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TAC Overview

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ET
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ET
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Intellectia

Loading chart...

High
12.600
Open
12.600
VWAP
12.41
Vol
740.52K
Mkt Cap
3.78B
Low
12.110
Amount
9.19M
EV/EBITDA(TTM)
25.12
Total Shares
296.80M
EV
10.13B
EV/OCF(TTM)
15.67
P/S(TTM)
2.48
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.
Show More

Events Timeline

(ET)
2026-02-27
07:20:00
2026 Outlook: Adjusted EBITDA of C$950M to C$1,050M
select
2026-02-27
07:20:00
TransAlta Signs MOU with CPP Investment Board to Advance Data Centre Development
select
2026-02-27
07:10:00
Announces Annual Dividend Increase of 8% to $0.28 per Share
select
2026-02-27
07:10:00
TransAlta Reports Q4 Revenue of C$599M, Announces 8% Dividend Increase
select
2025-12-17 (ET)
2025-12-17
07:10:00
TransAlta Receives DOE Order for Centralia Plant Operation Until March 2026
select
2025-12-09 (ET)
2025-12-09
07:30:00
TransAlta Signs Long-Term Agreement with Puget Sound Energy
select
2025-11-17 (ET)
2025-11-17
06:37:55
TransAlta Purchases 310 MW Power Portfolio from Hut 8
select
2025-11-17
06:32:38
Hut 8 transfers 310-megawatt power portfolio to TransAlta
select

News

seekingalpha
7.5
02-27seekingalpha
TransAlta Partners with Pension Fund for Data Center Development
  • Partnership Agreement: TransAlta has signed an exclusive agreement with the Canada Pension Plan Investment Board and Brookfield to serve as the power provider for a planned data center in Alberta, which is expected to enhance the company's positioning in emerging markets.
  • Power Purchase Agreement: The MoU establishes a framework for phased development at the Keephills site, including an initial long-term power purchase agreement for approximately 230 MW, with potential expansion opportunities totaling up to 1 GW of load, indicating significant growth potential in renewable energy.
  • Financial Performance Fluctuations: Although TransAlta reported a Q4 adjusted loss of C$0.06 per share, down from an adjusted profit of C$0.01 per share in the same quarter last year, the company raised its quarterly dividend to C$0.07, reflecting confidence in future cash flows.
  • Revenue Decline Impact: The Q4 attributable loss slightly decreased to C$62 million, or C$0.21 per share, compared to a loss of C$65 million, or C$0.22 per share, in the prior year, but revenue fell 11% year-over-year to C$599 million, highlighting pressures from increased market competition.
Newsfilter
1.0
02-27Newsfilter
TransAlta Corporation Announces Investor Day in Toronto
  • Investor Day Announcement: TransAlta Corporation will hold its Investor Day on March 23, 2026, in Toronto, starting at 9:00 a.m., aimed at providing investors with a comprehensive overview of the company's strategic priorities and long-term plans, which is expected to attract significant investor interest.
  • Hybrid Format: The event will be hosted in a hybrid format, allowing investors to attend in person or via live webcast, reflecting the company's commitment to meeting investor needs while providing convenience for those unable to attend in person.
  • Financial Outlook Presentation: During the Investor Day, TransAlta will share its financial outlook and growth opportunities, which is anticipated to provide investors with valuable market insights and a better understanding of the company's future direction.
  • Recording Availability: For those unable to attend live, TransAlta will make a recording of the event and the corresponding presentation available, ensuring that all investors can access important information and enhancing communication between the company and its investors.
Newsfilter
9.5
02-27Newsfilter
TransAlta Reports Strong 2025 Financial Results Amid Challenges
  • Strong Financial Performance: TransAlta reported a free cash flow of CAD 514 million (CAD 1.73 per share) for 2025, demonstrating resilience despite softer Alberta power prices, which enhances investor confidence in the company's financial stability.
  • Dividend Increase: The Board approved an 8% increase in the common share dividend to CAD 0.28 per share, marking the seventh consecutive year of dividend growth, reflecting the company's commitment to shareholder returns and confidence in future prospects.
  • Strategic Acquisition: On February 2, 2026, TransAlta completed the acquisition of Far North Power Corporation for CAD 95 million, adding 310 MW of capacity and strengthening its market position in Ontario, which is crucial for future growth.
  • Future Outlook: The company expects adjusted EBITDA for 2026 to range between CAD 950 million and CAD 1.05 billion, with free cash flow projected between CAD 350 million and CAD 450 million, indicating optimism about future demand growth in the energy sector.
Newsfilter
7.5
02-27Newsfilter
TransAlta Signs MOU with CPP Investments and Brookfield for Data Centre Development
  • Strategic Partnership: TransAlta has signed a Memorandum of Understanding with CPP Investments and Brookfield to advance data centre development in Alberta, positioning TransAlta as the exclusive site and power provider, which highlights its strategic focus on digital infrastructure.
  • Power Purchase Agreement: The MOU includes an initial long-term power purchase agreement for approximately 230 MW, which is expected to robustly support Alberta's digital infrastructure, further solidifying TransAlta's position in the energy market.
  • Future Development Potential: The agreement also evaluates additional development opportunities that could aggregate up to 1 GW of load, indicating TransAlta's proactive planning and adaptability to meet future energy demands.
  • Infrastructure Investment: The Keephills site leverages TransAlta's large zoned land, existing transmission, and natural gas infrastructure, showcasing its capability in delivering complex projects, which is anticipated to attract further investment to drive economic growth in Alberta.
seekingalpha
9.5
02-27seekingalpha
TransAlta Releases Q4 Earnings and 2026 Outlook
  • Earnings Overview: TransAlta reported a Q4 Non-GAAP EPS of -C$0.06 with revenues of C$599M, reflecting an 11.7% year-over-year decline, indicating challenges faced in the current market environment.
  • Future Outlook: The company provided a 2026 outlook, projecting adjusted EBITDA between C$950M and C$1,050M, alongside free cash flow expectations of C$350M to C$450M, demonstrating confidence in future profitability.
  • Per Share Projections: The anticipated free cash flow translates to a per-share estimate of C$1.18 to C$1.51, suggesting potential for substantial shareholder returns in the coming years.
  • Market Reaction: Despite the current financial struggles, the company's optimistic outlook may alleviate some investor concerns, particularly in the context of the ongoing energy transition.
Benzinga
9.5
02-27Benzinga
TransAlta to Report Q4 Earnings on Feb 27
  • Earnings Release Date: TransAlta Corporation is set to release its fourth-quarter earnings before the market opens on February 27, with analysts anticipating earnings of 5 cents per share, indicating a stable financial outlook for the company.
  • Previous Performance Review: On November 6, TransAlta reported an adjusted loss of 2 cents per share for the third quarter, highlighting challenges in profitability that could impact investor confidence moving forward.
  • Stock Price Movement: As of Thursday, TransAlta's shares rose by 1.3% to close at $13.03, suggesting a cautiously optimistic market sentiment regarding the upcoming earnings report, potentially reflecting investor expectations for future performance.
  • Analyst Ratings: Recent analyst ratings from Benzinga indicate a diverse outlook on TransAlta, with investors encouraged to access Benzinga's Analyst Stock Ratings page for more insights to inform their investment decisions.
Wall Street analysts forecast TAC stock price to rise
7 Analyst Rating
Wall Street analysts forecast TAC stock price to rise
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
12.96
Averages
17.38
High
19.44
Current: 0.000
sliders
Low
12.96
Averages
17.38
High
19.44
Desjardins
Hold
downgrade
$19 -> $18
AI Analysis
2026-02-10
Reason
Desjardins
Price Target
$19 -> $18
AI Analysis
2026-02-10
downgrade
Hold
Reason
Desjardins lowered the firm's price target on TransAlta to C$18 from C$19 and keeps a Hold rating on the shares.
TD Securities
John Mould
Buy
maintain
$26 -> $27
2025-12-10
Reason
TD Securities
John Mould
Price Target
$26 -> $27
2025-12-10
maintain
Buy
Reason
TD Securities analyst John Mould raised the firm's price target on TransAlta to C$27 from C$26 and keeps a Buy rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for TAC
Unlock Now

Valuation Metrics

The current forward P/E ratio for TransAlta Corp (TAC.N) is 97.87, compared to its 5-year average forward P/E of -6.36. For a more detailed relative valuation and DCF analysis to assess TransAlta Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-6.36
Current PE
97.87
Overvalued PE
130.28
Undervalued PE
-143.00

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
7.07
Current EV/EBITDA
9.81
Overvalued EV/EBITDA
8.44
Undervalued EV/EBITDA
5.71

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.55
Current PS
2.34
Overvalued PS
2.01
Undervalued PS
1.09

Financials

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Frequently Asked Questions

What is TransAlta Corp (TAC) stock price today?

The current price of TAC is 12.515 USD — it has decreased -1.61

What is TransAlta Corp (TAC)'s business?

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.

What is the price predicton of TAC Stock?

Wall Street analysts forecast TAC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TAC is17.38 USD with a low forecast of 12.96 USD and a high forecast of 19.44 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is TransAlta Corp (TAC)'s revenue for the last quarter?

TransAlta Corp revenue for the last quarter amounts to 542.00M USD, increased 2.26

What is TransAlta Corp (TAC)'s earnings per share (EPS) for the last quarter?

TransAlta Corp. EPS for the last quarter amounts to -0.21 USD, decreased -4.55

How many employees does TransAlta Corp (TAC). have?

TransAlta Corp (TAC) has 1350 emplpoyees as of March 09 2026.

What is TransAlta Corp (TAC) market cap?

Today TAC has the market capitalization of 3.78B USD.