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S&P 500   3,925.43
DOW   31,961.86
QQQ   324.13
S&P 500   3,925.43
DOW   31,961.86
QQQ   324.13
S&P 500   3,925.43
DOW   31,961.86
QQQ   324.13
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TransAlta Renewables Inc. (RNW.TO) Stock Forecast, Price & News

-0.04 (-0.20 %)
(As of 02/24/2021 12:00 AM ET)
Today's Range
Now: C$20.39
50-Day Range
MA: C$21.96
52-Week Range
Now: C$20.39
Volume513,069 shs
Average Volume722,489 shs
Market CapitalizationC$5.43 billion
P/E Ratio62.16
Dividend Yield4.60%
TransAlta Renewables Inc. develops, owns, and operates renewable power generation facilities. As of February 28, 2020, it owned and operated 23 wind facilities, 13 hydroelectric facilities, seven natural gas generation facilities, one solar facility, and one natural gas pipeline comprising an ownership interest of 2,527 megawatts of generating capacity located in the provinces of British Columbia, Alberta, Ontario, Québec, and New Brunswick; and the States of Wyoming, Massachusetts, and Minnesota, as well as the State of Western Australia. The company was founded in 2013 and is headquartered in Calgary, Canada. TransAlta Renewables Inc. is a subsidiary of TransAlta Corporation.
TransAlta Renewables Inc. (RNW.TO) logo

Industry, Sector and Symbol

Industry Utilities - Independent Power Producers
Year FoundedN/A



Sales & Book Value

Annual SalesC$421 million
Cash FlowC$0.16 per share
Book ValueC$8.49 per share



Market CapC$5.43 billion
Next Earnings Date2/26/2021 (Estimated)
OptionableNot Optionable


Overall MarketRank

1.19 out of 5 stars

Analyst Opinion: 2.1Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
-0.04 (-0.20 %)
(As of 02/24/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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TransAlta Renewables Inc. (RNW.TO) (TSE:RNW) Frequently Asked Questions

Is TransAlta Renewables Inc. (RNW.TO) a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransAlta Renewables Inc. (RNW.TO) in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TransAlta Renewables Inc. (RNW.TO) stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RNW, but not buy additional shares or sell existing shares.
View analyst ratings for TransAlta Renewables Inc. (RNW.TO)
or view top-rated stocks.

What stocks does MarketBeat like better than TransAlta Renewables Inc. (RNW.TO)?

Wall Street analysts have given TransAlta Renewables Inc. (RNW.TO) a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TransAlta Renewables Inc. (RNW.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is TransAlta Renewables Inc. (RNW.TO)'s next earnings date?

TransAlta Renewables Inc. (RNW.TO) is scheduled to release its next quarterly earnings announcement on Friday, February 26th 2021.
View our earnings forecast for TransAlta Renewables Inc. (RNW.TO)

How has TransAlta Renewables Inc. (RNW.TO)'s stock been impacted by COVID-19?

TransAlta Renewables Inc. (RNW.TO)'s stock was trading at C$13.98 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RNW shares have increased by 45.9% and is now trading at C$20.39.
View which stocks have been most impacted by COVID-19

How often does TransAlta Renewables Inc. (RNW.TO) pay dividends? What is the dividend yield for TransAlta Renewables Inc. (RNW.TO)?

TransAlta Renewables Inc. (RNW.TO) announced a monthly dividend on Friday, February 12th. Shareholders of record on Friday, February 26th will be paid a dividend of 0.0783 per share on Friday, February 26th. This represents a $0.94 dividend on an annualized basis and a yield of 4.61%. The ex-dividend date of this dividend is Friday, February 12th.
View TransAlta Renewables Inc. (RNW.TO)'s dividend history

Is TransAlta Renewables Inc. (RNW.TO) a good dividend stock?

TransAlta Renewables Inc. (RNW.TO) pays an annual dividend of C$0.94 per share and currently has a dividend yield of 4.60%. RNW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of TransAlta Renewables Inc. (RNW.TO) is 286.59%. Payout ratios above 75% are not desirable because they may not be sustainable.
View TransAlta Renewables Inc. (RNW.TO)'s dividend history.

What price target have analysts set for RNW?

8 brokers have issued 12 month price objectives for TransAlta Renewables Inc. (RNW.TO)'s shares. Their forecasts range from C$17.00 to C$24.00. On average, they expect TransAlta Renewables Inc. (RNW.TO)'s stock price to reach C$20.44 in the next year. This suggests a possible upside of 0.3% from the stock's current price.
View analysts' price targets for TransAlta Renewables Inc. (RNW.TO)
or view top-rated stocks among Wall Street analysts.

Who are TransAlta Renewables Inc. (RNW.TO)'s key executives?

TransAlta Renewables Inc. (RNW.TO)'s management team includes the following people:
  • Mr. John Harry Kousinioris, Pres & Corp. Director (Age 56, Pay $400.82k)
  • Mr. Brent Ward, Chief Financial Officer
  • Mr. Aron John Willis, Sr. VP of Growth & Commercial (Age 46, Pay $229.99k)
  • Mr. Scott T. Jeffers, Corp. Sec.
  • Ms. Kathryn Elizabeth Higgins, MD & Corp. Controller
  • Ms. Sally Taylor, Mang. of Investor Relations

Who are some of TransAlta Renewables Inc. (RNW.TO)'s key competitors?

What other stocks do shareholders of TransAlta Renewables Inc. (RNW.TO) own?

What is TransAlta Renewables Inc. (RNW.TO)'s stock symbol?

TransAlta Renewables Inc. (RNW.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "RNW."

How do I buy shares of TransAlta Renewables Inc. (RNW.TO)?

Shares of RNW and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is TransAlta Renewables Inc. (RNW.TO)'s stock price today?

One share of RNW stock can currently be purchased for approximately C$20.39.

How much money does TransAlta Renewables Inc. (RNW.TO) make?

TransAlta Renewables Inc. (RNW.TO) has a market capitalization of C$5.43 billion and generates C$421 million in revenue each year.

What is TransAlta Renewables Inc. (RNW.TO)'s official website?

The official website for TransAlta Renewables Inc. (RNW.TO) is www.transalta.com.

Where are TransAlta Renewables Inc. (RNW.TO)'s headquarters?

TransAlta Renewables Inc. (RNW.TO) is headquartered at 110 12th Avenue SW, Stn M PO Box 1900, CALGARY, AB T2P 2M1, Canada.

How can I contact TransAlta Renewables Inc. (RNW.TO)?

TransAlta Renewables Inc. (RNW.TO)'s mailing address is 110 12th Avenue SW, Stn M PO Box 1900, CALGARY, AB T2P 2M1, Canada. The company can be reached via phone at +1-403-2677110.

This page was last updated on 2/25/2021 by MarketBeat.com Staff

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