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TSE:ALA

AltaGas (ALA) Stock Price, News & Analysis

AltaGas logo
C$40.41 +0.38 (+0.95%)
As of 04/28/2025 04:00 PM Eastern

About AltaGas Stock (TSE:ALA)

Key Stats

Today's Range
C$39.93
C$40.53
50-Day Range
C$34.59
C$40.41
52-Week Range
C$29.51
C$40.53
Volume
724,642 shs
Average Volume
902,275 shs
Market Capitalization
C$12.03 billion
P/E Ratio
23.42
Dividend Yield
2.94%
Price Target
C$39.56
Consensus Rating
Moderate Buy

Company Overview

AltaGas Ltd owns and operates a diversified basket of energy infrastructure businesses. Business is conducted through four segments: Midstream, power, utilities and corporate. Utility business owns and operates rate-regulated natural gas distribution assets across North America. Midstream business subsequent to the sale of non-core midstream assets in Canada and also engaged in the natural gas liquid processing and extraction, transportation, and storage. Natural gas is sold and purchased for both commercial and industrial users. The Power business includes power generation assets such as natural gas-fired, wind, biomass, and hydro power assets. Revenue is derived from customers in both Canada and the United States, with United States customers contributing the most.

AltaGas Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
22nd Percentile Overall Score

ALA MarketRank™: 

AltaGas scored higher than 22% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    AltaGas has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    AltaGas has only been the subject of 1 research reports in the past 90 days.

  • Read more about AltaGas' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AltaGas is 23.42, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.76.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AltaGas is 23.42, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 50.13.

  • Price to Earnings Growth Ratio

    Due to a projected decrease in earnings for AltaGas, their PEG ratio cannot be calculated.

  • Price to Book Value per Share Ratio

    AltaGas has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for ALA.
  • Dividend Yield

    AltaGas pays a meaningful dividend of 3.37%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    AltaGas does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of AltaGas is 68.98%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about AltaGas' dividend.
  • Short Interest

    There is no current short interest data available for ALA.
  • News Sentiment

    AltaGas has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for AltaGas this week, compared to 3 articles on an average week.
  • Search Interest

    Only 2 people have searched for ALA on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added AltaGas to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, AltaGas insiders have sold 1,940.47% more of their company's stock than they have bought. Specifically, they have bought C$749,936.00 in company stock and sold C$15,302,227.00 in company stock.

  • Percentage Held by Insiders

    Only 0.58% of the stock of AltaGas is held by insiders.

  • Percentage Held by Institutions

    Only 35.25% of the stock of AltaGas is held by institutions.

  • Read more about AltaGas' insider trading history.
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ALA Stock News Headlines

Atb Cap Markets Has Bullish Forecast for AltaGas Q1 Earnings
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FY2025 EPS Estimates for AltaGas Boosted by Atb Cap Markets
Research Analysts Issue Forecasts for AltaGas Q1 Earnings
See More Headlines

ALA Stock Analysis - Frequently Asked Questions

AltaGas' stock was trading at C$33.48 at the beginning of 2025. Since then, ALA shares have increased by 20.7% and is now trading at C$40.41.
View the best growth stocks for 2025 here
.

AltaGas Ltd. (TSE:ALA) released its earnings results on Friday, March, 7th. The company reported $0.76 earnings per share for the quarter. AltaGas had a net margin of 4.04% and a trailing twelve-month return on equity of 6.36%.
Read the conference call transcript
.

Shares of ALA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Based on aggregate information from My MarketBeat watchlists, some other companies that AltaGas investors own include Enbridge (ENB), Algonquin Power & Utilities (AQN), Toronto-Dominion Bank (TD), BCE (BCE), Bank of Nova Scotia (BNS), Pembina Pipeline (PPL) and Suncor Energy (SU).

Company Calendar

Last Earnings
3/07/2025
Ex-Dividend for 3/31 Dividend
3/17/2025
Record date for 3/31 Dividend
3/31/2025
Dividend Payable
3/31/2025
Today
4/28/2025

Industry, Sector and Symbol

Stock Exchange
TSE
Sector
Energy
Industry
Oil & Gas Midstream
Sub-Industry
N/A
Current Symbol
TSE:ALA
CIK
N/A
Fax
N/A
Employees
3,045
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$39.56
High Stock Price Target
C$42.00
Low Stock Price Target
C$36.00
Potential Upside/Downside
-2.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Trailing P/E Ratio
23.42
Forward P/E Ratio
17.56
P/E Growth
-4.97
Net Income
C$513.15 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$12.70 billion
Cash Flow
C$0.77 per share
Price / Cash Flow
52.24
Book Value
C$27.77 per share
Price / Book
1.46

Miscellaneous

Free Float
N/A
Market Cap
C$12.03 billion
Optionable
Not Optionable
Beta
1.23
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This page (TSE:ALA) was last updated on 4/29/2025 by MarketBeat.com Staff
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