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TransAlta TSX:TA Stock Report

Last Price

CA$8.75

Market Cap

CA$2.7b

7D

1.7%

1Y

-22.8%

Updated

27 Mar, 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$8.75
52 Week HighCA$13.97
52 Week LowCA$8.44
Beta0.89
1 Month Change-7.80%
3 Month Change-20.09%
1 Year Change-22.77%
3 Year Change-26.47%
5 Year Change-12.24%
Change since IPO-36.36%

Recent News & Updates

Recent updates

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?

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

May 03
Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?

Is TransAlta (TSE:TA) Using Too Much Debt?

Jan 11
Is TransAlta (TSE:TA) Using Too Much Debt?

TransAlta (TSE:TA) Has A Somewhat Strained Balance Sheet

Sep 26
TransAlta (TSE:TA) Has A Somewhat Strained Balance Sheet

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

Jun 07
Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?

Shareholder Returns

TACA Renewable EnergyCA Market
7D1.7%1.7%0.4%
1Y-22.8%-25.4%9.0%

Return vs Industry: TA exceeded the Canadian Renewable Energy industry which returned -25.5% over the past year.

Return vs Market: TA underperformed the Canadian Market which returned 9% over the past year.

Price Volatility

Is TA's price volatile compared to industry and market?
TA volatility
TA Average Weekly Movement3.9%
Renewable Energy Industry Average Movement4.4%
Market Average Movement8.5%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

Stable Share Price: TA's share price has been volatile over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
19091,257John Kousiniorishttps://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

How do TransAlta's earnings and revenue compare to its market cap?
TA fundamental statistics
Market capCA$2.69b
Earnings (TTM)CA$644.00m
Revenue (TTM)CA$3.36b

4.2x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TA income statement (TTM)
RevenueCA$3.36b
Cost of RevenueCA$1.71b
Gross ProfitCA$1.64b
Other ExpensesCA$1.00b
EarningsCA$644.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.09
Gross Margin49.00%
Net Profit Margin19.20%
Debt/Equity Ratio244.6%

How did TA perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

9%

Payout Ratio
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