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TSE:TATransAlta Stock Price, Forecast & News

C$7.08
-0.01 (-0.14 %)
(As of 04/5/2020 04:00 PM ET)
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Today's Range
C$6.97
Now: C$7.08
C$7.36
50-Day Range
C$5.52
MA: C$8.80
C$11.22
52-Week Range
C$5.32
Now: C$7.08
C$11.23
Volume1.05 million shs
Average Volume1.23 million shs
Market CapitalizationC$1.96 billion
P/E Ratio38.48
Dividend Yield2.40%
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 eight segments: Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing, and Corporate. 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 9,331 megawatts of aggregate generating capacity. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 1.8Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.12 out of 5 stars


Industry, Sector and Symbol

Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
CIKN/A
Phone+1-403-2674724

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$2.35 billion
Cash FlowC$1.74 per share
Book ValueC$7.29 per share

Profitability

Miscellaneous

Employees1,883
Market CapC$1.96 billion
Next Earnings Date5/12/2020 (Estimated)
OptionableOptionable

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TransAlta (TSE:TA) Frequently Asked Questions

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 shares have decreased by 7.5% and is now trading at C$7.08. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of TransAlta?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransAlta in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TransAlta.

When is TransAlta's next earnings date?

TransAlta is scheduled to release its next quarterly earnings announcement on Tuesday, May 12th 2020. View our earnings forecast for TransAlta.

How were TransAlta's earnings last quarter?

TransAlta Co. (TSE:TA) released its quarterly earnings results on Wednesday, March, 4th. The company reported $0.13 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.08 by $0.05. The firm had revenue of $609 million for the quarter. View TransAlta's earnings history.

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

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 2.43%. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from TransAlta's previous quarterly dividend of $0.04. View TransAlta's dividend history.

What price target have analysts set for TA?

3 equities research analysts have issued 12 month price objectives for TransAlta's shares. Their forecasts range from C$8.50 to C$13.00. On average, they expect TransAlta's stock price to reach C$11.50 in the next twelve months. This suggests a possible upside of 62.4% from the stock's current price. View analysts' price targets for TransAlta.

Has TransAlta been receiving favorable news coverage?

Media headlines about TA stock have been trending very negative this week, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public 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 -3.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutTransAlta.

Who are some of TransAlta's key 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), Sun Life Financial (SLF), Suncor Energy (SU), Cenovus Energy (CVE), Diversified Royalty (DIV), Husky Energy (HSE), Maxar Technologies (MAXR) and Sherritt International (S).

Who are TransAlta's key executives?

TransAlta's management team includes the following people:
  • Ms. Dawn Lorraine Farrell, Pres, CEO & Director (Age 59)
  • Mr. Christophe Dehout, Chief Financial Officer
  • Mr. Brett M. Gellner, Chief Strategy & Investment Officer (Age 55)
  • Mr. John Harry Kousinioris, Chief Growth Officer (Age 54)
  • Mr. Wayne Alexander Collins BEng (Elect), BBus, CPEng, GAICD, Exec. Vice-Pres of Coal & Mining Operations

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 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 TA stock can currently be purchased for approximately C$7.08.

How big of a company is TransAlta?

TransAlta has a market capitalization of C$1.96 billion and generates C$2.35 billion in revenue each year. TransAlta employs 1,883 workers across the globe. View additional information about TransAlta.

What is TransAlta's official website?

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

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 4/5/2020 by MarketBeat.com Staff

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