TSE:RNW TransAlta Renewables (RNW) Stock Price, News & Analysis → This Apple-like Innovator is Revolutionizing Healthcare (From Wall Street Star) (Ad) Free RNW Stock Alerts Add Compare Share Share Today's Range N/A50-Day RangeC$11.88▼C$12.8852-Week Range N/AVolume880,836 shsAverage Volume582,037 shsMarket CapitalizationC$3.33 billionP/E Ratio41.60Dividend Yield7.53%Price TargetC$12.98 Stock AnalysisStock AnalysisAnalyst ForecastsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsDividendEarningsHeadlines Get TransAlta Renewables alerts: Email Address TransAlta Renewables MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside∞ UpsideC$12.98 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.51Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.47 out of 5 stars 3.0 Analyst's Opinion Consensus RatingTransAlta Renewables has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 7 hold ratings, and no sell ratings.Amount of Analyst CoverageTransAlta Renewables has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for RNW. Previous Next 1.7 Dividend Strength Dividend LeadershipTransAlta Renewables is a leading dividend payer. It pays a dividend yield of 7.53%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTransAlta Renewables does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of TransAlta Renewables is 313.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RNW. Previous Next 2.5 News and Social Media Coverage News SentimentTransAlta Renewables has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 2 news articles for TransAlta Renewables this week, compared to 0 articles on an average week.Search Interest3 people have searched for RNW on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TransAlta Renewables insiders have not sold or bought any company stock.Percentage Held by Insiders60.12% of the stock of TransAlta Renewables is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 9.48% of the stock of TransAlta Renewables is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TransAlta Renewables is 41.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.96.Price to Earnings Ratio vs. SectorThe P/E ratio of TransAlta Renewables is 41.60, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 79.17.Price to Earnings Growth RatioTransAlta Renewables has a PEG Ratio of 2.71. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaSHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. About TransAlta Renewables Stock (TSE:RNW)TransAlta Renewables Inc. owns, develops, and operates renewable and natural gas power generation facilities and other infrastructure assets in Canada, the United States, and Australia. The company operates through Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australian Gas segments. Its portfolio of assets comprises 50 renewable power generation facilities, including wind, hydro, and gas. The company was incorporated in 2013 and is headquartered in Calgary, Canada. TransAlta Renewables Inc. operates as a subsidiary of TransAlta Corporation.Read More Ad Crypto 101 MediaSHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. RNW Stock News HeadlinesApril 22, 2024 | morningstar.comInnergex Renewable Energy Inc Pref Share INE.PR.AApril 21, 2024 | morningstar.comSolarBank Corp SUUNApril 23, 2024 | Wall Street Star (Ad)This Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.April 6, 2024 | morningstar.comSolarBank Corp SUNNNovember 7, 2023 | finanznachrichten.deTransAlta Corporation: TransAlta Reports Third Quarter 2023 ResultsNovember 7, 2023 | markets.businessinsider.comTransAlta Reports Third Quarter 2023 ResultsSeptember 26, 2023 | msn.comTransAlta Renewables (TSE:RNW) Agrees to be Acquired by TransAlta Corporation (TSE:TA)September 20, 2023 | theglobeandmail.comClosing Bell: Transalta Renewables Inc flat on Tuesday (RNW)April 23, 2024 | Wall Street Star (Ad)This Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.September 8, 2023 | investing.comTransAlta Renewables Inc. (RNW)August 30, 2023 | markets.businessinsider.comTransAlta Renewable (RNW) Gets a Hold Rating from RBC CapitalAugust 29, 2023 | msn.comThis 7.11% Dividend Stock Pays Cash Every MonthAugust 28, 2023 | theglobeandmail.comClosing Bell: Transalta Renewables Inc up on Monday (RNW)August 23, 2023 | msn.comPssst: Are Your High-Yield Dividend Stocks Actually Safe?July 22, 2023 | finance.yahoo.comRNW.TO - TransAlta Renewables Inc.July 17, 2023 | theglobeandmail.comClosing Bell: Transalta Renewables Inc flat on Monday (RNW)July 15, 2023 | theglobeandmail.comTransAlta Renewables: Stocks Overvalued by Analyst Consensus on TSX (RNW)July 14, 2023 | theglobeandmail.comClosing Bell: Transalta Renewables Inc down on Friday (RNW)July 11, 2023 | msn.comThe TransAlta Merger: Thoughts And A Potential Double-Digit Yield PlayJuly 11, 2023 | marketwatch.comTransAlta Renewables Shares Rise on Acquisition by TransAltaJuly 11, 2023 | ca.finance.yahoo.comTransAlta signs deal to consolidate ownership of TransAlta RenewablesJuly 11, 2023 | markets.businessinsider.comTransAlta To Buy TransAlta Renewables For $1.384 BlnJuly 11, 2023 | finance.yahoo.comTransAlta Corporation to Acquire TransAlta Renewables Inc. to Simplify Structure and Enhance Strategic PositionJuly 11, 2023 | finance.yahoo.comUPDATE 1-TransAlta to buy TransAlta Renewables for $1 blnJuly 10, 2023 | ca.finance.yahoo.comHow Much to Invest for $2,000 in Monthly Passive IncomeJune 30, 2023 | ca.finance.yahoo.comThis Energy Stock Pays You Monthly and Currently Yields 8.4%June 25, 2023 | msn.comJune Heatwave: Canadian Solar Stocks With Massive Upside PotentialSee More Headlines Receive RNW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TransAlta Renewables and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeTSE SectorUtilities Industry Utilities - Renewable Sub-IndustryN/A Current SymbolTSE:RNW CUSIPN/A CIKN/A Webwww.transalta.com Phone+1-403-2677110FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price TargetC$12.98 High Stock Price TargetC$13.50 Low Stock Price TargetC$12.50 Consensus RatingHold Rating Score (0-4)2.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.30 Trailing P/E Ratio41.60 Forward P/E RatioN/A P/E Growth2.71Net IncomeC$78 million Net Margins15.73% Pretax MarginN/A Return on Equity4.30% Return on Assets1.71% Debt Debt-to-Equity Ratio48.12 Current Ratio0.87 Quick Ratio0.82 Sales & Book Value Annual SalesC$496 million Price / Sales0.00 Cash FlowN/A Price / Cash Flow16.72 Book ValueC$6.19 per share Price / BookN/AMiscellaneous Outstanding Shares266,900,000Free FloatN/AMarket CapC$3.33 billion OptionableNot Optionable Beta0.74 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Todd John Stack (Age 56)Pres & Non-Independent Director Comp: $534.35kMr. Brent V. WardChief Financial OfficerMr. Aron John Willis (Age 48)Exec. Vice-Pres of Growth Comp: $402.49kMr. Scott T. JeffersVP & Corp. Sec.Ms. Sally TaylorMang. of Investor RelationsMs. Michelle CameronVP & Corp. ControllerChad MacySr. Environmental AdvisorMore ExecutivesKey CompetitorsBoralexTSE:BLXInnergex Renewable EnergyTSE:INEBrookfield RenewableTSE:BEPCAlgonquin Power & UtilitiesTSE:AQNNorthland PowerTSE:NPIView All Competitors RNW Stock Analysis - Frequently Asked Questions Should I buy or sell TransAlta Renewables stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TransAlta Renewables in the last twelve months. There are currently 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RNW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RNW, but not buy additional shares or sell existing shares. View RNW analyst ratings or view top-rated stocks. What is TransAlta Renewables' stock price target for 2024? 7 equities research analysts have issued 12 month price targets for TransAlta Renewables' stock. Their RNW share price targets range from C$12.50 to C$13.50. On average, they anticipate the company's stock price to reach C$12.98 in the next year. View analysts price targets for RNW or view top-rated stocks among Wall Street analysts. How often does TransAlta Renewables pay dividends? What is the dividend yield for TransAlta Renewables? TransAlta Renewables announced a monthly dividend on Thursday, September 14th. Shareholders of record on Friday, September 29th will be paid a dividend of 0.0783 per share on Friday, September 29th. This represents a $0.94 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, September 14th. Read our dividend analysis for RNW. Is TransAlta Renewables a good dividend stock? TransAlta Renewables (TSE:RNW) pays an annual dividend of C$0.94 per share and currently has a dividend yield of 7.53%. RNW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 313.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for RNW. What other stocks do shareholders of TransAlta Renewables own? Based on aggregate information from My MarketBeat watchlists, some companies that other TransAlta Renewables investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Pembina Pipeline (PPL), Inter Pipeline (IPL), BCE (BCE), Manulife Financial (MFC), Algonquin Power & Utilities (AQN), Toronto-Dominion Bank (TD), ARC Resources (ARX) and Royal Bank of Canada (RY). How do I buy shares of TransAlta Renewables? Shares of RNW stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:RNW) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill Publishingtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsExposed: 10 CENT Crypto to Explode April 20th?True Market Insiders[Shocking] Elon Musk’s Plan To End BanksCrypto 101 Media Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TransAlta Renewables Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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