Q1 Earnings Estimate for TransAlta Issued By Atb Cap Markets

TransAlta Co. (NYSE:TAC) (TSE:TA) – Stock analysts at Atb Cap Markets dropped their Q1 2025 earnings estimates for shares of TransAlta in a note issued to investors on Thursday, February 20th. Atb Cap Markets analyst N. Heywood now anticipates that the utilities provider will post earnings per share of $0.15 for the quarter, down from their previous forecast of $0.19. The consensus estimate for TransAlta’s current full-year earnings is $0.41 per share. Atb Cap Markets also issued estimates for TransAlta’s Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.41 EPS, Q1 2026 earnings at $0.12 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.12 EPS, Q4 2026 earnings at $0.11 EPS and FY2026 earnings at $0.37 EPS.

A number of other research analysts have also commented on TAC. CIBC upgraded shares of TransAlta from a “neutral” rating to an “outperformer” rating and dropped their price objective for the company from $23.00 to $19.50 in a research note on Tuesday, February 18th. Scotiabank lowered shares of TransAlta from a “sector outperform” rating to a “sector perform” rating in a research note on Thursday, January 23rd. StockNews.com lowered shares of TransAlta from a “buy” rating to a “hold” rating in a research note on Friday, February 21st. Cibc World Mkts upgraded shares of TransAlta from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. Finally, Desjardins restated a “hold” rating on shares of TransAlta in a research note on Wednesday, November 6th. Three investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.50.

TransAlta Price Performance

Shares of NYSE:TAC opened at $10.63 on Monday. The company’s fifty day moving average price is $12.59 and its 200 day moving average price is $11.02. TransAlta has a 12 month low of $5.94 and a 12 month high of $14.64. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.74 and a quick ratio of 0.67. The firm has a market capitalization of $3.16 billion, a P/E ratio of 25.92 and a beta of 0.83.

TransAlta (NYSE:TAC) (TSE:TA) last announced its quarterly earnings results on Thursday, February 20th. The utilities provider reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.28). TransAlta had a return on equity of 18.47% and a net margin of 6.38%. The company had revenue of $484.60 million for the quarter.

TransAlta Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Sunday, June 1st will be issued a $0.0458 dividend. This is an increase from TransAlta’s previous quarterly dividend of $0.04. The ex-dividend date is Friday, May 30th. This represents a $0.18 annualized dividend and a dividend yield of 1.72%. TransAlta’s payout ratio is presently 39.02%.

Institutional Trading of TransAlta

Hedge funds and other institutional investors have recently made changes to their positions in the company. Tobam purchased a new stake in shares of TransAlta in the fourth quarter valued at about $46,000. Financial Management Professionals Inc. purchased a new stake in shares of TransAlta in the third quarter valued at about $42,000. Quantbot Technologies LP purchased a new stake in shares of TransAlta in the third quarter valued at about $61,000. Ballentine Partners LLC purchased a new stake in shares of TransAlta in the fourth quarter valued at about $145,000. Finally, Orion Portfolio Solutions LLC purchased a new stake in TransAlta during the fourth quarter worth about $147,000. Hedge funds and other institutional investors own 59.00% of the company’s stock.

About TransAlta

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) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario.