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Here's Why You Should Add TransAlta Stock to Your Portfolio Now
ZACKS· 2025-07-14 13:36
Core Viewpoint - TransAlta (TAC) is positioned as a leader in clean electricity, focusing on sustainable energy projects and customer-centered power solutions, making it a solid investment option in the utility sector [1] Growth Projections - The Zacks Consensus Estimate for 2025 earnings per share (EPS) remains unchanged at 35 cents, while the estimate for 2026 EPS has increased by 12% to 28 cents [2] Solvency - The times interest earned (TIE) ratio at the end of Q1 2025 is 1.3, indicating that TransAlta is well-positioned to meet its interest obligations [3] Dividend History - TransAlta has raised dividends 12 times in the past five years, with a current dividend yield of 1.65%, surpassing the Zacks S&P 500 Composite's average of 1.19% [4] Share Repurchase Program - The company has repurchased 1.9 million shares year to date at an average cost of $12.42 per share as part of its capital allocation strategy to enhance shareholder value [5] Growth Strategy - TransAlta aims to develop 1.75 gigawatts (GW) of incremental renewables capacity by the end of 2028, with a targeted investment of $3.5 billion, and plans to expand its development pipeline to 10 GW by 2028 [6] Stock Price Performance - Over the past three months, TransAlta's shares have increased by 32.5%, outperforming the industry's decline of 0.6% [7][8]
TransAlta to Host Second Quarter 2025 Results Conference Call
Globenewswire· 2025-07-03 20:58
Core Viewpoint - TransAlta Corporation is set to release its second quarter 2025 results on August 1, 2025, with a conference call scheduled for the same day to discuss the results with investors and analysts [1][2]. Group 1: Conference Call Details - The conference call will begin at 9:00 a.m. Mountain Time (11:00 a.m. ET) [1]. - Participants can access the call via a personalized PIN or receive an automated call directly to their phone after registering [2]. - A replay of the call will be available on TransAlta's website following the event [3]. Group 2: Company Overview - TransAlta operates a diverse fleet of electrical power generation assets across Canada, the U.S., and Australia, focusing on long-term shareholder value [4]. - The company is one of Canada's largest producers of wind power and the largest producer of thermal generation and hydro-electric power in Alberta [4]. - TransAlta has achieved a 70% reduction in GHG emissions, equating to 22.7 million tonnes CO2e since 2015, and has received an upgraded MSCI ESG rating of AA [4].
TransAlta Corporation Shares Upgraded To Buy On Two Major Tailwinds
Seeking Alpha· 2025-06-04 07:01
Core Insights - The article emphasizes the author's extensive experience in investment banking, particularly in equity research, corporate finance, and M&A within the Canadian electric utilities and infrastructure sectors [1] Group 1: Experience and Expertise - The author has over twenty years of experience in sell-side equity research, corporate and project finance, M&A, and valuations [1] - A decade was spent as an equity research analyst at global banks, including UniCredit Securities and HSBC Global Markets, achieving top ratings in surveys [1] - Prior to investment banking, the author worked for ten years in a Canadian corporate environment focusing on power projects and M&A [1] Group 2: Investment Philosophy - The author believes in actionable investment ideas and the importance of compelling narratives and clear arguments [1] - There is a focus on sharing insights and stories to contribute to a smarter and richer world [1]
TransAlta Reports First Quarter 2025 Results and Reaffirms Annual Guidance
Globenewswire· 2025-05-07 11:03
CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) today reported its financial results for the first quarter ended March 31, 2025. "Our business delivered strong operational performance across the fleet during the first quarter. While the Company's merchant portfolio in Alberta was partially impacted by softer power prices, our hedging strategy and active asset optimization continued to generate realized prices well above spot prices," ...
TransAlta (TAC) - 2025 Q1 - Quarterly Report
2025-05-07 11:01
TRANSALTA CORPORATION Management's Discussion and Analysis This Management's Discussion and Analysis (MD&A) contains forward-looking statements. These statements are based on certain estimates and assumptions and involve risks and uncertainties. Actual results may differ materially. Refer to the Forward-Looking Statements section of this MD&A for additional information. Table of Contents | M2 | Forward-Looking Statements | M38 | Financial Capital | | --- | --- | --- | --- | | M4 | Description of the Busines ...
TransAlta: Cratering Alberta Power Prices Offset By Option Premiums
Seeking Alpha· 2025-04-28 15:11
Take advantage of the currently offered discount on annual memberships and give CIP a try. The offer comes with a 11 month money guarantee , for first time members.Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options. Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields.Trapping Value provides Covered Calls, and Preferred Stoc ...
TransAlta Corporation Announces Results of the 2025 Annual and Special Meeting of Shareholders and Election of all Directors
Globenewswire· 2025-04-24 21:16
CALGARY, Alberta, April 24, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") held its Annual and Special Meeting of Shareholders (“the Meeting”) on April 24, 2025. The total number of common shares represented by shareholders at the Meeting and by proxy was 188,962,557, representing 63.43 per cent of the Company’s outstanding common shares. The following resolutions were considered by shareholders: Election of Directors The eleven director nominees proposed ...
TransAlta's Growth Story Has Holes And I'm Not Buying It
Seeking Alpha· 2025-02-21 15:48
TransAlta Corporation (NYSE: TAC ) is a Canadian company in the business of power generation and energy marketing. Its reach extends well beyond Canada, with operations also spread across the United States and Australia. It manages a wideThe mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid-cap companies, offering the See ...
TransAlta (TAC) - 2024 Q4 - Earnings Call Presentation
2025-02-20 21:06
1 Investor Presentation Forward-looking statements and non-IFRS measures This presentation includes "forward-looking information", within the meaning of applicable Canadian securities laws, and "forward-looking statements", within the meaning of applicable United States securities laws, including the United States Private Securities Litigation Reform Act of 1995 (collectively referred to herein as "forward-looking statements"). The forward-looking statements are provided for the purpose of presenting inform ...
TransAlta (TAC) - 2024 Q4 - Earnings Call Transcript
2025-02-20 21:02
TransAlta Corporation (NYSE:TAC) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Stephanie Paris - Vice President of Investor Relations and Corporate Strategy John Kousinioris - President and Chief Executive Officer Joel Hunter - Executive Vice President, Finance and Chief Financial Officer Blain van Melle - Executive Vice President, Commercial and Customer Relations Conference Call Participants Robert Hope - Scotiabank Mark Jarvi - CIBC Maurice Choy - RBC Capital Markets ...