TRANSALTA CORP
No SEC Form 4 filings for $TAC in the last 30 days.
TransAlta (NYSE:TAC) shares rose above their 200-day moving average on Monday, trading up to $13.82 and last at $13.5650. The 200-day average is $13.23. The article cites analyst actions including RBC and CIBC reiterating “outperform” and TD Securities “buy,” with MarketBeat showing a $21.33 consensus target. It also notes May 6 quarterly EPS of $0.04 vs $0.01 expected and a $0.07 quarterly dividend payable July 1.
TransAlta Corporation has declared quarterly dividends for six series of its cumulative redeemable rate reset first preferred shares, payable on June 30, 2026, to shareholders of record on June 1, 2026. The per-share dividends range from C$0.26309 to C$0.43088, with Series B and Series D having floating rates that reset quarterly. The highest dividend rate of 6.894% (C$0.43088 per share) is for Series E.
TransAlta Corp (TAC) generates most of its revenue from Gas, accounting for 53.0% of total sales, followed by Energy Transition and Hydro. The company displays a gross margin of 17.71%, with operating and net margins in negative territory, and a Return on Equity of -30.13%. TAC, with a market capitalization of $3.77B, competes with companies like TXNM and KEN, and its gross margin is significantly lower than TXNM's but comparable to KEN's.
