Brokers Set Expectations for Talen Energy FY2025 Earnings

Talen Energy Corporation (NASDAQ:TLN) – Investment analysts at Seaport Res Ptn dropped their FY2025 earnings per share (EPS) estimates for Talen Energy in a research note issued to investors on Tuesday, October 22nd. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings per share of $7.78 for the year, down from their prior estimate of $7.99. The consensus estimate for Talen Energy’s current full-year earnings is $13.78 per share. Seaport Res Ptn also issued estimates for Talen Energy’s FY2027 earnings at $23.19 EPS and FY2028 earnings at $38.05 EPS.

Several other equities analysts have also issued reports on the company. Barclays cut their price target on Talen Energy from $207.00 to $202.00 and set an “overweight” rating on the stock in a research note on Monday. Royal Bank of Canada initiated coverage on shares of Talen Energy in a report on Thursday, September 26th. They set an “outperform” rating and a $233.00 price objective for the company. Jefferies Financial Group assumed coverage on shares of Talen Energy in a research report on Friday, September 13th. They set a “buy” rating and a $226.00 price target on the stock. Guggenheim lifted their price objective on Talen Energy from $219.00 to $246.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. Finally, BWS Financial upped their target price on shares of Talen Energy from $145.00 to $185.00 and gave the stock a “buy” rating in a research note on Friday, September 6th. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Talen Energy currently has a consensus rating of “Buy” and a consensus price target of $205.33.

Talen Energy Price Performance

Shares of NASDAQ TLN opened at $183.07 on Wednesday. The company has a quick ratio of 3.86, a current ratio of 4.51 and a debt-to-equity ratio of 1.02. The company has a 50-day moving average of $123.90 and a two-hundred day moving average of $99.00. Talen Energy has a 1-year low of $52.01 and a 1-year high of $197.61.

Talen Energy (NASDAQ:TLN) last posted its quarterly earnings data on Tuesday, August 13th. The utilities provider reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of ($1.14) by $1.33. Talen Energy had a return on equity of 2.27% and a net margin of 41.79%. The company had revenue of $489.00 million for the quarter, compared to analyst estimates of $437.50 million.

Hedge Funds Weigh In On Talen Energy

A number of institutional investors have recently bought and sold shares of TLN. Shikiar Asset Management Inc. bought a new position in shares of Talen Energy in the second quarter valued at about $278,000. Allspring Global Investments Holdings LLC bought a new stake in Talen Energy during the third quarter worth about $29,464,000. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT bought a new stake in shares of Talen Energy during the 3rd quarter worth approximately $7,967,000. Guidance Capital Inc. bought a new position in Talen Energy in the third quarter valued at approximately $348,000. Finally, Mcdaniel Terry & Co. acquired a new position in Talen Energy during the third quarter valued at approximately $371,000. 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.