TransAlta Company Profile (TSE:TA)

About TransAlta

TransAlta logoTransAlta Corporation (TransAlta) is a non-regulated electricity generation and energy marketing company with an aggregate net ownership interest of approximately 8,730 megawatts of generating capacity. The Company is engaged in the production and sale of electric energy. TransAlta is organized into seven segments: Canadian Coal, U.S. Coal, Gas, Wind and Solar, Hydro, Energy Marketing and Corporate. The Canadian Coal, U.S. Coal, Gas, Wind and Solar, and Hydro segments are responsible for constructing, operating and maintaining its electrical generation. The Canadian Coal segment is also responsible for the operation and maintenance of the Company's related mining operations in Canada. The Energy Marketing segment is responsible for marketing its production through short-term and long-term contracts. The Company operates facilities having approximately 10,208 megawatts of aggregate generating capacity.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: TA
  • CUSIP:
Key Metrics:
  • Previous Close: $7.43
  • 50 Day Moving Average: $7.69
  • 200 Day Moving Average: $6.55
  • 52-Week Range: C$287,899,000.00 - C$5.11
  • Trailing P/E Ratio: 43.33
  • P/E Growth: 50.20
  • Market Cap: $2.13B
  • Outstanding Shares: 287,899,000
Additional Links:

Analyst Ratings

Consensus Ratings for TransAlta (TSE:TA) (?)
Ratings Breakdown: 5 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$7.67

Analysts' Ratings History for TransAlta (TSE:TA)
Show:
DateFirmActionRatingPrice TargetDetails
2/13/2017National Bank FinancialDowngradeOutperform -> Sector PerformC$9.00 -> C$8.50View Rating Details
12/30/2016BMO Capital MarketsSet Price TargetC$8.00View Rating Details
12/30/2016CSFBSet Price TargetC$7.00View Rating Details
12/20/2016ScotiabankBoost Price TargetSector PerformC$7.50 -> C$7.75View Rating Details
12/1/2016TD SecuritiesReiterated RatingHoldC$8.00View Rating Details
12/1/2016Royal Bank Of CanadaBoost Price TargetSector PerformC$6.00 -> C$8.00View Rating Details
8/25/2016CIBCLower Price TargetC$11.00 -> C$10.00View Rating Details
8/10/2016RBC Capital MarketsBoost Price TargetC$5.50 -> C$6.00View Rating Details
8/10/2016FirstEnergy CapitalBoost Price TargetC$5.25 -> C$5.75View Rating Details
1/18/2016S&P Equity ResearchReiterated RatingHoldC$8.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for TransAlta (TSE:TA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/3/2017        
7/31/2014($0.01)($0.04)ViewN/AView Earnings Details
4/30/2014$0.10$0.17ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TransAlta (TSE:TA)
Current Year EPS Consensus Estimate: $-0.01 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.05$0.05$0.05
Q2 20161$0.02$0.02$0.02
Q3 20161($0.02)($0.02)($0.02)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for TransAlta (TSE:TA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/28/2015QuarterlyC$0.186.58%5/28/20157/1/20157/1/2015
2/26/2015QuarterlyC$0.186.46%2/26/20154/1/20154/1/2015
11/26/2014QuarterlyC$0.186.29%11/26/20141/1/20151/1/2015
7/22/2014quarterlyC$0.185.67%8/27/20148/29/201410/1/2014
4/28/2014quarterlyC$0.185/30/20147/1/2014
2/28/2014QuarterlyC$0.185.59%2/28/20144/1/20144/1/2014
7/23/2013quarterlyC$0.298/30/201310/1/2013
4/22/2013quarterlyC$0.295/31/20137/1/2013
1/28/2013quarterlyC$0.293/1/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for TransAlta (TSE:TA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/16/2017Sandy McintoshInsiderBuy195C$42.84C$8,353.80
2/10/2017David Lawrence MowatDirectorBuy480C$43.04C$20,659.20
3/29/2016P. Thomas JenkinsDirectorBuy237,000C$5.83C$1,381,615.20
3/3/2016Donald TremblayInsiderBuy16,000C$6.02C$96,312.00
2/22/2016John Harry KousiniorisInsiderBuy12,500C$5.98C$74,782.50
12/9/2015Nipa ChakravartiInsiderBuy1,100C$4.32C$4,752.00
5/21/2015P. Thomas JenkinsDirectorSell23,400C$11.02C$257,968.62
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for TransAlta (TSE:TA)
DateHeadline
nasdaq.com logoVertex One Asset Management Inc. Buys Adient PLC, Independence Realty Trust, NXP Semiconductors ... - Nasdaq (TSE:TA)
www.nasdaq.com - February 17 at 7:14 PM
News IconTrump Joins Trudeau in Vowing Boost to Women in Workplace (TSE:TA)
www.yahoo.com - February 16 at 7:55 PM
News IconHouse Democrats Recruit Ivanka Trump for Help With Bill to Expand Paid Family Leave (TSE:TA)
www.breitbart.com - February 16 at 7:55 PM
News IconTrump wants to ease access to capital for women (TSE:TA)
cloudhostinghq.net - February 16 at 7:55 PM
business.financialpost.com logoGetting down to the wire for Twin Butte Energy’s debenture holders (TSE:TA)
business.financialpost.com - February 16 at 7:55 PM
capitalcube.com logoTransAlta Corp. breached its 50 day moving average in a Bearish Manner : TA-CA : February 16, 2017 (TSE:TA)
www.capitalcube.com - February 16 at 7:55 PM
News IconTrump, Trudeau to discuss women in workforce - PhillyVoice.com (TSE:TA)
www.phillyvoice.com - February 14 at 1:33 AM
News IconTrump, Trudeau to discuss women in workforce at Washington round table - CBC.ca (TSE:TA)
www.cbc.ca - February 14 at 1:33 AM
News IconPortland CEO meets wiith Trump during women's business event - kgw.com (TSE:TA)
www.kgw.com - February 13 at 8:32 PM
bloomberg.com logoTrump Joins Trudeau in Vowing Boost to Women in Workplace - Bloomberg (TSE:TA)
www.bloomberg.com - February 13 at 3:31 PM
News IconTrump, Trudeau to discuss women in workforce - The Spokesman-Review (TSE:TA)
www.spokesman.com - February 13 at 1:01 AM
News IconTrump, Trudeau to discuss women in workforce - The Daily Herald (TSE:TA)
www.heraldnet.com - February 12 at 8:01 PM
finance.yahoo.com logoTransAlta Corporation Determines Not to Proceed with Preferred Share Exchange (TSE:TA)
finance.yahoo.com - February 11 at 4:36 AM
News IconTax Break Sought for TransAlta - Centralia Chronicle (TSE:TA)
www.chronline.com - February 8 at 6:53 AM
fool.ca logoIs There Free Money to Be Had at TransAlta Corporation? (TSE:TA)
www.fool.ca - January 30 at 11:45 AM
News IconIKEA Canada purchases Wintering HIlls Wind farm (TSE:TA)
www.drumhellermail.com - January 27 at 6:06 AM
News IconTeck Resources Sells 49% Interest in Alberta Wind Farm (TSE:TA)
vgtoday.net - January 27 at 6:06 AM
capitalcube.com logoETFs with exposure to TransAlta Corp. : January 20, 2017 (TSE:TA)
www.capitalcube.com - January 21 at 2:59 AM
4-traders.com logoJETRO Japan External Trade Organization : Results of “JETRO’s 2016 Survey on Business Conditions of Japanese Companies in the U.S. and Canada” (TSE:TA)
www.4-traders.com - January 17 at 10:49 AM
finance.yahoo.com logoTransAlta Corporation Files Management Information Circular Relating to the Proposed Preferred Share Exchange and Announces Adjustment to Series A Offer Premium (TSE:TA)
finance.yahoo.com - January 17 at 10:48 AM
fool.ca logoTransAlta Corporation: Is a Dividend Increase in the Works? (TSE:TA)
www.fool.ca - January 16 at 12:58 PM
baystreet.ca logoTop CEOs List Seems to Shut out Women (TSE:TA)
www.baystreet.ca - January 5 at 6:56 AM
capitalcube.com logoETFs with exposure to TransAlta Corp. : January 4, 2017 (TSE:TA)
www.capitalcube.com - January 5 at 6:56 AM
News Icon'It's either overt or covert hostility': Why only 2 women made list of 100 highest-paid CEOs (TSE:TA)
www.cbc.ca - January 4 at 5:46 AM
einnews.com logoTurkey detains 31 in operation targeting Islamic State - NTV (TSE:TA)
brazilbusiness.einnews.com - December 23 at 8:15 PM
capitalcube.com logoETFs with exposure to TransAlta Corp. : December 21, 2016 (TSE:TA)
www.capitalcube.com - December 22 at 3:47 AM
reuters.com logoBRIEF-TransAlta sees 2017 comparable FFO $765 mln-$855 mln (TSE:TA)
www.reuters.com - December 20 at 2:57 PM
capitalcube.com logoTransAlta Corp. :TA-CA: Earnings Analysis: Q3, 2016 By the Numbers : December 19, 2016 (TSE:TA)
www.capitalcube.com - December 19 at 11:01 AM
News IconTen Clean Energy Stocks Under Trump (November 2016) – Alternative Energy Stocks (TSE:TA)
coolnerd.co - December 5 at 7:50 PM
insidermonkey.com logoHedge Funds Aren’t Crazy About Cvent Inc (CVT) Anymore (TSE:TA)
www.insidermonkey.com - December 4 at 8:39 AM
News IconWashington state and Washington D.C. are headed for a clash on climate change (TSE:TA)
www.geekwire.com - December 2 at 7:44 PM
fool.ca logoWhere Will TransAlta Corporation Go From Here? - The Motley Fool Canada (TSE:TA)
www.fool.ca - December 2 at 11:17 AM
fool.ca logoClean Energy, Strong Dividend: TransAlta Renewables Inc. Is a Lasting Legacy (TSE:TA)
www.fool.ca - December 1 at 10:39 AM
fool.ca logoTransAlta Corporation: A Turnaround Story Trading at a Bargain Price (TSE:TA)
www.fool.ca - November 30 at 10:28 AM
capitalcube.com logoTransAlta Corp.: Strong price momentum but will it sustain? (TSE:TA)
www.capitalcube.com - November 29 at 9:28 AM
News IconTSX flat, while major USA indexes continue rally and hit record highs (TSE:TA)
musicmyarts.com - November 28 at 2:18 PM
4-traders.com logoTSX falls, weighed by railroad, energy, financial shares (TSE:TA)
www.4-traders.com - November 28 at 2:18 PM
fxpips.com logoTransportation Stocks – Gainers and Losers Report, Nov. 28 (TSE:TA)
www.fxpips.com - November 28 at 2:18 PM
finance.yahoo.com logoCompany News for November 28, 2016 (TSE:TA)
finance.yahoo.com - November 28 at 2:17 PM
finance.yahoo.com logoMedia Advisory: TransAlta Corporation Announces Revised Conference Call Time (TSE:TA)
finance.yahoo.com - November 28 at 2:17 PM
News IconTSX flat as the price of oil drops (TSE:TA)
canalcncarauca.com - November 26 at 10:54 AM
News IconCANADA STOCKS-TSX makes small gains; nears 1.5 pct advance on week (TSE:TA)
www.dailymail.co.uk - November 25 at 7:34 PM
News IconAlberta inks $1.36bn deal with three firms to shut down coal plants (TSE:TA)
www.mining.com - November 25 at 7:34 PM
fool.ca logoWhy TransAlta Corporation and Capital Power Corp. Exploded Higher Today (TSE:TA)
www.fool.ca - November 25 at 7:34 PM
News IconTransAlta moving ahead with hydro project after deal on coal shutdowns (TSE:TA)
thecelebritytruth.com - November 25 at 7:34 PM
capitalcube.com logoETFs with exposure to TransAlta Corp. : November 25, 2016 (TSE:TA)
www.capitalcube.com - November 25 at 7:34 PM
News IconTransAlta Corporation (NYSE:TAC) Under Analyst Spotlight - UK Market News (TSE:TA)
www.ukmarketnews.co.uk - November 25 at 9:14 AM
finance.yahoo.com logoTransAlta Reaches Agreement with the Government of Alberta on Transition Payments and Executes Memorandum of Understanding (TSE:TA)
finance.yahoo.com - November 25 at 9:14 AM
4-traders.com logoTSX makes small gains as materials rebound (TSE:TA)
www.4-traders.com - November 24 at 7:41 PM
News IconCoal-fired power plants to get $1.1B in compensation over next 14 years (TSE:TA)
www.cbc.ca - November 24 at 7:41 PM

Social

What is TransAlta's stock symbol?

TransAlta trades on the Tornton Stock Exchange (TSX) under the ticker symbol "TA."

Where is TransAlta's stock going? Where will TransAlta's stock price be in 2017?

5 brokers have issued 1-year price targets for TransAlta's stock. Their forecasts range from C$5.75 to C$10.00. On average, they expect TransAlta's share price to reach C$7.67 in the next year.

When will TransAlta announce their earnings?

TransAlta is scheduled to release their next quarterly earnings announcement on Friday, March, 3rd 2017.

How do I buy TransAlta stock?

Shares of TransAlta 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.

How much does a share of TransAlta stock cost?

One share of TransAlta stock can currently be purchased for approximately C$7.41.

TransAlta (TSE:TA) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for TransAlta (TSE:TA)

Earnings History Chart

Earnings by Quarter for TransAlta (TSE:TA)

Dividend History Chart

Dividend Payments by Quarter for TransAlta (TSE:TA)

Last Updated on 2/20/2017 by MarketBeat.com Staff