TSE:TA

TransAlta Stock Forecast, Price & News

C$10.31

-0.13 (-1.25 %)

(As of 03/5/2021 12:00 AM ET)

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Today's Range

C$10.10

Now: C$10.31▼

C$10.61

50-Day Range

C$10.44

MA: C$11.41▼

C$12.27

52-Week Range

C$5.32

Now: C$10.31▼

C$12.34

Volume1.35 million shs

Average Volume893,736 shs

Market CapitalizationC$2.79 billion

P/E RatioN/A

Dividend Yield1.72%

BetaN/A

TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. It operates through Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, and Energy Marketing segments. The company generates and markets electricity through various generation fuels, such as coal, natural gas, water, solar, and wind. It also engages in wholesale trading of electricity and other energy-related commodities and derivatives. The company operates facilities with approximately 8,385 megawatts of aggregate generating capacity. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.

Headlines

Varcoe: Once among the country's largest emitters, TransAlta joins journey to carbon neutrality
March 6, 2021 | msn.com

Edited Transcript of TA.TO earnings conference call or presentation 3-Mar-21 4:00pm GMT - Yahoo Finance
March 4, 2021 | finance.yahoo.com

TransAlta Corp (TAC) Q4 2020 Earnings Call Transcript - Motley Fool
March 4, 2021 | fool.com

Stocks in Play: TransAlta Corporation - Baystreet.ca
March 3, 2021 | baystreet.ca

TransAlta Corporation (TAC) CEO Dawn Farrell on Q4 2020 Results - Earnings Call Transcript - Seeking Alpha
March 3, 2021 | seekingalpha.com

TransAlta Corp (TAC) Q4 2020 Earnings Call Transcript
March 3, 2021 | finance.yahoo.com

TransAlta vows to be carbon-neutral by 2050 as it notes $167-million loss - The Globe and Mail
March 3, 2021 | theglobeandmail.com

Transalta Corp. (TAC) Reports Q4 FFO of C$0.59 - StreetInsider.com
March 3, 2021 | streetinsider.com

TransAlta Renewables Reports Fourth Quarter and Full Year 2020 Results and Provides Outlook for 2021 - PRNewswire
March 3, 2021 | prnewswire.com

TransAlta Reports Fourth Quarter and Full Year 2020 Results, Provides 2021 Outlook and Announces Carbon Neutrality by 2050 - PRNewswire
March 3, 2021 | prnewswire.com

TransAlta Reports Fourth Quarter and Full Year 2020 Results, Provides 2021 Outlook and Announces Carbon Neutrality by 2050
March 3, 2021 | finance.yahoo.com

TransAlta Corporation Provides Conversion Right and Dividend Rate Notice for Series A and B Preferred Shares - PRNewswire
March 1, 2021 | prnewswire.com

How Many TransAlta Renewables Inc. (TSE:RNW) Shares Do Institutions Own? - Yahoo Finance
February 27, 2021 | finance.yahoo.com

PEN Canada successfully Intervenes in Sec. 91 Challenge to Canada Elections Act
February 24, 2021 | finance.yahoo.com

TransAlta (TAC) is Overbought: Is A Drop Coming?
February 12, 2021 | finance.yahoo.com

Media Advisory: TransAlta and TransAlta Renewables Fourth Quarter and Full Year 2020 Results and Conference Call
February 8, 2021 | finance.yahoo.com

TransAlta and TransAlta Renewables Announce President and Chief Executive Officer Succession
February 4, 2021 | finance.yahoo.com

Here's What TransAlta Corporation's (TSE:TA) Shareholder Ownership Structure Looks Like
February 3, 2021 | finance.yahoo.com

Is TAC A Good Stock To Buy Now?
December 14, 2020 | finance.yahoo.com

Government introduces legislation to support safe, secure and accessible voting during the pandemic
December 10, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE

Industry Utilities - Independent Power Producers

Sub-IndustryN/A

SectorUtilities

Current SymbolTSE:TA

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.transalta.com

Phone+1-403-2674724

Employees1,543

Year FoundedN/A

Debt

Debt-to-Equity Ratio89.97

Current Ratio1.13

Quick Ratio0.61

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E Growth-2.26

Sales & Book Value

Annual SalesC$2.17 billion

Price / Sales1.29

Cash FlowC$0.91 per share

Price / Cash Flow11.32

Book ValueC$6.28 per share

Price / Book1.64

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares270,245,000

Market CapC$2.79 billion

Next Earnings Date5/11/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.38 out of 5 stars

4.3 Analyst's Opinion

Consensus Rating
TransAlta has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$13.63, TransAlta has a forecasted upside of 32.2% from its current price of C$10.31.
Amount of Analyst Coverage
TransAlta has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.8 Community Rank

Outperform Votes
TransAlta has received 279 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
TransAlta has received 511 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
TransAlta has received 64.68% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about TransAlta and other stocks. Vote “Outperform” if you believe TA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TA will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
TransAlta pays a meaningful dividend of 1.72%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
TransAlta does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TransAlta insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,836,986.00 in company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of TransAlta is -27.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of TransAlta is -27.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for TransAlta, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
TransAlta has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

C$10.31

-0.13 (-1.25 %)

(As of 03/5/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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TransAlta (TSE:TA) Frequently Asked Questions

Is TransAlta a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TransAlta in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TransAlta stock.
View analyst ratings for TransAlta or view top-rated stocks.

What stocks does MarketBeat like better than TransAlta?

Wall Street analysts have given TransAlta a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TransAlta wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is TransAlta's next earnings date?

TransAlta is scheduled to release its next quarterly earnings announcement on Tuesday, May 11th 2021.
View our earnings forecast for TransAlta.

How were TransAlta's earnings last quarter?

TransAlta Co. (TSE:TA) announced its quarterly earnings data on Friday, May, 5th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.02. The firm had revenue of $578 million for the quarter, compared to analyst estimates of $571.03 million.
View TransAlta's earnings history.

How has TransAlta's stock been impacted by COVID-19 (Coronavirus)?

TransAlta's stock was trading at C$7.65 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TA stock has increased by 34.8% and is now trading at C$10.31.
View which stocks have been most impacted by COVID-19.

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

TransAlta declared a quarterly dividend on Tuesday, November 3rd. Stockholders of record on Tuesday, December 1st will be paid a dividend of 0.043 per share on Friday, January 1st. This represents a $0.17 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend is Monday, November 30th.
View TransAlta's dividend history.

Is TransAlta a good dividend stock?

TransAlta pays an annual dividend of C$0.17 per share and currently has a dividend yield of 1.72%.
View TransAlta's dividend history.

What price target have analysts set for TA?

7 brokers have issued 12 month target prices for TransAlta's stock. Their forecasts range from C$10.00 to C$17.50. On average, they anticipate TransAlta's share price to reach C$13.63 in the next twelve months. This suggests a possible upside of 32.2% from the stock's current price.
View analysts' price targets for TransAlta or view top-rated stocks among Wall Street analysts.

Who are TransAlta's key executives?

TransAlta's management team includes the following people:

Ms. Dawn Lorraine Farrell, Pres, CEO & Non-Independent Director (Age 61, Pay $2.58M)
Mr. Todd John Stack, Chief Financial Officer
Mr. John Harry Kousinioris, Chief Operating Officer (Age 55, Pay $1.28M)
Ms. Dawn E. de Lima, Chief Shared Services Officer
Mr. Brett M. Gellner, Chief Devel. Officer (Age 57, Pay $1.15M)
Chiara Valentini, Mang. of Investor Relations
Ms. Kerry O'Reilly Wilks, Chief Officer of Legal, Regulatory & External Affairs
Ms. Stacey Hatcher, Mang. of Communications
Mr. Aron John Willis, Sr. Vice-Pres of Growth (Age 46)
Ms. Jane Nyla Fedoretz, Chief Talent & Transformation Officer

Who are some of TransAlta's key competitors?

Some companies that are related to TransAlta include Uniper (UN01), Northland Power (NPI), TransAlta Renewables (RNW), Boralex Inc. (BLX.TO) (BLX), Innergex Renewable Energy Inc. (INE.TO) (INE), Encavis AG (CAP.F) (CAP), Drax Group (DRX), ContourGlobal (GLO), Polaris Infrastructure (PIF), PowerHouse Energy Group Plc (PHE.L) (PHE), Spark Power Group (SPG), Aggregated Micro Power (AMPH), Green & Smart (GSH), AGL Energy (AGLXY) and AGL Energy (AGLNF).
View all of TA's competitors.

What other stocks do shareholders of TransAlta own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TransAlta investors own include TransAlta (TAC), Enbridge (ENB), Manulife Financial (MFC), Bank of America (BAC), Sun Life Financial Inc. (SLF.TO) (SLF), The Toronto-Dominion Bank (TD.TO) (TD), TC Energy (TRP), Costco Wholesale (COST), Cenovus Energy (CVE) and General Electric (GE).

What is TransAlta's stock symbol?

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

How do I buy shares of TransAlta?

Shares of TA 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's stock price today?

One share of TA stock can currently be purchased for approximately C$10.31.

How much money does TransAlta make?

TransAlta has a market capitalization of C$2.79 billion and generates C$2.17 billion in revenue each year.

How many employees does TransAlta have?

TransAlta employs 1,543 workers across the globe.

What is TransAlta's official website?

The official website for TransAlta is www.transalta.com.

Where are TransAlta's headquarters?

TransAlta is headquartered at Calgary Alberta T2p 2mi 110 12th Ave SW Station, Stn M PO Box 1900, CALGARY, AB T2P 2M1, Canada.

How can I contact TransAlta?

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.

This page was last updated on 3/7/2021 by MarketBeat.com Staff

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