Brokers Set Expectations for Talen Energy FY2025 Earnings

Key Points

• Seaport Res Ptn has significantly lowered Talen Energy's FY2025 earnings per share estimate from $7.53 to $4.46, amidst a consensus estimate of $15.94 for the current full year.
• Despite the earnings downgrade, Talen Energy maintains a consensus rating of "Buy" from fifteen analysts, with a target price averaging $354.29.
• The stock recently opened at $400.92, with a 52-week range between $148.02 and $410.00, indicating substantial volatility and potential investor interest.

Talen Energy Corporation (NASDAQ:TLN - Free Report) - Equities research analysts at Seaport Res Ptn dropped their FY2025 EPS estimates for shares of Talen Energy in a report issued on Wednesday, September 10th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings per share of $4.46 for the year, down from their prior forecast of $7.53. The consensus estimate for Talen Energy's current full-year earnings is $15.94 per share.

A number of other research analysts have also weighed in on TLN. Oppenheimer set a $315.00 price target on shares of Talen Energy and gave the company an "outperform" rating in a research report on Friday, July 11th. Barclays lifted their target price on shares of Talen Energy from $418.00 to $440.00 and gave the company an "overweight" rating in a research report on Thursday. Morgan Stanley lifted their target price on shares of Talen Energy from $330.00 to $430.00 and gave the stock an "overweight" rating in a research note on Wednesday. Melius Research boosted their target price on shares of Talen Energy from $427.00 to $576.00 and gave the company a "buy" rating in a report on Wednesday. Finally, Wall Street Zen upgraded shares of Talen Energy from a "sell" rating to a "hold" rating in a research note on Monday, August 11th. Fifteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $354.29.

Talen Energy Trading Up 0.4%

Shares of TLN traded up $1.61 during trading hours on Friday, hitting $402.53. 435,205 shares of the stock were exchanged, compared to its average volume of 1,144,898. The firm has a market capitalization of $18.39 billion, a P/E ratio of 114.03, a price-to-earnings-growth ratio of 1.93 and a beta of 1.89. Talen Energy has a fifty-two week low of $148.02 and a fifty-two week high of $410.00. The business has a 50-day moving average of $353.19 and a 200-day moving average of $272.80. The company has a debt-to-equity ratio of 2.39, a current ratio of 1.84 and a quick ratio of 1.34.

Talen Energy (NASDAQ:TLN - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.13) by $2.63. The firm had revenue of $630.00 million during the quarter, compared to the consensus estimate of $481.48 million. Talen Energy had a net margin of 8.75% and a return on equity of 17.81%.

Insider Transactions at Talen Energy

In other news, major shareholder Rubric Capital Management Lp sold 178,000 shares of the business's stock in a transaction on Friday, June 27th. The stock was sold at an average price of $296.04, for a total value of $52,695,120.00. Following the completion of the transaction, the insider directly owned 5,734,970 shares of the company's stock, valued at $1,697,780,518.80. The trade was a 3.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders sold 388,530 shares of company stock worth $114,090,933 over the last ninety days.

Institutional Investors Weigh In On Talen Energy

Large investors have recently modified their holdings of the stock. Signaturefd LLC increased its position in Talen Energy by 310.0% during the first quarter. Signaturefd LLC now owns 123 shares of the utilities provider's stock worth $25,000 after buying an additional 93 shares during the last quarter. Brooklyn Investment Group acquired a new position in shares of Talen Energy during the 1st quarter worth about $25,000. Atlantic Union Bankshares Corp bought a new position in Talen Energy in the 2nd quarter valued at about $27,000. MAI Capital Management increased its holdings in shares of Talen Energy by 115.7% during the second quarter. MAI Capital Management now owns 110 shares of the utilities provider's stock worth $32,000 after purchasing an additional 59 shares during the period. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Talen Energy during the 1st quarter worth approximately $35,000. 0.38% of the stock is 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.