TransAlta Company Profile (NYSE:TAC)

About TransAlta (NYSE:TAC)

TransAlta logoTransAlta 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: Diversified Utilities
  • Sub-Industry: N/A
  • Symbol: NYSE:TAC
  • CUSIP: N/A
  • Web:
  • Market Cap: $1.62 billion
  • Outstanding Shares: 287,899,000
Average Prices:
  • 50 Day Moving Avg: $5.35
  • 200 Day Moving Avg: $5.41
  • 52 Week Range: $3.75 - $6.25
  • Trailing P/E Ratio: 39.821
  • Foreward P/E Ratio: 43.27
  • P/E Growth: 9.330
Sales & Book Value:
  • Annual Revenue: $1.77 billion
  • Price / Sales: 0.91
  • Book Value: $6.62 per share
  • Price / Book: 0.85
  • Annual Dividend: $0.12
  • Dividend Yield: 2.2%
  • EBIDTA: $664.41 million
  • Net Margins: 2.06%
  • Return on Equity: 0.56%
  • Return on Assets: 0.19%
  • Debt-to-Equity Ratio: 0.98%
  • Current Ratio: 0.94%
  • Quick Ratio: 0.77%
  • Average Volume: 44,237 shs.
  • Beta: 0.74
  • Short Ratio: 27.6

Frequently Asked Questions for TransAlta (NYSE:TAC)

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 Thursday, April 20th. Investors of record on Thursday, June 1st will be paid a dividend of $0.03 per share on Saturday, July 1st. This represents a $0.12 annualized dividend and a yield of 2.13%. The ex-dividend date is Tuesday, May 30th. View TransAlta's Dividend History.

How were TransAlta's earnings last quarter?

TransAlta Co. (NYSE:TAC) posted its earnings results on Friday, October, 30th. The company reported $0.34 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.06 by $0.28. The business earned $490.62 million during the quarter. TransAlta had a return on equity of 0.56% and a net margin of 2.06%. View TransAlta's Earnings History.

Where is TransAlta's stock going? Where will TransAlta's stock price be in 2017?

4 brokerages have issued 12-month target prices for TransAlta's shares. Their predictions range from $6.00 to $8.00. On average, they expect TransAlta's stock price to reach $7.00 in the next year. View Analyst Ratings for TransAlta.

Are investors shorting TransAlta?

TransAlta saw a decline in short interest in the month of April. As of April 13th, there was short interest totalling 877,577 shares, a decline of 34.4% from the March 31st total of 1,338,450 shares. Based on an average daily trading volume, of 50,588 shares, the days-to-cover ratio is presently 17.3 days. Currently, 0.3% of the shares of the stock are short sold.

Who are some of TransAlta's key competitors?

Who owns TransAlta stock?

TransAlta's stock is owned by a number of of retail and institutional investors. Top institutional investors include Brookfield Asset Management Inc. (4.87%), TD Asset Management Inc. (3.12%), Credit Suisse AG (3.00%), Vanguard Group Inc. (1.93%), Mackenzie Financial Corp (1.56%) and Canada Pension Plan Investment Board (0.88%). View Institutional Ownership Trends for TransAlta.

Who sold TransAlta stock? Who is selling TransAlta stock?

TransAlta's stock was sold by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Morgan Stanley, Bank of America Corp DE, Renaissance Technologies LLC, Mackenzie Financial Corp, Russell Investments Group Ltd., Advisors Asset Management Inc. and UBS Group AG. View Insider Buying and Selling for TransAlta.

Who bought TransAlta stock? Who is buying TransAlta stock?

TransAlta's stock was bought by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, TD Asset Management Inc., James Investment Research Inc., Vanguard Group Inc., Canada Pension Plan Investment Board, Karp Capital Management Corp, Goldman Sachs Group Inc. and ING Groep NV. View Insider Buying and Selling for TransAlta.

How do I buy TransAlta stock?

Shares of TransAlta can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of TransAlta stock cost?

One share of TransAlta stock can currently be purchased for approximately $5.63.

Analyst Ratings

Consensus Ratings for TransAlta (NYSE:TAC) (?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $7.00 (24.44% upside)

Analysts' Ratings History for TransAlta (NYSE:TAC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/13/2017National Bank FinancialDowngradeOutperform -> Sector PerformN/AView Rating Details
11/25/2016BMO Capital MarketsSet Price TargetHold$8.00N/AView Rating Details
11/7/2016Royal Bank of CanadaUpgradeUnderperform -> Sector Perform$6.00N/AView Rating Details
11/7/2016ScotiabankUpgradeUnderperform -> Sector PerformN/AView Rating Details
5/4/2016TD SecuritiesDowngradeBuy -> HoldN/AView Rating Details
4/22/2016Credit Suisse Group AGDowngradeNeutral -> UnderperformN/AView Rating Details
8/25/2015CIBCUpgradeUnderperform -> Sector PerformN/AView Rating Details
(Data available from 5/24/2015 forward)


Earnings History for TransAlta (NYSE:TAC)
Earnings by Quarter for TransAlta (NYSE:TAC)
Earnings History by Quarter for TransAlta (NYSE:TAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2015Q3$0.06$0.34$490.62 millionViewListenView 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$0.13$578.26 millionViewN/AView Earnings Details
10/30/2014$0.10($0.05)$572.42 millionViewN/AView Earnings Details
7/30/2014Q214$0.04($0.04)$518.00 million$453.77 millionViewN/AView Earnings Details
4/29/2014$0.10$0.17$703.67 millionViewN/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)


Earnings Estimates for TransAlta (NYSE:TAC)
Current Year EPS Consensus Estimate: $0.030 EPS
Next Year EPS Consensus Estimate: $0.130 EPS


Current Dividend Information for TransAlta (NYSE:TAC)
Next Dividend:7/1/2017
Annual Dividend:$0.12
Dividend Yield:2.13%
Dividend Growth:-40.90% (3 Year Average)
Payout Ratio:85.72% (Trailing 12 Months of Earnings)
400.00% (Based on This Year's Estimates)
92.31% (Based on Next Year's Estimates)
Dividend Payments by Quarter for TransAlta (NYSE:TAC)

Dividend History by Quarter for TransAlta (NYSE:TAC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

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


Headline Trends for TransAlta (NYSE:TAC)
Latest Headlines for TransAlta (NYSE:TAC)
DateHeadline logoTransAlta Co. (TAC) Receives Average Rating of "Hold" from Analysts - May 22 at 12:24 PM logoTransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : May 22, 2017 - May 22 at 8:42 AM logoETFs with exposure to TransAlta Corp. : May 15, 2017 - May 15 at 7:20 PM logoTransAlta Co. (TAC) Downgraded to "Strong Sell" at Zacks Investment Research - May 12 at 7:30 AM logoTransAlta Co. (TAC) Forecasted to Earn FY2017 Earnings of $0.02 Per Share - May 11 at 10:36 AM logoTransAlta Corp. :TAC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017 - May 11 at 1:49 AM logoTransAlta Co. (TAC) Rating Lowered to D+ at TheStreet - May 9 at 3:16 PM logoTransAlta Co. (TAC) Downgraded by Zacks Investment Research to Hold - May 6 at 7:34 AM logoTransAlta Reports First Quarter 2017 Results - May 5 at 11:27 PM logoTransAlta posts 1Q profit - May 5 at 11:27 PM logoFavorable Press Coverage Somewhat Likely to Impact TransAlta (TAC) Share Price - May 2 at 8:10 PM logoTransAlta Co. (TAC) Sees Significant Decrease in Short Interest - May 2 at 7:14 AM logoTransAlta (TAC) Receiving Somewhat Positive Media Coverage, Report Shows - April 29 at 7:21 PM logoTransAlta (TAC) Receiving Somewhat Positive Press Coverage, Analysis Shows - April 26 at 7:34 PM logoTransAlta Co. (TAC) Given Average Rating of "Hold" by Brokerages - April 25 at 12:33 PM logoTransAlta (TAC) Receiving Positive Media Coverage, Analysis Shows - April 23 at 12:17 PM logoTransAlta Co. (TAC) Announces Quarterly Dividend of $0.03 - April 20 at 7:09 PM logoTransAlta Corp. – Value Analysis (NYSE:TAC) : April 19, 2017 - April 19 at 8:08 PM logoTransAlta Corp. breached its 50 day moving average in a Bearish Manner : TAC-US : April 18, 2017 - April 19 at 8:56 AM logoSouthern Company (SO) Announces Dividend Hike, Shares Up - April 18 at 8:55 AM logoSomewhat Positive Media Coverage Likely to Affect TransAlta (TAC) Stock Price - April 17 at 4:39 PM logoTransAlta Co. (TAC) Upgraded to "Strong-Buy" at Zacks Investment Research - April 15 at 7:19 AM logoTransAlta (TAC) Getting Somewhat Positive News Coverage, Report Shows - April 14 at 7:09 PM logoMedia Advisory: TransAlta Corporation Annual Meeting of Shareholders, First Quarter 2017 Results and Conference Call - April 7 at 11:29 PM logoTransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : April 7, 2017 - April 7 at 12:55 PM logoTransAlta Co. (TAC) Receives Consensus Rating of "Hold" from Brokerages - March 31 at 1:14 PM logoTransAlta Co. (TAC) Upgraded to C at TheStreet - March 12 at 8:36 AM logoTRANSALTA CORP Financials - March 9 at 8:04 PM logoDavid Lawrence Mowat Buys 235 Shares of TransAlta Co. (TA) Stock - March 8 at 10:47 AM logoTransAlta's (TAC) CEO Dawn Farrell on Q4 2016 Results - Earnings Call Transcript - March 3 at 8:07 PM logoTransAlta Reports Fourth Quarter and Full Year 2016 Results - March 3 at 8:07 PM logoEarnings Scheduled For March 3, 2017 - March 3 at 6:57 AM logoTAC Crosses Critical Technical Indicator - February 28 at 7:43 PM logoTransAlta downgraded by National Bank Financial - February 13 at 8:32 PM logoTransAlta Corporation Determines Not to Proceed with Preferred Share Exchange - Yahoo Finance - February 12 at 8:01 PM logo8:31 am TransAlta cancels cumulative redeemable minimum rate reset first preferred share exchange; special meeting of preferred shareholders cancelled - February 11 at 4:38 AM logoMedia Advisory: TransAlta Fourth Quarter and Full Year 2016 Results and Conference Call - February 3 at 6:08 AM logoTransAlta Announces Sale of Interest in Wintering Hills Facility - January 27 at 6:06 AM logoTRANSALTA CORPORATION - January 17 at 10:49 AM logoShould TransAlta (TAC) Be On Your Radar Now? - December 28 at 8:55 AM logoTransAlta Signs New Agreement for Mississauga Cogeneration Facility - December 23 at 1:14 AM logoTransalta Corp. (TAC) Declares $0.04 Quarterly Dividend; 2.9% Yield - - December 20 at 7:58 PM logoTransalta Corp. (TAC) Issues 2017 Outlook - - December 20 at 7:58 PM logoContrarian Investors: Is TransAlta Corporation a Top Turnaround Pick? - December 20 at 2:57 PM logoTransAlta vs. TransAlta Renewables: Which Utility Provides The Better Dividend? - December 20 at 2:57 PM logoTransAlta Declares Dividends - December 20 at 2:57 PM logoTransalta Corp. (TAC) to Exchange Preferred Shares - December 20 at 2:57 PM logoTransAlta Corporation Announces Preferred Share Exchange - December 20 at 2:57 PM logoTransAlta Corporation: Is it Finally Time to Own This Stock? - December 9 at 10:28 AM logoWhere Will TransAlta Corporation Go From Here? - December 2 at 11:18 AM



TransAlta (TAC) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by Staff