TransAlta Company Profile (TSE:TA)

About TransAlta (TSE:TA)

TransAlta logoTransAlta Corporation (TransAlta) is a non-regulated electricity generation and energy marketing company with an aggregate net ownership interest of approximately 8,720 megawatts of generating capacity. The Company is engaged in the production and sale of electric energy. It focuses on generating and marketing electricity in Canada, the United States and Western Australia through its diversified portfolio of facilities fuelled by coal, natural gas, diesel, hydro, wind and solar. TransAlta is organized into eight business segments: Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing and Corporate. The Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, and Hydro segments are responsible for constructing, operating and maintaining its electrical generation. All the segments are supported by a Corporate segment, which includes the Corporation's central financial, legal, administrative, and investing functions.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Diversified Utilities
  • Sub-Industry: N/A
  • Symbol: TSE:TA
  • CUSIP: N/A
  • Web: www.transalta.com
Capitalization:
  • Market Cap: C$2.1 billion
  • Outstanding Shares: 287,899,000
Average Prices:
  • 50 Day Moving Avg: C$7.79
  • 200 Day Moving Avg: C$7.63
  • 52 Week Range: C$5.11 - C$8.50
P/E:
  • Trailing P/E Ratio: 67.87
  • P/E Growth: -1.28
Sales & Book Value:
  • Annual Revenue: C$2.42 billion
  • Price / Sales: 0.87
  • Book Value: C$8.80 per share
  • Price / Book: 0.83
Dividend:
  • Dividend Yield: 2.1%
Profitability:
  • EBIDTA: C$920 million
  • Net Margins: 0.80%
  • Return on Equity: -2.82%
  • Return on Assets: 0.15%
Misc:
  • Average Volume: 552,270 shs.
  • Short Ratio: 7.86
 

Frequently Asked Questions for TransAlta (TSE:TA)

What is TransAlta's stock symbol?

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

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

TransAlta announced a quarterly dividend on Wednesday, July 19th. Investors of record on Friday, September 1st will be paid a dividend of 0.04 per share on Sunday, October 1st. This represents a $0.16 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend is Wednesday, August 30th. View TransAlta's Dividend History.

How were TransAlta's earnings last quarter?

TransAlta Co. (TSE:TA) posted its quarterly earnings data on Friday, May, 5th. The company reported $0.05 EPS for the quarter, missing the Zacks' consensus estimate of $0.07 by $0.02. The company earned $578 million during the quarter, compared to analysts' expectations of $571.03 million. TransAlta had a net margin of 0.80% and a negative return on equity of 2.82%. View TransAlta's Earnings History.

When will TransAlta make its next earnings announcement?

TransAlta is scheduled to release their next quarterly earnings announcement on Friday, November, 3rd 2017. View Earnings Estimates for TransAlta.

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

5 equities research analysts have issued 1-year price objectives for TransAlta's shares. Their predictions range from C$7.00 to C$9.00. On average, they anticipate TransAlta's share price to reach C$8.00 in the next twelve months. View Analyst Ratings for TransAlta.

Who are some of TransAlta's key competitors?

Who are TransAlta's key executives?

TransAlta's management team includes the folowing people:

  • Gordon D. Giffin J.D., Independent Chairman of the Board
  • Dawn Lorraine Farrell, President, Chief Executive Officer, Non-Independent Director
  • Donald Tremblay, Chief Financial Officer
  • Wayne A. Collins, Executive Vice President - Coal and Mining Operations
  • Jennifer M. Pierce, Senior Vice President - Trading and Marketing
  • Aron J. Willis, Senior Vice President - Gas and Renewables
  • Dawn E. de Lima, Chief Administrative Officer
  • Brett M. Gellner, Chief Investment Officer
  • John Harry Kousinioris, Chief Legal and Compliance Officer, Corporate Secretary
  • Todd John Stack, Managing Director, Corporate Controller

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.

What is TransAlta's stock price today?

One share of TransAlta stock can currently be purchased for approximately C$7.30.


MarketBeat Community Rating for TransAlta (TSE TA)
Community Ranking:  1.1 out of 5 (star)
Outperform Votes:  78 (Vote Outperform)
Underperform Votes:  279 (Vote Underperform)
Total Votes:  357
MarketBeat's community ratings are surveys of what our community members think about TransAlta and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for TransAlta (TSE:TA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$8.00

Analysts' Ratings History for TransAlta (TSE:TA)
Show:
DateFirmActionRatingPrice TargetDetails
8/11/2017ScotiabankSet Price TargetSector PerformC$8.00View Rating Details
8/2/2017National Bank FinancialBoost Price TargetSector PerformC$8.50 -> C$9.00View Rating Details
5/23/2017BMO Capital MarketsReiterated RatingMarket PerformC$8.00View Rating Details
4/21/2017TD SecuritiesReiterated RatingHoldC$8.00View Rating Details
12/30/2016CSFBSet Price TargetC$7.00View 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
8/10/2016FirstEnergy CapitalBoost Price TargetC$5.25 -> C$5.75View Rating Details
1/18/2016S&P Equity ResearchReiterated RatingHoldC$8.00View Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for TransAlta (TSE:TA)
Earnings by Quarter for TransAlta (TSE:TA)
Earnings History by Quarter for TransAlta (TSE TA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2017        
5/5/2017Q1 2017C$0.07C$0.05C$571.03 millionC$578.00 millionViewN/AView Earnings Details
7/30/2014C($0.01)C($0.04)C$491.00 millionViewN/AView Earnings Details
4/29/2014C$0.10C$0.17C$775.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TransAlta (TSE:TA)
Current Year EPS Consensus Estimate: $-0.11 EPS

Dividends

Dividend History by Quarter for TransAlta (TSE TA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/19/2017Quarterly$0.042.09%8/30/20179/1/201710/1/2017
5/28/2015Quarterly$0.186.58%5/28/20157/1/20157/1/2015
2/26/2015Quarterly$0.186.46%2/26/20154/1/20154/1/2015
11/26/2014Quarterly$0.186.29%11/26/20141/1/20151/1/2015
7/22/2014quarterly$0.185.67%8/27/20148/29/201410/1/2014
4/28/2014quarterly$0.185/30/20147/1/2014
2/28/2014Quarterly$0.185.59%2/28/20144/1/20144/1/2014
7/23/2013quarterly$0.298/30/201310/1/2013
4/22/2013quarterly$0.295/31/20137/1/2013
1/28/2013quarterly$0.293/1/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for TransAlta (TSE:TA)
Insider Trades by Quarter for TransAlta (TSE:TA)
Insider Trades by Quarter for TransAlta (TSE:TA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/24/2017David Lawrence MowatDirectorBuy1,250C$44.75C$55,937.50
8/14/2017David Lawrence MowatDirectorBuy475C$45.17C$21,455.75
6/16/2017Francois GrattonInsiderSell555C$45.69C$25,357.95
6/6/2017David Lawrence MowatDirectorBuy225C$45.92C$10,332.00
3/6/2017David Lawrence MowatDirectorBuy235C$43.10C$10,128.50
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

Headline Trends for TransAlta (TSE:TA)
Latest Headlines for TransAlta (TSE:TA)
Source:
DateHeadline
seekingalpha.com logoTransAlta Renewables (TRSWF) Presents At Peters & Co. Limited 21st Annual Energy Conference - Slideshow
seekingalpha.com - September 16 at 9:23 AM
seekingalpha.com logoTransAlta Renewables (TRSWF) Presents At Peters & Co. Limited 21st Annual Energy Conference - Slideshow
seekingalpha.com - September 16 at 9:23 AM
americanbankingnews.com logoTransAlta Co. (TA) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 9 at 11:04 AM
finance.yahoo.com logoResearch Initiated on Utilities Stocks, Algonquin Power and Utilities, TransAlta Alterra Power, and Atlantic Power
finance.yahoo.com - September 5 at 8:58 AM
finance.yahoo.com logoTransAlta Corp. : TA-CA: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : August 30, 2017
finance.yahoo.com - August 31 at 10:46 AM
finance.yahoo.com logoETFs with exposure to TransAlta Corp. : August 28, 2017
finance.yahoo.com - August 29 at 8:28 AM
americanbankingnews.com logoInsider Buying: TransAlta Co. (TA) Director Acquires 1,250 Shares of Stock
www.americanbankingnews.com - August 28 at 10:22 PM
finanznachrichten.de logoDividend 15 Split Corp. Completes Overnight Offering of $87,403,800 / A high quality portfolio consisting of 15 dividend yielding Canadian Companies
www.finanznachrichten.de - August 24 at 1:42 PM
marketwatch.com logoDividend 15 Split Corp. Completes Overnight Offering of $87,403,800
www.marketwatch.com - August 24 at 1:42 PM
finance.yahoo.com logoTransAlta Corp. :TA-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 18, 2017
finance.yahoo.com - August 19 at 8:02 AM
finance.yahoo.com logoETFs with exposure to TransAlta Corp. : August 18, 2017
finance.yahoo.com - August 19 at 8:02 AM
americanbankingnews.com logoTransAlta Co. (TA) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 15 at 4:58 PM
finance.yahoo.com logoTransAlta Corp. breached its 50 day moving average in a Bearish Manner : TA-CA : August 14, 2017
finance.yahoo.com - August 15 at 7:30 AM
americanbankingnews.com logoTransAlta Co. (TSE:TA) Director David Lawrence Mowat Purchases 475 Shares
www.americanbankingnews.com - August 15 at 12:16 AM
finance.yahoo.com logoEdited Transcript of TA.TO earnings conference call or presentation 10-Aug-17 3:00pm GMT
finance.yahoo.com - August 13 at 6:42 AM
americanbankingnews.com logoTransAlta Co. (TSE:TA) Given a C$8.00 Price Target at Scotiabank
www.americanbankingnews.com - August 11 at 3:08 PM
finance.yahoo.com logoTransAlta Corp. :TA-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 5 at 7:34 AM
finance.yahoo.com logoTransAlta Corp. breached its 50 day moving average in a Bearish Manner : TA-CA : August 2, 2017
finance.yahoo.com - August 3 at 7:43 AM
americanbankingnews.com logoTransAlta Co. (TA) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - August 2 at 7:22 AM
reuters.com logoBRIEF-Fortescue Metals updates on status of South Hedland power station
www.reuters.com - August 1 at 6:46 AM
fool.ca logoContrarian Investors: Should You Own Cameco Corp. or TransAlta Corporation?
www.fool.ca - July 22 at 9:23 AM
americanbankingnews.com logoTransAlta Co. (TSE:TA) Announces $0.04 Quarterly Dividend
www.americanbankingnews.com - July 20 at 11:22 AM
fool.ca logoContrarian Investors: Should You Buy This Unloved Canadian Stock?
www.fool.ca - July 11 at 4:03 PM
finance.yahoo.com logoMedia Advisory: TransAlta Second Quarter 2017 Results and Conference Call
finance.yahoo.com - July 11 at 4:03 PM
reuters.com logoBRIEF-Transalta Corp comments on Balancing Pools announcement regarding consultation process initiation
www.reuters.com - July 6 at 11:55 AM
americanbankingnews.com logoFrancois Gratton Sells 555 Shares of TransAlta Co. (TA) Stock
www.americanbankingnews.com - June 19 at 7:56 PM
americanbankingnews.com logoDavid Lawrence Mowat Purchases 225 Shares of TransAlta Co. (TA) Stock
www.americanbankingnews.com - June 8 at 4:56 PM
finance.yahoo.com logoTransAlta Corp. : TA-CA: Dividend Analysis : June 01st, 2017 (record date) : By the numbers : May 31, 2017
finance.yahoo.com - May 31 at 12:09 PM
americanbankingnews.com logoBMO Capital Markets Analysts Give TransAlta Co. (TA) a C$8.00 Price Target
www.americanbankingnews.com - May 23 at 2:30 PM
finance.yahoo.com logoTransAlta Corp. breached its 50 day moving average in a Bullish Manner : TA-CA : May 22, 2017
finance.yahoo.com - May 22 at 7:06 PM
americanbankingnews.com logoTransAlta Co. to Post FY2017 Earnings of $0.03 Per Share, National Bank Financial Forecasts (TA)
www.americanbankingnews.com - May 11 at 10:44 AM
finance.yahoo.com logoEdited Transcript of TA.TO earnings conference call or presentation 8-May-17 3:00pm GMT
finance.yahoo.com - May 9 at 10:13 AM
finance.yahoo.com logoPRESS DIGEST- Canada- May 9
finance.yahoo.com - May 9 at 10:13 AM
finance.yahoo.com logoTransAlta Corp. breached its 50 day moving average in a Bullish Manner : TA-CA : May 9, 2017
finance.yahoo.com - May 9 at 10:13 AM
americanbankingnews.com logoTransAlta Co. (TA) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 8 at 2:08 PM
fool.ca logoRevealed: 5 Cheap Dividend Stocks Under $10
www.fool.ca - May 3 at 6:20 PM
americanbankingnews.com logoTransAlta Co. (TA) Set to Announce Quarterly Earnings on Friday
www.americanbankingnews.com - May 3 at 11:20 AM
theglobeandmail.com logoTrump's NAFTA threat far worse than it looks (and it looks ghastly)
www.theglobeandmail.com - May 1 at 11:17 AM
bloomberg.com logoNatural Gas Moves to the Naughty List
www.bloomberg.com - April 21 at 7:53 PM
americanbankingnews.com logoTransAlta Co. (TA) Given a C$8.00 Price Target by TD Securities Analysts
www.americanbankingnews.com - April 21 at 7:06 PM
finance.yahoo.com logoTransAlta Corp. – Value Analysis (TORONTO:TA) : April 20, 2017
finance.yahoo.com - April 20 at 8:48 PM
finance.yahoo.com logoTransAlta Corporation Announces Results of the Annual Meeting of Shareholders and Election of all Directors
finance.yahoo.com - April 20 at 8:48 PM
finance.yahoo.com logoTransAlta Board Approves Plan for Accelerating Transition to Clean Power in Alberta
finance.yahoo.com - April 20 at 1:09 AM
finance.yahoo.com logoTransAlta Corp. breached its 50 day moving average in a Bearish Manner : TA-CA : April 19, 2017
finance.yahoo.com - April 19 at 8:56 AM
finance.yahoo.com logoResearch Reports Initiated on Utilities Stocks TransAlta, Alterra Power, Atlantic Power, and Innergex Renewable Energy
finance.yahoo.com - April 11 at 9:20 AM
fool.ca logoValue Investors: Are These 2 Unloved Stocks Oversold?
www.fool.ca - March 21 at 10:01 AM
finance.yahoo.com logoEdited Transcript of TA.TO earnings conference call or presentation 3-Mar-17 4:00pm GMT
finance.yahoo.com - March 4 at 1:08 AM
theglobeandmail.com logoAt midday: TSX barely higher as oil price gain helps energy stocks
www.theglobeandmail.com - March 3 at 8:07 PM
baystreet.ca logoTSX Still Positive by Noon
www.baystreet.ca - March 3 at 8:07 PM
theglobeandmail.com logoSpeculators in ‘biggest bull bet’ on Canadian dollar since last spring
www.theglobeandmail.com - February 27 at 8:58 AM

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Chart

TransAlta (TA) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff