S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
TSE:RNW

TransAlta Renewables Stock Forecast, Price & News

C$18.78
+0.26 (+1.40%)
(As of 12/7/2021 12:00 AM ET)
Add
Compare
Today's Range
C$18.56
C$18.90
50-Day Range
C$18.32
C$19.79
52-Week Range
C$17.55
C$24.47
Volume
295,988 shs
Average Volume
518,298 shs
Market Capitalization
C$5.01 billion
P/E Ratio
33.42
Dividend Yield
5.08%
Beta
N/A
30 days | 90 days | 365 days | Advanced Chart
Receive RNW News and Ratings via Email

Sign-up to receive the latest news and ratings for TransAlta Renewables and its competitors with MarketBeat's FREE daily newsletter.


TransAlta Renewables logo

About TransAlta Renewables

TransAlta Renewables Inc. develops, owns, and operates renewable power generation facilities. As of March 3, 2021, it owned and operated 23 wind facilities, 13 hydroelectric facilities, 7 natural gas generation facilities, 1 solar facility, 1 natural gas pipeline, and 1 battery storage comprising an ownership interest of 2,537 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 incorporated in 2013 and is headquartered in Calgary, Canada. TransAlta Renewables Inc. is a subsidiary of TransAlta Corporation.

Headlines

See More Headlines

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

Sales & Book Value

Annual Sales
C$459 million
Cash Flow
C$0.90 per share
Book Value
C$7.82 per share

Profitability

Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
C$5.01 billion
Optionable
Not Optionable

Company Calendar

Ex-Dividend
10/14/2021
Dividend Payable
10/29/2021
Last Earnings
11/09/2021
Today
12/08/2021
Next Earnings (Estimated)
3/02/2022

MarketRank

Overall MarketRank

1.36 out of 5 stars

Analyst Opinion: 1.1Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -












TransAlta Renewables (TSE:RNW) Frequently Asked Questions

Is TransAlta Renewables a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransAlta Renewables in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.

How has TransAlta Renewables' stock price 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 (WHO). Since then, RNW stock has increased by 34.3% and is now trading at C$18.78.
View which stocks have been most impacted by COVID-19
.

When is TransAlta Renewables' next earnings date?

TransAlta Renewables is scheduled to release its next quarterly earnings announcement on Wednesday, March 2nd 2022.
View our earnings forecast for TransAlta Renewables
.

How were TransAlta Renewables' earnings last quarter?

TransAlta Renewables Inc. (TSE:RNW) posted its quarterly earnings data on Tuesday, November, 9th. The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.11 by $0.04. The firm earned $114 million during the quarter, compared to analyst estimates of $97.10 million.
View TransAlta Renewables' earnings history
.

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

TransAlta Renewables declared a monthly dividend on Thursday, October 14th. Stockholders of record on Friday, October 29th will be paid a dividend of 0.0783 per share on Friday, October 29th. This represents a $0.94 annualized dividend and a dividend yield of 5.00%. The ex-dividend date is Thursday, October 14th.
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 5.08%. 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 167.25%. 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?

7 brokers have issued 12 month target prices for TransAlta Renewables' stock. Their forecasts range from C$19.00 to C$22.00. On average, they expect TransAlta Renewables' share price to reach C$20.50 in the next twelve months. This suggests a possible upside of 9.2% 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. Brent Ward, Chief Financial Officer
  • Mr. Aron John Willis, Exec. Vice-Pres of Growth (Age 46, Pay $236.47k)
  • Mr. Scott T. Jeffers, Corp. Sec.
  • Mr. Todd John Stack, Pres & Director (Age 54)
  • Ms. Sally Taylor, Mang. of Investor Relations
  • Ms. Michelle Cameron, MD & Corp. Controller

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 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$18.78.

How much money does TransAlta Renewables make?

TransAlta Renewables has a market capitalization of C$5.01 billion and generates C$459 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 12/8/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.