TransAlta (TSE:TA)

Affiliate Disclosure

With a century’s old history in the power industry, TransAlta is one of the largest publicly traded power generators in Canada. It also engages in the wholesale trading of electricity and other energy-related commodities and derivatives.

The company has $3 billion in annual revenue and more than $9 billion in assets. TransAlta’s operations are diversified with more than 70 facilities spanning across three countries - Canada, the U.S., and Australia which are also its core markets.

TransAlta’s portfolio of assets with more than 8,200 MW capacity are highly contracted and geographically diversified. TransAlta operates through generation and energy marketing segments. Its generation segments are Canadian Coal, US Coal, Canadian Gas, Australian Gas, Wind and Solar, and Hydro.

TransAlta Stock Details

  • Ticker: tse:ta
  • Sector: Utilities
  • Industry: Utilities - Independent Power Producers
  • Market Cap: 3.43B
  • Market Cap Group: Mid Cap
  • P/E: 5.16
  • Dividend Yield: 1.99%

TA Industry Competitors

The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.

Ticker Ticker Company Market Cap P/E Yield Aristocrat Graph SectorID IndustryID
CPX TSE:CPX Capital Power Corporation 4.28 8.28 6.75 YES 1 12 105
TA TSE:TA TransAlta 3.43 5.16 1.99 NO 1 12 105

Top Picks by Bay Street Experts

Expert stock analysts have shared their opinions, and sometimes prediction, on the company.

For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.

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TransAlta - FAQ

What is the stock ticker for TransAlta?

The stock ticker for TransAlta is TSE:ta.

Is TransAlta a good stock to buy?

You need to consider your investment strategy and how TSE:ta can fit in your portfolio.

The current dividend income score of 4/10 and dividend growth score of 2/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.

Is TransAlta a Buy, Sell or Hold?

The Dividend Snapshot Opportunity Score of 37 out of 100.

The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.

A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.

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