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Market Cap 2.66B P/E 31.53 EPS this Y -53.80% Ern Qtrly Grth -6.80%
Income 566M Forward P/E 28.83 EPS next Y -60.80% 50D Avg Chg 4.00%
Sales 3.17B PEG 1.44 EPS past 5Y -27.65% 200D Avg Chg 10.00%
Dividend 2.00% Price/Book 5.98 EPS next 5Y 12.45% 52W High Chg -11.00%
Recommedations 2.40 Quick Ratio 0.47 Shares Outstanding 298.10M 52W Low Chg 34.00%
Insider Own 0.21% ROA 7.08% Shares Float 297.15M Beta 0.91
Inst Own 70.76% ROE 32.01% Shares Shorted/Prior 6.32M/5.91M Price 10.09
Gross Margin 47.32% Profit Margin 19.50% Avg. Volume 359,295 Target Price 11.09
Oper. Margin 28.18% Earnings Date Nov 5 Volume 363,021 Change -0.39%
About TransAlta Corporation

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, Ontario, New Brunswick, and Québec in Canada; the states of Massachusetts, Minnesota, New Hampshire, North Carolina, Pennsylvania, Washington, and Wyoming in the United States; and the state of Western Australia. The Gas segment has a net ownership interest of approximately 2,775 MW of owned gas electrical-generating capacity, and facilities located in Alberta, Ontario, Michigan, and the state of Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW of owned coal electrical-generating capacity, as well as operates the Skookumchuck hydro facility in Centralia; and engages in the highvale mine and the mine reclamation activities. The Energy Marketing segment is involved in the trading of power, natural gas, and environmental products. It serves customers in various industry segments, including commercial real estate, municipal, manufacturing, industrial, hospitality, finance, and oil and gas. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.

TransAlta Corporation News
11/17/24 TransAlta (TSX:TA) Eyes Growth with New Product Launches and Technological Innovations Despite Challenges
11/15/24 TransAlta to acquire Heartland Generation from Energy Capital for $542M
11/14/24 Update On TransAlta: Down 1% In US Premarket Although Reaches Agreement With Competition Bureau On Buying Heartland Generation at a "Reduced Price"
11/14/24 TransAlta to Acquire Heartland Generation at Reduced Price of $542 Million
11/14/24 TransAlta to Acquire Heartland Generation from Energy Capital Partners at a Reduced Price of $542 Million
11/06/24 TransAlta Maintained at Outperform at RBC Following Q3 Results; Price Target Raised to C$16.00
11/06/24 TransAlta Maintained at Outperform at National Bank Following Q3 Results; Price Target Raised to C$16.00
11/06/24 TransAlta Third Quarter 2024 Earnings: CA$0.12 loss per share (vs CA$1.41 profit in 3Q 2023)
11/06/24 TransAlta Corp (TAC) Q3 2024 Earnings Call Highlights: Strong Financial Performance Amid Market ...
11/05/24 TransAlta Swings To Q3 EPS GAAP Loss, But Says "Tracking Toward the Upper End of Its 2024 Guidance"
11/05/24 TransAlta: Q3 Earnings Snapshot
11/05/24 TransAlta Reports Strong Third Quarter 2024 Results
10/23/24 TransAlta Declares Dividends
10/23/24 TransAlta Corporation (TSE:TA) is favoured by institutional owners who hold 68% of the company
10/07/24 Do TransAlta's (TSE:TA) Earnings Warrant Your Attention?
10/04/24 Media Advisory: TransAlta Third Quarter 2024 Results and Conference Call
09/25/24 IDA or TAC: Which Is a Better Utility Electric Power Stock?
09/23/24 AEE Stock Rides on Systemic Investments and Renewable Expansion
09/20/24 A Closer Look At TransAlta Corporation's (TSE:TA) Impressive ROE
09/19/24 Here's Why You Should Add UGI Stock to Your Portfolio Right Now
TAC Chatroom

User Image briefingcom Posted - 1 week ago

$TAC: TransAlta to acquire Heartland Generation from Energy Capital Partners at a reduced price of $542 million https://www.briefing.com/in-depth-analysis/content/article?ArticleId=IN20241114071412TAC&utm_campaign=inplay&utm_medium=social&utm_source=st&utm_content=view_page

User Image Stocksrunner Posted - 2 weeks ago

🔥 Big Rebounds Today! These stocks hit early lows but bounced back to finish strong: $GBTG $ACLX $TAC $OSCR $FBIO 📈 Keep an eye on this upward momentum—they’re making waves!

User Image Estimize Posted - 10/28/24

Wall St is expecting -47.13% YoY revenue growth for $TAC in Q3, down from -9.16% in Q2 [Reporting 11/05 BMO] http://www.estimize.com/intro/

User Image JFDI Posted - 09/25/24

@Monkey_Banana_Genius freakin energy name! $NEE $PAM $TAC a couple cheapies in the group

User Image Wigglyick Posted - 2 months ago

$TAC Canadian renewables energy producer - TransAlta Corp. engages in the generation and distribution of electricity through wind, hydro, gas and coal power plants. It operates through the following business segments: Hydro, Wind and Solar, Gas, Energy Transition, Energy Marketing, and Corporate. Has broken out of a long downward channel on good accumulation. MC = 2.9B Sales =2.3B. PE =6.45. PEG = .52. P/S =1.25. Modest div. Only 526 watchers on ST. I’d like a position on a retest of 9ish price.

User Image PenkeTrading Posted - 2 months ago

I found you an Overbought RSI (Relative Strength Index) on the daily chart of TransAlta Corp. Is that bullish or bearish? $TAC #TransAlta #RsiOverbought #NYSE

User Image epsguid Posted - 3 months ago

$TAC reported earnings of $0.13, consensus was $0.05, Earnings Whisper was $0.08 via @eWhispers #whisperbeat http://eps.sh/d/tac

User Image Stock_Titan Posted - 3 months ago

$TAC TransAlta Reports Second Quarter 2024 Results https://www.stocktitan.net/news/TAC/trans-alta-reports-second-quarter-2024-xrawtiemlwx8.html

User Image crazyoldguy Posted - 07/31/24

$TAC Poised to breakout. Needs a little more volume.

User Image StockInvest_us Posted - 07/24/24

Signal alert: $TAC - Possible Runner https://stockinvest.us/l/W3CZILLep6

User Image Stock_Titan Posted - 4 months ago

$TAC Media Advisory: TransAlta Second Quarter 2024 Results and Conference Call https://www.stocktitan.net/news/TAC/media-advisory-trans-alta-second-quarter-2024-results-and-conference-zexdpbojjuhj.html

User Image DonCorleone77 Posted - 06/24/24

$TAC TransAlta enters automatic share purchase plan TransAlta announced that it has entered into an automatic share purchase plan with its broker in order to facilitate repurchases of TransAlta's common shares under the company's previously announced normal course issuer bid. The company previously announced that it had received approval from the Toronto Stock Exchange to purchase up to 14M of its Common Shares during the 12-month period that commenced May 31, 2024 and terminates May 30, 2025. Purchases under the NCIB may be made through open market transactions on the TSX and any alternative Canadian trading systems on which the Common Shares are traded, based on the prevailing market price. Since January 1, 2024, the company has purchased 9,137,200 Common Shares at a weighted average price per Common Share of $9.33 for an aggregate value of approximately $85.3M. Since the beginning of the current NCIB on May 31, 2024, the company has purchased 1.7M at a weighted average price per Common Share of $9.77 for an aggregate value of approximately $16.6M.

User Image Stock_Titan Posted - 06/24/24

$TAC TransAlta Corporation Enters into Automatic Share Purchase Plan https://www.stocktitan.net/news/TAC/trans-alta-corporation-enters-into-automatic-share-purchase-qjtrvdyy4oan.html

User Image briefingcom Posted - 05/28/24

Gapping up: $INSM +130.7% $GME +26.1% $KUKE +17.4% $BZUN +5.2% $TAC +3.5%

User Image bossgangvip Posted - 05/27/24

$TAC I'm in.

User Image Stock_Titan Posted - 05/27/24

$TAC TransAlta Renews Normal Course Issuer Bid https://www.stocktitan.net/news/TAC/trans-alta-renews-normal-course-issuer-fkl8e08pyij0.html

User Image DividendPower Posted - 05/25/24

The List of Dividend Challengers in 2024 $ADC $TAC $HTGC $VRSK $DG https://www.dividendpower.org/list-dividend-challengers-2024/

User Image Stock_Titan Posted - 6 months ago

$TAC TransAlta Achieves Commercial Operation of 200 MW Horizon Hill Wind Facility, increasing its United States Renewables Fleet to over 1 GW https://www.stocktitan.net/news/TAC/trans-alta-achieves-commercial-operation-of-200-mw-horizon-hill-wind-dged814idarp.html

User Image StockInvest_us Posted - 6 months ago

Signal alert: $TAC - Overbought Trend Short (Overvalued) https://stockinvest.us/l/uUVjLgFI7C

User Image Crom5775 Posted - 6 months ago

$TAC trading back over its 50 days moving average (blue line). Volume has been heavier it trades above it.

User Image epsguid Posted - 6 months ago

$TAC reported earnings of $0.53, consensus was $0.13 via @eWhispers #epsbeat http://eps.sh/d/tac

User Image DonCorleone77 Posted - 6 months ago

$TAC TransAlta reports Q1 FFO C$0.78 vs C$1.40 last year Reports Q1 revenue C$947M vs C$1.089B last year. "Our first quarter results demonstrate the value of our asset optimization and hedging strategies, supported by our strong operating capabilities. We continue to perform well while managing through the evolving markets of our operating portfolio, illustrating the advantage of our diversified fleet," said John Kousinioris, President and Chief Executive Officer of TransAlta. "We are confident that we will reach our 2024 guidance given the performance of our growing generating portfolio. We do not believe that our strong free cash flow results in the first quarter, and our expectations for the balance of 2024, are reflected in the current trading price of our common shares. As a result, we will continue to use share repurchases as part of our capital allocation strategy. Year to date, we have deployed $53 million towards share repurchases, which is approximately 35 per cent of our $150 million share repurchase target or $0.17 per share in value to shareholders," added Kousinioris.

User Image Stock_Titan Posted - 6 months ago

$TAC TransAlta Reports First Quarter 2024 Results https://www.stocktitan.net/news/TAC/trans-alta-reports-first-quarter-2024-lg48wi0o374m.html

User Image Stock_Titan Posted - 04/25/24

$TAC TransAlta Corporation Announces Results of the Annual Meeting of Shareholders and Election of all Directors https://www.stocktitan.net/news/TAC/trans-alta-corporation-announces-results-of-the-annual-meeting-of-jl9y37ykwv7d.html

User Image Stock_Titan Posted - 04/24/24

$TAC TransAlta Achieves Commercial Operation of 300 MW White Rock Project and Increases its US Renewables Fleet to 820 MW https://www.stocktitan.net/news/TAC/trans-alta-achieves-commercial-operation-of-300-mw-white-rock-9edk8aec8a7o.html

User Image Stock_Titan Posted - 7 months ago

$TAC TransAlta Joins Other Water Licence Holders and the Alberta Government to collaborate on flow management on the Bow River System https://www.stocktitan.net/news/TAC/trans-alta-joins-other-water-licence-holders-and-the-alberta-3tzanomvj61d.html

User Image NavalnyTheGreat Posted - 7 months ago

$TAC Opened position here today.

User Image Stock_Titan Posted - 03/28/24

$TAC Media Advisory: TransAlta Annual Meeting of Shareholders and First Quarter 2024 Results and Conference Call https://www.stocktitan.net/news/TAC/media-advisory-trans-alta-annual-meeting-of-shareholders-and-first-ifc53nkig80q.html

User Image DonCorleone77 Posted - 03/22/24

$TAC TransAlta enters automatic share purchase plan TransAlta announced that it has entered into an automatic share purchase plan with its broker in order to facilitate repurchases of TransAlta's common shares under the company's previously announced normal course issuer bid. The company previously announced that it had received approval from the Toronto Stock Exchange to purchase up to 14M of its Common Shares during the 12-month period that commenced May 31, 2023 and terminates May 30, 2024.

User Image Stock_Titan Posted - 03/22/24

$TAC TransAlta Corporation Enters into Automatic Share Purchase Plan https://www.stocktitan.net/news/TAC/trans-alta-corporation-enters-into-automatic-share-purchase-3yq7qplel2u3.html

Analyst Ratings
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RBC Capital Outperform Feb 10, 20
Credit Suisse Outperform Jan 16, 20
National Bank Financial Inc Outperform Jan 23, 19
TD Securities Hold May 25, 18
RBC Capital Sector Perform Nov 7, 16
RBC Capital Underperform May 4, 16
Credit Suisse Underperform Apr 22, 16
BMO Capital Market Perform Jan 15, 16