Seaport Res Ptn Forecasts Higher Earnings for Talen Energy

Talen Energy Corporation (NASDAQ:TLN - Free Report) - Investment analysts at Seaport Res Ptn increased their FY2025 earnings per share estimates for Talen Energy in a research report issued to clients and investors on Monday, March 31st. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will earn $8.52 per share for the year, up from their prior forecast of $8.08. 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 $18.29 EPS and FY2027 earnings at $26.09 EPS.

Several other research firms have also recently issued reports on TLN. Evercore ISI started coverage on shares of Talen Energy in a research report on Friday, February 21st. They issued an "outperform" rating for the company. JPMorgan Chase & Co. cut their target price on shares of Talen Energy from $295.00 to $265.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Barclays reduced their price target on shares of Talen Energy from $293.00 to $282.00 and set an "overweight" rating for the company in a report on Tuesday, March 4th. Daiwa Capital Markets set a $200.00 target price on Talen Energy in a research report on Wednesday, March 5th. Finally, Morgan Stanley began coverage on Talen Energy in a research report on Wednesday, March 12th. They set an "overweight" rating and a $243.00 price objective on the stock. Twelve research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $241.09.

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Talen Energy Trading Down 5.4 %

NASDAQ:TLN traded down $10.01 during mid-day trading on Wednesday, hitting $174.40. 2,379,726 shares of the stock traded hands, compared to its average volume of 1,129,594. The firm's 50 day moving average is $212.51 and its two-hundred day moving average is $193.44. The stock has a market capitalization of $7.94 billion, a price-to-earnings ratio of 9.34, a PEG ratio of 2.70 and a beta of 1.93. The company has a quick ratio of 3.37, a current ratio of 4.10 and a debt-to-equity ratio of 1.07. Talen Energy has a 52 week low of $98.50 and a 52 week high of $258.03.

Institutional Trading of Talen Energy

Hedge funds and other institutional investors have recently bought and sold shares of the stock. XTX Topco Ltd acquired a new stake in shares of Talen Energy during the 3rd quarter worth approximately $520,000. JPMorgan Chase & Co. purchased a new stake in Talen Energy during the third quarter worth $23,482,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Talen Energy during the fourth quarter valued at $240,000. First Sabrepoint Capital Management LP purchased a new position in Talen Energy in the third quarter valued at $6,238,000. Finally, Rhumbline Advisers raised its position in shares of Talen Energy by 37.3% in the fourth quarter. Rhumbline Advisers now owns 5,530 shares of the utilities provider's stock worth $1,114,000 after acquiring an additional 1,503 shares during the period. 0.38% of the stock is owned by institutional investors and hedge funds.

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.