TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. The company operates through eight segments: Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing, and Corporate. It generates and markets electricity through various generation facilities. The company has an aggregate net ownership interest of approximately 8,546 megawatts of generating capacity. 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
SymbolTSE:TA
CUSIPN/A
Phone+1-403-2674724
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-6.46%
Return on Equity-4.34%
Return on Assets-1.47%
Miscellaneous
EmployeesN/A
Outstanding Shares287,500,000
Market CapC$2,140.00
TransAlta (TSE:TA) Frequently Asked Questions
What is TransAlta's stock symbol?
TransAlta trades on the Toronto 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 Thursday, April 19th. Shareholders of record on Friday, June 1st will be given a dividend of 0.04 per share on Tuesday, July 3rd. This represents a $0.16 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date is Thursday, May 31st. View TransAlta's Dividend History.
How were TransAlta's earnings last quarter?
TransAlta Co. (TSE:TA) issued its earnings results on Tuesday, May, 8th. The company reported $0.23 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.14. The company had revenue of $588 million for the quarter, compared to analyst estimates of $595.64 million. TransAlta had a negative net margin of 6.46% and a negative return on equity of 4.34%. View TransAlta's Earnings History.
When is TransAlta's next earnings date?
What price target have analysts set for TA?
6 brokers have issued 12 month price targets for TransAlta's stock. Their predictions range from C$7.00 to C$9.00. On average, they anticipate TransAlta's stock price to reach C$8.13 in the next year. This suggests a possible upside of 17.1% from the stock's current price. View Analyst Ratings for TransAlta.
What is the consensus analysts' recommendation for TransAlta?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransAlta in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
Who are some of TransAlta's key competitors?
Some companies that are related to TransAlta include RUSHYDRO PJSC/S (RSHYY), Algonquin Power & Utilities (AQN), Northland Power (NPI), TransAlta Renewables (RNW), Innergex Renewable Energy (INE), Contourglobal (GLO), Boralex (BLX), DRAX Grp PLC/ADR (DRXGY), Drax Group (DRX), Encavis (CAP), Energy World (EWC), Polaris Infrastructure (PIF), Aggregated Micro Power (AMPH), Integrated Green Energy Solutions (IGE) and Ocean Thermal Energy (CPWR).
Who are TransAlta's key executives?
TransAlta's management team includes the folowing people:
- Ms. Dawn Lorraine Farrell, Pres, CEO & Director (Age 58)
- Mr. Donald Tremblay, Chief Financial Officer
- Mr. Brett M. Gellner, Chief Investment Officer (Age 54)
- Mr. John Harry Kousinioris, Chief Legal and Compliance Officer & Corp. Sec.
- Mr. Wayne Alexander Collins BEng (Elect), BBus, CPEng, GAICD, Exec. Vice-Pres of Coal & Mining Operations
Has TransAlta been receiving favorable news coverage?
Media headlines about TA stock have trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. TransAlta earned a news sentiment score of 0.05 on Accern's scale. They also assigned headlines about the company an impact score of 45.47 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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$6.94.
How big of a company is TransAlta?
TransAlta has a market capitalization of C$2.14 billion.
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.
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 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.
