Seaport Res Ptn Predicts Reduced Earnings for Talen Energy

Talen Energy Corporation (NASDAQ:TLN - Free Report) - Seaport Res Ptn lowered their FY2026 EPS estimates for Talen Energy in a research note issued on Tuesday, June 3rd. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings per share of $17.68 for the year, down from their previous estimate of $17.87. The consensus estimate for Talen Energy's current full-year earnings is $15.94 per share.

TLN has been the topic of several other research reports. JPMorgan Chase & Co. reduced their target price on shares of Talen Energy from $295.00 to $265.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. Morgan Stanley began coverage on Talen Energy in a report on Wednesday, March 12th. They set an "overweight" rating and a $243.00 price target for the company. Evercore ISI started coverage on Talen Energy in a research report on Friday, February 21st. They issued an "outperform" rating for the company. Barclays decreased their target price on Talen Energy from $293.00 to $282.00 and set an "overweight" rating on the stock in a report on Tuesday, March 4th. Finally, Daiwa Capital Markets set a $200.00 price target on shares of Talen Energy in a research report on Wednesday, March 5th. One research analyst has rated the stock with a sell rating and twelve have issued a buy rating to the company's stock. According to MarketBeat.com, Talen Energy presently has an average rating of "Moderate Buy" and an average price target of $240.18.

Talen Energy Trading Down 1.6%

Shares of TLN opened at $255.94 on Friday. The company has a current ratio of 4.10, a quick ratio of 3.37 and a debt-to-equity ratio of 1.07. The stock has a market cap of $11.65 billion, a PE ratio of 13.70, a PEG ratio of 2.70 and a beta of 1.78. Talen Energy has a 1 year low of $98.50 and a 1 year high of $261.98. The stock has a 50 day simple moving average of $220.92 and a 200-day simple moving average of $216.76.

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its holdings in shares of Talen Energy by 290.8% during the first quarter. Geneos Wealth Management Inc. now owns 762 shares of the utilities provider's stock worth $152,000 after purchasing an additional 567 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Talen Energy by 15.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 49,050 shares of the utilities provider's stock valued at $9,794,000 after buying an additional 6,498 shares during the period. Zimmer Partners LP raised its position in shares of Talen Energy by 26.3% during the first quarter. Zimmer Partners LP now owns 15,370 shares of the utilities provider's stock worth $3,069,000 after acquiring an additional 3,200 shares during the last quarter. Clearline Capital LP acquired a new position in shares of Talen Energy in the first quarter worth approximately $18,547,000. Finally, Aristeia Capital L.L.C. boosted its holdings in Talen Energy by 95.0% in the first quarter. Aristeia Capital L.L.C. now owns 2,204 shares of the utilities provider's stock valued at $440,000 after acquiring an additional 1,074 shares during the last quarter. 0.38% of the stock is currently owned by institutional investors.

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.

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