TransAlta Stock Forecast, Price & News

TransAlta (NYSE:TAC) Frequently Asked Questions

Is TransAlta a buy right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TransAlta in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TransAlta stock.
View analyst ratings for TransAlta or view top-rated stocks.

How has TransAlta's stock price been impacted by COVID-19 (Coronavirus)?

TransAlta's stock was trading at $5.55 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TAC stock has increased by 91.4% and is now trading at $10.62.
View which stocks have been most impacted by COVID-19.

Are investors shorting TransAlta?

TransAlta saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 308,200 shares, a decrease of 26.7% from the December 15th total of 420,300 shares. Based on an average trading volume of 171,200 shares, the short-interest ratio is presently 1.8 days. Currently, 0.1% of the company's shares are sold short.
View TransAlta's Short Interest.

When is TransAlta's next earnings date?

TransAlta is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for TransAlta.

How can I listen to TransAlta's earnings call?

TransAlta will be holding an earnings conference call on Thursday, February 24th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 888-390-0541 with passcode "983771 #".

How were TransAlta's earnings last quarter?

TransAlta Co. (NYSE:TAC) issued its earnings results on Tuesday, November, 9th. The utilities provider reported ($1.35) earnings per share for the quarter, missing the consensus estimate of $0.16 by $1.51. The utilities provider earned $675.10 million during the quarter. TransAlta had a negative net margin of 23.44% and a positive trailing twelve-month return on equity of 5.17%. During the same period last year, the company posted ($0.37) EPS.
View TransAlta's earnings history.

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

TransAlta announced a quarterly dividend on Wednesday, December 15th. Shareholders of record on Tuesday, March 1st will be given a dividend of $0.039 per share on Friday, April 1st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Monday, February 28th.
View TransAlta's dividend history.

Is TransAlta a good dividend stock?

TransAlta pays an annual dividend of $0.16 per share and currently has a dividend yield of 1.54%.
View TransAlta's dividend history.

What price target have analysts set for TAC?

9 brokers have issued 1-year price objectives for TransAlta's shares. Their forecasts range from $14.00 to $17.50. On average, they anticipate TransAlta's share price to reach $16.33 in the next year. This suggests a possible upside of 53.8% from the stock's current price.
View analysts' price targets for TransAlta or view top-rated stocks among Wall Street analysts.

Who are TransAlta's key executives?

TransAlta's management team includes the following people:

• John Harry Kousinioris, President, Chie Executive Officer & Director
• Todd J. Stack, Chief Financial Officer & Executive Vice President
• Parviz Mohamed, Vice President-Information Technology
• Brent Ward, Managing Director-Treasury
• Wayne Collins, Executive Vice President-Generation

What is Dawn Farrell's approval rating as TransAlta's CEO?

78 employees have rated TransAlta CEO Dawn Farrell on Glassdoor.com. Dawn Farrell has an approval rating of 9% among TransAlta's employees. This puts Dawn Farrell in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of TransAlta's key competitors?

Some companies that are related to TransAlta include Red Eléctrica Corporación (RDEIY), Korea Electric Power (KEP), Vistra (VST), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), NRG Energy (NRG), Algonquin Power & Utilities (AQN), Enel Américas (ENIA), Brookfield Renewable Partners (BEP), Huaneng Power International (HNP), Pinnacle West Capital (PNW), OGE Energy (OGE), Clearway Energy (CWEN), Engie Brasil Energia (EGIEY), Centrica (CPYYY) and Brookfield Renewable (BEPC).
View all of TAC's 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 (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).

What is TransAlta's stock symbol?

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

Who are TransAlta's major shareholders?

TransAlta's stock is owned by a number of retail and institutional investors. Top institutional investors include National Bank of Canada FI (0.80%) and Russell Investments Group Ltd. (0.11%).
View institutional ownership trends for TransAlta.

Which major investors are buying TransAlta stock?

TAC stock was bought by a variety of institutional investors in the last quarter, including National Bank of Canada FI, and Russell Investments Group Ltd..
View insider buying and selling activity for TransAlta or or view top insider-buying stocks.

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.
Compare Top Brokerages Here.

What is TransAlta's stock price today?

One share of TAC stock can currently be purchased for approximately $10.62.

How much money does TransAlta make?

TransAlta has a market capitalization of $2.88 billion and generates $1.57 billion in revenue each year. The utilities provider earns $-214.25 million in net income (profit) each year or ($1.93) on an earnings per share basis.

How many employees does TransAlta have?

TransAlta employs 1,476 workers across the globe.

What is TransAlta's official website?

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

Where are TransAlta's headquarters?

TransAlta is headquartered at 110 12TH AVE SW BOX 1900 STATION M CALGARY ALBERTA, CALGARY A0, T2P2M1.

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, via email at [email protected], or via fax at 1-403-267-7405.