Summary
7.09 0.07(0.93%)06/28/2024
Transalta Corp. (TAC)
Transalta Corp. (TAC)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.93 | 0.93 | -0.28 | 10.44 | -14.54 | -22.40 | 11.83 | 14.74 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 7.09 | |
| Open | 7.05 | |
| High | 7.12 | |
| Low | 7.04 | |
| Volume | 488,703 | |
| Change | 0.07 | |
| Change % | 0.93 | |
| Avg Volume (20 Days) | 616,088 | |
| Volume/Avg Volume (20 Days) Ratio | 0.79 | |
| 52 Week Range | 5.94 - 10.40 | |
| Price vs 52 Week High | -31.88% | |
| Price vs 52 Week Low | 19.28% | |
| Range | 0.50 | |
| Gap Up/Down | -0.02 | |
Fundamentals | ||
| Market Capitalization (Mln) | 2,153 | |
| EBIDTA | 1,710,000,000 | |
| PE Ratio | 3.9000 | |
| PEG Ratio | -2.3400 | |
| WallStreet Target Price | 10.41 | |
| Book Value | 1.9390 | |
| Earnings Per Share | 1.7000 | |
| EPS Estimate Current Quarter | 0.1400 | |
| EPS Estimate Next Quarter | 0.0300 | |
| EPS Estimate Current Year | 0.3300 | |
| EPS Estimate Next Year | 0.2000 | |
| Diluted EPS (TTM) | 1.7000 | |
| Revenues | ||
| Profit Marging | 0.2072 | |
| Operating Marging (TTM) | 0.0321 | |
| Return on asset (TTM) | 0.0692 | |
| Return on equity (TTM) | 0.4358 | |
| Revenue TTM | 3,355,000,064 | |
| Revenue per share TTM | 12.1560 | |
| Quarterly Revenue Growth (YOY) | -0.2690 | |
| Quarterly Earnings Growth (YOY) | 5.2840 | |
| Gross Profit (TTM) | 1,114,000,000 | |
| Dividends | ||
| Dividend Share | 0.2200 | |
| Dividend Yield | 0.0264 | |
| Valuations | ||
| Trailing PE | 3.9000 | |
| Forward PE | 17.6367 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 4.2879 | |
| Revenue Enterprise Value | 1.6059 | |
| EBITDA Enterprise Value | 3.0595 | |
| Shares | ||
| Shares Outstanding | 307,521,984 | |
| Shares Float | 294,456,693 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.01 | |
| Insider (%) | 0.20 | |
| Institutions (%) | 69.26 | |
06/25 08:00 EST - globenewswire.com
electroCore Announces the Commercial Launch of TAC-STIM™
ROCKAWAY, N.J., June 25, 2024 (GLOBE NEWSWIRE) -- electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine and wellness company, is thrilled to announce the Commercial Off the Shelf (COTS) availability of the next generation TAC-STIM™, a non-invasive vagus nerve stimulator (nVNS) designed in partnership with the US military to enhance human performance exclusively for active-duty military use.
electroCore Announces the Commercial Launch of TAC-STIM™
ROCKAWAY, N.J., June 25, 2024 (GLOBE NEWSWIRE) -- electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine and wellness company, is thrilled to announce the Commercial Off the Shelf (COTS) availability of the next generation TAC-STIM™, a non-invasive vagus nerve stimulator (nVNS) designed in partnership with the US military to enhance human performance exclusively for active-duty military use.
06/24 17:30 EST - globenewswire.com
TransAlta Corporation Enters into Automatic Share Purchase Plan
CALGARY, Alberta, June 24, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has entered into an automatic share purchase plan (“ASPP”) with its broker in order to facilitate repurchases of TransAlta's common shares (“Common Shares”) under the Company's previously announced normal course issuer bid (“NCIB”).
TransAlta Corporation Enters into Automatic Share Purchase Plan
CALGARY, Alberta, June 24, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has entered into an automatic share purchase plan (“ASPP”) with its broker in order to facilitate repurchases of TransAlta's common shares (“Common Shares”) under the Company's previously announced normal course issuer bid (“NCIB”).
06/05 03:25 EST - seekingalpha.com
Canadian Preferred Shares To Buy Before The Expected Bank of Canada Rate Cuts Trigger FOMO
Preferred shares of Enbridge and other select Canadian utilities and infrastructure companies are expected to perform strongly over the next 6 to 12 months. The Bank of Canada will likely cut interest rates for the first time on June 5th or July 24th, creating an opportunity to invest in fixed dividend preferred shares that could trigger FOMO. After reset, dividends paid by preferred shares of Enbridge Inc., ENB.PR.Y:CA and ENB.PF.A:CA, will increase by 54% and 41.2%, respectively.
Canadian Preferred Shares To Buy Before The Expected Bank of Canada Rate Cuts Trigger FOMO
Preferred shares of Enbridge and other select Canadian utilities and infrastructure companies are expected to perform strongly over the next 6 to 12 months. The Bank of Canada will likely cut interest rates for the first time on June 5th or July 24th, creating an opportunity to invest in fixed dividend preferred shares that could trigger FOMO. After reset, dividends paid by preferred shares of Enbridge Inc., ENB.PR.Y:CA and ENB.PF.A:CA, will increase by 54% and 41.2%, respectively.
05/27 18:15 EST - globenewswire.com
TransAlta Renews Normal Course Issuer Bid
CALGARY, Alberta, May 27, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the Toronto Stock Exchange (“TSX”) has accepted the notice filed by the Company to implement a normal course issuer bid (“NCIB”) for a portion of its common shares (“Common Shares”).
TransAlta Renews Normal Course Issuer Bid
CALGARY, Alberta, May 27, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the Toronto Stock Exchange (“TSX”) has accepted the notice filed by the Company to implement a normal course issuer bid (“NCIB”) for a portion of its common shares (“Common Shares”).
05/21 16:22 EST - globenewswire.com
TransAlta Achieves Commercial Operation of 200 MW Horizon Hill Wind Facility, increasing its United States Renewables Fleet to over 1 GW
CALGARY, Alberta, May 21, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the 200 MW Horizon Hill Wind Project ("Horizon Hill"), located in Logan County, Oklahoma, has achieved commercial operation. The facility is fully contracted to Meta Platforms Inc. ("Meta"), which is receiving both clean electricity and environmental attributes from the new facility.
TransAlta Achieves Commercial Operation of 200 MW Horizon Hill Wind Facility, increasing its United States Renewables Fleet to over 1 GW
CALGARY, Alberta, May 21, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the 200 MW Horizon Hill Wind Project ("Horizon Hill"), located in Logan County, Oklahoma, has achieved commercial operation. The facility is fully contracted to Meta Platforms Inc. ("Meta"), which is receiving both clean electricity and environmental attributes from the new facility.
05/20 18:21 EST - seekingalpha.com
TransAlta: Compelling Value At 18% Free Cash Flow Yield
TransAlta has been a disappointing investment, underperforming other sectors. Q1-2024 showed solid financial performance, with adjusted EBITDA beating consensus estimates. TAC's hedging strategy has allowed it to secure premium prices for future years and continues to derisk the investment case.
TransAlta: Compelling Value At 18% Free Cash Flow Yield
TransAlta has been a disappointing investment, underperforming other sectors. Q1-2024 showed solid financial performance, with adjusted EBITDA beating consensus estimates. TAC's hedging strategy has allowed it to secure premium prices for future years and continues to derisk the investment case.
05/13 11:21 EST - zacks.com
5 Utility Stocks at the Forefront of the Recent Rally
The utility sector is now the third-best-performing sector year to date and the top-performing S&P 500 sector of the second quarter after a solid rally in the past month.
5 Utility Stocks at the Forefront of the Recent Rally
The utility sector is now the third-best-performing sector year to date and the top-performing S&P 500 sector of the second quarter after a solid rally in the past month.
05/03 14:35 EST - seekingalpha.com
TransAlta Corporation (TAC) Q1 2024 Earnings Call Transcript
TransAlta Corporation (NYSE:TAC ) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Chiara Valentini - Vice President, Strategic Finance & Investor Relations John Kousinioris - President & Chief Executive Officer Todd Stack - Executive Vice President, Finance & Chief Financial Officer Blain Van Melle - Executive Vice President, Commercial & Customer Relations Conference Call Participants Mark Jarvi - CIBC John Mould - TD Securities Ben Pham - BMO Maurice Choy - RBC Capital Markets Patrick Kenny - NBF Chris Varcoe - Calgary Herald Operator Good morning. My name is Carmen, and I will be your conference operator today.
TransAlta Corporation (TAC) Q1 2024 Earnings Call Transcript
TransAlta Corporation (NYSE:TAC ) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Chiara Valentini - Vice President, Strategic Finance & Investor Relations John Kousinioris - President & Chief Executive Officer Todd Stack - Executive Vice President, Finance & Chief Financial Officer Blain Van Melle - Executive Vice President, Commercial & Customer Relations Conference Call Participants Mark Jarvi - CIBC John Mould - TD Securities Ben Pham - BMO Maurice Choy - RBC Capital Markets Patrick Kenny - NBF Chris Varcoe - Calgary Herald Operator Good morning. My name is Carmen, and I will be your conference operator today.
05/03 07:04 EST - globenewswire.com
TransAlta Reports First Quarter 2024 Results
CALGARY, Alberta, May 03, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) today reported its financial results for the first quarter ended March 31, 2024, demonstrating strong operational and financial performance and reaffirming its 2024 outlook.
TransAlta Reports First Quarter 2024 Results
CALGARY, Alberta, May 03, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) today reported its financial results for the first quarter ended March 31, 2024, demonstrating strong operational and financial performance and reaffirming its 2024 outlook.
04/29 10:46 EST - zacks.com
Are Investors Undervaluing TransAlta (TAC) Right Now?
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 the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing TransAlta (TAC) Right Now?
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 the latest value, growth, and momentum trends to underscore strong picks.
04/25 16:34 EST - globenewswire.com
TransAlta Corporation Announces Results of the Annual Meeting of Shareholders and Election of all Directors
CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") held its Annual Meeting of Shareholders (“the Meeting”) on April 25, 2024. The total number of common shares represented by shareholders at the Meeting and by proxy was 194,587,285, representing 63.21 per cent of the Company's outstanding common shares.
TransAlta Corporation Announces Results of the Annual Meeting of Shareholders and Election of all Directors
CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") held its Annual Meeting of Shareholders (“the Meeting”) on April 25, 2024. The total number of common shares represented by shareholders at the Meeting and by proxy was 194,587,285, representing 63.21 per cent of the Company's outstanding common shares.
04/25 10:56 EST - zacks.com
Wall Street Analysts See a 78.25% Upside in TransAlta (TAC): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 78.3% in TransAlta (TAC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Wall Street Analysts See a 78.25% Upside in TransAlta (TAC): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 78.3% in TransAlta (TAC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
04/24 21:56 EST - headlinesoftoday.com
TransAlta Declares Dividends
CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) — The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of $0.06 per common share payable on July 1, 2024 to shareholders of record at the close of business on June 1, 2024. The Board of Directors also declared the following quarterly … The post TransAlta Declares Dividends appeared first on Headlines of Today...
TransAlta Declares Dividends
CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) — The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of $0.06 per common share payable on July 1, 2024 to shareholders of record at the close of business on June 1, 2024. The Board of Directors also declared the following quarterly … The post TransAlta Declares Dividends appeared first on Headlines of Today...
04/24 07:00 EST - globenewswire.com
TransAlta Achieves Commercial Operation of 300 MW White Rock Project and Increases its US Renewables Fleet to 820 MW
CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the combined 300 MW White Rock East and White Rock West wind facilities (“White Rock”), located in Caddo County, Oklahoma, have achieved commercial operation. The White Rock wind facilities are fully contracted to Amazon Energy LLC (“Amazon”) and are currently supplying clean and affordable electricity to our customer. TransAlta's portfolio in the US now totals 820 MW in net operating renewable energy capacity.
TransAlta Achieves Commercial Operation of 300 MW White Rock Project and Increases its US Renewables Fleet to 820 MW
CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the combined 300 MW White Rock East and White Rock West wind facilities (“White Rock”), located in Caddo County, Oklahoma, have achieved commercial operation. The White Rock wind facilities are fully contracted to Amazon Energy LLC (“Amazon”) and are currently supplying clean and affordable electricity to our customer. TransAlta's portfolio in the US now totals 820 MW in net operating renewable energy capacity.
04/19 11:42 EST - headlinesoftoday.com
TransAlta Joins Other Water Licence Holders and the Alberta
CALGARY, Alberta, April 19, 2024 (GLOBE NEWSWIRE) — TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has signed onto a voluntary water-sharing memorandum of understanding (“MOU”) with over thirty other water licence holders in the Bow River Basin. Water-sharing MOUs have been initiated by the Government of Alberta, across … The post TransAlta Joins Other Water Licence Holders and the Alberta appeared first on Headlines of Today...
TransAlta Joins Other Water Licence Holders and the Alberta
CALGARY, Alberta, April 19, 2024 (GLOBE NEWSWIRE) — TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has signed onto a voluntary water-sharing memorandum of understanding (“MOU”) with over thirty other water licence holders in the Bow River Basin. Water-sharing MOUs have been initiated by the Government of Alberta, across … The post TransAlta Joins Other Water Licence Holders and the Alberta appeared first on Headlines of Today...
04/19 11:39 EST - globenewswire.com
TransAlta Joins Other Water Licence Holders and the Alberta Government to collaborate on flow management on the Bow River System
CALGARY, Alberta, April 19, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has signed onto a voluntary water-sharing memorandum of understanding (“MOU”) with over thirty other water licence holders in the Bow River Basin.
TransAlta Joins Other Water Licence Holders and the Alberta Government to collaborate on flow management on the Bow River System
CALGARY, Alberta, April 19, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has signed onto a voluntary water-sharing memorandum of understanding (“MOU”) with over thirty other water licence holders in the Bow River Basin.
04/15 09:21 EST - zacks.com
Here's Why You Should Add TransAlta (TAC) to Your Portfolio Now
TransAlta (TAC) makes a strong case for investment, given its growth prospects, strong return on equity and ability to increase shareholders' value.
Here's Why You Should Add TransAlta (TAC) to Your Portfolio Now
TransAlta (TAC) makes a strong case for investment, given its growth prospects, strong return on equity and ability to increase shareholders' value.
04/11 10:46 EST - zacks.com
Should Value Investors Buy TransAlta (TAC) Stock?
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 the latest value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy TransAlta (TAC) Stock?
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 the latest value, growth, and momentum trends to underscore strong picks.
04/11 07:00 EST - globenewswire.com
TransAlta Announces Retirement of CFO and Appointment of New CFO
CALGARY, Alberta, April 11, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today the retirement of Todd Stack, Executive Vice-President, Finance and Chief Financial Officer from the Company, effective June 30, 2024. “On behalf of the Board of Directors and management team, I wish to express my deep appreciation to Todd for his contributions to TransAlta and its success during his 34-year tenure with the Company.
TransAlta Announces Retirement of CFO and Appointment of New CFO
CALGARY, Alberta, April 11, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today the retirement of Todd Stack, Executive Vice-President, Finance and Chief Financial Officer from the Company, effective June 30, 2024. “On behalf of the Board of Directors and management team, I wish to express my deep appreciation to Todd for his contributions to TransAlta and its success during his 34-year tenure with the Company.