Should I buy or sell TransAlta Renewables stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TransAlta Renewables in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street 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 target for 2024?

1 analysts have issued 12 month price targets for TransAlta Renewables' stock. Their TRSWF share price targets range from $20.00 to $22.00. On average, they expect the company's share price to reach $21.00 in the next year. This suggests a possible upside of 129.5% 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 2024?

TransAlta Renewables' stock was trading at $9.15 on January 1st, 2024. Since then, TRSWF stock has increased by 0.0% and is now trading at $9.15. View the best growth stocks for 2024 here .

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.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:TRSWF

TransAlta Renewables (TRSWF) Stock Price, News & Analysis

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$9.15

+0.25 (+2.81%)

(As of 10/10/2023)

Compare

Today's Range: $9.14
▼
$9.21
50-Day Range: $9.15
▼
$9.15
52-Week Range: $7.78
▼
$10.88

Volume: 28,900 shs
Average Volume: 8,885 shs
Market Capitalization: N/A

P/E Ratio: 24.68
Dividend Yield: 9.04%
Price Target: $21.00

Stock Analysis Analyst Forecasts

Get TransAlta Renewables alerts:

TransAlta Renewables MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 129.5% Upside
$21.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.63 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
TransAlta Renewables has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
TransAlta Renewables has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for TRSWF.

1.7

Dividend Strength

Dividend Leadership
TransAlta 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 Growth
TransAlta Renewables does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of TransAlta Renewables is 223.16%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TRSWF.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for TransAlta Renewables this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for TRSWF on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TransAlta Renewables insiders have not sold or bought any company stock.
Percentage Held by Institutions
75.93% of the stock of TransAlta Renewables is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of TransAlta Renewables is 24.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.16.
Price to Earnings Ratio vs. Sector
The P/E ratio of TransAlta Renewables is 24.68, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 78.42.

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About TransAlta Renewables Stock (OTCMKTS:TRSWF)

TransAlta 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.

TRSWF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TRSWF Stock News Headlines

April 16, 2024 | americanbankingnews.com

TransAlta Renewables (OTCMKTS:TRSWF) Stock Price Up 2.8%

March 20, 2024 | seekingalpha.com

VSTE Vast Renewables Limited

April 16, 2024 | Darwin (Ad)

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October 6, 2023 | finance.yahoo.com

TransAlta (TAC) Closes Acquisition of TransAlta Renewables

September 26, 2023 | finance.yahoo.com

TransAlta Renewables Inc. Approves Arrangement with TransAlta Corporation

September 13, 2023 | finance.yahoo.com

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders Vote "FOR" TransAlta Renewables' Plan of Arrangement with TransAlta Corporation

August 17, 2023 | finance.yahoo.com

TRSWF - TransAlta Renewables Inc.

August 3, 2023 | finance.yahoo.com

TransAlta Renewables Reports Second Quarter 2023 Results

April 16, 2024 | Darwin (Ad)

Your Next Portfolio Star: Revealing 2024's Top Stock Pick

July 11, 2023 | financialpost.com

TransAlta signs deal to acquire all of TransAlta Renewables worth $1.3 billion

July 11, 2023 | finance.yahoo.com

CANADA STOCKS-Energy, tech boosts TSX ahead of BoC decision, U.S. inflation data

May 4, 2023 | finance.yahoo.com

TransAlta Renewables Inc. Reports on Voting Results from the 2023 Annual General Meeting of Shareholders

April 14, 2023 | finance.yahoo.com

Is There An Opportunity With TransAlta Renewables Inc.'s (TSE:RNW) 50% Undervaluation?

April 11, 2023 | finance.yahoo.com

Media Advisory: TransAlta and TransAlta Renewables Annual Meetings of Shareholders and First Quarter 2023 Results and Conference Call

March 8, 2023 | finance.yahoo.com

3 Monthly Dividend Stocks Paying Investors Each Month

March 2, 2023 | seekingalpha.com

TRSWF TransAlta Renewables Inc.

February 26, 2023 | theglobeandmail.com

TransAlta reports $163-million quarterly loss, revenue up 40% from year ago

January 13, 2023 | msn.com

TransAlta Renewables declares C$0.0783 dividend

January 7, 2023 | finance.yahoo.com

Investors who have held TransAlta Renewables (TSE:RNW) over the last year have watched its earnings decline along with their investment

November 4, 2022 | finance.yahoo.com

TransAlta Renewables Reports Third Quarter 2022 Results

August 23, 2022 | finance.yahoo.com

TransAlta Renewables Announces IESO Contracts at Sarnia and Melancthon 1

July 31, 2022 | finance.yahoo.com

Despite 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.com

Correction Notice to Media Advisory Regarding Release Date of TransAlta Renewables Second Quarter 2022 Results

July 6, 2022 | finance.yahoo.com

Media Advisory: TransAlta and TransAlta Renewables Second Quarter 2022 Results and Conference Call

June 2, 2022 | seekingalpha.com

TransAlta Renewables gets bondholder waiver for New Brunswick turbine project

June 2, 2022 | msn.com

TransAlta Renewables Reveals Rehabilitation Plan For Kent Hills

June 2, 2022 | finance.yahoo.com

TransAlta Renewables Announces Rehabilitation Plan for Kent Hills, Executes 10-year Contract Extension with New Brunswick Power, and Receives Waiver from Project Bondholders

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Utilities
Industry: Utilities - Renewable
Sub-Industry: N/A
Current Symbol: OTCMKTS:TRSWF
CUSIP: N/A
CIK: N/A
Web: www.transaltarenewables.com
Phone: (403) 267-7110
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $21.00
High Stock Price Target: $22.00
Low Stock Price Target: $20.00
Potential Upside/Downside: +129.5%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 24.68
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Todd John Stack (Age 56)
Pres & Non-Independent Director
Comp: $390.49k
Mr. Brent V. Ward
Chief Financial Officer
Mr. Aron John Willis (Age 48)
Exec. Vice-Pres of Growth
Comp: $294.13k
Mr. Scott T. Jeffers
VP & Corp. Sec.
Ms. Sally Taylor
Mang. of Investor Relations
Ms. Michelle Cameron
VP & Corp. Controller
Chad Macy
Sr. Environmental Advisor

Key Competitors

View All Competitors

TRSWF Stock Analysis - Frequently Asked Questions

Should I buy or sell TransAlta Renewables stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TransAlta Renewables in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street 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 target for 2024?: 1 analysts have issued 12 month price targets for TransAlta Renewables' stock. Their TRSWF share price targets range from $20.00 to $22.00. On average, they expect the company's share price to reach $21.00 in the next year. This suggests a possible upside of 129.5% 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 2024?: TransAlta Renewables' stock was trading at $9.15 on January 1st, 2024. Since then, TRSWF stock has increased by 0.0% and is now trading at $9.15.
View the best growth stocks for 2024 here.

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.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:TRSWF) was last updated on 4/16/2024 by MarketBeat.com Staff

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TransAlta Renewables (TRSWF) Stock Price, News & Analysis