Talen Energy (TLN) to Release Earnings on Thursday

Talen Energy (NASDAQ:TLN) is set to release its earnings data before the market opens on Thursday, November 14th. Analysts expect Talen Energy to post earnings of $1.63 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

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. 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 during the quarter, compared to analyst estimates of $437.50 million. On average, analysts expect Talen Energy to post $15 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Talen Energy Trading Up 1.3 %

TLN stock opened at $192.13 on Thursday. The company has a debt-to-equity ratio of 1.02, a current ratio of 4.51 and a quick ratio of 3.86. The stock’s fifty day simple moving average is $137.43 and its two-hundred day simple moving average is $106.87. Talen Energy has a 1-year low of $52.01 and a 1-year high of $198.00.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Oppenheimer increased their price target on shares of Talen Energy from $165.00 to $210.00 and gave the company an “outperform” rating in a research report on Tuesday, September 24th. UBS Group initiated coverage on shares of Talen Energy in a research report on Wednesday, September 18th. They set a “buy” rating and a $197.00 target price for the company. BWS Financial upped their price objective on Talen Energy from $145.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, September 6th. Barclays lowered their target price on Talen Energy from $207.00 to $202.00 and set an “overweight” rating on the stock in a research note on Monday, October 21st. Finally, JPMorgan Chase & Co. began coverage on shares of Talen Energy in a research report on Thursday, October 17th. They set an “overweight” rating and a $268.00 target price for the company. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $205.33.

About Talen Energy

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.