TransAlta Corporation (TSX:TA)
| Market Cap | 5.48B +10.4% |
| Revenue (ttm) | 2.27B -9.6% |
| Net Income | -76.00M |
| EPS | -0.25 |
| Shares Out | 316.30M |
| PE Ratio | n/a |
| Forward PE | 39.94 |
| Dividend | 0.28 (1.62%) |
| Ex-Dividend Date | Sep 1, 2026 |
| Volume | n/a |
| Open | 17.54 |
| Previous Close | 17.48 |
| Day's Range | 17.30 - 17.70 |
| 52-Week Range | 15.62 - 25.03 |
| Beta | 0.48 |
| Analysts | Buy |
| Price Target | 23.82 (+37.53%) |
| Earnings Date | Jul 31, 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]
Full Company ProfileFinancial Performance
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for TA stock is "Buy." The 12-month stock price target is $23.82, which is an increase of 37.53% from the latest price.
News
TransAlta takes legal action in attempt to remove Bearspaw Marina
Since opening on the Bearspaw Reservoir just outside of Calgary in 2024, the reservoir has faced pushback, including blocked public access routes and criticism from both the city and TransAlta.
TransAlta price target lowered to C$24 from C$25 at BMO Capital
BMO Capital analyst Ben Pham lowered the firm’s price target on TransAlta (TAC) to C$24 from C$25 and keeps an Outperform rating on the shares.
TransAlta Q2 Earnings Call Highlights
TransAlta NYSE: TAC reported second-quarter 2026 adjusted EBITDA of C$291 million and free cash flow of C$143 million, or C$0.47 per share, as the power producer navigated softer merchant electricity ...
TransAlta profit tops estimates
John Mould, equity research analyst at TD Securities, joins BNN Bloomberg to discuss TransAlta's earnings.
TransAlta Earnings Call Transcript: Q2 2026
Q2 2026 saw strong operational and financial results, with Adjusted EBITDA of CAD 291 million and robust free cash flow, despite soft Alberta prices. Strategic acquisitions, hedging, and asset optimization supported performance, while guidance for 2026 was reaffirmed.
TransAlta Earnings release: Q2 2026
TransAlta released its Q2 2026 earnings on July 31, 2026, summarizing the period's financial results.
TransAlta Registration statement: Q2 2026
TransAlta filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.
TransAlta Registration statement: Q2 2026
TransAlta filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.
TransAlta Slides: Q2 2026
TransAlta has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 31, 2026.
TransAlta Reports Strong Second Quarter Results and Reaffirms Guidance
CALGARY, Alberta, July 31, 2026 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) today reported its financial results for the second quarter ended June 30, 20...
TransAlta Declares Dividends
CALGARY, Alberta, July 29, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of $0.07 per common share payable on Oct. 1, 202...
Is TransAlta Corp (TAC) Overvalued After 3.5% Rally? GF Value Says Overvalued
Is TransAlta Corp (TAC) Overvalued After 3.5% Rally? GF Value Says Overvalued
TransAlta price target raised to C$26 from C$24 at CIBC
CIBC raised the firm’s price target on TransAlta (TAC) to C$26 from C$24 and keeps an Outperformer rating on the shares.
TransAlta price target raised to C$26 from C$24 at CIBC
CIBC raised the firm’s price target on TransAlta (TAC) to C$26 from C$24 and keeps an Outperformer rating on the shares. In a sector preview on the Power & Utilities…
Cybersecurity Firm TAC InfoSec Limited Schedules Board Meeting To Consider Q1 FY27 Financial Results on July 10
MUMBAI, India--(BUSINESS WIRE)---- $TAC #BoardMeeting--Cybersecurity firm TAC InfoSec Limited schedules Board Meeting to consider Q1 FY27 financial results on July 10.
TransAlta Corp (TAC) Shares Surge 3.3% -- What GF Score of 51 Tells Investors
TransAlta Corp (TAC) Shares Surge 3.3% -- What GF Score of 51 Tells Investors
TransAlta to Host Second Quarter 2026 Results Conference Call
CALGARY, Alberta, June 30, 2026 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX:TA) (NYSE:TAC) will release its second quarter 2026 results before markets open on Friday, Jul...
Department of Energy Mandates Centralia Unit 2 Remain Available for Operation for Additional 90 Days
CALGARY, Alberta, June 15, 2026 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) confirms that its subsidiary, TransAlta Centralia Generation LLC, has receive...
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…
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...
TransAlta Transcript: M&A announcement
Two fully contracted gas peaking facilities in Colorado are being acquired for $1 billion, funded by debt and a concurrent equity offering. The deal is expected to deliver immediate free cash flow accretion, extend contract duration, and enhance regional presence, with closing targeted for Q4.
TransAlta Slides: M&A announcement
TransAlta has posted slides in relation to its latest quarterly earnings report, which was published on June 3, 2026.
TransAlta Press release: M&A announcement
TransAlta issued a press release on June 3, 2026, disclosing material business information to investors.
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.
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…