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 Thursday, October 10th. Stockholders of record on Friday, October 25th will be paid a dividend of 0.08 per share on Friday, November 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date of this dividend is Thursday, October 24th. View Altagas' Dividend History.

Altagas Ltd (TSE:ALA) announced its earnings results on Thursday, July, 27th. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The firm earned $539 million during the quarter, compared to analyst estimates of $633.11 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 brokers have issued 12 month price objectives for Altagas' stock. Their forecasts range from C$19.00 to C$23.00. On average, they anticipate Altagas' share price to reach C$21.30 in the next year. This suggests a possible upside of 6.5% 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 trended very negative on Friday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Altagas earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the company's share price in the next few days. 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 Corus Entertainment (CJR.B), Enbridge (ENB), Algonquin Power & Utilities (AQN), Inter Pipeline (IPL), BCE (BCE), Canaccord Genuity Group (CF), Toronto-Dominion Bank (TD), Vermilion Energy (VET), Pembina Pipeline (PPL) 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$20.00.

Altagas has a market capitalization of C$5.56 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.