TSE:TATransAlta Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TransAlta Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$7.08 -0.01 (-0.14 %) (As of 04/5/2020 04:00 PM ET) Add Compare Share Today's RangeC$6.97Now: C$7.08▼C$7.3650-Day RangeC$5.52MA: C$8.80▼C$11.2252-Week RangeC$5.32Now: C$7.08▼C$11.23Volume1.05 million shsAverage Volume1.23 million shsMarket CapitalizationC$1.96 billionP/E Ratio38.48Dividend Yield2.40%BetaN/A ProfileAnalyst RatingsAdvanced ChartDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingTransAlta has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$11.50, TransAlta has a potential upside of 62.4% from its current price of C$7.08.Amount of Analyst CoverageTransAlta has only been the subject of 4 research reports in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesTransAlta has received 271 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTransAlta has received 499 “underperform” votes. (Add your “underperform” vote.)Community SentimentTransAlta has received 64.81% “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. Previous Next 1.7 Dividend Strength Dividend LeadershipTransAlta is a leading dividend payer. It pays a dividend yield of 2.40%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTransAlta does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of TransAlta is 86.96 %. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TransAlta insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$2,519,046.00 in company stock and sold C$0.00 in company stock. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TransAlta are expected to decrease by -100.00% in the coming year, from C($0.21) to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TransAlta is 38.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 10.88.Price to Earnings Ratio vs. SectorThe P/E ratio of TransAlta is 38.48, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 26.02.Price to Earnings Growth RatioDue to a projected decrease in earnings for TransAlta, their PEG ratio cannot be calculated.Price to Book Value per Share RatioTransAlta has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange TSE Industry Utilities - Independent Power Producers Sub-IndustryN/A SectorUtilities Current SymbolTSE:TA Previous Symbol CUSIPN/A CIKN/A Webhttp://www.transalta.com/ Phone+1-403-2674724Debt Debt-to-Equity Ratio87.10 Current Ratio1.20 Quick Ratio0.74Price-To-Earnings Trailing P/E Ratio38.48 Forward P/E RatioN/A P/E Growth-0.72 Sales & Book Value Annual SalesC$2.35 billion Price / Sales0.84 Cash FlowC$1.74 per share Price / Cash Flow4.06 Book ValueC$7.29 per share Price / Book0.97Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees1,883 Outstanding Shares277,076,000Market CapC$1.96 billion Next Earnings Date5/12/2020 (Estimated) OptionableOptionable Receive TA News and Ratings via Email Sign-up to receive the latest news and ratings for TA and its competitors with MarketBeat's FREE daily newsletter. TSX:TA Rates by TradingView 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? Some companies that are related to TransAlta include Mercury NZ (MCY), Contact Energy (CEN), Northland Power (NPI), TransAlta Renewables (RNW), Innergex Renewable Energy (INE), Infratil (IFT), Boralex (BLX), Encavis (CAP), Contourglobal (GLO), Drax Group (DRX), New Energy Solar (NEW), Polaris Infrastructure (PIF), Zenith Energy (ZEN), Energy World (EWC) and Integrated Green Energy Solutions (IGE). 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 OfficerMr. 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 StaffFeatured Article: Hedge Funds Explained
