TSE:TA

TransAlta Stock Forecast, Price & News

C$12.23

+0.03 (+0.25 %)

(As of 04/20/2021 12:00 AM ET)

Add

Compare

Today's Range

C$12.09

Now: C$12.23▼

C$12.29

50-Day Range

C$10.31

MA: C$11.57▼

C$12.41

52-Week Range

C$7.18

Now: C$12.23▼

C$12.50

Volume322,447 shs

Average Volume771,362 shs

Market CapitalizationC$3.30 billion

P/E RatioN/A

Dividend Yield1.48%

BetaN/A

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

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

Webwww.transalta.com

Phone+1-403-2674724

Employees1,476

Year FoundedN/A

Debt

Debt-to-Equity Ratio119.06

Current Ratio2.03

Quick Ratio1.32

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E Growth-5.81

Sales & Book Value

Annual SalesC$2.10 billion

Price / Sales1.57

Cash FlowC$2.58 per share

Price / Cash Flow4.73

Book ValueC$5.23 per share

Price / Book2.34

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares269,883,000

Market CapC$3.30 billion

Next Earnings Date5/11/2021 (Estimated)

OptionableOptionable

Headlines

TransAlta (TSE:TA) Price Target Raised to C$13.50
April 20, 2021 | americanbankingnews.com

TransAlta (TSE:TA) Price Target Raised to C$14.50 at Scotiabank
April 17, 2021 | americanbankingnews.com

TransAlta (TSE:TA) Reaches New 52-Week High at $12.50
April 14, 2021 | americanbankingnews.com

TransAlta Co. (TSE:TA) Given Average Rating of "Buy" by Brokerages
April 12, 2021 | americanbankingnews.com

TransAlta (TSE:TA) Sets New 52-Week High at $12.35
April 6, 2021 | americanbankingnews.com

TransAlta (TSE:TA) Stock Crosses Above Two Hundred Day Moving Average of $9.79
April 3, 2021 | americanbankingnews.com

Late Start to Retirement Savings? How to Catch Up Quickly - The Motley Fool Canada
April 1, 2021 | fool.ca

TransAlta Renewables (TSE:RNW) Has Gifted Shareholders With A Fantastic 111% Total Return On Their Investment - Yahoo Finance
March 31, 2021 | finance.yahoo.com

TransAlta CEO Dawn Farrell's advice for women: Don't leave when the going gets tough - The Globe and Mail
March 29, 2021 | theglobeandmail.com

TransAlta Corporation: TransAlta Benefits From Higher Alberta Power Prices and Growing Development Pipeline
March 27, 2021 | finance.yahoo.com

The President of TransAlta Corporation (TSE:TA), Dawn Farrell, Just Bought 28% More Shares - Yahoo Finance
March 13, 2021 | finance.yahoo.com

The President of TransAlta Corporation (TSE:TA), Dawn Farrell, Just Bought 28% More Shares
March 13, 2021 | finance.yahoo.com

5 Electric Power Stocks to Watch As COVID-Led Weakness Subsides
March 12, 2021 | finance.yahoo.com

Varcoe: Once among the country's largest emitters, TransAlta joins journey to carbon neutrality
March 6, 2021 | msn.com

Edited Transcript of TA.TO earnings conference call or presentation 3-Mar-21 4:00pm GMT - Yahoo Finance
March 4, 2021 | finance.yahoo.com

TransAlta Corp (TAC) Q4 2020 Earnings Call Transcript - Motley Fool
March 4, 2021 | fool.com

Stocks in Play: TransAlta Corporation - Baystreet.ca
March 3, 2021 | baystreet.ca

TransAlta Corporation (TAC) CEO Dawn Farrell on Q4 2020 Results - Earnings Call Transcript - Seeking Alpha
March 3, 2021 | seekingalpha.com

TransAlta Corp (TAC) Q4 2020 Earnings Call Transcript
March 3, 2021 | finance.yahoo.com

TransAlta vows to be carbon-neutral by 2050 as it notes $167-million loss - The Globe and Mail
March 3, 2021 | theglobeandmail.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.35 out of 5 stars

3.3 Analyst's Opinion

Consensus Rating
TransAlta has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$13.81, TransAlta has a forecasted upside of 12.9% from its current price of C$12.23.
Amount of Analyst Coverage
TransAlta has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.8 Community Rank

Outperform Votes
TransAlta has received 280 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
TransAlta has received 513 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
TransAlta has received 64.69% “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.

0.0 Dividend Strength

Dividend Yield
TransAlta has a dividend yield of 1.48%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
TransAlta does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TransAlta insiders have bought 2,040,100.00% more of their company's stock than they have sold. Specifically, they have bought C$1,876,984.00 in company stock and sold C$92.00 in company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of TransAlta is -10.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of TransAlta is -10.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for TransAlta, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
TransAlta has a P/B Ratio of 2.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

C$12.23

+0.03 (+0.25 %)

(As of 04/20/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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.

TransAlta (TSE:TA) Frequently Asked Questions

Is TransAlta a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TransAlta in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TransAlta stock.
View analyst ratings for TransAlta or view top-rated stocks.

What stocks does MarketBeat like better than TransAlta?

Wall Street analysts have given TransAlta a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TransAlta wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is TransAlta's next earnings date?

TransAlta is scheduled to release its next quarterly earnings announcement on Tuesday, May 11th 2021.
View our earnings forecast for TransAlta.

How were TransAlta's earnings last quarter?

TransAlta Co. (TSE:TA) posted its earnings results on Wednesday, March, 3rd. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.01 by $0.23. The company had revenue of $544 million for the quarter.
View TransAlta's earnings history.

How has TransAlta's stock been impacted by Coronavirus?

TransAlta's stock was trading at C$7.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TA shares have increased by 59.9% and is now trading at C$12.23.
View which stocks have been most impacted by COVID-19.

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

TransAlta declared a quarterly dividend on Tuesday, November 3rd. Stockholders of record on Tuesday, December 1st will be paid a dividend of 0.043 per share on Friday, January 1st. This represents a $0.17 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend is Monday, November 30th.
View TransAlta's dividend history.

Is TransAlta a good dividend stock?

TransAlta pays an annual dividend of C$0.17 per share and currently has a dividend yield of 1.48%.
View TransAlta's dividend history.

What price target have analysts set for TA?

7 equities research analysts have issued twelve-month price targets for TransAlta's stock. Their forecasts range from C$10.00 to C$17.50. On average, they anticipate TransAlta's stock price to reach C$13.81 in the next twelve months. This suggests a possible upside of 12.9% from the stock's current price.
View analysts' price targets for TransAlta or view top-rated stocks among Wall Street analysts.

Who are TransAlta's key executives?

TransAlta's management team includes the following people:

Ms. Dawn Lorraine Farrell, Pres, CEO & Non-Independent Director (Age 61, Pay $2.58M)
Mr. Todd John Stack, Exec. VP of Fin. & CFO
Mr. John Harry Kousinioris, Chief Operating Officer (Age 55, Pay $1.28M)
Ms. Dawn E. de Lima, Chief Shared Services Officer
Mr. Brett M. Gellner, Chief Devel. Officer (Age 57, Pay $1.15M)
Chiara Valentini, Mang. of Investor Relations
Ms. Kerry O'Reilly Wilks, Exec. VP of Legal, Commercial & External Affairs
Ms. Stacey Hatcher, Mang. of Communications
Ms. Jane Nyla Fedoretz, Exec. VP of People, Talent & Transformation
Mr. Aron John Willis, Exec. Vice-Pres of Growth (Age 46)

Who are some of TransAlta's key competitors?

Some companies that are related to TransAlta include Algonquin Power & Utilities (AQN), Uniper (UN01), Northland Power (NPI), TransAlta Renewables (RNW), Boralex (BLX), Innergex Renewable Energy (INE), Cryptology Asset Group (CAP), Drax Group (DRX), ContourGlobal (GLO), Polaris Infrastructure (PIF), PowerHouse Energy Group (PHE), Healthcare Capital (HCCC), Spark Power Group (SPG), Aggregated Micro Power (AMPH) and Green & Smart (GSH).
View all of TA's 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), Bank of America (BAC), Sun Life Financial (SLF), The 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 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$12.23.

How much money does TransAlta make?

TransAlta has a market capitalization of C$3.30 billion and generates C$2.10 billion in revenue each year.

How many employees does TransAlta have?

TransAlta employs 1,476 workers across the globe.

What is TransAlta's official website?

The official website for TransAlta is www.transalta.com.

Where are TransAlta's headquarters?

TransAlta is headquartered at Calgary Alberta T2p 2mi 110 12th Ave SW Station, Stn M PO Box 1900, CALGARY, AB T2P 2M1, Canada.

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 4/21/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here