Pretty good quality renewable portfolio. Steady dividend growth, healthy yield of 4.5%. Still upside. Likes it. Trades at a bit of a premium to AY, his preference, which has a more diverse geographic footprint in more ESG-friendly projects.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It missed estimates for revenue bt 5% and EPS by 16%. The balance sheet is strong and is showing better growth than expected. Around $17.50, it would be attractive. Though it has now raised dividends since 2017, it is acceptable with good growth. Unlock Premium - Try 5i Free
RNW vs. INE RNW depends on drop-down from the parent for growth. Whereas INE is an independent power producer. At current valuations, he prefers RNW. Pretty good visibility over the next few years. INE is more expensive and has good prospects, but its valuation doesn't have as much upside.
Transalta Renewables is a Canadian stock, trading under the symbol RNW-T on the Toronto Stock Exchange (RNW-CT). It is usually referred to as TSX:RNW or RNW-T
In the last year, 4 stock analysts published opinions about RNW-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Transalta Renewables.
Transalta Renewables was recommended as a Top Pick by on . Read the latest stock experts ratings for Transalta Renewables.
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.
4 stock analysts on Stockchase covered Transalta Renewables In the last year. It is a trending stock that is worth watching.
On 2023-02-03, Transalta Renewables (RNW-T) stock closed at a price of $12.08.