Seaport Res Ptn Reduces Earnings Estimates for Talen Energy

Talen Energy Corporation (NASDAQ:TLN) – Research analysts at Seaport Res Ptn decreased their FY2026 earnings estimates for shares of Talen Energy in a research report issued on Tuesday, October 22nd. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will earn $15.95 per share for the year, down from their previous forecast of $18.06. The consensus estimate for Talen Energy’s current full-year earnings is $13.79 per share.

Talen Energy (NASDAQ:TLN) last announced its earnings results on Tuesday, August 13th. The utilities provider reported $0.19 EPS for the quarter, topping the consensus estimate of ($1.14) by $1.33. Talen Energy had a net margin of 41.79% and a return on equity of 2.27%. The company had revenue of $489.00 million for the quarter, compared to analysts’ expectations of $437.50 million.

Other research analysts have also recently issued reports about the stock. Barclays lowered their target price on shares of Talen Energy from $207.00 to $202.00 and set an “overweight” rating on the stock in a report on Monday. Jefferies Financial Group began coverage on shares of Talen Energy in a research note on Friday, September 13th. They issued a “buy” rating and a $226.00 price objective on the stock. Oppenheimer lifted their price objective on shares of Talen Energy from $165.00 to $210.00 and gave the company an “outperform” rating in a research note on Tuesday, September 24th. Guggenheim lifted their price objective on shares of Talen Energy from $219.00 to $246.00 and gave the company a “buy” rating in a research note on Tuesday, October 8th. Finally, JPMorgan Chase & Co. began coverage on shares of Talen Energy in a research note on Thursday, October 17th. They issued an “overweight” rating and a $268.00 price objective on the stock. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Talen Energy presently has a consensus rating of “Buy” and a consensus target price of $205.33.

Talen Energy Stock Down 2.8 %

Shares of TLN opened at $177.98 on Thursday. Talen Energy has a 12 month low of $52.01 and a 12 month high of $197.61. The firm’s 50 day moving average is $125.17 and its 200-day moving average is $99.53. The company has a quick ratio of 3.86, a current ratio of 4.51 and a debt-to-equity ratio of 1.02.

Institutional Trading of Talen Energy

A number of hedge funds have recently added to or reduced their stakes in the stock. Spirit of America Management Corp NY acquired a new stake in Talen Energy in the third quarter valued at approximately $214,000. Guidance Capital Inc. acquired a new position in shares of Talen Energy during the third quarter worth $348,000. Mount Yale Investment Advisors LLC acquired a new position in shares of Talen Energy during the third quarter worth $361,000. Mcdaniel Terry & Co. acquired a new position in shares of Talen Energy during the third quarter worth $371,000. Finally, Shikiar Asset Management Inc. acquired a new position in shares of Talen Energy during the second quarter worth $278,000. Institutional investors and hedge funds own 0.38% of the company’s stock.

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.