Logo image of RNW.CA

TransAlta Renewables Inc (RNW.CA) Stock Price, Forecast & Analysis

Canada - Toronto Stock Exchange - TSX:RNW - CA8934631091 - Common Stock

12.48 CAD
+0.14 (+1.13%)
Last: 10/10/2023, 7:00:00 PM

RNW.CA Key Statistics, Chart & Performance

Key Statistics
Market Cap3.33B
Revenue(TTM)496.00M
Net Income(TTM)78.00M
Shares266.90M
Float106.45M
52 Week High14.74
52 Week Low10.63
Yearly Dividend0.94
Dividend Yield7.53%
EPS(TTM)0.3
PE41.6
Fwd PE17.37
Earnings (Next)N/A N/A
IPO2013-08-09
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
GICS IndustryGroupUtilities
GICS SubIndustryRenewable Electricity


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 Latest News, Press Relases and Analysis

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
NPI-PR-A.CA NORTHLAND POWER INC - NPICN 5.547 PERP 26.3 6.33B
NPI-PR-B.CA NORTHLAND POWER INC - NPICN 2.19 PERP 24.42 5.88B
NPI.CA NORTHLAND POWER INC 18.74 4.51B
BLX.CA BORALEX INC -A 225.73 2.55B
PIF.CA POLARIS RENEWABLE ENERGY INC 53.27 246.00M
WEB.CA WESTBRIDGE RENEWABLE ENERGY 3.54 54.60M
REVV.CA REVOLVE RENEWABLE POWER CORP N/A 12.34M
RE.CA RE ROYALTIES LTD N/A 9.54M
JPWR-H.CA JADE POWER TRUST 11.25 5.48M
NKW-H.CA OCEANIC WIND ENERGY INC 2.75 4.80M
SOLR.CA SOLAR ALLIANCE ENERGY INC N/A 4.43M
BRF-PR-A.CA BROOKFIELD RENEW POW PFD - BRCUCN 5.203 PERP N/A 192.68M

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

RNW Company Website

Phone: 18003873598.0

TransAlta Renewables Inc / RNW.CA FAQ

What does TransAlta Renewables Inc do?

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.


What is the current price of RNW stock?

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


Does RNW stock pay dividends?

TransAlta Renewables Inc (RNW.CA) has a dividend yield of 7.53%. The yearly dividend amount is currently 0.94.


How is the ChartMill rating for TransAlta Renewables Inc?

RNW.CA has a ChartMill Technical rating of 1 out of 10 and a ChartMill Fundamental rating of 4 out of 10.


Which stock exchange lists RNW stock?

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


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.


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. Both the profitability and the financial health of RNW.CA get a neutral evaluation. Nothing too spectacular is happening here.


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 Forecast & Estimates

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.

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


Analysts
Analysts50.77
Price Target13.25 (6.17%)
EPS Next Y123%
Revenue Next Year-10.98%

RNW.CA Ownership

Ownership
Inst Owners12.12%
Ins OwnersN/A
Short Float %N/A
Short RatioN/A