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Election rallyMost Anticipated Earnings: IAG-T, BDT-T and more Canadian Companies Reporting Earnings this Week (Nov 04-08)Stocks rally despite hot inflationThis summary was created by AI, based on 13 opinions in the last 12 months.
Overall, the expert reviews suggest that Transalta Corp has been up and down for a decade, with its stock price not showing much growth over the years. Some experts recommend covering the position and trailing up the stop, while others suggest it is a good stock to own going forward. The company has exposure to the Alberta power market, and its dividend is not as high as its peers. The stock is seen as a value play, with potential upside in the future.
Has been rallying the last 3-4 months based on rate cuts. Has exposure to the Alberta power market which has seen prices under pressure since 2022. Prefers Capital Power.
Ton of drama for many years. Exciting play when it separated out RNW, but then they put them back together. Underperformed since then. Not a bad name, but doesn't have the nice dividend that others in the space do.
Not the first place he'd put money. Dead money absent other catalysts. On a really sharp pullback, you could add. If you own it, it's a fine hold.
Utility-type companies should perform better once rates start to come down a bit, which hasn't started yet. Most downside has probably occurred, though could potentially retest. Value play, could pick away at these levels, not wild about it.
At current levels we would consider TA 'OK'. But, it has not created much long term value, and has had to cut its dividend in the past. We would far prefer BEPC or H and would be comfortable swapping.
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TransAlta renewables better business. Current valuation is cheap. Expecting higher share price. Dividend not as high as peers. Good stock to own going forward.
On the surface, it looks like they will generate a lot of free cash flow per share, but their debt is huge and they plan to spend around $3.5 billion through 2028. Can they increase their dividend? What if interest rates go up a lot in coming years? The dividend, though just increased, remains low. The PE is not cheap enough.
Excellent performance the past year given tough year with rising interest rates.
Current share price undervalued - should be $15 or $16.
Strong business that will continue to own shares in.
Renewable business roll-up not a concern.
Does not own shares in company.
Lower yield (~1%) than renewable side of business.
Would prefer other income generating stocks.
Transalta Corp is a Canadian stock, trading under the symbol TA-T on the Toronto Stock Exchange (TA-CT). It is usually referred to as TSX:TA or TA-T
In the last year, 10 stock analysts published opinions about TA-T. 5 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Transalta Corp.
Transalta Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Transalta Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
10 stock analysts on Stockchase covered Transalta Corp In the last year. It is a trending stock that is worth watching.
On 2024-11-21, Transalta Corp (TA-T) stock closed at a price of $14.65.
It has been up and down for a decade and its ten year chart shows a price not much higher than 10 years ago. He is not expecting much dividend growth. He prefers TC Energy which is more solid and more diversified.