TransAlta 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:
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 declared 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 yield of 2.19%. The ex-dividend date is Wednesday, August 30th. View TransAlta's Dividend History.
How were TransAlta's earnings last quarter?
TransAlta Co. (TSE:TA) posted its earnings results on Friday, May, 5th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.02. The company had revenue of $578 million for the quarter, compared to analyst estimates 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?
Where is TransAlta's stock going? Where will TransAlta's stock price be in 2017?
5 brokers have issued 12 month target prices for TransAlta's shares. Their predictions range from C$7.00 to C$9.00. On average, they expect TransAlta's stock price to reach C$8.00 in the next year. View Analyst Ratings for TransAlta.
Who are some of TransAlta's key competitors?
Some companies that are related to TransAlta include Northland Power (NPI), TransAlta Renewables (RNW), Innergex Renewable Energy (INE), Just Energy Group (JE), Atlantic Power Corp (ATP), Etrion SA (ETX), Premier Holdings Corp (PRHL), A2A SpA (A2A), AGL Energy Ltd (AGL), AusNet Services (AST), Electricite de France SA (EDF) and Enel S.p.A. (ENEL).
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)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.
Earnings History for TransAlta (TSE:TA)Earnings History by Quarter for TransAlta (TSE TA)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/3/2017 | | | | | | | | |
| 5/5/2017 | Q1 2017 | C$0.07 | C$0.05 | C$571.03 million | C$578.00 million | View | N/A |  |
| 7/30/2014 | | C($0.01) | C($0.04) | | C$491.00 million | View | N/A | |
| 4/29/2014 | | C$0.10 | C$0.17 | | C$775.00 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for TransAlta (TSE:TA)Current Year EPS Consensus Estimate: $-0.11 EPS
Dividend History by Quarter for TransAlta (TSE TA)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/19/2017 | Quarterly | $0.04 | 2.09% | 8/30/2017 | 9/1/2017 | 10/1/2017 |
| 5/28/2015 | Quarterly | $0.18 | 6.58% | 5/28/2015 | 7/1/2015 | 7/1/2015 |
| 2/26/2015 | Quarterly | $0.18 | 6.46% | 2/26/2015 | 4/1/2015 | 4/1/2015 |
| 11/26/2014 | Quarterly | $0.18 | 6.29% | 11/26/2014 | 1/1/2015 | 1/1/2015 |
| 7/22/2014 | quarterly | $0.18 | 5.67% | 8/27/2014 | 8/29/2014 | 10/1/2014 |
| 4/28/2014 | quarterly | $0.18 | | | 5/30/2014 | 7/1/2014 |
| 2/28/2014 | Quarterly | $0.18 | 5.59% | 2/28/2014 | 4/1/2014 | 4/1/2014 |
| 7/23/2013 | quarterly | $0.29 | | | 8/30/2013 | 10/1/2013 |
| 4/22/2013 | quarterly | $0.29 | | | 5/31/2013 | 7/1/2013 |
| 1/28/2013 | quarterly | $0.29 | | | 3/1/2013 | 4/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for TransAlta (TSE:TA)Insider Trades by Quarter for TransAlta (TSE:TA)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/24/2017 | David Lawrence Mowat | Director | Buy | 1,250 | C$44.75 | C$55,937.50 | |
| 8/14/2017 | David Lawrence Mowat | Director | Buy | 475 | C$45.17 | C$21,455.75 | |
| 6/16/2017 | Francois Gratton | Insider | Sell | 555 | C$45.69 | C$25,357.95 | |
| 6/6/2017 | David Lawrence Mowat | Director | Buy | 225 | C$45.92 | C$10,332.00 | |
| 3/6/2017 | David Lawrence Mowat | Director | Buy | 235 | C$43.10 | C$10,128.50 | |
| 2/16/2017 | Sandy Mcintosh | Insider | Buy | 195 | C$42.84 | C$8,353.80 | |
| 2/10/2017 | David Lawrence Mowat | Director | Buy | 480 | C$43.04 | C$20,659.20 | |
| 3/29/2016 | P. Thomas Jenkins | Director | Buy | 237,000 | C$5.83 | C$1,381,615.20 | |
| 3/3/2016 | Donald Tremblay | Insider | Buy | 16,000 | C$6.02 | C$96,312.00 | |
| 2/22/2016 | John Harry Kousinioris | Insider | Buy | 12,500 | C$5.98 | C$74,782.50 | |
| 12/9/2015 | Nipa Chakravarti | Insider | Buy | 1,100 | C$4.32 | C$4,752.00 | |
| 5/21/2015 | P. Thomas Jenkins | Director | Sell | 23,400 | C$11.02 | C$257,968.62 | |
(Data available from 1/1/2013 forward)
Headline Trends for TransAlta (TSE:TA)
Latest Headlines for TransAlta (TSE:TA)
| Source: |
|
| Date | Headline |
|---|
 | TransAlta Renewables (TRSWF) Presents At Peters & Co. Limited 21st Annual Energy Conference - Slideshow
seekingalpha.com - September 16 at 9:23 AM |
| TransAlta Renewables (TRSWF) Presents At Peters & Co. Limited 21st Annual Energy Conference - Slideshow
seekingalpha.com - September 16 at 9:23 AM |
 | TransAlta Co. (TA) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 9 at 11:04 AM |
 | Research Initiated on Utilities Stocks, Algonquin Power and Utilities, TransAlta Alterra Power, and Atlantic Power
finance.yahoo.com - September 5 at 8:58 AM |
| TransAlta 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 |
| ETFs with exposure to TransAlta Corp. : August 28, 2017
finance.yahoo.com - August 29 at 8:28 AM |
| Insider Buying: TransAlta Co. (TA) Director Acquires 1,250 Shares of Stock
www.americanbankingnews.com - August 28 at 10:22 PM |
 | Dividend 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 |
 | Dividend 15 Split Corp. Completes Overnight Offering of $87,403,800
www.marketwatch.com - August 24 at 1:42 PM |
| TransAlta Corp. :TA-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 18, 2017
finance.yahoo.com - August 19 at 8:02 AM |
| ETFs with exposure to TransAlta Corp. : August 18, 2017
finance.yahoo.com - August 19 at 8:02 AM |
| TransAlta Co. (TA) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 15 at 4:58 PM |
| TransAlta 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 |
| TransAlta Co. (TSE:TA) Director David Lawrence Mowat Purchases 475 Shares
www.americanbankingnews.com - August 15 at 12:16 AM |
| Edited Transcript of TA.TO earnings conference call or presentation 10-Aug-17 3:00pm GMT
finance.yahoo.com - August 13 at 6:42 AM |
| TransAlta Co. (TSE:TA) Given a C$8.00 Price Target at Scotiabank
www.americanbankingnews.com - August 11 at 3:08 PM |
| TransAlta Corp. :TA-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 5 at 7:34 AM |
| TransAlta 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 |
| TransAlta Co. (TA) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - August 2 at 7:22 AM |
 | BRIEF-Fortescue Metals updates on status of South Hedland power station
www.reuters.com - August 1 at 6:46 AM |
 | Contrarian Investors: Should You Own Cameco Corp. or TransAlta Corporation?
www.fool.ca - July 22 at 9:23 AM |
| TransAlta Co. (TSE:TA) Announces $0.04 Quarterly Dividend
www.americanbankingnews.com - July 20 at 11:22 AM |
| Contrarian Investors: Should You Buy This Unloved Canadian Stock?
www.fool.ca - July 11 at 4:03 PM |
| Media Advisory: TransAlta Second Quarter 2017 Results and Conference Call
finance.yahoo.com - July 11 at 4:03 PM |
| BRIEF-Transalta Corp comments on Balancing Pools announcement regarding consultation process initiation
www.reuters.com - July 6 at 11:55 AM |
| Francois Gratton Sells 555 Shares of TransAlta Co. (TA) Stock
www.americanbankingnews.com - June 19 at 7:56 PM |
| David Lawrence Mowat Purchases 225 Shares of TransAlta Co. (TA) Stock
www.americanbankingnews.com - June 8 at 4:56 PM |
| TransAlta 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 |
| BMO Capital Markets Analysts Give TransAlta Co. (TA) a C$8.00 Price Target
www.americanbankingnews.com - May 23 at 2:30 PM |
| TransAlta 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 |
| TransAlta Co. to Post FY2017 Earnings of $0.03 Per Share, National Bank Financial Forecasts (TA)
www.americanbankingnews.com - May 11 at 10:44 AM |
| Edited Transcript of TA.TO earnings conference call or presentation 8-May-17 3:00pm GMT
finance.yahoo.com - May 9 at 10:13 AM |
| PRESS DIGEST- Canada- May 9
finance.yahoo.com - May 9 at 10:13 AM |
| TransAlta 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 |
| TransAlta Co. (TA) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 8 at 2:08 PM |
| Revealed: 5 Cheap Dividend Stocks Under $10
www.fool.ca - May 3 at 6:20 PM |
| TransAlta Co. (TA) Set to Announce Quarterly Earnings on Friday
www.americanbankingnews.com - May 3 at 11:20 AM |
 | Trump's NAFTA threat far worse than it looks (and it looks ghastly)
www.theglobeandmail.com - May 1 at 11:17 AM |
 | Natural Gas Moves to the Naughty List
www.bloomberg.com - April 21 at 7:53 PM |
| TransAlta Co. (TA) Given a C$8.00 Price Target by TD Securities Analysts
www.americanbankingnews.com - April 21 at 7:06 PM |
| TransAlta Corp. – Value Analysis (TORONTO:TA) : April 20, 2017
finance.yahoo.com - April 20 at 8:48 PM |
| TransAlta Corporation Announces Results of the Annual Meeting of Shareholders and Election of all Directors
finance.yahoo.com - April 20 at 8:48 PM |
| TransAlta Board Approves Plan for Accelerating Transition to Clean Power in Alberta
finance.yahoo.com - April 20 at 1:09 AM |
| TransAlta 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 |
| Research Reports Initiated on Utilities Stocks TransAlta, Alterra Power, Atlantic Power, and Innergex Renewable Energy
finance.yahoo.com - April 11 at 9:20 AM |
| Value Investors: Are These 2 Unloved Stocks Oversold?
www.fool.ca - March 21 at 10:01 AM |
| Edited Transcript of TA.TO earnings conference call or presentation 3-Mar-17 4:00pm GMT
finance.yahoo.com - March 4 at 1:08 AM |
| At midday: TSX barely higher as oil price gain helps energy stocks
www.theglobeandmail.com - March 3 at 8:07 PM |
 | TSX Still Positive by Noon
www.baystreet.ca - March 3 at 8:07 PM |
| Speculators in ‘biggest bull bet’ on Canadian dollar since last spring
www.theglobeandmail.com - February 27 at 8:58 AM |
TransAlta (TA) Chart for Friday, September, 22, 2017
