TransAlta Corporation (TA.TO)
Utilities · TOR · Canada
Fundamentals
Valuation and ratings
TransAlta Corporation trades at CAD18.85, which is 61% above the CAD7.44 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 18 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
TA.TO dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | CAD0.135 | 2 |
| 2025 | CAD0.255 | 4 |
| 2024 | CAD0.240 | 4 |
| 2023 | CAD0.220 | 4 |
| 2022 | CAD0.205 | 4 |
| 2021 | CAD0.185 | 4 |
| 2020 | CAD0.129 | 3 |
| 2019 | CAD0.160 | 4 |
| 2018 | CAD0.160 | 4 |
| 2017 | CAD0.160 | 4 |
| 2016 | CAD0.160 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
TA.TO earnings and analyst estimates
Recommendation mix, 11 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About TransAlta Corporation
TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) located in Alberta and Canada. The Wind and Solar segment has a net ownership interest of approximately 2,587 MW located in Alberta, Canada, the Unites States, and Western Australia, as well as battery storage facilities. The Gas segment has a net ownership interest of approximately 4834 MW located in Alberta, Canada, the Unites States, and Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW located in the United States, as well as operates the Skookumchuck hydro facility in Centralia. The Energy Marketing segment is involved in the trading of electricity, natural gas, and environmental products. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.
Common questions
Is TransAlta Corporation (TA.TO) undervalued?
Against our discounted cash flow estimate of CAD7.44, TA.TO at CAD18.85 is 61% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Does TransAlta Corporation (TA.TO) pay a dividend?
Yes. TransAlta Corporation yields 1.50% at the current share price. It has paid CAD0.265 per share over the trailing twelve months. It has paid a dividend in each of the last 31 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
When does TA.TO report earnings next?
TransAlta Corporation is scheduled to report on 31 Jul 2026. Companies move earnings dates, so read it as scheduled rather than certain.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.