About TransAlta (TSE:TA)
TransAlta Corporation (TransAlta) is a non-regulated electricity generation and energy marketing company with an aggregate net ownership interest of approximately 8,720 megawatts of generating capacity. The Company is engaged in the production and sale of electric energy. It focuses on generating and marketing electricity in Canada, the United States and Western Australia through its diversified portfolio of facilities fuelled by coal, natural gas, diesel, hydro, wind and solar. TransAlta is organized into eight business segments: Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing and Corporate. The Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, and Hydro segments are responsible for constructing, operating and maintaining its electrical generation. All the segments are supported by a Corporate segment, which includes the Corporation's central financial, legal, administrative, and investing functions.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Diversified Utilities
- Sub-Industry: N/A
- Symbol: TSE:TA
- CUSIP: N/A
- Web: www.transalta.com
- Market Cap: C$2.26 billion
- Outstanding Shares: 287,899,000
- 50 Day Moving Avg: C$7.49
- 200 Day Moving Avg: C$7.64
- 52 Week Range: C$5.11 - C$8.50
Sales & Book Value:
- Trailing P/E Ratio: 72.59
- P/E Growth: -1.67
- Annual Revenue: C$2.42 billion
- Price / Sales: 0.93
- Book Value: C$8.80 per share
- Price / Book: 0.89
- EBITDA: C$920 million
- Net Margins: 0.80%
- Return on Equity: -2.82%
- Return on Assets: 0.15%
- Average Volume: 360,630 shs.
- Short Ratio: 7.86
Frequently Asked Questions for TransAlta (TSE:TA)
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 Wednesday, July 19th. Stockholders of record on Friday, September 1st will be given a dividend of 0.04 per share on Sunday, October 1st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend is Wednesday, August 30th. View TransAlta's Dividend History.
How were TransAlta's earnings last quarter?
TransAlta Co. (TSE:TA) issued its quarterly earnings data on Friday, May, 5th. The company reported $0.05 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.07 by $0.02. The firm had revenue of $578 million for the quarter, compared to analyst estimates of $571.03 million. TransAlta had a negative return on equity of 2.82% and a net margin of 0.80%. View TransAlta's Earnings History.
When will TransAlta make its next earnings announcement?
Where is TransAlta's stock going? Where will TransAlta's stock price be in 2017?
5 analysts have issued twelve-month price objectives for TransAlta's stock. Their predictions range from C$7.00 to C$9.00. On average, they anticipate TransAlta's share price to reach C$8.00 in the next year. View Analyst Ratings for TransAlta.
Who are some of TransAlta's key competitors?
Some companies that are related to TransAlta include Northland Power (NPI), TransAlta Renewables (RNW), Innergex Renewable Energy (INE), Just Energy Group (JE), Atlantic Power Corp (ATP), Etrion SA (ETX), Premier Holdings Corp (PRHL), A2A SpA (A2A), AGL Energy Ltd (AGL), AusNet Services (AST), Electricite de France SA (EDF) and Enel S.p.A. (ENEL).
Who are TransAlta's key executives?
TransAlta's management team includes the folowing people:
- Gordon D. Giffin J.D., Independent Chairman of the Board
- Dawn Lorraine Farrell, President, Chief Executive Officer, Non-Independent Director
- Donald Tremblay, Chief Financial Officer
- Wayne A. Collins, Executive Vice President - Coal and Mining Operations
- Jennifer M. Pierce, Senior Vice President - Trading and Marketing
- Aron J. Willis, Senior Vice President - Gas and Renewables
- Dawn E. de Lima, Chief Administrative Officer
- Brett M. Gellner, Chief Investment Officer
- John Harry Kousinioris, Chief Legal and Compliance Officer, Corporate Secretary
- Todd John Stack, Managing Director, Corporate Controller
How do I buy TransAlta stock?
Shares of TransAlta 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?
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of TransAlta stock can currently be purchased for approximately C$7.84.
Earnings History for TransAlta (TSE:TA)Earnings History by Quarter for TransAlta (TSE TA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/3/2017|| || || || || || || || |
|5/5/2017||Q1 2017||C$0.07||C$0.05||C$571.03 million||C$578.00 million||View||N/A|
Earnings Estimates for TransAlta (TSE:TA)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History by Quarter for TransAlta (TSE TA)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for TransAlta (TSE:TA)Insider Trades by Quarter for TransAlta (TSE:TA)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/24/2017||David Lawrence Mowat||Director||Buy||1,250||C$44.75||C$55,937.50|
|8/14/2017||David Lawrence Mowat||Director||Buy||475||C$45.17||C$21,455.75|
|6/6/2017||David Lawrence Mowat||Director||Buy||225||C$45.92||C$10,332.00|
|3/6/2017||David Lawrence Mowat||Director||Buy||235||C$43.10||C$10,128.50|
|2/10/2017||David Lawrence Mowat||Director||Buy||480||C$43.04||C$20,659.20|
|3/29/2016||P. Thomas Jenkins||Director||Buy||237,000||C$5.83||C$1,381,615.20|
|2/22/2016||John Harry Kousinioris||Insider||Buy||12,500||C$5.98||C$74,782.50|
|5/21/2015||P. Thomas Jenkins||Director||Sell||23,400||C$11.02||C$257,968.62|
Headline Trends for TransAlta (TSE:TA)
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TransAlta (TA) Chart for Monday, October, 23, 2017