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TSE:TA

TransAlta - TA Stock Forecast, Price & News

C$12.77
-0.08 (-0.62%)
(As of 01/31/2023 10:29 AM ET)
Add
Compare
Today's Range
C$12.77
▼
C$12.95
50-Day Range
C$11.87
▼
C$13.16
52-Week Range
C$10.52
▼
C$15.28
Volume
42,900 shs
Average Volume
474,573 shs
Market Capitalization
C$3.44 billion
P/E Ratio
38.70
Dividend Yield
1.73%
Price Target
C$16.69

TransAlta MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
29.9% Upside
C$16.69 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.38mentions of TransAlta in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
C$1.35 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars

See Top Rated MarketRank™ Stocks Here

TA stock logo

About TransAlta (TSE:TA) Stock

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through four segments: Hydro, Wind and Solar, Gas, and Energy Transition. owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. The company also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations. It serves municipalities, medium and large industries, businesses, and utility customers. The company was founded in 1909 and is headquartered in Calgary, Canada.

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TA Stock News Headlines

January 28, 2023 | americanbankingnews.com
TransAlta (TSE:TA) Upgraded to "Outperform" at National Bankshares
January 10, 2023 | finance.yahoo.com
Lafarge Canada and TransAlta announce agreement to advance low-carbon concrete with fly ash repurposing project in Alberta
January 31, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
January 10, 2023 | finance.yahoo.com
What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?
December 21, 2022 | finance.yahoo.com
In the wake of TransAlta Corporation's (TSE:TA) latest CA$238m market cap drop, institutional owners may be forced to take severe actions
December 12, 2022 | msn.com
TransAlta declares CAD 0.055 dividend
November 30, 2022 | finance.yahoo.com
Does TransAlta Corporation (TSE:TA) Create Value For Shareholders?
November 30, 2022 | finance.yahoo.com
Does TransAlta (TAC) Have the Potential to Rally 34% as Wall Street Analysts Expect?
January 31, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
November 14, 2022 | finance.yahoo.com
Can TransAlta (TAC) Climb 34% to Reach the Level Wall Street Analysts Expect?
November 14, 2022 | finance.yahoo.com
TransAlta Announces Public Offering of U.S. Senior Green Bonds and Releases Inaugural Green Bond Framework
November 10, 2022 | finance.yahoo.com
TransAlta Third Quarter 2022 Earnings: Beats Expectations
October 20, 2022 | finance.yahoo.com
TransAlta (TSE:TA) lifts 5.6% this week, taking five-year gains to 62%
October 19, 2022 | nasdaq.com
Southern (SO) Initiates Fuel Loading at Vogtle 3 Nuclear Plant - Nasdaq
October 19, 2022 | fool.ca
3 TSX Stocks I'd Buy in Today's Bear Market - The Motley Fool Canada
October 18, 2022 | ca.finance.yahoo.com
Get Passive Income of $500/Month With This TSX Stock - Yahoo Canada Finance
October 13, 2022 | fool.ca
Bear Market: 2 Safe TSX Stocks to Buy Right Now - The Motley Fool Canada
October 12, 2022 | fool.ca
3 Cheap Stocks That Yield up to 7.1% - The Motley Fool Canada
October 12, 2022 | baystreet.ca
TSX Falls Short of Breakeven - Baystreet.ca
October 11, 2022 | nasdaq.com
Shares of TAC Now Oversold
October 7, 2022 | fool.ca
Ready to Get Rich in the Stock Market? 5 Investments You Can't Go Wrong With - The Motley Fool Canada
October 7, 2022 | ca.finance.yahoo.com
2 Canadian Dividend Stocks (With +6% Yields) You’ll Regret Not Buying at These Prices - Yahoo Canada Finance
October 6, 2022 | nasdaq.com
Thursday Sector Laggards: Waste Management, Electric Utilities - Nasdaq
October 6, 2022 | fool.ca
2 Canadian Dividend Stocks (With +6% Yields) You'll Regret Not Buying at These Prices - The Motley Fool Canada
October 4, 2022 | fool.ca
How to Make $165 per Month in Passive Income Right Now - The Motley Fool Canada
October 1, 2022 | streetinsider.com
Tactical Resources Appoints Director with Global Mining Experience - StreetInsider.com
September 27, 2022 | fool.ca
2 Value Stocks to Buy Right Now - The Motley Fool Canada
See More Headlines
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TA Company Calendar

Last Earnings
11/08/2022
Ex-Dividend for 1/1 Dividend
11/30/2022
Dividend Payable
1/01/2023
Today
1/31/2023
Next Earnings (Confirmed)
2/23/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Utilities - Independent Power Producers
Sub-Industry
N/A
Sector
Utilities
Current Symbol
TSE:TA
CUSIP
N/A
CIK
N/A
Web
www.transalta.com
Phone
+1-403-2674724
Fax
N/A
Employees
1,282
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$16.69
High Stock Price Forecast
C$17.50
Low Stock Price Forecast
C$15.00
Forecasted Upside/Downside
+30.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
38.70
Forward P/E Ratio
26.06
P/E Growth
-0.07
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
163.30
Current Ratio
1.09
Quick Ratio
0.62

Sales & Book Value

Annual Sales
C$2.73 billion
Price / Sales
1.26
Cash Flow
C$3.01 per share
Price / Cash Flow
4.25
Book Value
C$2.21 per share
Price / Book
5.77

Miscellaneous

Outstanding Shares
269,400,000
Free Float
N/A
Market Cap
C$3.44 billion
Optionable
Optionable
Beta
N/A

Key Executives

  • Mr. John Harry Kousinioris (Age 58)
    Pres, CEO & Director
    Comp: $2.23M
  • Mr. Todd John Stack (Age 56)
    Exec. VP of Fin. & CFO
    Comp: $1.18M
  • Ms. Kerry O'Reilly Wilks (Age 45)
    Exec. VP of Legal, Commercial & External Affairs
    Comp: $1.09M
  • Ms. Jane Nyla Fedoretz
    Exec. VP of People, Talent & Transformation
  • Chiara Valentini
    Mang. of Investor Relations
  • Ms. Stacey Hatcher
    Mang. of Communications
  • Ms. Maria Perry
    MD of People & Talent
  • Ms. Dawn E. de Lima
    Chief Shared Services Officer
  • Mr. Aron John Willis (Age 48)
    Exec. Vice-Pres of Growth
  • Mr. Gary Woods
    Managing Director of Gas & Renewables

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions













TA Stock - Frequently Asked Questions

Should I buy or sell TransAlta stock right now?

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

What is TransAlta's stock price forecast for 2023?

4 Wall Street analysts have issued 1-year target prices for TransAlta's shares. Their TA share price forecasts range from C$15.00 to C$17.50. On average, they anticipate the company's share price to reach C$16.69 in the next twelve months. This suggests a possible upside of 29.9% from the stock's current price.
View analysts price targets for TA or view top-rated stocks among Wall Street analysts.

How have TA shares performed in 2023?

TransAlta's stock was trading at C$12.11 at the beginning of the year. Since then, TA stock has increased by 6.1% and is now trading at C$12.85.
View the best growth stocks for 2023 here.

When is TransAlta's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our TA earnings forecast.

How were TransAlta's earnings last quarter?

TransAlta Co. (TSE:TA) posted its earnings results on Tuesday, November, 8th. The company reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.34 by $0.11. The company had revenue of $929 million for the quarter.

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

TransAlta declared a quarterly dividend on Monday, December 12th. Stockholders of record on Wednesday, March 1st will be given a dividend of 0.055 per share on Saturday, April 1st. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date is Tuesday, February 28th.
Read our dividend analysis for TA.

Is TransAlta a good dividend stock?

TransAlta (TSE:TA) pays an annual dividend of C$0.20 per share and currently has a dividend yield of 1.73%. The dividend payout ratio is 60.61%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TA.

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 (SLF), Toronto-Dominion Bank (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 stock 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$12.85.

How much money does TransAlta make?

TransAlta (TSE:TA) has a market capitalization of C$3.46 billion and generates C$2.73 billion in revenue each year.

How many employees does TransAlta have?

The company employs 1,282 workers across the globe.

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 official website for the company is www.transalta.com. The company can be reached via phone at +1-403-2674724.

This page (TSE:TA) was last updated on 1/31/2023 by MarketBeat.com Staff