In the last trading session, 1.22 million Talen Energy Corp (NASDAQ:TLN) shares changed hands as the company’s beta touched 1.53. With the company’s per share price at $204.93 changed hands at $9.73 or 4.98% during last session, the market valuation stood at $1.80B. TLN’s last price was a discount, traded about -25.91% off its 52-week high of $258.03. The share price had its 52-week low at $84.05, which suggests the last value was 58.99% up since then. When we look at Talen Energy Corp’s average trading volume, we note the 10-day average is 1.95 million shares, with the 3-month average coming to 1.23 million.
Talen Energy Corp (NASDAQ:TLN) trade information
Instantly TLN was in green as seen at the end of in last trading. With action 16.28%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 1.72%, with the 5-day performance at 16.28% in the green. However, in the 30-day time frame, Talen Energy Corp (NASDAQ:TLN) is -13.35% down. Looking at the short shares, we see there were 2.12 million shares sold at short interest cover period of 1.78 days.
The consensus price target for the stock as assigned by Wall Street analysts is 212.5, meaning bulls need an upside of 3.56% from its current market value. According to analyst projections, TLN’s forecast low is 197 with 233 as the target high. To hit the forecast high, the stock’s price needs a -13.7% plunge from its current level, while the stock would need to tank 3.87% for it to hit the projected low.
Talen Energy Corp (TLN) estimates and forecasts
Year-over-year growth is forecast to reach 6.61% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 556.93M. 4 analysts are of the opinion that Talen Energy Corp’s revenue for the current quarter will be 510.57M. The company’s revenue for the corresponding quarters a year ago was 509M and 489M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 9.42%. The estimates for the next quarter sales put growth at 4.41%.
The 2025 estimates are for Talen Energy Corp earnings to decrease by -65.01%, but the outlook for the next 5-year period is at -5.06% per year.
TLN Dividends
Talen Energy Corp is expected to release its next quarterly earnings report on 2025-Feb-26.
Talen Energy Corp (NASDAQ:TLN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.00% of Talen Energy Corp shares while 99.04% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 99.04%.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund . With 1.59 shares estimated at $325.63 million under it, the former controlled 2.69% of total outstanding shares. On the other hand, Vanguard Small-Cap Index Fund held about 2.19% of the shares, roughly 1.3 shares worth around $265.45 million.