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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
Black landowner digs in against land grab for oil pipeline
pixel
Opponents suspect environmental racism in pipeline project
GOP pushes bills to allow social media 'censorship' lawsuits
Russia scores points with vaccine diplomacy, but snags arise
pixel
North Macedonia gets first batch of Russia vaccine Sputnik V
Australia ends defense cooperation with Myanmar over coup
Asian shares mixed after US stimulus bill, profit-taking
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
Black landowner digs in against land grab for oil pipeline
pixel
Opponents suspect environmental racism in pipeline project
GOP pushes bills to allow social media 'censorship' lawsuits
Russia scores points with vaccine diplomacy, but snags arise
pixel
North Macedonia gets first batch of Russia vaccine Sputnik V
Australia ends defense cooperation with Myanmar over coup
Asian shares mixed after US stimulus bill, profit-taking
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
Black landowner digs in against land grab for oil pipeline
pixel
Opponents suspect environmental racism in pipeline project
GOP pushes bills to allow social media 'censorship' lawsuits
Russia scores points with vaccine diplomacy, but snags arise
pixel
North Macedonia gets first batch of Russia vaccine Sputnik V
Australia ends defense cooperation with Myanmar over coup
Asian shares mixed after US stimulus bill, profit-taking
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TSE:RNW

TransAlta Renewables Stock Forecast, Price & News

C$18.66
+0.01 (+0.05 %)
(As of 03/5/2021 04:35 PM ET)
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Today's Range
C$18.15
Now: C$18.66▼
C$18.90
50-Day Range
C$18.65
MA: C$21.34▼
C$22.57
52-Week Range
C$10.82
Now: C$18.66▼
C$24.47
Volume889,853 shs
Average Volume739,605 shs
Market CapitalizationC$4.93 billion
P/E Ratio56.89
Dividend Yield5.04%
BetaN/A
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 logo

Headlines

TransAlta Renewables Reports Fourth Quarter and Full Year 2020 Results and Provides Outlook for 2021
March 3, 2021 |  finance.yahoo.com
Can TransAlta Renewables Inc.'s (TSE:RNW) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
December 28, 2020 |  finance.yahoo.com
CANADA STOCKS - TSX rises 0.17% to 17,623.88
December 25, 2020 |  nasdaq.com
TSX rises 0.17% to 17,623.88
December 25, 2020 |  reuters.com
TransAlta Renewables Announces the Acquisition of 303 MW Portfolio including 274 MW of Wind from TransAlta Corporation
December 23, 2020 |  finance.yahoo.com
Will The ROCE Trend At TransAlta Renewables (TSE:RNW) Continue?
November 30, 2020 |  finance.yahoo.com
Enforcement Notice - Decision - IIROC Sanctions Mackie Research Capital Corporation
November 24, 2020 |  finance.yahoo.com
Asante Completes Acquisition of Former Crossley Carpet Factory Expanding its All-in-One Logistic Solutions for Manufacturers
November 5, 2020 |  finance.yahoo.com
TransAlta Renewables Inc. Just Missed Earnings - But Analysts Have Updated Their Models
November 3, 2020 |  finance.yahoo.com
Canadian Shares Down Sharply As Selling Resumes
October 30, 2020 |  nasdaq.com
TransAlta Renewables Reports Third Quarter 2020 Results
October 30, 2020 |  finance.yahoo.com
TransAlta Corporation -- Moody's announces completion of a periodic review of ratings of TransAlta Corporation
October 16, 2020 |  finance.yahoo.com
Investors Interested In TransAlta Renewables Inc.'s (TSE:RNW) Earnings
September 8, 2020 |  finance.yahoo.com
Investors Interested In TransAlta Renewables Inc.'s (TSE:RNW) Earnings
September 8, 2020 |  finance.yahoo.com
Retirees: You Need to Have Another Income Stream to Support OAS and CPP Payments
September 5, 2020 |  msn.com
TransAlta Renewables Reports Second Quarter 2020 Results
July 31, 2020 |  finance.yahoo.com
TFSA Investors: 2 Renewable Energy Stocks to Buy and Forget About
July 11, 2020 |  www.msn.com
TransAlta Renewables Reports Third Quarter 2018 Results
June 15, 2020 |  www.bloomberg.com
TransAlta Renewables Announces $150 Million Bought Deal Offering of Common Shares
June 15, 2020 |  www.bloomberg.com
TransAlta Renewables Inc. Just Missed Earnings And Its EPS Looked Sad - But Analysts Have Updated Their Models
May 14, 2020 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
Current SymbolTSE:RNW
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.transalta.com
Phone+1-403-2677110
EmployeesN/A
Year FoundedN/A

Debt

Debt-to-Equity Ratio35.28
Current Ratio0.98
Quick Ratio0.64

Price-To-Earnings

Trailing P/E Ratio56.89
Forward P/E Ratio23.04
P/E Growth6.68

Sales & Book Value

Annual SalesC$421 million
Price / Sales11.70
Cash FlowC$0.15 per share
Price / Cash Flow125.59
Book ValueC$8.49 per share
Price / Book2.20

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Outstanding Shares264,000,000
Market CapC$4.93 billion
Next Earnings Date5/11/2021 (Estimated)
OptionableNot Optionable

MarketRank™

Overall MarketRank™

1.40 out of 5 stars

Analyst Opinion: 3.1Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
C$18.66
+0.01 (+0.05 %)
(As of 03/5/2021 04:35 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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TransAlta Renewables (TSE:RNW) Frequently Asked Questions

Is TransAlta Renewables a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TransAlta Renewables in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TransAlta Renewables 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 or view top-rated stocks.

What stocks does MarketBeat like better than TransAlta Renewables?

Wall Street analysts have given TransAlta Renewables 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 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' next earnings date?

TransAlta Renewables is scheduled to release its next quarterly earnings announcement on Tuesday, May 11th 2021.
View our earnings forecast for TransAlta Renewables.

How has TransAlta Renewables' stock been impacted by COVID-19 (Coronavirus)?

TransAlta Renewables' stock was trading at C$13.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RNW shares have increased by 33.5% and is now trading at C$18.66.
View which stocks have been most impacted by COVID-19.

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

TransAlta Renewables declared a monthly dividend on Friday, February 12th. Stockholders of record on Friday, February 26th will be given a dividend of 0.0783 per share on Friday, February 26th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date is Friday, February 12th.
View TransAlta Renewables' dividend history.

Is TransAlta Renewables a good dividend stock?

TransAlta Renewables pays an annual dividend of C$0.94 per share and currently has a dividend yield of 5.04%. 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 is 286.57%. Payout ratios above 75% are not desirable because they may not be sustainable.
View TransAlta Renewables' dividend history.

What price target have analysts set for RNW?

8 analysts have issued 1-year price targets for TransAlta Renewables' stock. Their forecasts range from C$19.00 to C$22.00. On average, they expect TransAlta Renewables' stock price to reach C$20.72 in the next year. This suggests a possible upside of 11.1% from the stock's current price.
View analysts' price targets for TransAlta Renewables or view top-rated stocks among Wall Street analysts.

Who are TransAlta Renewables' key executives?

TransAlta Renewables' management team includes the following people:
  • Mr. Todd John Stack, Pres & Director
  • 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' key competitors?

Some companies that are related to TransAlta Renewables include Brookfield Renewable Partners (BEP.UN), Algonquin Power & Utilities (AQN), Uniper (UN01), Northland Power (NPI), Boralex Inc. (BLX.TO) (BLX), Innergex Renewable Energy Inc. (INE.TO) (INE), TransAlta (TA), Encavis AG (CAP.F) (CAP), Drax Group (DRX), ContourGlobal (GLO), Polaris Infrastructure (PIF), PowerHouse Energy Group Plc (PHE.L) (PHE), Spark Power Group (SPG), Aggregated Micro Power (AMPH) and Green & Smart (GSH).
View all of RNW's competitors.

What other stocks do shareholders of TransAlta Renewables own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TransAlta Renewables investors own include Enbridge (ENB), The Bank of Nova Scotia (BNS.TO) (BNS), Pembina Pipeline (PPL), Inter Pipeline (IPL), BCE (BCE), Manulife Financial (MFC), Algonquin Power & Utilities (AQN), The Toronto-Dominion Bank (TD.TO) (TD), ARC Resources (ARX) and Royal Bank of Canada (RY).

What is TransAlta Renewables' stock symbol?

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

How do I buy shares of TransAlta Renewables?

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' stock price today?

One share of RNW stock can currently be purchased for approximately C$18.66.

How much money does TransAlta Renewables make?

TransAlta Renewables has a market capitalization of C$4.93 billion and generates C$421 million in revenue each year.

What is TransAlta Renewables' official website?

The official website for TransAlta Renewables is www.transalta.com.

Where are TransAlta Renewables' headquarters?

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

How can I contact TransAlta Renewables?

TransAlta Renewables' 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 3/8/2021 by MarketBeat.com Staff
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