TSE:RNW - TransAlta Renewables Stock Price, Forecast & News

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

TransAlta Renewables announced a monthly dividend on Tuesday, January 14th. Shareholders of record on Friday, January 31st will be given a dividend of 0.0783 per share on Friday, January 31st. This represents a $0.94 dividend on an annualized basis and a yield of 5.74%. The ex-dividend date is Tuesday, January 14th. View TransAlta Renewables' Dividend History.

TransAlta Renewables Inc (TSE:RNW) released its earnings results on Wednesday, November, 6th. The company reported $0.10 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.13 by $0.03. The firm had revenue of $89 million for the quarter, compared to analysts' expectations of $93.60 million. View TransAlta Renewables' Earnings History.

TransAlta Renewables is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for TransAlta Renewables.

6 brokerages have issued 12-month target prices for TransAlta Renewables' stock. Their forecasts range from C$13.00 to C$15.50. On average, they anticipate TransAlta Renewables' share price to reach C$14.11 in the next twelve months. This suggests that the stock has a possible downside of 13.8%. View Analyst Price Targets for TransAlta Renewables.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransAlta Renewables in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TransAlta Renewables.

News stories about RNW stock have been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TransAlta Renewables earned a news impact score of -5.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for TransAlta Renewables.

Some companies that are related to TransAlta Renewables include AGL Energy (AGL), Meridian Energy (MEZ), Brookfield Renewable Partners (BEP.UN), Uniper (UN01), Algonquin Power & Utilities (AQN), Mercury NZ (MCY), Contact Energy (CEN), Northland Power (NPI), Infratil (IFT), TransAlta (TA), Boralex (BLX), Innergex Renewable Energy (INE), Encavis (CAP), Contourglobal (GLO) and Drax Group (DRX).

Based on aggregate information from My MarketBeat watchlists, some companies that other TransAlta Renewables investors own include BCE (BCE), Chemtrade Logistics Income Fund (CHE.UN), Enbridge (ENB), Inter Pipeline (IPL), Enbridge (ENB), Altagas (ALA), Alaris Royalty (AD), Fortis (FTS), Bank of Nova Scotia (BNS) and Manulife Financial (MFC).

Shares of RNW 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.

One share of RNW stock can currently be purchased for approximately C$16.36.

TransAlta Renewables has a market capitalization of C$4.34 billion and generates C$457 million in revenue each year. View Additional Information About TransAlta Renewables.

The official website for TransAlta Renewables is http://www.transalta.com/.

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.