Q1 Earnings Estimate for TransAlta Issued By Atb Cap Markets

TransAlta Co. (NYSE:TAC) (TSE:TA) – Atb Cap Markets dropped their Q1 2025 earnings estimates for TransAlta in a research note issued to investors on Thursday, February 20th. Atb Cap Markets analyst N. Heywood now anticipates that the utilities provider will post earnings of $0.15 per share for the quarter, down from their prior estimate 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.

TAC has been the subject of a number of other research reports. Desjardins restated a “hold” rating on shares of TransAlta in a research report on Wednesday, November 6th. Cibc World Mkts raised shares of TransAlta from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 18th. CIBC raised shares of TransAlta from a “neutral” rating to an “outperformer” rating and cut their price objective for the company from $23.00 to $19.50 in a research report on Tuesday, February 18th. StockNews.com lowered shares of TransAlta from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. Finally, Scotiabank lowered shares of TransAlta from a “sector outperform” rating to a “sector perform” rating in a research report on Thursday, January 23rd. Three equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $19.50.

TransAlta Stock Performance

Shares of TAC opened at $10.63 on Monday. The company has a current ratio of 0.74, a quick ratio of 0.67 and a debt-to-equity ratio of 2.94. The stock has a market cap of $3.16 billion, a P/E ratio of 25.92 and a beta of 0.83. The company has a 50-day moving average of $12.59 and a two-hundred day moving average of $11.02. TransAlta has a 12-month low of $5.94 and a 12-month high of $14.64.

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

Hedge Funds Weigh In On TransAlta

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tobam acquired a new position in TransAlta during the fourth quarter worth approximately $46,000. Financial Management Professionals Inc. acquired a new position in TransAlta during the third quarter worth approximately $42,000. Quantbot Technologies LP acquired a new position in TransAlta during the third quarter worth approximately $61,000. Ballentine Partners LLC acquired a new position in TransAlta during the fourth quarter worth approximately $145,000. Finally, Orion Portfolio Solutions LLC acquired a new position in TransAlta during the fourth quarter worth approximately $147,000. Institutional investors and hedge funds own 59.00% of the company’s stock.

TransAlta Increases Dividend

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

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.