Talen Energy Corporation (NASDAQ:TLN – Free Report) – 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 – Get Free Report) 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.
Read Our Latest Stock Analysis on Talen Energy
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.
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