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

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C$13.53 +0.04 (+0.30 %)
(As of 05/24/2019 10:57 AM ET)
Previous CloseC$13.49
Today's RangeC$13.50 - C$13.55
52-Week RangeC$9.76 - C$14.03
Volume21,480 shs
Average Volume319,375 shs
Market CapitalizationC$3.57 billion
P/E Ratio14.33
Dividend Yield6.97%
BetaN/A
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.

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Industry, Sector and Symbol

Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
CIKN/A
Phone+1-403-2677110

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$451 million
Cash FlowC$0.26 per share
Book ValueC$9.01 per share

Profitability

Miscellaneous

EmployeesN/A
Market CapC$3.57 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableNot Optionable

TransAlta Renewables (TSE:RNW) Frequently Asked Questions

What is TransAlta Renewables' stock symbol?

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

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

TransAlta Renewables announced a monthly dividend on Tuesday, May 14th. Shareholders of record on Friday, May 31st will be paid a dividend of 0.0783 per share on Friday, May 31st. This represents a $0.94 annualized dividend and a yield of 6.94%. The ex-dividend date is Tuesday, May 14th. View TransAlta Renewables' Dividend History.

How were TransAlta Renewables' earnings last quarter?

TransAlta Renewables Inc (TSE:RNW) issued its quarterly earnings data on Wednesday, March, 6th. The company reported $0.35 earnings per share for the quarter. The firm had revenue of $140 million for the quarter, compared to analyst estimates of $144 million. View TransAlta Renewables' Earnings History.

When is TransAlta Renewables' next earnings date?

TransAlta Renewables is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for TransAlta Renewables.

What price target have analysts set for RNW?

7 equities research analysts have issued 12-month price objectives for TransAlta Renewables' stock. Their forecasts range from C$12.50 to C$13.50. On average, they anticipate TransAlta Renewables' stock price to reach C$13.13 in the next year. This suggests that the stock has a possible downside of 3.0%. View Analyst Price Targets for TransAlta Renewables.

What is the consensus analysts' recommendation for TransAlta Renewables?

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

Has TransAlta Renewables been receiving favorable news coverage?

Media stories about RNW stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. TransAlta Renewables earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future.

Who are some of TransAlta Renewables' key competitors?

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), Inter Pipeline (IPL), Enbridge (ENB), Altagas (ALA), BCE (BCE), Alaris Royalty (AD), Chemtrade Logistics Income Fund (CHE.UN), Medical Facilities (DR), Exchange Income (EIF) and Fortis (FTS).

Who are TransAlta Renewables' key executives?

TransAlta Renewables' management team includes the folowing people:
  • Mr. John Harry Kousinioris, Pres & Corp. Director (Age 54)
  • Mr. Todd John Stack, Chief Financial Officer
  • Mr. Aron John Willis, Sr. Vice-Pres of Commercial Gas & Renewables Operations (Age 44)
  • Mr. Brent Ward, MD & Treasurer
  • Mr. Scott T. Jeffers, Corp. Sec.

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$13.53.

How big of a company is TransAlta Renewables?

TransAlta Renewables has a market capitalization of C$3.57 billion and generates C$451 million in revenue each year.

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.


MarketBeat Community Rating for TransAlta Renewables (TSE RNW)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  494
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.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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