Seaport Res Ptn Lifts Earnings Estimates for Talen Energy

Talen Energy Corporation (NASDAQ:TLN) – Seaport Res Ptn boosted their FY2025 earnings 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 post earnings per share of $8.52 for the year, up from their previous 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.

TLN has been the topic of several other research reports. Oppenheimer upped their price target on Talen Energy from $225.00 to $250.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Barclays cut their target price on Talen Energy from $293.00 to $282.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 4th. Evercore ISI initiated coverage on Talen Energy in a research report on Friday, February 21st. They issued an “outperform” rating for the company. JPMorgan Chase & Co. cut their price objective 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. Finally, Morgan Stanley started coverage on shares of Talen Energy in a report on Wednesday, March 12th. They issued an “overweight” rating and a $243.00 target price for the company. Twelve research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $241.09.

Talen Energy Price Performance

Shares of TLN opened at $214.73 on Wednesday. Talen Energy has a fifty-two week low of $98.50 and a fifty-two week high of $258.03. The firm’s 50-day simple moving average is $215.18 and its two-hundred day simple moving average is $193.13. The stock has a market cap of $9.77 billion, a PE ratio of 11.50, a price-to-earnings-growth ratio of 2.70 and a beta of 2.00. The company has a debt-to-equity ratio of 1.07, a quick ratio of 3.37 and a current ratio of 4.10.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. William Blair Investment Management LLC purchased a new stake in Talen Energy during the 4th quarter valued at $239,984,000. Sachem Head Capital Management LP purchased a new stake in Talen Energy during the third quarter valued at $167,724,000. FMR LLC bought a new position in Talen Energy in the third quarter valued at about $141,363,000. Maple Rock Capital Partners Inc. purchased a new position in Talen Energy in the third quarter worth about $114,631,000. Finally, Fred Alger Management LLC boosted its position in Talen Energy by 152.9% in the fourth quarter. Fred Alger Management LLC now owns 954,747 shares of the utilities provider’s stock worth $192,353,000 after purchasing an additional 577,257 shares during the last quarter. Institutional investors 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.