TSE:TA

Transalta Corp (TA.TO)

19.55
-0.04 (0.20%)
as of Jun 26, 2026, 4:17:03 pm Market Open.
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Investor Insights
star iconJun 26, 2026, 12:00 am

This summary was created by AI, based on 14 opinions in the last 12 months.

Transalta Corp (TA-T) has garnered attention as an attractive investment opportunity within the energy sector, with many experts highlighting its strategic acquisitions in Colorado and potential for long-term growth. Despite some concerns regarding its low dividend yield and trading below issue price, analysts appreciate its positioning in the growing demand for power, particularly from data centers and infrastructure projects in Alberta. The company has been recognized for its solid asset purchases, although there is some skepticism about the sustainability of perceived high growth rates, especially given the evolving nature of energy consumption influenced by innovation. Overall, while the company faces market challenges tied to interest rates and the defensive nature of utilities, the general sentiment leans towards cautious optimism about Transalta's future.

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Consensus
Positive
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Valuation
Undervalued
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Similar
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TOP PICK
Had a major bottom in early 2009 with a little bit of a rising bottom. It is almost a V extended bottom. In a major trading range and has just broken out. About a 6% dividend.
DON'T BUY
Warm to the utilities. He owns man others. He didn’t think management was as good as others, nor some of the assets. He prefers a clean utility, assets that are not economically sensitive and dividends that rise.
TOP PICK
Likes it because it bounced from where it was in a trading range. Excellent risk to reward. The company has guided higher. Fantastic yield.
DON'T BUY
Most of their power plants are based on coal. Coal power plants are being phased out across Canada. They’ll have to look for other sources.
DON'T BUY
Has been paying out a lot of its earnings and in some cases has paid out more. Hasn’t recovered from its big fall in 2008 because there isn’t much possibility of dividend growth. If you are going to choose a utility, this wouldn’t be most people’s choice.
TOP PICK
Stock is cheap compared to its own long-term record. Has a nice dividend. Earnings forecasts are starting to turn back up again. There is support from analysts, markets.
BUY
Owns it in Income Now portfolio. Good dividend payer. Coverage of dividend is solid. Not a lot of potential for growth in dividend, however.
TOP PICK
6.4% bond maturing Nov18/19. Investment grade. Gives you 2% above government of Canada bonds.
BUY
Chart shows long-term resistance. Has gone back to the bottom of its trading range. That is the time you want to buy. You won't get a large capital gains but if looking for a consistent yield with relatively low risk, this is a good investment.
HOLD
Model $17.90, 14% negative differential. Dividend $1.15, with earnings estimate of $1.16. Next year is $1.24. 5.5% yield. Investors are there for the yield. If interest rates spike, these stocks are vulnerable.
PAST TOP PICK
(A Top Pick June 4/10. Up 10.7%.) This was bought strictly for the dividends. Doesn’t expect a huge amount of capital appreciation. Will buy when it gets close to the $20 range and trade out when it gets close to $24.
COMMENT
Chart is flat. In a trading range and there is no particular reason to believe it is going to go above or below its range. The key is that it is a nice high yielding security. You own this for yield, not capital gains.
HOLD
Would not expect dividend increase for the next couple of years. Are paying out pretty much as much as they can – all of the earnings and some cash flow. They can maintain it, however. Decent yield.
DON'T BUY
Has this decrepit coal fired plant that needs to be turned around. He prefers Moore Capital Power. Prices are so suppressed right now, if they go up, TA will benefit.
COMMENT
Good management but not great. Has under performed. Had an earnings miss last quarter. Also had some issues with Alberta power plants. Prefers it on the debt side through bonds. Consider Enbridge (ENB-T) or Atco (ACO.X-T) instead.
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