TSE:ALA - Altagas Stock Price, Forecast & News

Altagas trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ALA."

Altagas announced a monthly dividend on Tuesday, December 10th. Stockholders of record on Friday, December 27th will be paid a dividend of 0.08 per share on Wednesday, January 15th. This represents a $0.96 annualized dividend and a dividend yield of 5.11%. The ex-dividend date is Tuesday, December 24th. View Altagas' Dividend History.

Altagas Ltd (TSE:ALA) posted its earnings results on Wednesday, October, 30th. The company reported ($0.21) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.14) by $0.07. The company earned $888 million during the quarter, compared to analysts' expectations of $998.54 million. View Altagas' Earnings History.

Altagas is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Altagas.

10 Wall Street analysts have issued 1-year price targets for Altagas' stock. Their forecasts range from C$19.00 to C$23.00. On average, they anticipate Altagas' stock price to reach C$21.30 in the next year. This suggests a possible upside of 13.4% from the stock's current price. View Analyst Price Targets for Altagas.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altagas in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altagas.

Media headlines about ALA stock have been trending somewhat positive on Friday, according to InfoTrie. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Altagas earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Altagas.

Some companies that are related to Altagas include Cheniere Energy Partners (CQP), Cheniere Energy (LNG), Inter Pipeline (IPL), Keyera (KEY), Leigh Creek Energy (LCK), Macro Enterprises (MCR), Fulcrum Utility Services (FCRM) and Inter Pipeline (IPPLF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Altagas investors own include Enbridge (ENB), Corus Entertainment (CJR.B), Algonquin Power & Utilities (AQN), Inter Pipeline (IPL), BCE (BCE), Canaccord Genuity Group (CF), Pembina Pipeline (PPL), Toronto-Dominion Bank (TD), Vermilion Energy (VET) and Whitecap Resources (WCP).

Shares of ALA and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

One share of ALA stock can currently be purchased for approximately C$18.78.

Altagas has a market capitalization of C$5.22 billion and generates C$5.69 billion in revenue each year. Altagas employs 2,881 workers across the globe.View Additional Information About Altagas.

The official website for Altagas is http://www.altagas.ca/.

Altagas' mailing address is 1700-355 4 Ave SW, CALGARY, AB T2P 0J1, Canada. The company can be reached via phone at +1-403-6917575.