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NYSE:TAC

TransAlta (TAC) Stock Price, News & Analysis

$8.93
-0.03 (-0.33%)
(As of 09/6/2024 ET)
Today's Range
$8.87
$9.02
50-Day Range
$6.87
$8.99
52-Week Range
$5.94
$9.75
Volume
481,158 shs
Average Volume
621,817 shs
Market Capitalization
$2.70 billion
P/E Ratio
5.76
Dividend Yield
1.90%
Price Target
N/A

TransAlta MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
1.99% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.56mentions of TransAlta in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-25.33%
From $0.75 to $0.56 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.62 out of 5 stars

Utilities Sector

75th out of 93 stocks

Electric Services Industry

38th out of 46 stocks

TAC stock logo

About TransAlta Stock (NYSE:TAC)

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.

TAC Stock Price History

TAC Stock News Headlines

TransAlta (NYSE:TAC) Upgraded by StockNews.com to "Strong-Buy"
Who are Nvidia’s New Silent Partners?
Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.
TransAlta (NYSE:TAC) Lowered to "Buy" at StockNews.com
Q2 2024 TransAlta Corp Earnings Call Transcript
Who are Nvidia’s New Silent Partners?
Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.
TransAlta Reports Second Quarter 2024 Results
TransAlta Declares Dividends
TransAlta Renews Normal Course Issuer Bid
See More Headlines
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Company Calendar

Ex-Dividend for 7/1 Dividend
5/31/2024
Dividend Payable
7/01/2024
Last Earnings
8/01/2024
Ex-Dividend for 10/1 Dividend
8/30/2024
Today
9/07/2024
Dividend Payable
10/01/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Utilities
Employees
1,257
Year Founded
N/A

Profitability

Net Income
$514.86 million
Pretax Margin
24.60%

Debt

Sales & Book Value

Annual Sales
$3.17 billion
Cash Flow
$2.92 per share
Book Value
$2.36 per share

Miscellaneous

Free Float
262,922,000
Market Cap
$2.70 billion
Optionable
Optionable
Beta
0.91
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Key Executives

  • Mr. John Harry Kousinioris (Age 59)
    President, CEO & Director
    Comp: $1.68M
  • Mr. Todd John Stack (Age 57)
    Executive VP of Finance & CFO
    Comp: $755.72k
  • Ms. Jane Nyla Fedoretz
    Executive VP of People & Culture and Chief Administrative Officer
  • Ms. Kerry O'Reilly Wilks (Age 45)
    Executive Vice President of Growth & Energy Marketing
    Comp: $820.97k
  • Mr. Chris Fralick
    Executive Vice President of Generation
  • Chiara Valentini
    Manager of Investor Relations
  • Ms. Nancy L. Brennan
    Executive Vice President of Legal
  • Ms. Stacey Hatcher
    Manager of Communications
  • Ms. Maria Perry
    MD of People & Talent
  • Mr. Aron John Willis (Age 49)
    Executive Vice President of Project Delivery & Construction
    Comp: $618.44k

TAC Stock Analysis - Frequently Asked Questions

How have TAC shares performed this year?

TransAlta's stock was trading at $8.31 at the start of the year. Since then, TAC stock has increased by 7.5% and is now trading at $8.93.
View the best growth stocks for 2024 here
.

How were TransAlta's earnings last quarter?

TransAlta Co. (NYSE:TAC) issued its quarterly earnings data on Thursday, August, 1st. The utilities provider reported $0.13 EPS for the quarter, topping the consensus estimate of $0.05 by $0.08. The utilities provider had revenue of $425.37 million for the quarter. TransAlta had a net margin of 18.41% and a trailing twelve-month return on equity of 47.71%.

What is Dawn Farrell's approval rating as TransAlta's CEO?

78 employees have rated TransAlta Chief Executive Officer Dawn Farrell on Glassdoor.com. Dawn Farrell has an approval rating of 9% among the company's employees. This puts Dawn Farrell in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are TransAlta's major shareholders?

TransAlta's top institutional investors include Millennium Management LLC (2.44%), Mackenzie Financial Corp (2.01%), CIBC Asset Management Inc (1.27%) and National Bank of Canada FI (1.20%).
View institutional ownership trends
.

How do I buy shares of TransAlta?

Shares of TAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of TransAlta own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TransAlta investors own include TransAlta (TA), Bristol-Myers Squibb (BMY), Advanced Micro Devices (AMD), AT&T (T), Enbridge (ENB), General Motors (GM) and Verizon Communications (VZ).

This page (NYSE:TAC) was last updated on 9/7/2024 by MarketBeat.com Staff

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