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TransAlta Corporation (TAC)

Utilities | Utilities - Independent Power Producers | Calgary, Canada | NYSE
12.66 USD -0.84 (-6.222%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 12.71 +0.05 (0.395%) ⇧ (April 17, 2026, 8 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★☆☆
Hot Take | April 11, 2026, 1:22 p.m. EDT

TransAlta Corporation (TAC) is showing a mixed outlook. The recent price movement has been relatively stable, with a slight upward trend, and the stock is trading above its 50-day moving average. The dividend yield is moderate, and there is a consistent dividend payment history, which is positive for income-focused investors. However, the company's fundamentals are weak, with negative profit margins and a high debt-to-equity ratio, which could pose risks in the long term. The short-term forecast suggests a small positive price movement, but the long-term outlook is bearish due to the financial risks and lack of strong growth indicators. Investors should consider the stock as a moderate buy for short-term opportunities but be cautious about long-term commitments.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.043329
AutoETS0.044881
AutoARIMA0.049283
AutoTheta0.065553

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 80%
H-stat 0.49
Ljung-Box p 0.000
Jarque-Bera p 0.430
Excess Kurtosis -0.61
Attribute Value
Sector Utilities
Ex Dividend Date 2026-05-31
Last Dividend Date 2026-02-26
Debt to Equity Ratio 296.451
Revenue per Share 8.098
Market Cap 3,757,938,944
Forward P/E 30.77
Beta 0.46
Profit Margins -5.74%
Website https://www.transalta.com

As of April 11, 2026, 1:22 p.m. EDT: Options activity indicates a mixed sentiment. There is a concentration of open interest and volume around the ATM strike price of $14.0, suggesting some traders are hedging or anticipating price stability. However, there are also signs of speculation with higher open interest and implied volatility on the upside strikes, which might indicate bullish sentiment. On the put side, there is limited activity, with some interest in the lower strikes, suggesting a small bearish bias. Overall, the options market appears to be cautiously optimistic with a focus on the current price level.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.35% 1.22% 1.74% 1.73%
Dividend History
Date Dividend Yield %
2026-02-27 0.048 0.349345
2025-08-29 0.047 0.383527
2025-05-30 0.047 0.485146
2025-02-28 0.042 0.411207
2024-11-29 0.043 0.388202
2024-08-30 0.044 0.510252
2024-05-31 0.044 0.626750
2024-02-29 0.044 0.660900
2023-11-30 0.040 0.509702
2023-08-31 0.041 0.446208
2023-05-31 0.040 0.435349
2023-02-28 0.041 0.533381
2022-11-30 0.041 0.463814
2022-08-31 0.038 0.430451
2022-05-31 0.040 0.374668
2022-02-28 0.039 0.410554
2021-11-30 0.039 0.412161
2021-08-31 0.036 0.396317
2021-06-01 0.037 0.429408
2021-02-26 0.036 0.450420
2020-11-30 0.033 0.519842
2020-08-31 0.032 0.545040
2020-05-29 0.031 0.585126
2020-02-28 0.032 0.474099
2019-11-29 0.030 0.495306
2019-08-30 0.030 0.520711
2019-05-31 0.030 0.509679
2019-02-28 0.030 0.555791
2018-11-30 0.030 0.633327
2018-05-31 0.031 0.693029
2018-02-28 0.031 0.640621
2017-11-30 0.031 0.596094
2017-08-30 0.032 0.608405
2017-05-30 0.030 0.624583
2017-02-27 0.031 0.672879
2016-11-29 0.030 0.654899
2016-08-30 0.031 0.831307
2016-05-31 0.031 0.770853
2016-02-26 0.030 0.824597
2015-11-27 0.135 3.896784
2015-08-28 0.136 3.254174
2015-05-28 0.145 2.136538
2015-02-26 0.145 2.025686
2014-08-27 0.164 1.873881
2014-05-28 0.166 1.854821
2014-02-28 0.162 1.912916
2013-11-26 0.275 2.784038
2013-08-28 0.277 3.048646
2013-05-29 0.279 2.761100
2013-02-27 0.288 2.763763
2012-11-28 0.292 2.895389
2012-08-29 0.293 2.864142
2012-05-30 0.283 2.716602
2012-02-28 0.289 2.173966
2011-11-29 0.281 2.134918
2011-08-30 0.294 2.124524
2011-05-27 0.296 2.194796
2011-02-25 0.295 2.356518
2010-11-29 0.298 2.429601
2010-08-30 0.274 2.359619
2010-05-27 0.272 2.391326
2010-02-25 0.274 2.280496
2009-11-27 0.277 2.409678
2009-08-28 0.264 2.430200
2009-05-28 0.261 2.650863
2009-02-25 0.232 2.618760
2008-11-26 0.217 2.287911
2008-08-27 0.256 1.375617
2008-05-28 0.272 1.459403
2008-02-27 0.267 1.442331
2007-11-28 0.253 1.512051
2007-08-29 0.238 1.669041
2007-05-30 0.232 1.755804
2007-02-27 0.216 2.076048
2006-11-29 0.222 2.035458
2006-08-30 0.225 2.098769
2006-05-30 0.223 2.137658
2006-02-27 0.217 2.129268
2005-11-29 0.214 2.101800
2005-08-30 0.209 2.433940
2005-05-27 0.250 3.365926
2005-02-25 0.203 3.032154
2004-11-29 0.250 3.688945
2004-08-30 0.190 3.584273
2004-05-27 0.250 4.583430
2004-02-26 0.250 4.421474
2003-11-26 0.250 4.152655
2003-08-27 0.250 4.417822
2003-05-28 0.250 4.579011
2003-02-26 0.250 5.626635
2002-11-26 0.250 5.730442
2002-08-28 0.250 5.177893
2002-05-29 0.250 4.589213
2002-02-27 0.157 3.121696
2001-11-28 0.250 4.670557
2001-08-29 0.250 4.353809
Additional Data
dividendRate 0.2
dividendYield 1.62
exDividendDate 2026-06-01
trailingAnnualDividendRate 0.26
trailingAnnualDividendYield 0.01925926
lastDividendValue 0.048
lastDividendDate 2026-02-27
dividendDate 2026-07-01

Info Dump

Attribute Value
52 Week Change 0.6014235
Address1 TransAlta Place
Address2 Suite 1400 1100 1st Street SE
All Time High 37.84
All Time Low 2.54
Ask 12.79
Ask Size 500
Audit Risk 4
Average Analyst Rating 1.8 - Buy
Average Daily Volume10 Day 893,880
Average Daily Volume3 Month 1,567,711
Average Volume 1,567,711
Average Volume10Days 893,880
Beta 0.462
Bid 12.65
Bid Size 1,800
Board Risk 6
Book Value 1.1075526
City Calgary
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 12.66
Current Ratio 0.73
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 13.4
Day Low 12.65
Debt To Equity 296.451
Display Name TransAlta
Dividend Date 1,782,864,000
Dividend Rate 0.2
Dividend Yield 1.62
Earnings Call Timestamp End 1,778,079,600
Earnings Call Timestamp Start 1,778,079,600
Earnings Timestamp 1,778,070,600
Earnings Timestamp End 1,778,070,600
Earnings Timestamp Start 1,778,070,600
Ebitda 820,000,000
Ebitda Margins 0.34096
Enterprise To Ebitda 10.858
Enterprise To Revenue 3.702
Enterprise Value 8,903,487,488
Eps Current Year 0.2425
Eps Forward 0.411433
Eps Trailing Twelve Months -0.47
Esg Populated 0
Ex Dividend Date 1,780,272,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 13.1158
Fifty Day Average Change -0.45580006
Fifty Day Average Change Percent -0.03475198
Fifty Two Week Change Percent 60.14235
Fifty Two Week High 17.88
Fifty Two Week High Change -5.2199993
Fifty Two Week High Change Percent -0.2919463
Fifty Two Week Low 8.34
Fifty Two Week Low Change 4.3199997
Fifty Two Week Low Change Percent 0.5179856
Fifty Two Week Range 8.34 - 17.88
Financial Currency CAD
First Trade Date Milliseconds 996,586,200,000
Five Year Avg Dividend Yield 1.67
Float Shares 244,441,512
Forward Eps 0.411433
Forward P E 30.7705
Free Cashflow 287,124,992
Full Exchange Name NYSE
Full Time Employees 1,350
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.31435
Gross Profits 756,000,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00253
Held Percent Institutions 0.79584
Implied Shares Outstanding 296,835,628
Industry Utilities - Independent Power Producers
Industry Disp Utilities - Independent Power Producers
Industry Key utilities-independent-power-producers
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,772,150,400
Last Dividend Value 0.048
Last Fiscal Year End 1,767,139,200
Long Business Summary TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) located in Alberta and Canada. The Wind and Solar segment has a net ownership interest of approximately 2,587 MW located in Alberta, Canada, the Unites States, and Western Australia, as well as battery storage facilities. The Gas segment has a net ownership interest of approximately 4834 MW located in Alberta, Canada, the Unites States, and Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW located in the United States, as well as operates the Skookumchuck hydro facility in Centralia. The Energy Marketing segment is involved in the trading of electricity, natural gas, and environmental products. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.
Long Name TransAlta Corporation
Market us_market
Market Cap 3,757,938,944
Market State CLOSED
Max Age 86,400
Message Board Id finmb_878219
Most Recent Quarter 1,767,139,200
Net Income To Common -190,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,760,463,536
Number Of Analyst Opinions 2
Open 13.5
Operating Cashflow 646,000,000
Operating Margins 0.11686
Overall Risk 4
Payout Ratio 12.0
Peg Ratio 6.98
Phone 403 267 7110
Post Market Change 0.05000019
Post Market Change Percent 0.39494622
Post Market Price 12.71
Post Market Time 1,776,470,400
Previous Close 13.5
Price Eps Current Year 52.206184
Price Hint 2
Price To Book 11.430608
Price To Sales Trailing12 Months 1.5625526
Profit Margins -0.05738
Quick Ratio 0.443
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.81818
Region US
Regular Market Change -0.84
Regular Market Change Percent -6.22222
Regular Market Day High 13.4
Regular Market Day Low 12.65
Regular Market Day Range 12.65 - 13.4
Regular Market Open 13.5
Regular Market Previous Close 13.5
Regular Market Price 12.66
Regular Market Time 1,776,456,002
Regular Market Volume 1,774,826
Return On Assets 0.01487
Return On Equity -0.09553
Revenue Growth -0.117
Revenue Per Share 8.098
Sand P52 Week Change 0.36506534
Sector Utilities
Sector Disp Utilities
Sector Key utilities
Share Holder Rights Risk 8
Shares Outstanding 296,800,000
Shares Percent Shares Out 0.018
Shares Short 5,352,045
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 6,515,005
Short Name TransAlta Corporation
Short Percent Of Float 0.018099999
Short Ratio 3.39
Source Interval 15
State AB
Symbol TAC
Target High Price 16.796904
Target Low Price 10.241729
Target Mean Price 13.519316
Target Median Price 13.519316
Total Cash 205,000,000
Total Cash Per Share 0.691
Total Debt 4,343,000,064
Total Revenue 2,404,999,936
Tradeable 0
Trailing Annual Dividend Rate 0.26
Trailing Annual Dividend Yield 0.01925926
Trailing Eps -0.47
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 13.3926
Two Hundred Day Average Change -0.7326002
Two Hundred Day Average Change Percent -0.054701865
Type Disp Equity
Volume 1,774,826
Website https://www.transalta.com
Zip T2G 1B1