Scotiabank Estimates Talen Energy FY2026 Earnings

Talen Energy Corporation (NASDAQ:TLNFree Report) – Stock analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for Talen Energy in a research note issued to investors on Wednesday, September 24th. Scotiabank analyst A. Weisel anticipates that the utilities provider will post earnings of $20.20 per share for the year. Scotiabank currently has a “Sector Perform” rating and a $418.00 price target on the stock. The consensus estimate for Talen Energy’s current full-year earnings is $15.94 per share.

A number of other equities research analysts also recently commented on the company. Wall Street Zen upgraded Talen Energy from a “sell” rating to a “hold” rating in a research report on Monday, August 11th. UBS Group set a $431.00 price objective on Talen Energy and gave the company a “buy” rating in a research report on Friday, July 25th. Barclays upped their price objective on Talen Energy from $418.00 to $440.00 and gave the company an “overweight” rating in a research report on Thursday, September 11th. Zacks Research downgraded Talen Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 18th. Finally, Melius assumed coverage on Talen Energy in a research report on Wednesday, August 20th. They set a “buy” rating and a $427.00 price objective on the stock. Fourteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $367.50.

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Talen Energy Price Performance

NASDAQ:TLN opened at $425.38 on Monday. The company has a current ratio of 1.84, a quick ratio of 1.34 and a debt-to-equity ratio of 2.39. The company has a market capitalization of $19.44 billion, a P/E ratio of 120.50, a P/E/G ratio of 2.47 and a beta of 1.89. Talen Energy has a 12 month low of $148.02 and a 12 month high of $430.71. The business’s 50-day moving average is $384.99 and its 200 day moving average is $291.12.

Talen Energy (NASDAQ:TLNGet Free Report) last posted its earnings results on Thursday, August 7th. The utilities provider reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of ($1.13) by $2.63. The company had revenue of $630.00 million for the quarter, compared to the consensus estimate of $481.48 million. Talen Energy had a return on equity of 9.58% and a net margin of 8.75%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TLN. Third Point LLC bought a new position in Talen Energy in the first quarter worth approximately $116,807,000. Norges Bank bought a new position in Talen Energy in the second quarter worth approximately $168,188,000. Fred Alger Management LLC grew its stake in Talen Energy by 56.3% in the first quarter. Fred Alger Management LLC now owns 1,492,145 shares of the utilities provider’s stock worth $297,937,000 after purchasing an additional 537,398 shares in the last quarter. State Street Corp grew its stake in Talen Energy by 151.0% in the second quarter. State Street Corp now owns 711,231 shares of the utilities provider’s stock worth $206,805,000 after purchasing an additional 427,910 shares in the last quarter. Finally, PointState Capital LP purchased a new stake in Talen Energy during the first quarter worth $75,148,000. Institutional investors own 0.38% of the company’s stock.

Talen Energy Company Profile

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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.

See Also

Earnings History and Estimates for Talen Energy (NASDAQ:TLN)

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