Seaport Res Ptn Reduces Earnings Estimates for Talen Energy

Talen Energy Corporation (NASDAQ:TLN) – Equities research analysts at Seaport Res Ptn decreased their FY2025 earnings per share (EPS) estimates for shares of Talen Energy in a note issued to investors on Tuesday, October 22nd. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings per share of $7.78 for the year, down from their previous forecast of $7.99. The consensus estimate for Talen Energy’s current full-year earnings is $13.78 per share. Seaport Res Ptn also issued estimates for Talen Energy’s FY2027 earnings at $23.19 EPS and FY2028 earnings at $38.05 EPS.

Talen Energy (NASDAQ:TLN) last posted its quarterly earnings data on Tuesday, August 13th. The utilities provider reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of ($1.14) by $1.33. Talen Energy had a return on equity of 2.27% and a net margin of 41.79%. The company had revenue of $489.00 million for the quarter, compared to analyst estimates of $437.50 million.

A number of other equities analysts have also recently issued reports on TLN. Barclays cut their price objective on shares of Talen Energy from $207.00 to $202.00 and set an “overweight” rating on the stock in a research report on Monday. JPMorgan Chase & Co. began coverage on Talen Energy in a report on Thursday, October 17th. They set an “overweight” rating and a $268.00 price target for the company. Guggenheim increased their price objective on shares of Talen Energy from $219.00 to $246.00 and gave the company a “buy” rating in a research note on Tuesday, October 8th. Jefferies Financial Group initiated coverage on Talen Energy in a report on Friday, September 13th. They set a “buy” rating and a $226.00 price target on the stock. Finally, Royal Bank of Canada started coverage on Talen Energy in a research note on Thursday, September 26th. They issued an “outperform” rating and a $233.00 price objective for the company. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, Talen Energy has an average rating of “Buy” and an average target price of $205.33.

Talen Energy Price Performance

Shares of TLN stock opened at $183.07 on Wednesday. Talen Energy has a fifty-two week low of $52.01 and a fifty-two week high of $197.61. The company has a current ratio of 4.51, a quick ratio of 3.86 and a debt-to-equity ratio of 1.02. The stock has a 50 day simple moving average of $123.90 and a two-hundred day simple moving average of $99.00.

Institutional Trading of Talen Energy

Several hedge funds and other institutional investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC purchased a new position in Talen Energy in the 3rd quarter valued at approximately $29,464,000. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT bought a new position in shares of Talen Energy in the third quarter worth $7,967,000. Shikiar Asset Management Inc. bought a new position in shares of Talen Energy in the second quarter worth $278,000. Mcdaniel Terry & Co. purchased a new position in shares of Talen Energy in the third quarter valued at $371,000. Finally, Mount Yale Investment Advisors LLC bought a new stake in shares of Talen Energy during the 3rd quarter valued at $361,000. Institutional investors 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.