TSE:TA

Transalta Corp (TA.TO)

17.74
-0.25 (1.39%)
as of Aug 5, 2026, 8:00:00 pm Market Open.
237 watching
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Investor Insights
star iconAug 5, 2026, 12:00 am

This summary was created by AI, based on 13 opinions in the last 12 months.

Transalta Corp (TA-T) is receiving mixed reviews from analysts, highlighting its recent strategic acquisitions in Colorado and the potential for growth due to increased power demand, especially from data centres. While some experts praise its forward-looking growth at attractive valuation metrics compared to its peers, others caution about its relatively low dividend yield and market sentiment that currently favors tech over utilities. Concerns are raised regarding its performance relative to other utilities and its recent stock price performance, which some believe is influenced by investors' flight to AI-focused stocks. Ultimately, while the fundamentals appear solid with plans for expansion and EPS growth, many analysts suggest caution before entering positions until market dynamics stabilize.

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Consensus
Mixed
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Valuation
Fair Value
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CPX
HOLD
Problem has always been that it had a high dividend yield and was not hold enough back for expansion. It is pretty much of a sideways mover. It has been range bound since the financial crisis. IT is difficult to see this change until they upgrade coal fired power plants.
DON'T BUY
In is income now portfolio. Not expecting a lot of increase in dividends. Assets are reasonably mature. He sold half 6 months ago. He would not buy it now. He is just looking at yield.
DON'T BUY
Solid dividend player but doesn't necessarily have the growth opportunities that you would see in other sectors. Some of the midstream type companies have a little bit better growth than this one. Prefers others.
DON'T BUY
Not a huge fan of utilities here. Economy is reviving. This is the time to be in resource companies, tech companies, and energy companies. Trading closer to its value. 16 or 17x. This is not where the value is today.
BUY
Well worth holding because of its yield situation. Expect it will be solid for you. Boring.
COMMENT
(Market Call Minute.) Not a bad yield play. The spread of the cost of manufacturing electricity and what you sell it at is moving in their favour.
DON'T BUY
Stock has meandered sideways for the last couple of years. Very good dividend so if you're looking for a dividend play it’s a great play. If things are getting better in the world, as he expects, it probably won't perform as well on a relative basis.
TOP PICK
Stayed away for a very long term and then an interesting thing happened. Forecasts are making a U turn so he has recommended the stock. It is not exciting but it sure has heck has done better than the TSX itself and is looking for a nice bounce in the stock and a nice yield.
WEAK BUY
Good dividend yield. Company has struggled to get proper utilization of its capital. Has not been his favourite utility. Favours TRP, ENB and others. It has a base and Alberta is growing so he is less negative about it and previously.
DON'T BUY
Not certain that it has found its bottom yet. Have had some well-known problems over the last year or 2, which is pretty much discounted in the stock. Not sure what the catalyst is to move the price up again. Management has not delineated to investors’ satisfaction what they plan to do to improve the earnings profile.
HOLD
Utility that is pretty well managed. Good yield. Has pretty reasonable long-term growth. Nice stock to hold when the market is volatile.
DON'T BUY
Utilities do not have the volatility of pipelines. (He owns the bonds and is quite comfortable with it.) They want to maintain a 30% market share in Alberta but they always have to deal with shutdowns and expect there will be some next year. Have to spend a ton of CapX on their plants in 2012. Prefers others such as Enbridge (ENB-T).
COMMENT
Yield of 5.29%.New CEO. Assets are OK. Their problem is how they can grow. Alberta coal assets come off over the next 5-10 years. The assumption is that the will replace the coal assets with natural gas. No dividend increases for quite a while but they can maintain the current one.
BUY
Payout ratio is a little scary but they've held their dividend before and he thinks they will do it again.
DON'T BUY
Owns the bonds. Did break out but from a fundamental perspective it is s lifted because of the interest rates. They are closing down a power plant and that could be expensive. Not his favourite utility.
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