TransAlta (TAC) Set to Release Earnings on Tuesday

TransAlta (NYSE:TAC) (TSE:TA) is expected to issue its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect the company to post earnings of $0.05 per share and revenue of $366.40 million for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 10:00 AM ET.

TransAlta (NYSE:TAC) (TSE:TA) last released its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.13 EPS for the quarter, beating the consensus estimate of $0.11 by $0.02. The company had revenue of $342.85 million for the quarter, compared to analyst estimates of $379.54 million. TransAlta had a negative net margin of 2.76% and a positive return on equity of 8.85%. On average, analysts expect TransAlta to post $0.14 EPS for the current fiscal year and $0.39 EPS for the next fiscal year.

TransAlta Trading Up 0.2%

Shares of TransAlta stock opened at $13.00 on Monday. The firm has a 50-day simple moving average of $12.39 and a two-hundred day simple moving average of $12.93. The company has a market cap of $4.11 billion, a P/E ratio of -72.22 and a beta of 0.73. TransAlta has a fifty-two week low of $11.38 and a fifty-two week high of $17.82. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.77 and a current ratio of 0.84.

TransAlta Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 1st. Stockholders of record on Tuesday, December 1st will be given a dividend of C$0.07 per share. The ex-dividend date is Tuesday, December 1st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.2%. TransAlta’s dividend payout ratio (DPR) is -111.11%.

Analysts Set New Price Targets

TAC has been the subject of a number of analyst reports. Zacks Research raised TransAlta from a “strong sell” rating to a “hold” rating in a report on Monday, August 17th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of TransAlta in a research report on Friday, July 17th. Weiss Ratings raised TransAlta from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of TransAlta in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $24.50.

About TransAlta

TransAlta Corporation is a Canada-based power generation and wholesale marketing company headquartered in Calgary, Alberta. The company develops, owns and operates a diversified portfolio of electricity-generating facilities, including hydroelectric, wind, solar, natural gas and coal-fired power assets.

TransAlta supplies electricity to utilities, commercial and industrial customers, and wholesale markets. Its activities include power generation, energy marketing, asset management and the development of renewable energy projects.