Q3 Earnings Forecast for TransAlta Issued By Atb Cap Markets

TransAlta Co. (TSE:TA) (NYSE:TAC) – Atb Cap Markets lifted their Q3 2025 earnings estimates for TransAlta in a research report issued to clients and investors on Wednesday, May 7th. Atb Cap Markets analyst N. Heywood now expects that the company will earn $0.24 per share for the quarter, up from their previous forecast of $0.23. Atb Cap Markets also issued estimates for TransAlta’s Q1 2026 earnings at $0.13 EPS, Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.14 EPS, FY2026 earnings at $0.47 EPS and FY2027 earnings at $0.31 EPS.

Several other equities research analysts have also weighed in on the company. ATB Capital dropped their target price on TransAlta from C$19.00 to C$18.00 and set an “outperform” rating on the stock in a research report on Thursday. National Bankshares reduced their target price on shares of TransAlta from C$20.00 to C$16.00 and set an “outperform” rating for the company in a research note on Thursday. Desjardins dropped their price target on shares of TransAlta from C$16.00 to C$14.00 and set a “hold” rating on the stock in a research note on Tuesday, May 6th. Scotiabank reduced their price objective on TransAlta from C$17.00 to C$16.00 and set a “sector perform” rating for the company in a research report on Thursday. Finally, Royal Bank of Canada cut their target price on TransAlta from C$23.00 to C$20.00 and set an “outperform” rating on the stock in a research note on Thursday. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$18.00.

TransAlta Stock Up 1.7 %

TSE:TA opened at C$12.05 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.62 and a debt-to-equity ratio of 229.66. The stock has a 50 day moving average of C$12.79 and a 200-day moving average of C$15.43. The firm has a market capitalization of C$3.62 billion, a PE ratio of 17.18, a price-to-earnings-growth ratio of -0.07 and a beta of 0.93. TransAlta has a 52 week low of C$9.30 and a 52 week high of C$21.22.

Insider Transactions at TransAlta

In related news, Senior Officer Joel E. Hunter bought 45,000 shares of the business’s stock in a transaction dated Thursday, February 27th. The shares were bought at an average cost of C$14.99 per share, with a total value of C$674,752.50. Company insiders own 0.21% of the company’s stock.

TransAlta Company Profile

TransAlta is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia consisting of hydro, wind, solar, battery storage, gas and energy transition facilities. The majority of the company’s revenues are derived from the sale of generation capacity, electricity, thermal energy, environmental attributes, and byproducts of power generation.