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.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryN/A
SectorUtilities
SymbolNYSE:TAC
CUSIPN/A
Phone403-267-7110
Debt
Debt-to-Equity Ratio0.94
Current Ratio1.60
Quick Ratio1.35
Price-To-Earnings
Trailing P/E Ratio-27.33
Forward P/E Ratio29.12
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.78 billion
Price / Sales0.80
Cash Flow$1.7069 per share
Price / Cash2.90
Book Value$9.23 per share
Price / Book0.54
Profitability
EPS (Most Recent Fiscal Year)($0.18)
Net Income$-123,420,000.00
Net Margins-4.55%
Return on Equity0.19%
Return on Assets0.07%
Miscellaneous
Employees2,228
Outstanding Shares287,730,000
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 Thursday, April 19th. Shareholders of record on Friday, June 1st will be paid a dividend of $0.031 per share on Tuesday, July 3rd. This represents a $0.12 annualized dividend and a yield of 2.51%. The ex-dividend date is Thursday, May 31st. View TransAlta's Dividend History.
How were TransAlta's earnings last quarter?
TransAlta (NYSE:TAC) posted its quarterly earnings data on Tuesday, May, 8th. The utilities provider reported $0.18 EPS for the quarter, topping the consensus estimate of $0.07 by $0.11. The utilities provider earned $465.20 million during the quarter, compared to analyst estimates of $476.51 million. TransAlta had a negative net margin of 4.55% and a positive return on equity of 0.19%. View TransAlta's Earnings History.
When is TransAlta's next earnings date?
Who are some of TransAlta's key competitors?
Some companies that are related to TransAlta include Brookfield Renewable Partners (BEP), Enel Chile (ENIC), CENTRAIS ELETRI/S (EBR), IDACORP (IDA), Algonquin Power & Utilities (AQN), Portland General Electric (POR), Hawaiian Electric Industries (HE), Black Hills (BKH), Pampa Energia (PAM), NRG Yield Inc Class C (NYLD), PNM Resources (PNM), Ormat Technologies (ORA), Nextera Energy Partners (NEP), El Paso Electric (EE) and CEMIG (CIG).
Who are TransAlta's key executives?
TransAlta's management team includes the folowing people:
- Ms. Dawn Lorraine Farrell, Pres, CEO & Director (Age 58)
- Mr. Donald Tremblay, Chief Financial Officer
- Mr. Brett M. Gellner, Chief Investment Officer (Age 54)
- Mr. John Harry Kousinioris, Chief Legal and Compliance Officer & Corp. Sec.
- Mr. Wayne Alexander Collins BEng (Elect), BBus, CPEng, GAICD, Exec. Vice-Pres of Coal & Mining Operations
Has TransAlta been receiving favorable news coverage?
News headlines about TAC stock have trended somewhat positive on Friday, according to Accern. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. TransAlta earned a news sentiment score of 0.22 on Accern's scale. They also gave news coverage about the utilities provider an impact score of 43.66 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are TransAlta's major shareholders?
TransAlta's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Royal Bank of Canada (13.10%), CIBC Asset Management Inc (6.70%), CIBC World Markets Inc. (3.56%), Scheer Rowlett & Associates Investment Management Ltd. (1.65%), Toronto Dominion Bank (1.28%) and Spark Investment Management LLC (0.40%). View Institutional Ownership Trends for TransAlta.
Which institutional investors are selling TransAlta stock?
TAC stock was sold by a variety of institutional investors in the last quarter, including Sentry Investments Corp., CIBC World Markets Inc., Toronto Dominion Bank, Legal & General Group Plc, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Allianz Asset Management GmbH, Allianz Asset Management GmbH and ARP Americas LP. View Insider Buying and Selling for TransAlta.
Which institutional investors are buying TransAlta stock?
TAC stock was acquired by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Scheer Rowlett & Associates Investment Management Ltd., Spark Investment Management LLC, CIBC Asset Management Inc, Ninepoint Partners LP, Quadrature Capital Ltd, JPMorgan Chase & Co. and Suntrust Banks Inc.. 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 $4.95.
How big of a company is TransAlta?
TransAlta has a market capitalization of $1.44 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 (TAC)
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.
