NRG Energy, Inc. (NYSE:NRG) Given Average Rating of “Moderate Buy” by Analysts

Shares of NRG Energy, Inc. (NYSE:NRG) have earned a consensus rating of “Moderate Buy” from the sixteen brokerages that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $197.5714.

A number of research firms have recently issued reports on NRG. Raymond James Financial set a $210.00 target price on shares of NRG Energy in a report on Monday, April 27th. Barclays cut their price objective on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a report on Tuesday, March 31st. Wells Fargo & Company boosted their target price on NRG Energy from $202.00 to $206.00 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. The Goldman Sachs Group began coverage on NRG Energy in a research report on Friday, March 6th. They issued a “buy” rating and a $197.00 price target for the company. Finally, BNP Paribas Exane initiated coverage on NRG Energy in a report on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 price target for the company.

NRG Energy Price Performance

NRG Energy stock opened at $157.40 on Wednesday. The company’s fifty day moving average price is $158.70 and its 200 day moving average price is $160.64. NRG Energy has a 1 year low of $114.20 and a 1 year high of $189.96. The stock has a market capitalization of $33.77 billion, a P/E ratio of 39.95 and a beta of 1.32. The company has a debt-to-equity ratio of 15.92, a quick ratio of 1.58 and a current ratio of 1.64.

NRG Energy (NYSE:NRG) last released its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). NRG Energy had a net margin of 2.81% and a return on equity of 109.48%. The company had revenue of $10.26 billion during the quarter, compared to analyst estimates of $8.43 billion. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, equities research analysts anticipate that NRG Energy will post 9.05 earnings per share for the current fiscal year.

NRG Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 1st will be paid a $0.475 dividend. The ex-dividend date of this dividend is Friday, May 1st. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.2%. NRG Energy’s dividend payout ratio (DPR) is 48.22%.

Insider Activity at NRG Energy

In other news, VP Virginia Kinney sold 5,000 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $156.65, for a total transaction of $783,250.00. Following the transaction, the vice president owned 55,495 shares of the company’s stock, valued at approximately $8,693,291.75. The trade was a 8.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.43% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. State Street Corp boosted its position in shares of NRG Energy by 2.2% during the 4th quarter. State Street Corp now owns 10,868,408 shares of the utilities provider’s stock valued at $1,730,685,000 after acquiring an additional 234,666 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of NRG Energy by 178.1% during the 4th quarter. Victory Capital Management Inc. now owns 7,676,513 shares of the utilities provider’s stock valued at $1,222,409,000 after acquiring an additional 4,916,653 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of NRG Energy by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 5,637,726 shares of the utilities provider’s stock valued at $910,324,000 after acquiring an additional 82,162 shares during the last quarter. Invesco Ltd. boosted its position in shares of NRG Energy by 0.6% during the 3rd quarter. Invesco Ltd. now owns 4,880,954 shares of the utilities provider’s stock valued at $790,471,000 after acquiring an additional 31,238 shares during the last quarter. Finally, Capital World Investors acquired a new position in shares of NRG Energy during the 4th quarter valued at about $305,817,000. Institutional investors and hedge funds own 97.72% of the company’s stock.

About NRG Energy

NRG Energy (NYSE: NRG) is a U.S.-based integrated power company headquartered in Houston, Texas. The company develops, owns and operates a diversified portfolio of power generation assets and participates in wholesale and retail energy markets. NRG supplies electricity to utilities, commercial and industrial customers, and retail consumers, while also providing energy-related products and services designed to manage consumption and support reliability.

NRG’s generation mix includes conventional thermal plants as well as renewable and distributed energy resources.