Analysis of TAC Dividend Expectations and Stock Performance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 9 minutes ago
0mins
Source: NASDAQ.COM
- Dividend Yield Analysis: TAC's current estimated annualized dividend yield stands at 2.01%, and while dividends are not always predictable, historical data can help assess the likelihood of continued dividends, influencing investor return expectations.
- Price Volatility Range: The 52-week low for TAC is $9.52 per share, with a high of $17.8754, and the latest trade price is $13.89, indicating stability within its price range that may affect investor buying decisions.
- ETF Holding Proportion: According to ETF Channel, TAC comprises 2.04% of the SPDR S&P Kensho Clean Power ETF (CNRG), which is up about 1.1% on the day, suggesting increased market interest in clean energy that could positively impact TAC's stock price.
- Intraday Trading Performance: On Friday, TransAlta Corp shares fell approximately 0.5%, reflecting short-term market sentiment fluctuations, prompting investors to monitor market dynamics for strategic adjustments.
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Analyst Views on TAC
Wall Street analysts forecast TAC stock price to rise
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 14.030
Low
12.96
Averages
17.38
High
19.44
Current: 14.030
Low
12.96
Averages
17.38
High
19.44
About TAC
TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia. It provides municipalities, medium and large industries, businesses, and utility customers with affordable, energy-efficient, and reliable power. Its portfolio includes hydro, wind, solar, battery storage, natural gas, and thermal power. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. It has over 88 energy assets in the portfolio. It has a diversified fleet of hydro, wind, solar, natural gas, and cogeneration generates over 9,000 megawatts of electricity. It delivers renewable energy solutions for large-scale commercial partners, including technology companies. It operates a fleet of electrical power generation assets, including Antrim Wind Project, Lakeswind Facility, Old Town Wind Project, White Rock East Project, Mass Solar Project, Fortescue River Gas Pipeline, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Analysis of TAC Dividend Expectations and Stock Performance
- Dividend Yield Analysis: TAC's current estimated annualized dividend yield stands at 2.01%, and while dividends are not always predictable, historical data can help assess the likelihood of continued dividends, influencing investor return expectations.
- Price Volatility Range: The 52-week low for TAC is $9.52 per share, with a high of $17.8754, and the latest trade price is $13.89, indicating stability within its price range that may affect investor buying decisions.
- ETF Holding Proportion: According to ETF Channel, TAC comprises 2.04% of the SPDR S&P Kensho Clean Power ETF (CNRG), which is up about 1.1% on the day, suggesting increased market interest in clean energy that could positively impact TAC's stock price.
- Intraday Trading Performance: On Friday, TransAlta Corp shares fell approximately 0.5%, reflecting short-term market sentiment fluctuations, prompting investors to monitor market dynamics for strategic adjustments.
See More
TransAlta Reports Strong Q1 Earnings Amid Leadership Changes
- Earnings Highlights: TransAlta reported Q1 adjusted EPS of C$0.60, significantly up from C$0.10 last year, indicating strong profitability growth despite a challenging pricing environment.
- Revenue and Cash Flow: While Q1 revenue was C$565M, down from C$758M a year ago, free cash flow remained robust at C$102M, demonstrating the company's resilience in cash management.
- Segment Performance: Adjusted EBITDA for hydro, wind, and solar fell to C$35M, C$95M, and C$93M respectively, reflecting market challenges, yet the company maintains its FY26 adjusted EBITDA outlook of C$950M to C$1.05B.
- Leadership Changes: Following Joel Hunter's transition from CFO to President and CEO, Mike Politeski and Grant Arnold were appointed as new CFO and Chief Commercial Officer on May 1 and May 6, 2026, respectively, indicating ongoing strategic adjustments and optimization within the company.
See More
TransAlta Scheduled to Announce Q1 Earnings on May 6
- Earnings Announcement Timing: TransAlta is set to release its Q1 2023 earnings report on May 6 before the market opens, with investors closely monitoring its performance to assess future profitability and market positioning.
- Market Expectations: The consensus EPS estimate for TransAlta stands at -$0.01, indicating a cautious market sentiment regarding the company's current financial health, which may impact investor confidence.
- Historical Performance Data: Historical earnings data for TransAlta will provide investors with crucial insights into the company's performance trends over recent quarters, enabling more informed investment decisions.
- Analyst Call Preparations: The company will also conduct a shareholder/analyst call, with prepared remarks aimed at providing deeper insights into its strategic direction and future outlook, thereby enhancing investor understanding of its operations.
See More
TransAlta Corporation Shareholder Meeting Resolutions
- Shareholder Participation: At the Annual Meeting held on April 30, 2026, a total of 188,939,751 common shares were represented by shareholders and proxies, achieving a participation rate of 63.55%, indicating strong shareholder engagement and interest in corporate governance.
- Director Election Results: All nine director nominees proposed by management were elected, with Brian Baker receiving 92.54% of the votes, reflecting shareholder confidence in the current management team and enhancing governance stability.
- Auditor Appointment: Ernst & Young LLP was approved as the auditor for 2026, receiving 99.19% support, which not only ensures financial transparency but also boosts investor confidence in the company's financial reporting.
- Compensation Policy Vote: The non-binding advisory vote on executive compensation was approved with 96.69% support, indicating shareholder approval of the company's compensation strategy, which helps align management incentives with company performance.
See More
TransAlta Declares Quarterly Dividend for Preferred Shares
- Quarterly Dividend Announcement: TransAlta Corporation has declared a quarterly dividend for various preferred shares, scheduled for payment on June 30, 2026, covering the period from March 31, 2026, indicating the company's stable cash flow and shareholder return strategy.
- Preferred Share Details: The dividend rates for the six series of preferred shares, including ATA.PR.D, TA.PR.E, TA.PR.F, TA.PR.G, TA.PR.H, and TA.PR.J, are set at 4.782%, 4.221%, 5.854%, 5.291%, 6.894%, and 6.773%, respectively, reflecting the company's attractiveness to investors and competitive positioning in the market.
- Payment Arrangement: All preferred share dividends are scheduled for payment on June 30, 2026, with provisions for payment to be made on the next business day if the date falls on a weekend or holiday, ensuring timely returns for investors.
- Company Background: TransAlta is one of Canada's largest publicly traded power generators with over 100 years of operational history, committed to delivering reliable electricity services, showcasing its leadership in the energy market and potential for sustained growth.
See More
TransAlta Appoints New CEO and CFO
- Executive Changes: TransAlta announced the appointment of current CFO Joel Hunter as the new President and CEO effective April 30, succeeding retiring President and CEO John Kousinioris, indicating a strategic shift in leadership.
- Financial Leadership Transition: To fill the vacancy left by Joel Hunter, the company appointed Mike Politeski as Chief Financial Officer and Executive Vice President effective May 1, bringing over 25 years of capital markets and financial strategy experience, which is expected to provide fresh financial insights.
- Commercial Function Enhancement: Grant Arnold has been appointed as Chief Commercial Officer and Executive Vice President effective May 6, aiming to strengthen the company's commercial strategy and enhance market competitiveness to ensure continued growth in the power sector.
- Market Reaction: In pre-market trading, TransAlta shares were priced at $12.62, down 0.32% on the New York Stock Exchange, reflecting a cautious market response to the executive changes, which may impact investor confidence.
See More
Analysis of TAC Dividend Expectations and Stock Performance
- Dividend Yield Analysis: TAC's current estimated annualized dividend yield stands at 2.01%, and while dividends are not always predictable, historical data can help assess the likelihood of continued dividends, influencing investor return expectations.
- Price Volatility Range: The 52-week low for TAC is $9.52 per share, with a high of $17.8754, and the latest trade price is $13.89, indicating stability within its price range that may affect investor buying decisions.
- ETF Holding Proportion: According to ETF Channel, TAC comprises 2.04% of the SPDR S&P Kensho Clean Power ETF (CNRG), which is up about 1.1% on the day, suggesting increased market interest in clean energy that could positively impact TAC's stock price.
- Intraday Trading Performance: On Friday, TransAlta Corp shares fell approximately 0.5%, reflecting short-term market sentiment fluctuations, prompting investors to monitor market dynamics for strategic adjustments.
See More
TransAlta Reports Strong Q1 Earnings Amid Leadership Changes
- Earnings Highlights: TransAlta reported Q1 adjusted EPS of C$0.60, significantly up from C$0.10 last year, indicating strong profitability growth despite a challenging pricing environment.
- Revenue and Cash Flow: While Q1 revenue was C$565M, down from C$758M a year ago, free cash flow remained robust at C$102M, demonstrating the company's resilience in cash management.
- Segment Performance: Adjusted EBITDA for hydro, wind, and solar fell to C$35M, C$95M, and C$93M respectively, reflecting market challenges, yet the company maintains its FY26 adjusted EBITDA outlook of C$950M to C$1.05B.
- Leadership Changes: Following Joel Hunter's transition from CFO to President and CEO, Mike Politeski and Grant Arnold were appointed as new CFO and Chief Commercial Officer on May 1 and May 6, 2026, respectively, indicating ongoing strategic adjustments and optimization within the company.
See More
TransAlta Scheduled to Announce Q1 Earnings on May 6
- Earnings Announcement Timing: TransAlta is set to release its Q1 2023 earnings report on May 6 before the market opens, with investors closely monitoring its performance to assess future profitability and market positioning.
- Market Expectations: The consensus EPS estimate for TransAlta stands at -$0.01, indicating a cautious market sentiment regarding the company's current financial health, which may impact investor confidence.
- Historical Performance Data: Historical earnings data for TransAlta will provide investors with crucial insights into the company's performance trends over recent quarters, enabling more informed investment decisions.
- Analyst Call Preparations: The company will also conduct a shareholder/analyst call, with prepared remarks aimed at providing deeper insights into its strategic direction and future outlook, thereby enhancing investor understanding of its operations.
See More
TransAlta Corporation Shareholder Meeting Resolutions
- Shareholder Participation: At the Annual Meeting held on April 30, 2026, a total of 188,939,751 common shares were represented by shareholders and proxies, achieving a participation rate of 63.55%, indicating strong shareholder engagement and interest in corporate governance.
- Director Election Results: All nine director nominees proposed by management were elected, with Brian Baker receiving 92.54% of the votes, reflecting shareholder confidence in the current management team and enhancing governance stability.
- Auditor Appointment: Ernst & Young LLP was approved as the auditor for 2026, receiving 99.19% support, which not only ensures financial transparency but also boosts investor confidence in the company's financial reporting.
- Compensation Policy Vote: The non-binding advisory vote on executive compensation was approved with 96.69% support, indicating shareholder approval of the company's compensation strategy, which helps align management incentives with company performance.
See More
TransAlta Declares Quarterly Dividend for Preferred Shares
- Quarterly Dividend Announcement: TransAlta Corporation has declared a quarterly dividend for various preferred shares, scheduled for payment on June 30, 2026, covering the period from March 31, 2026, indicating the company's stable cash flow and shareholder return strategy.
- Preferred Share Details: The dividend rates for the six series of preferred shares, including ATA.PR.D, TA.PR.E, TA.PR.F, TA.PR.G, TA.PR.H, and TA.PR.J, are set at 4.782%, 4.221%, 5.854%, 5.291%, 6.894%, and 6.773%, respectively, reflecting the company's attractiveness to investors and competitive positioning in the market.
- Payment Arrangement: All preferred share dividends are scheduled for payment on June 30, 2026, with provisions for payment to be made on the next business day if the date falls on a weekend or holiday, ensuring timely returns for investors.
- Company Background: TransAlta is one of Canada's largest publicly traded power generators with over 100 years of operational history, committed to delivering reliable electricity services, showcasing its leadership in the energy market and potential for sustained growth.
See More
TransAlta Appoints New CEO and CFO
- Executive Changes: TransAlta announced the appointment of current CFO Joel Hunter as the new President and CEO effective April 30, succeeding retiring President and CEO John Kousinioris, indicating a strategic shift in leadership.
- Financial Leadership Transition: To fill the vacancy left by Joel Hunter, the company appointed Mike Politeski as Chief Financial Officer and Executive Vice President effective May 1, bringing over 25 years of capital markets and financial strategy experience, which is expected to provide fresh financial insights.
- Commercial Function Enhancement: Grant Arnold has been appointed as Chief Commercial Officer and Executive Vice President effective May 6, aiming to strengthen the company's commercial strategy and enhance market competitiveness to ensure continued growth in the power sector.
- Market Reaction: In pre-market trading, TransAlta shares were priced at $12.62, down 0.32% on the New York Stock Exchange, reflecting a cautious market response to the executive changes, which may impact investor confidence.
See More
