AltaGas stock traded 1.72 percent below its 52-week high

Published on 10/17/2026 at 22:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AltaGas stock rose 2.30 percent to CAD 56.53 on October 16, 2026. Analysts set a CAD 60.18 target on October 16.

Investor markers for AltaGas

AltaGas traded 1.72 percent below its 52-week high on October 16, 2026.
The analyst consensus stood 6.46 percent above the quote on October 16, 2026.
AltaGas stock cost CAD 56.53 at 4:00 p.m. ET on October 16, 2026, up 2.30 percent on the TSX versus the prior close.
AltaGas will release third-quarter 2026 results on October 29, 2026.

ALA, CA0213611001, Illustration mit AI erstellt.

AltaGas stock traded 1.72 percent below its 52-week high of CAD 57.52 on October 16, 2026. The average analyst target stood at CAD 60.18, or 6.46 percent above the quote, according to Stock Analysis on October 16, 2026. AltaGas was quoted at CAD 56.53 at 4:00 p.m. ET, up 2.30 percent against the TSX prior close.

Analyst target leaves 6.46 percent

The consensus covered 11 analysts and placed the target 6.46 percent above AltaGas's October 16 quote. That gap is narrower than the stock's 18.16 percent distance above its 52-week low of CAD 39.45, while the price remained 1.72 percent below the high.

AltaGas also lists a 2026 dividend of CAD 1.34 per share, a 6.00 percent increase from 2025. Its investor materials describe a five-year annual dividend growth target of 5.00 to 7.00 percent and a payout-ratio target of 50.00 to 60.00 percent, according to AltaGas.

Price position and trading range

The October 16 quote moved between CAD 55.30 and CAD 56.74, with 567,024 shares traded against a 20-day average of 894,062. The 52-week range was CAD 39.45 to CAD 57.52, putting the quote near the upper end of its annual range.

AltaGas reported CAD 13.0 billion in revenue for fiscal year 2025 and listed CAD 27.0 billion in total assets. The company will release its third-quarter 2026 results before the market opens on October 29, 2026, according to its AltaGas release dated October 8, 2026.

Valuation and October 29 results

AltaGas carried a market capitalization of CAD 17.6 billion and a price-to-earnings ratio of 28.75 on October 16, 2026. The annual dividend yield was 2.00 percent. The upcoming results will give investors a fresh operating update after the company reported fiscal-year revenue of CAD 13.0 billion.

Comparison with peers

AltaGas (TSX, CAD): plus 2.30 percent, P/E 28.75, market capitalization CAD 17.6 billion

Enbridge (TSX, CAD): plus 2.35 percent, P/E 22.68, market capitalization CAD 151.7 billion

TC Energy (TSX, CAD): plus 2.98 percent, P/E 26.17, market capitalization CAD 90.8 billion

AltaGas near its annual high

AltaGas finished the October 16 session 1.72 percent below its 52-week high, while its CAD 60.18 consensus target stood 6.46 percent above the quote. The next scheduled results date is October 29, 2026.

AltaGas was last quoted at CAD 56.53 on the Toronto Stock Exchange on October 16, 2026 at 4:00 p.m. ET, up 2.30 percent versus the TSX prior close.