About TransAlta (NYSE:TAC)
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
Phone1-403-267-2520
Debt
Debt-to-Equity Ratio0.86%
Current Ratio1.06%
Quick Ratio0.93%
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.78 billion
Price / Sales0.84
Cash Flow$1.6883 per share
Price / Cash3.08
Book Value$9.23 per share
Price / Book0.56
Profitability
EPS (Most Recent Fiscal Year)($0.18)
Net Income$-123,420,000.00
Net Margins-7.95%
Return on Equity-1.97%
Return on Assets-0.67%
Miscellaneous
Employees2,341
Outstanding Shares287,900,000
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. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend is Thursday, May 31st. View TransAlta's Dividend History.
How were TransAlta's earnings last quarter?
TransAlta (NYSE:TAC) posted its quarterly earnings results on Thursday, March, 1st. The utilities provider reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.01 by $0.11. The utilities provider had revenue of $502.38 million for the quarter, compared to analysts' expectations of $484.04 million. TransAlta had a negative net margin of 7.95% and a negative return on equity of 1.97%. 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), Idacorp (IDA), Algonquin Power & Utilities (AQN), Pampa Energía (PAM), Hawaiian Electric Industries (HE), Portland General Electric (POR), NRG Yield (NYLD), PNM Resources (PNM), CEMIG (CIG), Ormat Technologies (ORA), Black Hills (BKH), Edenor (EDN), Central Puerto (CEPU), NextEra Energy Partners (NEP) and Atlantica Yield (AY).
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 coverage about TAC stock has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. TransAlta earned a media sentiment score of 0.18 on Accern's scale. They also assigned news stories about the utilities provider an impact score of 46.03 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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 $5.20.
How big of a company is TransAlta?
TransAlta has a market capitalization of $1.53 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 2,341 workers across the globe.
How can I contact TransAlta?
TransAlta's mailing address is 110 12TH AVE SW BOX 1900 STATION M ALBERTA, CALGARY A0, T2P2M1. The utilities provider can be reached via phone at 1-403-267-2520.
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.
TransAlta (NYSE:TAC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
1 Wall Street analysts have issued ratings and price targets for TransAlta in the last 12 months. There are currently 1 buy rating for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Hold | Hold |
| Consensus Rating Score: | 3.00 | 3.00 | 2.00 | 2.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | N/A | N/A | N/A | $7.00 |
| Price Target Upside: | N/A | N/A | N/A | 16.67% upside |
TransAlta (NYSE:TAC) Consensus Price Target History
TransAlta (NYSE:TAC) Analyst Ratings History
Show:
(Data available from 4/25/2016 forward)
TransAlta (NYSE:TAC) Dividend Information
TransAlta pays an annual dividend of $0.12 per share, with a dividend yield of 2.31%. TAC's next quarterly dividend payment will be made on Tuesday, July 3. TransAlta pays out -66.67% of its earnings out as a dividend.
| Next Dividend: | 7/3/2018 |
| Annual Dividend: | $0.12 |
| Dividend Yield: | 2.31% |
| Dividend Growth: | -45.80% (3 Year Average) |
| Payout Ratio: | -66.67% (Trailing 12 Months of Earnings)
100.00% (Based on This Year's Estimates)
-1,200.00% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
TransAlta (NYSE:TAC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/19/2018 | Quarterly | $0.0310 | 2.34% | 5/31/2018 | 6/1/2018 | 7/3/2018 |
| 2/5/2018 | quarterly | $0.0324 | 2.47% | 2/28/2018 | 3/1/2018 | 4/1/2018 |
| 10/30/2017 | Quarterly | $0.0310 | 2.12% | 11/30/2017 | 12/1/2017 | 1/1/2018 |
| 7/19/2017 | quarterly | $0.0314 | 1.92% | 8/30/2017 | 9/1/2017 | 10/1/2017 |
| 4/20/2017 | quarterly | $0.03 | 2.27% | 5/30/2017 | 6/1/2017 | 7/1/2017 |
| 12/20/2016 | quarterly | $0.0301 | 2.21% | 2/27/2017 | 3/1/2017 | 4/1/2017 |
| 10/18/2016 | quarterly | $0.0301 | 2.64% | 11/29/2016 | 12/1/2016 | 1/1/2017 |
| 7/20/2016 | quarterly | $0.0310 | 2.66% | 8/30/2016 | 9/1/2016 | 10/1/2016 |
| 4/22/2016 | quarterly | $0.0313 | 2.52% | 5/27/2016 | 6/1/2016 | 7/1/2016 |
| 2/18/2016 | quarterly | $0.0289 | 2.82% | 2/26/2016 | 3/1/2016 | 4/1/2016 |
| 10/30/2015 | quarterly | $0.1369 | 11.8% | 11/27/2015 | 12/1/2015 | 1/1/2016 |
| 7/22/2015 | quarterly | $0.1389 | 7.93% | 8/28/2015 | 9/1/2015 | 10/1/2015 |
| 4/29/2015 | quarterly | $0.1482 | 5.86% | 5/28/2015 | 6/1/2015 | 7/1/2015 |
| 1/26/2015 | quarterly | $0.18 | | 2/26/2015 | 3/2/2015 | 4/1/2015 |
| 10/29/2014 | | $0.1610 | | 11/26/2014 | 12/1/2014 | 1/1/2015 |
| 7/23/2014 | quarterly | $0.1673 | 5.64% | 8/27/2014 | 8/29/2014 | 10/1/2014 |
| 4/29/2014 | quarterly | $0.1632 | 5.39% | 5/28/2014 | 5/30/2014 | 7/1/2014 |
| 2/21/2014 | quarterly | $0.1642 | 5.39% | 2/28/2014 | 3/4/2014 | 4/1/2014 |
| 10/30/2013 | | $0.2768 | | 11/26/2013 | 11/29/2013 | 1/1/2014 |
| 10/30/2013 | quarterly | $0.29 | 8.24% | 11/26/2013 | 11/29/2013 | 1/1/2014 |
| 7/24/2013 | quarterly | $0.2795 | 7.71% | 8/28/2013 | 8/30/2013 | 10/1/2013 |
| 4/24/2013 | quarterly | $0.2827 | 8.46% | 5/29/2013 | 5/31/2013 | 7/1/2013 |
| 1/29/2013 | quarterly | $0.2902 | 7.08% | 2/27/2013 | 3/1/2013 | 4/1/2013 |
(Data available from 1/1/2013 forward)
TransAlta (NYSE TAC) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 53.70%
TransAlta (NYSE TAC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 11/22/2017 | Clive Massey | Director | Sell | 10,000 | $0.41 | $4,100.00 | | |
(Data available from 1/1/2013 forward)
TransAlta (NYSE TAC) News Headlines
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TransAlta (NYSE:TAC) SEC Filings
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TransAlta (NYSE:TAC) Income Statement, Balance Sheet and Cash Flow Statement
TransAlta (NYSE TAC) Stock Chart for Wednesday, April, 25, 2018
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