TransAlta dividend and valuation

TA · TSX · CAD

$17.75Change from previous close: +0.91%Absolute change: +$0.16

Close · October 5, 2026

Valuation

TransAlta paid $0.27 per share in dividends over the last 12 months (yield 1.5%). Last ex-dividend date: September 1, 2026. The average price target of 11 analysts is $23.50.

Data as of October 4, 2026

Valuation multiples

Market cap
$5.56B
Enterprise value
$10.51B
Forward P/E
29.7
PEG
6.98
Price/book
6.63
Price/sales
2.46
EV/EBITDA
12.4
EV/revenue
4.64

Profitability and growth

Gross margin
34.8%
Operating margin
33.3%
Net margin
-1.0%
ROE
-1.4%
ROA
2.4%
Revenue growth (year over year)
12.5%

Financial health

Total cash
$302M
Total debt
$4.24B
Debt/equity
2.29
Current ratio
0.84
Quick ratio
0.57

Dividends

Annual dividend per share
$0.27
Dividend yield
1.5%
Payout ratio
1,200.0%
Ex-dividend date
September 1, 2026

Analysts and estimates

Average price target
$23.50
Median price target
$24.00
High price target
$28.00
Low price target
$14.00
Analysts with a price target
11
Consensus
Buy
Forward EPS
$0.59
EPS estimate, current year
$0.34

Shares and trading

Beta
0.46
Average volume
1.9M
Shares outstanding
316.3M
Float
265.73M
Institutional ownership
81.1%
Insider ownership
0.3%
Short interest (% of float)
6.6%
Short ratio (days)
9.44