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: www.transalta.com
Capitalization:
  • 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
P/E:
  • 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
Dividend:
  • Annual Dividend: $0.12
  • Dividend Yield: 2.2%
Profitability:
  • EBIDTA: $715.82 million
  • Net Margins: 2.25%
  • Return on Equity: 0.48%
  • Return on Assets: 0.16%
Debt:
  • Debt-to-Equity Ratio: 0.98%
  • Current Ratio: 1.36%
  • Quick Ratio: 1.20%
Misc:
  • 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)
Show:
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

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)

Estimates

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

Dividends

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
7/19/2017quarterly$0.031.92%8/30/20179/1/201710/1/2017
4/20/2017quarterly$0.032.27%5/30/20176/1/20177/1/2017
12/20/2016quarterly$0.032.21%2/27/20173/1/20174/1/2017
10/18/2016quarterly$0.032.64%11/29/201612/1/20161/1/2017
7/20/2016quarterly$0.032.66%8/30/20169/1/201610/1/2016
4/22/2016quarterly$0.032.52%5/27/20166/1/20167/1/2016
2/18/2016quarterly$0.032.82%2/26/20163/1/20164/1/2016
10/30/2015quarterly$0.1411.8%11/27/201512/1/20151/1/2016
7/22/2015quarterly$0.147.93%8/28/20159/1/201510/1/2015
4/29/2015quarterly$0.155.86%5/28/20156/1/20157/1/2015
1/26/2015quarterly$0.182/26/20153/2/20154/1/2015
10/29/2014$0.1611/26/201412/1/20141/1/2015
7/23/2014quarterly$0.175.64%8/27/20148/29/201410/1/2014
4/29/2014quarterly$0.165.39%5/28/20145/30/20147/1/2014
2/21/2014quarterly$0.165.39%2/28/20143/4/20144/1/2014
10/30/2013$0.2811/26/201311/29/20131/1/2014
10/30/2013quarterly$0.298.24%11/26/201311/29/20131/1/2014
7/24/2013quarterly$0.287.71%8/28/20138/30/201310/1/2013
4/24/2013quarterly$0.288.46%5/29/20135/31/20137/1/2013
1/29/2013quarterly$0.297.08%2/27/20133/1/20134/1/2013
(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 MarketBeat.com

Headlines

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

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Chart

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

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