TransAlta Corp (TAC)
NYSE:TAC
TAC Stock Chart & Stats
$12.66
-$0.37(-2.68%)
At close: 4:00 PM EST
$12.66
-$0.37(-2.68%)
Day’s Range― - ―
52-Week Range$10.12 - $17.88
Previous CloseN/A
Volume624.29K
Average Volume (3M)1.34M
Market Cap
$4.23B
Enterprise Value$9.96B
Total Cash (Recent Filing)$334.00M
Total Debt (Recent Filing)$4.46B
Price to Earnings (P/E)―
Beta0.82
Next Earnings
Jul 31, 2026EPS Estimate
0.11Next Dividend Ex-DateN/A
Dividend Yield1.33%
Share Statistics
EPS (TTM)-0.76
Shares Outstanding296,800,000
10 Day Avg. Volume1,542,506
30 Day Avg. Volume1,344,296
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 Cap2.35
Enterprise Value/Revenue4.50
Enterprise Value/Gross Profit13.91
Enterprise Value/Ebitda19.49
Forecast
1Y Price Target
$17.33Price Target Upside36.86% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.22
Revenue Forecast (FY)$1.51B
Bulls Say, Bears Say
Bulls Say
Strong Operating And Free Cash FlowConsistent, sizable operating cash flow and rapidly growing free cash flow provide durable internal funding for capex, dividends and debt reduction. Strong cash generation improves financial optionality, supporting project financing, acquisitions and liquidity even if reported earnings are cyclical.
High Contracted/hedged Revenue CoverageA roughly 80% hedged/contracted mix meaningfully reduces merchant revenue volatility and underpins predictable cashflows. This structural hedge coverage helps secure financing for projects, supports EBITDA stability through weak spot markets, and preserves funding capacity for strategic investments.
Growth Via Accretive Gas Peakers AcquisitionBuying two new peaking plants expands capacity and diversifies geography into Colorado, adding contracted, high-margin peaking EBITDA. Transaction structure uses project-level non‑recourse debt plus a bought‑deal equity raise, limiting sponsor leverage impact and accelerating contracted cash generation.
Bears Say
High Leverage And Weakened Equity BaseA materially elevated debt-to-equity ratio constrains financial flexibility and increases refinancing and interest-rate risk. With equity declining, the capital structure is more fragile, leaving less cushion against prolonged low prices and making funding large conversions or growth projects more reliant on external funding.
Weakened Profitability And Earnings VolatilityDeclining revenue and a return to net losses reveal an unstable earnings profile driven by merchant exposure and variable renewables/hydro performance. Persistent earnings volatility undermines sustainable internal funding, weakens coverage ratios, and raises the risk that cash flows may not support planned capex or debt reduction targets.
Centralia Outage And Regulatory UncertaintyCentralia's shutdown materially reduces near-term EBITDA and free cash flow and requires an estimated ~US$600M conversion capex to restart. The multi-year timeline, regulatory approvals and DOE-order uncertainty create execution and funding risk that can strain liquidity and delay recovery of contracted earnings.
TransAlta News
TAC FAQ
What was TransAlta Corp’s price range in the past 12 months?
TransAlta Corp lowest stock price was $10.12 and its highest was $17.88 in the past 12 months.
What is TransAlta Corp’s market cap?
TransAlta Corp’s market cap is $4.23B.
When is TransAlta Corp’s upcoming earnings report date?
TransAlta Corp’s upcoming earnings report date is Jul 31, 2026 which is in 57 days.
How were TransAlta Corp’s earnings last quarter?
TransAlta Corp released its earnings results on May 06, 2026. The company reported $0.029 earnings per share for the quarter, beating the consensus estimate of -$0.017 by $0.045.
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 $0.046 which represents an annual dividend yield of 1.33%. See more information on TransAlta Corp dividends here
What is TransAlta Corp’s EPS estimate?
TransAlta Corp’s EPS estimate is 0.11.
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 $0.029 in its last earnings report, beating expectations of -$0.017. Following the earnings report the stock price went up 1.513%.
Which hedge fund is a major shareholder of TransAlta Corp?
Currently, no hedge funds are holding shares in TAC
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:
$17.33 (36.86% Upside)
$17.33 (36.86% Upside)
Blogger Sentiment
Bullish
TAC Sentiment 70%
Sector Average 74%
Sector Average 74%
Hedge Fund Trend
Increased
By 36.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 2.9%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
47.07%
12-Months-Change
Fundamentals
Return on Equity
-11.56%
Trailing 12-Months
Asset Growth
-4.44%
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.
TAC Company Deck
TAC Earnings Call
Q1 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 TAC earnings summariesTAC Stock 12 Month Forecast
Average Price Target
$17.33
▲(36.86% Upside)
Technical Analysis
ATCO Ltd Cl I NV
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Capital Power
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Canadian Utilities A
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Algonquin Power & Utilities
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Northland Power
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Ownership Overview
0.46% Insiders
6.72% Mutual Funds
28.72% Other Institutional Investors
54.07% Public Companies and
Individual Investors