TransAlta Corporation (TSX:TA)

Canada flag Canada · Delayed Price · Currency is CAD
17.27
-0.13 (-0.75%)
Jun 10, 2026, 4:00 PM EST
Market Cap5.18B +38.5%
Revenue (ttm)2.21B -16.7%
Net Income-223.00M
EPS-0.75
Shares Out 297.80M
PE Ration/a
Forward PE40.09
Dividend0.28 (1.61%)
Ex-Dividend DateJun 1, 2026
Volume1,269,427
Open17.63
Previous Close17.40
Day's Range16.95 - 17.66
52-Week Range13.98 - 25.03
Beta0.49
AnalystsBuy
Price Target23.88 (+38.27%)
Earnings DateAug 5, 2026

About TransAlta

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) located in Alberta and Canada. The Wind and Solar segment has a net ownership interest of approximately 2,587 MW located in Alberta, Canada, the Unites States, and Western Australia, as well as battery storage facilities. The Gas segment has a net ownership interest of approximately 4834 MW ... [Read more]

Sector Utilities
Founded 1909
Employees 1,350
Stock Exchange Toronto Stock Exchange
Ticker Symbol TA
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for TA stock is "Buy." The 12-month stock price target is $23.88, which is an increase of 38.27% from the latest price.

Price Target
$23.88
(38.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TD Securities Initiates Buy Rating on TransAlta (TAC) with C$26 Price Target

TD Securities Initiates Buy Rating on TransAlta (TAC) with C$26 Price Target

5 hours ago - GuruFocus

TransAlta resumed with a Buy at TD Securities

TD Securities resumed coverage of TransAlta (TAC) with a Buy rating and C$26 price target following the completion of a bought deal equity offering. The firm attributes the 13% pullback…

7 hours ago - TheFly

TransAlta Announces Closing of $350 Million Bought Deal Offering of Common Shares

CALGARY, Alberta, June 09, 2026 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) is pleased to announce that it has closed its previously announced bought dea...

1 day ago - GlobeNewsWire

A Look at TransAlta Corp (TAC) After 10.4% Decline -- GF Value $6.31 vs Price $12.96

A Look at TransAlta Corp (TAC) After 10.4% Decline -- GF Value $6.31 vs Price $12.96

5 days ago - GuruFocus

Notable Two Hundred Day Moving Average Cross - TAC

In trading on Thursday, shares of TransAlta Corp (Symbol: TAC) crossed below their 200 day moving average of $13.58, changing hands as low as $12.70 per share. TransAlta Corp shares are currently trad...

6 days ago - Nasdaq

TransAlta (TAC) Acquires 318 MW Gas Facilities for $1B, Stock Drops 3.8%

TransAlta (TAC) Acquires 318 MW Gas Facilities for $1B, Stock Drops 3.8%

6 days ago - GuruFocus

Blackstone (BX) Sells Two Power Facilities to TransAlta

Blackstone (BX) Sells Two Power Facilities to TransAlta

6 days ago - GuruFocus

TransAlta Slides: M&A announcement

TransAlta has posted slides in relation to its latest quarterly earnings report, which was published on June 3, 2026.

6 days ago - Filings

TransAlta Press release: M&A announcement

TransAlta issued a press release on June 3, 2026, disclosing material business information to investors.

6 days ago - Filings

TransAlta to buy Blackstone-backed Colorado peaking plants for $1 billion

TransAlta Corp ​said on Wednesday it ‌will acquire two natural gas-fired peaking facilities near ​Denver, Colorado, from Blackstone for ​about $1 billion.

6 days ago - Reuters

TransAlta to acquire Mountain Peak Power, Canyon Peak Power in $1B transaction

TransAlta (TAC) announced that it has entered into a purchase and sale agreement to acquire Mountain Peak Power and Canyon Peak Power, each of which is an indirect subsidiary of…

6 days ago - TheFly

TransAlta Announces the Acquisition of Two Fully-Contracted Gas Assets in Colorado and Concurrent $350 Million Bought Deal Offering of Common Shares

The short form base shelf prospectus is accessible, and the final prospectus supplement will be accessible within two business days, through SEDAR+.

6 days ago - GlobeNewsWire

Yubico Partners with OpenAI to Support Passkey Mandate for its Trusted Access for Cyber (TAC) Program Users

STOCKHOLM & SANTA CLARA, Calif.--(BUSINESS WIRE)--Yubico (Nasdaq Stockholm: YUBICO), the pioneer of phishing-resistant security keys and creator of the YubiKey, the strongest form of hardware-backed p...

9 days ago - Business Wire

Reminder - TransAlta (TAC) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 6/1/26, TransAlta Corp (Symbol: TAC) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 7/1/26. As a percentage ...

12 days ago - Nasdaq

TransAlta Corp (TAC) Shares Surge 4.0% -- What GF Score of 53 Tells Investors

TransAlta Corp (TAC) Shares Surge 4.0% -- What GF Score of 53 Tells Investors

19 days ago - GuruFocus

TransAlta Corp (TAC) Stock Up 3.2% but GF Value Says Overvalued -- GF Score: 59/100

TransAlta Corp (TAC) Stock Up 3.2% but GF Value Says Overvalued -- GF Score: 59/100

21 days ago - GuruFocus

TransAlta price target lowered to C$26 from C$27 at TD Securities

TD Securities analyst John Mould lowered the firm’s price target on TransAlta (TAC) to C$26 from C$27 and keeps a Buy rating on the shares.

4 weeks ago - TheFly

TransAlta price target lowered to C$25 from C$27 at BMO Capital

BMO Capital analyst Ben Pham lowered the firm’s price target on TransAlta (TAC) to C$25 from C$27 and keeps an Outperform rating on the shares.

4 weeks ago - TheFly

TransAlta reports Q1 adjusted EPS C$0.60 vs. C$0.10 last year

Reports Q1 revenue C$565M vs. C$758M last year. Reports Q1 free cash flow C$102M vs. C$139M last year. Reports Q1 hydro adjusted EBITDA C$35M vs. C$47M last year. Reports Q1

4 weeks ago - TheFly

TransAlta reaffirms FY26 adjusted EBITDA guidance C$950M-C$1.05B

The company reaffirmed its 2026 annual outlook, stating that its long-term opportunity set remains vast despite near-term headwinds in Alberta. “Our assets continue to perform well, and we remain conf...

4 weeks ago - TheFly

Transcript: TransAlta Q1 2026 Earnings Conference Call

TransAlta (TSX: TA) reported first-quarter financial results on Wednesday. The transcript from the company's first-quarter earnings call has been provided below. This content is powered by Benzinga A...

5 weeks ago - Benzinga

Full Transcript: TransAlta Q1 2026 Earnings Call

On Wednesday, TransAlta (NYSE: TAC) discussed first-quarter financial results during its earnings call. The full transcript is provided below. Benzinga APIs provide real-time access to earnings call ...

5 weeks ago - Benzinga

TransAlta Earnings Call Transcript: Q1 2026

Q1 2026 saw lower Alberta power prices but strong hedging and asset optimization drove realized prices above market. Adjusted EBITDA and free cash flow declined year-over-year, but guidance for 2026 remains unchanged, with significant hedges in place and growth initiatives advancing.

5 weeks ago - Transcripts

TransAlta Earnings release: Q1 2026

TransAlta released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.

5 weeks ago - Filings

TransAlta Earnings release: Q1 2026

TransAlta released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.

5 weeks ago - Filings