FY2025 EPS Estimates for Talen Energy Cut by Seaport Res Ptn

Talen Energy Corporation (NASDAQ:TLN - Free Report) - Stock analysts at Seaport Res Ptn cut their FY2025 earnings per share estimates for Talen Energy in a research report issued to clients and investors on Wednesday, June 11th. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings per share of $7.46 for the year, down from their previous estimate of $7.48. The consensus estimate for Talen Energy's current full-year earnings is $15.94 per share. Seaport Res Ptn also issued estimates for Talen Energy's FY2027 earnings at $27.62 EPS.

Talen Energy (NASDAQ:TLN - Get Free Report) last announced its earnings results on Thursday, May 8th. The utilities provider reported $0.82 earnings per share for the quarter, missing the consensus estimate of $1.17 by ($0.35). The business had revenue of $390.00 million for the quarter, compared to analysts' expectations of $556.93 million. Talen Energy had a return on equity of 8.59% and a net margin of 50.48%.

Several other research firms have also commented on TLN. Barclays reduced their price target on Talen Energy from $293.00 to $282.00 and set an "overweight" rating on the stock in a report on Tuesday, March 4th. Daiwa Capital Markets set a $200.00 price objective on Talen Energy in a research note on Wednesday, March 5th. Raymond James assumed coverage on shares of Talen Energy in a research note on Friday. They issued an "outperform" rating and a $314.00 price target on the stock. Morgan Stanley assumed coverage on shares of Talen Energy in a research note on Wednesday, March 12th. They set an "overweight" rating and a $243.00 price target for the company. Finally, UBS Group decreased their price target on Talen Energy from $275.00 to $259.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. One investment analyst has rated the stock with a sell rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $246.33.

Talen Energy Price Performance

Talen Energy stock traded up $2.17 during trading on Friday, reaching $277.16. The company had a trading volume of 1,013,312 shares, compared to its average volume of 1,090,043. The firm has a market capitalization of $12.61 billion, a PE ratio of 14.84, a price-to-earnings-growth ratio of 2.70 and a beta of 1.78. The firm's 50-day simple moving average is $228.05 and its 200 day simple moving average is $218.53. Talen Energy has a 1-year low of $98.50 and a 1-year high of $282.90. The company has a debt-to-equity ratio of 1.07, a quick ratio of 3.37 and a current ratio of 4.10.

Institutional Trading of Talen Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Signaturefd LLC raised its position in Talen Energy by 310.0% during the first quarter. Signaturefd LLC now owns 123 shares of the utilities provider's stock valued at $25,000 after purchasing an additional 93 shares in the last quarter. Brooklyn Investment Group acquired a new stake in Talen Energy during the first quarter worth approximately $25,000. Golden State Wealth Management LLC bought a new stake in Talen Energy in the first quarter valued at $35,000. LRI Investments LLC increased its holdings in shares of Talen Energy by 179.0% during the first quarter. LRI Investments LLC now owns 173 shares of the utilities provider's stock valued at $35,000 after acquiring an additional 111 shares in the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new position in Talen Energy during the 1st quarter valued at about $35,000. 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.