TSE:RNWTransAlta Renewables Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TransAlta Renewables Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$13.86 +0.01 (+0.07 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's RangeC$13.62Now: C$13.86▼C$14.0750-Day RangeC$10.95MA: C$15.47▼C$18.1552-Week RangeC$10.82Now: C$13.86▼C$18.25Volume275,500 shsAverage Volume701,705 shsMarket CapitalizationC$3.66 billionP/E Ratio20.44Dividend Yield6.79%BetaN/A ProfileAnalyst RatingsAdvanced ChartDividendEarningsInsider TradesHeadlinesSocial Media TransAlta Renewables Inc. develops, owns, and operates renewable power generation facilities. As of March 6, 2019, it owned and operated 21 wind facilities, 13 hydroelectric facilities, 7 natural gas generation facilities, 1 solar facility, and 1 natural gas pipeline comprising an ownership interest of 2,414 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 founded in 2013 and is headquartered in Calgary, Canada. TransAlta Renewables Inc. is a subsidiary of TransAlta Corporation.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingTransAlta Renewables has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$15.56, TransAlta Renewables has a potential upside of 12.3% from its current price of C$13.86.Amount of Analyst CoverageTransAlta Renewables has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesTransAlta Renewables has received 270 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTransAlta Renewables has received 337 “underperform” votes. (Add your “underperform” vote.)Community SentimentTransAlta Renewables has received 55.52% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about TransAlta Renewables and other stocks. Vote “Outperform” if you believe RNW will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RNW will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipTransAlta Renewables is a leading dividend payer. It pays a dividend yield of 6.79%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTransAlta Renewables does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of TransAlta Renewables is 138.64 %. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TransAlta Renewables insiders have not sold or bought any company stock. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TransAlta Renewables are expected to decrease by -100.00% in the coming year, from C$0.82 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TransAlta Renewables is 20.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.03.Price to Earnings Ratio vs. SectorThe P/E ratio of TransAlta Renewables is 20.44, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 27.32.Price to Earnings Growth RatioTransAlta Renewables has a PEG Ratio of 4.02. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTransAlta Renewables has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.56 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Utilities - Independent Power Producers Sub-IndustryN/A SectorUtilities Current SymbolTSE:RNW Previous Symbol CUSIPN/A CIKN/A Webhttp://www.transalta.com/ Phone+1-403-2677110Debt Debt-to-Equity Ratio41.55 Current Ratio1.93 Quick Ratio1.13Price-To-Earnings Trailing P/E Ratio20.44 Forward P/E Ratio16.90 P/E Growth4.02 Sales & Book Value Annual SalesC$438 million Price / Sales8.35 Cash FlowC$0.31 per share Price / Cash Flow45.25 Book ValueC$8.54 per share Price / Book1.62Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous EmployeesN/A Outstanding Shares264,000,000Market CapC$3.66 billion Next Earnings Date5/11/2020 (Estimated) OptionableNot Optionable Receive RNW News and Ratings via Email Sign-up to receive the latest news and ratings for RNW and its competitors with MarketBeat's FREE daily newsletter. TSX:RNW Rates by TradingView TransAlta Renewables (TSE:RNW) Frequently Asked Questions How has TransAlta Renewables' stock been impacted by COVID-19 (Coronavirus)? TransAlta Renewables' stock was trading at C$13.98 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RNW shares have decreased by 0.9% and is now trading at C$13.86. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of TransAlta Renewables? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransAlta Renewables in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TransAlta Renewables. When is TransAlta Renewables' next earnings date? TransAlta Renewables is scheduled to release its next quarterly earnings announcement on Monday, May 11th 2020. View our earnings forecast for TransAlta Renewables. How were TransAlta Renewables' earnings last quarter? TransAlta Renewables Inc (TSE:RNW) announced its quarterly earnings data on Friday, February, 28th. The company reported $0.18 EPS for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.04. The company had revenue of $119 million for the quarter, compared to analyst estimates of $128.20 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 Tuesday, April 14th. Investors of record on Thursday, April 30th will be given a dividend of 0.0783 per share on Thursday, April 30th. This represents a $0.94 annualized dividend and a dividend yield of 6.78%. The ex-dividend date of this dividend is Tuesday, April 14th. View TransAlta Renewables' dividend history. What price target have analysts set for RNW? 5 Wall Street analysts have issued 1 year price targets for TransAlta Renewables' stock. Their forecasts range from C$13.00 to C$17.50. On average, they anticipate TransAlta Renewables' share price to reach C$15.56 in the next year. This suggests a possible upside of 12.3% from the stock's current price. View analysts' price targets for TransAlta Renewables. Has TransAlta Renewables been receiving favorable news coverage? News coverage about RNW stock has trended very negative on Saturday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news 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 daily sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutTransAlta Renewables. Who are some of TransAlta Renewables' key competitors? Some companies that are related to TransAlta Renewables include Meridian Energy (MEZ), AGL Energy (AGL), Brookfield Renewable Partners (BEP.UN), Algonquin Power & Utilities (AQN), Uniper (UN01), Mercury NZ (MCY), Contact Energy (CEN), Northland Power (NPI), Innergex Renewable Energy (INE), Infratil (IFT), Boralex (BLX), TransAlta (TA), Encavis (CAP), Contourglobal (GLO) and Drax Group (DRX). 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 Inter Pipeline (IPL), Enbridge (ENB), BCE (BCE), Chemtrade Logistics Income Fund (CHE.UN), ARC Resources (ARX), Bank of Nova Scotia (BNS), Brookfield Renewable Partners (BEP.UN), Manulife Financial (MFC), Pembina Pipeline (PPL) and Enbridge (ENB). Who are TransAlta Renewables' key executives? TransAlta Renewables' management team includes the following people: Mr. John Harry Kousinioris, Pres & Corp. Director (Age 54)Mr. Todd John Stack, Chief Financial OfficerMr. Aron John Willis, Sr. Vice-Pres of Commercial Gas & Renewables Operations (Age 44)Mr. Brent Ward, MD & TreasurerMr. Scott T. Jeffers, Corp. Sec. 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 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. What is TransAlta Renewables' stock price today? One share of RNW stock can currently be purchased for approximately C$13.86. How big of a company is TransAlta Renewables? TransAlta Renewables has a market capitalization of C$3.66 billion and generates C$438 million in revenue each year. View additional information about TransAlta Renewables. What is TransAlta Renewables' official website? The official website for TransAlta Renewables is http://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 4/4/2020 by MarketBeat.com StaffFeatured Article: Holder of Record
