Talen Energy Corporation (NASDAQ:TLN – Free Report) – Equities researchers at Seaport Res Ptn dropped their FY2025 earnings estimates for Talen Energy in a research report issued to clients and investors on Wednesday, March 5th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings of $8.08 per share for the year, down from their previous estimate 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.
Several other research firms have also issued reports on TLN. UBS Group lifted their price target on shares of Talen Energy from $242.00 to $269.00 and gave the stock a “buy” rating in a research report on Friday, January 3rd. Evercore ISI assumed coverage on Talen Energy in a report on Friday, February 21st. They issued an “outperform” rating on the stock. Bank of America assumed coverage on Talen Energy in a report on Monday, February 3rd. They set a “buy” rating and a $253.00 target price for the company. Barclays decreased their price target on Talen Energy from $293.00 to $282.00 and set an “overweight” rating for the company in a research report on Tuesday. Finally, Oppenheimer boosted their price objective on Talen Energy from $225.00 to $250.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Eleven equities research analysts have rated the stock with a buy rating, According to MarketBeat, Talen Energy has an average rating of “Buy” and a consensus price target of $246.00.
Talen Energy Stock Performance
Shares of TLN opened at $180.53 on Friday. Talen Energy has a 12-month low of $83.14 and a 12-month high of $258.03. The stock has a market capitalization of $8.30 billion, a P/E ratio of 9.66, a P/E/G ratio of 2.70 and a beta of 2.00. The firm’s 50 day moving average is $222.61 and its 200-day moving average is $181.49. The company has a debt-to-equity ratio of 1.07, a current ratio of 4.10 and a quick ratio of 3.37.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of TLN. BNP Paribas Financial Markets acquired a new stake in shares of Talen Energy in the 3rd quarter valued at $36,000. Allworth Financial LP raised its holdings in 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 in the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of Talen Energy in the fourth quarter worth about $37,000. Geneos Wealth Management Inc. bought a new stake in shares of Talen Energy during the 4th quarter worth about $39,000. Finally, Empowered Funds LLC acquired a new position in shares of Talen Energy during the 4th quarter valued at about $42,000. Institutional investors and hedge funds own 0.38% of the company’s stock.
Insider Buying and Selling at Talen Energy
In other Talen Energy news, major shareholder Rubric Capital Management Lp sold 4,893,507 shares of Talen Energy stock in a transaction that occurred on Friday, December 13th. The shares were 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 directly owns 6,475,107 shares in the company, valued at $1,323,188,115.45. The trade was a 43.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.18% 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.
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