Seaport Res Ptn Predicts Lower Earnings for Talen Energy

Talen Energy Corporation (NASDAQ:TLN) – Seaport Res Ptn decreased their FY2025 earnings per share (EPS) estimates for shares of Talen Energy in a research note issued to investors on Tuesday, October 22nd. Seaport Res Ptn analyst A. Storozynski now forecasts 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 $13.79 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 announced its earnings results on Tuesday, August 13th. The utilities provider reported $0.19 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 business had revenue of $489.00 million during the quarter, compared to the consensus estimate of $437.50 million.

Several other research analysts also recently weighed in on the stock. BWS Financial lifted their target price on shares of Talen Energy from $145.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday, September 6th. Royal Bank of Canada started coverage on shares of Talen Energy in a research report on Thursday, September 26th. They set an “outperform” rating and a $233.00 price objective on the stock. UBS Group started coverage on Talen Energy in a report on Wednesday, September 18th. They issued a “buy” rating and a $197.00 target price for the company. Barclays decreased their target price on Talen Energy from $207.00 to $202.00 and set an “overweight” rating for the company in a research report on Monday. Finally, JPMorgan Chase & Co. assumed coverage on Talen Energy in a research report on Thursday, October 17th. They set an “overweight” rating and a $268.00 price target on the stock. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $205.33.

Talen Energy Trading Down 2.8 %

NASDAQ TLN opened at $177.98 on Wednesday. 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 1 year low of $52.01 and a 1 year high of $197.61. The stock’s 50-day moving average price is $125.17 and its two-hundred day moving average price is $99.53.

Institutional Investors Weigh In On Talen Energy

Several large investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC acquired a new stake in shares of Talen Energy in the 3rd quarter valued at $29,464,000. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT bought a new position in Talen Energy during the third quarter valued at about $7,967,000. Riggs Asset Managment Co. Inc. acquired a new stake in shares of Talen Energy in the third quarter worth about $1,001,000. Shikiar Asset Management Inc. bought a new stake in shares of Talen Energy during the 2nd quarter worth about $278,000. Finally, Mcdaniel Terry & Co. acquired a new position in shares of Talen Energy during the 3rd quarter valued at about $371,000. Institutional investors own 0.38% of the company’s stock.

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.