TransAlta Renewables is an utilities-renewable business based in Canada. TransAlta Renewables stocks (RNW.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$13.07 – a decrease of 0.47% over the previous week. TransAlta Renewables employs 0 staff and has a trailing 12-month revenue of around C$536 million.
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| Latest market close | C$12.77 |
|---|---|
| 52-week range | C$10.29 - C$17.41 |
| 50-day moving average | C$12.41 |
| 200-day moving average | C$13.49 |
| Wall St. target price | C$13.42 |
| PE ratio | 42.5667 |
| Dividend yield | C$0.94 (7.36%) |
| Earnings per share (TTM) | C$0.30 |
Note: The dollar amounts in the table below are in Canadian dollars.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the close of C$12.77 from 2023-05-26
| 1 week (2023-05-23) | -0.47% |
|---|---|
| 1 month (2023-04-28) | 0.95% |
| 3 months (2023-03-02) | 10.09% |
| 6 months (2022-11-30) | -10.64% |
| 1 year (2022-05-30) | -26.74% |
|---|---|
| 2 years (2021-05-28) | -33.83% |
| 3 years (2020-05-29) | 14.33 |
| 5 years (2018-05-30) | 2.32% |
Valuing TransAlta Renewables stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TransAlta Renewables's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
| Revenue TTM | C$536 million |
|---|---|
| Operating margin TTM | 20.9% |
| Gross profit TTM | C$258 million |
| Return on assets TTM | 2.05% |
| Return on equity TTM | 4.12% |
| Profit margin | 14.55% |
| Book value | C$6.55 |
| Market capitalisation | C$3.4 billion |
TTM: trailing 12 months
Dividend payout ratio: 104.44% of net profits
Recently TransAlta Renewables has paid out, on average, around 104.44% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.36% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), TransAlta Renewables shareholders could enjoy a 7.36% return on their shares, in the form of dividend payments. In TransAlta Renewables's case, that would currently equate to about C$0.94 per share.
TransAlta Renewables's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
TransAlta Renewables's most recent dividend payout was on 31 May 2023. The latest dividend was paid out to all shareholders who bought their shares by 14 June 2023 (the "ex-dividend date").
Over the last 12 months, TransAlta Renewables's shares have ranged in value from as little as C$10.2919 up to C$17.4052. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while TransAlta Renewables's is 0.7582. This would suggest that TransAlta Renewables's shares are less volatile than average (for this exchange).
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. is a subsidiary of TransAlta Corporation.
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