TransAlta Corporation Company Profile (NYSE:TAC)

About TransAlta Corporation (NYSE:TAC)

TransAlta Corporation 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: Renewable Utilities
  • Sub-Industry: N/A
  • Symbol: NYSE:TAC
  • CUSIP: N/A
  • Web: www.transalta.com
Capitalization:
  • Market Cap: $1.7346 billion
  • Outstanding Shares: 287,899,000
Average Prices:
  • 50 Day Moving Avg: $6.27
  • 200 Day Moving Avg: $5.85
  • 52 Week Range: $3.75 - $6.60
P/E:
  • Trailing P/E Ratio: 70.882
  • Foreward P/E Ratio: 300.00
  • P/E Growth: -1.750
Sales & Book Value:
  • Annual Revenue: $1.93 billion
  • Price / Sales: 0.90
  • Book Value: $7.03 per share
  • Price / Book: 0.85
Dividend:
  • Annual Dividend: $0.13
  • Dividend Yield: 2.1%
Profitability:
  • EBIDTA: $735.08 million
  • Net Margins: 1.67%
  • Return on Equity: 1.00%
  • Return on Assets: 0.34%
Debt:
  • Debt-to-Equity Ratio: 0.78%
  • Current Ratio: 0.83%
  • Quick Ratio: 0.66%
Misc:
  • Average Volume: 26,838 shs.
  • Beta: 0.72
  • Short Ratio: 16.85
 

Frequently Asked Questions for TransAlta Corporation (NYSE:TAC)

What is TransAlta Corporation's stock symbol?

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

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

TransAlta Corporation declared a quarterly dividend on Wednesday, July 19th. Investors of record on Friday, September 1st will be given a dividend of $0.0314 per share on Sunday, October 1st. This represents a $0.13 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend is Wednesday, August 30th. This is a positive change from TransAlta Corporation's previous quarterly dividend of $0.03. View TransAlta Corporation's Dividend History.

How were TransAlta Corporation's earnings last quarter?

TransAlta Corporation (NYSE:TAC) released its quarterly earnings data on Friday, October, 30th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.06 by $0.28. The firm earned $490.62 million during the quarter. TransAlta Corporation had a net margin of 1.67% and a return on equity of 1.00%. View TransAlta Corporation's Earnings History.

When will TransAlta Corporation make its next earnings announcement?

TransAlta Corporation is scheduled to release their next quarterly earnings announcement on Friday, November, 3rd 2017. View Earnings Estimates for TransAlta Corporation.

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

4 analysts have issued 1 year price targets for TransAlta Corporation's shares. Their forecasts range from $6.00 to $8.00. On average, they expect TransAlta Corporation's stock price to reach $7.00 in the next twelve months. View Analyst Ratings for TransAlta Corporation.

Who are some of TransAlta Corporation's key competitors?

Who are TransAlta Corporation's key executives?

TransAlta Corporation's management team includes the folowing people:

  • Gordon D. Giffin J.D., Independent Chairman of the Board
  • Dawn Lorraine Farrell, President, Chief Executive Officer, Non-Independent Director
  • Donald Tremblay, Chief Financial Officer
  • Wayne A. Collins, Executive Vice President - Coal and Mining Operations
  • Jennifer M. Pierce, Senior Vice President - Trading and Marketing
  • Aron J. Willis, Senior Vice President - Gas and Renewables
  • Dawn E. de Lima, Chief Administrative Officer
  • Brett M. Gellner, Chief Investment Officer
  • John Harry Kousinioris, Chief Legal and Compliance Officer, Corporate Secretary
  • Todd John Stack, Managing Director, Corporate Controller

Who owns TransAlta Corporation stock?

TransAlta Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Royal Bank of Canada (8.25%), CIBC Asset Management Inc (6.13%), TD Asset Management Inc. (3.03%), Vanguard Group Inc. (2.03%), Goldman Sachs Group Inc. (1.14%) and Canada Pension Plan Investment Board (0.98%). View Institutional Ownership Trends for TransAlta Corporation.

Who sold TransAlta Corporation stock? Who is selling TransAlta Corporation stock?

TransAlta Corporation's stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, The Manufacturers Life Insurance Company , Russell Investments Group Ltd., Intact Investment Management Inc., TD Asset Management Inc., Public Sector Pension investment Board, Legal & General Group Plc and Citigroup Inc.. View Insider Buying and Selling for TransAlta Corporation.

Who bought TransAlta Corporation stock? Who is buying TransAlta Corporation stock?

TransAlta Corporation's stock was purchased by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Goldman Sachs Group Inc., Sentry Investments Corp., Bank of Nova Scotia, Canada Pension Plan Investment Board, Vanguard Group Inc., Sprott Inc. and Advisors Asset Management Inc.. View Insider Buying and Selling for TransAlta Corporation.

How do I buy TransAlta Corporation stock?

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

What is TransAlta Corporation's stock price today?

One share of TransAlta Corporation stock can currently be purchased for approximately $6.00.


MarketBeat Community Rating for TransAlta Corporation (NYSE TAC)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  94 (Vote Outperform)
Underperform Votes:  205 (Vote Underperform)
Total Votes:  299
MarketBeat's community ratings are surveys of what our community members think about TransAlta Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for TransAlta Corporation (NYSE:TAC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $7.00 (16.67% upside)

Analysts' Ratings History for TransAlta Corporation (NYSE:TAC)
Show:
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 GroupDowngradeNeutral -> UnderperformN/AView Rating Details
(Data available from 9/20/2015 forward)

Earnings

Earnings History for TransAlta Corporation (NYSE:TAC)
Earnings by Quarter for TransAlta Corporation (NYSE:TAC)
Earnings History by Quarter for TransAlta Corporation (NYSE TAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2017        
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)

Estimates

Earnings Estimates for TransAlta Corporation (NYSE:TAC)
Current Year EPS Consensus Estimate: $-0.07 EPS
Next Year EPS Consensus Estimate: $0.02 EPS

Dividends

Current Dividend Information for TransAlta Corporation (NYSE:TAC)
Next Dividend:10/1/2017
Annual Dividend:$0.13
Dividend Yield:2.17%
Dividend Growth:-40.90% (3 Year Average)
Payout Ratio:144.46% (Trailing 12 Months of Earnings)
-185.71% (Based on This Year's Estimates)
650.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for TransAlta Corporation (NYSE:TAC)

Dividend History by Quarter for TransAlta Corporation (NYSE TAC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/19/2017quarterly$0.031.92%8/30/20179/1/201710/1/2017
4/20/2017quarterly$0.032.27%5/30/20176/1/20177/1/2017
12/20/2016quarterly$0.032.21%2/27/20173/1/20174/1/2017
10/18/2016quarterly$0.032.64%11/29/201612/1/20161/1/2017
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 Corporation (NYSE:TAC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for TransAlta Corporation (NYSE:TAC)
Latest Headlines for TransAlta Corporation (NYSE:TAC)
Source:
DateHeadline
americanbankingnews.com logo Brokerages Anticipate TransAlta Corporation (TAC) Will Announce Earnings of $0.03 Per Share
www.americanbankingnews.com - September 19 at 2:28 PM
finance.yahoo.com logoTransAlta Announces Conversion Results for Series E Preferred Shares
finance.yahoo.com - September 18 at 7:04 AM
fool.ca logoShould You Buy TransAlta Corporation Today?
www.fool.ca - September 16 at 9:20 AM
finance.yahoo.com logoTransAlta Corp. breached its 50 day moving average in a Bearish Manner : TAC-US : September 12, 2017
finance.yahoo.com - September 13 at 9:50 AM
thestreet.com logoTransAlta Reaches Analyst Target Price
www.thestreet.com - September 9 at 9:09 AM
fool.ca logoBargains or Busts: 2 Companies Trading at Big Discounts
www.fool.ca - September 1 at 9:29 AM
finance.yahoo.com logoTransAlta Corporation Provides Notice of Series E Preferred Shares Conversion Right and Announces Reset Dividend Rates
finance.yahoo.com - September 1 at 9:29 AM
americanbankingnews.com logoTransAlta Corporation (TAC) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - August 30 at 2:32 PM
nasdaq.com logoTransAlta Corporation (TAC) Ex-Dividend Date Scheduled for August 30, 2017 - Nasdaq
www.nasdaq.com - August 30 at 9:54 AM
seekingalpha.com logoTransAlta: Q2 Inline, Guidance Lowered
seekingalpha.com - August 27 at 7:22 AM
finance.yahoo.com logoTransAlta Corp. – Value Analysis (NYSE:TAC) : August 24, 2017
finance.yahoo.com - August 24 at 6:43 PM
americanbankingnews.com logoTransAlta Corporation (TAC) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - August 21 at 9:48 PM
americanbankingnews.com logoTransAlta Corporation (TAC) Downgraded by BidaskClub
www.americanbankingnews.com - August 16 at 1:46 PM
americanbankingnews.com logoTransAlta Corporation (TAC) and Comp En De Mn Cemig ADS (CIG) Head to Head Comparison
www.americanbankingnews.com - August 16 at 9:42 AM
finance.yahoo.com logoTransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : August 15, 2017
finance.yahoo.com - August 16 at 7:57 AM
americanbankingnews.com logoTransAlta Corporation (TAC) Upgraded at Zacks Investment Research
www.americanbankingnews.com - August 15 at 3:00 PM
finance.yahoo.com logoTransAlta (TAC) Q2 Loss in Line with Estimates, Revises View
finance.yahoo.com - August 12 at 8:17 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about TransAlta Corp.
finance.yahoo.com - August 11 at 2:26 AM
finance.yahoo.com logoTransAlta Reports Second Quarter 2017 Results and Revised 2017 Outlook
finance.yahoo.com - August 10 at 8:28 AM
finance.yahoo.com logoTransAlta reports 2Q loss
finance.yahoo.com - August 10 at 8:28 AM
americanbankingnews.com logoTransAlta Corporation (NYSE:TAC) Upgraded to Buy at BidaskClub
www.americanbankingnews.com - August 8 at 1:58 PM
americanbankingnews.com logoTransAlta Corporation (NYSE:TAC) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 5 at 2:38 PM
americanbankingnews.com logoTransAlta Corporation (TAC) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - August 2 at 8:40 AM
americanbankingnews.com logoTransAlta Corporation (NYSE:TAC) Declares Dividend Increase - $0.03 Per Share
www.americanbankingnews.com - July 19 at 4:57 PM
americanbankingnews.com logoTransAlta Corporation (NYSE:TAC) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - July 18 at 11:35 AM
finance.yahoo.com logoTransAlta Appoints the Honourable Rona Ambrose to its Board of Directors
finance.yahoo.com - July 14 at 8:58 AM
americanbankingnews.com logoTransAlta Corporation (TAC) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 11 at 2:12 PM
finance.yahoo.com logoTransAlta Comments on the Balancing Pools Announcement Regarding the Consultation Process Initiation
finance.yahoo.com - July 6 at 11:54 AM
americanbankingnews.com logoCritical Review: 8point3 Energy Partners (CAFD) & TransAlta Corporation (NYSE:TAC)
www.americanbankingnews.com - July 5 at 12:22 AM
americanbankingnews.com logoTransAlta Corporation (TAC) Rating Increased to Buy at BidaskClub
www.americanbankingnews.com - July 1 at 3:42 PM
seekingalpha.com logoTransAlta Is Undervalued And Getting Paid For Coal Shutdowns
seekingalpha.com - June 17 at 9:57 PM
americanbankingnews.com logoTransAlta Corporation (TAC) Short Interest Down 38.9% in May
www.americanbankingnews.com - June 17 at 7:10 AM
finance.yahoo.com logoTransAlta Announces Conversion Results for Series C Preferred Shares
finance.yahoo.com - June 17 at 6:31 AM
americanbankingnews.com logoTransAlta Corporation (TAC) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - June 16 at 12:50 PM
finance.yahoo.com logoHere's How Green Sausages Get Made In The Swamp — It Isn't Very Pretty
finance.yahoo.com - June 13 at 8:13 PM
americanbankingnews.com logoTerraForm Global (GLBL) and TransAlta (TAC) Financial Contrast
www.americanbankingnews.com - June 11 at 12:16 AM
americanbankingnews.com logoTransAlta (TAC) and TerraForm Global (GLBL) Head-To-Head Contrast
www.americanbankingnews.com - June 9 at 12:10 AM
americanbankingnews.com logoFinancial Contrast: TerraForm Power (TERP) versus TransAlta (TAC)
www.americanbankingnews.com - June 6 at 10:06 PM
finance.yahoo.com logoTransAlta Corporation Provides Notice of Series C Preferred Shares Conversion Right and Announces Reset Dividend Rates
finance.yahoo.com - May 31 at 8:14 PM
finance.yahoo.com logoTransAlta Corp. : TAC-US: Dividend Analysis : June 01st, 2017 (record date) : By the numbers : May 31, 2017
finance.yahoo.com - May 31 at 12:09 PM
americanbankingnews.com logoTransAlta Co. (TAC) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - May 22 at 12:24 PM
finance.yahoo.com logoTransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : May 22, 2017
finance.yahoo.com - May 22 at 8:42 AM
finance.yahoo.com logoETFs with exposure to TransAlta Corp. : May 15, 2017
finance.yahoo.com - May 15 at 7:20 PM
americanbankingnews.com logoTransAlta Co. (TAC) Downgraded to "Strong Sell" at Zacks Investment Research
www.americanbankingnews.com - May 12 at 7:30 AM
americanbankingnews.com logoTransAlta Co. (TAC) Forecasted to Earn FY2017 Earnings of $0.02 Per Share
www.americanbankingnews.com - May 11 at 10:36 AM
finance.yahoo.com logoTransAlta Corp. :TAC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 11 at 1:49 AM
americanbankingnews.com logoTransAlta Co. (TAC) Rating Lowered to D+ at TheStreet
www.americanbankingnews.com - May 9 at 3:16 PM
americanbankingnews.com logoTransAlta Co. (TAC) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - May 6 at 7:34 AM
finance.yahoo.com logoTransAlta Reports First Quarter 2017 Results
finance.yahoo.com - May 5 at 11:27 PM
finance.yahoo.com logoTransAlta posts 1Q profit
finance.yahoo.com - May 5 at 11:27 PM

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Chart

TransAlta Corporation (TAC) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff