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TransAlta Stock Price, Forecast & Analysis (NYSE:TAC)

$6.49
0.00 (0.00 %)
(As of 11/12/2019 03:37 AM ET)
Today's Range
$6.46
Now: $6.49
$6.60
50-Day Range
$5.81
MA: $6.22
$6.64
52-Week Range
$3.99
Now: $6.49
$7.61
Volume187,532 shs
Average Volume147,689 shs
Market Capitalization$1.83 billion
P/E RatioN/A
Dividend Yield1.85%
Beta1.17
TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. It operates through eight segments: Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing, and Corporate. The company generates and markets electricity through various generation fuels, such as coal, natural gas, water, solar, and wind. Read More…

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$1.74 billion
Cash Flow$1.66 per share
Book Value$8.65 per share

Profitability

Net Income$-152,760,000.00

Miscellaneous

Employees1,883
Market Cap$1.83 billion
Next Earnings Date2/26/2020 (Estimated)
OptionableNot Optionable

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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 Wednesday, October 9th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.03 per share on Wednesday, January 1st. This represents a $0.12 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date of this dividend is Friday, November 29th. View TransAlta's Dividend History.

How were TransAlta's earnings last quarter?

TransAlta Co. (NYSE:TAC) released its quarterly earnings results on Friday, August, 9th. The utilities provider reported ($0.02) EPS for the quarter, beating the Zacks' consensus estimate of ($0.08) by $0.06. The utilities provider had revenue of $371.56 million for the quarter. TransAlta had a negative net margin of 9.91% and a negative return on equity of 6.16%. View TransAlta's Earnings History.

When is TransAlta's next earnings date?

TransAlta is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for TransAlta.

What price target have analysts set for TAC?

6 equities research analysts have issued 12 month price targets for TransAlta's stock. Their forecasts range from $9.50 to $11.00. On average, they expect TransAlta's share price to reach $10.17 in the next twelve months. This suggests a possible upside of 56.7% from the stock's current price. View Analyst Price Targets for TransAlta.

What is the consensus analysts' recommendation for TransAlta?

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

Has TransAlta been receiving favorable news coverage?

News coverage about TAC stock has been trending very negative on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TransAlta earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the utilities provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for TransAlta.

Are investors shorting TransAlta?

TransAlta saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,290,000 shares, an increase of 67.3% from the September 30th total of 771,300 shares. Based on an average daily trading volume, of 132,300 shares, the short-interest ratio is presently 9.8 days. Approximately 0.5% of the company's stock are short sold. View TransAlta's Current Options Chain.

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), Bristol-Myers Squibb (BMY), General Electric (GE), Restaurant Brands International (QSR), Suncor Energy (SU), Valhi (VHI), Hydro One (H), Kforce (KFRC) and Synergy Pharmaceuticals (SGYP).

Who are TransAlta's key executives?

TransAlta's management team includes the folowing people:
  • Ms. Dawn Lorraine Farrell, Pres, CEO & Director (Age 59)
  • Mr. Christophe Dehout, Chief Financial Officer
  • Mr. Brett M. Gellner, Chief Strategy & Investment Officer (Age 55)
  • Mr. John Harry Kousinioris, Chief Growth Officer (Age 54)
  • Mr. Wayne Alexander Collins BEng (Elect), BBus, CPEng, GAICD, Exec. Vice-Pres of Coal & Mining Operations

Who are TransAlta's major shareholders?

TransAlta's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include CIBC Asset Management Inc (5.94%), Hexavest Inc. (0.06%), ARP Americas LP (0.02%), Great West Life Assurance Co. Can (0.01%), Corient Capital Partners LLC (0.00%) and Tower Research Capital LLC TRC (0.00%). 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 Hexavest Inc., Great West Life Assurance Co. Can and ARP Americas LP. 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 CIBC Asset Management Inc, Corient Capital Partners LLC and Tower Research Capital LLC TRC . 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, Robinhood, Fidelity and Charles Schwab.

What is TransAlta's stock price today?

One share of TAC stock can currently be purchased for approximately $6.49.

How big of a company is TransAlta?

TransAlta has a market capitalization of $1.83 billion and generates $1.74 billion in revenue each year. The utilities provider earns $-152,760,000.00 in net income (profit) each year or ($0.53) on an earnings per share basis. TransAlta employs 1,883 workers across the globe.View Additional Information About TransAlta.

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 or via email at [email protected]


MarketBeat Community Rating for TransAlta (NYSE TAC)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  204 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  572
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 11/12/2019 by MarketBeat.com Staff

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