TSE:TA TransAlta - TA Stock Forecast, Price & News Adding Choose a watchlist: 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. C$12.77 -0.08 (-0.62%) (As of 01/31/2023 10:29 AM ET) Add Compare Share Share Today's RangeC$12.77▼C$12.9550-Day RangeC$11.87▼C$13.1652-Week RangeC$10.52▼C$15.28Volume42,900 shsAverage Volume474,573 shsMarket CapitalizationC$3.44 billionP/E Ratio38.70Dividend Yield1.73%Price TargetC$16.69 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media TransAlta MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside29.9% UpsideC$16.69 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.38Based on 3 Articles This WeekInsider TradingSelling SharesC$1.35 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.17 out of 5 stars 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 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$16.69, TransAlta has a forecasted upside of 29.9% from its current price of C$12.85.Amount of Analyst CoverageTransAlta has only been the subject of 3 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TA. Previous Next 1.7 Dividend Strength Dividend YieldTransAlta pays a meaningful dividend of 1.73%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTransAlta does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of TransAlta is 60.61%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TA. Previous Next 1.9 News and Social Media Coverage News SentimentTransAlta has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 news articles for TransAlta this week, compared to 3 articles on an average week.Search Interest13 people have searched for TA on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TransAlta insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,345,031.00 in company stock. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TransAlta is 38.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.68.Price to Earnings Ratio vs. SectorThe P/E ratio of TransAlta is 38.94, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 92.29.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 5.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TransAlta (TSE:TA) StockTransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through four segments: Hydro, Wind and Solar, Gas, and Energy Transition. owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. The company also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations. It serves municipalities, medium and large industries, businesses, and utility customers. The company was founded in 1909 and is headquartered in Calgary, Canada.Read More Receive TA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TransAlta and its competitors with MarketBeat's FREE daily newsletter. Email Address TA Stock News HeadlinesJanuary 28, 2023 | americanbankingnews.comTransAlta (TSE:TA) Upgraded to "Outperform" at National BanksharesJanuary 10, 2023 | finance.yahoo.comLafarge Canada and TransAlta announce agreement to advance low-carbon concrete with fly ash repurposing project in AlbertaJanuary 31, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 10, 2023 | finance.yahoo.comWhat Does TransAlta Corporation's (TSE:TA) Share Price Indicate?December 21, 2022 | finance.yahoo.comIn the wake of TransAlta Corporation's (TSE:TA) latest CA$238m market cap drop, institutional owners may be forced to take severe actionsDecember 12, 2022 | msn.comTransAlta declares CAD 0.055 dividendNovember 30, 2022 | finance.yahoo.comDoes TransAlta Corporation (TSE:TA) Create Value For Shareholders?November 30, 2022 | finance.yahoo.comDoes TransAlta (TAC) Have the Potential to Rally 34% as Wall Street Analysts Expect?January 31, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.November 14, 2022 | finance.yahoo.comCan TransAlta (TAC) Climb 34% to Reach the Level Wall Street Analysts Expect?November 14, 2022 | finance.yahoo.comTransAlta Announces Public Offering of U.S. Senior Green Bonds and Releases Inaugural Green Bond FrameworkNovember 10, 2022 | finance.yahoo.comTransAlta Third Quarter 2022 Earnings: Beats ExpectationsOctober 20, 2022 | finance.yahoo.comTransAlta (TSE:TA) lifts 5.6% this week, taking five-year gains to 62%October 19, 2022 | nasdaq.comSouthern (SO) Initiates Fuel Loading at Vogtle 3 Nuclear Plant - NasdaqOctober 19, 2022 | fool.ca3 TSX Stocks I'd Buy in Today's Bear Market - The Motley Fool CanadaOctober 18, 2022 | ca.finance.yahoo.comGet Passive Income of $500/Month With This TSX Stock - Yahoo Canada FinanceOctober 13, 2022 | fool.caBear Market: 2 Safe TSX Stocks to Buy Right Now - The Motley Fool CanadaOctober 12, 2022 | fool.ca3 Cheap Stocks That Yield up to 7.1% - The Motley Fool CanadaOctober 12, 2022 | baystreet.caTSX Falls Short of Breakeven - Baystreet.caOctober 11, 2022 | nasdaq.comShares of TAC Now OversoldOctober 7, 2022 | fool.caReady to Get Rich in the Stock Market? 5 Investments You Can't Go Wrong With - The Motley Fool CanadaOctober 7, 2022 | ca.finance.yahoo.com2 Canadian Dividend Stocks (With +6% Yields) You’ll Regret Not Buying at These Prices - Yahoo Canada FinanceOctober 6, 2022 | nasdaq.comThursday Sector Laggards: Waste Management, Electric Utilities - NasdaqOctober 6, 2022 | fool.ca2 Canadian Dividend Stocks (With +6% Yields) You'll Regret Not Buying at These Prices - The Motley Fool CanadaOctober 4, 2022 | fool.caHow to Make $165 per Month in Passive Income Right Now - The Motley Fool CanadaOctober 1, 2022 | streetinsider.comTactical Resources Appoints Director with Global Mining Experience - StreetInsider.comSeptember 27, 2022 | fool.ca2 Value Stocks to Buy Right Now - The Motley Fool CanadaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TransAlta and its competitors with MarketBeat's FREE daily newsletter. Email Address TA Company Calendar Last Earnings11/08/2022Ex-Dividend for 1/1 Dividend11/30/2022Dividend Payable1/01/2023Today1/31/2023Next Earnings (Confirmed)2/23/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Utilities - Independent Power Producers Sub-IndustryN/A SectorUtilities Current SymbolTSE:TA CUSIPN/A CIKN/A Webwww.transalta.com Phone+1-403-2674724FaxN/AEmployees1,282Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$16.69 High Stock Price ForecastC$17.50 Low Stock Price ForecastC$15.00 Forecasted Upside/Downside+30.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio38.70 Forward P/E Ratio26.06 P/E Growth-0.07Net IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio163.30 Current Ratio1.09 Quick Ratio0.62 Sales & Book Value Annual SalesC$2.73 billion Price / Sales1.26 Cash FlowC$3.01 per share Price / Cash Flow4.25 Book ValueC$2.21 per share Price / Book5.77Miscellaneous Outstanding Shares269,400,000Free FloatN/AMarket CapC$3.44 billion OptionableOptionable BetaN/A Key ExecutivesMr. John Harry Kousinioris (Age 58)Pres, CEO & Director Comp: $2.23MMr. Todd John Stack (Age 56)Exec. VP of Fin. & CFO Comp: $1.18MMs. Kerry O'Reilly Wilks (Age 45)Exec. VP of Legal, Commercial & External Affairs Comp: $1.09MMs. Jane Nyla FedoretzExec. VP of People, Talent & TransformationChiara ValentiniMang. of Investor RelationsMs. Stacey HatcherMang. of CommunicationsMs. Maria PerryMD of People & TalentMs. Dawn E. de LimaChief Shared Services OfficerMr. Aron John Willis (Age 48)Exec. Vice-Pres of Growth Mr. Gary WoodsManaging Director of Gas & RenewablesMore ExecutivesKey CompetitorsTransAlta RenewablesTSE:RNWInnergex Renewable EnergyTSE:INEBoralexTSE:BLXAlgonquin Power & UtilitiesTSE:AQNNorthland PowerTSE:NPIView All CompetitorsInsiders & InstitutionsJohn Harry KousiniorisSold 112,273 sharesTotal: C$1.35 M ($11.98/share)Kerry Lynn O'reillySold 103,081 sharesTotal: C$1.44 M ($14.01/share)Jane Nyla FedoretzSold 84,162 sharesTotal: C$1.20 M ($14.27/share)View All Insider Transactions TA Stock - Frequently Asked Questions Should I buy or sell TransAlta stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransAlta in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TA shares. View TA analyst ratings or view top-rated stocks. What is TransAlta's stock price forecast for 2023? 4 Wall Street analysts have issued 1-year target prices for TransAlta's shares. Their TA share price forecasts range from C$15.00 to C$17.50. On average, they anticipate the company's share price to reach C$16.69 in the next twelve months. This suggests a possible upside of 29.9% from the stock's current price. View analysts price targets for TA or view top-rated stocks among Wall Street analysts. How have TA shares performed in 2023? TransAlta's stock was trading at C$12.11 at the beginning of the year. Since then, TA stock has increased by 6.1% and is now trading at C$12.85. View the best growth stocks for 2023 here. When is TransAlta's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023. View our TA earnings forecast. How were TransAlta's earnings last quarter? TransAlta Co. (TSE:TA) posted its earnings results on Tuesday, November, 8th. The company reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.34 by $0.11. The company had revenue of $929 million for the quarter. How often does TransAlta pay dividends? What is the dividend yield for TransAlta? TransAlta declared a quarterly dividend on Monday, December 12th. Stockholders of record on Wednesday, March 1st will be given a dividend of 0.055 per share on Saturday, April 1st. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date is Tuesday, February 28th. Read our dividend analysis for TA. Is TransAlta a good dividend stock? TransAlta (TSE:TA) pays an annual dividend of C$0.20 per share and currently has a dividend yield of 1.73%. The dividend payout ratio is 60.61%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for TA. 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), 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 stock 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$12.85. How much money does TransAlta make? TransAlta (TSE:TA) has a market capitalization of C$3.46 billion and generates C$2.73 billion in revenue each year. How many employees does TransAlta have? The company employs 1,282 workers across the globe. 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 official website for the company is www.transalta.com. The company can be reached via phone at +1-403-2674724. This page (TSE:TA) was last updated on 1/31/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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