TransAlta Corporation (TSX: TA)

Canada flag Canada · Delayed Price · Currency is CAD
9.19
+0.06 (0.66%)
May 1, 2024, 4:00 PM EDT
-24.80%
Market Cap 2.83B
Revenue (ttm) 3.36B
Net Income (ttm) 695.00M
Shares Out 306.83M
EPS (ttm) 2.55
PE Ratio 3.92
Forward PE 17.76
Dividend 0.23 (2.50%)
Ex-Dividend Date May 31, 2024
Volume 793,652
Open 9.13
Previous Close 9.13
Day's Range 9.06 - 9.32
52-Week Range 8.22 - 13.97
Beta 0.89
Analysts n/a
Price Target 13.94 (+51.69%)
Earnings Date Feb 21, 2024

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) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario. The Wind and Solar segment has a net ownership interest of approximately 2,057 MW of owned wind and solar electrical-generating capacity, as well as battery storage facilities located in Alberta, On... [Read more]

Sector Utilities
Founded 1909
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol TA
Full Company Profile

Financial Performance

In 2023, TransAlta's revenue was 4.10 billion, an increase of 37.84% compared to the previous year's 2.98 billion. Earnings were 695.00 million, an increase of 331.68%.

Financial Statements

News

TransAlta Corporation Announces Results of the Annual Meeting of Shareholders and Election of all Directors

CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") held its Annual Meeting of Shareholders (“the Meeting”) on April 25, 202...

6 days ago - GlobeNewsWire

TransAlta Declares Dividends

CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of $0.06 per common share payable on July 1, 20...

6 days ago - GlobeNewsWire

TransAlta Achieves Commercial Operation of 300 MW White Rock Project and Increases its US Renewables Fleet to 820 MW

CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the combined 300 MW White Rock East and White Rock ...

7 days ago - GlobeNewsWire

TransAlta Joins Other Water Licence Holders and the Alberta Government to collaborate on flow management on the Bow River System

CALGARY, Alberta, April 19, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has signed onto a voluntary water-sharing memora...

12 days ago - GlobeNewsWire

TransAlta Corporation Announces Retirement of CFO Todd Stack and Appointment of Joel E. Hunter as Successor

TransAlta Corporation (TSX: TA) (NYSE: TAC) unveils significant leadership transitions, with the retirement of Todd Stack, Executive Vice-President, Finance and Chief Financial Officer, effective June...

19 days ago - CEOWORLD magazine

TransAlta Announces Retirement of CFO and Appointment of New CFO

CALGARY, Alberta, April 11, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today the retirement of Todd Stack, Executive Vice-President, ...

20 days ago - GlobeNewsWire

X-energy, TransAlta Partner to Study Deployment of Advanced Small Modular Nuclear Reactors in Alberta through Emissions Reduction Alberta Award

CALGARY, Canada — X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, and Trans...

4 weeks ago - Financial Post

Media Advisory: TransAlta Annual Meeting of Shareholders and First Quarter 2024 Results and Conference Call

CALGARY, AB , March 28, 2024  /PRNewswire/ -  2024 Annual Meeting of TransAlta Corporation Shareholders On Thursday, April 25, 2024, TransAlta Corporation ("TransAlta") (TSX: TA) (NYSE: TAC) will hold...

4 weeks ago - PRNewsWire

TransAlta Corporation Enters into Automatic Share Purchase Plan

CALGARY, AB , March 22, 2024 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) announced today that it has entered into an automatic share purchase plan ("ASPP"...

5 weeks ago - PRNewsWire

TransAlta: The Transition Must Accelerate

7 weeks ago - Seeking Alpha

TransAlta reports Q4 results

2 months ago - Seeking Alpha

TransAlta Reports Full Year and Fourth Quarter 2023 Results and Announces Enhanced Share Repurchase Program

CALGARY, AB , Feb. 23, 2024 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) today reported its financial results for the fourth quarter and year ended Dec. 31...

2 months ago - PRNewsWire

Earnings Preview: TransAlta

TransAlta (NYSE: TAC) is set to give its latest quarterly earnings report on Friday, 2024-02-23. Here's what investors need to know before the announcement. Analysts estimate that TransAlta will repo...

2 months ago - Benzinga

TransAlta Corp Investor Day Transcript

TransAlta Corp Investor Day Transcript

2 months ago - GuruFocus

TransAlta Corp to Acquire Heartland Generation from Energy Capital Partners Transcript

TransAlta Corp to Acquire Heartland Generation from Energy Capital Partners Transcript

2 months ago - GuruFocus

TransAlta to execute automatic share purchase plan related to its NCIB program

TransAlta Corporation (TAC) has entered into an automatic share purchase plan to facilitate repurchases of its common shares, as part of its previously...

4 months ago - Seeking Alpha

TransAlta Corporation Enters into Automatic Share Purchase Plan

CALGARY, AB , Dec. 19, 2023 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) announced today that it has entered into an automatic share purchase plan ("ASPP")...

4 months ago - PRNewsWire

TransAlta: A Major Player, A Good Buy At Below $10.5/Share

TransAlta has plans for significant growth in clean electricity generation and has several high-value projects in the pipeline. Learn why I'm neutral on TAC stock.

5 months ago - Seeking Alpha

TransAlta Declares Dividends

CALGARY, AB , Dec. 11, 2023 /PRNewswire/ - The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First...

5 months ago - PRNewsWire

5 Stocks in Focus on Their Recent Dividend Hike

Five stocks to watch with recent dividend hikes are: DDS, CDW, TAC, TTE, CHDN.

5 months ago - Zacks Investment Research

TransAlta and BHP announce commercial operation of hybrid renewables facility

TransAlta and BHP Group announce the commencement of the Northern Goldfields solar and battery storage facility, supplying sustainable electricity to BHP's...

5 months ago - Seeking Alpha