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TransAlta TSX:TA Stock Report

Last Price

CA$15.22

Market Cap

CA$4.3b

7D

4.5%

1Y

38.1%

Updated

21 Nov, 2024

Data

Company Financials +

TransAlta Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TransAlta
Historical stock prices
Current Share PriceCA$15.22
52 Week HighCA$15.37
52 Week LowCA$8.22
Beta0.92
11 Month Change7.11%
3 Month Change28.87%
1 Year Change38.11%
33 Year Change15.39%
5 Year Change69.87%
Change since IPO10.69%

Recent News & Updates

What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?

Oct 31
What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?

If EPS Growth Is Important To You, TransAlta (TSE:TA) Presents An Opportunity

Oct 12
If EPS Growth Is Important To You, TransAlta (TSE:TA) Presents An Opportunity

Recent updates

What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?

Oct 31
What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?

If EPS Growth Is Important To You, TransAlta (TSE:TA) Presents An Opportunity

Oct 12
If EPS Growth Is Important To You, TransAlta (TSE:TA) Presents An Opportunity

Little Excitement Around TransAlta Corporation's (TSE:TA) Earnings

Sep 26
Little Excitement Around TransAlta Corporation's (TSE:TA) Earnings

Is TransAlta Corporation (TSE:TA) Potentially Undervalued?

Jul 30
Is TransAlta Corporation (TSE:TA) Potentially Undervalued?

Little Excitement Around TransAlta Corporation's (TSE:TA) Earnings

Jun 06
Little Excitement Around TransAlta Corporation's (TSE:TA) Earnings

Is It Time To Consider Buying TransAlta Corporation (TSE:TA)?

Apr 12
Is It Time To Consider Buying TransAlta Corporation (TSE:TA)?

TransAlta (TSE:TA) Takes On Some Risk With Its Use Of Debt

Jan 11
TransAlta (TSE:TA) Takes On Some Risk With Its Use Of Debt

TransAlta Corporation's (TSE:TA) Low P/S No Reason For Excitement

Dec 27
TransAlta Corporation's (TSE:TA) Low P/S No Reason For Excitement

These 4 Measures Indicate That TransAlta (TSE:TA) Is Using Debt Extensively

Oct 05
These 4 Measures Indicate That TransAlta (TSE:TA) Is Using Debt Extensively

Is Now The Time To Look At Buying TransAlta Corporation (TSE:TA)?

Sep 15
Is Now The Time To Look At Buying TransAlta Corporation (TSE:TA)?

We Think TransAlta (TSE:TA) Is Taking Some Risk With Its Debt

Jun 24
We Think TransAlta (TSE:TA) Is Taking Some Risk With Its Debt

What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?

Jun 05
What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?

Revenue Downgrade: Here's What Analysts Forecast For TransAlta Corporation (TSE:TA)

May 06
Revenue Downgrade: Here's What Analysts Forecast For TransAlta Corporation (TSE:TA)

Here's Why TransAlta (TSE:TA) Has A Meaningful Debt Burden

Feb 08
Here's Why TransAlta (TSE:TA) Has A Meaningful Debt Burden

Why TransAlta Corporation (TSE:TA) Could Be Worth Watching

Dec 28
Why TransAlta Corporation (TSE:TA) Could Be Worth Watching

Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?

Aug 08
Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?

Shareholder Returns

TACA Renewable EnergyCA Market
7D4.5%0.6%0.7%
1Y38.1%14.0%21.7%

Return vs Industry: TA exceeded the Canadian Renewable Energy industry which returned 14% over the past year.

Return vs Market: TA exceeded the Canadian Market which returned 21.7% over the past year.

Price Volatility

Is TA's price volatile compared to industry and market?
TA volatility
TA Average Weekly Movement4.1%
Renewable Energy Industry Average Movement4.2%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

Stable Share Price: TA has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19091,257John Kousinioriswww.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

How do TransAlta's earnings and revenue compare to its market cap?
TA fundamental statistics
Market capCA$4.29b
Earnings (TTM)CA$158.00m
Revenue (TTM)CA$2.79b

28.7x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TA income statement (TTM)
RevenueCA$2.79b
Cost of RevenueCA$1.64b
Gross ProfitCA$1.15b
Other ExpensesCA$994.00m
EarningsCA$158.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin41.28%
Net Profit Margin5.66%
Debt/Equity Ratio209.4%

How did TA perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

45%

Payout Ratio

Does TA pay a reliable dividends?

See TA dividend history and benchmarks
When do you need to buy TA by to receive an upcoming dividend?
TransAlta dividend dates
Ex Dividend DateNov 29 2024
Dividend Pay DateJan 01 2025
Days until Ex dividend7 days
Days until Dividend pay date40 days

Does TA pay a reliable dividends?

See TA dividend history and benchmarks