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 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date of this dividend is Tuesday, December 24th. View Altagas' Dividend History.

Altagas Ltd (TSE:ALA) issued its quarterly earnings data on Wednesday, October, 30th. The company reported ($0.21) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.14) by $0.07. The firm had revenue of $888 million for the quarter, compared to the consensus estimate 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 equities research analysts have issued 12-month 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 twelve months. This suggests a possible upside of 11.9% 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.

News stories about ALA stock have trended extremely negative this week, according to InfoTrie. The research group identifies positive and negative media 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 -5 to 5, with scores nearest to five being the most favorable. Altagas earned a coverage optimism score of -4.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the immediate 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), Toronto-Dominion Bank (TD), Pembina Pipeline (PPL), 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$19.04.

Altagas has a market capitalization of C$5.29 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.