Brokers Issue Forecasts for TransAlta’s Q3 Earnings (TSE:TA)

TransAlta Co. (TSE:TA) (NYSE:TAC) – Equities researchers at Atb Cap Markets increased their Q3 2025 earnings per share (EPS) estimates for TransAlta in a report released on Wednesday, May 7th. Atb Cap Markets analyst N. Heywood now anticipates that the company will earn $0.24 per share for the quarter, up from their previous estimate 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.

TA has been the subject of a number of other reports. Royal Bank of Canada reduced their target price on shares of TransAlta from C$23.00 to C$20.00 and set an “outperform” rating for the company in a report on Thursday. Scotiabank dropped their price objective on shares of TransAlta from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a research note on Thursday. Cibc World Mkts raised shares of TransAlta from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 18th. National Bankshares reduced their price objective on shares of TransAlta from C$20.00 to C$16.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, ATB Capital decreased their price target on TransAlta from C$19.00 to C$18.00 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 given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, TransAlta has a consensus rating of “Moderate Buy” and an average target price of C$18.00.

TransAlta Stock Up 1.7 %

TA stock opened at C$12.05 on Friday. The company has a market cap of C$3.62 billion, a price-to-earnings ratio of 17.18, a price-to-earnings-growth ratio of -0.07 and a beta of 0.93. The company has a fifty day moving average price of C$12.79 and a 200 day moving average price of C$15.42. The company has a debt-to-equity ratio of 229.66, a current ratio of 0.74 and a quick ratio of 0.62. TransAlta has a 12 month low of C$9.30 and a 12 month high of C$21.22.

Insider Transactions at TransAlta

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

About TransAlta

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.