NRG Energy (NYSE:NRG) Trading Down 5.2% – What’s Next?

NRG Energy, Inc. (NYSE:NRG)’s stock price dropped 5.2% during trading on Wednesday . The company traded as low as $124.40 and last traded at $123.2010. Approximately 195,499 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 2,596,946 shares. The stock had previously closed at $129.96.

Wall Street Analyst Weigh In

NRG has been the subject of a number of recent research reports. Barclays dropped their price objective on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. Morgan Stanley set a $162.00 price objective on shares of NRG Energy in a research note on Thursday, May 21st. Evercore initiated coverage on shares of NRG Energy in a research note on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 price objective for the company. Wolfe Research raised shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research note on Wednesday, March 18th. Finally, Zacks Research raised shares of NRG Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $199.69.

NRG Energy Stock Performance

The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 4.68. The business’s 50 day moving average is $145.80 and its 200 day moving average is $154.63. The stock has a market capitalization of $25.74 billion, a PE ratio of 144.02 and a beta of 1.24.

NRG Energy (NYSE:NRG) last released its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The firm had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. During the same period in the prior year, the firm posted $2.68 earnings per share. NRG Energy’s revenue for the quarter was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, equities research analysts predict that NRG Energy, Inc. will post 8.98 earnings per share for the current fiscal year.

NRG Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were paid a dividend of $0.475 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.6%. NRG Energy’s payout ratio is currently 223.53%.

Insiders Place Their Bets

In related news, VP Virginia Kinney sold 5,000 shares of NRG Energy 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 completion of the sale, the vice president owned 55,495 shares in the company, valued at $8,693,291.75. This trade represents a 8.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.43% of the stock is owned by insiders.

Institutional Investors Weigh In On NRG Energy

Large investors have recently modified their holdings of the business. Brighton Jones LLC raised its stake in shares of NRG Energy by 41.8% during the 4th quarter. Brighton Jones LLC now owns 5,187 shares of the utilities provider’s stock worth $468,000 after acquiring an additional 1,528 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of NRG Energy during the 1st quarter worth approximately $323,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of NRG Energy by 7.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,257 shares of the utilities provider’s stock worth $1,934,000 after acquiring an additional 1,381 shares in the last quarter. Woodline Partners LP raised its stake in shares of NRG Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 17,114 shares of the utilities provider’s stock worth $1,634,000 after acquiring an additional 4,949 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in shares of NRG Energy during the 2nd quarter worth approximately $7,937,000. Institutional investors 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.