TransAlta 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: Diversified Utilities
- Sub-Industry: N/A
- Symbol: NYSE:TAC
- CUSIP: N/A
- Web: www.transalta.com
Capitalization:- Market Cap: $1.62 billion
- Outstanding Shares: 287,899,000
Average Prices:- 50 Day Moving Avg: $5.35
- 200 Day Moving Avg: $5.41
- 52 Week Range: $3.75 - $6.25
P/E:- Trailing P/E Ratio: 39.821
- Foreward P/E Ratio: 43.27
- P/E Growth: 9.330
Sales & Book Value:- Annual Revenue: $1.77 billion
- Price / Sales: 0.91
- Book Value: $6.62 per share
- Price / Book: 0.85
Dividend:- Annual Dividend: $0.12
- Dividend Yield: 2.2%
Profitability:- EBIDTA: $664.41 million
- Net Margins: 2.06%
- Return on Equity: 0.56%
- Return on Assets: 0.19%
Debt:- Debt-to-Equity Ratio: 0.98%
- Current Ratio: 0.94%
- Quick Ratio: 0.77%
Misc:- Average Volume: 44,237 shs.
- Beta: 0.74
- Short Ratio: 27.6
Frequently Asked Questions for TransAlta (NYSE:TAC)
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 quarterly dividend on Thursday, April 20th. Investors of record on Thursday, June 1st will be paid a dividend of $0.03 per share on Saturday, July 1st. This represents a $0.12 annualized dividend and a yield of 2.13%. The ex-dividend date is Tuesday, May 30th. View TransAlta's Dividend History.
How were TransAlta's earnings last quarter?
TransAlta Co. (NYSE:TAC) posted its earnings results on Friday, October, 30th. The company reported $0.34 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.06 by $0.28. The business earned $490.62 million during the quarter. TransAlta had a return on equity of 0.56% and a net margin of 2.06%. View TransAlta's Earnings History.
Where is TransAlta's stock going? Where will TransAlta's stock price be in 2017?
4 brokerages have issued 12-month target prices for TransAlta's shares. Their predictions range from $6.00 to $8.00. On average, they expect TransAlta's stock price to reach $7.00 in the next year. View Analyst Ratings for TransAlta.
Are investors shorting TransAlta?
TransAlta saw a decline in short interest in the month of April. As of April 13th, there was short interest totalling 877,577 shares, a decline of 34.4% from the March 31st total of 1,338,450 shares. Based on an average daily trading volume, of 50,588 shares, the days-to-cover ratio is presently 17.3 days. Currently, 0.3% of the shares of the stock are short sold.
Who are some of TransAlta's key competitors?
Some companies that are related to TransAlta include PNM Resources (PNM), NorthWestern Corp (NWE), Avista Corp (AVA), Pattern Energy Group (PEGI), Cosan Ltd (CZZ), Nextera Energy Partners LP (NEP), Otter Tail (OTTR), TerraForm Power (TERP), Just Energy Group (JE), Unitil (UTL), TerraForm Global (GLBL), 8Point3 Energy Partners LP (CAFD), Sky Solar Holdings Ltd (SKYS), FuelCell Energy (FCEL) and Talen Energy Corp (TLN).
Who owns TransAlta stock?
TransAlta's stock is owned by a number of of retail and institutional investors. Top institutional investors include Brookfield Asset Management Inc. (4.87%), TD Asset Management Inc. (3.12%), Credit Suisse AG (3.00%), Vanguard Group Inc. (1.93%), Mackenzie Financial Corp (1.56%) and Canada Pension Plan Investment Board (0.88%). View Institutional Ownership Trends for TransAlta.
Who sold TransAlta stock? Who is selling TransAlta stock?
TransAlta's stock was sold by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Morgan Stanley, Bank of America Corp DE, Renaissance Technologies LLC, Mackenzie Financial Corp, Russell Investments Group Ltd., Advisors Asset Management Inc. and UBS Group AG. View Insider Buying and Selling for TransAlta.
Who bought TransAlta stock? Who is buying TransAlta stock?
TransAlta's stock was bought by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, TD Asset Management Inc., James Investment Research Inc., Vanguard Group Inc., Canada Pension Plan Investment Board, Karp Capital Management Corp, Goldman Sachs Group Inc. and ING Groep NV. View Insider Buying and Selling for TransAlta.
How do I buy TransAlta stock?
Shares of TransAlta can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of TransAlta stock cost?
One share of TransAlta stock can currently be purchased for approximately $5.63.
Earnings History for TransAlta (NYSE:TAC)Earnings History by Quarter for TransAlta (NYSE:TAC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/30/2015 | Q3 | $0.06 | $0.34 | | $490.62 million | View | Listen |  |
| 7/29/2015 | Q215 | ($0.02) | ($0.16) | $491.00 million | $438.00 million | View | Listen | |
| 4/28/2015 | Q115 | $0.03 | $0.09 | $775.00 million | $593.00 million | View | N/A | |
| 2/19/2015 | Q414 | $0.11 | $0.13 | | $578.26 million | View | N/A | |
| 10/30/2014 | | $0.10 | ($0.05) | | $572.42 million | View | N/A | |
| 7/30/2014 | Q214 | $0.04 | ($0.04) | $518.00 million | $453.77 million | View | N/A | |
| 4/29/2014 | | $0.10 | $0.17 | | $703.67 million | View | N/A | |
| 10/31/2013 | | $0.13 | $0.14 | | | View | N/A | |
| 7/30/2013 | | $0.15 | $0.03 | | | View | N/A | |
| 2/27/2013 | Q412 | $0.28 | $0.21 | $608.00 million | $661.00 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for TransAlta (NYSE:TAC)Current Year EPS Consensus Estimate: $0.030 EPS
Next Year EPS Consensus Estimate: $0.130 EPS
Current Dividend Information for TransAlta (NYSE:TAC)| Next Dividend: | 7/1/2017 |
| Annual Dividend: | $0.12 |
| Dividend Yield: | 2.13% |
| Dividend Growth: | -40.90% (3 Year Average) |
| Payout Ratio: | 85.72% (Trailing 12 Months of Earnings)
400.00% (Based on This Year's Estimates)
92.31% (Based on Next Year's Estimates)
|
Dividend History by Quarter for TransAlta (NYSE:TAC)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/20/2017 | quarterly | $0.03 | 2.27% | 5/30/2017 | 6/1/2017 | 7/1/2017 |
| 12/20/2016 | quarterly | $0.03 | 2.21% | 2/27/2017 | 3/1/2017 | 4/1/2017 |
| 10/18/2016 | quarterly | $0.03 | 2.64% | 11/29/2016 | 12/1/2016 | 1/1/2017 |
| 7/20/2016 | quarterly | $0.03 | 2.66% | 8/30/2016 | 9/1/2016 | 10/1/2016 |
| 4/22/2016 | quarterly | $0.03 | 2.52% | 5/27/2016 | 6/1/2016 | 7/1/2016 |
| 2/18/2016 | quarterly | $0.03 | 2.82% | 2/26/2016 | 3/1/2016 | 4/1/2016 |
| 10/30/2015 | quarterly | $0.14 | 11.8% | 11/27/2015 | 12/1/2015 | 1/1/2016 |
| 7/22/2015 | quarterly | $0.14 | 7.93% | 8/28/2015 | 9/1/2015 | 10/1/2015 |
| 4/29/2015 | quarterly | $0.15 | 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 | | $0.16 | | 11/26/2014 | 12/1/2014 | 1/1/2015 |
| 7/23/2014 | quarterly | $0.17 | 5.64% | 8/27/2014 | 8/29/2014 | 10/1/2014 |
| 4/29/2014 | quarterly | $0.16 | 5.39% | 5/28/2014 | 5/30/2014 | 7/1/2014 |
| 2/21/2014 | quarterly | $0.16 | 5.39% | 2/28/2014 | 3/4/2014 | 4/1/2014 |
| 10/30/2013 | | $0.28 | | 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 | $0.28 | 7.71% | 8/28/2013 | 8/30/2013 | 10/1/2013 |
| 4/24/2013 | quarterly | $0.28 | 8.46% | 5/29/2013 | 5/31/2013 | 7/1/2013 |
| 1/29/2013 | quarterly | $0.29 | 7.08% | 2/27/2013 | 3/1/2013 | 4/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for TransAlta (NYSE:TAC)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for TransAlta (NYSE:TAC)
Latest Headlines for TransAlta (NYSE:TAC)
| Source: |
|
| Date | Headline |
|---|
 | TransAlta Co. (TAC) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - May 22 at 12:24 PM |
 | TransAlta 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 |
| ETFs with exposure to TransAlta Corp. : May 15, 2017
finance.yahoo.com - May 15 at 7:20 PM |
| TransAlta Co. (TAC) Downgraded to "Strong Sell" at Zacks Investment Research
www.americanbankingnews.com - May 12 at 7:30 AM |
| TransAlta Co. (TAC) Forecasted to Earn FY2017 Earnings of $0.02 Per Share
www.americanbankingnews.com - May 11 at 10:36 AM |
| TransAlta Corp. :TAC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 11 at 1:49 AM |
| TransAlta Co. (TAC) Rating Lowered to D+ at TheStreet
www.americanbankingnews.com - May 9 at 3:16 PM |
| TransAlta Co. (TAC) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - May 6 at 7:34 AM |
| TransAlta Reports First Quarter 2017 Results
finance.yahoo.com - May 5 at 11:27 PM |
| TransAlta posts 1Q profit
finance.yahoo.com - May 5 at 11:27 PM |
| Favorable Press Coverage Somewhat Likely to Impact TransAlta (TAC) Share Price
www.americanbankingnews.com - May 2 at 8:10 PM |
| TransAlta Co. (TAC) Sees Significant Decrease in Short Interest
www.americanbankingnews.com - May 2 at 7:14 AM |
| TransAlta (TAC) Receiving Somewhat Positive Media Coverage, Report Shows
www.americanbankingnews.com - April 29 at 7:21 PM |
| TransAlta (TAC) Receiving Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 26 at 7:34 PM |
| TransAlta Co. (TAC) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 25 at 12:33 PM |
| TransAlta (TAC) Receiving Positive Media Coverage, Analysis Shows
www.americanbankingnews.com - April 23 at 12:17 PM |
| TransAlta Co. (TAC) Announces Quarterly Dividend of $0.03
www.americanbankingnews.com - April 20 at 7:09 PM |
| TransAlta Corp. – Value Analysis (NYSE:TAC) : April 19, 2017
finance.yahoo.com - April 19 at 8:08 PM |
| TransAlta Corp. breached its 50 day moving average in a Bearish Manner : TAC-US : April 18, 2017
finance.yahoo.com - April 19 at 8:56 AM |
| Southern Company (SO) Announces Dividend Hike, Shares Up
finance.yahoo.com - April 18 at 8:55 AM |
| Somewhat Positive Media Coverage Likely to Affect TransAlta (TAC) Stock Price
www.americanbankingnews.com - April 17 at 4:39 PM |
| TransAlta Co. (TAC) Upgraded to "Strong-Buy" at Zacks Investment Research
www.americanbankingnews.com - April 15 at 7:19 AM |
| TransAlta (TAC) Getting Somewhat Positive News Coverage, Report Shows
www.americanbankingnews.com - April 14 at 7:09 PM |
| Media Advisory: TransAlta Corporation Annual Meeting of Shareholders, First Quarter 2017 Results and Conference Call
finance.yahoo.com - April 7 at 11:29 PM |
| TransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : April 7, 2017
finance.yahoo.com - April 7 at 12:55 PM |
| TransAlta Co. (TAC) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - March 31 at 1:14 PM |
| TransAlta Co. (TAC) Upgraded to C at TheStreet
www.americanbankingnews.com - March 12 at 8:36 AM |
| TRANSALTA CORP Financials
finance.yahoo.com - March 9 at 8:04 PM |
| David Lawrence Mowat Buys 235 Shares of TransAlta Co. (TA) Stock
www.americanbankingnews.com - March 8 at 10:47 AM |
 | TransAlta's (TAC) CEO Dawn Farrell on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 3 at 8:07 PM |
 | TransAlta Reports Fourth Quarter and Full Year 2016 Results
us.rd.yahoo.com - March 3 at 8:07 PM |
 | Earnings Scheduled For March 3, 2017
feeds.benzinga.com - March 3 at 6:57 AM |
 | TAC Crosses Critical Technical Indicator
www.nasdaq.com - February 28 at 7:43 PM |
| TransAlta downgraded by National Bank Financial
finance.yahoo.com - February 13 at 8:32 PM |
| TransAlta Corporation Determines Not to Proceed with Preferred Share Exchange - Yahoo Finance
finance.yahoo.com - February 12 at 8:01 PM |
| 8:31 am TransAlta cancels cumulative redeemable minimum rate reset first preferred share exchange; special meeting of preferred shareholders cancelled
finance.yahoo.com - February 11 at 4:38 AM |
| Media Advisory: TransAlta Fourth Quarter and Full Year 2016 Results and Conference Call
finance.yahoo.com - February 3 at 6:08 AM |
| TransAlta Announces Sale of Interest in Wintering Hills Facility
finance.yahoo.com - January 27 at 6:06 AM |
 | TRANSALTA CORPORATION
www.finanznachrichten.de - January 17 at 10:49 AM |
 | Should TransAlta (TAC) Be On Your Radar Now?
www.zacks.com - December 28 at 8:55 AM |
 | TransAlta Signs New Agreement for Mississauga Cogeneration Facility
us.rd.yahoo.com - December 23 at 1:14 AM |
 | Transalta Corp. (TAC) Declares $0.04 Quarterly Dividend; 2.9% Yield - StreetInsider.com
www.streetinsider.com - December 20 at 7:58 PM |
| Transalta Corp. (TAC) Issues 2017 Outlook - StreetInsider.com
www.streetinsider.com - December 20 at 7:58 PM |
 | Contrarian Investors: Is TransAlta Corporation a Top Turnaround Pick?
www.fool.ca - December 20 at 2:57 PM |
 | TransAlta vs. TransAlta Renewables: Which Utility Provides The Better Dividend?
www.baystreet.ca - December 20 at 2:57 PM |
| TransAlta Declares Dividends
www.nasdaq.com - December 20 at 2:57 PM |
| Transalta Corp. (TAC) to Exchange Preferred Shares
www.streetinsider.com - December 20 at 2:57 PM |
| TransAlta Corporation Announces Preferred Share Exchange
us.rd.yahoo.com - December 20 at 2:57 PM |
| TransAlta Corporation: Is it Finally Time to Own This Stock?
www.fool.ca - December 9 at 10:28 AM |
| Where Will TransAlta Corporation Go From Here?
www.fool.ca - December 2 at 11:18 AM |
TransAlta (TAC) Chart for Wednesday, May, 24, 2017
