Talen Energy FY2025 EPS Forecast Raised by Seaport Res Ptn

Talen Energy Corporation (NASDAQ:TLN - Free Report) - Investment analysts at Seaport Res Ptn raised their FY2025 EPS estimates for shares of Talen Energy in a research report issued to clients and investors on Wednesday, December 11th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will earn $8.50 per share for the year, up from their prior forecast of $7.78. The consensus estimate for Talen Energy's current full-year earnings is $15.19 per share. Seaport Res Ptn also issued estimates for Talen Energy's FY2026 earnings at $19.44 EPS, FY2027 earnings at $27.86 EPS and FY2028 earnings at $40.48 EPS.

TLN has been the subject of a number of other reports. Oppenheimer lifted their price target on shares of Talen Energy from $225.00 to $250.00 and gave the stock an "outperform" rating in a report on Monday, December 9th. Daiwa Capital Markets initiated coverage on shares of Talen Energy in a report on Wednesday, December 4th. They issued a "buy" rating and a $248.00 price target on the stock. JPMorgan Chase & Co. started coverage on shares of Talen Energy in a research report on Thursday, October 17th. They set an "overweight" rating and a $268.00 target price for the company. Jefferies Financial Group began coverage on Talen Energy in a research report on Friday, September 13th. They issued a "buy" rating and a $226.00 price objective on the stock. Finally, Barclays upped their target price on shares of Talen Energy from $202.00 to $245.00 and gave the company an "overweight" rating in a research note on Friday. Ten equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $222.40.

Talen Energy Price Performance

TLN traded up $1.76 during midday trading on Monday, reaching $209.22. 363,106 shares of the company's stock were exchanged, compared to its average volume of 669,376. Talen Energy has a 1-year low of $58.28 and a 1-year high of $230.89. The stock has a market capitalization of $10.64 billion and a PE ratio of 11.20. The company has a debt-to-equity ratio of 1.07, a current ratio of 4.10 and a quick ratio of 3.37. The business's 50-day moving average price is $188.70 and its 200 day moving average price is $133.94.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in TLN. XTX Topco Ltd purchased a new position in Talen Energy in the 3rd quarter worth about $520,000. Roubaix Capital LLC purchased a new position in shares of Talen Energy in the third quarter worth approximately $11,234,000. Monarch Alternative Capital LP acquired a new stake in shares of Talen Energy during the third quarter valued at approximately $258,448,000. First Sabrepoint Capital Management LP purchased a new stake in shares of Talen Energy in the 3rd quarter valued at approximately $6,238,000. Finally, M&G PLC acquired a new position in Talen Energy in the 3rd quarter worth approximately $14,797,000. Institutional investors and hedge funds own 0.38% of the company's stock.

About Talen Energy

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.