Seaport Res Ptn Lowers Earnings Estimates for Talen Energy

Talen Energy Corporation (NASDAQ:TLN) – Equities research analysts at Seaport Res Ptn cut their FY2025 earnings estimates for Talen Energy in a research report issued to clients and investors on Wednesday, June 11th. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will earn $7.46 per share for the year, down from their previous forecast of $7.48. 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 FY2027 earnings at $27.62 EPS.

A number of other equities research analysts also recently weighed in on TLN. Barclays cut 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. Evercore ISI initiated coverage on Talen Energy in a report on Friday, February 21st. They set an “outperform” rating on the stock. Wall Street Zen upgraded Talen Energy from a “sell” rating to a “hold” rating in a report on Saturday. JPMorgan Chase & Co. cut their price objective on Talen Energy from $295.00 to $265.00 and set an “overweight” rating on the stock in a report on Friday, March 28th. Finally, Daiwa Capital Markets set a $200.00 price objective on Talen Energy in a report on Wednesday, March 5th. One research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $246.33.

Talen Energy Price Performance

Shares of NASDAQ TLN opened at $277.16 on Friday. Talen Energy has a twelve month low of $98.50 and a twelve month high of $280.29. The company has a current ratio of 4.10, a quick ratio of 3.37 and a debt-to-equity ratio of 1.07. The company has a market capitalization of $12.61 billion, a price-to-earnings ratio of 14.84, a PEG ratio of 2.70 and a beta of 1.78. The firm has a 50-day moving average of $229.94 and a two-hundred day moving average of $218.98.

Talen Energy (NASDAQ:TLN) last posted its quarterly earnings data on Thursday, May 8th. The utilities provider reported $0.82 earnings per share for the quarter, missing the consensus estimate of $1.17 by ($0.35). Talen Energy had a return on equity of 8.59% and a net margin of 50.48%. The company had revenue of $390.00 million during the quarter, compared to analyst estimates of $556.93 million.

Hedge Funds Weigh In On Talen Energy

A number of hedge funds have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its holdings in Talen Energy by 290.8% in the first quarter. Geneos Wealth Management Inc. now owns 762 shares of the utilities provider’s stock worth $152,000 after buying an additional 567 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Talen Energy by 15.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 49,050 shares of the utilities provider’s stock worth $9,794,000 after buying an additional 6,498 shares during the last quarter. Zimmer Partners LP increased its holdings in Talen Energy by 26.3% in the first quarter. Zimmer Partners LP now owns 15,370 shares of the utilities provider’s stock worth $3,069,000 after buying an additional 3,200 shares during the last quarter. Clearline Capital LP acquired a new position in Talen Energy in the first quarter worth approximately $18,547,000. Finally, Aristeia Capital L.L.C. increased its holdings in Talen Energy by 95.0% in the first quarter. Aristeia Capital L.L.C. now owns 2,204 shares of the utilities provider’s stock worth $440,000 after buying an additional 1,074 shares during the last quarter. 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.