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TSE:RNW

TransAlta Renewables (RNW) Stock Forecast, Price & News

C$17.54
-0.04 (-0.23%)
(As of 05/20/2022 12:00 AM ET)
Add
Compare
Today's Range
C$17.47
▼
C$17.70
50-Day Range
C$17.25
▼
C$19.34
52-Week Range
C$16.01
▼
C$22.55
Volume
247,530 shs
Average Volume
455,283 shs
Market Capitalization
C$4.68 billion
P/E Ratio
33.47
Dividend Yield
5.35%
Beta
N/A
View Price History Chart DataSkip Price History Chart
30 days | 90 days | 365 days | Advanced Chart
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TransAlta Renewables logo

About TransAlta Renewables

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.

Headlines

May 20, 2022 | msn.com
Time to Buy TransAlta Stock?
May 19, 2022 | americanbankingnews.com
TransAlta Renewables (TSE:RNW) Shares Pass Below 200 Day Moving Average of $18.04
May 12, 2022 | americanbankingnews.com
FY2022 EPS Estimates for TransAlta Renewables Inc. Decreased by Analyst (TSE:RNW)
May 11, 2022 | americanbankingnews.com
TransAlta Renewables (TSE:RNW) Price Target Cut to C$18.50
May 11, 2022 | americanbankingnews.com
Brokers Offer Predictions for TransAlta Renewables Inc.'s Q2 2022 Earnings (TSE:RNW)
May 7, 2022 | americanbankingnews.com
TransAlta Renewables (TSE:RNW) PT Raised to C$18.50 at TD Securities
May 7, 2022 | americanbankingnews.com
TransAlta Renewables (TSE:RNW) PT Lowered to C$20.00
May 7, 2022 | americanbankingnews.com
TransAlta Renewables (TSE:RNW) Given a C$19.00 Price Target by Raymond James Analysts
May 7, 2022 | americanbankingnews.com
Equities Analysts Offer Predictions for TransAlta Renewables Inc.'s FY2022 Earnings (TSE:RNW)
May 6, 2022 | seekingalpha.com
TransAlta Corporation (TAC) CEO John Kousinioris on Q1 2022 Earnings Call Transcript
April 30, 2022 | americanbankingnews.com
Raymond James Equities Analysts Increase Earnings Estimates for TransAlta Renewables Inc. (TSE:RNW)
April 30, 2022 | americanbankingnews.com
TransAlta Renewables (TSE:RNW) PT Raised to C$19.00 at National Bankshares
April 30, 2022 | americanbankingnews.com
Brokers Set Expectations for TransAlta Renewables Inc.'s Q1 2022 Earnings (TSE:RNW)
See More Headlines

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Utilities - Independent Power Producers
Sub-Industry
N/A
Sector
Utilities
Current Symbol
TSE:RNW
Previous Symbol
CUSIP
N/A
CIK
N/A
Web
www.transalta.com
Phone
+1-403-2677110
Fax
N/A
Employees
N/A
Year Founded
N/A

Sales & Book Value

Annual Sales
C$470 million
Price / Sales
9.96
Cash Flow
C$0.93 per share
Price / Cash Flow
18.92
Book Value
C$7.77 per share
Price / Book
2.26

Profitability

EPS (Most Recent Fiscal Year)
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
46.21
Current Ratio
0.73
Quick Ratio
0.61

Price-To-Earnings

Trailing P/E Ratio
33.47
Forward P/E Ratio
22.20
P/E Growth
1.97

Miscellaneous

Outstanding Shares
266,900,000
Free Float
N/A
Market Cap
C$4.68 billion
Optionable
Not Optionable

Company Calendar

Last Earnings
2/24/2022
Ex-Dividend for 4/29 Dividend
4/13/2022
Dividend Payable
4/29/2022
Ex-Dividend for 5/31 Dividend
5/12/2022
Today
5/20/2022
Dividend Payable
5/31/2022
Next Earnings (Estimated)
8/09/2022

MarketRank™

Overall MarketRank™

1.52 out of 5 stars

Analyst Opinion: 2.1Community Rank: 3.9Dividend 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 year. There are currently 6 hold ratings and 1 buy rating 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.

When is TransAlta Renewables' next earnings date?

TransAlta Renewables is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022.
View our earnings forecast for TransAlta Renewables.

How were TransAlta Renewables' earnings last quarter?

TransAlta Renewables Inc. (TSE:RNW) released its quarterly earnings results on Thursday, February, 24th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.21 by $0.05. The company earned $138 million during the quarter, compared to analysts' expectations of $121.90 million.
View TransAlta Renewables' earnings history.

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

TransAlta Renewables announced a monthly dividend on Thursday, May 12th. Stockholders of record on Tuesday, May 31st will be given a dividend of 0.0783 per share on Tuesday, May 31st. This represents a $0.94 annualized dividend and a dividend yield of 5.36%. The ex-dividend date of this dividend is Thursday, May 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 5.35%. 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 179.38%. 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 brokerages have issued twelve-month target prices for TransAlta Renewables' shares. Their forecasts range from C$18.50 to C$21.00. On average, they expect TransAlta Renewables' share price to reach C$19.15 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. Todd John Stack, Pres & Director (Age 54, Pay $497.04k)
  • Mr. Brent V. Ward, Chief Financial Officer
  • Mr. Aron John Willis, Exec. Vice-Pres of Growth (Age 47, Pay $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
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$17.54.

How much money does TransAlta Renewables make?

TransAlta Renewables has a market capitalization of C$4.68 billion and generates C$470 million in revenue each year.

What is TransAlta Renewables' official website?

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

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 5/20/2022 by MarketBeat.com Staff

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