TA.TO - TransAlta Corporation

Toronto - Toronto Delayed Price. Currency in CAD
8.10
+0.08 (+1.00%)
At close: 4:15PM EDT
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Previous Close8.02
Open8.01
Bid8.10 x 0
Ask8.11 x 0
Day's Range7.98 - 8.16
52 Week Range5.44 - 10.14
Volume445,671
Avg. Volume661,585
Market Cap2.306B
Beta (3Y Monthly)1.66
PE Ratio (TTM)N/A
EPS (TTM)-1.32
Earnings DateAug 9, 2019
Forward Dividend & Yield0.16 (1.98%)
Ex-Dividend Date2019-08-30
1y Target Est10.78
  • PR Newswire6 days ago

    TransAlta Declares Dividends

    CALGARY , July 16, 2019 /PRNewswire/ - The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) today declared a quarterly dividend of $0.04 per common share payable on October 1, 2019 to ...

  • CNW Group14 days ago

    Media Advisory: TransAlta Second Quarter 2019 Results and Conference Call

    Media Advisory: TransAlta Second Quarter 2019 Results and Conference Call

  • This Renewable Energy Stock Adds Some Power to Its Dividend Growth Engine
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    Brookfield Renewable Partners' investment in a fast-growing solar company will give it a bit more power to increase its high-yielding payout.

  • Why TransAlta Stock Has Rocketed 58% So Far in 2019
    Motley Fool20 days ago

    Why TransAlta Stock Has Rocketed 58% So Far in 2019

    The Canadian utility caught the attention of activist investors.

  • Hedge Funds Have Never Been This Bullish On TransAlta Corporation (TAC)
    Insider Monkey25 days ago

    Hedge Funds Have Never Been This Bullish On TransAlta Corporation (TAC)

    Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 9 percentage points since the end of the third quarter of 2018 as investors worried over the possible ramifications of rising interest rates and escalation of the trade war with China. The hedge funds and institutional investors we track typically invest more […]

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  • Markit2 months ago

    See what the IHS Markit Score report has to say about TransAlta Corp.

    TransAlta Corp NYSE:TACView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for TAC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting TAC. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold TAC had net inflows of $378 million over the last one-month. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. TAC credit default swap spreads are at their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of TA.TO earnings conference call or presentation 14-May-19 3:00pm GMT

    Q1 2019 TransAlta Corp Earnings Call

  • PR Newswire2 months ago

    TransAlta Announces TSX Acceptance of Normal Course Issuer Bid

    CALGARY , May 27, 2019 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) today announced that the Toronto Stock Exchange ("TSX") has ...

  • PR Newswire2 months ago

    TransAlta Announces Appointment of Chief Financial Officer

    CALGARY, May 17, 2019 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) today announces the promotion of Todd Stack to Chief Financial Officer ("CFO"), effective immediately. Mr. Stack, who has served as Managing Director and Corporate Controller of the Company since February 2017, has been responsible for providing leadership and direction over TransAlta's financial activities, corporate accounting and reporting, tax, and corporate planning. "I am excited to announce Todd's well-deserved promotion to CFO," said Dawn Farrell, President and Chief Executive Officer.

  • Associated Press2 months ago

    TransAlta: 1Q Earnings Snapshot

    The Calgary, Alberta-based company said it had a loss of 17 cents per share. The power generation and marketing company posted revenue of $487.4 million in the period. TransAlta shares have risen 63% since ...

  • CNW Group2 months ago

    TransAlta Reports First Quarter 2019 Results

    During the quarter we agreed to acquire a 49% interest in the Skookumchuck wind project adjacent to our coal mine at Centralia, further diversifying our fleet.  The project has a 20-year PPA with an investment grade counterparty, making it a good candidate for TransAlta Renewables to acquire. The acquisition is expected to close in December 2019 .  Including Skookumchuck, we now have over $700 million of renewables project under development in addition to the investments in the Pioneer Pipeline and our coal to gas conversions.  An Investor Day will be held in Toronto in September to showcase current and future growth opportunities, including the coal to gas conversions.  Additionally, an analyst and institutional investor tour of our Alberta wind and hydro facilities will be held in mid-July.

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  • PR Newswire3 months ago

    TransAlta Announces Initial Closing of the Brookfield Strategic Financing

    CALGARY, May 1, 2019 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) today announced the closing of the initial tranche of its previously announced $750 million strategic investment by an affiliate of Brookfield Renewable Partners ("Brookfield"). "Having achieved this important milestone, we can now start to realize the benefits of our partnership and financing with Brookfield," said Dawn Farrell, CEO of TransAlta. As previously disclosed, Brookfield will invest $750 million in TransAlta through the purchase of exchangeable securities, which are convertible into an equity ownership interest in TransAlta's Alberta hydro assets in the future at a value based on a multiple of the hydro assets' future adjusted EBITDA.

  • CNW Group3 months ago

    TransAlta Shareholders Elect All Directors at Annual and Special Meeting

    CALGARY , April 26, 2019 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) announced that shareholders elected all of management's director nominees to the TransAlta Board of Directors and approved all other resolutions at the Company's Annual and Special Meeting of Shareholders (the "Meeting") held earlier today. In total, 182,931,519 votes were cast in person or by proxy, representing 64.27% of the eligible common shares – one of the highest participation rates at a TransAlta shareholders' meeting ever. "Today's result is an important validation of TransAlta's strategy, team and progress," said Ambassador Gordon Giffin , Chair of the Board of TransAlta.

  • PR Newswire3 months ago

    TransAlta Comments on Mangroves' Latest News Release

    CALGARY, April 23, 2019 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TA.TO) (TAC) today commented on the latest news release from Mangrove Partners. "Mangrove's latest claim is without merit and is simply the latest complaint in a string of frivolous tactics. "A majority of our shareholders have already voted overwhelmingly in support of the Board at our upcoming Meeting.