TSE:TA - TransAlta Stock Price, Forecast & News

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

TransAlta announced a quarterly dividend on Thursday, January 16th. Shareholders of record on Monday, March 2nd will be given a dividend of 0.043 per share on Wednesday, April 1st. This represents a $0.17 annualized dividend and a yield of 1.63%. The ex-dividend date is Friday, February 28th. This is an increase from TransAlta's previous quarterly dividend of $0.04. View TransAlta's Dividend History.

TransAlta Co. (TSE:TA) released its quarterly earnings results on Friday, May, 5th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.02. The firm had revenue of $578 million for the quarter, compared to analysts' expectations of $571.03 million. View TransAlta's Earnings History.

TransAlta is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for TransAlta.

4 Wall Street analysts have issued 12-month price targets for TransAlta's stock. Their forecasts range from C$10.00 to C$13.00. On average, they anticipate TransAlta's share price to reach C$11.14 in the next year. This suggests a possible upside of 5.4% from the stock's current price. View Analyst Price Targets for TransAlta.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransAlta in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TransAlta.

News coverage about TA stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative 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 closest to five being the most favorable. TransAlta earned a coverage optimism score of -1.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for TransAlta.

Some companies that are related to TransAlta include Meridian Energy (MEZ), Algonquin Power & Utilities (AQN), Uniper (UN01), Mercury NZ (MCY), Northland Power (NPI), Contact Energy (CEN), TransAlta Renewables (RNW), Innergex Renewable Energy (INE), Boralex (BLX), Infratil (IFT), Encavis (CAP), Contourglobal (GLO), Drax Group (DRX), New Energy Solar (NEW) and Polaris Infrastructure (PIF).

Based on aggregate information from My MarketBeat watchlists, some companies that other TransAlta investors own include TransAlta (TAC), Enbridge (ENB), Altagas (ALA), Manulife Financial (MFC), Sun Life Financial (SLF), Suncor Energy (SU), Cenovus Energy (CVE), Diversified Royalty (DIV), Husky Energy (HSE) and Maxar Technologies (MAXR).

Shares of TA 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.

One share of TA stock can currently be purchased for approximately C$10.57.

TransAlta has a market capitalization of C$2.98 billion and generates C$2.36 billion in revenue each year. TransAlta employs 1,883 workers across the globe.View Additional Information About TransAlta.

The official website for TransAlta is http://www.transalta.com/.

TransAlta's mailing address is Calgary Alberta T2p 2mi 110 12th Ave SW Station, Stn M PO Box 1900, CALGARY, AB T2P 2M1, Canada. The company can be reached via phone at +1-403-2674724.