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TransAlta Corporation (TAC)

Stock Price: $8.69 USD -0.23 (-2.58%)
Updated Feb 26, 2021 4:00 PM EST - Market closed
Market Cap 2.39B
Revenue (ttm) 1.79B
Net Income (ttm) 39.69M
Shares Out 283.00M
EPS (ttm) -0.71
PE Ratio n/a
Forward PE n/a
Dividend $0.12
Dividend Yield 1.38%
Trading Day February 26
Last Price $8.69
Previous Close $8.92
Change ($) -0.23
Change (%) -2.58%
Day's Open 8.91
Day's Range 8.65 - 8.95
Day's Volume 287,301
52-Week Range 3.58 - 9.78

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Zacks Investment Research - 2 weeks ago

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

PRNewsWire - 2 weeks ago

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, ...

PRNewsWire - 3 weeks ago

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...

PRNewsWire - 3 weeks ago

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...

Seeking Alpha - 1 month ago

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

Zacks Investment Research - 1 month ago

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.

PRNewsWire - 2 months ago

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 in...

Seeking Alpha - 2 months ago

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

PRNewsWire - 2 months ago

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 ...

PRNewsWire - 2 months ago

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 ...

Seeking Alpha - 3 months ago

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
Seeking Alpha - 3 months ago

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

Seeking Alpha - 3 months ago

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

Other stocks mentioned: TRSWF
PRNewsWire - 3 months ago

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 ca...

PRNewsWire - 3 months ago

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, 2...

PRNewsWire - 3 months ago

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 previ...

PRNewsWire - 4 months ago

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, 202...

Seeking Alpha - 5 months ago

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

Seeking Alpha - 6 months ago

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

PRNewsWire - 6 months ago

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% inc...

PRNewsWire - 7 months ago

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...

PRNewsWire - 7 months ago

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...

Seeking Alpha - 8 months ago

TransAlta Renewables - Greater Than 7% Dividend From Renewable Energy

PRNewsWire - 9 months ago

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 ...

Zacks Investment Research - 9 months ago

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 th...

Seeking Alpha - 9 months ago

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

Seeking Alpha - 10 months ago

10% Yield And 10X Dividend Coverage From TransAlta

Zacks Investment Research - 10 months ago

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
Zacks Investment Research - 11 months ago

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
Seeking Alpha - 11 months ago

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

InvestorPlace - 1 year ago

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
Zacks Investment Research - 1 year ago

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

Other stocks mentioned: EMR
Seeking Alpha - 1 year ago

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

Zacks Investment Research - 1 year ago

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

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

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

Seeking Alpha - 1 year ago

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

The Motley Fool - 1 year ago

The Canadian utility caught the attention of activist investors.

The Motley Fool - 1 year ago

Big-time investors have been buying shares of this small-cap biotech, e-commerce giant, and Canadian utility.

Other stocks mentioned: AMZN, AXSM
Seeking Alpha - 1 year ago

TransAlta Corporation (TAC) CEO Dawn Farrell on Q1 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

Does TransAlta (TAC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Zacks Investment Research - 1 year ago

TransAlta (TAC) is set to get $750-million financial assistance from Brookfield Renewable to pursue its 100% clean energy goal.

About TAC

TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. It operates through Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, and Energy Marketing segments. The company generates and markets electricity through various generation fuels, such as coal, natural gas, water, solar, and wind. It also engages in wholesale trading of electricity and other energy-related commodities and derivatives. The company operates facilitie... [Read more...]

Industry
Utilities-Independent Power Producers
Founded
1909
CEO
Dawn Farrell
Employees
1,543
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 -26.01% from the latest price.

Price Target
$6.43
(-26.01% downside)
Analyst Consensus: Buy