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

$5.85 -0.10 (-1.68 %)
(As of 12/14/2017 03:07 AM ET)
Previous Close$5.95
Today's Range$5.75 - $5.90
52-Week Range$5.00 - $6.60
Volume44,200 shs
Average Volume34,995 shs
Market Capitalization$1.73 billion
P/E Ratio150
Dividend Yield2.08%
Beta0.76

About TransAlta (NYSE:TAC)

TransAlta logoTransAlta 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.

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Industry, Sector and Symbol

Industry Renewable Utilities
Sub-IndustryN/A
SectorUtilities
SymbolNYSE:TAC
CUSIPN/A
Phone1-403-267-2520

Debt

Debt-to-Equity Ratio0.81%
Current Ratio1.07%
Quick Ratio0.92%

Price-To-Earnings

Trailing P/E Ratio150
Forward P/E Ratio-36.56
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.81 billion
Price / Sales0.93
Cash Flow$1.78 per share
Price / Cash3.28
Book Value$9.76 per share
Price / Book0.60

Profitability

Trailing EPS$0.05
Net Income$127.62 million
Net Margins1.00%
Return on Equity0.56%
Return on Assets0.19%

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 Monday, October 30th. Investors of record on Friday, December 1st will be paid a dividend of $0.031 per share on Monday, January 1st. This represents a $0.12 annualized dividend and a yield of 2.12%. The ex-dividend date is Thursday, November 30th. View TransAlta's Dividend History.

How were TransAlta's earnings last quarter?

TransAlta Co. (NYSE:TAC) issued its quarterly earnings results on Friday, October, 30th. The utilities provider reported $0.34 EPS for the quarter, beating the Zacks' consensus estimate of $0.06 by $0.28. The utilities provider had revenue of $490.62 million for the quarter. TransAlta had a net margin of 1.00% and a return on equity of 0.56%. View TransAlta's Earnings History.

When will TransAlta make its next earnings announcement?

TransAlta is scheduled to release their next quarterly earnings announcement on Friday, March, 2nd 2018. View Earnings Estimates for TransAlta.

Who are some of TransAlta's key competitors?

Who are TransAlta's key executives?

TransAlta's management team includes the folowing people:

  • Gordon D. Giffin J.D., Independent Chairman of the Board (Age 67)
  • Dawn Lorraine Farrell, President, Chief Executive Officer, Non-Independent Director (Age 57)
  • Donald Tremblay, Chief Financial Officer
  • Wayne A. Collins, Executive Vice President - Coal and Mining Operations
  • Jennifer M. Pierce, Senior Vice President - Trading and Marketing
  • Aron J. Willis, Senior Vice President - Gas and Renewables (Age 42)
  • Dawn E. de Lima, Chief Administrative Officer
  • Brett M. Gellner, Chief Investment Officer (Age 53)
  • John Harry Kousinioris, Chief Legal and Compliance Officer, Corporate Secretary (Age 53)
  • Todd John Stack, Managing Director, Corporate Controller

Who owns TransAlta stock?

TransAlta's stock is owned by many different of institutional and retail investors. Top institutional investors include CIBC Asset Management Inc (6.14%), TD Asset Management Inc. (2.22%), Mackenzie Financial Corp (1.96%), Canada Pension Plan Investment Board (1.06%), Intact Investment Management Inc. (0.26%) and Legal & General Group Plc (0.18%). 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 TD Asset Management Inc., Point72 Asset Management L.P. and Legal & General Group Plc. View Insider Buying and Selling for TransAlta.

Who bought TransAlta stock? Who is buying TransAlta stock?

TransAlta's stock was purchased by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Canada Pension Plan Investment Board, Intact Investment Management Inc., Shell Asset Management Co., CIBC Asset Management Inc, ARP Americas LLC, Citadel Advisors LLC and Swiss National Bank. 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 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 TransAlta stock can currently be purchased for approximately $5.85.

How big of a company is TransAlta?

TransAlta has a market capitalization of $1.73 billion and generates $1.81 billion in revenue each year. The utilities provider earns $127.62 million in net income (profit) each year or $0.05 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)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  103 (Vote Outperform)
Underperform Votes:  219 (Vote Underperform)
Total Votes:  322
MarketBeat's community ratings are surveys of what our community members think about TransAlta and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

TransAlta (NYSE:TAC) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.002.001.831.83
Ratings Breakdown: 0 Sell Rating(s)
4 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)
1 Sell Rating(s)
5 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
5 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $7.00$7.00$7.00$7.00
Price Target Upside: 16.67% upside16.67% upside16.67% upside16.67% upside

TransAlta (NYSE:TAC) Consensus Price Target History

Price Target History for TransAlta (NYSE:TAC)

TransAlta (NYSE:TAC) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/13/2017National Bank FinancialDowngradeOutperform -> Sector PerformN/AView Rating Details
11/25/2016BMO Capital MarketsSet Price TargetHold$8.00N/AView Rating Details
11/7/2016Royal Bank of CanadaUpgradeUnderperform -> Sector Perform$6.00N/AView Rating Details
11/7/2016ScotiabankUpgradeUnderperform -> Sector PerformN/AView Rating Details
5/4/2016TD SecuritiesDowngradeBuy -> HoldN/AView Rating Details
4/22/2016Credit Suisse GroupDowngradeNeutral -> UnderperformN/AView Rating Details
(Data available from 12/14/2015 forward)

Earnings

TransAlta (NYSE:TAC) Earnings History and Estimates Chart

Earnings by Quarter for TransAlta (NYSE:TAC)

TransAlta (NYSE TAC) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/2/2018        
10/30/2015Q3$0.06$0.34$490.62 millionViewListenView Earnings Details
7/29/2015Q215($0.02)($0.16)$491.00 million$438.00 millionViewListenView Earnings Details
4/28/2015Q115$0.03$0.09$775.00 million$593.00 millionViewN/AView Earnings Details
2/19/2015Q414$0.11$0.13$578.26 millionViewN/AView Earnings Details
10/30/2014$0.10($0.05)$572.42 millionViewN/AView Earnings Details
7/30/2014Q214$0.04($0.04)$518.00 million$453.77 millionViewN/AView Earnings Details
4/29/2014$0.10$0.17$703.67 millionViewN/AView Earnings Details
10/31/2013$0.13$0.14ViewN/AView Earnings Details
7/30/2013$0.15$0.03ViewN/AView Earnings Details
2/27/2013Q412$0.28$0.21$608.00 million$661.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

TransAlta (NYSE:TAC) Earnings Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171$0.01$0.01$0.01
(Data provided by Zacks Investment Research)

Dividends

TransAlta (NYSE:TAC) Dividend Information

Next Dividend:1/1/2018
Annual Dividend:$0.12
Dividend Yield:2.05%
Dividend Growth:-40.90% (3 Year Average)
Payout Ratio:240.05% (Trailing 12 Months of Earnings)
-75.00% (Based on This Year's Estimates)
120.00% (Based on Next Year's Estimates)
Frequency:Quarterly Dividend
Dividend Payments by Quarter for TransAlta (NYSE:TAC)

TransAlta (NYSE:TAC) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/30/2017Quarterly$0.032.12%11/30/201712/1/20171/1/2018
7/19/2017quarterly$0.031.92%8/30/20179/1/201710/1/2017
4/20/2017quarterly$0.032.27%5/30/20176/1/20177/1/2017
12/20/2016quarterly$0.032.21%2/27/20173/1/20174/1/2017
10/18/2016quarterly$0.032.64%11/29/201612/1/20161/1/2017
7/20/2016quarterly$0.032.66%8/30/20169/1/201610/1/2016
4/22/2016quarterly$0.032.52%5/27/20166/1/20167/1/2016
2/18/2016quarterly$0.032.82%2/26/20163/1/20164/1/2016
10/30/2015quarterly$0.1411.8%11/27/201512/1/20151/1/2016
7/22/2015quarterly$0.147.93%8/28/20159/1/201510/1/2015
4/29/2015quarterly$0.155.86%5/28/20156/1/20157/1/2015
1/26/2015quarterly$0.182/26/20153/2/20154/1/2015
10/29/2014$0.1611/26/201412/1/20141/1/2015
7/23/2014quarterly$0.175.64%8/27/20148/29/201410/1/2014
4/29/2014quarterly$0.165.39%5/28/20145/30/20147/1/2014
2/21/2014quarterly$0.165.39%2/28/20143/4/20144/1/2014
10/30/2013$0.2811/26/201311/29/20131/1/2014
10/30/2013quarterly$0.298.24%11/26/201311/29/20131/1/2014
7/24/2013quarterly$0.287.71%8/28/20138/30/201310/1/2013
4/24/2013quarterly$0.288.46%5/29/20135/31/20137/1/2013
1/29/2013quarterly$0.297.08%2/27/20133/1/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

TransAlta (NYSE TAC) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 50.84%
Insider Trades by Quarter for TransAlta (NYSE:TAC)
Insider Trades by Quarter for TransAlta (NYSE:TAC)

TransAlta (NYSE TAC) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/22/2017Clive MasseyDirectorSell10,000$0.41$4,100.00
(Data available from 1/1/2013 forward)

Headlines

TransAlta (NYSE TAC) News Headlines

Source:
DateHeadline
TransAlta Corp. breached its 50 day moving average in a Bearish Manner : TAC-US : December 13, 2017TransAlta Corp. breached its 50 day moving average in a Bearish Manner : TAC-US : December 13, 2017
finance.yahoo.com - December 13 at 11:24 AM
National Bank Financial Weighs in on TransAlta Co.s FY2018 Earnings (TAC)National Bank Financial Weighs in on TransAlta Co.'s FY2018 Earnings (TAC)
www.americanbankingnews.com - December 11 at 7:24 AM
TransAlta Comments on Provincial Carbon Credit RegimeTransAlta Comments on Provincial Carbon Credit Regime
finance.yahoo.com - December 8 at 11:14 AM
BRIEF-TransAlta To Accelerate Transition To Gas And Renewables GenerationBRIEF-TransAlta To Accelerate Transition To Gas And Renewables Generation
www.reuters.com - December 6 at 11:25 AM
TransAlta Announces Accelerated Transition to Clean EnergyTransAlta Announces Accelerated Transition to Clean Energy
finance.yahoo.com - December 6 at 11:25 AM
TransAlta Corp. : TAC-US: Dividend Analysis : December 01st, 2017 (record date) : By the numbers : December 1, 2017TransAlta Corp. : TAC-US: Dividend Analysis : December 01st, 2017 (record date) : By the numbers : December 1, 2017
finance.yahoo.com - December 1 at 6:14 PM
TransAlta Corp. breached its 50 day moving average in a Bearish Manner : TAC-US : November 30, 2017TransAlta Corp. breached its 50 day moving average in a Bearish Manner : TAC-US : November 30, 2017
finance.yahoo.com - November 30 at 11:47 AM
TransAlta Corporation (TAC) to Issue $0.03 Quarterly DividendTransAlta Corporation (TAC) to Issue $0.03 Quarterly Dividend
www.americanbankingnews.com - November 25 at 10:04 AM
 Brokerages Anticipate TransAlta Corporation (TAC) to Post $0.01 Earnings Per Share Brokerages Anticipate TransAlta Corporation (TAC) to Post $0.01 Earnings Per Share
www.americanbankingnews.com - November 19 at 1:12 PM
A 7% Yielding Utility With Low Leverage - Seeking AlphaA 7% Yielding Utility With Low Leverage - Seeking Alpha
seekingalpha.com - November 18 at 9:09 AM
TransAlta Corp. – Value Analysis (NYSE:TAC) : November 10, 2017TransAlta Corp. – Value Analysis (NYSE:TAC) : November 10, 2017
finance.yahoo.com - November 11 at 2:20 PM
TransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : November 9, 2017TransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : November 9, 2017
finance.yahoo.com - November 9 at 2:25 PM
FY2017 EPS Estimates for TransAlta Corporation (TAC) Lowered by National Bank FinancialFY2017 EPS Estimates for TransAlta Corporation (TAC) Lowered by National Bank Financial
www.americanbankingnews.com - November 6 at 2:12 AM
TransAlta Corps (TAC) CEO Dawn Farrell on Q3 2017 Results - Earnings Call Transcript - Seeking AlphaTransAlta Corp's (TAC) CEO Dawn Farrell on Q3 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - November 2 at 9:34 AM
TransAlta Reports In Line Third Quarter 2017 ResultsTransAlta Reports In Line Third Quarter 2017 Results
finance.yahoo.com - November 1 at 9:34 AM
TransAlta reports 3Q lossTransAlta reports 3Q loss
finance.yahoo.com - November 1 at 9:34 AM
 Brokerages Anticipate TransAlta Corporation (TAC) to Announce $0.02 Earnings Per Share Brokerages Anticipate TransAlta Corporation (TAC) to Announce $0.02 Earnings Per Share
www.americanbankingnews.com - October 30 at 1:20 AM
3 Unloved Canadian Stocks That Could Soar in 2018 and Beyond - The Motley Fool Canada3 Unloved Canadian Stocks That Could Soar in 2018 and Beyond - The Motley Fool Canada
www.fool.ca - October 24 at 10:54 AM
TransAlta Corporation (TAC) Receives Consensus Rating of "Hold" from AnalystsTransAlta Corporation (TAC) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - October 19 at 2:36 PM
TransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : October 19, 2017TransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : October 19, 2017
finance.yahoo.com - October 19 at 9:32 AM
Equities Analysts Set Expectations for TransAlta Corporations Q3 2017 Earnings (TAC)Equities Analysts Set Expectations for TransAlta Corporation's Q3 2017 Earnings (TAC)
www.americanbankingnews.com - October 18 at 7:28 AM
TransAlta Corporation (TAC) Expected to Post Earnings of $0.03 Per ShareTransAlta Corporation (TAC) Expected to Post Earnings of $0.03 Per Share
www.americanbankingnews.com - October 10 at 10:18 PM
Contrarian Investors: 2 Attractive Canadian Stocks Trading Below $10Contrarian Investors: 2 Attractive Canadian Stocks Trading Below $10
www.fool.ca - October 6 at 11:01 AM
TransAlta: Undervalued Long-Term Investment - Seeking AlphaTransAlta: Undervalued Long-Term Investment - Seeking Alpha
seekingalpha.com - September 30 at 1:22 PM
The Oldest Newest Natural Gas Play - Part 2The Oldest Newest Natural Gas Play - Part 2
seekingalpha.com - September 27 at 3:52 PM
TransAlta Corporation (TAC) Given Average Recommendation of "Hold" by AnalystsTransAlta Corporation (TAC) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 24 at 2:48 PM
Shares of TAC Now OversoldShares of TAC Now Oversold
www.nasdaq.com - September 23 at 9:50 AM
TransAlta Corp. : TAC-US: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : September 22, 2017TransAlta Corp. : TAC-US: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : September 22, 2017
finance.yahoo.com - September 23 at 9:50 AM
 Brokerages Anticipate TransAlta Corporation (TAC) Will Announce Earnings of $0.03 Per Share Brokerages Anticipate TransAlta Corporation (TAC) Will Announce Earnings of $0.03 Per Share
www.americanbankingnews.com - September 19 at 2:28 PM
TransAlta Announces Conversion Results for Series E Preferred SharesTransAlta Announces Conversion Results for Series E Preferred Shares
finance.yahoo.com - September 18 at 7:04 AM
Should You Buy TransAlta Corporation Today?Should You Buy TransAlta Corporation Today?
www.fool.ca - September 16 at 9:20 AM
TransAlta Corp. breached its 50 day moving average in a Bearish Manner : TAC-US : September 12, 2017TransAlta Corp. breached its 50 day moving average in a Bearish Manner : TAC-US : September 12, 2017
finance.yahoo.com - September 13 at 9:50 AM
TransAlta Reaches Analyst Target PriceTransAlta Reaches Analyst Target Price
www.thestreet.com - September 9 at 9:09 AM
Bargains or Busts: 2 Companies Trading at Big DiscountsBargains or Busts: 2 Companies Trading at Big Discounts
www.fool.ca - September 1 at 9:29 AM
TransAlta Corporation Provides Notice of Series E Preferred Shares Conversion Right and Announces Reset Dividend RatesTransAlta Corporation Provides Notice of Series E Preferred Shares Conversion Right and Announces Reset Dividend Rates
finance.yahoo.com - September 1 at 9:29 AM
TransAlta Corporation (TAC) Ex-Dividend Date Scheduled for August 30, 2017 - NasdaqTransAlta Corporation (TAC) Ex-Dividend Date Scheduled for August 30, 2017 - Nasdaq
www.nasdaq.com - August 30 at 9:54 AM
TransAlta: Q2 Inline, Guidance LoweredTransAlta: Q2 Inline, Guidance Lowered
seekingalpha.com - August 27 at 7:22 AM
TransAlta Corp. – Value Analysis (NYSE:TAC) : August 24, 2017TransAlta Corp. – Value Analysis (NYSE:TAC) : August 24, 2017
finance.yahoo.com - August 24 at 6:43 PM
TransAlta Corporation (TAC) and Comp En De Mn Cemig ADS (CIG) Head to Head ComparisonTransAlta Corporation (TAC) and Comp En De Mn Cemig ADS (CIG) Head to Head Comparison
www.americanbankingnews.com - August 16 at 9:42 AM
TransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : August 15, 2017TransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : August 15, 2017
finance.yahoo.com - August 16 at 7:57 AM
TransAlta (TAC) Q2 Loss in Line with Estimates, Revises ViewTransAlta (TAC) Q2 Loss in Line with Estimates, Revises View
finance.yahoo.com - August 12 at 8:17 AM
See what the IHS Markit Score report has to say about TransAlta Corp.See what the IHS Markit Score report has to say about TransAlta Corp.
finance.yahoo.com - August 11 at 2:26 AM
TransAlta Reports Second Quarter 2017 Results and Revised 2017 OutlookTransAlta Reports Second Quarter 2017 Results and Revised 2017 Outlook
finance.yahoo.com - August 10 at 8:28 AM
TransAlta reports 2Q lossTransAlta reports 2Q loss
finance.yahoo.com - August 10 at 8:28 AM
TransAlta Corporation (NYSE:TAC) Given Average Recommendation of "Hold" by AnalystsTransAlta Corporation (NYSE:TAC) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 5 at 2:38 PM
TransAlta Corporation (TAC) Set to Announce Earnings on WednesdayTransAlta Corporation (TAC) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - August 2 at 8:40 AM
TransAlta Corporation (NYSE:TAC) Declares Dividend Increase - $0.03 Per ShareTransAlta Corporation (NYSE:TAC) Declares Dividend Increase - $0.03 Per Share
www.americanbankingnews.com - July 19 at 4:57 PM
TransAlta Appoints the Honourable Rona Ambrose to its Board of DirectorsTransAlta Appoints the Honourable Rona Ambrose to its Board of Directors
finance.yahoo.com - July 14 at 8:58 AM
TransAlta Corporation (TAC) Given Consensus Recommendation of "Hold" by BrokeragesTransAlta Corporation (TAC) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 11 at 2:12 PM
TransAlta Comments on the Balancing Pools Announcement Regarding the Consultation Process InitiationTransAlta Comments on the Balancing Pools Announcement Regarding the Consultation Process Initiation
finance.yahoo.com - July 6 at 11:54 AM

SEC Filings

TransAlta (NYSE:TAC) SEC Filings

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Social Media

Financials

TransAlta (NYSE:TAC) Income Statement, Balance Sheet and Cash Flow Statement

Chart

TransAlta (NYSE TAC) Stock Chart for Thursday, December, 14, 2017

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This page was last updated on 12/14/2017 by MarketBeat.com Staff

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