViewN/AView Earnings Details
2/19/2015Q414$0.11$0.13ViewN/AView Earnings Details
10/30/2014$0.10($0.05)ViewN/AView Earnings Details
7/30/2014Q214$0.04($0.04)$518.00 millionViewN/AView Earnings Details
4/29/2014$0.10$0.17ViewN/AView Earnings Details
10/31/2013$0.13$0.14ViewN/AView Earnings Details
7/30/2013$0.15$0.03ViewN/AView Earnings Details
2/27/2013Q412$0.28$0.21$608.00 million$661.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TransAlta Corp. (NYSE:TAC)
Current Year EPS Consensus Estimate: $0.06 EPS
Next Year EPS Consensus Estimate: $0.11 EPS

Dividends

Current Dividend Information for TransAlta Corp. (NYSE:TAC)
Annual Dividend:$0.13
Dividend Yield:2.92%
Payout Ratio:22.03% (Based on Trailing 12 Months of Earnings)
216.67% (Based on Current Year Consensus EPS Estimate)
118.18% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-25.40% (3 Year Average)

Dividend History for TransAlta Corp. (NYSE:TAC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/20/2016quarterly$0.032.66%8/30/20169/1/201610/1/2016
4/22/2016quarterly$0.032.52%5/27/20166/1/20167/1/2016
2/18/2016quarterly$0.032.82%2/26/20163/1/20164/1/2016
10/30/2015quarterly$0.1411.8%11/27/201512/1/20151/1/2016
7/22/2015quarterly$0.147.93%8/28/20159/1/201510/1/2015
4/29/2015quarterly$0.155.86%5/28/20156/1/20157/1/2015
1/26/2015quarterly$0.182/26/20153/2/20154/1/2015
10/29/2014$0.1611/26/201412/1/20141/1/2015
7/23/2014quarterly$0.175.64%8/27/20148/29/201410/1/2014
4/29/2014quarterly$0.165.39%5/28/20145/30/20147/1/2014
2/21/2014quarterly$0.165.39%2/28/20143/4/20144/1/2014
10/30/2013$0.2811/26/201311/29/20131/1/2014
10/30/2013quarterly$0.298.24%11/26/201311/29/20131/1/2014
7/24/2013quarterly$0.287.71%8/28/20138/30/201310/1/2013
4/24/2013quarterly$0.288.46%5/29/20135/31/20137/1/2013
1/29/2013quarterly$0.297.08%2/27/20133/1/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for TransAlta Corp. (NYSE:TAC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for TransAlta Corp. (NYSE:TAC)
DateHeadline
News IconSizing Up EPS Growth & Performance on Shares of TransAlta Corp. (NYSE:TAC) - Post News (NYSE:TAC)
www.kentuckypostnews.com - August 24 at 7:25 PM
fool.ca logoInvestors: Protect Your Portfolio With These 3 Easy Steps (NYSE:TAC)
www.fool.ca - August 23 at 7:49 PM
capitalcube.com logoETF’s with exposure to TransAlta Corp. : August 23, 2016 (NYSE:TAC)
www.capitalcube.com - August 23 at 7:49 PM
nasdaq.com logoTransAlta Becomes Oversold (TAC) (NYSE:TAC)
www.nasdaq.com - August 22 at 7:35 PM
capitalcube.com logoTransAlta Corp. :TAC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 18, 2016 (NYSE:TAC)
www.capitalcube.com - August 18 at 7:55 PM
forbes.com logoTransAlta's Preferred Series A Shares Cross 7% Yield Mark (NYSE:TAC)
www.forbes.com - August 17 at 3:22 PM
benzinga.com logoMid-Morning Market Update: Markets Open Higher; Alibaba Profit Tops Estimates - Benzinga (NYSE:TAC)
www.benzinga.com - August 12 at 10:55 AM
nasdaq.com logoMid-Day Market Update: Crude Oil Up Over 4.5%; Kohl's Shares Surge On Upbeat Results - Nasdaq (NYSE:TAC)
www.nasdaq.com - August 12 at 10:55 AM
nasdaq.com logoMid-Afternoon Market Update: A Schulman Drops On Lowered Guidance; Macy's Shares Spike Higher - Nasdaq (NYSE:TAC)
www.nasdaq.com - August 12 at 10:55 AM
sg.finance.yahoo.com logoTransAlta posts 2Q profit (NYSE:TAC)
sg.finance.yahoo.com - August 9 at 11:02 AM
publicnow.com logoTransAlta Reports Second Quarter 2016 Results (NYSE:TAC)
www.publicnow.com - August 9 at 11:02 AM
seekingalpha.com logoTransAlta Pulls Back From The Brink, But Still Has A Difficult Road Ahead - Seeking Alpha (NYSE:TAC)
seekingalpha.com - July 30 at 10:28 AM
kcregister.com logoTrending Stocks: Bellicum Pharmaceuticals, Inc. (NASDAQ:BLCM), Voyager Therapeutics, Inc. (NASDAQ:VYGR ... - KC Register (NYSE:TAC)
www.kcregister.com - July 25 at 7:54 PM
News IconFirms and Funds Increasing Their Stake in TransAlta Corp. (NYSE:TAC) - Engelwood Daily (NYSE:TAC)
www.engelwooddaily.com - July 23 at 11:30 AM
News IconVertex One Asset Management INC Increased Transalta Corp (NYSE:TAC) by $14.39 Million as Shares Rose - Consumer Eagle (NYSE:TAC)
www.consumereagle.com - July 15 at 12:57 PM
fool.ca logoContrarian Investors: Are 2 Former Dividend Champs Now Value Plays? - The Motley Fool Canada (NYSE:TAC)
www.fool.ca - July 12 at 12:01 PM
benzinga.com logoMid-Afternoon Market Update: Dow Surges 250 Points; Juno Therapeutics Shares Tumble - Benzinga (NYSE:TAC)
www.benzinga.com - July 8 at 7:38 PM
benzinga.com logoMid-Day Market Update: PriceSmart Drops Following Weak Q3 Results; Eleven Biotherapeutics Shares Spike Higher - Benzinga (NYSE:TAC)
www.benzinga.com - July 8 at 7:38 PM
News IconVertex One Asset Management INC Increased Transalta Corp (NYSE:TAC) by $14.39 Million as Shares Rose - Engelwood Daily (NYSE:TAC)
www.engelwooddaily.com - July 8 at 7:38 PM
feeds.benzinga.com logoMid-Afternoon Market Update: Dow Surges 250 Points; Juno Therapeutics Shares Tumble (NYSE:TAC)
feeds.benzinga.com - July 8 at 4:03 PM
News IconVertex One Asset Management INC Decreased Stake in Airgas INC (NYSE:ARG) by $7.19 Million as Shares Rose - Engelwood Daily (NYSE:TAC)
www.engelwooddaily.com - July 8 at 10:34 AM
News IconTop Stock Weekly Review: TransAlta Corp. (NYSE:TAC) - Telanagana Press (NYSE:TAC)
telanaganapress.com - July 7 at 10:26 AM
News IconVertex One Asset Management INC Increased Transalta Corp (NYSE:TAC) by $14.39 Million as Shares Rose - Press Telegraph (NYSE:TAC)
presstelegraph.com - July 1 at 7:41 PM
capitalcube.com logoTransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : July 1, 2016 (NYSE:TAC)
www.capitalcube.com - July 1 at 8:31 AM
capitalcube.com logoTransAlta Corp. breached its 50 day moving average in a Bearish Manner : TAC-US : June 20, 2016 (NYSE:TAC)
www.capitalcube.com - June 20 at 8:34 AM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: Capstead Mortgage, Fortuna Silver Mines, IAMGOLD, Pretium Resources and TransAlta (NYSE:TAC)
finance.yahoo.com - June 15 at 9:30 AM
News IconEECA Chief Executive to retire - Voxy (NYSE:TAC)
www.voxy.co.nz - June 10 at 10:45 AM
capitalcube.com logoTransAlta Corp. – Value Analysis (NYSE:TAC) : June 7, 2016 (NYSE:TAC)
www.capitalcube.com - June 7 at 1:24 PM
capitalcube.com logoTransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : June 6, 2016 (NYSE:TAC)
www.capitalcube.com - June 6 at 8:15 AM
News IconTransAlta Co. (TAC) gets Underperform status at RBC Capital - Let Me Know About This (NYSE:TAC)
www.lmkat.com - June 5 at 7:44 PM
News IconTransAlta Co. (TAC) Cut to “Hold” at TD Securities - Let Me Know About This (NYSE:TAC)
www.lmkat.com - June 5 at 10:25 AM
einnews.com logoDividend 15 Split Corp. Announces Overnight Offering - EIN News (press release) (NYSE:TAC)
www.einnews.com - June 3 at 10:42 AM
News IconTri-Municipal Expo - Spruce Grove Examiner (NYSE:TAC)
www.sprucegroveexaminer.com - April 9 at 2:55 PM
capitalcube.com logoTransAlta Corp. breached its 50 day moving average in a Bullish Manner : February 1, 2016 (NYSE:TAC)
www.capitalcube.com - February 1 at 8:34 AM
kcregister.com logoTop News: TransAlta Corp. (NYSE:TAC), Atwood Oceanics (NYSE:ATW), JinkoSolar Holding (NYSE:JKS), Jones ... - KC Register (NYSE:TAC)
www.kcregister.com - January 20 at 6:42 PM
finance.yahoo.com logoTransalta downgraded by BMO Capital Markets (NYSE:TAC)
finance.yahoo.com - January 15 at 12:51 PM
bloomberg.com logoTransAlta Shares Slump After Dividend Cut Amid Coal Phase-Out (NYSE:TAC)
www.bloomberg.com - January 15 at 10:02 AM
finance.yahoo.com logo4:00 am Transalta announces actions to maximize its financial flexibility; on track to meet 2015 and 2016 guidance (NYSE:TAC)
finance.yahoo.com - January 15 at 4:00 AM
finance.yahoo.com logoTransAlta Announces Key Actions to Support Transition to Clean Power (NYSE:TAC)
finance.yahoo.com - January 14 at 7:27 PM
moodys.com logoTransAlta Corporation -- Moody's Downgrades TransAlta to Ba1; Outlook Stable (NYSE:TAC)
www.moodys.com - December 17 at 4:35 PM
finance.yahoo.com logoTuesday's After-Hours Movers Led By Kinder Morgan, Krispy Kreme And AeroVironment (NYSE:TAC)
finance.yahoo.com - December 8 at 5:02 PM
finance.yahoo.com logoTRANSALTA CORP Financials (NYSE:TAC)
finance.yahoo.com - December 8 at 1:05 PM
capitalcube.com logoTransAlta Corp.: Strong price momentum but will it sustain? (NYSE:TAC)
www.capitalcube.com - November 24 at 1:34 PM
noodls.com logoTransAlta only power generation company in Top 20 of Canada’s Climate Disclosure Leadership Index (NYSE:TAC)
www.noodls.com - November 6 at 11:24 AM

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TransAlta Corp. (NYSE:TAC) Chart for Friday, August, 26, 2016


Last Updated on 8/26/2016 by MarketBeat.com Staff