Transalta Corp. (TSE:TA)
TSX:TA
TA Stock Chart & Stats
C$18.50
-C$0.47(-2.41%)
At close: 4:00 PM EST
C$18.50
-C$0.47(-2.41%)
Day’s Range― - ―
52-Week RangeC$11.16 - C$25.03
Previous CloseN/A
Volume1.09M
Average Volume (3M)1.43M
Market Cap
C$5.49B
Enterprise ValueC$9.69B
Total Cash (Recent Filing)C$283.00M
Total Debt (Recent Filing)C$4.48B
Price to Earnings (P/E)―
Beta1.01
Next Earnings
May 01, 2026EPS Estimate
0.04Next Dividend Ex-DateN/A
Dividend Yield1.46%
Share Statistics
EPS (TTM)-0.06
Shares Outstanding296,800,000
10 Day Avg. Volume1,808,942
30 Day Avg. Volume1,431,444
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)3.69
Price to Sales (P/S)2.14
P/FCF Ratio12.99
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$22.88Price Target Upside23.67% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.26
Revenue Forecast (FY)C$2.10B
Bulls Say, Bears Say
Bulls Say
High Contracted / Hedged RevenueA roughly 80% contracted/hedged revenue mix materially reduces short‑term merchant price exposure and stabilizes cash flows across the next 2–6 months. Multi‑year hedges (including ~4,000 GWh hedged for 2027) provide durable revenue visibility that supports meeting EBITDA and FCF guidance.
Strong Cash GenerationConsistent operating cash flow and positive free cash flow in 2025 show the business can self‑fund operations, dividends and some growth capex. This cash generation underpins liquidity and provides multiple funding levers (FCF, debt capacity, asset rotation) despite cyclical swings in reported earnings.
Renewables Growth & Transition ProgressGrowing renewables EBITDA and early achievement of emissions targets strengthen TransAlta’s strategic positioning in the energy transition. A larger, diversified renewables base increases recurring attribute revenues and reduces fossil generation exposure, supporting more durable earnings as markets decarbonize.
Bears Say
Elevated LeverageHigh and rising leverage increases refinancing, interest‑rate and covenant risk during a period of earnings volatility. With a thinner equity cushion, the company has less flexibility to absorb shocks or pursue aggressive growth without issuing new debt or diluting equity, raising structural financial risk.
Weakened Earnings QualityA swing to a net loss and compressed margins reflect structural pressure on profitability from lower merchant prices and below‑the‑line burdens. Sustained weaker earnings reduce retained earnings and constrain internal funding for maintenance, growth capex and debt paydown over the medium term.
Centralia Downtime & Conversion RiskCentralia’s enforced outage and regulatory order remove a large source of contracted output and compress near‑term EBITDA/FCF. The planned ~$600M conversion requires significant capex and FID/timing approvals; execution and regulatory risks create durable uncertainty around cash flow recovery and project funding.
TransAlta News
TA FAQ
What was Transalta Corp.’s price range in the past 12 months?
Transalta Corp. lowest stock price was C$11.16 and its highest was C$25.02 in the past 12 months.
What is Transalta Corp.’s market cap?
Transalta Corp.’s market cap is C$5.49B.
When is Transalta Corp.’s upcoming earnings report date?
Transalta Corp.’s upcoming earnings report date is May 01, 2026 which is in 29 days.
How were Transalta Corp.’s earnings last quarter?
Transalta Corp. released its earnings results on Feb 27, 2026. The company reported -C$0.06 earnings per share for the quarter, missing the consensus estimate of C$0.045 by -C$0.105.
Is Transalta Corp. overvalued?
According to Wall Street analysts Transalta Corp.’s price is currently Undervalued.
Does Transalta Corp. pay dividends?
Transalta Corp. pays a Quarterly dividend of C$0.065 which represents an annual dividend yield of 1.46%. See more information on Transalta Corp. dividends here
What is Transalta Corp.’s EPS estimate?
Transalta Corp.’s EPS estimate is 0.04.
How many shares outstanding does Transalta Corp. have?
Transalta Corp. has 296,800,000 shares outstanding.
What happened to Transalta Corp.’s price movement after its last earnings report?
Transalta Corp. reported an EPS of -C$0.06 in its last earnings report, missing expectations of C$0.045. Following the earnings report the stock price went up 5.729%.
Which hedge fund is a major shareholder of Transalta Corp.?
Currently, no hedge funds are holding shares in TSE:TA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
TransAlta Stock Smart Score
Underperform
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10
Analyst Consensus
Strong Buy
Average Price Target:
C$22.88 (23.67% Upside)
C$22.88 (23.67% Upside)
Blogger Sentiment
Bullish
TSE:TA Sentiment 100%
Sector Average 65%
Sector Average 65%
Insider Transactions
Sold Shares
Worth $1.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.6%
Last 30 Days ▼ 13.4%
Last 30 Days ▼ 13.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
36.31%
12-Months-Change
Fundamentals
Return on Equity
-8.84%
Trailing 12-Months
Asset Growth
-4.34%
Trailing 12-Months
Company Description
Transalta Corp.
TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through four segments: Hydro, Wind and Solar, Gas, and Energy Transition. owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. The company also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations. It serves municipalities, medium and large industries, businesses, and utility customers. The company was founded in 1909 and is headquartered in Calgary, Canada.
TA Company Deck
TA Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call balanced strong strategic execution and capital allocation actions (MOU for a large data-center opportunity, Centralia tolling agreement and conversion plan, accretive Far North acquisition, improved liquidity via $2.1B facilities, record safety, dividend increase and early achievement of emissions targets) against a challenging near-term operating backdrop driven by significantly lower Alberta spot power prices, subdued market volatility that reduced merchant and energy marketing results, Centralia operational constraints due to a DOE order, and timing/approval risks for data center development. Management presented clear mitigation levers (hedging, contracted fleet ~80% of expected revenue, asset optionality and funding flexibility) and a path to fund growth, but near-term financial metrics and guidance are pressured by market conditions and Centralia downtime.View all TSE:TA earnings summariesTA Stock 12 Month Forecast
Average Price Target
C$22.88
▲(23.67% Upside)
Technical Analysis
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Options Prices
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