OTCMKTS:TRSWF TransAlta Renewables (TRSWF) Stock Forecast, Price & News $9.52 -0.11 (-1.14%) (As of 09/21/2023 ET) Add Compare Share Share Today's Range$9.52▼$9.5650-Day Range$9.52▼$10.2452-Week Range$7.78▼$12.00Volume21,739 shsAverage Volume7,715 shsMarket CapitalizationN/AP/E Ratio25.68Dividend Yield8.69%Price Target$20.80 ProfileProfileAnalyst RatingsChartCompetitorsHeadlinesShort InterestProfileAnalyst RatingsChartCompetitorsHeadlinesShort Interest TransAlta Renewables MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside118.5% Upside$20.80 Price TargetShort InterestBearishDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.17 out of 5 stars 3.2 Analyst's Opinion Consensus RatingTransAlta Renewables has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.80, TransAlta Renewables has a forecasted upside of 118.5% from its current price of $9.52.Amount of Analyst CoverageTransAlta Renewables has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverTransAlta Renewables has a short interest ratio ("days to cover") of 93.9, which indicates bearish sentiment.Change versus previous monthShort interest in TransAlta Renewables has recently decreased by 32.54%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipTransAlta Renewables is a leading dividend payer. It pays a dividend yield of 6.88%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTransAlta Renewables does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of TransAlta Renewables is 223.16%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRSWF. Previous Next N/A News and Social Media Coverage Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TransAlta Renewables insiders have not sold or bought any company stock.Percentage Held by Institutions75.93% of the stock of TransAlta Renewables is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TransAlta Renewables is 25.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.97.Price to Earnings Ratio vs. SectorThe P/E ratio of TransAlta Renewables is 25.68, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 91.62. Previous Next See Top Rated MarketRank™ Stocks Here About TransAlta Renewables (OTCMKTS:TRSWF) StockTransAlta Renewables Inc. owns, develops, and operates renewable and natural gas power generation facilities and other infrastructure assets in Canada, the United States, and Australia. The company operates through Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australian Gas segments. Its portfolio of assets comprises 50 renewable power generation facilities, including wind, hydro, and gas. The company was incorporated in 2013 and is headquartered in Calgary, Canada. TransAlta Renewables Inc. operates as a subsidiary of TransAlta Corporation.Read More TRSWF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRSWF Stock News HeadlinesSeptember 13, 2023 | finance.yahoo.comLeading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders Vote "FOR" TransAlta Renewables' Plan of Arrangement with TransAlta CorporationAugust 17, 2023 | finance.yahoo.comTRSWF - TransAlta Renewables Inc.September 22, 2023 | Chaikin Analytics (Ad)Legendary Stockpicker: "Buy this A.I. stock NOW"His award-winning system pinpointed NVDA and META before both stocks doubled. Now it's flashing "BUY" on this under-the-radar A.I. stock. MORE HERE...August 3, 2023 | finance.yahoo.comTransAlta Renewables Reports Second Quarter 2023 ResultsJuly 11, 2023 | financialpost.comTransAlta signs deal to acquire all of TransAlta Renewables worth $1.3 billionJuly 11, 2023 | finance.yahoo.comCANADA STOCKS-Energy, tech boosts TSX ahead of BoC decision, U.S. inflation dataMay 4, 2023 | finance.yahoo.comTransAlta Renewables Inc. Reports on Voting Results from the 2023 Annual General Meeting of ShareholdersApril 14, 2023 | finance.yahoo.comIs There An Opportunity With TransAlta Renewables Inc.'s (TSE:RNW) 50% Undervaluation?September 22, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.April 11, 2023 | finance.yahoo.comMedia Advisory: TransAlta and TransAlta Renewables Annual Meetings of Shareholders and First Quarter 2023 Results and Conference CallMarch 8, 2023 | finance.yahoo.com3 Monthly Dividend Stocks Paying Investors Each MonthMarch 2, 2023 | seekingalpha.comTRSWF TransAlta Renewables Inc.February 26, 2023 | theglobeandmail.comTransAlta reports $163-million quarterly loss, revenue up 40% from year agoJanuary 13, 2023 | msn.comTransAlta Renewables declares C$0.0783 dividendJanuary 7, 2023 | finance.yahoo.comInvestors who have held TransAlta Renewables (TSE:RNW) over the last year have watched its earnings decline along with their investmentNovember 4, 2022 | finance.yahoo.comTransAlta Renewables Reports Third Quarter 2022 ResultsAugust 23, 2022 | finance.yahoo.comTransAlta Renewables Announces IESO Contracts at Sarnia and Melancthon 1July 31, 2022 | finance.yahoo.comDespite the downward trend in earnings at TransAlta Renewables (TSE:RNW) the stock advances 4.8%, bringing three-year gains to 55%July 12, 2022 | finance.yahoo.comCorrection Notice to Media Advisory Regarding Release Date of TransAlta Renewables Second Quarter 2022 ResultsJuly 6, 2022 | finance.yahoo.comMedia Advisory: TransAlta and TransAlta Renewables Second Quarter 2022 Results and Conference CallJune 2, 2022 | seekingalpha.comTransAlta Renewables gets bondholder waiver for New Brunswick turbine projectJune 2, 2022 | msn.comTransAlta Renewables Reveals Rehabilitation Plan For Kent HillsJune 2, 2022 | finance.yahoo.comTransAlta Renewables Announces Rehabilitation Plan for Kent Hills, Executes 10-year Contract Extension with New Brunswick Power, and Receives Waiver from Project BondholdersMay 26, 2022 | seekingalpha.comTransAlta: Renewable Growth Stories At Great ValuationsMay 10, 2022 | finance.yahoo.comIs TransAlta Renewables Inc.'s (TSE:RNW) Recent Performancer Underpinned By Weak Financials?May 6, 2022 | seekingalpha.comTransAlta Renewables Inc. (TRSWF) CEO John Kousinioris on Q1 2022 Results - Earnings Call TranscriptMay 4, 2022 | finance.yahoo.comTransAlta Renewables Inc. Reports on Voting Results from the 2022 Annual Meeting of ShareholdersSee More Headlines Receive TRSWF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TransAlta Renewables and its competitors with MarketBeat's FREE daily newsletter. Email Address TRSWF Company Calendar Today9/22/2023Next Earnings (Estimated)11/02/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Utilities—Renewable Sub-IndustryN/A SectorUtilities Current SymbolOTCMKTS:TRSWF CUSIPN/A CIKN/A Webwww.transaltarenewables.com Phone(403) 267-7110FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$20.80 High Stock Price Forecast$22.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+118.5%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio25.68 Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Todd John Stack (Age 56)Pres & Non-Independent Director Comp: $393.48kMr. Brent V. WardChief Financial OfficerMr. Aron John Willis (Age 48)Exec. Vice-Pres of Growth Comp: $296.38kMr. Scott T. JeffersVP & Corp. Sec.Ms. Sally TaylorMang. of Investor RelationsMs. Michelle CameronVP & Corp. ControllerChad MacySr. Environmental AdvisorMore ExecutivesKey CompetitorsAltius Renewable RoyaltiesOTCMKTS:ATRWFBoralexOTCMKTS:BRLXFCEZ, a. s.OTCMKTS:CZAVFCEZ, a. s.OTCMKTS:CEZYYCGE EnergyOTCMKTS:CGEIView All Competitors TRSWF Stock - Frequently Asked Questions Should I buy or sell TransAlta Renewables stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TransAlta Renewables in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TRSWF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRSWF, but not buy additional shares or sell existing shares. View TRSWF analyst ratings or view top-rated stocks. What is TransAlta Renewables' stock price forecast for 2023? 3 brokerages have issued 12 month price objectives for TransAlta Renewables' stock. Their TRSWF share price forecasts range from $20.00 to $22.00. On average, they expect the company's share price to reach $20.80 in the next year. This suggests a possible upside of 118.5% from the stock's current price. View analysts price targets for TRSWF or view top-rated stocks among Wall Street analysts. How have TRSWF shares performed in 2023? TransAlta Renewables' stock was trading at $8.26 at the beginning of the year. Since then, TRSWF stock has increased by 15.3% and is now trading at $9.52. View the best growth stocks for 2023 here. Are investors shorting TransAlta Renewables? TransAlta Renewables saw a decrease in short interest in August. As of August 31st, there was short interest totaling 651,600 shares, a decrease of 32.5% from the August 15th total of 965,900 shares. Based on an average trading volume of 6,900 shares, the days-to-cover ratio is currently 94.4 days. View TransAlta Renewables' Short Interest. When is TransAlta Renewables' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our TRSWF earnings forecast. Is TransAlta Renewables a good dividend stock? TransAlta Renewables (OTCMKTS:TRSWF) pays an annual dividend of $0.83 per share and currently has a dividend yield of 6.88%. TRSWF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 223.16%. Payout ratios above 75% are not desirable because they may not be sustainable. What is TransAlta Renewables' stock symbol? TransAlta Renewables trades on the OTCMKTS under the ticker symbol "TRSWF." How do I buy shares of TransAlta Renewables? Shares of TRSWF stock 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 Renewables' stock price today? One share of TRSWF stock can currently be purchased for approximately $9.52. How can I contact TransAlta Renewables? TransAlta Renewables' mailing address is 12th Avenue SW, Calgary, AB T2P. The official website for the company is www.transaltarenewables.com. The company can be reached via phone at (403) 267-7110. This page (OTCMKTS:TRSWF) was last updated on 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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