TSE:TA

Transalta Corp (TA.TO)

17.69
-0.31 (1.72%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
237 watching
0
Investor Insights
star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 11 opinions in the last 12 months.

Transalta Corp (TA-T) has garnered mixed opinions from analysts regarding its investment potential. While some experts view the company's strategic asset acquisitions positively, recognizing potential growth driven by the increasing demand for energy, particularly from data centers in Alberta, others express concerns about the stock's current valuation amid changing market dynamics favoring growth stocks. The company's dividend yield is deemed low, raising questions for income-focused investors, and its history of dividend cuts has left some hesitant. Yet, there is optimism regarding its reasonable PE ratio and expected EPS growth of 50-60% over the next couple of years, suggesting potential upside. Nonetheless, competitive pressures from AI-driven innovations and market preferences remain critical considerations for the future performance of Transalta Corp.

consensus icon
Consensus
Cautious
valuation icon
Valuation
Fair Value
review icon
Similar
Fortis,FTS
BUY
Owns for yield, doesn’t expect a lot of upside. Ha run up due to takeover, which didn’t happen. No big dividend yield increase, but slow and steady. God if you want some yield.
PAST TOP PICK
(Top Pick Nov 17/09, Up 14% total Return) 6.4% 11/18/2019. Solid utility, still owns it.
DON'T BUY
Investors felt dividends had been too high and not sustainable. Did not increase dividends and earnings grew sufficiently to cover it. Probably not dividend investors’ first choice because payout ratio is pretty high and business doesn't have much growth. 5% yield is relatively safe for the moment.
BUY
Good utility. Likes the yield. Reasonably well run. A proxy for bonds for people that want yield in their portfolios.
PAST TOP PICK
(A Top Pick Aug 4/09. Up 9%.) Sold this to get into Emera (EMA-T). (See Top Picks.)
COMMENT
Has been a steady Eddie. Hs preference has been Trans Canada (TRP-) or Enbridge (E#NB-T) because of scale, nature of the assets and the debt structure. These 2 are probably better choices for growth.
PAST TOP PICK
(A Top Pick Aug 4/09. Basically flat excluding dividends.) Focused to the business cycle as opposed to a regulated utility. Rotated out of this into Emera (EMA-T). See Top Picks.
BUY
This is a stock that you like to have as a core stock in portfolios, particularly where you are interested in a steady flow of income. A utility so won't go racing up. Dividend is quite safe.
PAST TOP PICK
(A Top Pick Aug 4/09. No change.) Switch this to Emera (EMA-T). (See Top Picks.
TOP PICK
6.4% 2019 5.95%, slightly less yielding but more traction because of slightly longer term. Good cash generator. Company doing very well. Keep an eye on cap X.
TOP PICK
It has technically been a bit of a disaster for a while. This is a company that shows itself willing to hang in on the dividend. Biggest risk is the Canadian Economy.
BUY
Not a core holding. Good dividend, but no likely they can increase it a lot. Would not expect to get a lot out of it. 8 or 9% guaranteed just based on their rate base.
DON'T BUY
Doesn’t see a lot of earnings growth over the next couple of years. Earnings have been depressed because power prices in Alberta have been depressed. Very attractive yield at 5.6%. She prefers other utility stocks.
BUY
Energy producer with coal power being their major source. Should earn in the area of $1.25 this year and possibly $1.40 next. Very healthy dividend of over 5% giving a double-digit return. Decent entry point.
HOLD
Operates an electricity generating unit, primarily in Alberta and dispatches its units when it can do so at a profit. Power prices in Alberta have been low. Expect this stock will trade sideways for the next 12 months.
Showing 331 to 345 of 623 entries