Seaport Res Ptn Reduces Earnings Estimates for Talen Energy

Talen Energy Corporation (NASDAQ:TLN) – Analysts at Seaport Res Ptn dropped their FY2026 earnings estimates for Talen Energy in a report issued on Tuesday, October 22nd. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will post earnings of $15.95 per share for the year, down from their previous forecast of $18.06. The consensus estimate for Talen Energy’s current full-year earnings is $13.79 per share.

Talen Energy (NASDAQ:TLN) last released its earnings results on Tuesday, August 13th. The utilities provider reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.14) by $1.33. The business had revenue of $489.00 million for the quarter, compared to analyst estimates of $437.50 million. Talen Energy had a net margin of 41.79% and a return on equity of 2.27%.

Other equities analysts have also issued research reports about the stock. Jefferies Financial Group assumed coverage on shares of Talen Energy in a report on Friday, September 13th. They set a “buy” rating and a $226.00 price objective on the stock. Barclays dropped their price objective on shares of Talen Energy from $207.00 to $202.00 and set an “overweight” rating on the stock in a report on Monday. UBS Group assumed coverage on shares of Talen Energy in a report on Wednesday, September 18th. They set a “buy” rating and a $197.00 price objective on the stock. JPMorgan Chase & Co. assumed coverage on shares of Talen Energy in a report on Thursday, October 17th. They set an “overweight” rating and a $268.00 price objective on the stock. Finally, Oppenheimer upped their price objective on shares of Talen Energy from $165.00 to $210.00 and gave the company an “outperform” rating in a report on Tuesday, September 24th. Nine analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and an average price target of $205.33.

Talen Energy Trading Down 2.8 %

TLN stock opened at $177.98 on Thursday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 3.86 and a current ratio of 4.51. Talen Energy has a 12-month low of $52.01 and a 12-month high of $197.61. The company’s fifty day simple moving average is $125.17 and its 200 day simple moving average is $99.53.

Institutional Investors Weigh In On Talen Energy

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Spirit of America Management Corp NY purchased a new stake in Talen Energy in the 3rd quarter valued at about $214,000. Shikiar Asset Management Inc. purchased a new stake in Talen Energy in the 2nd quarter valued at about $278,000. Guidance Capital Inc. purchased a new stake in Talen Energy in the 3rd quarter valued at about $348,000. Mount Yale Investment Advisors LLC purchased a new stake in Talen Energy in the 3rd quarter valued at about $361,000. Finally, Mcdaniel Terry & Co. purchased a new stake in Talen Energy in the 3rd quarter valued at about $371,000. Institutional investors and hedge funds own 0.38% of the company’s stock.

Talen Energy Company Profile

Talen Energy Corporation is a U.S.-based energy and power generation company. The Company owns or controls approximately 16,000 megawatts of capacity in wholesale power markets, principally in the Northeast, Mid-Atlantic and Southwest regions of the United States. The Company generates and sells electricity, capacity and related products from power plants that use fuel sources, such as nuclear, natural gas and coal.