TA Stock Overview
Engages in the development, production, and sale of electric energy.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
TransAlta Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$9.83 |
| 52 Week High | CA$13.97 |
| 52 Week Low | CA$8.22 |
| Beta | 0.87 |
| 1 Month Change | 10.57% |
| 3 Month Change | 5.81% |
| 1 Year Change | -25.13% |
| 3 Year Change | -12.00% |
| 5 Year Change | 12.73% |
| Change since IPO | -28.51% |
Recent News & Updates
Recent updates
Is It Time To Consider Buying TransAlta Corporation (TSE:TA)?
Apr 12
TransAlta (TSE:TA) Takes On Some Risk With Its Use Of Debt
Jan 11TransAlta Corporation's (TSE:TA) Low P/S No Reason For Excitement
Dec 27These 4 Measures Indicate That TransAlta (TSE:TA) Is Using Debt Extensively
Oct 05Is Now The Time To Look At Buying TransAlta Corporation (TSE:TA)?
Sep 15We Think TransAlta (TSE:TA) Is Taking Some Risk With Its Debt
Jun 24What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?
Jun 05Revenue Downgrade: Here's What Analysts Forecast For TransAlta Corporation (TSE:TA)
May 06Here's Why TransAlta (TSE:TA) Has A Meaningful Debt Burden
Feb 08Why TransAlta Corporation (TSE:TA) Could Be Worth Watching
Dec 28Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?
Aug 08Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?
May 03Is TransAlta (TSE:TA) Using Too Much Debt?
Jan 11TransAlta (TSE:TA) Has A Somewhat Strained Balance Sheet
Sep 26Shareholder Returns
| TA | CA Renewable Energy | CA Market | |
|---|---|---|---|
| 7D | 0.9% | 1.3% | 0.9% |
| 1Y | -25.1% | -14.7% | 10.8% |
Return vs Industry: TA underperformed the Canadian Renewable Energy industry which returned -14.6% over the past year.
Return vs Market: TA underperformed the Canadian Market which returned 10.8% over the past year.
Price Volatility
| TA volatility | |
|---|---|
| TA Average Weekly Movement | 4.4% |
| Renewable Energy Industry Average Movement | 4.7% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in CA Market | 17.8% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: TA has not had significant price volatility in the past 3 months.
Volatility Over Time: TA's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1909 | 1,257 | John Kousinioris | www.transalta.com |
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.
TransAlta Corporation Fundamentals Summary
| TA fundamental statistics | |
|---|---|
| Market cap | CA$2.99b |
| Earnings (TTM) | CA$572.00m |
| Revenue (TTM) | CA$3.21b |
5.2x
P/E Ratio0.9x
P/S RatioIs TA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TA income statement (TTM) | |
|---|---|
| Revenue | CA$3.21b |
| Cost of Revenue | CA$1.73b |
| Gross Profit | CA$1.49b |
| Other Expenses | CA$914.00m |
| Earnings | CA$572.00m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.88 |
| Gross Margin | 46.25% |
| Net Profit Margin | 17.80% |
| Debt/Equity Ratio | 210.1% |
How did TA perform over the long term?
See historical performance and comparisonDividends
2.4%
Current Dividend Yield11%
Payout RatioDoes TA pay a reliable dividends?
See TA dividend history and benchmarks| TransAlta dividend dates | |
|---|---|
| Ex Dividend Date | May 31 2024 |
| Dividend Pay Date | Jul 01 2024 |
| Days until Ex dividend | 11 days |
| Days until Dividend pay date | 42 days |
Does TA pay a reliable dividends?
See TA dividend history and benchmarks