FY2025 EPS Estimates for Talen Energy Cut by Seaport Res Ptn

Talen Energy Corporation (NASDAQ:TLN) – Analysts at Seaport Res Ptn dropped their FY2025 EPS estimates for Talen Energy in a research report issued on Wednesday, March 5th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will post earnings of $8.08 per share for the year, down from their previous forecast of $8.50. 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 FY2026 earnings at $17.42 EPS, FY2027 earnings at $25.55 EPS and FY2028 earnings at $36.22 EPS.

A number of other brokerages also recently issued reports on TLN. UBS Group increased their target price on Talen Energy from $242.00 to $269.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. Barclays reduced their target price on Talen Energy from $293.00 to $282.00 and set an “overweight” rating for the company in a report on Tuesday. Oppenheimer upped their price target on shares of Talen Energy from $225.00 to $250.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Bank of America initiated coverage on shares of Talen Energy in a research note on Monday, February 3rd. They issued a “buy” rating and a $253.00 price objective for the company. Finally, Daiwa Capital Markets initiated coverage on shares of Talen Energy in a report on Wednesday, December 4th. They set a “buy” rating and a $248.00 price objective on the stock. Eleven research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $246.00.

Talen Energy Trading Down 2.4 %

NASDAQ TLN opened at $176.24 on Friday. Talen Energy has a 52-week low of $83.14 and a 52-week high of $258.03. The firm has a 50-day moving average price of $222.09 and a 200 day moving average price of $181.48. The stock has a market capitalization of $8.10 billion, a P/E ratio of 9.43, a P/E/G ratio of 2.70 and a beta of 2.00. The company has a quick ratio of 3.37, a current ratio of 4.10 and a debt-to-equity ratio of 1.07.

Insiders Place Their Bets

In other Talen Energy news, major shareholder Rubric Capital Management Lp sold 4,893,507 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $204.35, for a total transaction of $999,988,155.45. Following the completion of the transaction, the insider now owns 6,475,107 shares of the company’s stock, valued at approximately $1,323,188,115.45. This trade represents a 43.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.18% of the stock is currently owned by company insiders.

Institutional Trading of Talen Energy

Large investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets purchased a new position in Talen Energy in the 3rd quarter valued at about $36,000. Allworth Financial LP lifted its stake in shares of Talen Energy by 170.6% during the fourth quarter. Allworth Financial LP now owns 184 shares of the utilities provider’s stock valued at $37,000 after buying an additional 116 shares during the period. Jones Financial Companies Lllp purchased a new position in shares of Talen Energy during the fourth quarter valued at approximately $37,000. Geneos Wealth Management Inc. acquired a new stake in Talen Energy during the fourth quarter worth approximately $39,000. Finally, Empowered Funds LLC purchased a new stake in Talen Energy in the 4th quarter worth approximately $42,000. 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.