Q4 Earnings Forecast for TransAlta Issued By Atb Cap Markets

TransAlta Corporation (NYSE:TAC) (TSE:TA) – Analysts at Atb Cap Markets increased their Q4 2025 EPS estimates for TransAlta in a research note issued to investors on Thursday, November 6th. Atb Cap Markets analyst N. Heywood now anticipates that the utilities provider will post earnings of $0.12 per share for the quarter, up from their prior forecast of $0.09. The consensus estimate for TransAlta’s current full-year earnings is $0.41 per share. Atb Cap Markets also issued estimates for TransAlta’s Q3 2026 earnings at $0.15 EPS.

A number of other equities analysts have also weighed in on TAC. CIBC restated an “outperform” rating on shares of TransAlta in a research report on Monday, October 20th. Scotiabank restated an “outperform” rating on shares of TransAlta in a report on Monday, October 6th. TD Securities reaffirmed a “buy” rating and issued a $20.00 price target (up previously from $19.00) on shares of TransAlta in a report on Tuesday, August 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of TransAlta in a research report on Wednesday, October 8th. Finally, National Bankshares reissued an “outperform” rating on shares of TransAlta in a research note on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, TransAlta currently has an average rating of “Moderate Buy” and a consensus price target of $19.88.

TransAlta Trading Up 3.9%

Shares of TAC opened at $15.53 on Monday. TransAlta has a 52-week low of $7.82 and a 52-week high of $17.88. The stock has a market cap of $4.61 billion, a PE ratio of -36.96 and a beta of 0.80. The firm’s fifty day moving average is $14.83 and its two-hundred day moving average is $12.24. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 4.98.

TransAlta (NYSE:TAC) (TSE:TA) last issued its quarterly earnings results on Thursday, November 6th. The utilities provider reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.07). The firm had revenue of $441.57 million for the quarter, compared to analysts’ expectations of $558.84 million. TransAlta had a negative return on equity of 2.06% and a negative net margin of 6.79%.

TransAlta Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 1st. Investors of record on Monday, December 1st will be given a dividend of $0.065 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.7%. TransAlta’s dividend payout ratio (DPR) is presently -37.50%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of TAC. Millennium Management LLC raised its holdings in shares of TransAlta by 199.1% in the 1st quarter. Millennium Management LLC now owns 16,462,892 shares of the utilities provider’s stock valued at $153,813,000 after buying an additional 10,957,858 shares during the period. Rubric Capital Management LP grew its stake in TransAlta by 32.9% during the 2nd quarter. Rubric Capital Management LP now owns 15,948,451 shares of the utilities provider’s stock worth $172,084,000 after purchasing an additional 3,948,451 shares in the last quarter. Vanguard Group Inc. increased its holdings in TransAlta by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 10,949,384 shares of the utilities provider’s stock worth $149,569,000 after purchasing an additional 248,027 shares during the period. Oaktree Capital Management LP increased its holdings in TransAlta by 9.0% during the 2nd quarter. Oaktree Capital Management LP now owns 6,085,253 shares of the utilities provider’s stock worth $65,513,000 after purchasing an additional 500,000 shares during the period. Finally, American Century Companies Inc. raised its position in TransAlta by 7.0% in the 1st quarter. American Century Companies Inc. now owns 5,212,856 shares of the utilities provider’s stock valued at $48,649,000 after purchasing an additional 342,630 shares in the last quarter. 59.00% of the stock is currently owned by hedge funds and other institutional investors.

TransAlta Company Profile

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) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario.