Eleven analysts set AltaGas stock's average target at CAD 60.36 before October 29 results

Published on 10/20/2026 at 21:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AltaGas targets a CAD 1.34 dividend for 2026, 6 percent above 2025. AltaGas stock costs EUR 35.40 on October 20, 2026.

Analyst target and reporting date

Eleven analysts put the average AltaGas target at CAD 60.36 on October 17, 2026.
AltaGas targets a CAD 1.34 dividend per share for 2026, 6 percent above 2025.
AltaGas stock was trading at EUR 35.40 at Lang & Schwarz on October 20, 2026 at 9:09 p.m. CEST.
AltaGas is scheduled to report third-quarter 2026 results on October 29, 2026.

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Eleven analysts put AltaGas's average 12-month target at CAD 60.36, according to Be The Puck on October 17, 2026. The target is a separate valuation reference from the company's Toronto-listed share price. AltaGas stock was trading at EUR 35.40 at Lang & Schwarz on October 20, 2026 at 9:09 p.m. CEST.

Dividend target reaches CAD 1.34

AltaGas targets a CAD 1.34 dividend per share for 2026, 6 percent above the 2025 level, according to the company's investor materials. The five-year dividend growth target is 5 to 7 percent annually, while the planned earnings payout ratio is 50 to 60 percent, based on the AltaGas investor page.

October 29 brings the next report

AltaGas is scheduled to release third-quarter 2026 results before the market opens on October 29, 2026. The company said in its release that a conference call would follow at 11:00 a.m. ET, giving investors a defined date for the next earnings update, as reported by Yahoo Finance on October 8, 2026.

Price sits below its yearly high

The Toronto Stock Exchange quote was CAD 55.91 at 3:12 p.m. ET on October 20, 2026. AltaGas's 52-week range was CAD 39.45 to CAD 57.52, placing the share CAD 1.61 below its high and CAD 16.46 above its low. Trading volume stood at 420,238 shares.

What does the 28.44 ratio mean?

AltaGas carried a trailing price-to-earnings ratio of 28.44 and a market capitalization of CAD 17.4 billion on October 20, 2026. The company operates regulated gas utilities and midstream infrastructure, giving the upcoming report two measurable areas to watch: regulated rate-base growth and export volumes.

Investor dates and valuation

The second-quarter 2026 call reported normalized EBITDA of CAD 391 million, up 14 percent from the second quarter of 2025. Management also raised normalized EBITDA guidance to CAD 2.0 billion to CAD 2.1 billion for 2026 and reported leverage of 4.4 times adjusted net debt to normalized EBITDA, according to Yahoo Finance on July 30, 2026.

Stock price and investor view

The market setup combines a CAD 60.36 average analyst target with a CAD 17.4 billion equity value and a third-quarter reporting date. The October 29 release will provide the next company-specific test for the 2026 guidance and dividend plan.

AltaGas stock was trading at EUR 35.40 at Lang & Schwarz on October 20, 2026 at 9:09 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of AltaGas stock.