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

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$5.22 +0.04 (+0.77 %)
(As of 12/13/2018 04:00 PM ET)
Previous Close$5.18
Today's Range$5.18 - $5.22
52-Week Range$4.75 - $6.05
Volume24,300 shs
Average Volume28,471 shs
Market Capitalization$1.49 billion
P/E Ratio-29.00
Dividend Yield2.31%
Beta0.66
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

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

Debt

Debt-to-Equity Ratio0.91
Current Ratio1.62
Quick Ratio1.29

Price-To-Earnings

Trailing P/E Ratio-29.00
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.78 billion
Price / Sales0.84
Cash Flow$1.7228 per share
Price / Cash Flow3.03
Book Value$9.23 per share
Price / Book0.57

Profitability

EPS (Most Recent Fiscal Year)($0.18)
Net Income$-123,420,000.00
Net Margins-10.56%
Return on Equity-2.45%
Return on Assets-0.86%

Miscellaneous

Employees2,228
Outstanding Shares286,000,000
Market Cap$1.49 billion
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 dividend on Wednesday, October 10th. Stockholders of record on Monday, December 3rd will be given a dividend of $0.03 per share on Tuesday, January 1st. The ex-dividend date is Friday, November 30th. View TransAlta's Dividend History.

How were TransAlta's earnings last quarter?

TransAlta Co. (NYSE:TAC) posted its quarterly earnings data on Wednesday, October, 31st. The utilities provider reported ($0.13) earnings per share (EPS) for the quarter. The utilities provider earned $453.76 million during the quarter. TransAlta had a negative return on equity of 2.45% and a negative net margin of 10.56%. View TransAlta's Earnings History.

When is TransAlta's next earnings date?

TransAlta is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. 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.

Has TransAlta been receiving favorable news coverage?

Media coverage about TAC stock has trended somewhat positive this week, InfoTrie reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TransAlta earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media stories about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.

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 Strategy & Investment Officer and Interim CFO (Age 54)
  • Ms. Dawn E. de Lima, Chief Officer of Bus. & Operational Services
  • Mr. John Harry Kousinioris, Chief Growth Officer (Age 53)
  • Ms. Sally Taylor, Mang., Investor Relations

Who are TransAlta's major shareholders?

TransAlta's stock is owned by a number of of institutional and retail investors. Top institutional investors include CIBC Asset Management Inc (6.08%), Vanguard Group Inc. (2.50%), Vanguard Group Inc (2.50%), Canada Pension Plan Investment Board (2.00%), TD Asset Management Inc. (1.94%) and Mackenzie Financial Corp (1.94%). 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 World Markets Inc., Credit Suisse AG, Man Group plc, CIBC Asset Management Inc, TD Asset Management Inc., Acadian Asset Management LLC, Connor Clark & Lunn Investment Management Ltd. and Scheer Rowlett & Associates Investment Management Ltd.. View Insider Buying and Selling for TransAlta.

Which major investors are buying TransAlta stock?

TAC stock was bought by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Hexavest Inc., Toronto Dominion Bank, Intact Investment Management Inc., Vanguard Group Inc, Vanguard Group Inc., Renaissance Technologies LLC and Morgan Stanley. 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 $5.22.

How big of a company is TransAlta?

TransAlta has a market capitalization of $1.49 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:  170 (Vote Outperform)
Underperform Votes:  311 (Vote Underperform)
Total Votes:  481
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 12/13/2018 by MarketBeat.com Staff

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