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: $1.71301 billion
  • Outstanding Shares: 287,899,000
Average Prices:
  • 50 Day Moving Avg: $6.26
  • 200 Day Moving Avg: $5.85
  • 52 Week Range: $3.75 - $6.60
  • Trailing P/E Ratio: 69.77
  • Foreward P/E Ratio: 292.50
  • P/E Growth: -1.72
Sales & Book Value:
  • Annual Revenue: $1.93 billion
  • Price / Sales: 0.87
  • Book Value: $7.03 per share
  • Price / Book: 0.83
  • Annual Dividend: $0.13
  • Dividend Yield: 2.2%
  • EBIDTA: $735.08 million
  • Net Margins: 1.67%
  • Return on Equity: 1.00%
  • Return on Assets: 0.34%
  • Debt-to-Equity Ratio: 0.78%
  • Current Ratio: 0.83%
  • Quick Ratio: 0.66%
  • Average Volume: 26,539 shs.
  • Beta: 0.72
  • 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 announced a quarterly dividend on Wednesday, July 19th. Stockholders of record on Friday, September 1st will be given a dividend of $0.0314 per share on Sunday, October 1st. This represents a $0.13 annualized dividend and a dividend yield of 2.15%. The ex-dividend date is Wednesday, August 30th. This is a positive change 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) posted its quarterly earnings results on Friday, October, 30th. The company reported $0.34 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.06 by $0.28. The firm had revenue of $490.62 million for the quarter. TransAlta Corporation had a return on equity of 1.00% and a net margin of 1.67%. View TransAlta Corporation's Earnings History.

When will TransAlta Corporation make its next earnings announcement?

TransAlta Corporation is scheduled to release their next quarterly earnings announcement on Friday, November, 3rd 2017. View Earnings Estimates for TransAlta Corporation.

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

4 analysts have issued 1-year price objectives for TransAlta Corporation's stock. Their predictions range from $6.00 to $8.00. On average, they expect TransAlta Corporation's share price to reach $7.00 in the next twelve months. 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 institutional and retail investors. Top institutional shareholders include Royal Bank of Canada (8.25%), CIBC Asset Management Inc (6.13%), TD Asset Management Inc. (3.03%), Vanguard Group Inc. (2.03%), Goldman Sachs Group Inc. (1.14%) and Canada Pension Plan Investment Board (0.98%). 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 Royal Bank of Canada, The Manufacturers Life Insurance Company , Russell Investments Group Ltd., Intact Investment Management Inc., TD Asset Management Inc., Public Sector Pension investment Board, Legal & General Group Plc and Citigroup Inc.. View Insider Buying and Selling for TransAlta Corporation.

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

TransAlta Corporation's stock was acquired by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Goldman Sachs Group Inc., Sentry Investments Corp., Bank of Nova Scotia, Canada Pension Plan Investment Board, Vanguard Group Inc., Sprott Inc. and Advisors Asset Management 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 $5.85.

MarketBeat Community Rating for TransAlta Corporation (NYSE TAC)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  95 (Vote Outperform)
Underperform Votes:  205 (Vote Underperform)
Total Votes:  300
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 (19.66% 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
(Data available from 9/23/2015 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: $-0.07 EPS
Next Year EPS Consensus Estimate: $0.02 EPS


Current Dividend Information for TransAlta Corporation (NYSE:TAC)
Next Dividend:10/1/2017
Annual Dividend:$0.13
Dividend Yield:2.22%
Dividend Growth:-40.90% (3 Year Average)
Payout Ratio:144.46% (Trailing 12 Months of Earnings)
-185.71% (Based on This Year's Estimates)
650.00% (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 logoZacks: Brokerages Anticipate TransAlta Corporation (TAC) Will Post Earnings of $0.03 Per Share - September 22 at 10:28 AM logo Brokerages Anticipate TransAlta Corporation (TAC) Will Announce Earnings of $0.03 Per Share - September 19 at 2:28 PM logoTransAlta Announces Conversion Results for Series E Preferred Shares - September 18 at 7:04 AM logoShould You Buy TransAlta Corporation Today? - September 16 at 9:20 AM logoTransAlta Corp. breached its 50 day moving average in a Bearish Manner : TAC-US : September 12, 2017 - September 13 at 9:50 AM logoTransAlta Reaches Analyst Target Price - September 9 at 9:09 AM logoBargains or Busts: 2 Companies Trading at Big Discounts - September 1 at 9:29 AM logoTransAlta Corporation Provides Notice of Series E Preferred Shares Conversion Right and Announces Reset Dividend Rates - September 1 at 9:29 AM logoTransAlta Corporation (TAC) Receives Consensus Rating of "Hold" from Analysts - August 30 at 2:32 PM logoTransAlta Corporation (TAC) Ex-Dividend Date Scheduled for August 30, 2017 - Nasdaq - August 30 at 9:54 AM logoTransAlta: Q2 Inline, Guidance Lowered - August 27 at 7:22 AM logoTransAlta Corp. – Value Analysis (NYSE:TAC) : August 24, 2017 - August 24 at 6:43 PM logoTransAlta Corporation (TAC) Downgraded by Zacks Investment Research to "Hold" - August 21 at 9:48 PM logoTransAlta Corporation (TAC) Downgraded by BidaskClub - August 16 at 1:46 PM logoTransAlta Corporation (TAC) and Comp En De Mn Cemig ADS (CIG) Head to Head Comparison - August 16 at 9:42 AM logoTransAlta Corp. breached its 50 day moving average in a Bullish Manner : TAC-US : August 15, 2017 - August 16 at 7:57 AM logoTransAlta Corporation (TAC) Upgraded at Zacks Investment Research - August 15 at 3:00 PM logoTransAlta (TAC) Q2 Loss in Line with Estimates, Revises View - August 12 at 8:17 AM logoSee what the IHS Markit Score report has to say about TransAlta Corp. - August 11 at 2:26 AM logoTransAlta Reports Second Quarter 2017 Results and Revised 2017 Outlook - August 10 at 8:28 AM logoTransAlta reports 2Q loss - August 10 at 8:28 AM logoTransAlta Corporation (NYSE:TAC) Upgraded to Buy at BidaskClub - August 8 at 1:58 PM logoTransAlta Corporation (NYSE:TAC) Given Average Recommendation of "Hold" by Analysts - August 5 at 2:38 PM logoTransAlta Corporation (TAC) Set to Announce Earnings on Wednesday - August 2 at 8:40 AM 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



TransAlta Corporation (TAC) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by Staff