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TransAlta Corporation (TAC)

Stock Price: $9.68 USD -0.05 (-0.51%)
Updated May 10, 2021 4:00 PM EDT - Market closed
Market Cap 2.63B
Revenue (ttm) 1.65B
Net Income (ttm) -263.53M
Shares Out 269.88M
EPS (ttm) -1.01
PE Ratio n/a
Forward PE n/a
Dividend $0.17
Dividend Yield 1.76%
Trading Day May 10
Last Price $9.68
Previous Close $9.73
Change ($) -0.05
Change (%) -0.51%
Day's Open 9.73
Day's Range 9.58 - 9.75
Day's Volume 137,328
52-Week Range 5.12 - 10.05

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CALGARY, AB, May 4, 2021 /PRNewswire/ - TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") held its virtual Annual and Special Meeting of Shareholders on May 4, 2021.  A total of...

6 days ago - PRNewsWire

CALGARY, AB, May 3, 2021 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) announced today that it has entered into a long-term Power Purchase Agreement ("PPA") w...

1 week ago - PRNewsWire

CALGARY, AB, May 3, 2021 /PRNewswire/ - The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of $0.0450 per common share payable on July 1, 2021 to shareho...

1 week ago - PRNewsWire

CALGARY, AB, May 3, 2021 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) has received certification from Diversio, a technology company setting the global stand...

1 week ago - PRNewsWire

CALGARY, AB, April 29, 2021 /PRNewswire/ - TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") and The Mangrove Partners Master Fund, Ltd. ("Mangrove") announced today that the pa...

1 week ago - PRNewsWire

CALGARY, AB, April 21, 2021 /PRNewswire/ - TransAlta Corporation ("TransAlta") (TSX: TA) (NYSE: TAC) will release its first quarter 2021 results before markets open on Thursday, May 13, 2021. A conferen...

2 weeks ago - PRNewsWire

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned utilities have outperformed the S&P 500 Index over the past 12 months through April 19.

Other stocks mentioned: AES, AY, BEP, BIPC
3 weeks ago - GuruFocus

CALGARY, AB, March 29, 2021 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) today filed its notice of meeting (the "Notice") to holders of common shares ("Share...

1 month ago - PRNewsWire

CALGARY, AB, March 18, 2021 /PRNewswire/ - Further to TransAlta Corporation's ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) press release dated March 1, 2021, the Company announced today that (i)...

1 month ago - PRNewsWire

5 Electric Power Stocks to Watch As COVID-Led Weakness Subsides

Other stocks mentioned: CNP, DTE, EIX, NEE
1 month ago - Zacks Investment Research

CALGARY, AB, March 3, 2021 /PRNewswire/ - Fourth Quarter 2020 Financial Highlights Comparable EBITDA(1) of $234 million compared to $243 million for the same period in 2019 Free Cash Flow ("FCF")(1) of ...

2 months ago - PRNewsWire

CALGARY, AB, March 3, 2021 /PRNewswire/ - Full-Year 2020 Financial Highlights Comparable EBITDA(1) of $462 million, increase of 5% from 2019 Adjusted funds from operations ("AFFO")(1) of $355 million, i...

Other stocks mentioned: TRSWF
2 months ago - PRNewsWire

CALGARY, AB, March 1, 2021 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) announced today that it does not intend to exercise its right to redeem all or any po...

2 months ago - PRNewsWire

TransAlta Corporation (TAC) has moved higher as of late, but there could definitely be trouble on the horizon for this company.

2 months ago - Zacks Investment Research

CALGARY, AB, Feb. 8, 2021 /PRNewswire/ - TransAlta Corporation ("TransAlta") (TSX: TA) (NYSE: TAC) will release its fourth quarter and full year 2020 results before markets open on Wednesday, March 3, 2...

3 months ago - PRNewsWire

CALGARY, AB, Feb. 4, 2021 /PRNewswire/ - TransAlta Corporation (TSX:TA) (NYSE:TAC) ("TransAlta" or the "Company") today announced that Dawn Farrell, President and Chief Executive Officer ("CEO"), will r...

3 months ago - PRNewsWire

CALGARY, AB, Feb. 1, 2021 /PRNewswire/ - TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") announced today that it has completed the first of three planned coal-to-gas ("CTG") b...

3 months ago - PRNewsWire

The company is trading below the fair market value of its subsidiary. SOTP value is estimated at about CAD $12.50.

4 months ago - Seeking Alpha

TransAlta Corporation (TAC) continues to work on its Clean Energy Investment Plan and decided to sell assets worth $439 million which will assist in meeting its objective laid out in the plan.

4 months ago - Zacks Investment Research

CALGARY, AB, Dec. 23, 2020 /PRNewswire/ - TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") is pleased to announce that its Board of Directors approved a 6 per cent increase on ...

4 months ago - PRNewsWire

TransAlta has faced some serious challenges in the last few years. The company has navigated all of it rather well.

4 months ago - Seeking Alpha

CALGARY, AB, Dec. 8, 2020 /PRNewswire/ - TransAlta Corporation ("TransAlta" or "the Company") (TSX: TA) (NYSE: TAC) announced today that it has acquired a 30 per cent equity interest position in EMG Int...

5 months ago - PRNewsWire

CALGARY, AB, Dec. 1, 2020 /PRNewswire/ - TransAlta Corporation ("TransAlta" or "the Company") (TSX: TA) (NYSE: TAC) announced today that it has closed its 49 per cent equity investment in the Skookumchu...

5 months ago - PRNewsWire

TransAlta Renewables was always so cheap because it was so cheap. That sentence refers to the company's expensive cost of equity, which prevented growth.

Other stocks mentioned: TRSWF
6 months ago - Seeking Alpha

TransAlta Corporation (TAC) CEO Dawn Farrell on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

TransAlta Renewables Inc. (TRSWF) Management on Q3 2020 Results - Earnings Call Transcript

Other stocks mentioned: TRSWF
6 months ago - Seeking Alpha

CALGARY, AB, Nov. 4, 2020 /PRNewswire/ - Third Quarter 2020 Highlights Comparable EBITDA(1)(2) of $256 million increased by three per cent from $249 million for the same period in 2019 Free cash flow ("...

6 months ago - PRNewsWire

CALGARY, AB, Nov. 3, 2020 /PRNewswire/ - The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of $0.0425 per common share payable on January 1, 2021 to sha...

6 months ago - PRNewsWire

CALGARY, AB, Oct. 30, 2020 /PRNewswire/ - TransAlta Corporation ("TransAlta" or "the Company") (TSX: TA) (NYSE: TAC) today announced the closing of the $400 million second tranche of its previously anno...

6 months ago - PRNewsWire

CALGARY, AB, Oct. 9, 2020 /PRNewswire/ - TransAlta Corporation ("TransAlta") (TSX: TA) (NYSE: TAC) will release its third quarter 2020 results before markets open on Wednesday, November 4, 2020. A confe...

7 months ago - PRNewsWire

We recommended the preferred shares of this company in April, although we liked the common too.

8 months ago - Seeking Alpha

TransAlta Corporation (TAC) CEO Dawn Farrell on Q2 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

CALGARY, AB, July 31, 2020 /PRNewswire/ - Second Quarter 2020 Highlights Comparable EBITDA of $217 million in line with 2019 Free cash flow ("FCF") of $91 million or $0.33 per share, a 94% increase on a...

9 months ago - PRNewsWire

CALGARY, AB, July 22, 2020 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) announced that it gave notice today to the Alberta Electric System Operator ("AESO") ...

9 months ago - PRNewsWire

CALGARY, AB, July 10, 2020 /PRNewswire/ - TransAlta Corporation ("TransAlta") (TSX: TA) (NYSE: TAC) will release its second quarter 2020 results before markets open on Friday, July 31, 2020. A conferenc...

10 months ago - PRNewsWire

TransAlta Renewables - Greater Than 7% Dividend From Renewable Energy

11 months ago - Seeking Alpha

CALGARY, May 26, 2020 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) today announced that the Toronto Stock Exchange ("TSX") has accepted the notice filed by t...

11 months ago - PRNewsWire

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

11 months ago - Zacks Investment Research

TransAlta Corporation (TAC) CEO Dawn Farrell on Q1 2020 Results - Earnings Call Transcript

11 months ago - Seeking Alpha

10% Yield And 10X Dividend Coverage From TransAlta

1 year ago - Seeking Alpha

Utilities are a good option now as their products are in constant demand irrespective of the current market volatility.

Other stocks mentioned: ATO, AWR, MYRG
1 year ago - Zacks Investment Research

With coronavirus cases on the rise, lack of labor and supply chain disruption are impacting businesses worldwide. However, certain industries could offer healthy returns on investment.

Other stocks mentioned: MRNA, PFGC, REGN, RSG
1 year ago - Zacks Investment Research

TransAlta Corporation (TAC) CEO Dawn Farrell on Q4 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Renewable energy stocks are betting on the future, and these seven options can help investors do the same within their portfolio.

Other stocks mentioned: BEP, EVA, NEE, REGI, SIEGY, TPIC
1 year ago - InvestorPlace

Emerson (EMR) will assist TransAlta in implementing CTG conversion projects at its Keephills and Sundance power plants.

Other stocks mentioned: EMR
1 year ago - Zacks Investment Research

TransAlta Corporation (TAC) CEO Dawn Farrell on Q3 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

TransAlta's (TAC) agreement with SemGroup ensures long-term EBITDA.

Other stocks mentioned: SEMG
1 year ago - Zacks Investment Research

TransAlta (TAC) intends to invest $2 billion to support clean energy.

1 year ago - Zacks Investment Research

TransAlta Corporation's (TAC) CEO Dawn Farrell on Q2 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

The Canadian utility caught the attention of activist investors.

1 year ago - The Motley Fool

About TAC

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through six segments: Hydro, Wind and Solar, North American Gas, Australian Gas, Alberta Thermal, and Centralia. The company owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. It also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations. The... [Read more...]

Industry
Utilities-Independent Power Producers
Founded
1909
CEO
Dawn Farrell
Employees
1,476
Stock Exchange
NYSE
Ticker Symbol
TAC
Full Company Profile

Financial Performance

Financial numbers in millions CAD.
Financial Statements

Analyst Forecasts

According to 12 analysts, the average rating for TransAlta stock is "Buy." The 12-month stock price forecast is 6.43, which is a decrease of -33.57% from the latest price.

Price Target
$6.43
(-33.57% downside)
Analyst Consensus: Buy