Currently, there are 45.51M common shares owned by the public and among those 44.37M shares have been available to trade.
The company’s stock has a 5-day price change of -0.73% and 12.62% over the past three months. TLN shares are trading 20.65% year to date (YTD), with the 12-month market performance up to 125.60% higher. It has a 12-month low price of $98.50 and touched a high of $258.03 over the same period. TLN has an average intraday trading volume of 1.18 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.67%, 13.51%, and 23.21% respectively.
Institutional ownership of Talen Energy Corp (NASDAQ: TLN) shares accounts for 99.15% of the company’s 45.51M shares outstanding.
It has a market capitalization of $1.80B and a beta (3y monthly) value of 1.48. The stock’s trailing 12-month PE ratio is 25.34, while the earnings-per-share (ttm) stands at $9.59. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.92% over the week and 2.19% over the month.
Analysts forecast that Talen Energy Corp (TLN) will achieve an EPS of 1.06 for the current quarter, 3.05 for the next quarter and 15.05 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 1.06 while analysts give the company a high EPS estimate of 1.06. Earnings per share for the fiscal year are expected to decrease by -63.74%, and 105.81% over the next financial year.
Looking at the support for the TLN, a number of firms have released research notes about the stock. Morgan Stanley stated their Overweight rating for the stock in a research note on March 12, 2025, with the firm’s price target at $243. BofA Securities was of a view on February 03, 2025 that the stock is Buy, while Daiwa Securities gave the stock Buy rating on December 04, 2024, issuing a price target of $248. JP Morgan on their part issued Overweight rating on October 17, 2024.
