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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:TAC

TransAlta Stock Forecast, Price & News

$8.58
-0.06 (-0.69 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$8.57
Now: $8.58
$8.71
50-Day Range
$6.90
MA: $7.43
$8.64
52-Week Range
$3.63
Now: $8.58
$8.85
Volume292,987 shs
Average Volume279,739 shs
Market Capitalization$2.34 billion
P/E Ratio29.59
Dividend Yield1.50%
Beta1.11
TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. It operates through Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, and Energy Marketing segments. The company generates and markets electricity through various generation fuels, such as coal, natural gas, water, solar, and wind. It also engages in wholesale trading of electricity and other energy-related commodities and derivatives. The company operates facilities with approximately 8,385 megawatts of aggregate generating capacity. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.
TransAlta logo

MarketRank

Overall MarketRank

1.87 out of 5 stars

Utilities Sector

51st out of 243 stocks

Electric Services Industry

23rd out of 71 stocks

Analyst Opinion: 3.4Community Rank: 1.8Dividend Strength: 0.8Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
Phone403-267-7110
Employees1,543

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.77 billion
Cash Flow$2.52 per share
Book Value$8.49 per share

Profitability

Net Income$61.79 million

Miscellaneous

Market Cap$2.34 billion
Next Earnings Date3/3/2021 (Estimated)
OptionableNot Optionable
$8.58
-0.06 (-0.69 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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TransAlta (NYSE:TAC) Frequently Asked Questions

How has TransAlta's stock been impacted by Coronavirus?

TransAlta's stock was trading at $5.55 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TAC shares have increased by 54.6% and is now trading at $8.58.
View which stocks have been most impacted by COVID-19
.

Is TransAlta a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TransAlta in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TransAlta stock.
View analyst ratings for TransAlta
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than TransAlta?

Wall Street analysts have given TransAlta a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TransAlta wasn't one of them. MarketBeat thinks these five stocks 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, March 3rd 2021.
View our earnings forecast for TransAlta
.

How were TransAlta's earnings last quarter?

TransAlta Co. (NYSE:TAC) released its quarterly earnings results on Wednesday, November, 4th. The utilities provider reported ($0.37) earnings per share for the quarter, missing the consensus estimate of ($0.02) by $0.35. The utilities provider had revenue of $385.78 million for the quarter. TransAlta had a net margin of 4.74% and a negative return on equity of 0.58%.
View TransAlta's earnings history
.

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

TransAlta declared a quarterly dividend on Monday, December 28th. Investors of record on Monday, March 1st will be paid a dividend of $0.035 per share on Thursday, April 1st. This represents a $0.14 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date is Friday, February 26th. This is a positive change from TransAlta's previous quarterly dividend of $0.03.
View TransAlta's dividend history
.

Is TransAlta a good dividend stock?

TransAlta pays an annual dividend of $0.13 per share and currently has a dividend yield of 1.50%.
View TransAlta's dividend history.

What price target have analysts set for TAC?

8 brokerages have issued 1-year target prices for TransAlta's stock. Their forecasts range from $9.00 to $16.00. On average, they expect TransAlta's share price to reach $11.17 in the next twelve months. This suggests a possible upside of 30.1% from the stock's current price.
View analysts' price targets for TransAlta
or view Wall Street analyst' top-rated stocks.

Are investors shorting TransAlta?

TransAlta saw a drop in short interest in the month of December. As of December 31st, there was short interest totaling 300,600 shares, a drop of 15.3% from the December 15th total of 355,100 shares. Based on an average daily trading volume, of 154,200 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.1% of the shares of the stock are sold short.
View TransAlta's Short Interest
.

Who are some of TransAlta's key competitors?

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 Co. (TA.TO) (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).

Who are TransAlta's key executives?

TransAlta's management team includes the following people:
  • Ms. Dawn Lorraine Farrell, Pres, CEO & Non-Independent Director (Age 60)
  • Mr. Todd John Stack, Chief Financial Officer
  • Mr. John Harry Kousinioris, Chief Operating Officer (Age 55)
  • Ms. Dawn E. de Lima, Chief Shared Services Officer
  • Mr. Brett M. Gellner, Chief Devel. Officer (Age 56)
  • Chiara Valentini, Mang. of Investor Relations
  • Ms. Kerry O'Reilly Wilks, Chief Officer of Legal, Regulatory & External Affairs
  • Ms. Stacey Hatcher, Mang. of Communications
  • Mr. Aron John Willis, Sr. Vice-Pres of Growth (Age 45)
  • Ms. Jane Nyla Fedoretz, Chief Talent & Transformation Officer

What is TransAlta's stock symbol?

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

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.

What is TransAlta's stock price today?

One share of TAC stock can currently be purchased for approximately $8.58.

How big of a company is TransAlta?

TransAlta has a market capitalization of $2.34 billion and generates $1.77 billion in revenue each year. The utilities provider earns $61.79 million in net income (profit) each year or ($0.09) on an earnings per share basis. TransAlta employs 1,543 workers across the globe.

What is TransAlta's official website?

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

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 1/17/2021 by MarketBeat.com Staff

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