TransAlta Renewables Company Profile (TSE:RNW)

About TransAlta Renewables (TSE:RNW)

TransAlta Renewables logoTransAlta Renewables Inc is a Canada-based company engaged in developing, owning and operating renewable power generation facilities. The Company owns and operates over 10 hydro facilities and approximately 20 wind farms in Western and Eastern Canada with a total installed capacity of approximately 1,140 megawatts (MW) and holds economic interest in approximately 140 MW Wyoming Wind Farm and approximately 420 MW Australian gas-fired generation assets, as well as over 270 kilometers gas pipeline. The Company also owns economic interests in Sarnia cogeneration plant, Le Nordais wind farm and Ragged Chute hydro facility totaling approximately 610 MW of contracted power generation assets located in Ontario and Quebec. The Company's subsidiaries include Canadian Hydro Developers, Inc. and Western Sustainable Power Inc.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:RNW
  • CUSIP: N/A
  • Web: N/A
  • Market Cap: C$3.54 billion
  • Outstanding Shares: 224,000,000
Average Prices:
  • 50 Day Moving Avg: C$15.74
  • 200 Day Moving Avg: C$14.84
  • 52 Week Range: C$12.46 - C$16.25
  • Trailing P/E Ratio: 58.10
  • P/E Growth: 3.88
Sales & Book Value:
  • Annual Revenue: C$303 million
  • Price / Sales: 11.68
  • Book Value: C$9.04 per share
  • Price / Book: 1.75
  • Dividend Yield: 5.6%
  • EBIDTA: C$200 million
  • Average Volume: 230,869 shs.
  • Short Ratio: 11.19

Frequently Asked Questions for TransAlta Renewables (TSE:RNW)

What is TransAlta Renewables' stock symbol?

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

How often does TransAlta Renewables pay dividends? What is the dividend yield for TransAlta Renewables?

TransAlta Renewables announced a monthly dividend on Thursday, April 27th. Stockholders of record on Wednesday, May 31st will be given a dividend of 0.0733 per share on Wednesday, May 31st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.57%. The ex-dividend date of this dividend is Thursday, April 27th. View TransAlta Renewables' Dividend History.

Where is TransAlta Renewables' stock going? Where will TransAlta Renewables' stock price be in 2017?

6 analysts have issued 12 month target prices for TransAlta Renewables' shares. Their forecasts range from C$14.50 to C$16.00. On average, they expect TransAlta Renewables' stock price to reach C$15.14 in the next year. View Analyst Ratings for TransAlta Renewables.

Who are some of TransAlta Renewables' key competitors?

How do I buy TransAlta Renewables stock?

Shares of TransAlta Renewables 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.

How much does a share of TransAlta Renewables stock cost?

One share of TransAlta Renewables stock can currently be purchased for approximately C$15.80.

Analyst Ratings

Consensus Ratings for TransAlta Renewables (TSE:RNW) (?)
Ratings Breakdown: 6 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$15.14

Analysts' Ratings History for TransAlta Renewables (TSE:RNW)
DateFirmActionRatingPrice TargetDetails
5/4/2017TD SecuritiesDowngradeBuy -> HoldC$15.00 -> C$16.00View Rating Details
4/20/2017Raymond James Financial, Inc.DowngradeOutperform -> Market PerformView Rating Details
4/11/2017National Bank FinancialBoost Price TargetC$14.50 -> C$15.00View Rating Details
3/9/2017ScotiabankBoost Price TargetSector PerformC$14.00 -> C$15.00View Rating Details
3/8/2017DesjardinsReiterated RatingHoldC$14.50View Rating Details
2/9/2017CIBCBoost Price TargetC$14.00 -> C$14.50View Rating Details
11/22/2016Royal Bank of CanadaReiterated RatingSector PerformView Rating Details
(Data available from 5/25/2015 forward)


Earnings History for TransAlta Renewables (TSE:RNW)
Earnings by Quarter for TransAlta Renewables (TSE:RNW)
Earnings History by Quarter for TransAlta Renewables (TSE:RNW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/29/2014$0.09$0.05$55.60 million$50.01 millionViewN/AView Earnings Details
5/2/2014$0.13$0.18$64.40 million$67.97 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for TransAlta Renewables (TSE:RNW)
2017 EPS Consensus Estimate: $0.91
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.21$0.26$0.24
Q2 20172$0.16$0.20$0.18
Q3 20172$0.19$0.21$0.20
Q4 20172$0.27$0.32$0.30
(Data provided by Zacks Investment Research)


Dividend History by Quarter for TransAlta Renewables (TSE:RNW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2014sep 14$0.066.54%8/28/20149/2/20149/30/2014
5/2/2014jun 14$0.066.74%5/29/20146/2/20146/30/2014
12/20/2013dec 13$0.062/3/20142/28/2014
11/1/2013jan 14$0.061/2/20141/31/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for TransAlta Renewables (TSE:RNW)
Insider Trades by Quarter for TransAlta Renewables (TSE:RNW)
Insider Trades by Quarter for TransAlta Renewables (TSE:RNW)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/18/2016David William DrinkwaterDirectorBuy500C$11.28C$5,640.00
(Data available from 1/1/2013 forward)


Headline Trends for TransAlta Renewables (TSE:RNW)
Latest Headlines for TransAlta Renewables (TSE:RNW)
DateHeadline logoContrarian Investors: Should You Buy TransAlta Corporation Today? - May 23 at 6:57 PM logoTransAlta Renewables, Inc. breached its 50 day moving average in a Bearish Manner : RNW-CA : May 15, 2017 - May 15 at 6:48 PM logo2 Energy Stocks Yielding 3-6% to Buy in May - May 9 at 7:06 PM logoTransAlta Renewables, Inc. – Value Analysis (TORONTO:RNW) : May 8, 2017 - May 8 at 6:56 PM logoTransAlta Renewables Inc (RNW) Given Average Rating of "Hold" by Brokerages - May 8 at 11:14 AM logoNational Bank Financial Research Analysts Reduce Earnings Estimates for TransAlta Renewables Inc (RNW) - May 8 at 9:40 AM logoTransAlta Renewables, Inc. breached its 50 day moving average in a Bearish Manner : RNW-CA : May 5, 2017 - May 5 at 7:49 PM logoTransAlta Renewables Inc. Reports on Voting Results From The 2017 Annual Meeting of Shareholders - May 4 at 7:50 PM logoTransAlta Renewables Inc (RNW) Downgraded to Hold at TD Securities - May 4 at 4:10 PM logoTransAlta Renewables Reports First Quarter 2017 Results - May 3 at 7:23 PM logoTransAlta Renewables Inc (RNW) Announces $0.07 Monthly Dividend - April 26 at 7:06 PM logoRaymond James Financial, Inc. Downgrades TransAlta Renewables Inc (RNW) to Market Perform - April 20 at 3:14 PM logoTransAlta Renewables Inc (RNW) Given New C$15.00 Price Target at National Bank Financial - April 17 at 7:22 AM logoTransAlta Renewables Inc Forecasted to Post FY2017 Earnings of $0.89 Per Share (RNW) - April 13 at 10:33 AM logoTransAlta Renewables Inc Forecasted to Earn Q4 2017 Earnings of $0.32 Per Share (RNW) - April 12 at 1:01 PM logoTransAlta Renewables Inc (RNW) Price Target Raised to C$15.00 - April 11 at 2:07 PM logoCANADA STOCKS-TSX futures indicate slightly higher open - April 11 at 9:56 AM logoTransAlta Renewables Inc (RNW) Given Average Recommendation of "Hold" by Analysts - April 11 at 9:09 AM logoMedia Advisory: TransAlta Renewables First Quarter 2017 Results and Annual Meeting of Shareholders - April 7 at 7:56 PM logoTransAlta Renewables Inc (RNW) Announces Monthly Dividend of C$0.07 - March 29 at 6:44 PM logoContrarian Investors: Is This Former Dividend Star Oversold? - The Motley Fool Canada - March 15 at 7:48 PM logoTransAlta Renewables Reports Fourth Quarter and Full Year 2016 Results and Provides Outlook for 2017 - March 8 at 12:27 AM logoTransAlta Corporation (USA): Time to Buy This Unloved Stock? | The ... - The Motley Fool Canada - March 7 at 9:23 AM logoInvestors: Will You Miss Out on the Opportunity of a Lifetime? - The Motley Fool Canada - January 30 at 8:24 PM logoTransAlta vs. TransAlta Renewables: Which Utility Provides The Better Dividend? - - December 20 at 2:20 PM



TransAlta Renewables (RNW) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by Staff