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
DON'T BUY
Acquisition of Canadian Hydro Developers was a good tactical move and will give them some good tax planning. Trouble with a lot of utilities as that they are close to their target prices so he is very underweight utilities.
WEAK BUY
Dividend (5%) has chronically been considered not safe but it is not excessive and he thinks it will continue through thick and thin. Company is a bit boring. Solid, good long-term hold.
DON'T BUY
Best part of this stock is the attractive dividend. Problems will continue. Payout ratio is very high – funded through debt. Not a lot of upside on this stock.
BUY
One of their significant positions. Are in for the dividend. Likes the management, (good utility, but not rocket scientists). A good stock to hold if you are looking for a dividend yield and not too much in capital gains.
BUY
Transalta 2020 series bond: Likes the company, well managed and he would recommend these bonds.
DON'T BUY
(Market Call Minute.) Not his favourite utility because they produce a lot of electricity using dirty coal and have a lot of facilities that need replacing.
COMMENT
Opinion on green energy part of their business? This is a relatively new area for utilities so difficult to assess. Likes utilities as most of them have projects that will be able to deliver alternatives without capital (?) going forward. Prefers TransCanada (TRP-T).
PAST TOP PICK
(A Top Pick Jan 2/09. Down 4.17%.) Sold a lot of his holdings. A play on power prices. Correlated with gas prices so if you think gas is going up you could play this.
BUY
Are the bonds a safe investment? Credit profile weakened slightly because they acquired Canadian Hydro and issued a fair amount of debt. Debt to capital was at 52% but is now 57% but hopefully will come down in 2011. Acquisition gave them newer and greener assets. Still an investment grade bond and he likes it.
PAST TOP PICK
(A Top Pick Dec 3/08. Up 8.9%.) Have lightened up on this one and buying more of TransCanada (TRP-T).
HOLD
Growth prospects are fine but not fabulous. Dividend is fine. Still working on how they are going to present and integrate the Canadian Hydro acquisition.
TOP PICK
6.4% bond maturing November 18/19. New issue. Likes the 7 to 13 part of the year curve.
DON'T BUY
Issue right now is state of coal generation electricity plants. You can get an income but probably the stock will not move up.
DON'T BUY
Has been a bit of a disappointment. Would rather own TransCanada (TRP-T) or Enbridge (ENB-T) for utility exposure. Expect they will have down earnings year-over-year. 5.5% dividend.
WAIT
Prefers TRP. Has bulk of cash flow from coal-powered facilities. Wait until after Friday to make a decision.
Showing 346 to 360 of 623 entries