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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
3 Secrets To Consistent Trading Success (Ad)pixel
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
BREAKING: Tiny biotech successfully treats blindness (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Buy THIS stock before Taiwan is attacked (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
3 Secrets To Consistent Trading Success (Ad)pixel
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
BREAKING: Tiny biotech successfully treats blindness (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Buy THIS stock before Taiwan is attacked (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
3 Secrets To Consistent Trading Success (Ad)pixel
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
BREAKING: Tiny biotech successfully treats blindness (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Buy THIS stock before Taiwan is attacked (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
TSE:RNW

TransAlta Renewables - RNW Stock Forecast, Price & News

C$12.44
+0.14 (+1.14%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
C$12.33
C$12.53
50-Day Range
C$11.22
C$12.44
52-Week Range
C$10.63
C$19.45
Volume
420,248 shs
Average Volume
659,998 shs
Market Capitalization
C$3.32 billion
P/E Ratio
44.43
Dividend Yield
7.56%
Price Target
C$15.03

TransAlta Renewables MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
20.8% Upside
C$15.03 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.03mentions of TransAlta Renewables in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.66 out of 5 stars


RNW stock logo

About TransAlta Renewables (TSE:RNW) Stock

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.

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RNW Stock News Headlines

The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
Banking Nightmare
During and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …
RNW:CA TransAlta Renewables Inc.
TransAlta Renewables Announces Outlook for 2023
TransAlta Renewables Could Be A 'Buy' Here
See More Headlines
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RNW Company Calendar

Ex-Dividend for 2/28 Dividend
2/14/2023
Dividend Payable
2/28/2023
Today
4/01/2023
Ex-Dividend for 4/28 Dividend
4/13/2023
Dividend Payable
4/28/2023
Next Earnings (Estimated)
5/03/2023

Industry, Sector and Symbol

Industry
Utilities - Independent Power Producers
Sub-Industry
N/A
Sector
Utilities
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$15.03
High Stock Price Forecast
C$17.00
Low Stock Price Forecast
C$12.00
Forecasted Upside/Downside
+20.8%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
C$74 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$560 million
Cash Flow
C$0.74 per share
Book Value
C$6.58 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.32 billion
Optionable
Not Optionable
Beta
0.76

Key Executives

  • Mr. Todd John Stack (Age 55)
    Pres & Corp. Director
    Comp: $497.04k
  • Mr. Brent V. Ward
    Chief Financial Officer
  • Mr. Aron John Willis (Age 47)
    Exec. Vice-Pres of Growth
    Comp: $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













RNW Stock - Frequently Asked Questions

Should I buy or sell TransAlta Renewables stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransAlta Renewables in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RNW shares. 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 RNW analyst ratings
or view top-rated stocks.

What is TransAlta Renewables' stock price forecast for 2023?

8 Wall Street research analysts have issued 1-year price targets for TransAlta Renewables' stock. Their RNW share price forecasts range from C$12.00 to C$17.00. On average, they predict the company's stock price to reach C$15.03 in the next twelve months. This suggests a possible upside of 20.8% from the stock's current price.
View analysts price targets for RNW
or view top-rated stocks among Wall Street analysts.

How have RNW shares performed in 2023?

TransAlta Renewables' stock was trading at C$11.25 at the beginning of 2023. Since then, RNW shares have increased by 10.6% and is now trading at C$12.44.
View the best growth stocks for 2023 here
.

When is TransAlta Renewables' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our RNW earnings forecast
.

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

TransAlta Renewables declared a monthly dividend on Thursday, April 13th. Stockholders of record on Friday, April 28th will be paid a dividend of 0.0783 per share on Friday, April 28th. This represents a $0.94 annualized dividend and a dividend yield of 7.55%. The ex-dividend date of this dividend is Thursday, April 13th.
Read our dividend analysis for RNW
.

Is TransAlta Renewables a good dividend stock?

TransAlta Renewables (TSE:RNW) pays an annual dividend of C$0.94 per share and currently has a dividend yield of 7.64%. RNW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 335.71%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RNW.

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 stock 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$12.44.

How much money does TransAlta Renewables make?

TransAlta Renewables (TSE:RNW) has a market capitalization of C$3.32 billion and generates C$560 million in revenue each year. The company earns C$74 million in net income (profit) each year or C$0.28 on an earnings per share basis.

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 official website for the company is www.transalta.com. The company can be reached via phone at +1-403-2677110.

This page (TSE:RNW) was last updated on 4/1/2023 by MarketBeat.com Staff