TransAlta Renewables Company Profile (TSE:RNW)

About TransAlta Renewables

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
  • Exchange: TSE
  • Symbol: RNW
  • CUSIP:
Key Metrics:
  • Previous Close: $14.34
  • 50 Day Moving Average: $14.00
  • 200 Day Moving Average: $12.76
  • Trailing P/E Ratio: 25.66
  • P/E Growth: 29.60
  • Market Cap: $3.25B
  • Outstanding Shares: 224,100,000
Additional Links:

Analyst Ratings

Consensus Ratings for TransAlta Renewables (TSE:RNW) (?)
Ratings Breakdown: 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: C$14.34

Analysts' Ratings History for TransAlta Renewables (TSE:RNW)
DateFirmActionRatingPrice TargetDetails
8/17/2016DesjardinsBoost Price TargetHoldC$13.50 -> C$13.75View Rating Details
8/11/2016Royal Bank Of CanadaBoost Price TargetOutperformC$13.00 -> C$15.00View Rating Details
8/10/2016TD SecuritiesBoost Price TargetBuyC$14.00 -> C$15.00View Rating Details
8/10/2016ScotiabankReiterated RatingSector PerformC$13.50View Rating Details
8/10/2016RBC Capital MarketsBoost Price TargetOutperformC$13.00 -> C$15.00View Rating Details
8/10/2016Raymond James Financial Inc.Lower Price TargetOutperformC$15.25 -> C$14.50View Rating Details
7/20/2016CIBCBoost Price TargetC$13.00 -> C$14.00View Rating Details
7/13/2016National Bank FinancialDowngradeOutperform -> Sector PerformC$13.50 -> C$14.00View Rating Details
4/27/2015MacquarieBoost Price TargetNeutralC$13.00 -> C$14.00View Rating Details
(Data available from 8/25/2014 forward)


Earnings History for TransAlta Renewables (TSE:RNW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/31/2014$0.09$0.05ViewN/AView Earnings Details
5/5/2014$0.13$0.18ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for TransAlta Renewables (TSE:RNW)
Current Year EPS Consensus Estimate: $0.57 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.21$0.21$0.21
Q2 20162$0.17$0.18$0.18
Q3 20162$0.15$0.15$0.15
Q4 20162$0.21$0.23$0.22
Q1 20171$0.24$0.24$0.24
Q2 20171$0.19$0.19$0.19
Q3 20171$0.20$0.20$0.20
Q4 20171$0.26$0.26$0.26
(Data provided by Zacks Investment Research)


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

Insider Trades

Insider Trading History 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)


Latest Headlines for TransAlta Renewables (TSE:RNW)
DateHeadline logoETF’s with exposure to TransAlta Renewables, Inc. : August 22, 2016 (TSE:RNW) - August 22 at 7:05 PM logoThe Case to Buy TransAlta Renewables Inc. Today (TSE:RNW) - August 20 at 11:09 AM logoThe Case to Buy TransAlta Renewables Inc. Today - The Motley Fool Canada (TSE:RNW) - August 19 at 7:02 PM logoTransAlta Renewables, Inc. :RNW-CA: Earnings Analysis: Q2, 2016 By the Numbers : August 19, 2016 (TSE:RNW) - August 19 at 7:02 PM logoTransAlta Renewables Reports Second Quarter 2016 Results (TSE:RNW) - August 9 at 7:28 PM
News IconHow TransAlta Renewables Inc. (TSE:RNW) Can Become the Biggest Beneficiary of TransAlta Corporation's (USA ... - SolarPVInvestor (TSE:RNW) - August 5 at 7:23 PM logoBoost Your Portfolio With TransAlta Renewables Inc. (TSE:RNW) - August 2 at 12:08 PM logoBoost Your Portfolio With TransAlta Renewables Inc. - The Motley Fool Canada (TSE:RNW) - August 1 at 6:57 PM logoOpen Text at 52-Week High on DDR Connection - (TSE:RNW) - July 26 at 7:35 PM logoCash Dividend On The Way From TransAlta Renewables (RNW) - Forbes (TSE:RNW) - July 26 at 7:35 PM logoCash Dividend On The Way From TransAlta Renewables (RNW) (TSE:RNW) - July 26 at 10:33 AM logoRestaurant Brands, Morneau at 52-week Highs - (TSE:RNW) - July 25 at 7:20 PM logo[$$] La Caisse Provides Loan to Canadian Wind Farm (TSE:RNW) - July 21 at 4:58 PM
News IconCould TransAlta Renewables Inc Rise Even More? The Stock Had Another Big Increase Today - Press Telegraph (TSE:RNW) - July 20 at 8:02 PM logoTransAlta Renewables (TSE:RNW) stock price target increased to $14 as disclosed today by National Bank Financial (TSE:RNW) - July 16 at 10:25 AM logoLike Fortis Inc.? Then You’ll Love These 3 Other Power Companies (TSE:RNW) - July 7 at 7:14 PM logo3 Undervalued Income Stocks With Yields of 5-9% (TSE:RNW) - July 6 at 11:50 AM logoETF’s with exposure to TransAlta Renewables, Inc. : July 1, 2016 (TSE:RNW) - July 1 at 6:37 PM logoTransAlta Renewables Named Top 25 Dividend Stock With 6.86% Yield (RNW) (TSE:RNW) - June 29 at 7:04 PM logo4 Top Renewable Energy Stocks With Yields of 4-7% (TSE:RNW) - June 23 at 7:47 PM logoTransAlta Renewables, Inc. – Value Analysis (TORONTO:RNW) : June 21, 2016 (TSE:RNW) - June 21 at 11:35 AM logoETF’s with exposure to TransAlta Renewables, Inc. : June 20, 2016 (TSE:RNW) - June 20 at 3:08 PM logoTransAlta Renewables, Inc. breached its 50 day moving average in a Bearish Manner : RNW-CA : June 20, 2016 (TSE:RNW) - June 20 at 8:45 AM logoIs TransAlta Corporation a Good Investment? (TSE:RNW) - June 17 at 9:52 AM logoWhy TransAlta Renewables Inc. Is on My Watch List (TSE:RNW) - May 31 at 7:29 PM logoIncome Investors: 3 Stocks to Consider Today (TSE:RNW) - May 30 at 8:51 PM
News IconTransAlta Renewables announces pricing of $159 million project financing of a Quebec wind energy asset (TSE:RNW) - May 30 at 8:51 PM logoTransAlta Renewables Announces Pricing of $159 Million Project Financing of a Quebec Wind Asset (TSE:RNW) - May 27 at 6:57 PM
News IconHow Analysts Rated TransAlta Renewables Inc (TSE:RNW) Last Week? - (TSE:RNW) - February 28 at 2:56 PM logoBullish Two Hundred Day Moving Average Cross - TransAlta Renewables - Nasdaq (TSE:RNW) - February 18 at 2:44 PM logoTransAlta Renewables, Inc. Earnings Analysis: 2015 By the Numbers (TSE:RNW) - February 17 at 3:45 PM
News IconWhat Will Happen to TransAlta Renewables Inc Next? The Stock Just Increased A Lot - Sonoran Weekly Review (TSE:RNW) - February 13 at 2:06 PM logoTransAlta Renewables Reports Fourth Quarter and Full Year 2015 Results and Provides Outlook for 2016 (TSE:RNW) - February 11 at 6:09 PM logoExpected Increase of Profit for TransAlta Renewables Inc (RNW) - (TSE:RNW) - February 10 at 1:59 PM logoTransAlta Renewables Inc. (RNW.TO) (TSE:RNW) - January 31 at 11:57 AM logoTransAlta Corporation: This Stock Is a Buy Even After a 78% Dividend Cut - The Motley Fool Canada (TSE:RNW) - January 21 at 6:52 PM logoTransAlta Renewables Inc. Declares 5% Increase in Dividend and Announces the Closing of its Investment in Three Canadian Projects Owned by TransAlta Corporation (TSE:RNW) - January 6 at 5:37 PM logoTransAlta Renewables, Inc. – Value Analysis (TORONTO:RNW) : January 5, 2016 (TSE:RNW) - January 5 at 1:20 PM logoLike Monthly Income? These 3 Stocks Have Yields up to 8.1% (TSE:RNW) - January 5 at 10:45 AM logoTransAlta Renewables Inc. Announces Closing of Subscription Receipt Offering and Over-Allotment Option; Special Meeting to be held on January 6, 2016 (TSE:RNW) - December 2 at 4:36 PM logoIIROC Trade Resumption - RNW.N (TSE:RNW) - December 2 at 8:26 AM logoIIROC Trading Halt - RNW.N (TSE:RNW) - December 2 at 8:14 AM logoTransCanada, Enbridge Among Winners From Alberta's Carbon Policy (TSE:RNW) - November 24 at 12:01 AM


TransAlta Renewables (TSE:RNW) Chart for Thursday, August, 25, 2016

Last Updated on 8/25/2016 by Staff