FY2028 EPS Estimates for Talen Energy Decreased by Analyst

Talen Energy Corporation (NASDAQ:TLN) – Investment analysts at Seaport Res Ptn lowered their FY2028 earnings per share estimates for shares of Talen Energy in a research report issued on Monday, March 31st. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will earn $35.18 per share for the year, down from their previous estimate of $36.22. 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 FY2029 earnings at $47.15 EPS.

Other equities research analysts have also issued reports about the stock. Bank of America assumed coverage on shares of Talen Energy in a report on Monday, February 3rd. They set a “buy” rating and a $253.00 target price on the stock. Morgan Stanley initiated coverage on Talen Energy in a report on Wednesday, March 12th. They issued an “overweight” rating and a $243.00 target price for the company. Barclays cut their price target on Talen Energy from $293.00 to $282.00 and set an “overweight” rating on the stock in a report on Tuesday, March 4th. Oppenheimer lifted their price objective on Talen Energy from $225.00 to $250.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Finally, UBS Group upped their target price on shares of Talen Energy from $242.00 to $269.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. Twelve equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $241.09.

Talen Energy Stock Up 3.9 %

Shares of TLN opened at $207.44 on Tuesday. The company’s 50-day simple moving average is $215.88 and its 200-day simple moving average is $192.99. The company has a debt-to-equity ratio of 1.07, a quick ratio of 3.37 and a current ratio of 4.10. Talen Energy has a 1 year low of $98.50 and a 1 year high of $258.03. The stock has a market capitalization of $9.44 billion, a PE ratio of 11.10, a P/E/G ratio of 2.70 and a beta of 2.00.

Institutional Trading of Talen Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TLN. Fulcrum Equity Management purchased a new position in shares of Talen Energy in the 4th quarter valued at $236,000. California State Teachers Retirement System acquired a new position in Talen Energy in the fourth quarter valued at $6,200,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Talen Energy during the fourth quarter worth about $541,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Talen Energy during the fourth quarter worth about $272,000. Finally, Formidable Asset Management LLC purchased a new stake in shares of Talen Energy in the 4th quarter valued at about $202,000. 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.