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$14.95 +0.17 (+1.15 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's RangeC$14.92Now: C$14.95▼C$15.3150-Day RangeC$13.78MA: C$14.46▼C$15.4252-Week RangeC$10.82Now: C$14.95▼C$18.25Volume370,804 shsAverage Volume647,523 shsMarket CapitalizationC$3.98 billionP/E Ratio37.28Dividend Yield6.36%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider 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™ 2.4 Analyst's Opinion Consensus RatingTransAlta Renewables has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$16.58, TransAlta Renewables has a potential upside of 10.9% from its current price of C$14.95.Amount of Analyst CoverageTransAlta Renewables has only been the subject of 4 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesTransAlta Renewables has received 271 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTransAlta Renewables has received 338 “underperform” votes. (Add your “underperform” vote.)Community SentimentTransAlta Renewables has received 55.50% “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 6.36%, 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 234.40 %. 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 0.0 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 37.28, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.41.Price to Earnings Ratio vs. SectorThe P/E ratio of TransAlta Renewables is 37.28, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 31.23.Price to Earnings Growth RatioTransAlta Renewables has a PEG Ratio of 4.09. 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 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.25 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 Webwww.transalta.com Phone+1-403-2677110Debt Debt-to-Equity Ratio37.16 Current Ratio1.33 Quick Ratio0.85Price-To-Earnings Trailing P/E Ratio37.28 Forward P/E Ratio18.23 P/E Growth4.09 Sales & Book Value Annual SalesC$422 million Price / Sales9.42 Cash FlowC$0.23 per share Price / Cash Flow65.79 Book ValueC$8.50 per share Price / Book1.76Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous EmployeesN/A Outstanding Shares266,000,000Market CapC$3.98 billion Next Earnings Date8/13/2020 (Estimated) OptionableNot Optionable TSX:RNW Rates by TradingView 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. 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 COVID-19 reached pandemic status according to the World Health Organization. Since then, RNW stock has increased by 6.9% and is now trading at C$14.95. View which stocks have been most 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 1 hold rating and 4 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 Thursday, August 13th 2020. View our earnings forecast for TransAlta Renewables. How were TransAlta Renewables' earnings last quarter? TransAlta Renewables Inc (TSE:RNW) issued its earnings results on Tuesday, May, 12th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.19. The firm had revenue of $110 million for the quarter, compared to the consensus estimate of $121.80 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 Tuesday, April 14th. Investors of record on Thursday, April 30th will be paid a dividend of 0.0783 per share on Thursday, April 30th. This represents a $0.94 annualized dividend and a dividend yield of 6.28%. 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 analysts have issued 1-year price targets for TransAlta Renewables' stock. Their forecasts range from C$15.50 to C$17.50. On average, they anticipate TransAlta Renewables' stock price to reach C$16.58 in the next year. This suggests a possible upside of 10.9% from the stock's current price. View analysts' price targets for TransAlta Renewables. Has TransAlta Renewables been receiving favorable news coverage? News stories about RNW stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. TransAlta Renewables earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future. 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), Brookfield Renewable Partners (BEP.UN), AGL Energy (AGL), Uniper (UN01), Algonquin Power & Utilities (AQN), Northland Power (NPI), Mercury NZ (MCY), Contact Energy (CEN), Innergex Renewable Energy (INE), Infratil (IFT), Boralex (BLX), TransAlta (TA), Encavis (CAP), Contourglobal (GLO) and Drax Group (DRX). View all 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), BCE (BCE), Pembina Pipeline (PPL), Bank of Nova Scotia (BNS), ARC Resources (ARX), Altagas (ALA), Brookfield Renewable Partners (BEP.UN), Chemtrade Logistics Income Fund (CHE.UN) and Royal Bank of Canada (RY). 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$14.95. How big of a company is TransAlta Renewables? TransAlta Renewables has a market capitalization of C$3.98 billion and generates C$422 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 6/5/2020 by MarketBeat.com Staff
