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TA Stock Chart & Stats
C$19.30
-C$0.49(-2.54%)
At close: 4:00 PM EDT
C$19.30
-C$0.49(-2.54%)
Day’s Range― - ―
52-Week RangeC$15.62 - C$25.03
Previous CloseN/A
Volume215.82K
Average Volume (3M)1.68M
Market Cap
C$5.55B
Enterprise ValueC$10.81K
Total Cash (Recent Filing)C$302.00M
Total Debt (Recent Filing)C$4.24B
Price to Earnings (P/E)―
Beta1.06
Next Earnings
Nov 10, 2026EPS Estimate
0.05Next Dividend Ex-DateN/A
Dividend Yield1.51%
Share Statistics
EPS (TTM)-0.26
Shares Outstanding316,025,180
10 Day Avg. Volume1,497,954
30 Day Avg. Volume1,681,078
Financial Highlights & Ratios
PEG Ratio0.13
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$24.43Price Target Upside26.57% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)0.31
Revenue Forecast (FY)C$2.11B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationSustained positive operating and free cash flow provides durable capacity to service debt, fund sustaining capex and fund growth initiatives. Reliable cash generation improves financial resilience against merchant volatility and supports execution of asset recycling or FID timing over coming quarters.
Robust Hedging ProgramA large, multi-year hedge book meaningfully reduces exposure to spot-price swings, stabilizing revenue and margins across 2026–2027. This structural risk management preserves cash flow predictability, easing near-term credit pressure and enabling disciplined capital allocation despite weak merchant markets.
Accretive Contracted AcquisitionAcquiring fully contracted gas peakers on tolling agreements strengthens contracted earnings and immediate free-cash-flow per share. The deal diversifies geography and revenue mix toward low-risk contracted cash flows, materially improving structural EBITDA and FCF profile once closed.
Bears Say
Elevated LeverageHigh leverage materially constrains financial flexibility and raises sensitivity to earnings swings. With debt-to-equity near 3.2, slower cash flow or prolonged weak prices could pressure ratings, increase financing costs, and limit ability to pursue organic growth or absorb project timing delays over the medium term.
Negative Trailing EarningsA TTM net loss indicates bottom-line volatility despite positive EBITDA, reducing retained earnings and weakening coverage metrics. Persistent or recurring net losses would erode equity, complicate dividend policy and credit metrics, and increase reliance on non-operational levers to restore profitability.
Weak Merchant Price EnvironmentSustained lower Alberta spot prices structurally depress merchant and hydro realizations, reducing unhedged revenue potential. Even with hedges, prolonged weak market pricing compresses margins and magnifies credit stress if hedged volumes roll off, challenging earnings stability over the next several quarters.
TransAlta News
TA FAQ
What was TransAlta Corp’s price range in the past 12 months?
TransAlta Corp lowest stock price was C$15.62 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$5.55B.
When is TransAlta Corp’s upcoming earnings report date?
TransAlta Corp’s upcoming earnings report date is Nov 10, 2026 which is in 92 days.
How were TransAlta Corp’s earnings last quarter?
TransAlta Corp released its earnings results on Jul 31, 2026. The company reported C$0.18 earnings per share for the quarter, beating the consensus estimate of C$0.159 by C$0.021.
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$0.07 which represents an annual dividend yield of 1.51%. See more information on TransAlta Corp dividends here
What is TransAlta Corp’s EPS estimate?
TransAlta Corp’s EPS estimate is 0.05.
How many shares outstanding does TransAlta Corp have?
TransAlta Corp has 316,025,180 shares outstanding.
What happened to TransAlta Corp’s price movement after its last earnings report?
TransAlta Corp reported an EPS of C$0.18 in its last earnings report, beating expectations of C$0.159. Following the earnings report the stock price went down -2.661%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$24.43 (26.57% Upside)
C$24.43 (26.57% Upside)
Blogger Sentiment
Bullish
TSE:TA Sentiment 67%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth C$119.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 2.3%
Last 30 Days ▲ 1.6%
Last 30 Days ▲ 1.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.19%
12-Months-Change
Fundamentals
Return on Equity
1.51%
Trailing 12-Months
Asset Growth
-4.87%
Trailing 12-Months
Company Description
TransAlta Corp
TransAlta Corporation is an energy firm engaged in the ownership, operation, and enhancement of a diverse array of electricity-generating assets across Canada, the United States, and Australia. The company's activities are organized into four primary sectors: Hydro, Wind and Solar, Gas, and Energy Transition. Its infrastructure encompasses hydroelectric, wind, solar, natural gas-fired, and coal-fired power plants. Additionally, TransAlta engages in the wholesale trading of electrical power, alongside other energy-related goods and financial instruments. Its business scope extends to associated mining operations and the management of natural gas pipelines. TransAlta serves a broad customer base, including municipalities, mid-to-large-scale industrial clients, businesses, and utility companies. Founded in 1909, the corporation maintains its headquarters in Calgary, Canada.
TA Company Deck
TA Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed solid operational execution (adjusted EBITDA of $291M, $143M free cash flow, 90.2% availability), strong hedging and an accretive US acquisition that together provide stable, near-term cash flow. These positives are balanced against continued weak Alberta spot prices (down ~27.5% YoY), a notable drop in hydro EBITDA (~31% YoY), and a negative S&P outlook. Management emphasized multiple levers to strengthen the balance sheet (asset recycling, Centralia FID, data center initiatives) and remained confident in 2026 guidance. Overall, the tone was constructive with clear strategic actions to mitigate current market weakness, though timing risks around AESO decisions and credit metrics remain.View all TSE:TA earnings summariesTA Stock 12 Month Forecast
Average Price Target
C$24.43
▲(26.57% Upside)
Technical Analysis
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