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Q3 2026 earnings • released • EPS beat +157.14%
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TAC:NYSE
TransAlta Corp
$13.01
-0.84%
(-0.11) 1D
$13.01
0.00% (0.00)
After hours
Closed: Nov 6, 4:00:02 PM GMT-5  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for TAC...
Open
$13.26
High
$13.26
Low
$12.83
Mkt. cap
4.13B
Avg. vol.
1.44M
Volume
1.03M
Dividend
1.53%
Quarterly dividend
$0.05
Ex-dividend date
Sep 1, 2026
P/E ratio
121.34
52-wk high
$15.98
52-wk low
$11.38
EPS
$0.11
Beta
0.74
Shares outstanding
316.30M
No. of employees
1K
Open
$13.26
High
$13.26
Low
$12.83
Mkt. cap
4.13B
Avg. vol.
1.44M
Volume
1.03M
Dividend
1.53%
Quarterly dividend
$0.05
Ex-dividend date
Sep 1, 2026
P/E ratio
121.34
52-wk high
$15.98
52-wk low
$11.38
EPS
$0.11
Beta
0.74
Shares outstanding
316.30M
No. of employees
1K
News stories
From web sources and news partners
Profile
TransAlta Corporation is an electricity power generator and wholesale marketing company headquartered in Calgary, Alberta, Canada. It is a privately owned corporation and its shares are traded publicly. It operates 76 power plants in Canada, the United States, and Australia. TransAlta operates wind, hydro, natural gas, and coal power generation facilities. The company has been recognized for its leadership in sustainability by the Dow Jones Sustainability North America Index, the FTSE4Good Index, and the Jantzi Social Index. TransAlta is Canada's largest investor-owned renewable energy provider. TransAlta operated Canada's largest surface strip coal mine from 1970 until 2021 through its subsidiary company Sunhills Mining. The 12,600-hectare mine produced 13 million tonnes of thermal grade coal a year. The company announced that it would decommission the Highvale mine by 2021. On November 2, 2023, it was announced that TransAlta bought Heartland Generation for $658 million. Wikipedia
About TransAlta Corp
CEOJohn H. Kousinioris
Employees1.35K
Founded1911
HeadquartersCalgary, Alberta, Canada
SectorUtilities
IndustryRenewable energy
Analyst ratings
Based on 5 analysts giving stock ratings to TAC in the past 3 months
Strong buy
Buy
5
Hold
0
Sell
0
12-month forecast
Based on 5 Wall Street analysts offering 12 month price targets for TAC in the last 3 months.
Highest
Current $13.01
$17.83 (+37.04%)
Average
$16.69 (+28.29%)
Lowest
$14.98 (+15.11%)
Analyst
Recommendation
Action
Price target
Projected
Date
Unknown Analyst
National Bank
Buy
Maintained
CA$23.00
+76.8%
11/04/2026
Benjamin Pham
BMO Capital
Buy
Maintained
CA$24.00
+84.5%
11/04/2026
Mark Jarvi
CIBC
Buy
Maintained
CA$25.00
+92.2%
11/04/2026
Maurice Choy
RBC Capital
Buy
Maintained
CA$24.00
+84.5%
11/04/2026
Julien Dumoulin Smith
Jefferies
Buy
Maintained
CA$21.00
+61.4%
10/29/2026
John Mould
TD Cowen
Buy
Reiterated
CA$26.00
+99.8%
08/04/2026
Brent Stadler
Desjardins
Hold
Maintained
CA$19.00
+46%
07/03/2026
Nate Heywood
ATB Cormark Capital Markets
Buy
Initiated
CA$28.00
+115.2%
06/10/2026
Patrick Kenny
National Bank
Buy
Upgraded
CA$22.00
+69.1%
03/24/2026
Last report
Nov 3, 2026
Fiscal period
Q3 2026
CA$0.18 / CA$0.07
+157.14%beat
Revenue / Est. (CAD)
536.00M / -
Fiscal Q3 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in CAD
Loading Previous Earnings...
Revenue
Net income
All values in CAD
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
599.00M
565.00M
487.00M
536.00M
Cost of goods sold
443.00M
373.00M
222.00M
296.00M
Cost of revenue
443.00M
373.00M
222.00M
296.00M
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
-
-
-
-
Operating expense
86.00M
100.00M
103.00M
90.00M
Total operating expenses
529.00M
473.00M
325.00M
386.00M
Operating income
70.00M
92.00M
162.00M
150.00M
Other non operating income
-
-
-
-
EBT including unusual items
-42.00M
23.00M
80.00M
100.00M
EBT excluding unusual items
6.00M
25.00M
98.00M
92.00M
Income tax expense
-2.00M
6.00M
28.00M
21.00M
Effective tax rate
4.76%
26.09%
35.00%
21.00%
Other operating expenses
-62.00M
-5.00M
-2.00M
-14.00M
Net income
-36.00M
13.00M
49.00M
77.00M
Net profit margin
-6.01%
2.30%
10.06%
14.37%
Earnings per share
-0.06
0.06
0.18
0.18
Interest and investment income
16.00M
14.00M
13.00M
14.00M
Interest expense
-81.00M
-82.00M
-84.00M
-75.00M
Net interest expenses
-65.00M
-68.00M
-71.00M
-61.00M
Depreciation and amortization charges
148.00M
105.00M
105.00M
104.00M
EBITDA
201.00M
210.00M
279.00M
267.00M
Gain or loss from assets sale
2.00M
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
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Type
Date
Shares
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