TransAlta Corporation Company Profile (NYSE:TAC)

About TransAlta Corporation (NYSE:TAC)

TransAlta Corporation 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: Renewable Utilities
  • Sub-Industry: N/A
  • Symbol: NYSE:TAC
  • CUSIP: N/A
  • Web:
  • Market Cap: $1.86 billion
  • Outstanding Shares: 287,899,000
Average Prices:
  • 50 Day Moving Avg: $6.09
  • 200 Day Moving Avg: $5.70
  • 52 Week Range: $3.75 - $6.60
  • Trailing P/E Ratio: 42.05
  • Foreward P/E Ratio: 53.75
  • P/E Growth: 29.70
Sales & Book Value:
  • Annual Revenue: $1.9 billion
  • Price / Sales: 0.98
  • Book Value: $7.13 per share
  • Price / Book: 0.90
  • Annual Dividend: $0.12
  • Dividend Yield: 2.2%
  • EBIDTA: $715.82 million
  • Net Margins: 2.25%
  • Return on Equity: 0.48%
  • Return on Assets: 0.16%
  • Debt-to-Equity Ratio: 0.98%
  • Current Ratio: 1.36%
  • Quick Ratio: 1.20%
  • Average Volume: 32,125 shs.
  • Beta: 0.7
  • Short Ratio: 16.85
Frequently Asked Questions for TransAlta Corporation (NYSE:TAC)

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 Wednesday, July 19th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.0314 per share on Sunday, October 1st. This represents a $0.13 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend is Wednesday, August 30th. This is an increase from TransAlta Corporation's previous quarterly dividend of $0.03. View TransAlta Corporation's Dividend History.

How were TransAlta Corporation's earnings last quarter?

TransAlta Corporation (NYSE:TAC) announced its quarterly earnings data on Friday, October, 30th. The company reported $0.34 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.06 by $0.28. The company had revenue of $490.62 million for the quarter. TransAlta Corporation had a net margin of 2.25% and a return on equity of 0.48%. View TransAlta Corporation's Earnings History.

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

4 analysts have issued twelve-month price objectives for TransAlta Corporation's shares. Their forecasts range from $6.00 to $8.00. On average, they expect TransAlta Corporation's stock price to reach $7.00 in the next year. View Analyst Ratings for TransAlta Corporation.

Who are some of TransAlta Corporation's key competitors?

Who are TransAlta Corporation's key executives?

TransAlta Corporation's management team includes the folowing people:

  • Gordon D. Giffin J.D., Independent Chairman of the Board
  • Dawn Lorraine Farrell, President, Chief Executive Officer, Non-Independent Director
  • 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
  • Dawn E. de Lima, Chief Administrative Officer
  • Brett M. Gellner, Chief Investment Officer
  • John Harry Kousinioris, Chief Legal and Compliance Officer, Corporate Secretary
  • Todd John Stack, Managing Director, Corporate Controller

Who owns TransAlta Corporation stock?

TransAlta Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Aperio Group LLC (0.03%), Sprott Inc. (0.02%), Russell Investments Group Ltd. (0.01%) and Shell Asset Management Co. (0.01%). View Institutional Ownership Trends for TransAlta Corporation.

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 Russell Investments Group Ltd. and Aperio Group LLC. View Insider Buying and Selling for TransAlta Corporation.

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

TransAlta Corporation's stock was bought by a variety of institutional investors in the last quarter, including Sprott Inc.. View Insider Buying and Selling for TransAlta Corporation.

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.

What is TransAlta Corporation's stock price today?

One share of TransAlta Corporation stock can currently be purchased for approximately $6.45.

MarketBeat Community Rating for TransAlta Corporation (NYSE TAC)
Community Ranking:  1.4 out of 5 ()
Outperform Votes:  71 (Vote Outperform)
Underperform Votes:  183 (Vote Underperform)
Total Votes:  254
MarketBeat's community ratings are surveys of what our community members think about TransAlta Corporation 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

Consensus Ratings for TransAlta Corporation (NYSE:TAC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $7.00 (8.53% upside)

Analysts' Ratings History for TransAlta Corporation (NYSE:TAC)
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 GroupDowngradeNeutral -> UnderperformN/AView Rating Details
8/25/2015CIBCUpgradeUnderperform -> Sector PerformN/AView Rating Details
(Data available from 7/26/2015 forward)


Earnings History for TransAlta Corporation (NYSE:TAC)
Earnings by Quarter for TransAlta Corporation (NYSE:TAC)
Earnings History by Quarter for TransAlta Corporation (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)


Earnings Estimates for TransAlta Corporation (NYSE:TAC)
Current Year EPS Consensus Estimate: $0.01 EPS
Next Year EPS Consensus Estimate: $0.12 EPS


Current Dividend Information for TransAlta Corporation (NYSE:TAC)
Next Dividend:10/1/2017
Annual Dividend:$0.12
Dividend Yield:1.86%
Dividend Growth:-40.90% (3 Year Average)
Payout Ratio:80.01% (Trailing 12 Months of Earnings)
1,200.00% (Based on This Year's Estimates)
100.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for TransAlta Corporation (NYSE:TAC)

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


Headline Trends for TransAlta Corporation (NYSE:TAC)
Latest Headlines for TransAlta Corporation (NYSE:TAC)
DateHeadline logoTransAlta Corporation (NYSE:TAC) Declares Dividend Increase - $0.03 Per Share - July 19 at 4:57 PM logoTransAlta Corporation (NYSE:TAC) Lowered to "Sell" at Zacks Investment Research - July 18 at 11:35 AM logoTransAlta Appoints the Honourable Rona Ambrose to its Board of Directors - July 14 at 8:58 AM logoTransAlta Corporation (TAC) Given Consensus Recommendation of "Hold" by Brokerages - July 11 at 2:12 PM logoTransAlta Comments on the Balancing Pools Announcement Regarding the Consultation Process Initiation - July 6 at 11:54 AM logoCritical Review: 8point3 Energy Partners (CAFD) & TransAlta Corporation (NYSE:TAC) - July 5 at 12:22 AM logoTransAlta Corporation (TAC) Rating Increased to Buy at BidaskClub - July 1 at 3:42 PM logoTransAlta Is Undervalued And Getting Paid For Coal Shutdowns - June 17 at 9:57 PM logoTransAlta Corporation (TAC) Short Interest Down 38.9% in May - June 17 at 7:10 AM logoTransAlta Announces Conversion Results for Series C Preferred Shares - June 17 at 6:31 AM logoTransAlta Corporation (TAC) Given Consensus Rating of "Hold" by Brokerages - June 16 at 12:50 PM logoHere's How Green Sausages Get Made In The Swamp — It Isn't Very Pretty - June 13 at 8:13 PM logoTerraForm Global (GLBL) and TransAlta (TAC) Financial Contrast - June 11 at 12:16 AM logoTransAlta (TAC) and TerraForm Global (GLBL) Head-To-Head Contrast - June 9 at 12:10 AM logoFinancial Contrast: TerraForm Power (TERP) versus TransAlta (TAC) - June 6 at 10:06 PM logoTransAlta Corporation Provides Notice of Series C Preferred Shares Conversion Right and Announces Reset Dividend Rates - May 31 at 8:14 PM logoTransAlta Corp. : TAC-US: Dividend Analysis : June 01st, 2017 (record date) : By the numbers : May 31, 2017 - May 31 at 12:09 PM logoTransAlta Co. (TAC) Receives Average Rating of "Hold" from Analysts - May 22 at 12:24 PM logoTransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : May 22, 2017 - May 22 at 8:42 AM logoETFs with exposure to TransAlta Corp. : May 15, 2017 - May 15 at 7:20 PM logoTransAlta Co. (TAC) Downgraded to "Strong Sell" at Zacks Investment Research - May 12 at 7:30 AM logoTransAlta Co. (TAC) Forecasted to Earn FY2017 Earnings of $0.02 Per Share - May 11 at 10:36 AM logoTransAlta Corp. :TAC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017 - May 11 at 1:49 AM logoTransAlta Co. (TAC) Rating Lowered to D+ at TheStreet - May 9 at 3:16 PM logoTransAlta Co. (TAC) Downgraded by Zacks Investment Research to Hold - May 6 at 7:34 AM logoTransAlta Reports First Quarter 2017 Results - May 5 at 11:27 PM logoTransAlta posts 1Q profit - May 5 at 11:27 PM logoFavorable Press Coverage Somewhat Likely to Impact TransAlta (TAC) Share Price - May 2 at 8:10 PM logoTransAlta Co. (TAC) Sees Significant Decrease in Short Interest - May 2 at 7:14 AM logoTransAlta (TAC) Receiving Somewhat Positive Media Coverage, Report Shows - April 29 at 7:21 PM logoTransAlta (TAC) Receiving Somewhat Positive Press Coverage, Analysis Shows - April 26 at 7:34 PM logoTransAlta Co. (TAC) Given Average Rating of "Hold" by Brokerages - April 25 at 12:33 PM logoTransAlta (TAC) Receiving Positive Media Coverage, Analysis Shows - April 23 at 12:17 PM logoTransAlta Co. (TAC) Announces Quarterly Dividend of $0.03 - April 20 at 7:09 PM logoTransAlta Corp. – Value Analysis (NYSE:TAC) : April 19, 2017 - April 19 at 8:08 PM logoTransAlta Corp. breached its 50 day moving average in a Bearish Manner : TAC-US : April 18, 2017 - April 19 at 8:56 AM logoSouthern Company (SO) Announces Dividend Hike, Shares Up - April 18 at 8:55 AM logoSomewhat Positive Media Coverage Likely to Affect TransAlta (TAC) Stock Price - April 17 at 4:39 PM logoTransAlta Co. (TAC) Upgraded to "Strong-Buy" at Zacks Investment Research - April 15 at 7:19 AM logoTransAlta (TAC) Getting Somewhat Positive News Coverage, Report Shows - April 14 at 7:09 PM logoMedia Advisory: TransAlta Corporation Annual Meeting of Shareholders, First Quarter 2017 Results and Conference Call - April 7 at 11:29 PM logoTransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : April 7, 2017 - April 7 at 12:55 PM logoTransAlta Co. (TAC) Receives Consensus Rating of "Hold" from Brokerages - March 31 at 1:14 PM logoTransAlta Co. (TAC) Upgraded to C at TheStreet - March 12 at 8:36 AM logoTRANSALTA CORP Financials - March 9 at 8:04 PM logoDavid Lawrence Mowat Buys 235 Shares of TransAlta Co. (TA) Stock - March 8 at 10:47 AM logoTransAlta's (TAC) CEO Dawn Farrell on Q4 2016 Results - Earnings Call Transcript - March 3 at 8:07 PM logoTransAlta Reports Fourth Quarter and Full Year 2016 Results - March 3 at 8:07 PM logoEarnings Scheduled For March 3, 2017 - March 3 at 6:57 AM logoTAC Crosses Critical Technical Indicator - February 28 at 7:43 PM



TransAlta Corporation (TAC) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by Staff