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NYSE:TAC

TransAlta (TAC) Stock Price, News & Analysis

TransAlta logo
$11.40 +0.10 (+0.84%)
Closing price 06/18/2025 03:59 PM Eastern
Extended Trading
$11.38 -0.01 (-0.13%)
As of 06/18/2025 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About TransAlta Stock (NYSE:TAC)

Key Stats

Today's Range
$11.24
$11.43
50-Day Range
$8.44
$11.48
52-Week Range
$6.78
$14.64
Volume
1.79 million shs
Average Volume
1.26 million shs
Market Capitalization
$3.38 billion
P/E Ratio
N/A
Dividend Yield
1.67%
Price Target
$19.75
Consensus Rating
Moderate Buy

Company Overview

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario. The Wind and Solar segment has a net ownership interest of approximately 2,057 MW of owned wind and solar electrical-generating capacity, as well as battery storage facilities located in Alberta, Ontario, New Brunswick, and Québec in Canada; the states of Massachusetts, Minnesota, New Hampshire, North Carolina, Pennsylvania, Washington, and Wyoming in the United States; and the state of Western Australia. The Gas segment has a net ownership interest of approximately 2,775 MW of owned gas electrical-generating capacity, and facilities located in Alberta, Ontario, Michigan, and the state of Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW of owned coal electrical-generating capacity, as well as operates the Skookumchuck hydro facility in Centralia; and engages in the highvale mine and the mine reclamation activities. The Energy Marketing segment is involved in the trading of power, natural gas, and environmental products. It serves customers in various industry segments, including commercial real estate, municipal, manufacturing, industrial, hospitality, finance, and oil and gas. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.

TransAlta Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
70th Percentile Overall Score

TAC MarketRank™: 

TransAlta scored higher than 70% of companies evaluated by MarketBeat, and ranked 48th out of 97 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TransAlta has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    TransAlta has only been the subject of 2 research reports in the past 90 days.

  • Read more about TransAlta's stock forecast and price target.
  • Earnings Growth

    Earnings for TransAlta are expected to grow by 7.32% in the coming year, from $0.41 to $0.44 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TransAlta is -569.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TransAlta is -569.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    TransAlta has a P/B Ratio of 5.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about TransAlta's valuation and earnings.
  • Percentage of Shares Shorted

    4.01% of the float of TransAlta has been sold short.
  • Short Interest Ratio / Days to Cover

    TransAlta has a short interest ratio ("days to cover") of 8.7.
  • Change versus previous month

    Short interest in TransAlta has recently increased by 7.66%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    TransAlta pays a meaningful dividend of 1.67%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    TransAlta has only been increasing its dividend for 2 years.

  • Dividend Sustainability

    Based on earnings estimates, TransAlta will have a dividend payout ratio of 43.18% next year. This indicates that TransAlta will be able to sustain or increase its dividend.

  • Read more about TransAlta's dividend.
  • Percentage of Shares Shorted

    4.01% of the float of TransAlta has been sold short.
  • Short Interest Ratio / Days to Cover

    TransAlta has a short interest ratio ("days to cover") of 8.7.
  • Change versus previous month

    Short interest in TransAlta has recently increased by 7.66%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    TransAlta has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for TransAlta this week, compared to 4 articles on an average week.
  • Search Interest

    1 people have searched for TAC on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 people have added TransAlta to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, TransAlta insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    13.10% of the stock of TransAlta is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    59.00% of the stock of TransAlta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about TransAlta's insider trading history.
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TAC Stock News Headlines

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TransAlta Renews Normal Course Issuer Bid
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See More Headlines

TAC Stock Analysis - Frequently Asked Questions

TransAlta's stock was trading at $14.15 at the beginning of the year. Since then, TAC stock has decreased by 19.5% and is now trading at $11.3950.
View the best growth stocks for 2025 here
.

TransAlta Corporation (NYSE:TAC) released its quarterly earnings data on Wednesday, May, 7th. The utilities provider reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.09 by $0.02. The utilities provider earned $526.69 million during the quarter, compared to analysts' expectations of $509.31 million. TransAlta had a net margin of 0.01% and a negative trailing twelve-month return on equity of 1.64%.
Read the conference call transcript
.

TransAlta's top institutional shareholders include BROOKFIELD Corp ON (9.08%), Millennium Management LLC (5.55%), Vanguard Group Inc. (3.45%) and American Century Companies Inc. (1.76%).
View institutional ownership trends
.

Shares of TAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that TransAlta investors own include Meta Platforms (META), NVIDIA (NVDA), Broadcom (AVGO), GE Aerospace (GE), Arista Networks (ANET), Novo Nordisk A/S (NVO) and Advanced Micro Devices (AMD).

Company Calendar

Ex-Dividend for 4/1 Dividend
2/28/2025
Record date for 4/1 Dividend
3/01/2025
Dividend Payable
4/01/2025
Last Earnings
5/07/2025
Ex-Dividend for 7/1 Dividend
5/30/2025
Record date for 7/1 Dividend
6/01/2025
Today
6/18/2025
Dividend Payable
7/01/2025
Next Earnings (Estimated)
7/30/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Utilities
Industry
UTIL - ELEC PWR
Sub-Industry
Utilities
Current Symbol
NYSE:TAC
Employees
1,205
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.75
High Stock Price Target
$20.00
Low Stock Price Target
$19.50
Potential Upside/Downside
+73.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
27.79
P/E Growth
N/A
Net Income
$167.12 million
Pretax Margin
3.62%

Debt

Sales & Book Value

Annual Sales
$2.08 billion
Cash Flow
$1.75 per share
Price / Cash Flow
6.51
Book Value
$2.21 per share
Price / Book
5.16

Miscellaneous

Free Float
257,572,000
Market Cap
$3.38 billion
Optionable
Optionable
Beta
0.74
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This page (NYSE:TAC) was last updated on 6/19/2025 by MarketBeat.com Staff
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