S&P 500   3,957.63
DOW   33,852.53
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Three Reasons It’s Time To Get Bullish On Organigram
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The AP Interview: IMF head urges China to end mass lockdowns
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183 Pounds of Copper for Just ONE EV (Ad)
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US stocks edge lower in unsteady trading, oil prices rise
183 Pounds of Copper for Just ONE EV (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
183 Pounds of Copper for Just ONE EV (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
183 Pounds of Copper for Just ONE EV (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
183 Pounds of Copper for Just ONE EV (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
183 Pounds of Copper for Just ONE EV (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
183 Pounds of Copper for Just ONE EV (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
183 Pounds of Copper for Just ONE EV (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
183 Pounds of Copper for Just ONE EV (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
183 Pounds of Copper for Just ONE EV (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
183 Pounds of Copper for Just ONE EV (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
TSE:RNW

TransAlta Renewables - RNW Stock Forecast, Price & News

C$14.15
-0.08 (-0.56%)
(As of 11/29/2022 12:00 AM ET)
Add
Compare
Today's Range
C$14.09
C$14.25
50-Day Range
C$12.71
C$16.21
52-Week Range
C$12.26
C$19.45
Volume
261,577 shs
Average Volume
448,533 shs
Market Capitalization
C$3.78 billion
P/E Ratio
48.79
Dividend Yield
6.61%
Price Target
C$17.05
RNW stock logo

About TransAlta Renewables (TSE:RNW) Stock

TransAlta Renewables Inc. develops, owns, and operates renewable power generation facilities. The company operates through Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australian Gas segments. As of February 24, 2022, it owned and operated 26 wind facilities, 13 hydroelectric facilities, 8 natural gas generation facilities, 2 solar facilities, 1 natural gas pipeline, and 1 battery storage project comprising 2,968 megawatts of net generating capacity located in the provinces of British Columbia, Alberta, Ontario, Québec, New Brunswick, the States of Pennsylvania, New Hampshire, Wyoming, Massachusetts, Michigan, Minnesota, Washington, North Carolina, and the State of Western Australia. The company was incorporated in 2013 and is headquartered in Calgary, Canada. TransAlta Renewables Inc. is a subsidiary of TransAlta Corporation.

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RNW Stock News Headlines

TFSA Investors: 3 Dividend Stocks That Pay You Monthly
Transalta Renewables Inc stock advanced on Thursday.
Transalta Renewables Inc stock shrank on Tuesday.
Transalta Renewables Inc stock raised on Tuesday.
3 Great Stocks With Yields Over 5%
Transalta Renewables Inc stock dipped on Wednesday.
Got $300? 2 Simple TSX Stocks to Buy Right Now
Transalta Renewables Inc stock advanced on Friday.
See More Headlines
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RNW Company Calendar

Ex-Dividend for 10/31 Dividend
10/13/2022
Dividend Payable
10/31/2022
Ex-Dividend for 11/30 Dividend
11/14/2022
Today
11/30/2022
Dividend Payable
11/30/2022
Next Earnings (Estimated)
2/22/2023

Industry, Sector and Symbol

Industry
Utilities - Independent Power Producers
Sub-Industry
N/A
Sector
Utilities
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$17.05
High Stock Price Forecast
C$19.00
Low Stock Price Forecast
C$15.00
Forecasted Upside/Downside
+20.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$544 million
Cash Flow
C$0.85 per share
Book Value
C$6.63 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.78 billion
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Todd John Stack (Age 55)
    Pres & Corp. Director
    Comp: $497.04k
  • Mr. Brent V. Ward
    Chief Financial Officer
  • Mr. Aron John Willis (Age 47)
    Exec. Vice-Pres of Growth
    Comp: $359.08k
  • Mr. Scott T. Jeffers
    VP & Corp. Sec.
  • Ms. Sally Taylor
    Mang. of Investor Relations
  • Ms. Michelle Cameron
    VP & Corp. Controller
  • Chad Macy
    Sr. Environmental Advisor













RNW Stock - Frequently Asked Questions

Should I buy or sell TransAlta Renewables stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TransAlta Renewables in the last twelve months. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RNW shares. 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 RNW analyst ratings
or view top-rated stocks.

What is TransAlta Renewables' stock price forecast for 2023?

9 equities research analysts have issued 12-month target prices for TransAlta Renewables' shares. Their RNW share price forecasts range from C$15.00 to C$19.00. On average, they expect the company's share price to reach C$17.05 in the next twelve months. This suggests a possible upside of 20.5% from the stock's current price.
View analysts price targets for RNW
or view top-rated stocks among Wall Street analysts.

How have RNW shares performed in 2022?

TransAlta Renewables' stock was trading at C$18.75 at the beginning of 2022. Since then, RNW stock has decreased by 24.5% and is now trading at C$14.15.
View the best growth stocks for 2022 here
.

When is TransAlta Renewables' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our RNW earnings forecast
.

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

TransAlta Renewables declared a monthly dividend on Monday, November 14th. Stockholders of record on Wednesday, November 30th will be paid a dividend of 0.0783 per share on Wednesday, November 30th. This represents a $0.94 annualized dividend and a dividend yield of 6.64%. The ex-dividend date is Monday, November 14th.
Read our dividend analysis for RNW
.

Is TransAlta Renewables a good dividend stock?

TransAlta Renewables (TSE:RNW) pays an annual dividend of C$0.94 per share and currently has a dividend yield of 6.61%. RNW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 324.12%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RNW.

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), Bank of Nova Scotia (BNS), Pembina Pipeline (PPL), Inter Pipeline (IPL), BCE (BCE), Manulife Financial (MFC), Algonquin Power & Utilities (AQN), Toronto-Dominion Bank (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 stock 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$14.15.

How much money does TransAlta Renewables make?

TransAlta Renewables (TSE:RNW) has a market capitalization of C$3.78 billion and generates C$544 million in revenue each year.

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 official website for the company is www.transalta.com. The company can be reached via phone at +1-403-2677110.

This page (TSE:RNW) was last updated on 11/30/2022 by MarketBeat.com Staff