Logo image of RNW.CA

TransAlta Renewables Inc (RNW.CA) Stock Price, Quote, News and Overview

TSX:RNW - Toronto Stock Exchange - CA8934631091 - Common Stock - Currency: CAD

12.48  +0.14 (+1.13%)

RNW.CA Quote, Performance and Key Statistics

TransAlta Renewables Inc

TSX:RNW (10/10/2023, 7:00:00 PM)

12.48

+0.14 (+1.13%)

Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
GICS IndustryGroupUtilities
GICS SubIndustryRenewable Electricity
Statistics
52 Week High14.74
52 Week Low10.63
Market Cap3.33B
Shares266.90M
Float106.45M
Yearly Dividend0.94
Dividend Yield7.53%
PE41.6
Fwd PE17.37
Earnings (Next)N/A N/A
IPO08-09 2013-08-09


RNW.CA short term performance overview.The bars show the price performance of RNW.CA in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 2 -2 -4

RNW.CA long term performance overview.The bars show the price performance of RNW.CA in the last 1, 2 and 3 years. 1 year 2 years 3 years -10 -20 -30

The current stock price of RNW.CA is 12.48 CAD. In the past month the price decreased by -5.88%. In the past year, price decreased by -1.81%.

TransAlta Renewables Inc / RNW Daily stock chart

RNW.CA Competitors/Peers

The largest stocks on the Canadian markets in the "Renewable Electricity" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
INE-DB-B.CA INNERGEX RENEWABLE ENERG 384.62 20.31B
INE-DB-C.CA INNERGEX RENEWABLE ENERG 384.62 20.31B
BEP-UN.CA BROOKFIELD RENEWABLE PARTNER N/A 8.99B
BEP-PR-G.CA BROOKFIELD RENEWABLE PAR - BEPUCN 5 1/2 PERP N/A 7.12B
BEPC.CA BROOKFIELD RENEWABLE CORP N/A 7.01B
BEP-PR-M.CA BROOKFIELD RENEWABLE PAR - BEPUCN 6.05 PERP N/A 6.54B
BEP-PR-R.CA BROOKFIELD RENEWABLE PAR - BEPUCN 5 1/2 PERP N/A 5.64B
NPI-PR-B.CA NORTHLAND POWER INC - NPICN 2.65 PERP 19.75 5.32B
INE-PR-C.CA INNERGEX RENEWABLE ENERG - INECN 5 3/4 PERP 95.96 5.07B
NPI-PR-A.CA NORTHLAND POWER INC - NPICN 3.2 PERP 18.64 5.02B
INE-PR-A.CA INNERGEX RENEWABLE ENERG - INECN 3.244 PERP 95 5.02B
NPI.CA NORTHLAND POWER INC 17.75 4.78B

About RNW.CA

Company Profile

RNW logo image TransAlta Renewables, Inc. engages in the acquisition of renewable power generation facilities in operation or under construction. The company is headquartered in Calgary, Alberta. The company went IPO on 2013-08-09. The Company’s asset platform and economic interests are diversified and consist of interests in about 26 wind facilities, 11 hydroelectric facilities, eight natural gas generation facilities, two solar facilities, one natural gas pipeline, and one battery storage project, representing an ownership interest of approximately 2,965 megawatts of net owned generating capacity, located in the provinces of British Columbia, Alberta, Ontario, Quebec, New Brunswick, the States of Pennsylvania, New Hampshire, Wyoming, Massachusetts, Michigan, Minnesota, Washington, North Carolina, and the State of Western Australia. Its segments include Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australian Gas. The Canadian Gas segment is comprised solely of the Sarnia cogeneration facility. Its facilities include Antrim Wind Project, North Carolina Solar, Moose Rapids, and others.

Company Info

TransAlta Renewables Inc

110 12th Avenue Southwest, PO Box 1900

Calgary ALBERTA T2P 2M1 CA

CEO: Brett M. Gellner

Employees: 0

Company Website: https://www.transaltarenewables.com/

Phone: 18003873598.0

TransAlta Renewables Inc / RNW.CA FAQ

What is the stock price of TransAlta Renewables Inc today?

The current stock price of RNW.CA is 12.48 CAD. The price increased by 1.13% in the last trading session.


What is the ticker symbol for TransAlta Renewables Inc stock?

The exchange symbol of TransAlta Renewables Inc is RNW and it is listed on the Toronto Stock Exchange exchange.


On which exchange is RNW.CA stock listed?

RNW.CA stock is listed on the Toronto Stock Exchange exchange.


What is the price forecast or stock price prediction for TransAlta Renewables Inc stock?

13 analysts have analysed RNW.CA and the average price target is 13.25 CAD. This implies a price increase of 6.14% is expected in the next year compared to the current price of 12.48. Check the TransAlta Renewables Inc stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is TransAlta Renewables Inc worth?

TransAlta Renewables Inc (RNW.CA) has a market capitalization of 3.33B CAD. This makes RNW.CA a Mid Cap stock.


How many employees does TransAlta Renewables Inc have?

TransAlta Renewables Inc (RNW.CA) currently has 0 employees.


What are the support and resistance levels for TransAlta Renewables Inc (RNW.CA) stock?

TransAlta Renewables Inc (RNW.CA) has a support level at 11.99 and a resistance level at 12.62. Check the full technical report for a detailed analysis of RNW.CA support and resistance levels.


Is TransAlta Renewables Inc (RNW.CA) expected to grow?

The Revenue of TransAlta Renewables Inc (RNW.CA) is expected to decline by -10.98% in the next year. Check the estimates tab for more information on the RNW.CA EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy TransAlta Renewables Inc (RNW.CA) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does TransAlta Renewables Inc (RNW.CA) stock pay dividends?

TransAlta Renewables Inc (RNW.CA) has a dividend yield of 7.53%. The yearly dividend amount is currently 0.94. Check the full fundamental report for a detailed analysis of RNW.CA dividend history, reliability and sustainability.


What is the Price/Earnings (PE) ratio of TransAlta Renewables Inc (RNW.CA)?

The PE ratio for TransAlta Renewables Inc (RNW.CA) is 41.6. This is based on the reported non-GAAP earnings per share of 0.3 and the current share price of 12.48 CAD. Check the full fundamental report for a full analysis of the valuation metrics for RNW.CA.


RNW.CA Technical Analysis

ChartMill assigns a technical rating of 1 / 10 to RNW.CA. When comparing the yearly performance of all stocks, RNW.CA turns out to be only a medium performer in the overall market: it outperformed 56.47% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

RNW.CA Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to RNW.CA. RNW.CA has only an average score on both its financial health and profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

RNW.CA Financial Highlights

Over the last trailing twelve months RNW.CA reported a non-GAAP Earnings per Share(EPS) of 0.3. The EPS decreased by -30.07% compared to the year before.


Industry RankSector Rank
PM (TTM) 15.73%
ROA 2.49%
ROE 4.72%
Debt/Equity 0.45
Chartmill High Growth Momentum
EPS Q2Q%2.04%
Sales Q2Q%-28.78%
EPS 1Y (TTM)-30.07%
Revenue 1Y (TTM)-7.12%

RNW.CA Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 51% to RNW.CA. The Buy consensus is the average rating of analysts ratings from 13 analysts.

For the next year, analysts expect an EPS growth of 123% and a revenue growth -10.98% for RNW.CA


Ownership
Inst Owners12.12%
Ins OwnersN/A
Short Float %N/A
Short RatioN/A
Analysts
Analysts50.77
Price Target13.25 (6.17%)
EPS Next Y123%
Revenue Next Year-10.98%