TransAlta Renewables (RNW.TO) Stock Price
TransAlta Renewables Price
Revenue has compounded at 9.5% per year over the past 12 years to 560.00 M CAD. Earnings per share have grown at 5.8% per year over the last 12 years. TransAlta Renewables's net margin stands at 13.2%, down from 51.1% several years earlier. TransAlta Renewables currently offers a dividend yield of about 7.53%. The payout ratio is around 339% of earnings. The dividend has grown at 13.6% per year over the past 9 years. Analysts set a median price target of 13.26 CAD, implying 6.3% above the current price. Of 13 analysts, 1 rate the stock a buy — an overall Hold consensus.
TransAlta Renewables stock price
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TransAlta Renewables business model & stock analysis
Frequently asked questions about TransAlta Renewables
TransAlta Renewables Inc. operates as a company that generates and sells electrical energy. The company's business model revolves around owning and operating renewable power generation facilities, including wind, hydro, and solar projects. By harnessing renewable energy sources, TransAlta Renewables aims to provide sustainable electricity to customers while minimizing environmental impact. This approach aligns with the growing global focus on reducing greenhouse gas emissions and transitioning to greener power sources. TransAlta Renewables continually invests in innovative technologies and strategic partnerships to expand its renewable energy portfolio and contribute to a cleaner and more sustainable energy future.
TransAlta Renewables Inc is primarily active in the renewable energy industry.
The main competitors of TransAlta Renewables Inc in the market include Brookfield Renewable Partners, Innergex Renewable Energy Inc, and NextEra Energy Partners.
TransAlta Renewables Inc. is a leading renewable energy company based in Canada. With a rich history and strong background, TransAlta Renewables has been operating since 2013. It was formed as a subsidiary of TransAlta Corporation and has since evolved into a separate publicly traded entity. The company focuses on acquiring and operating renewable power generation facilities, including wind, hydro, and solar energy projects. TransAlta Renewables has a diversified portfolio spread across Canada, the United States, and Australia. As a prominent player in the renewable energy sector, TransAlta Renewables Inc. continues to expand its operations, contribute to a cleaner energy future, and generate sustainable returns for its shareholders.
TransAlta Renewables Inc has achieved several significant milestones. One notable accomplishment is the acquisition of various renewable energy facilities, expanding its portfolio and enhancing its overall production capacity. Additionally, the company has successfully completed several high-profile projects, including the Kent Hills Wind Facility in New Brunswick and the Australian Green Tower Solar Project. TransAlta Renewables Inc has also established strong partnerships and collaborations, further solidifying its position in the renewable energy industry. These milestones demonstrate the company's commitment to sustainable energy solutions and position it as a leader in the sector.
TransAlta Renewables Inc primarily operates in Canada and the United States. As a leading clean energy company, TransAlta Renewables focuses on generating and selling electricity through a diverse portfolio of renewable power generation facilities. With an extensive presence in Alberta, Canada, TransAlta Renewables also has assets and operations in other Canadian provinces, including Ontario, Quebec, and Saskatchewan. In addition, the company has a growing presence in the United States, primarily in the states of Wyoming, Massachusetts, and Minnesota. Through its strategically located renewable energy projects, TransAlta Renewables aims to contribute to the transition towards a sustainable energy future in these regions.
TransAlta Renewables Inc represents a commitment to sustainable energy and environmental responsibility. As a leading renewable power generation company, TransAlta Renewables Inc focuses on harnessing clean and renewable energy sources such as wind, hydro, and solar power. They prioritize sustainable operations and aim to reduce greenhouse gas emissions. With a dedication to long-term partnerships and community engagement, TransAlta Renewables Inc strives to deliver value to their stakeholders while contributing to a greener future. The company's corporate philosophy revolves around innovation, transparency, and operational excellence, driving their efforts to maximize renewable energy generation and create a positive impact on the environment.
Analysts currently set an average price target of 13.25 CAD for the TransAlta Renewables stock (median: 13.26 CAD), implying +6.1 % versus the latest price. The consensus is based on 13 analyst ratings.
13 analysts currently rate the TransAlta Renewables stock: 1 recommend buying, 7 holding and 5 selling.
Converted at the current exchange rate, the TransAlta Renewables share trades at 7.87 EUR (12.48 CAD).
The TransAlta Renewables share (RNW.TO) is listed on 4 stock exchanges, including: Toronto (RNW.TO), Frankfurt (0TA.F), München (0TA.MU), Düsseldorf (0TA.DU).
TransAlta Renewables Inc. (TARI) is an energy company specializing in green energy sources. The company was founded in 2013 and is headquartered in Calgary, Canada. TARI operates a comprehensive portfolio of renewable energy and is one of the largest operators of wind, solar, and hydroelectric power plants in North America and Australia. TARI's business model is based on the development, construction, operation, and maintenance of renewable energy facilities. The company is divided into various sectors, namely wind, solar, hydroelectric, and gas power plants. TARI operates multiple wind farms in North America and Australia in the wind energy sector. These wind power plants have an installed capacity of over 1,400 MW and generate energy for more than 300,000 households. TARI also operates the largest wind power plant in Canada, the Cowley Ridge Wind Project in Alberta. TARI also operates a variety of solar power plants in North America. These facilities have an installed capacity of over 110 MW and generate energy for more than 20,000 households. TARI utilizes solar energy for power generation by using solar panels that absorb sunlight and convert it into electricity. In the hydroelectric sector, TARI operates several hydroelectric power plants in Canada, with an installed capacity of over 290 MW and generating energy for more than 100,000 households. These hydroelectric power plants harness the power of water to generate electricity. TARI also operates gas power plants in Australia, with an installed capacity of over 226 MW and utilizing combined cycle gas turbine (CCGT) technology. These power plants generate energy through the combustion of natural gas and produce significantly less carbon-based emissions than conventional coal-fired power plants. TARI's core products are renewable energy generated from wind, hydro, solar, and gas power. The company sells the produced energy to energy traders, utilities, and other companies in need of clean energy sources. TARI also specializes in trading renewable energy certificates produced by its facilities. Energy certificates serve as evidence that renewable energy has been produced and fed into the grid and can be purchased by energy providers and companies to improve their own environmental footprint. In conclusion, TransAlta Renewables Inc.'s business model is focused on the generation and sale of renewable energy. The company operates a variety of wind, solar, hydro, and gas power plants and offers its energy products and services to utilities, energy traders, and companies. TARI's business model is aligned with sustainability and environmental friendliness, contributing to the transition from coal to renewable energy sources.
The revenue cannot currently be calculated for TransAlta Renewables.
The profit cannot currently be calculated for TransAlta Renewables.
The P/E ratio cannot be calculated for TransAlta Renewables at the moment.
The P/S cannot be calculated for TransAlta Renewables currently.
The Eulerpool Quality Score for TransAlta Renewables is 4/10.
The ISIN of TransAlta Renewables is CA8934631091. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of TransAlta Renewables is RNW.TO. The ticker symbol is used to trade TransAlta Renewables shares on the stock exchange.
TransAlta Renewables stock
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All fundamentals and in-depth analysis of TransAlta Renewables
Our stock analysis for TransAlta Renewables stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TransAlta Renewables. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.