×
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
NYSE:TAC

TransAlta (TAC) Stock Forecast, Price & News

$11.48
+0.18 (+1.59%)
(As of 05/27/2022 04:00 PM ET)
Add
Compare
Today's Range
$11.33
$11.57
50-Day Range
$9.60
$11.48
52-Week Range
$8.98
$12.13
Volume
544,812 shs
Average Volume
329,690 shs
Market Capitalization
$3.11 billion
P/E Ratio
N/A
Dividend Yield
1.37%
Beta
1.09
30 days | 90 days | 365 days | Advanced Chart
Receive TAC News and Ratings via Email

Sign-up to receive the latest news and ratings for TransAlta and its competitors with MarketBeat's FREE daily newsletter.

TransAlta logo

About TransAlta

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through four segments: Hydro, Wind and Solar, Gas, and Energy Transition. owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. The company also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations. It serves municipalities, medium and large industries, businesses, and utility customers. The company was founded in 1909 and is headquartered in Calgary, Canada.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Sector
Utilities
Employees
1,282
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.17 billion
Cash Flow
$2.47 per share
Book Value
$4.95 per share

Profitability

Net Income
$-428.47 million
Pretax Margin
-5.74%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$3.11 billion
Optionable
Not Optionable

Company Calendar

Ex-Dividend for 4/1 Dividend
2/28/2022
Dividend Payable
4/01/2022
Last Earnings
5/06/2022
Today
5/29/2022
Ex-Dividend for 7/1 Dividend
5/31/2022
Dividend Payable
7/01/2022
Next Earnings (Estimated)
8/09/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.06 out of 5 stars

Utilities Sector

63rd out of 121 stocks

Electric Services Industry

23rd out of 58 stocks

Analyst Opinion: 3.4Community Rank: 3.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -













TransAlta (NYSE:TAC) Frequently Asked Questions

Is TransAlta a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TransAlta in the last twelve months. There are currently 3 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.

Are investors shorting TransAlta?

TransAlta saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 849,200 shares, an increase of 42.2% from the April 15th total of 597,300 shares. Based on an average daily trading volume, of 227,600 shares, the short-interest ratio is presently 3.7 days. Approximately 0.3% of the company's stock 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 Tuesday, August 9th 2022.
View our earnings forecast for TransAlta
.

How were TransAlta's earnings last quarter?

TransAlta Co. (NYSE:TAC) posted its quarterly earnings data on Friday, May, 6th. The utilities provider reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.08 by $0.36. The utilities provider earned $580.27 million during the quarter, compared to analysts' expectations of $536.65 million. TransAlta had a negative net margin of 12.08% and a positive trailing twelve-month return on equity of 14.13%. During the same period last year, the business posted ($0.02) EPS.
View TransAlta's earnings history
.

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

TransAlta declared a quarterly dividend on Wednesday, April 27th. Stockholders of record on Wednesday, June 1st will be paid a dividend of $0.04 per share on Friday, July 1st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date is Tuesday, May 31st. This is a boost from TransAlta's previous quarterly dividend of $0.04.
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 1.37%.
View TransAlta's dividend history.

What price target have analysts set for TAC?

10 Wall Street analysts have issued twelve-month price objectives for TransAlta's stock. Their forecasts range from $14.00 to $17.50. On average, they expect TransAlta's stock price to reach $16.44 in the next twelve months. This suggests a possible upside of 43.2% 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:
  • Mr. John Harry Kousinioris, Pres, CEO & Director (Age 57, Pay $1.74M)
  • Mr. Todd John Stack, Exec. VP of Fin. & CFO (Age 54, Pay $921.84k)
  • Ms. Kerry O'Reilly Wilks, Exec. VP of Legal, Commercial & External Affairs (Age 43, Pay $850.79k)
  • Ms. Jane Nyla Fedoretz, Exec. VP of People, Talent & Transformation
  • Mr. Michael J. Novelli, Exec. Vice-Pres of Generation
  • Chiara Valentini, Mang. of Investor Relations
  • Ms. Stacey Hatcher, Mang. of Communications
  • Ms. Maria Perry, MD of People & Talent
  • Ms. Dawn E. de Lima, Chief Shared Services Officer
  • Mr. Aron John Willis, Exec. Vice-Pres of Growth (Age 47)
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.

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 many different retail and institutional investors. Top institutional shareholders include Royal Bank of Canada (16.25%), Marquard & Bahls AG (4.19%), CIBC Asset Management Inc (3.35%), Vanguard Group Inc. (2.84%), Mackenzie Financial Corp (1.76%) and TD Asset Management Inc. (1.50%).
View institutional ownership trends for TransAlta
.

Which major investors are selling TransAlta stock?

TAC stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., TD Asset Management Inc., CIBC Asset Management Inc, Russell Investments Group Ltd., Gyon Technologies Capital Management LP, Vanguard Group Inc., SIG North Trading ULC, and State Street Corp.
View insider buying and selling activity for TransAlta
or view top insider-selling stocks.

Which major investors are buying TransAlta stock?

TAC stock was acquired by a variety of institutional investors in the last quarter, including Marquard & Bahls AG, Mackenzie Financial Corp, Royal Bank of Canada, Goldman Sachs Group Inc., Renaissance Technologies LLC, First Manhattan Co., Toronto Dominion Bank, and NewGen Asset Management 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 $11.48.

How much money does TransAlta make?

TransAlta has a market capitalization of $3.11 billion and generates $2.17 billion in revenue each year. The utilities provider earns $-428.47 million in net income (profit) each year or ($1.06) on an earnings per share basis.

How many employees does TransAlta have?

TransAlta employs 1,282 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, via email at [email protected], or via fax at 1-403-267-7405.

This page was last updated on 5/29/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.