NYSE:TAC - TransAlta Stock Price, News, & Analysis

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$5.74 +0.01 (+0.17 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$5.74
Today's Range$5.6895 - $5.77
52-Week Range$3.99 - $6.05
Volume93,238 shs
Average Volume85,882 shs
Market Capitalization$1.63 billion
P/E Ratio-31.89
Dividend Yield2.10%
Beta1.31
TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. The company operates through eight segments: Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing, and Corporate. It generates and markets electricity through various generation facilities. The company has an aggregate net ownership interest of approximately 8,546 megawatts of generating capacity. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.

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Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
Phone403-267-7110

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.78 billion
Cash Flow$1.7237 per share
Book Value$9.23 per share

Profitability

Net Income$-123,420,000.00

Miscellaneous

Employees2,228
Market Cap$1.63 billion
Next Earnings Date2/27/2019 (Confirmed)
OptionableNot Optionable

TransAlta (NYSE:TAC) Frequently Asked Questions

What is TransAlta's stock symbol?

TransAlta trades on the New York Stock Exchange (NYSE) under the ticker symbol "TAC."

How often does TransAlta pay dividends? What is the dividend yield for TransAlta?

TransAlta declared a quarterly dividend on Monday, December 17th. Investors of record on Friday, March 1st will be given a dividend of $0.0299 per share on Monday, April 1st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date is Thursday, February 28th. View TransAlta's Dividend History.

When is TransAlta's next earnings date?

TransAlta is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for TransAlta.

What is the consensus analysts' recommendation for TransAlta?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransAlta in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TransAlta.

Has TransAlta been receiving favorable news coverage?

Headlines about TAC stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. TransAlta earned a daily sentiment score of -1.5 on InfoTrie's scale. They also assigned press coverage about the utilities provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

Who are some of TransAlta's key competitors?

What other stocks do shareholders of TransAlta own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TransAlta investors own include TransAlta (TA), Advanced Micro Devices (AMD), Zynga (ZNGA), Chorus Aviation (CHR), Kforce (KFRC), Thompson Creek Metals (TCPTF), General Electric (GE), Xerox (XRX), Bausch Health Companies (BHC) and PETROLEO BRASIL/ADR (PBR).

Who are TransAlta's key executives?

TransAlta's management team includes the folowing people:
  • Ms. Dawn Lorraine Farrell, Pres, CEO & Director (Age 59)
  • Ms. Dawn E. de Lima, Chief Officer of Bus. & Operational Services
  • Mr. Brett M. Gellner, Chief Strategy & Investment Officer (Age 55)
  • Mr. John Harry Kousinioris, Chief Growth Officer (Age 54)
  • Mr. Christophe Dehout, Chief Financial Officer

Who are TransAlta's major shareholders?

TransAlta's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include CIBC Asset Management Inc (3.58%), Canada Pension Plan Investment Board (2.21%), Mackenzie Financial Corp (2.05%), Toronto Dominion Bank (1.98%), TD Asset Management Inc. (1.91%) and Scheer Rowlett & Associates Investment Management Ltd. (1.81%). View Institutional Ownership Trends for TransAlta.

Which institutional investors are selling TransAlta stock?

TAC stock was sold by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Two Sigma Investments LP, TD Asset Management Inc., Scotia Capital Inc., Scheer Rowlett & Associates Investment Management Ltd., D. E. Shaw & Co. Inc., Commonwealth Bank of Australia and ARP Americas LP. View Insider Buying and Selling for TransAlta.

Which institutional investors are buying TransAlta stock?

TAC stock was purchased by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Canada Pension Plan Investment Board, QS Investors LLC, Mackenzie Financial Corp, Intact Investment Management Inc., Bank of Nova Scotia, Connor Clark & Lunn Investment Management Ltd. and Bank of America Corp DE. View Insider Buying and Selling for TransAlta.

How do I buy shares of TransAlta?

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

What is TransAlta's stock price today?

One share of TAC stock can currently be purchased for approximately $5.74.

How big of a company is TransAlta?

TransAlta has a market capitalization of $1.63 billion and generates $1.78 billion in revenue each year. The utilities provider earns $-123,420,000.00 in net income (profit) each year or ($0.18) on an earnings per share basis. TransAlta employs 2,228 workers across the globe.

What is TransAlta's official website?

The official website for TransAlta is http://www.transalta.com.

How can I contact TransAlta?

TransAlta's mailing address is 110 12TH AVE SW BOX 1900 STATION M CALGARY ALBERTA, CALGARY A0, T2P2M1. The utilities provider can be reached via phone at 403-267-7110.


MarketBeat Community Rating for TransAlta (NYSE TAC)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  174 (Vote Outperform)
Underperform Votes:  318 (Vote Underperform)
Total Votes:  492
MarketBeat's community ratings are surveys of what our community members think about TransAlta and other stocks. Vote "Outperform" if you believe TAC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TAC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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