TSE:TA

Transalta Corp (TA.TO)

17.69
-0.31 (1.72%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
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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.

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Consensus
Cautious
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Valuation
Fair Value
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Fortis,FTS
DON'T BUY
He doesn't really like this stock.
DON'T BUY
Always thought the stock was a little more expensive than where he would be comfortable entering. Have some interesting assets but have never gotten the returns that they should get.
HOLD
A well-run company with a good dividend. Great balance sheet.
DON'T BUY
Trading rate at his “fair market value”. Doesn't see that it has any place to go on the upside.
DON'T BUY
Benefited from the “spark spread”, cost differential between electricity and cost of production. Their use of natural gas in making electricity has been in their favour, as gas got very cheap. However, today, natural gas storage indicator showed a draw down. That will be negative for the “spark spread” this quarter. Prefers others for yield.
DON'T BUY
The knock against them has been that it isn't really a conventional utility i.e. being regulated. They are just selling power into the grid and hoping they will get a favourable price for it. Gas prices will probably go up and electricity prices will not keep pace with it so their earnings will continue to suffer.
SELL
This is a funny beast. It's in the power business, have had continual problems with one misstep after another.
DON'T BUY
Yields about 4%. Not a lot of growth. Outlook of about 5% total.
HOLD
This is a company that has reinvented itself over the last number of years. Current businesses are a bit more volatile than what they were so there could be an argument on whether the dividend was sustainable. A well situated company that is thriving in the economy.
DON'T BUY
Ultimately, they should be doing a little bit better with the low gas prices. Historically, they have been buying gas, burning it and turning it into electricity. Have been paying out a fair proportion of their cash in the form of dividends which doesn't make sense in a company that should be looking at growth.
DON'T BUY
They were not earning their dividends. Everybody thought this company would have to cut its dividends, but they didn't. They have had some maintenance problems at their plants and the margin between buying gas and converting to electricity was negative. Not an attractive buy at this price as it is very expensive. There are better buys in this sector.
DON'T BUY
They were not earning their dividends. Everybody thought this company would have to cut its dividends, but they didn't. They have had some maintenance problems at their plants and the margin between buying gas and converting to electricity was negative. Not an attractive buy at this price as it is very expensive. There are better buys in this sector.
BUY
He believes they have underperformed. Costs are down and leverage is down. He would buy and feels it could grow nicely. He owns on the bond side.
WEAK BUY
This stock has benefited from the sparks spread, which is basically the wholesale price of electricity compared to the wholesale price of natural gas. They have managed to play that pretty well. At the moment they are making money. There are some real issues with maintenance of plants and ability to grow.
DON'T BUY
If you are going to buy it, you had better have a very firm view that the dividend is safe.
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