Brokers Set Expectations for Talen Energy FY2025 Earnings

Talen Energy Corporation (NASDAQ:TLN - Free Report) - Investment analysts at Seaport Res Ptn cut their FY2025 earnings per share estimates for shares of Talen Energy in a research note issued on Tuesday, October 22nd. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will earn $7.78 per share for the year, down from their prior estimate of $7.99. The consensus estimate for Talen Energy's current full-year earnings is $13.78 per share. Seaport Res Ptn also issued estimates for Talen Energy's FY2027 earnings at $23.19 EPS and FY2028 earnings at $38.05 EPS.

A number of other equities analysts have also recently commented on TLN. JPMorgan Chase & Co. assumed coverage on Talen Energy in a report on Thursday, October 17th. They set an "overweight" rating and a $268.00 price target for the company. BWS Financial boosted their price target on Talen Energy from $145.00 to $185.00 and gave the stock a "buy" rating in a report on Friday, September 6th. Jefferies Financial Group assumed coverage on Talen Energy in a report on Friday, September 13th. They set a "buy" rating and a $226.00 price target for the company. Guggenheim boosted their price target on Talen Energy from $219.00 to $246.00 and gave the stock a "buy" rating in a report on Tuesday, October 8th. Finally, Barclays lowered their price target on Talen Energy from $207.00 to $202.00 and set an "overweight" rating for the company in a report on Monday. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $205.33.

Talen Energy Price Performance

Shares of Talen Energy stock traded up $1.99 during trading on Wednesday, reaching $182.99. 330,881 shares of the company's stock were exchanged, compared to its average volume of 608,084. The company has a debt-to-equity ratio of 1.02, a current ratio of 4.51 and a quick ratio of 3.86. Talen Energy has a 1-year low of $52.01 and a 1-year high of $197.61. The firm's 50-day moving average price is $122.51 and its 200 day moving average price is $98.42.

Talen Energy (NASDAQ:TLN - Get Free Report) last released its earnings results on Tuesday, August 13th. The utilities provider reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of ($1.14) by $1.33. The firm had revenue of $489.00 million during the quarter, compared to the consensus estimate of $437.50 million. Talen Energy had a return on equity of 2.27% and a net margin of 41.79%.

Institutional Investors Weigh In On Talen Energy

Institutional investors and hedge funds have recently made changes to their positions in the stock. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT acquired a new stake in shares of Talen Energy in the third quarter valued at about $7,967,000. Mcdaniel Terry & Co. acquired a new stake in shares of Talen Energy in the third quarter valued at about $371,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of Talen Energy in the third quarter valued at about $29,464,000. Guidance Capital Inc. acquired a new stake in shares of Talen Energy in the third quarter valued at about $348,000. Finally, Shikiar Asset Management Inc. acquired a new stake in shares of Talen Energy in the second quarter valued at about $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.