What is Atb Cap Markets’ Estimate for TransAlta Q1 Earnings?

TransAlta Co. (NYSE:TAC) (TSE:TA) – Equities researchers at Atb Cap Markets cut their Q1 2026 earnings estimates for TransAlta in a report released on Wednesday, May 7th. Atb Cap Markets analyst N. Heywood now expects that the utilities provider will post earnings per share of $0.09 for the quarter, down from their previous forecast of $0.12. The consensus estimate for TransAlta’s current full-year earnings is $0.41 per share. Atb Cap Markets also issued estimates for TransAlta’s Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.10 EPS, FY2026 earnings at $0.34 EPS and FY2027 earnings at $0.22 EPS.

TransAlta (NYSE:TAC) (TSE:TA) last announced its earnings results on Wednesday, May 7th. The utilities provider reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.02). TransAlta had a return on equity of 18.47% and a net margin of 6.38%. The business had revenue of $526.69 million for the quarter, compared to analysts’ expectations of $509.31 million.

Other analysts also recently issued research reports about the stock. Cibc World Mkts raised shares of TransAlta from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 18th. CIBC raised shares of TransAlta from a “neutral” rating to an “outperformer” rating and dropped their price objective for the company from $23.00 to $19.50 in a report on Tuesday, February 18th. Jefferies Financial Group started coverage on TransAlta in a research report on Friday, April 11th. They issued a “hold” rating on the stock. StockNews.com downgraded TransAlta from a “buy” rating to a “hold” rating in a research note on Friday, February 21st. Finally, Scotiabank cut TransAlta from a “sector outperform” rating to a “sector perform” rating in a research note on Thursday, January 23rd. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $19.75.

TransAlta Price Performance

Shares of TAC stock opened at $8.67 on Friday. TransAlta has a fifty-two week low of $6.78 and a fifty-two week high of $14.64. The company has a debt-to-equity ratio of 2.94, a quick ratio of 0.67 and a current ratio of 0.74. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 21.15 and a beta of 0.71. The stock’s 50-day simple moving average is $9.06 and its 200-day simple moving average is $10.88.

Institutional Trading of TransAlta

A number of hedge funds have recently modified their holdings of TAC. NBC Securities Inc. raised its position in TransAlta by 145,600.0% during the first quarter. NBC Securities Inc. now owns 2,914 shares of the utilities provider’s stock valued at $27,000 after acquiring an additional 2,912 shares in the last quarter. Tobam purchased a new position in shares of TransAlta during the 4th quarter valued at approximately $46,000. Ballentine Partners LLC acquired a new position in shares of TransAlta in the 4th quarter valued at $145,000. Orion Portfolio Solutions LLC purchased a new stake in TransAlta during the fourth quarter worth $147,000. Finally, Private Advisor Group LLC acquired a new stake in TransAlta during the fourth quarter valued at $150,000. Hedge funds and other institutional investors own 59.00% of the company’s stock.

TransAlta Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Sunday, June 1st will be paid a dividend of $0.0458 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 2.11%. This is a positive change from TransAlta’s previous quarterly dividend of $0.04. TransAlta’s dividend payout ratio (DPR) is presently 43.90%.

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.