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TSE:TA

TransAlta (TA) Stock Price, News & Analysis

C$10.12
-0.01 (-0.10%)
(As of 07/26/2024 ET)
Today's Range
C$10.08
C$10.32
50-Day Range
C$9.36
C$10.24
52-Week Range
C$8.22
C$13.97
Volume
894,659 shs
Average Volume
962,894 shs
Market Capitalization
C$3.08 billion
P/E Ratio
5.19
Dividend Yield
2.37%
Price Target
C$15.17

TransAlta MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
49.9% Upside
C$15.17 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.34mentions of TransAlta in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
C$291,658 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.34 out of 5 stars

TA stock logo

About TransAlta Stock (TSE:TA)

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario. The Wind and Solar segment has a net ownership interest of approximately 2,057 MW of owned wind and solar electrical-generating capacity, as well as battery storage facilities located in Alberta, Ontario, New Brunswick, and Québec in Canada; the states of Massachusetts, Minnesota, New Hampshire, North Carolina, Pennsylvania, Washington, and Wyoming in the United States; and the state of Western Australia. The Gas segment has a net ownership interest of approximately 2,775 MW of owned gas electrical-generating capacity, and facilities located in Alberta, Ontario, Michigan, and the state of Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW of owned coal electrical-generating capacity, as well as operates the Skookumchuck hydro facility in Centralia; and engages in the highvale mine and the mine reclamation activities. The Energy Marketing segment is involved in the trading of power, natural gas, and environmental products. It serves customers in various industry segments, including commercial real estate, municipal, manufacturing, industrial, hospitality, finance, and oil and gas. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.

TA Stock Price History

TA Stock News Headlines

We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
TransAlta (TA) to Release Quarterly Earnings on Thursday
TransAlta (TSE:TA) PT Lowered to C$15.50 at CIBC
TransAlta Co. (TSE:TA) Given Consensus Rating of "Buy" by Brokerages
New trading system called MSFT, NVDA & MSFT
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
See More Headlines
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Company Calendar

Last Earnings
5/03/2024
Ex-Dividend for 7/1 Dividend
5/31/2024
Dividend Payable
7/01/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Independent Power Producers
Sub-Industry
Utilities
CIK
N/A
Fax
N/A
Employees
1,220
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$15.17
High Stock Price Target
C$17.50
Low Stock Price Target
C$13.00
Potential Upside/Downside
+49.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
9 Analysts

Profitability

Net Income
C$572 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.21 billion
Cash Flow
C$2.38 per share
Book Value
C$2.83 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.08 billion
Optionable
Not Optionable
Beta
0.87
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Key Executives

  • Mr. John Harry Kousinioris (Age 58)
    President, CEO & Director
    Comp: $2.31M
  • Mr. Todd John Stack (Age 56)
    Executive VP of Finance & CFO
    Comp: $1.04M
  • Ms. Jane Nyla Fedoretz
    Executive VP of People & Culture and Chief Administrative Officer
  • Ms. Kerry O'Reilly Wilks (Age 45)
    Executive Vice President of Growth & Energy Marketing
    Comp: $1.13M
  • Mr. Chris Fralick
    Executive Vice President of Generation
  • Chiara Valentini
    Manager of Investor Relations
  • Ms. Stacey Hatcher
    Manager of Communications
  • Ms. Maria Perry
    MD of People & Talent
  • Mr. Aron John Willis (Age 49)
    Executive Vice President of Project Delivery & Construction
    Comp: $847.87k
  • Mr. Gary Woods
    Managing Director of Gas & Renewables

TA Stock Analysis - Frequently Asked Questions

How have TA shares performed this year?

TransAlta's stock was trading at C$11.02 on January 1st, 2024. Since then, TA stock has decreased by 8.2% and is now trading at C$10.12.
View the best growth stocks for 2024 here
.

How were TransAlta's earnings last quarter?

TransAlta Co. (TSE:TA) issued its quarterly earnings results on Friday, May, 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.18 by $0.54. The company had revenue of $947 million for the quarter. TransAlta had a net margin of 19.39% and a trailing twelve-month return on equity of 33.61%.

How do I buy shares of TransAlta?

Shares of TA 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 other stocks do shareholders of TransAlta own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TransAlta investors own include TransAlta (TAC), Enbridge (ENB), Manulife Financial (MFC), Bank of America (BAC), Sun Life Financial (SLF), Toronto-Dominion Bank (TD) and TC Energy (TRP).

This page (TSE:TA) was last updated on 7/26/2024 by MarketBeat.com Staff

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