TSE:TA

Transalta Corp (TA.TO)

19.59
+0.12 (0.62%)
as of Jun 25, 2026, 8:00:00 pm Market Open.
238 watching
0
Investor Insights
star iconJun 25, 2026, 12:00 am

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

Transalta Corp (TA-T) has recently been navigating the complexities of the utility market, reflecting mixed sentiments from experts. Some see opportunities in its strategic acquisitions and growth prospects, particularly in the context of rising power demand due to data centers, especially in Alberta. However, concerns arise regarding its low dividend yield of approximately 1.6%, and its stock price trading below the issue price after recent financing efforts. Experts note the utility's underperformance can be attributed to broader market trends favoring high-growth AI stocks at the expense of traditional utilities. While there are points for optimism, particularly with expected earnings growth and beneficial market conditions, many advise caution and recommend monitoring pending developments before making any investment decisions.

consensus icon
Consensus
Cautious
valuation icon
Valuation
Fair Value
review icon
Similar
Fortis,FTS
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.
Showing 301 to 315 of 626 entries