Transalta Corp Stock Today
| TAC Stock | USD 10.53 0.11 1.06% |
PerformanceWeak
| Odds Of DistressBelow Average
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TransAlta Corp is trading at 10.53 as of the 17th of February 2025, a 1.06% increase since the beginning of the trading day. The stock's open price was 10.42. TransAlta Corp has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Note, on January 3, 2024, Senator Thomas R Carper of US Senate acquired under $15k worth of TransAlta Corp's common stock.
Business Domain Utilities | IPO Date 31st of July 2001 |
TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. The company was founded in 1909 and is headquartered in Calgary, Canada. Transalta Corp operates under UtilitiesIndependent Power Producers classification in the United States and is traded on New York Stock Exchange. The company has 298.5 M outstanding shares of which 8.35 M shares are at this time shorted by investors with about 4.27 days to cover. More on TransAlta Corp
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TransAlta Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Dawn Farrell | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Universal Copper Ltd, Tuong An Vegetable Oil JSC] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Independent Power and Renewable Electricity Producers, Utilities - Independent Power Producers, Utilities, NYSE Composite, Utilities, Independent Power and Renewable Electricity Producers, Utilities—Independent Power Producers, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsTransAlta Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TransAlta Corp's financial leverage. It provides some insight into what part of TransAlta Corp's total assets is financed by creditors.
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TransAlta Corp (TAC) is traded on New York Stock Exchange in USA. It is located in TransAlta Place, Calgary, AB, Canada, T2G 1B1 and employs 1,257 people. TransAlta Corp is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.14 B. TransAlta Corp runs under Independent Power and Renewable Electricity Producers sector within Utilities industry. The entity has 298.5 M outstanding shares of which 8.35 M shares are at this time shorted by investors with about 4.27 days to cover.
TransAlta Corp has about 1.13 B in cash with 1.46 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.32.
Check TransAlta Corp Probability Of Bankruptcy
Ownership AllocationTransAlta Corp shows a total of 298.5 Million outstanding shares. The majority of TransAlta Corp outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in TransAlta Corp to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in TransAlta Corp. Please pay attention to any change in the institutional holdings of TransAlta Corp as this could imply that something significant has changed or is about to change at the company. Please note that on January 3, 2024, Senator Thomas R Carper of US Senate acquired under $15k worth of TransAlta Corp's common stock.
Check TransAlta Ownership Details
TransAlta Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Artisan Partners Limited Partnership | 2024-12-31 | 4.7 M | |
| Fmr Inc | 2024-09-30 | 4.6 M | |
| Arrowstreet Capital Limited Partnership | 2024-09-30 | 4.6 M | |
| Td Asset Management Inc | 2024-12-31 | 3.4 M | |
| Federation Des Caisses Desjardins Du Quebec | 2024-09-30 | 2.7 M | |
| Yaupon Capital Management Lp | 2024-09-30 | 2.7 M | |
| Diameter Capital Partners Lp | 2024-09-30 | 2.5 M | |
| Potrero Capital Research, Llc | 2024-12-31 | 2.3 M | |
| Bank Of Nova Scotia | 2024-12-31 | 2.1 M | |
| Royal Bank Of Canada | 2024-09-30 | 41.8 M | |
| Brookfield Corp | 2024-09-30 | 35.5 M |
TransAlta Corp Historical Income Statement
TransAlta Stock Against Markets
TransAlta Corp Corporate Directors
| Alan Fohrer | Independent Director | Profile | |
| Sandra Sharman | Independent Director | Profile | |
| Yakout Mansour | Independent Director | Profile | |
| Bryan Pinney | Independent Director | Profile |
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Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TransAlta Corp. If investors know TransAlta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TransAlta Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Dividend Share 0.235 | Earnings Share 0.27 | Revenue Per Share | Quarterly Revenue Growth (0.37) |
The market value of TransAlta Corp is measured differently than its book value, which is the value of TransAlta that is recorded on the company's balance sheet. Investors also form their own opinion of TransAlta Corp's value that differs from its market value or its book value, called intrinsic value, which is TransAlta Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TransAlta Corp's market value can be influenced by many factors that don't directly affect TransAlta Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TransAlta Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if TransAlta Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TransAlta Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.