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Transalta Renewables

RNW-T

Analysis and Opinions about RNW-T

Signal
Opinion
Expert
Chart
WEAK BUY
WEAK BUY
July 21, 2021

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.

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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.

Varun Anand
Price
$21.620
Owned
No
BUY
BUY
July 9, 2021
One of the names that pop up when looking into tilting the portfolio towards renewables. A solid space in the longer term. A good company and it has seen a nice lift off from lows.
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One of the names that pop up when looking into tilting the portfolio towards renewables. A solid space in the longer term. A good company and it has seen a nice lift off from lows.
Andrew Pyle
Price
$21.600
Owned
No
BUY WEAKNESS
BUY WEAKNESS
March 5, 2021
Last year, it faired very well and Biden also boosted the price. The stocks in the sector have now pulled back. There is a sector change towards traditional cyclicals. The company is a secular growth opportunity with income. There is lots of opportunity for growth. The dividend is competitive and it should grow. Should profit from the ESG trend and multiple expansion.
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Last year, it faired very well and Biden also boosted the price. The stocks in the sector have now pulled back. There is a sector change towards traditional cyclicals. The company is a secular growth opportunity with income. There is lots of opportunity for growth. The dividend is competitive and it should grow. Should profit from the ESG trend and multiple expansion.
Brian Madden
Price
$18.490
Owned
No
BUY WEAKNESS
BUY WEAKNESS
March 5, 2021

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

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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

BUY
BUY
February 4, 2021

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.

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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.

Varun Anand
Price
$21.770
Owned
Unknown
WAIT
WAIT
January 6, 2021
Not one of the best in the space, but the whole group has seen a rise. Assets in Australia, which is a favourable jurisdiction. Wait for last night's election results to calm down before taking a position.
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Not one of the best in the space, but the whole group has seen a rise. Assets in Australia, which is a favourable jurisdiction. Wait for last night's election results to calm down before taking a position.
Ryan Bushell
Price
$24.000
Owned
No
DON'T BUY
DON'T BUY
November 23, 2020
The renewable sector with increased values on social and environmental considerations, has done very well. He sees that you can get better returns elsewhere in the markets. He prefers more traditional pipeline and infrastructure companies. We should see some stabilization in oil and nat gas prices.
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The renewable sector with increased values on social and environmental considerations, has done very well. He sees that you can get better returns elsewhere in the markets. He prefers more traditional pipeline and infrastructure companies. We should see some stabilization in oil and nat gas prices.
Jamie Murray
Price
$17.280
Owned
Unknown
HOLD
HOLD
October 5, 2020
His model price is $21.20, or a 25% upside. They are paying a 94% payout ratio. This will pay out all the income through to Dec '21. He would wait for a positive transit before buying. It is at the top of the zone. At the $13/14 level he would be a buyer and would even still hold it here.
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His model price is $21.20, or a 25% upside. They are paying a 94% payout ratio. This will pay out all the income through to Dec '21. He would wait for a positive transit before buying. It is at the top of the zone. At the $13/14 level he would be a buyer and would even still hold it here.
Brian Acker, CA
Price
$16.880
Owned
Unknown
COMMENT
COMMENT
August 11, 2020
She likes renewables. Nothing wrong with RNW, though other names are more liquid. This will grow if the parent company drops down more renewable assets to it. The dividend is safe. She owns other names in this sector because they're more liquid.
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She likes renewables. Nothing wrong with RNW, though other names are more liquid. This will grow if the parent company drops down more renewable assets to it. The dividend is safe. She owns other names in this sector because they're more liquid.
DON'T BUY
DON'T BUY
April 28, 2020

Doesn't follow this one much, and he prefers the renewables like Boralex, Algonquin and Innergex. RNW has some challenges, but the CEO is investing more in renewable power. Not at the top of his list in this sector. The worst is behind RNW after a rough few years.

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Doesn't follow this one much, and he prefers the renewables like Boralex, Algonquin and Innergex. RNW has some challenges, but the CEO is investing more in renewable power. Not at the top of his list in this sector. The worst is behind RNW after a rough few years.

DON'T BUY
DON'T BUY
July 8, 2019
It is a great company. They are better positioned now. It is about a 5% yield increasing at high single digits. It is an asset drop down model and he prefers companies that develop assets from the ground up.
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It is a great company. They are better positioned now. It is about a 5% yield increasing at high single digits. It is an asset drop down model and he prefers companies that develop assets from the ground up.
Varun Anand
Price
$14.080
Owned
Unknown
COMMENT
COMMENT
July 5, 2019
Spin out from TransAlta with a lot of their wind assets and some thermal generation from Australia, which from a sustainable perspective is not so great. Not a pure play green energy company. Nicely diversified company that has a very nice stable cashflow and dividends.
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Spin out from TransAlta with a lot of their wind assets and some thermal generation from Australia, which from a sustainable perspective is not so great. Not a pure play green energy company. Nicely diversified company that has a very nice stable cashflow and dividends.
Tim Nash
Price
$14.030
Owned
Unknown
DON'T BUY
DON'T BUY
December 28, 2018
The concern is with recent earnings which recently reported a decline of 10%. The payout ratio is only 65% and dividend growth has been increasing. He does not own at this point, due to it trading below a significant moving average. The ROE around 8% is too low for him.
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The concern is with recent earnings which recently reported a decline of 10%. The payout ratio is only 65% and dividend growth has been increasing. He does not own at this point, due to it trading below a significant moving average. The ROE around 8% is too low for him.
DON'T BUY
DON'T BUY
September 11, 2018

This is owned 60% by TransAlta and managed by TransAlta. RNW doesn’t have employees, it pays a management fee to TransAlta instead. The price has gone down over the past year, but so have most utilities, as interest rates have increased. The yield looks safe but there is no clear path for growth. Cash flow projections are flat. They sold 12 million shares in June, but are using the money to pay down debt rather than investing in significant new projects. She expects the price to stay flat, so one could invest in this stock for the yield alone. Alternatively, one could look for a company like this that has more growth projects underway. Yield 7.8%.

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Transalta Renewables (RNW-T)
September 11, 2018

This is owned 60% by TransAlta and managed by TransAlta. RNW doesn’t have employees, it pays a management fee to TransAlta instead. The price has gone down over the past year, but so have most utilities, as interest rates have increased. The yield looks safe but there is no clear path for growth. Cash flow projections are flat. They sold 12 million shares in June, but are using the money to pay down debt rather than investing in significant new projects. She expects the price to stay flat, so one could invest in this stock for the yield alone. Alternatively, one could look for a company like this that has more growth projects underway. Yield 7.8%.

WEAK BUY
WEAK BUY
July 20, 2018

Sell and cut losses? Would own it for the dividend. Might want to consider buying more. Primarily a coal utility, but spun off wind assets, which he likes. Unfortunately now, about 41% of their portfolio are Australian nat gas assets. Doesn’t love it, prefers pure play renewable energy stocks. Lots of opportunity here, and not going to be short of cash. Would want clarity on projects and strategic direction moving forward.

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Sell and cut losses? Would own it for the dividend. Might want to consider buying more. Primarily a coal utility, but spun off wind assets, which he likes. Unfortunately now, about 41% of their portfolio are Australian nat gas assets. Doesn’t love it, prefers pure play renewable energy stocks. Lots of opportunity here, and not going to be short of cash. Would want clarity on projects and strategic direction moving forward.

Tim Nash
Price
$12.130
Owned
Unknown
Showing 1 to 15 of 58 entries

Transalta Renewables(RNW-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 7

Stockchase rating for Transalta Renewables is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Transalta Renewables(RNW-T) Frequently Asked Questions

What is Transalta Renewables stock symbol?

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

Is Transalta Renewables a buy or a sell?

In the last year, 7 stock analysts published opinions about RNW-T. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is WEAK BUY. Read the latest stock experts' ratings for Transalta Renewables.

Is Transalta Renewables a good investment or a top pick?

Transalta Renewables was recommended as a Top Pick by Varun Anand on 2021-07-21. Read the latest stock experts ratings for Transalta Renewables.

Why is Transalta Renewables stock dropping?

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.

Is Transalta Renewables worth watching?

7 stock analysts on Stockchase covered Transalta Renewables In the last year. It is a trending stock that is worth watching.

What is Transalta Renewables stock price?

On 2021-07-23, Transalta Renewables (RNW-T) stock closed at a price of $21.5.