Is TransAlta stock a Buy, Sell or Hold?
TransAlta stock has received a consensus rating of buy. The average rating score is and is based on 1 buy ratings, 0 hold ratings, and 0 sell ratings.What was the 52-week low for TransAlta stock?
The low in the last 52 weeks of TransAlta stock was 7.55. According to the current price, TransAlta is 105.56% away from the 52-week low.What was the 52-week high for TransAlta stock?
The high in the last 52 weeks of TransAlta stock was 11.85. According to the current price, TransAlta is 67.26% away from the 52-week high.What are analysts forecasts for TransAlta stock?
The 1 analysts offering price forecasts for TransAlta have a median target of 16.00, with a high estimate of 16.00 and a low estimate of 16.00. The median estimate represents a 49.81 difference from the last price of 7.97.TransAlta Stock Snapshot
7.96
Bid
5,900.00
Bid Size
7.97
Ask
3,000.00
Ask Size
3/17/2023
Date
4:15 PM
Time
165,302.00
Volume
8.14
Prev. Close
8.13
Open
2.20 B
Market Cap
268.29 M
Number of Shares
7.93
Day Low
8.13
Day High
7.97
7.55
52 Week Low
11.85
52 Week High
7.97
0.22
Dividend
1.95
Dividend Yield
1,211.25
P/E Ratio
93.81
Free Float in %
3.16
Book Value per Share
3.37
Cash Flow per Share
TransAlta News More News
TransAlta Historical Prices
| Date | Open | Close | Daily High | Daily Low |
|---|
Price change over selected period:
0%
0
TransAlta Analyst Data
Total Analysts: 1
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price-Target: {{PRICE_DATA}}
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Price
*Price Target
Lowest: 16.00
Median: 16.00
Highest: 16.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.
TransAlta Analyst Opinions
- All
- Buy
- Hold
- Sell
| 12/16/22 | RBC Capital Markets | Maintained Buy | $16 |
TransAlta Estimates* in CAD
| 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|
| Revenue | 2,508 | 2,235 | 2,142 | 1,831 | 1,774 |
| Dividend | 0.22 | 0.23 | 0.24 | 0.24 | 0.25 |
| Dividend Yield (in %) | 1.95 % | 2.02 % | 2.11 % | 2.10 % | 2.23 % |
| EPS | - | 0.20 | 0.06 | 0.67 | 0.04 |
| P/E Ratio | 17.19 | 54.17 | 183.11 | 16.52 | 274.67 |
| EBIT | 657 | 475 | - | - | - |
| EBITDA | 1,334 | 1,160 | 1,104 | 1,013 | 943 |
| Net Profit | 212 | 83 | 18 | 177 | 12 |
| Net Profit Adjusted | 212 | 83 | 18 | 177 | 12 |
| Pre-Tax Profit | 382 | 153 | -115 | - | - |
| Net Profit (Adjusted) | 434 | 332 | - | - | - |
| EPS (Non-GAAP) ex. SOE | - | 0.20 | 0.06 | 0.67 | 0.04 |
| EPS (GAAP) | 0.73 | 0.16 | - | - | - |
| Gross Income | 1,747 | 1,551 | - | - | - |
| Cash Flow from Investing | -732 | -308 | - | - | - |
| Cash Flow from Operations | 796 | 703 | 687 | 352 | - |
| Cash Flow from Financing | -362 | -363 | - | - | - |
| Cash Flow per Share | 3.37 | 2.77 | 2.44 | 1.90 | - |
| Free Cash Flow | 451 | 421 | 516 | 497 | 489 |
| Free Cash Flow per Share | 2.30 | 1.95 | 1.93 | 1.85 | 1.82 |
| Book Value per Share | 3.16 | 3.20 | 2.80 | - | - |
| Net Debt | 3,034 | 2,832 | 2,847 | 2,921 | - |
| Research & Development Exp. | - | - | - | - | - |
| Capital Expenditure | 766 | 326 | 345 | 457 | - |
| Selling, General & Admin. Exp. | 471 | 464 | - | - | - |
| Shareholder’s Equity | 1,329 | 1,282 | 1,313 | - | - |
| Total Assets | 10,388 | 9,815 | - | - | - |
|
Previous Quarter ending 12/31/22 |
Current Quarter ending 03/31/23 |
Next Quarter ending 06/30/23 |
Current Year ending 12/31/23 |
Next Year ending 12/31/24 |
|
|---|---|---|---|---|---|
| Earnings Estimates | |||||
| No. of Analysts | 9 | 8 | 8 | 10 | 3 |
| Average Estimate | 0.460 CAD | 0.130 CAD | 0.078 CAD | 0.203 CAD | 0.060 CAD |
| Year Ago | -0.186 CAD | 0.690 CAD | -0.300 CAD | - | 0.203 CAD |
| Publish Date | 2/23/2023 | 5/10/2023 | 8/4/2023 | - | - |
| Revenue Estimates | |||||
| No. of Analysts | 3 | 3 | 3 | 6 | 5 |
| Average Estimate | 559 CAD | 631 CAD | 487 CAD | 2,508 CAD | 2,235 CAD |
| Year Ago | 610 CAD | 735 CAD | 458 CAD | 2,976 CAD | 2,508 CAD |
| Publish Date | 2/23/2023 | 5/10/2023 | 8/4/2023 | - | - |
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet
TransAlta Dividend Calendar
| Date | Name | Dividend | *yield | Currency |
|---|---|---|---|---|
| 2022 | TransAlta Corp. | 0.20 | 1.69 | CAD |
| 2021 | TransAlta Corp. | 0.18 | 1.32 | CAD |
| 2020 | TransAlta Corp. | 0.17 | 1.76 | CAD |
| 2019 | TransAlta Corp. | 0.16 | 1.72 | CAD |
| 2018 | TransAlta Corp. | 0.16 | 2.86 | CAD |
| 2017 | TransAlta Corp. | 0.16 | 2.15 | CAD |
| 2016 | TransAlta Corp. | 0.16 | 2.15 | CAD |
| 2015 | TransAlta Corp. | 0.72 | 14.66 | CAD |
| 2014 | TransAlta Corp. | 0.72 | 6.84 | CAD |
| 2013 | TransAlta Corp. | 1.16 | 8.61 | CAD |
| 2012 | TransAlta Corp. | 1.16 | 7.67 | CAD |
| 2011 | TransAlta Corp. | 1.16 | 5.52 | CAD |
| 2010 | TransAlta Corp. | 1.16 | 5.48 | CAD |
| 2009 | TransAlta Corp. | 1.16 | 4.94 | CAD |
*Yield of the Respective Date
TransAlta Corp. Calendar
| Event | Estimate | Info | Date |
|---|---|---|---|
| Annual General Meeting | - | Annual General Meeting | 04/28/2023 |
| Earnings Report | 0.130 CAD | Q1 2023 Earnings Release | 05/10/2023 |
| Earnings Report | 0.078 CAD | Q2 2023 Earnings Release | 08/04/2023 |
| Earnings Report | - | Q4 2023 Earnings Release | 02/28/2024 |
TransAlta Corp. Past Events
| Event | Actual EPS | Info | Date |
|---|---|---|---|
| Press Conference | - | - | 02/23/2023 |
| Earnings Report | -0.610 CAD | Q4 2022 Earnings Release | 02/23/2023 |
| Press Conference | - | - | 11/08/2022 |
| Press Conference | - | - | 08/05/2022 |
TransAlta Profile
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. The Hydro, Wind and Solar, Gas and Energy Transition business segments are responsible for operating and maintaining the company's electrical generation facilities in Canada, Australia, and the US. The Energy Marketing segment is responsible for marketing and scheduling the company's merchant asset fleet outside of Alberta along with procurement of gas, transport and storage to the company's gas fleet, providing intellectual knowledge to support the company's growth team, and generating a stand-alone gross margin separate from the company's asset business through a North American energy marketing platform. The company was founded by William Maxwell Aitken in 1909 and is headquartered in Calgary, Canada.
Moody’s Daily Credit Risk Score
TransAlta Shareholder
| Owner | in % |
|---|---|
| Freefloat | 93.81 |
| Brookfield Renewable Energy Group LLC | 13.22 |
| Brookfield Asset Management PIC Canada LP | 13.22 |
| Brookfield Asset Management PIC Canada LP | 13.21 |
| RBC Global Asset Management, Inc. | 11.39 |
| Marquard & Bahls AG (Investment Company) | 5.60 |
| Marquard & Bahls AG | 5.60 |
| RBC Canadian Dividend Fund | 5.17 |
| CIBC Asset Management, Inc. | 4.10 |
| BMO Capital Markets Corp. (Canada) | 2.55 |
| Rubric Capital Management LP | 2.30 |
| Vanguard Group, Inc. (Subfiler) | 2.21 |
| Mackenzie Financial Corp. | 2.02 |
| Imperial Canadian Dividend Income Pool | 1.95 |
| EdgePoint Canadian Portfolio | 1.63 |
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.