TransAlta Company Profile (NYSE:TAC)

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.

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: $1.61 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 - $6.24
P/E:
  • Trailing P/E Ratio: 40.00
  • Foreward P/E Ratio: 50.91
  • P/E Growth: 0.00
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: 43,616 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. Shareholders of record on Thursday, June 1st will be given a dividend of $0.03 per share on Saturday, July 1st. This represents a $0.12 annualized dividend and a yield of 2.14%. 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 quarterly earnings results on Friday, October, 30th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.28. The firm earned $490.62 million during the quarter. TransAlta had a net margin of 2.06% and a return on equity of 0.56%. 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 stock. Their predictions range from $6.00 to $8.00. On average, they anticipate TransAlta's stock price to reach $7.00 in the next year. View Analyst Ratings for TransAlta.

Are investors shorting TransAlta?

TransAlta saw a drop in short interest during the month of April. As of April 13th, there was short interest totalling 877,577 shares, a drop of 34.4% from the March 31st total of 1,338,450 shares. Based on an average daily volume of 50,588 shares, the short-interest ratio is currently 17.3 days. Approximately 0.3% of the shares of the stock are sold short.

Who are some of TransAlta's key competitors?

Who owns TransAlta stock?

TransAlta's stock is owned by a variety of of institutional and retail 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 $5.60.

Analyst Ratings

Consensus Ratings for TransAlta (NYSE:TAC) (?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $7.00 (25.00% upside)

Analysts' Ratings History for TransAlta (NYSE:TAC)
Show:
DateFirmActionRatingPrice 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 Group AGDowngradeNeutral -> UnderperformN/AView Rating Details
8/25/2015CIBCUpgradeUnderperform -> Sector PerformN/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for TransAlta (NYSE:TAC)
Earnings by Quarter for TransAlta (NYSE:TAC)
Earnings History by Quarter for TransAlta (NYSE:TAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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

Earnings Estimates for TransAlta (NYSE:TAC)
Current Year EPS Consensus Estimate: $0.03 EPS
Next Year EPS Consensus Estimate: $0.11 EPS

Dividends

Current Dividend Information for TransAlta (NYSE:TAC)
Next Dividend:7/1/2017
Annual Dividend:$0.12
Dividend Yield:2.14%
Dividend Growth:-40.90% (3 Year Average)
Payout Ratio:85.72% (Trailing 12 Months of Earnings)
400.00% (Based on This Year's Estimates)
109.09% (Based on Next Year's Estimates)
Dividend Payments by Quarter for TransAlta (NYSE:TAC)

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

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

Headlines

Headline Trends for TransAlta (NYSE:TAC)
Latest Headlines for TransAlta (NYSE:TAC)
Source:
DateHeadline
americanbankingnews.com logoTransAlta Co. (TAC) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - May 22 at 12:24 PM
finance.yahoo.com logoTransAlta 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
finance.yahoo.com logoETFs with exposure to TransAlta Corp. : May 15, 2017
finance.yahoo.com - May 15 at 7:20 PM
americanbankingnews.com logoTransAlta Co. (TAC) Downgraded to "Strong Sell" at Zacks Investment Research
www.americanbankingnews.com - May 12 at 7:30 AM
americanbankingnews.com logoTransAlta Co. (TAC) Forecasted to Earn FY2017 Earnings of $0.02 Per Share
www.americanbankingnews.com - May 11 at 10:36 AM
finance.yahoo.com logoTransAlta Corp. :TAC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 11 at 1:49 AM
americanbankingnews.com logoTransAlta Co. (TAC) Rating Lowered to D+ at TheStreet
www.americanbankingnews.com - May 9 at 3:16 PM
americanbankingnews.com logoTransAlta Co. (TAC) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - May 6 at 7:34 AM
finance.yahoo.com logoTransAlta Reports First Quarter 2017 Results
finance.yahoo.com - May 5 at 11:27 PM
finance.yahoo.com logoTransAlta posts 1Q profit
finance.yahoo.com - May 5 at 11:27 PM
americanbankingnews.com logoFavorable Press Coverage Somewhat Likely to Impact TransAlta (TAC) Share Price
www.americanbankingnews.com - May 2 at 8:10 PM
americanbankingnews.com logoTransAlta Co. (TAC) Sees Significant Decrease in Short Interest
www.americanbankingnews.com - May 2 at 7:14 AM
americanbankingnews.com logoTransAlta (TAC) Receiving Somewhat Positive Media Coverage, Report Shows
www.americanbankingnews.com - April 29 at 7:21 PM
americanbankingnews.com logoTransAlta (TAC) Receiving Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 26 at 7:34 PM
americanbankingnews.com logoTransAlta Co. (TAC) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 25 at 12:33 PM
americanbankingnews.com logoTransAlta (TAC) Receiving Positive Media Coverage, Analysis Shows
www.americanbankingnews.com - April 23 at 12:17 PM
americanbankingnews.com logoTransAlta Co. (TAC) Announces Quarterly Dividend of $0.03
www.americanbankingnews.com - April 20 at 7:09 PM
finance.yahoo.com logoTransAlta Corp. – Value Analysis (NYSE:TAC) : April 19, 2017
finance.yahoo.com - April 19 at 8:08 PM
finance.yahoo.com logoTransAlta 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
finance.yahoo.com logoSouthern Company (SO) Announces Dividend Hike, Shares Up
finance.yahoo.com - April 18 at 8:55 AM
americanbankingnews.com logoSomewhat Positive Media Coverage Likely to Affect TransAlta (TAC) Stock Price
www.americanbankingnews.com - April 17 at 4:39 PM
americanbankingnews.com logoTransAlta Co. (TAC) Upgraded to "Strong-Buy" at Zacks Investment Research
www.americanbankingnews.com - April 15 at 7:19 AM
americanbankingnews.com logoTransAlta (TAC) Getting Somewhat Positive News Coverage, Report Shows
www.americanbankingnews.com - April 14 at 7:09 PM
finance.yahoo.com logoMedia Advisory: TransAlta Corporation Annual Meeting of Shareholders, First Quarter 2017 Results and Conference Call
finance.yahoo.com - April 7 at 11:29 PM
finance.yahoo.com logoTransAlta 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
americanbankingnews.com logoTransAlta Co. (TAC) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - March 31 at 1:14 PM
americanbankingnews.com logoTransAlta Co. (TAC) Upgraded to C at TheStreet
www.americanbankingnews.com - March 12 at 8:36 AM
finance.yahoo.com logoTRANSALTA CORP Financials
finance.yahoo.com - March 9 at 8:04 PM
americanbankingnews.com logoDavid Lawrence Mowat Buys 235 Shares of TransAlta Co. (TA) Stock
www.americanbankingnews.com - March 8 at 10:47 AM
seekingalpha.com logoTransAlta's (TAC) CEO Dawn Farrell on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 3 at 8:07 PM
us.rd.yahoo.com logoTransAlta Reports Fourth Quarter and Full Year 2016 Results
us.rd.yahoo.com - March 3 at 8:07 PM
feeds.benzinga.com logoEarnings Scheduled For March 3, 2017
feeds.benzinga.com - March 3 at 6:57 AM
nasdaq.com logoTAC Crosses Critical Technical Indicator
www.nasdaq.com - February 28 at 7:43 PM
finance.yahoo.com logoTransAlta downgraded by National Bank Financial
finance.yahoo.com - February 13 at 8:32 PM
finance.yahoo.com logoTransAlta Corporation Determines Not to Proceed with Preferred Share Exchange - Yahoo Finance
finance.yahoo.com - February 12 at 8:01 PM
finance.yahoo.com logo8:31 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
finance.yahoo.com logoMedia Advisory: TransAlta Fourth Quarter and Full Year 2016 Results and Conference Call
finance.yahoo.com - February 3 at 6:08 AM
finance.yahoo.com logoTransAlta Announces Sale of Interest in Wintering Hills Facility
finance.yahoo.com - January 27 at 6:06 AM
finanznachrichten.de logoTRANSALTA CORPORATION
www.finanznachrichten.de - January 17 at 10:49 AM
zacks.com logoShould TransAlta (TAC) Be On Your Radar Now?
www.zacks.com - December 28 at 8:55 AM
publicnow.com logoTransAlta Signs New Agreement for Mississauga Cogeneration Facility
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
www.streetinsider.com - December 20 at 7:58 PM
streetinsider.com logoTransalta Corp. (TAC) Issues 2017 Outlook - StreetInsider.com
www.streetinsider.com - December 20 at 7:58 PM
fool.ca logoContrarian Investors: Is TransAlta Corporation a Top Turnaround Pick?
www.fool.ca - December 20 at 2:57 PM
baystreet.ca logoTransAlta vs. TransAlta Renewables: Which Utility Provides The Better Dividend?
www.baystreet.ca - December 20 at 2:57 PM
nasdaq.com logoTransAlta Declares Dividends
www.nasdaq.com - December 20 at 2:57 PM
streetinsider.com logoTransalta Corp. (TAC) to Exchange Preferred Shares
www.streetinsider.com - December 20 at 2:57 PM
publicnow.com logoTransAlta Corporation Announces Preferred Share Exchange
us.rd.yahoo.com - December 20 at 2:57 PM
fool.ca logoTransAlta Corporation: Is it Finally Time to Own This Stock?
www.fool.ca - December 9 at 10:28 AM
fool.ca logoWhere Will TransAlta Corporation Go From Here?
www.fool.ca - December 2 at 11:18 AM

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Chart

TransAlta (TAC) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff