TransAlta Future Growth

Future criteria checks 0/6

TransAlta's revenue and earnings are forecast to decline at 14.1% and 123.2% per annum respectively while EPS is expected to decline by 72% per annum.

Key information

-123.2%

Earnings growth rate

-72.0%

EPS growth rate

Renewable Energy earnings growth	18.9%
Revenue growth rate	-14.1%
Future return on equity	n/a
Analyst coverage	Good
Last updated	19 Sep 2024

Recent future growth updates

Recent updates

TransAlta Is Up 40% In 2021 And Is Poised To Repeat It In 2022 With Or Without Acquisition By Brookfield

Dec 14

TransAlta Investor Day: Clear Targets And Good Outlook, Though Valuations Are Mixed

Oct 13

TransAlta announces NCIB for shares

May 26

TransAlta declares CAD 0.0425 dividend

May 04

Earnings and Revenue Growth Forecasts

NYSE:TAC - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,210	N/A	685	767	2
12/31/2025	2,533	29	630	766	3
12/31/2024	2,893	247	567	921	3
6/30/2024	3,170	566	807	1,343	N/A
3/31/2024	3,213	572	576	1,246	N/A
12/31/2023	3,355	644	576	1,464	N/A
9/30/2023	3,585	565	414	1,505	N/A
6/30/2023	3,497	254	-179	1,028	N/A
3/31/2023	3,330	112	-255	888	N/A
12/31/2022	2,976	4	-72	877	N/A
9/30/2022	2,732	89	-69	580	N/A
6/30/2022	2,653	-428	493	986	N/A
3/31/2022	2,814	-360	712	1,195	N/A
12/31/2021	2,721	-576	512	1,001	N/A
9/30/2021	2,655	-665	493	1,057	N/A
6/30/2021	2,319	-345	136	704	N/A
3/31/2021	2,137	-393	220	745	N/A
12/31/2020	2,101	-336	202	702	N/A
9/30/2020	2,166	-103	391	773	N/A
6/30/2020	2,245	84	411	844	N/A
3/31/2020	2,305	144	513	981	N/A
12/31/2019	2,347	52	418	849	N/A
9/30/2019	2,360	-136	392	800	N/A
6/30/2019	2,360	-273	307	631	N/A
3/31/2019	2,309	-378	201	477	N/A
12/31/2018	2,249	-248	523	820	N/A
9/30/2018	2,265	-271	469	769	N/A
6/30/2018	2,260	-212	466	811	N/A
3/31/2018	2,317	-125	N/A	770	N/A
12/31/2017	2,307	-190	N/A	626	N/A
9/30/2017	2,386	16	N/A	667	N/A
6/30/2017	2,418	31	N/A	694	N/A
3/31/2017	2,407	55	N/A	750	N/A
12/31/2016	2,397	117	N/A	744	N/A
9/30/2016	2,275	49	N/A	740	N/A
6/30/2016	2,296	215	N/A	712	N/A
3/31/2016	2,242	78	N/A	554	N/A
12/31/2015	2,267	-24	N/A	432	N/A
9/30/2015	2,390	131	N/A	564	N/A
6/30/2015	2,388	-29	N/A	580	N/A
3/31/2015	2,441	52	N/A	670	N/A
12/31/2014	2,623	141	N/A	796	N/A
9/30/2014	2,492	-73	N/A	710	N/A
6/30/2014	2,476	-76	N/A	747	N/A
3/31/2014	2,527	-11	N/A	788	N/A
12/31/2013	2,292	-71	N/A	765	N/A
9/30/2013	2,351	34	N/A	846	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TAC's earnings are forecast to decline over the next 3 years (-123.2% per year).

Earnings vs Market: TAC's earnings are forecast to decline over the next 3 years (-123.2% per year).

High Growth Earnings: TAC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TAC's revenue is expected to decline over the next 3 years (-14.1% per year).

High Growth Revenue: TAC's revenue is forecast to decline over the next 3 years (-14.1% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if TAC's Return on Equity is forecast to be high in 3 years time

TransAlta Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

TransAlta Corporation Provides Production Guidance for the Third Quarter, Fourth Quarter, Full Year 2025 and 2026

TransAlta Corporation Provides Production Guidance for the Full Year 2024

Recent updates

Upcoming dividend of CA$0.06 per share

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released: EPS: CA$0.18 (vs CA$0.23 in 2Q 2023)

First quarter dividend of CA$0.06 announced

TransAlta Corporation Provides Production Guidance for the Third Quarter, Fourth Quarter, Full Year 2025 and 2026

TransAlta Corporation Declares Quarterly Dividend on Common Shares, Payable on October 1, 2024

TransAlta Corporation to Report Q2, 2024 Results on Aug 01, 2024

Insider recently sold US$355k worth of stock

Upcoming dividend of CA$0.06 per share

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: CA$0.72 (vs CA$1.10 in 1Q 2023)

Fourth quarter dividend of CA$0.06 announced

TransAlta Corporation Declares Quarterly Dividend on Common Shares, Payable on July 1, 2024

TransAlta Corporation Announces CFO Changes

TransAlta Corporation to Report Q1, 2024 Results on May 03, 2024

TransAlta: The Transition Must Accelerate

New major risk - Revenue and earnings growth

Full year 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of CA$0.06 per share

TransAlta Corporation, Annual General Meeting, Apr 25, 2024

TransAlta Corporation to Report Q4, 2023 Results on Feb 23, 2024

TransAlta: A Major Player, A Good Buy At Below $10.5/Share

Upcoming dividend of CA$0.055 per share at 2.0% yield

TransAlta Corporation Provides Production Guidance for the Full Year 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Ransalta Corporation Declares Quarterly Dividend Payable on January 1, 2024

TransAlta Corporation to Report Q3, 2023 Results on Nov 07, 2023

TransAlta Corporation (TSX:TA) completed the acquisition of remaining 39.9% stake in TransAlta Renewables Inc. (TSX:RNW) from TortoiseEcofin Investments, LLC and others.

TransAlta Corporation (TSX:TA) completed the acquisition of remaining 39.9% stake in TransAlta Renewables Inc. (TSX:RNW).

New minor risk - Shareholder dilution

Upcoming dividend of CA$0.055 per share at 1.6% yield

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Transalta Corporation Declares Quarterly Dividend, Payable on October 1, 2023

Transalta Corporation Declares Quarterly Dividend, Payable on October 1, 2023

New minor risk - Shareholder dilution

TransAlta Corporation (TSX:TA) entered into a definitive arrangement agreement to acquire remaining 39.9% stake in TransAlta Renewables Inc. (TSX:RNW) from shareholders for CAD 1.3 billion.

TransAlta Corporation to Report Q2, 2023 Results on Aug 04, 2023

Upcoming dividend of CA$0.055 per share at 1.7% yield

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Insider recently sold US$116k worth of stock

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

TransAlta Q4 2022 Earnings Preview

Upcoming dividend of CA$0.055 per share at 1.8% yield

TransAlta Corporation, Annual General Meeting, Apr 28, 2023

TransAlta Corporation to Report Q4, 2022 Results on Feb 23, 2023

Transalta Corporation Appoints Manjit Sharma to the Board of Directors Effective January 1, 2023

TransAlta Corporation Declares a Quarterly Dividend, Payable on April 1, 2023

TransAlta declares CAD 0.055 dividend

Upcoming dividend of CA$0.055 per share

High number of new directors

TransAlta prices $400M senior green bond offering

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Transalta Corporation Announces Retirement of Beverlee Park from Board of Directors

TransAlta Q3 2022 Earnings Preview

TransAlta Corporation to Report Q3, 2022 Results on Nov 08, 2022

Upcoming dividend of CA$0.05 per share

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

TransAlta Corporation Provides Dividend Guidance for 2022

TransAlta Q2 2022 Earnings Preview

TransAlta Corporation Declares Quarterly Dividend, Payable on October 1, 2022

TransAlta declares CAD 0.05 dividend

TransAlta Corporation to Report Q2, 2022 Results on Aug 05, 2022

TransAlta: Renewable Growth Stories At Great Valuations

Upcoming dividend of CA$0.05 per share

Insider recently sold US$1.1m worth of stock

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

TransAlta Corporation Declares Quarterly Dividend, Payable on July 1, 2022

High number of new directors

TransAlta Corporation to Report Q1, 2022 Results on May 06, 2022

TransAlta Corp.: A Superior Choice To TransAlta Renewables

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of CA$0.05 per share

TransAlta Corporation, Annual General Meeting, Apr 28, 2022