OTCMKTS:TRSWF TransAlta Renewables (TRSWF) Stock Forecast, Price & News $9.32 -0.06 (-0.64%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$9.29▼$9.3250-Day Range$8.85▼$9.5152-Week Range$7.78▼$14.27Volume2,695 shsAverage Volume5,839 shsMarket CapitalizationN/AP/E Ratio25.13Dividend Yield8.88%Price Target$14.58 ProfileProfileAnalyst RatingsChartCompetitorsHeadlinesShort InterestProfileAnalyst RatingsChartCompetitorsHeadlinesShort Interest TransAlta Renewables MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside56.5% Upside$14.58 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.2.23 out of 5 stars 3.3 Analyst's Opinion Consensus RatingTransAlta Renewables has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.58, TransAlta Renewables has a forecasted upside of 56.5% from its current price of $9.32.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 269.2, which indicates bearish sentiment.Change versus previous monthShort interest in TransAlta Renewables has recently decreased by 16.80%, 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 25.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.96.Price to Earnings Ratio vs. SectorThe P/E ratio of TransAlta Renewables is 25.13, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 96.12. Previous Next See Top Rated MarketRank™ Stocks Here About TransAlta Renewables (OTCMKTS:TRSWF) StockTransAlta Renewables, Inc. engages in the acquisition of renewable power generation facilities in operation or under construction. It operates through the following segments: Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australia Gas. The Canadian Wind segment includes the result of the Le Nordais facility. The Canadian Hydro segment consists of the outcome of the Ragged Chute facility. The Canadian Gas segment involves the output of the Sarnia facility. The US Wind and Solar segment operates the North Carolina Solar facility. The company was founded on May 28, 2013 and is headquartered in Calgary, Canada.Read More 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 Stock News HeadlinesMay 30, 2023 | americanbankingnews.comTransAlta Renewables Inc. (OTCMKTS:TRSWF) Sees Significant Decrease in Short InterestMay 15, 2023 | americanbankingnews.comTransAlta Renewables (OTCMKTS:TRSWF) Upgraded by Credit Suisse Group to OutperformJune 8, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 10, 2023 | americanbankingnews.comTransAlta Renewables (OTCMKTS:TRSWF) Given New C$13.00 Price Target at National Bank FinancialMay 10, 2023 | americanbankingnews.comTD Securities Boosts TransAlta Renewables (OTCMKTS:TRSWF) Price Target to C$12.50May 10, 2023 | americanbankingnews.comTransAlta Renewables (OTCMKTS:TRSWF) PT Raised to C$12.50May 4, 2023 | finance.yahoo.comTransAlta Renewables Inc. Reports on Voting Results from the 2023 Annual General Meeting of ShareholdersApril 22, 2023 | americanbankingnews.comNational Bank Financial Raises TransAlta Renewables (OTCMKTS:TRSWF) Price Target to C$13.25June 8, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.April 14, 2023 | finance.yahoo.comIs There An Opportunity With TransAlta Renewables Inc.'s (TSE:RNW) 50% Undervaluation?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 TranscriptSee More Headlines TRSWF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRSWF Company Calendar Today6/08/2023Next Earnings (Estimated)8/02/2023Get 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$14.58 High Stock Price Forecast$17.00 Low Stock Price Forecast$12.50 Forecasted Upside/Downside+55.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio25.29 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 Key ExecutivesTodd J. StackPresident, Chief Executive Officer & DirectorBrent WardChief Financial Officer, Treasurer & StrategyScott JeffersSecretary & Vice PresidentMichelle CameronVice President & ControllerKerry O’Reilly WilksDirector, EVP-Legal & External AffairsKey CompetitorsAES Tietê EnergiaOTCMKTS:AESTYAker Offshore Wind ASOTCMKTS:AKOWFBoralexOTCMKTS:BRLXFCEZ, a. s.OTCMKTS:CEZYYElectric Power DevelopmentOTCMKTS:EPWDFView All Competitors TRSWF Stock - Frequently Asked Questions Should I buy or sell TransAlta Renewables stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TransAlta Renewables in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TRSWF shares. View TRSWF analyst ratings or view top-rated stocks. What is TransAlta Renewables' stock price forecast for 2023? 3 Wall Street research analysts have issued 1 year price objectives for TransAlta Renewables' shares. Their TRSWF share price forecasts range from $12.50 to $17.00. On average, they expect the company's share price to reach $14.58 in the next year. This suggests a possible upside of 55.5% 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 on January 1st, 2023. Since then, TRSWF stock has increased by 13.5% and is now trading at $9.3778. View the best growth stocks for 2023 here. Are investors shorting TransAlta Renewables? TransAlta Renewables saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,668,900 shares, a decline of 16.8% from the April 30th total of 2,005,800 shares. Based on an average daily trading volume, of 6,200 shares, the short-interest ratio is currently 269.2 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 Wednesday, August 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 $9.38. 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 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TransAlta Renewables Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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