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 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend 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) announced its quarterly earnings results on Friday, May, 5th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.07 by $0.02. The business 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, February 26th 2020. View Earnings Estimates for TransAlta.

4 brokerages have issued 12-month price targets for TransAlta's shares. Their forecasts range from C$10.00 to C$13.00. On average, they anticipate TransAlta's stock price to reach C$11.14 in the next year. This suggests a possible upside of 0.7% 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 stories about TA stock have been trending neutral this week, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TransAlta earned a news sentiment score of 0.3 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the near future. View News Stories for TransAlta.

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

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$11.07.

TransAlta has a market capitalization of C$3.12 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.