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

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$5.87 +0.02 (+0.34 %)
(As of 08/20/2018 10:25 AM ET)
Previous Close$5.85
Today's Range$5.85 - $5.87
52-Week Range$4.75 - $6.40
Volume321 shs
Average Volume26,777 shs
Market Capitalization$1.64 billion
P/E Ratio-32.50
Dividend Yield2.15%
Beta0.66
TransAlta logoTransAlta 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

Stock Exchange NYSE
Industry Electric services
Sub-IndustryN/A
SectorUtilities
SymbolNYSE:TAC
CUSIPN/A
Phone403-267-7110

Debt

Debt-to-Equity Ratio0.87
Current Ratio1.62
Quick Ratio1.24

Price-To-Earnings

Trailing P/E Ratio-32.50
Forward P/E Ratio293.50
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.78 billion
Price / Sales0.95
Cash Flow$1.7734 per share
Price / Cash3.31
Book Value$9.23 per share
Price / Book0.64

Profitability

EPS (Most Recent Fiscal Year)($0.18)
Net Income$-123,420,000.00
Net Margins-8.42%
Return on Equity-1.67%
Return on Assets-0.58%

Miscellaneous

Employees2,228
Outstanding Shares287,320,000
Market Cap$1.64 billion

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 announced a quarterly dividend on Friday, July 20th. Shareholders of record on Tuesday, September 4th will be paid a dividend of $0.0305 per share on Monday, October 1st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date is Friday, August 31st. View TransAlta's Dividend History.

How were TransAlta's earnings last quarter?

TransAlta Co. (NYSE:TAC) released its earnings results on Friday, October, 30th. The utilities provider reported $0.34 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.06 by $0.28. The utilities provider had revenue of $490.62 million for the quarter. TransAlta had a negative return on equity of 1.67% and a negative net margin of 8.42%. View TransAlta's Earnings History.

When is TransAlta's next earnings date?

TransAlta is scheduled to release their next quarterly earnings announcement on Tuesday, October, 30th 2018. View Earnings Estimates for TransAlta.

What is the consensus analysts' recommendation for TransAlta?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransAlta in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TransAlta.

Who are some of TransAlta's key competitors?

Who are TransAlta's key executives?

TransAlta's management team includes the folowing people:
  • Ms. Dawn Lorraine Farrell, Pres, CEO & Director (Age 58)
  • Mr. Brett M. Gellner, Chief Investment Officer (Age 54)
  • Ms. Dawn E. de Lima, Chief Admin. Officer
  • Mr. John Harry Kousinioris, Chief Legal & Compliance Officer and Corp. Sec. (Age 53)
  • Mr. Todd John Stack, MD & Corp. Controller

Has TransAlta been receiving favorable news coverage?

News headlines about TAC stock have trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TransAlta earned a news and rumor sentiment score of 0.21 on Accern's scale. They also gave news stories about the utilities provider an impact score of 46.23 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for TransAlta.

Who are TransAlta's major shareholders?

TransAlta's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include CIBC Asset Management Inc (6.20%), CIBC World Markets Inc. (3.40%), TD Asset Management Inc. (2.00%), Scheer Rowlett & Associates Investment Management Ltd. (1.82%), Canada Pension Plan Investment Board (1.48%) and Toronto Dominion Bank (1.45%). View Institutional Ownership Trends for TransAlta.

Which major investors are selling TransAlta stock?

TAC stock was sold by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Spark Investment Management LLC, CIBC World Markets Inc., TD Asset Management Inc., Intact Investment Management Inc., Bank of America Corp DE, Acadian Asset Management LLC and Aperio Group LLC. View Insider Buying and Selling for TransAlta.

Which major investors are buying TransAlta stock?

TAC stock was purchased by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Toronto Dominion Bank, Scheer Rowlett & Associates Investment Management Ltd., Connor Clark & Lunn Investment Management Ltd., Renaissance Technologies LLC, Bank of Nova Scotia, Russell Investments Group Ltd. and Citadel Advisors LLC. 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 $5.87.

How big of a company is TransAlta?

TransAlta has a market capitalization of $1.64 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.

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:  1.7 out of 5 (star)
Outperform Votes:  160 (Vote Outperform)
Underperform Votes:  301 (Vote Underperform)
Total Votes:  461
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 8/20/2018 by MarketBeat.com Staff

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