TransAlta Corporation Company Profile (NYSE:TAC)

About TransAlta Corporation

TransAlta Corporation logoTransAlta Corporation (TransAlta) is a non-regulated electricity generation and energy marketing company with an aggregate net ownership interest of approximately 8,730 megawatts of generating capacity. The Company is engaged in the production and sale of electric energy. TransAlta is organized into seven segments: Canadian Coal, U.S. Coal, Gas, Wind and Solar, Hydro, Energy Marketing and Corporate. The Canadian Coal, U.S. Coal, Gas, Wind and Solar, and Hydro segments are responsible for constructing, operating and maintaining its electrical generation. The Canadian Coal segment is also responsible for the operation and maintenance of the Company's related mining operations in Canada. The Energy Marketing segment is responsible for marketing its production through short-term and long-term contracts. The Company operates facilities having approximately 10,208 megawatts of aggregate generating capacity.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Diversified Utilities
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: TAC
  • CUSIP:
Key Metrics:
  • Previous Close: $5.50
  • 50 Day Moving Average: $5.84
  • 200 Day Moving Average: $4.98
  • 52-Week Range: $3.75 - $6.24
  • Trailing P/E Ratio: 41.92
  • Foreward P/E Ratio: 68.13
  • P/E Growth: -24.10
  • Market Cap: $1.57B
  • Outstanding Shares: 287,899,000
  • Beta: 0.74
Profitability:
  • 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%
Additional Links:
Companies Related to TransAlta Corporation:

Analyst Ratings

Consensus Ratings for TransAlta Corporation (NYSE:TAC) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings
Consensus Rating:Hold (Score: 1.86)
Consensus Price Target: $6.67 (22.32% upside)

Analysts' Ratings History for TransAlta Corporation (NYSE:TAC)
Show:
DateFirmActionRatingPrice TargetDetails
2/13/2017National Bank FinancialDowngradeOutperform -> Sector PerformView Rating Details
11/25/2016BMO Capital MarketsSet Price TargetHold$8.00View Rating Details
11/7/2016RBC Capital MarketsUpgradeUnderperform -> Sector Perform$6.00View Rating Details
11/7/2016ScotiabankUpgradeUnderperform -> Sector PerformView Rating Details
11/7/2016Royal Bank of CanadaUpgradeUnderperform -> Sector Perform$6.00View Rating Details
5/4/2016TD SecuritiesDowngradeBuy -> HoldView Rating Details
4/22/2016Credit Suisse GroupDowngradeNeutral -> UnderperformView Rating Details
8/25/2015CIBCUpgradeUnderperform -> Sector PerformView Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for TransAlta Corporation (NYSE:TAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2015Q3$0.06$0.34ViewListenView 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$0.13ViewN/AView Earnings Details
10/30/2014$0.10($0.05)ViewN/AView Earnings Details
7/30/2014Q214$0.04($0.04)$518.00 millionViewN/AView Earnings Details
4/29/2014$0.10$0.17ViewN/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

Earnings Estimates for TransAlta Corporation (NYSE:TAC)
Current Year EPS Consensus Estimate: $-0.01 EPS
Next Year EPS Consensus Estimate: $0.08 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20161($0.02)($0.02)($0.02)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for TransAlta Corporation (NYSE:TAC)
Annual Dividend:$0.12
Dividend Yield:2.20%
Dividend Growth:-40.90% (3 Year Average)
Payout Ratio:85.72% (Based on Trailing 12 Months of Earnings)
-1,200.00% (Based on Current Year Consensus EPS Estimate)
150.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for TransAlta Corporation (NYSE:TAC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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

Insider Trading History for TransAlta Corporation (NYSE:TAC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for TransAlta Corporation (NYSE:TAC)
DateHeadline
finance.yahoo.com logoValue Investors: These 3 Stocks Are Absurdly Cheap (NYSE:TAC)
ca.finance.yahoo.com - February 23 at 1:33 AM
News IconEarnings According to Analysts for TransAlta Corporation (NYSE:TAC)? - Aiken Advocate (NYSE:TAC)
aikenadvocate.com - February 21 at 4:48 PM
News IconIs The Sell-Side Predicting That TransAlta Corporation (NYSE:TAC) Will Move Higher? - Winfield Review (NYSE:TAC)
winfieldreview.com - February 18 at 9:00 AM
News IconEarnings at a Glance For TransAlta Corporation (NYSE:TAC): What ... - Winfield Review (NYSE:TAC)
winfieldreview.com - February 18 at 9:00 AM
finance.yahoo.com logoIs TransAlta Corporation Canada’s Cheapest Stock? (NYSE:TAC)
ca.finance.yahoo.com - February 16 at 7:55 PM
finance.yahoo.com logoTransAlta downgraded by National Bank Financial (NYSE:TAC)
finance.yahoo.com - February 13 at 8:32 PM
News IconTransAlta Corporation (NYSE:TAC) Moves Into Potential Pullback Territory - Aiken Advocate (NYSE:TAC)
aikenadvocate.com - February 13 at 3:31 PM
News IconTransAlta Corporation (USA) (TAC) is Downgraded by National Bank Financial to ” Sector Perform” - Highland Mirror (NYSE:TAC)
www.highlandmirror.com - February 13 at 3:31 PM
finance.yahoo.com logoTransAlta Corporation Determines Not to Proceed with Preferred Share Exchange - Yahoo Finance (NYSE:TAC)
finance.yahoo.com - February 12 at 8:01 PM
News IconInvestor Corner: Checking the Charts for TransAlta Corp. (TAC) - Sherwood Daily (NYSE:TAC)
sherwooddaily.com - February 11 at 4:38 AM
finance.yahoo.com logo8:31 am TransAlta cancels cumulative redeemable minimum rate reset first preferred share exchange; special meeting of preferred shareholders cancelled (NYSE:TAC)
finance.yahoo.com - February 11 at 4:38 AM
News IconMA Watch on Shares of TransAlta Corp. (TAC) - Sherwood Daily (NYSE:TAC)
sherwooddaily.com - February 3 at 6:08 AM
finance.yahoo.com logoMedia Advisory: TransAlta Fourth Quarter and Full Year 2016 Results and Conference Call (NYSE:TAC)
finance.yahoo.com - February 3 at 6:08 AM
News IconTechnical Investor Update on Shares of TransAlta Corp. (TAC) - Sherwood Daily (NYSE:TAC)
sherwooddaily.com - February 1 at 6:49 AM
News IconBrokers Release Average Price Target Of 9.17 On TransAlta Corporation (NYSE:TAC) - UK Market News (NYSE:TAC)
www.ukmarketnews.co.uk - February 1 at 6:49 AM
News IconWhat is the Street Saying About TransAlta Corporation (NYSE:TAC)? - Aiken Advocate (NYSE:TAC)
aikenadvocate.com - February 1 at 6:49 AM
kcregister.com logoTransAlta (NYSE:TAC) to sale 51% interest in the Wintering Hills merchant wind facility for $61 million - KC Register (NYSE:TAC)
www.kcregister.com - January 31 at 3:46 AM
News IconTrading Views: RSI, MA, and ADX Review for TransAlta Corp. (TAC) - Sherwood Daily (NYSE:TAC)
sherwooddaily.com - January 31 at 3:46 AM
News IconIs There Inherent Value in TransAlta Corporation (NYSE:TAC)? Analysts Delve Into The Stock - Wall Street Beacon (NYSE:TAC)
wsbeacon.com - January 29 at 10:32 PM
News IconIKEA Canada purchases another Alberta wind farm (NYSE:TAC)
diy-home-garden.com - January 28 at 6:50 AM
finance.yahoo.com logoTransAlta Announces Sale of Interest in Wintering Hills Facility (NYSE:TAC)
finance.yahoo.com - January 27 at 6:06 AM
finanznachrichten.de logoTRANSALTA CORPORATION (NYSE:TAC)
www.finanznachrichten.de - January 17 at 10:49 AM
einnews.com logoTransAlta Corporation Files Management Information Circular Relating to the Proposed Preferred Share Exchange and ... (NYSE:TAC)
energy.einnews.com - January 17 at 10:49 AM
News IconMarkets End Mostly Higher, How Did This Stock Fare: TransAlta Corporation (NYSE:TAC) - Wall Street Beacon (NYSE:TAC)
wsbeacon.com - January 15 at 7:35 PM
News IconStock Vaulting to Uncharted Territory: TransAlta Corporation (NYSE:TAC) - Wall Street Beacon (NYSE:TAC)
wsbeacon.com - January 13 at 4:43 AM
News IconNews Impact Score Of TransAlta Corporation (NYSE:TAC) At 66 - Stock Observer (NYSE:TAC)
www.thestockobserver.com - January 1 at 8:07 AM
zacks.com logoShould TransAlta (TAC) Be On Your Radar Now? (NYSE:TAC)
www.zacks.com - December 28 at 8:55 AM
4-traders.com logoTransAlta : Signs New Agreement for Mississauga Cogeneration Facility (NYSE:TAC)
www.4-traders.com - December 23 at 8:15 PM
4-traders.com logoTransAlta Corporation : Announces 2017 Outlook (NYSE:TAC)
www.4-traders.com - December 23 at 1:14 AM
publicnow.com logoTransAlta Signs New Agreement for Mississauga Cogeneration Facility (NYSE:TAC)
us.rd.yahoo.com - December 23 at 1:14 AM
streetinsider.com logoTransalta Corp. (TAC) Declares $0.04 Quarterly Dividend; 2.9% Yield - StreetInsider.com (NYSE:TAC)
www.streetinsider.com - December 20 at 7:58 PM
streetinsider.com logoTransalta Corp. (TAC) Issues 2017 Outlook - StreetInsider.com (NYSE:TAC)
www.streetinsider.com - December 20 at 7:58 PM
fool.ca logoContrarian Investors: Is TransAlta Corporation a Top Turnaround Pick? (NYSE:TAC)
www.fool.ca - December 20 at 2:57 PM
baystreet.ca logoTransAlta vs. TransAlta Renewables: Which Utility Provides The Better Dividend? (NYSE:TAC)
www.baystreet.ca - December 20 at 2:57 PM
nasdaq.com logoTransAlta Declares Dividends (NYSE:TAC)
www.nasdaq.com - December 20 at 2:57 PM
streetinsider.com logoTransalta Corp. (TAC) to Exchange Preferred Shares (NYSE:TAC)
www.streetinsider.com - December 20 at 2:57 PM
publicnow.com logoTransAlta Corporation Announces Preferred Share Exchange (NYSE:TAC)
us.rd.yahoo.com - December 20 at 2:57 PM
publicnow.com logoTransAlta Corporation Announces 2017 Outlook (NYSE:TAC)
www.publicnow.com - December 20 at 2:57 PM
feeds.reuters.com logoBRIEF-TransAlta Corporation announces preferred share exchange (NYSE:TAC)
feeds.reuters.com - December 19 at 3:10 PM
News IconHedge Funds Are Dumping TransAlta Corporation (USA) (TAC) (NYSE:TAC)
feedproxy.google.com - December 16 at 4:59 PM
fool.ca logoTransAlta Corporation: Is it Finally Time to Own This Stock? (NYSE:TAC)
www.fool.ca - December 9 at 10:28 AM
marketwired.com logoTransAlta Corporation Announces $202.5 Million Financing (NYSE:TAC)
www.marketwired.com - December 7 at 7:54 PM
News IconTrading Views: RSI, MA, and ADX Review for TransAlta Corp. (TAC) - Yankee Analysts (NYSE:TAC)
yankeeanalysts.com - December 6 at 7:44 PM
News IconLooking at the Technicals for TransAlta Corp. (TAC) - StockTalk Daily (NYSE:TAC)
stocktalkdaily.com - December 4 at 8:39 AM
fool.ca logoWhere Will TransAlta Corporation Go From Here? (NYSE:TAC)
www.fool.ca - December 2 at 11:18 AM
capitalcube.com logoETFs with exposure to TransAlta Corp. : November 29, 2016 (NYSE:TAC)
www.capitalcube.com - November 29 at 3:41 PM
fxpips.com logoTransportation Stocks Top Decliners and Earners Today (NYSE:TAC)
www.fxpips.com - November 29 at 9:28 AM
rttnews.com logoTransAlta Corp. (TAC) Surged To Over A 4-Month High After Alberta Agreement (NYSE:TAC)
www.rttnews.com - November 29 at 9:28 AM
fool.ca logoTransAlta Corporation: Could This Stock Double in 2017? (NYSE:TAC)
www.fool.ca - November 29 at 9:28 AM
News IconTransAlta Corporation (NYSE:TAC) Under Analyst Spotlight (NYSE:TAC)
canalcncarauca.com - November 29 at 9:28 AM

Social

What is TransAlta Corporation's stock symbol?

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

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

TransAlta Corporation declared a quarterly dividend on Tuesday, December 20th. Stockholders of record on Wednesday, March 1st will be paid a dividend of $0.0301 per share on Saturday, April 1st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date is Monday, February 27th.

Where is TransAlta Corporation's stock going? Where will TransAlta Corporation's stock price be in 2017?

7 analysts have issued 1 year price targets for TransAlta Corporation's stock. Their forecasts range from $6.00 to $8.00. On average, they anticipate TransAlta Corporation's share price to reach $6.67 in the next year.

Who owns TransAlta Corporation stock?

TransAlta Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vertex One Asset Management Inc. (1.61%), Public Sector Pension Investment Board (0.66%), Dimensional Fund Advisors LP (0.22%), DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main (0.22%), Renaissance Technologies LLC (0.21%) and Russell Investments Group Ltd. (0.20%).

Who sold TransAlta Corporation stock? Who is selling TransAlta Corporation stock?

TransAlta Corporation's stock was sold by a variety of institutional investors in the last quarter, including Vertex One Asset Management Inc., AQR Capital Management LLC, Public Sector Pension Investment Board, Guardian Capital Advisors LP and Allianz Asset Management AG.

Who bought TransAlta Corporation stock? Who is buying TransAlta Corporation stock?

TransAlta Corporation's stock was purchased by a variety of institutional investors in the last quarter, including DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Russell Investments Group Ltd., Renaissance Technologies LLC, Two Sigma Investments LP and Intact Investment Management Inc..

How do I buy TransAlta Corporation stock?

Shares of TransAlta Corporation 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 Corporation stock cost?

One share of TransAlta Corporation stock can currently be purchased for approximately $5.45.

TransAlta Corporation (NYSE:TAC) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for TransAlta Corporation (NYSE:TAC)

Earnings History Chart

Earnings by Quarter for TransAlta Corporation (NYSE:TAC)

Dividend History Chart

Dividend Payments by Quarter for TransAlta Corporation (NYSE:TAC)

Last Updated on 2/26/2017 by MarketBeat.com Staff