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: Utilities
  • Industry: Diversified Utilities
  • Sub-Industry: N/A
  • Symbol: TSE:RNW
  • CUSIP: N/A
  • Web: www.transalta.com
Capitalization:
  • Market Cap: C$3.42 billion
  • Outstanding Shares: 251,000,000
Average Prices:
  • 50 Day Moving Avg: C$14.26
  • 200 Day Moving Avg: C$15.23
  • 52 Week Range: C$12.66 - C$16.25
P/E:
  • Trailing P/E Ratio: 31.07
  • P/E Growth: 3.49
Sales & Book Value:
  • Annual Revenue: C$362 million
  • Price / Sales: 9.44
  • Book Value: C$9.14 per share
  • Price / Book: 1.49
Dividend:
  • Dividend Yield: 6.5%
Profitability:
  • EBIDTA: C$230 million
  • Net Margins: 20.54%
  • Return on Equity: 4.34%
  • Return on Assets: 2.37%
Misc:
  • Average Volume: 262,360 shs.
  • Short Ratio: 2.79
 

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 declared a monthly dividend on Monday, July 31st. Shareholders of record on Friday, September 1st will be given a dividend of 0.078 per share on Friday, September 29th. This represents a $0.94 dividend on an annualized basis and a yield of 6.88%. The ex-dividend date of this dividend is Wednesday, August 30th. This is a boost from TransAlta Renewables's previous monthly dividend of $0.07. View TransAlta Renewables' Dividend History.

When will TransAlta Renewables make its next earnings announcement?

TransAlta Renewables is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for TransAlta Renewables.

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

5 analysts have issued 12 month price targets for TransAlta Renewables' stock. Their predictions range from C$14.50 to C$16.00. On average, they anticipate TransAlta Renewables' share price to reach C$15.08 in the next twelve months. View Analyst Ratings for TransAlta Renewables.

Who are some of TransAlta Renewables' key competitors?

Who are TransAlta Renewables' key executives?

TransAlta Renewables' management team includes the folowing people:

  • Allen R. Hagerman, Independent Chairman of the Board
  • Brett M. Gellner, President, Designated Chief Executive Officer, Director
  • Donald Tremblay, Chief Financial Officer
  • Aron J. Willis, Senior Vice President - Gas and Renewables and Director
  • Todd John Stack, Managing Director and Corporate Controller
  • John Harry Kousinioris, Corporate Secretary
  • Paul H E Taylor, Non-Independent Director
  • David William Drinkwater, Independent Director
  • Kathryn Ann Bova McQuade, Independent Director

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.

What is TransAlta Renewables' stock price today?

One share of TransAlta Renewables stock can currently be purchased for approximately C$13.61.


MarketBeat Community Rating for TransAlta Renewables (TSE RNW)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  100 (Vote Outperform)
Underperform Votes:  152 (Vote Underperform)
Total Votes:  252
MarketBeat's community ratings are surveys of what our community members think about TransAlta Renewables and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for TransAlta Renewables (TSE:RNW) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$15.08

Analysts' Ratings History for TransAlta Renewables (TSE:RNW)
Show:
DateFirmActionRatingPrice TargetDetails
8/11/2017TD SecuritiesLower Price TargetHoldC$16.00 -> C$15.50View Rating Details
7/20/2017National Bank FinancialReiterated RatingSector Perform Under WeightView Rating Details
4/20/2017Raymond James Financial, Inc.DowngradeOutperform -> Market PerformView 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 9/25/2015 forward)

Earnings

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
10/30/2017        
7/29/2014C$0.09C$0.05C$55.60 millionC$50.01 millionViewN/AView Earnings Details
5/2/2014C$0.13C$0.18C$64.40 millionC$67.97 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TransAlta Renewables (TSE:RNW)
2017 EPS Consensus Estimate: $0.92
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.21$0.26$0.24
Q2 20172$0.17$0.20$0.19
Q3 20172$0.20$0.21$0.21
Q4 20172$0.27$0.31$0.29
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for TransAlta Renewables (TSE RNW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/31/2017Monthly$0.086.61%8/30/20179/1/20179/29/2017
7/28/2017Monthly$0.075.69%7/28/20178/31/20178/31/2017
6/29/2017Monthly$0.075.57%6/29/20177/31/20177/31/2017
4/27/2017Monthly$0.075.61%4/27/20175/31/20175/31/2017
3/30/2017Monthly$0.075.56%3/30/20174/28/20174/28/2017
2/27/2017Monthly$0.075.89%2/27/20173/31/20173/31/2017
1/30/2017Monthly$0.075.92%1/30/20172/28/20172/28/2017
11/29/2016Monthly$0.076.39%11/29/201612/30/201612/30/2016
10/28/2016Monthly$0.075.95%10/28/201611/30/201611/30/2016
9/29/2016Monthly$0.075.94%9/29/201610/31/201610/31/2016
8/30/2016Monthly$0.076.16%8/30/20169/30/20169/30/2016
7/28/2016Monthly$0.076.26%7/28/20168/31/20168/31/2016
6/29/2016Monthly$0.076.86%6/29/20167/29/20167/29/2016
5/27/2016Monthly$0.077.03%5/27/20166/30/20166/30/2016
4/28/2016Monthly$0.076.9%4/28/20165/31/20165/31/2016
3/30/2016Monthly$0.077.03%3/30/20164/29/20164/29/2016
2/26/2016Monthly$0.077.79%2/26/20163/31/20163/31/2016
1/28/2016Monthly$0.079.47%1/28/20162/29/20162/29/2016
12/30/2015Monthly$0.077.95%12/30/20151/29/20161/29/2016
11/27/2015Monthly$0.078.22%11/27/201512/31/201512/31/2015
10/29/2015Monthly$0.077.97%10/29/201511/30/201511/30/2015
9/29/2015Monthly$0.078.32%9/29/201510/30/201510/30/2015
8/28/2015Monthly$0.077.51%8/28/20159/30/20159/30/2015
7/30/2015Monthly$0.076.8%7/30/20158/31/20158/31/2015
6/29/2015Monthly$0.076.59%6/29/20157/31/20157/31/2015
5/28/2015Monthly$0.076.64%5/28/20156/30/20156/30/2015
4/29/2015Monthly$0.066.01%4/29/20155/29/20155/29/2015
3/30/2015Monthly$0.066.08%3/30/20154/30/20154/30/2015
2/26/2015Monthly$0.065.85%2/26/20153/31/20153/31/2015
1/29/2015Monthly$0.065.99%1/29/20152/27/20152/27/2015
12/30/2014Monthly$0.066.74%12/30/20141/30/20151/30/2015
10/31/2014quarterly$0.066.36%11/26/201412/1/201412/31/2014
10/30/2014Monthly$0.066.28%10/30/201411/28/201411/28/2014
9/29/2014Monthly$0.066.56%9/29/201410/31/201410/31/2014
7/28/2014sep 14$0.066.54%8/28/20149/2/20149/30/2014
6/30/2014Monthly$0.066.54%6/30/20147/31/20147/31/2014
5/2/2014jun 14$0.066.74%5/29/20146/2/20146/30/2014
2/13/2014quarterly$0.066.87%4/29/20145/1/20145/30/2014
1/30/2014Monthly$0.066.84%1/30/20142/28/20142/28/2014
12/20/2013dec 13$0.062/3/20142/28/2014
11/28/2013Monthly$0.067.06%11/28/201312/31/201312/31/2013
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)

Headlines

Headline Trends for TransAlta Renewables (TSE:RNW)
Latest Headlines for TransAlta Renewables (TSE:RNW)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to TransAlta Renewables, Inc. : September 22, 2017
finance.yahoo.com - September 22 at 4:57 PM
americanbankingnews.com logoTransAlta Renewables Inc (RNW) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 12 at 6:46 PM
finance.yahoo.com logoETFs with exposure to TransAlta Renewables, Inc. : August 28, 2017
finance.yahoo.com - August 29 at 7:20 AM
fool.ca logoRetirees: 3 Top Canadian Income Stocks Yielding 4-6.5% - The Motley Fool Canada
www.fool.ca - August 20 at 12:18 PM
finance.yahoo.com logoETFs with exposure to TransAlta Renewables, Inc. : August 18, 2017
finance.yahoo.com - August 19 at 7:07 AM
americanbankingnews.com logoTransAlta Renewables Inc (RNW) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 18 at 6:32 PM
americanbankingnews.com logoNational Bank Financial Analysts Decrease Earnings Estimates for TransAlta Renewables Inc (RNW)
www.americanbankingnews.com - August 14 at 4:24 AM
finance.yahoo.com logoTransAlta Renewables, Inc. :RNW-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 11, 2017
finance.yahoo.com - August 12 at 7:29 AM
americanbankingnews.com logoTransAlta Renewables Inc (RNW) Price Target Lowered to C$15.50 at TD Securities
www.americanbankingnews.com - August 11 at 3:08 PM
americanbankingnews.com logoNational Bank Financial Analysts Boost Earnings Estimates for TransAlta Renewables Inc (TSE:RNW)
www.americanbankingnews.com - August 11 at 8:12 AM
finance.yahoo.com logoTransAlta Renewables Reports Second Quarter 2017 Results
finance.yahoo.com - August 10 at 7:31 AM
finance.yahoo.com logoTransAlta Renewables, Inc. :RNW-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 5 at 6:40 AM
finance.yahoo.com logoTransAlta and TransAlta Renewables Provide Update on the Status of Commercial Operations at South Hedland Power Station
finance.yahoo.com - August 3 at 2:03 AM
americanbankingnews.com logoTransAlta Renewables Inc (TSE:RNW) Declares Dividend Increase - $0.08 Per Share
www.americanbankingnews.com - August 1 at 11:26 AM
americanbankingnews.com logoTransAlta Renewables Inc (TSE:RNW) to Release Earnings on Tuesday
www.americanbankingnews.com - August 1 at 7:17 AM
finance.yahoo.com logoTransAlta and TransAlta Renewables Provide Update on the Status of Commercial Operations at South Hedland Power Station
finance.yahoo.com - August 1 at 6:02 AM
nasdaq.com logoTransAlta Renewables Named Top 25 Dividend Stock With 6.05% Yield
www.nasdaq.com - July 29 at 6:49 AM
finance.yahoo.com logoTransAlta Renewables Announces Commissioning of the South Hedland Power Station and a 7% Dividend Increase
finance.yahoo.com - July 28 at 7:24 AM
finance.yahoo.com logoETFs with exposure to TransAlta Renewables, Inc. : July 24, 2017
finance.yahoo.com - July 25 at 5:48 AM
americanbankingnews.com logoTransAlta Renewables Inc (TSE:RNW) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 24 at 6:50 PM
americanbankingnews.com logoTransAlta Renewables Inc (TSE:RNW) Expected to Earn Q2 2017 Earnings of $0.17 Per Share
www.americanbankingnews.com - July 24 at 7:04 AM
americanbankingnews.com logoTransAlta Renewables Inc (RNW) to Issue $0.07 Monthly Dividend
www.americanbankingnews.com - July 23 at 7:51 AM
fool.ca logoA Top Renewable Energy Stock With a Safe 6% Yield
www.fool.ca - July 22 at 8:20 AM
americanbankingnews.com logoTransAlta Renewables Inc (TSE:RNW) Rating Reiterated by National Bank Financial
www.americanbankingnews.com - July 22 at 7:24 AM
finance.yahoo.com logoETFs with exposure to TransAlta Renewables, Inc. : July 14, 2017
finance.yahoo.com - July 15 at 8:07 AM
finance.yahoo.com logoTransAlta Renewables, Inc. breached its 50 day moving average in a Bearish Manner : RNW-CA : July 13, 2017
finance.yahoo.com - July 14 at 7:57 AM
finance.yahoo.com logoTransAlta Renewables, Inc. – Value Analysis (TORONTO:RNW) : June 28, 2017
finance.yahoo.com - June 29 at 6:36 AM
americanbankingnews.com logoTransAlta Renewables Inc (RNW) Plans Monthly Dividend of $0.07
www.americanbankingnews.com - June 28 at 6:24 PM
finance.yahoo.com logoTransAlta Renewables, Inc. breached its 50 day moving average in a Bearish Manner : RNW-CA : June 27, 2017
finance.yahoo.com - June 27 at 7:40 PM
americanbankingnews.com logoTransAlta Renewables Inc (RNW) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - June 27 at 4:08 PM
finance.yahoo.com logoResearch Initiated on Utilities Stocks: Brookfield Renewable Partners, TransAlta Renewables, Boralex, and Northland Power
finance.yahoo.com - June 19 at 9:58 AM
finance.yahoo.com logoTransAlta Renewables, Inc. breached its 50 day moving average in a Bearish Manner : RNW-CA : June 16, 2017
finance.yahoo.com - June 16 at 9:25 AM
finance.yahoo.com logoTransAlta Renewables, Inc. breached its 50 day moving average in a Bearish Manner : RNW-CA : June 16, 2017
finance.yahoo.com - June 16 at 9:25 AM
fool.ca logoContrarian Investors: Cameco Corp. (USA) vs. TransAlta ... - The Motley Fool Canada
www.fool.ca - June 7 at 7:38 PM
americanbankingnews.com logoTransAlta Renewables Inc (RNW) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - June 2 at 8:48 AM
finance.yahoo.com logoTransAlta Renewables, Inc. breached its 50 day moving average in a Bearish Manner : RNW-CA : May 30, 2017
finance.yahoo.com - May 30 at 9:30 AM
fool.ca logoContrarian Investors: Should You Buy TransAlta Corporation Today?
www.fool.ca - May 23 at 6:57 PM
finance.yahoo.com logoTransAlta Renewables, Inc. breached its 50 day moving average in a Bearish Manner : RNW-CA : May 15, 2017
finance.yahoo.com - May 15 at 6:48 PM
fool.ca logo2 Energy Stocks Yielding 3-6% to Buy in May
www.fool.ca - May 9 at 7:06 PM
finance.yahoo.com logoTransAlta Renewables, Inc. – Value Analysis (TORONTO:RNW) : May 8, 2017
finance.yahoo.com - May 8 at 6:56 PM
americanbankingnews.com logoTransAlta Renewables Inc (RNW) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 8 at 11:14 AM
americanbankingnews.com logoNational Bank Financial Research Analysts Reduce Earnings Estimates for TransAlta Renewables Inc (RNW)
www.americanbankingnews.com - May 8 at 9:40 AM
finance.yahoo.com logoTransAlta Renewables, Inc. breached its 50 day moving average in a Bearish Manner : RNW-CA : May 5, 2017
finance.yahoo.com - May 5 at 7:49 PM
finance.yahoo.com logoTransAlta Renewables Inc. Reports on Voting Results From The 2017 Annual Meeting of Shareholders
finance.yahoo.com - May 4 at 7:50 PM
americanbankingnews.com logoTransAlta Renewables Inc (RNW) Downgraded to Hold at TD Securities
www.americanbankingnews.com - May 4 at 4:10 PM
finance.yahoo.com logoTransAlta Renewables Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 7:23 PM
americanbankingnews.com logoTransAlta Renewables Inc (RNW) Announces $0.07 Monthly Dividend
www.americanbankingnews.com - April 26 at 7:06 PM
americanbankingnews.com logoRaymond James Financial, Inc. Downgrades TransAlta Renewables Inc (RNW) to Market Perform
www.americanbankingnews.com - April 20 at 3:14 PM
americanbankingnews.com logoTransAlta Renewables Inc (RNW) Given New C$15.00 Price Target at National Bank Financial
www.americanbankingnews.com - April 17 at 7:22 AM
americanbankingnews.com logoTransAlta Renewables Inc Forecasted to Post FY2017 Earnings of $0.89 Per Share (RNW)
www.americanbankingnews.com - April 13 at 10:33 AM

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Chart

TransAlta Renewables (RNW) Chart for Monday, September, 25, 2017

This page was last updated on 9/25/2017 by MarketBeat.com Staff