In last trading session, Transalta Corp (NYSE:TAC) saw 0.82 million shares changing hands with its beta currently measuring 0.70. Company’s recent per share price level of $9.11 trading at $0.01 or 0.11% at ring of the bell on the day assigns it a market valuation of $2.71B. That closing price of TAC’s stock is at a discount of -60.7% from its 52-week high price of $14.64 and is indicating a premium of 25.58% from its 52-week low price of $6.78. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.19 million shares which gives us an average trading volume of 1.53 million if we extend that period to 3-months.
For Transalta Corp (TAC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.1 in the current quarter.
Transalta Corp (NYSE:TAC) trade information
Upright in the green during last session for gaining 0.11%, in the last five days TAC remained trading in the green while hitting it’s week-highest on Tuesday, 05/13/25 when the stock touched $9.11 price level, adding 1.19% to its value on the day. Transalta Corp’s shares saw a change of -35.62% in year-to-date performance and have moved 5.20% in past 5-day. Transalta Corp (NYSE:TAC) showed a performance of 5.07% in past 30-days. Number of shares sold short was 11.23 million shares which calculate 9.95 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 16 to the stock, which implies a rise of 43.06% to its current value. Analysts have been projecting 16 as a low price target for the stock while placing it at a high target of 16. It follows that stock’s current price would drop -75.63% in reaching the projected high whereas dropping to the targeted low would mean a loss of -75.63% for stock’s current value.
Transalta Corp (TAC) estimates and forecasts
This year revenue growth is estimated to fall -5.62% from the last financial year’s standing.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 25.30% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -18.60% while estimates for its earnings growth in next 5 years are of -7.63%.
TAC Dividends
Transalta Corp is more likely to be releasing its next quarterly report on 2025-May-06 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.90%, the share has a forward dividend of 0.17 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.74%.
Transalta Corp (NYSE:TAC)’s Major holders
Insiders are in possession of 0.27% of company’s total shares while institution are holding 81.30 percent of that, with stock having share float percentage of 81.52%. Investors also watch the number of corporate investors in a company very closely, which is 81.30% institutions for Transalta Corp that are currently holding shares of the company. ROYAL BANK OF CANADA is the top institutional holder at TAC for having 47.92 million shares of worth $339.28 million. And as of 2024-06-30, it was holding 15.8153 of the company’s outstanding shares.
The second largest institutional holder is BROOKFIELD CORP /ON/, which was holding about 35.51 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.7196 of outstanding shares, having a total worth of $251.88 million.
On the other hand, Fidelity School Street Trust-Fidelity Advisor Multi-Asset Income Fund and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 4.11 shares of worth $37.48 million or 1.39% of the total outstanding shares. The later fund manager was in possession of 3.72 shares on Jan 31, 2025 , making its stake of worth around $33.93 million in the company or a holder of 1.26% of company’s stock.
