TransAlta Stock Forecast, Price & News

+0.09 (+0.88 %)
(As of 09/23/2021 04:00 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume157,881 shs
Average Volume234,921 shs
Market Capitalization$2.79 billion
P/E RatioN/A
Dividend Yield1.37%
30 days | 90 days | 365 days | Advanced Chart
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TransAlta logo

About TransAlta

TransAlta Corp. engages in the generation and distribution of electricity through wind, hydro, gas and coal power plants. It operates through the following business segments: Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind & 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. The Energy Marketing segment engages in marketing its production through short-term and long-term contracts. The Corporate segment deals with its central financial, legal, administrative, and investing functions. The company was founded by William Maxwell Aitken in 1909 and is headquartered in Calgary, Canada.


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Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

2.45 out of 5 stars

Utilities Sector

35th out of 122 stocks

Electric Services Industry

12th out of 54 stocks

Analyst Opinion: 3.4Community Rank: 3.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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TransAlta (NYSE:TAC) Frequently Asked Questions

Is TransAlta a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TransAlta in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TransAlta stock.
View analyst ratings for TransAlta
or view top-rated stocks.

What stocks does MarketBeat like better than TransAlta?

Wall Street analysts have given TransAlta a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but TransAlta wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is TransAlta's next earnings date?

TransAlta is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for TransAlta

How were TransAlta's earnings last quarter?

TransAlta Co. (NYSE:TAC) announced its earnings results on Monday, August, 9th. The utilities provider reported $0.05 earnings per share for the quarter, meeting the consensus estimate of $0.05. The utilities provider earned $503.91 million during the quarter. TransAlta had a negative trailing twelve-month return on equity of 5.48% and a negative net margin of 12.87%.
View TransAlta's earnings history

How has TransAlta's stock been impacted by COVID-19?

TransAlta's stock was trading at $5.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TAC stock has increased by 85.2% and is now trading at $10.28.
View which stocks have been most impacted by COVID-19

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

TransAlta announced a quarterly dividend on Monday, August 9th. Stockholders of record on Wednesday, September 1st will be given a dividend of $0.0361 per share on Friday, October 1st. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date is Tuesday, August 31st.
View TransAlta's dividend history

Is TransAlta a good dividend stock?

TransAlta pays an annual dividend of $0.14 per share and currently has a dividend yield of 1.37%.
View TransAlta's dividend history.

What price target have analysts set for TAC?

7 brokerages have issued 12 month target prices for TransAlta's shares. Their forecasts range from $13.00 to $18.00. On average, they anticipate TransAlta's share price to reach $15.07 in the next twelve months. This suggests a possible upside of 46.6% from the stock's current price.
View analysts' price targets for TransAlta
or view top-rated stocks among Wall Street analysts.

Who are TransAlta's key executives?

TransAlta's management team includes the following people:
  • John Harry Kousinioris, President, Chie Executive Officer & Director
  • Todd J. Stack, Chief Financial Officer & Executive Vice President
  • Parviz Mohamed, Vice President-Information Technology
  • Brent Ward, Managing Director-Treasury
  • Wayne Collins, Executive Vice President-Generation

What is Dawn Farrell's approval rating as TransAlta's CEO?

78 employees have rated TransAlta CEO Dawn Farrell on Glassdoor.com. Dawn Farrell has an approval rating of 9% among TransAlta's employees. This puts Dawn Farrell in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Bristol-Myers Squibb (BMY), Advanced Micro Devices (AMD), AT&T (T), Enbridge (ENB), General Motors (GM), Verizon Communications (VZ), Ford Motor (F), General Electric (GE) and Pfizer (PFE).

What is TransAlta's stock symbol?

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

Who are TransAlta's major shareholders?

TransAlta's stock is owned by a variety of institutional and retail investors. Top institutional investors include Brookfield Asset Management Inc. (13.07%), CIBC Asset Management Inc (3.15%), Vanguard Group Inc. (2.89%), Toronto Dominion Bank (1.48%), Renaissance Technologies LLC (1.25%) and Intact Investment Management Inc. (1.14%).
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 Vanguard Group Inc., CIBC Asset Management Inc, PCJ Investment Counsel Ltd., Credit Suisse AG, Swiss National Bank, Russell Investments Group Ltd., Public Sector Pension Investment Board, and Intact Investment Management Inc..
View insider buying and selling activity for TransAlta
or view top insider-selling stocks.

Which major investors are buying TransAlta stock?

TAC stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Goldman Sachs Group Inc., Connor Clark & Lunn Investment Management Ltd., Morgan Stanley, Morgan Stanley, Marshall Wace North America L.P., State Street Corp, and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp.
View insider buying and selling activity for TransAlta
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TransAlta's stock price today?

One share of TAC stock can currently be purchased for approximately $10.28.

How much money does TransAlta make?

TransAlta has a market capitalization of $2.79 billion and generates $1.57 billion in revenue each year. The utilities provider earns $-214,250,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis.

How many employees does TransAlta have?

TransAlta employs 1,476 workers across the globe.

What is TransAlta's official website?

The official website for TransAlta is www.transalta.com.

Where are TransAlta's headquarters?

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].

This page was last updated on 9/24/2021 by MarketBeat.com Staff
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