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

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

TransAlta Renewables declared a monthly dividend on Thursday, March 12th. Investors of record on Tuesday, March 31st will be paid a dividend of 0.0783 per share on Tuesday, March 31st. This represents a $0.94 annualized dividend and a yield of 5.73%. The ex-dividend date is Thursday, March 12th. View TransAlta Renewables' Dividend History.

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

6 Wall Street analysts have issued 12-month price objectives for TransAlta Renewables' shares. Their forecasts range from C$13.00 to C$17.50. On average, they anticipate TransAlta Renewables' share price to reach C$14.81 in the next year. This suggests that the stock has a possible downside of 9.7%. 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 headlines about RNW stock have been trending extremely negative on Friday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. TransAlta Renewables earned a coverage optimism score of -4.5 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the next few days. View News Stories for TransAlta Renewables.

Some companies that are related to TransAlta Renewables include AGL Energy (AGL), Algonquin Power & Utilities (AQN), Brookfield Renewable Partners (BEP.UN), Meridian Energy (MEZ), Uniper (UN01), Mercury NZ (MCY), Northland Power (NPI), Contact Energy (CEN), Innergex Renewable Energy (INE), TransAlta (TA), Boralex (BLX), Infratil (IFT), 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 Enbridge (ENB), Inter Pipeline (IPL), Chemtrade Logistics Income Fund (CHE.UN), BCE (BCE), Enbridge (ENB), Bank of Nova Scotia (BNS), Altagas (ALA), ARC Resources (ARX), Alaris Royalty (AD) and Brookfield Renewable Partners (BEP.UN).

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$16.41.

TransAlta Renewables has a market capitalization of C$4.33 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.