TransAlta (TSE:TA) Posts Earnings Results

Posted by George Bondi on Nov 5th, 2026

TransAlta (TSE:TA – Get Free Report) (NYSE:TAC) announced its earnings results on Tuesday. The company reported C$0.18 EPS for the quarter, FiscalAI reports. The firm had revenue of C$536.00 million for the quarter. TransAlta had a return on equity of 6.38% and a net margin of 4.71%.

TransAlta Stock Up 0.3%

TSE TA opened at C$18.57 on Thursday. The company has a debt-to-equity ratio of 225.67, a current ratio of 0.87 and a quick ratio of 0.61. The company’s 50 day simple moving average is C$17.48 and its 200 day simple moving average is C$17.99. TransAlta has a 12 month low of C$15.62 and a 12 month high of C$24.05. The company has a market capitalization of C$5.87 billion, a P/E ratio of -59.90, a PEG ratio of -0.07 and a beta of 0.31.

Key Stories Impacting TransAlta

Here are the key news stories impacting TransAlta this week:

Positive Sentiment: TransAlta swung to a $63 million Q3 profit from a $62 million loss a year earlier. Adjusted EPS of C$0.18 topped the C$0.07 consensus, with strong power demand and ongoing fleet optimization cited as favorable factors. TransAlta Q3 profit article
Neutral Sentiment: TransAlta is gathering community input on a proposed Alberta data centre, while management sees the Boreal Technology Hub potentially requiring up to 1.6 GW of power. The scale could create a significant opportunity, but the project remains prospective. Boreal Technology Hub and acquisition outlook
Neutral Sentiment: National Bank Financial lowered its price target to C$23 from C$24 but kept an “outperform” rating, signaling continued optimism alongside a more cautious valuation outlook. National Bank Financial rating
Negative Sentiment: Quarterly revenue fell, tempering the positive earnings result and suggesting the profit improvement did not come alongside top-line growth. Q3 earnings and revenue report

Insider Activity at TransAlta

In related news, insider Michael Politeski acquired 5,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was bought at an average price of C$16.02 per share, for a total transaction of C$80,100.00. Following the transaction, the insider owned 90,000 shares of the company’s stock, valued at approximately C$1,441,800. The trade was a 5.88% increase in their ownership of the stock. Company insiders own 0.21% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on TA shares. Canadian Imperial Bank of Commerce decreased their price target on TransAlta from C$26.00 to C$24.50 in a research note on Tuesday, September 22nd. National Bank Financial dropped their price objective on TransAlta from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$24.50.

Check Out Our Latest Stock Analysis on TA

About TransAlta

(Get Free Report)

TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with affordable, energy efficient and reliable power. Today, TransAlta is one of Canada’s largest producers of wind power and Alberta’s largest producer of thermal generation and hydro-electric power. For over 114 years, TransAlta has been a responsible operator and a proud member of the communities where we operate and where our employees work and live.