Is TransAlta Corporation stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, TransAlta Corporation pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Thursday 29th of February 2024 were paid $0.13244 per share. Over the last 23 times between 2018 and 2024, TransAlta Corporation has paid $3.06026 with an average of $0.13 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for TransAlta Corporation 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $9.12, you would have made a profit of $0.386 per share or 4.23%
We do not have enough data to give you this answer.
TransAlta Corporation has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.25, the company's ability to pay off the debt is normal. TransAlta Corporation has a good net profit margin of 17.70% and should have high tolerances against inflation.
We have calculated the inflation risk for TransAlta Corporation to be low [0.4 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.