Basic Stats
The share price of TransAlta Corporation as of September 9, 2025 is $17.11 / share. This is an increase of 2.46% from the prior week. The market cap (or net worth) of TransAlta Corporation as of September 9, 2025 is $5,071.40 MM.
The Factor Analysis chart (below right) shows a view of TransAlta Corporation from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
Market Cap | 5,071.40 MM |
EV | 10,203.84 MM |
Shares Out. | 296.40 MM |
Earnings Date | |
EPS (TTM) | -0.34 |
Dividend Yield | 1.53 % |
Ex-Dividend Date | 2025-08-29 |
Borrow Rate | 1.15 |
Short Shares Avail. | 0.15 MM |
Short Interest | |
Short Float | |
Days to Cover | |
Risk Free Rate | 4.05 % |
Price Change (1 yr) | 38.47 % |
Volatility (1 yr) | 0.44 |
Beta | 0.74 |
Sharpe Ratio (1 yr) | 0.79 |
Sortino Ratio (1 yr) | 1.20 |
PE Ratio | -49.37 |
Price/Book | 3.03 |
Price/TBV | 6.31 |
Book/Market | 0.33 |
EBIT/EV | -0.01 |
EBIT(3yr avg)/EV | 0.04 |
ROA | -0.01 |
ROE | -0.05 |
ROIC | -0.02 |
CROIC | -0.02 |
OCROIC | 0.10 |
Implied Volatility | |
Put/Call OI Ratio |
Growth | 24.80 /100 |
Profitability | 38.77 /100 |
Quality Score | 65.96 /100 |
Value Score | 62.60 /100 |
Momentum Score | 70.38 /100 |
Stability (Low Vol) Score | 48.54 /100 |
Analyst Sentiment | 62.99 /100 |
Fund Sentiment | 42.62 /100 |
Insider Sentiment | |
Officer Sentiment | |
Dividend Score | 43.14 /100 |
QVM Score | |
Piotroski F-SCORE | 3.00 /9 |
Price Target
The average one-year price target for TransAlta Corporation is $18.87. The forecasts range from a low of $14.14 to a high of $21.00. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for TransAlta Corporation. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
Date | Analyst | Prior | Latest Recommendation |
Action |
---|---|---|---|---|
2022-11-09 | TD Research | Buy | Downgrade | |
2022-11-09 | STA Research | Hold | Maintains | |
2022-12-15 | Credit Suisse | Outperform | Upgrade | |
2022-11-09 | Scotiabank Capital | Outperform | Upgrade | |
2022-11-09 | National Bank of Canada Financial | Sector Perform | Upgrade | |
2022-11-09 | Credit Suisse | Outperform | Upgrade | |
2022-11-09 | ATB Capital | Upgrade | ||
2022-11-08 | CIBC Capital Markets | Sector Perform | Maintains | |
2022-10-25 | STA Research | Hold | Downgrade | |
2022-10-25 | National Bank of Canada Financial | Downgrade | ||
2022-10-25 | Credit Suisse | Outperform | Downgrade | |
2022-10-20 | Scotiabank Capital | Strong Buy | Downgrade | |
2022-10-18 | CIBC Capital Markets | Downgrade | ||
2022-09-26 | STA Research | Hold | Maintains | |
2022-09-26 | Scotiabank Capital | Outperform | Upgrade | |
2022-08-24 | Credit Suisse | Downgrade | ||
2022-08-08 | TD Research | Buy | Downgrade | |
2022-08-08 | STA Research | Hold | Maintains | |
2022-08-08 | Scotiabank Capital | Outperform | Maintains | |
2022-08-05 | CIBC Capital Markets | Outperform | Maintains | |
2022-07-25 | Credit Suisse | Outperform | Upgrade | |
2022-06-22 | CIBC Capital Markets | Outperform | Upgrade | |
2022-05-09 | STA Research | Hold | Maintains | |
2022-05-09 | Scotiabank Capital | Outperform | Maintains | |
2022-05-09 | National Bank of Canada Financial | Sector Perform | Upgrade | |
2022-05-09 | BMO Financial | Outperform | Maintains | |
2022-04-20 | Credit Suisse | Outperform | Upgrade | |
2022-04-06 | Scotiabank Capital | Outperform | Maintains | |
2022-04-05 | CIBC Capital Markets | Outperform | Maintains | |
2022-02-25 | Scotiabank Capital | Outperform | Maintains | |
2022-01-19 | Scotiabank Capital | Outperform | Maintains | |
2022-01-19 | CIBC Capital Markets | Outperform | Maintains | |
2022-01-19 | BMO Financial | Outperform | Initiate | |
2022-01-12 | TD Research | Buy | Downgrade | |
2022-01-11 | CIBC Capital Markets | Outperform | Maintains | |
2022-01-07 | Credit Suisse | Outperform | Initiate | |
2021-12-23 | Scotiabank Capital | Outperform | Maintains | |
2021-12-23 | ATB Capital | Buy | Upgrade | |
2021-11-11 | NationalBankFinancial | Sector Perform | Upgrade | |
2021-11-11 | BMONesbitts | Outperform | Maintains | |
2021-11-10 | TDNewcrest | Buy | Upgrade | |
2021-11-10 | ScotiaBankFinancial | Outperform | Upgrade | |
2021-11-10 | RBCRoyalBank | Outperform | Upgrade | |
2021-11-10 | CIBC WG | Upgrade | ||
2021-11-10 | BMONesbitt | Upgrade | ||
2021-11-08 | Sbank | Outperform | Maintains | |
2021-11-01 | Credit Suisse | Outperform | Downgrade | |
2021-10-29 | CIBC World Markets | Outperform | Maintains | |
2021-10-21 | Sbank | Outperform | Upgrade | |
2021-10-19 | TD Securities | Buy | Maintains | |
2021-10-18 | TD Securities | Upgrade | ||
2021-10-04 | Credit Suisse | Outperform | Initiate | |
2021-09-29 | Sbank | Outperform | Initiate | |
2021-09-29 | RBC Capital | Outperform | Initiate | |
2021-09-29 | Credit Suisse | Outperform | Initiate | |
2021-09-29 | CIBC World Markets | Outperform | Upgrade | |
2021-09-28 | CIBC World Markets | Outperform | Maintains | |
2021-09-21 | BMO Capital Markets | Outperform | Maintains | |
2021-09-20 | BMO Capital Markets | Upgrade | ||
2021-08-12 | National Bank Financial | Sector Perform | Maintains | |
2021-08-11 | TD Securities | Outperform | Upgrade | |
2021-08-11 | RBC Capital | Outperform | Maintains | |
2021-08-11 | National Bank Financial | Upgrade | ||
2021-08-11 | CIBC World Markets | Outperform | Upgrade | |
2021-08-11 | BMO Capital Markets | Upgrade | ||
2021-08-10 | CIBC World Markets | Outperform | Maintains | |
2021-07-21 | CIBC World Markets | Outperform | Upgrade | |
2021-06-01 | BMO Capital Markets | Outperform | Upgrade | |
2021-05-25 | Credit Suisse | Sector Perform | Upgrade | |
2021-05-14 | RBC Capital | Outperform | Upgrade | |
2021-05-14 | CIBC World Markets | Outperform | Maintains | |
2021-05-14 | BMO Capital Markets | Market Perform | Upgrade | |
2021-05-04 | CIBC World Markets | Outperform | Maintains | |
2021-04-20 | CIBC World Markets | Outperform | Upgrade | |
2021-04-16 | Sbank | Outperform | Upgrade | |
2021-03-26 | RBC Capital | Outperform | Maintains | |
2021-03-10 | National Bank | SECTOR PERFORM | Downgrade | |
2021-03-04 | TD Securities | Buy | Upgrade | |
2021-03-04 | National Bank Financial | Downgrade | ||
2021-01-21 | Credit Suisse | Sector Perform | Maintains | |
2021-01-20 | Credit Suisse | Upgrade | ||
2021-01-13 | CIBC World Markets | Neutral | Outperform | Upgrade |
2020-12-08 | BMO Capital Markets | Sector Perform | Upgrade | |
2020-07-29 | Credit Suisse | Upgrade | ||
2020-03-20 | CIBC World Markets | Neutral | Outperform | Upgrade |
2020-03-05 | TD Securities | Buy | Upgrade | |
2020-02-10 | RBC Capital | Sector Perform | Outperform | Upgrade |
2020-02-07 | Sbank | Upgrade | ||
2020-01-16 | Credit Suisse | Neutral | Outperform | Upgrade |
2019-10-23 | CIBC World Markets | Downgrade | ||
2019-08-13 | National Bank Financial | Sector Perform | Downgrade | |
2019-03-27 | National Bank Financial | Sector Perform | Upgrade | |
2019-03-26 | TD Securities | Hold | Buy | Upgrade |
2019-03-26 | RBC Capital | Sector Perform | Upgrade | |
2019-03-26 | BMO Capital Markets | Upgrade | ||
2019-03-21 | National Bank Financial | Sector Perform | Upgrade | |
2019-03-19 | Credit Suisse | Underperform | Neutral | Upgrade |
2019-02-28 | TD Securities | Hold | Upgrade | |
2019-02-28 | National Bank Financial | Outperform | Sector Perform | Downgrade |
2019-02-28 | CIBC World Markets | Upgrade | ||
2019-02-28 | BMO Capital Markets | Upgrade | ||
2019-01-23 | National Bank Financial | Sector Perform | Outperform | Upgrade |
2018-12-19 | National Bank Financial | Sector Perform | Downgrade | |
2018-12-18 | BMO Capital Markets | Market Perform | Downgrade | |
2018-10-24 | CIBC World Markets | Downgrade | ||
2018-09-11 | BMO Capital Markets | Upgrade | ||
2018-08-07 | National Bank Financial | Sector Perform | Upgrade | |
2018-08-07 | CIBC World Markets | Upgrade | ||
2018-05-25 | TD Securities | Hold | Initiate | |
2018-05-09 | CIBC World Markets | Downgrade | ||
2018-05-09 | BMO Capital Markets | Downgrade | ||
2018-05-04 | Canaccord Genuity | Hold | Initiate | |
2018-03-05 | GMP Securities | Upgrade | ||
2018-02-28 | Sbank | Sector Perform | Outperform | Upgrade |
2018-02-06 | BMO Capital Markets | Downgrade | ||
2017-12-07 | Sbank | Sector Perform | Upgrade | |
2017-12-07 | RBC Capital | Sector Perform | Upgrade | |
2017-12-07 | Credit Suisse | Underperform | Upgrade | |
2017-05-23 | BMO Capital Markets | Market Perform | Maintains | |
2017-03-06 | Sbank | Sector Perform | Maintains | |
2017-01-04 | National Bank Financial | Outperform | Maintains | |
2017-01-04 | Credit Suisse | 7 | Maintains | |
2016-11-25 | TD Securities | Hold | Maintains | |
2016-11-25 | RBC Capital | 7.5 | Maintains | |
2016-11-25 | National Bank Financial | Outperform | Maintains | |
2016-11-25 | BMO Capital Markets | Market Perform | Maintains | |
2016-11-07 | Sbank | Underperform | Sector Perform | Maintains |
2016-11-07 | RBC Capital | Underperform | Sector Perform | Maintains |
2016-11-01 | RBC Capital | Outperform | Sector Perform | Maintains |
2016-08-11 | TD Securities | Hold | Maintains | |
2016-08-11 | Sbank | Underperform | Maintains | |
2016-08-11 | RBC Capital | 6 | Maintains | |
2016-08-11 | First Energy | 5.75 | Maintains | |
2016-07-20 | CIBC World Markets | 8 | Maintains | |
2016-07-18 | National Bank Financial | 6.5 | Maintains | |
2016-05-04 | RBC Capital | Sector Perform | Underperform | Downgrade |
2016-05-04 | BMO Capital Markets | At Market Perform | Maintains | |
2016-04-29 | RBC Capital | Outperform | Maintains | |
2016-04-22 | Credit Suisse | Neutral | Underperform | Downgrade |
2016-03-03 | TD Securities | 7.5 | Maintains | |
2016-02-19 | RBC Capital | Sector Perform | Maintains | |
2016-02-19 | National Bank Financial | Sector Perform | Maintains | |
2016-02-01 | CIBC World Markets | 7.5 | Maintains | |
2016-01-18 | S&P Equity Research | Hold | Maintains | |
2016-01-18 | RBC Capital | Sector Perform | Maintains | |
2016-01-18 | CIBC World Markets | Sector Perform | Maintains | |
2016-01-15 | BMO Capital Markets | Outperform | At Market Perform | Downgrade |
2016-01-15 | BMO Capital | Outperform | Market Perform | Downgrade |
2016-01-12 | BMO Capital Markets | 8 | Maintains | |
2015-11-26 | National Bank Financial | 5 | Maintains | |
2015-11-23 | RBC Capital | Underperform | Sector Perform | Upgrade |
2015-11-02 | TD Securities | 9 | Maintains | |
2015-11-02 | National Bank Financial | Sector Perform | Maintains | |
2015-08-25 | CIBC World Markets | 10 | Maintains | |
2015-08-24 | BMO Capital | Market Perform | Outperform | Upgrade |
2015-07-31 | TD Securities | Hold | Maintains | |
2015-07-31 | National Bank Financial | Underperform | Maintains | |
2015-07-28 | Sbank | Outperform | Maintains | |
2015-07-16 | Credit Suisse | Underperform | Maintains | |
2015-07-07 | BMO Capital Markets | 11 | Maintains | |
2015-03-24 | Sbank | 14.5 | Maintains | |
2015-03-24 | BMO Capital Markets | At Market Perform | Maintains | |
2015-01-15 | National Bank Financial | Sector Perform | Maintains | |
2014-05-05 | National Bank Financial | Underperform | Maintains | |
2014-05-05 | Canaccord Genuity | Buy | Initiate | |
2014-04-16 | BMO Capital | Market Perform | Maintains | |
2014-02-21 | TD Securities | 14 | Maintains | |
2014-02-21 | Sbank | 15 | Maintains | |
2014-02-21 | CIBC World Markets | Sector Perform | Sector Underperform | Downgrade |
2014-02-21 | Canaccord Genuity | Buy | Hold | Downgrade |
2014-02-21 | BMO Capital Markets | At Market Perform | Maintains | |
2014-02-07 | Sbank | Sector Perform | Maintains | |
2013-10-31 | RBC Capital | Underperform | Sector Perform | Upgrade |
2013-10-28 | TD Securities | Hold | Initiate | |
2013-09-10 | National Bank Financial | Sector Perform | Initiate | |
2013-07-31 | National Bank Financial | Underperform | Maintains | |
2013-06-27 | TD Securities | Hold | Buy | Upgrade |
2013-04-30 | Sbank | Sector Underperform | Sector Perform | Upgrade |
2013-04-25 | Credit Suisse | Underperform | Maintains | |
2013-04-24 | TD Securities | 15 | Maintains | |
2013-04-24 | Sbank | 13.5 | Maintains | |
2013-04-24 | RBC Capital | Underperform | Maintains | |
2013-01-11 | BMO Capital Markets | At Market Perform | Maintains | |
2012-07-24 | BMO Capital | Market Perform | Maintains | |
2023-04-14 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
2023-03-29 | IA CAPITAL MARKETS | Buy | Strong Buy | Upgrade |
2023-02-24 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
2023-02-24 | TD SECURITIES | Buy | Buy | Maintains |
2023-02-23 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
2023-02-23 | CIBC CAPITAL MARKETS | Neutral | Outperform | Upgrade |
2023-01-09 | CIBC CAPITAL MARKETS | Outperform | Neutral | Downgrade |
2022-12-15 | CREDIT SUISSE | Outperform | Outperform | Maintains |
2022-11-17 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
2022-08-09 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
2022-08-08 | IA CAPITAL MARKETS | Strong Buy | Buy | Downgrade |
2022-06-30 | IA CAPITAL MARKETS | Buy | Strong Buy | Upgrade |
2022-02-25 | IA CAPITAL MARKETS | Buy | Buy | Maintains |
2021-10-13 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
2021-08-20 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
2023-06-06 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
2023-05-29 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
2023-05-16 | CIBC CAPITAL MARKETS | Neutral | Outperform | Upgrade |
2023-05-14 | CREDIT SUISSE | Outperform | Outperform | Maintains |
2023-05-07 | IA CAPITAL MARKETS | Buy | Strong Buy | Upgrade |
2023-05-07 | TD SECURITIES | Buy | Buy | Maintains |
2023-05-06 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
2023-01-08 | CIBC CAPITAL MARKETS | Outperform | Neutral | Downgrade |
2022-12-14 | CREDIT SUISSE | Outperform | Outperform | Maintains |
2022-11-16 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
2022-08-08 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
2022-08-07 | IA CAPITAL MARKETS | Strong Buy | Buy | Downgrade |
2022-06-29 | IA CAPITAL MARKETS | Buy | Strong Buy | Upgrade |
2022-02-24 | IA CAPITAL MARKETS | Buy | Buy | Maintains |
2021-10-12 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
2021-08-19 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
2023-08-27 | CREDIT SUISSE | Outperform | Outperform | Maintains |
2023-08-07 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
2023-08-07 | IA CAPITAL MARKETS | Strong Buy | Strong Buy | Maintains |
2023-08-06 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
2023-08-06 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
2023-08-06 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
2023-11-28 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
2023-11-21 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
2023-11-21 | TD SECURITIES | Buy | Buy | Maintains |
2023-11-21 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
2023-11-03 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
2023-08-28 | CREDIT SUISSE | Outperform | Outperform | Maintains |
2023-08-08 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
2023-08-08 | IA CAPITAL MARKETS | Strong Buy | Strong Buy | Maintains |
2023-08-07 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
2023-08-07 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
2023-08-07 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
2023-06-07 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
2023-05-30 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
2023-05-17 | CIBC CAPITAL MARKETS | Neutral | Outperform | Upgrade |
2023-05-15 | CREDIT SUISSE | Outperform | Outperform | Maintains |
2023-05-08 | IA CAPITAL MARKETS | Buy | Strong Buy | Upgrade |
2023-05-08 | TD SECURITIES | Buy | Buy | Maintains |
2023-05-07 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
2024-08-06 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
2024-08-01 | TD COWEN | Buy | Buy | Maintains |
2024-08-01 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
2024-07-31 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
2024-02-25 | TD SECURITIES | Buy | Buy | Maintains |
2024-02-01 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
2023-11-27 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
2023-11-20 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
2023-11-20 | TD SECURITIES | Buy | Buy | Maintains |
2023-11-20 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
2023-11-02 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
2025-02-20 | TD COWEN | Buy | Buy | Maintains |
2025-02-19 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
2025-02-19 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
2025-02-19 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
2025-02-19 | CIBC CAPITAL MARKETS | Neutral | Outperform | Upgrade |
2025-01-07 | CIBC CAPITAL MARKETS | Outperform | Neutral | Downgrade |
2024-12-11 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
2024-11-13 | TD COWEN | Buy | Buy | Maintains |
2024-11-13 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
2024-11-13 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
2024-11-04 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
2025-01-06 | DESJARDINS SECURITIES | Buy | Hold | Downgrade |
2025-07-08 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
2025-06-01 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
2025-05-08 | JEFFERIES | Hold | Hold | Maintains |
2025-05-07 | TD COWEN | Buy | Buy | Maintains |
2025-05-06 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
2025-05-06 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |