Talen Energy Corporation (NASDAQ:TLN – Free Report) – Investment analysts at Scotiabank issued their FY2026 EPS estimates for Talen Energy in a report issued on Wednesday, September 24th. Scotiabank analyst A. Weisel forecasts that the utilities provider will post earnings per share of $20.20 for the year. Scotiabank currently has a “Sector Perform” rating and a $418.00 target price on the stock. The consensus estimate for Talen Energy’s current full-year earnings is $15.94 per share.
Talen Energy (NASDAQ:TLN – Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.13) by $2.63. The company had revenue of $630.00 million for the quarter, compared to analyst estimates of $481.48 million. Talen Energy had a net margin of 8.75% and a return on equity of 17.81%.
Check Out Our Latest Report on Talen Energy
Talen Energy Stock Performance
Shares of TLN stock opened at $411.23 on Monday. The firm has a market cap of $18.79 billion, a price-to-earnings ratio of 116.50, a PEG ratio of 2.42 and a beta of 1.89. The company’s 50 day moving average is $380.54 and its 200 day moving average is $288.67. The company has a quick ratio of 1.34, a current ratio of 1.84 and a debt-to-equity ratio of 2.39. Talen Energy has a 52-week low of $148.02 and a 52-week high of $430.71.
Hedge Funds Weigh In On Talen Energy
Several institutional investors and hedge funds have recently bought and sold shares of the company. Signaturefd LLC lifted its stake in shares of Talen Energy by 310.0% during the first quarter. Signaturefd LLC now owns 123 shares of the utilities provider’s stock worth $25,000 after buying an additional 93 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Talen Energy during the first quarter worth $25,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Talen Energy during the second quarter worth $27,000. MAI Capital Management lifted its stake in shares of Talen Energy by 115.7% during the second quarter. MAI Capital Management now owns 110 shares of the utilities provider’s stock worth $32,000 after buying an additional 59 shares during the period. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Talen Energy during the first quarter worth $35,000. 0.38% of the stock is owned by hedge funds and other institutional investors.
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.
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