Seaport Res Ptn Lowers Earnings Estimates for Talen Energy

Talen Energy Corporation (NASDAQ:TLN) – Stock analysts at Seaport Res Ptn reduced their FY2025 EPS estimates for Talen Energy in a research note issued on Wednesday, March 5th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will earn $8.08 per share for the year, down from their prior forecast 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.

Other equities analysts have also recently issued research reports about the stock. Barclays decreased their price target on shares of Talen Energy from $293.00 to $282.00 and set an “overweight” rating for the company in a research report on Tuesday. Evercore ISI assumed coverage on Talen Energy in a report on Friday, February 21st. They issued an “outperform” rating for the company. Daiwa Capital Markets started coverage on Talen Energy in a report on Wednesday, December 4th. They set a “buy” rating and a $248.00 price target on the stock. 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, Bank of America began coverage on shares of Talen Energy in a research note on Monday, February 3rd. They set a “buy” rating and a $253.00 target price on the stock. Eleven analysts have rated the stock with a buy rating, Based on data from MarketBeat, Talen Energy has an average rating of “Buy” and an average target price of $246.00.

Talen Energy Trading Down 2.4 %

Shares of TLN stock opened at $176.24 on Friday. Talen Energy has a fifty-two week low of $83.14 and a fifty-two week high of $258.03. The company has a 50 day moving average price of $222.09 and a 200 day moving average price of $181.48. The stock has a market capitalization of $8.10 billion, a P/E ratio of 9.43, 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 Investors Weigh In On Talen Energy

Large investors have recently modified their holdings of the company. XTX Topco Ltd acquired a new stake in Talen Energy during the 3rd quarter worth $520,000. JPMorgan Chase & Co. acquired a new stake in shares of Talen Energy during the third quarter worth about $23,482,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Talen Energy during the fourth quarter worth about $240,000. Monarch Alternative Capital LP acquired a new position in Talen Energy in the 3rd quarter valued at about $258,448,000. Finally, First Sabrepoint Capital Management LP purchased a new stake in Talen Energy during the 3rd quarter valued at approximately $6,238,000. 0.38% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Talen Energy

In related news, major shareholder Rubric Capital Management Lp sold 4,893,507 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $204.35, for a total transaction of $999,988,155.45. Following the transaction, the insider now owns 6,475,107 shares in the company, valued at $1,323,188,115.45. This trade represents a 43.04 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.18% of the stock is owned by corporate insiders.

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.