NRG Energy, Inc. (NYSE:NRG) Receives $199.69 Consensus Target Price from Brokerages

Shares of NRG Energy, Inc. (NYSE:NRG) have been given a consensus recommendation of “Moderate Buy” by the fifteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $199.9231.

NRG has been the subject of several analyst reports. Morgan Stanley set a $165.00 price objective on NRG Energy in a research note on Wednesday. Evercore assumed coverage on NRG Energy in a research report on Wednesday, February 25th. They set an “outperform” rating and a $215.00 price target for the company. Weiss Ratings downgraded NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. Wolfe Research raised NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price target for the company in a research report on Wednesday, March 18th. Finally, Barclays decreased their price target on NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a research report on Tuesday, March 31st.

Insider Activity at NRG Energy

In related news, VP Virginia Kinney sold 20,000 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the completion of the sale, the vice president directly owned 45,111 shares of the company’s stock, valued at approximately $5,752,554.72. This trade represents a 30.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

Institutional Trading of NRG Energy

Large investors have recently bought and sold shares of the company. MV Capital Management Inc. purchased a new stake in NRG Energy in the fourth quarter worth $27,000. Motiv8 Investments LLC purchased a new stake in NRG Energy in the fourth quarter worth $27,000. Core Wealth Advisors LLC purchased a new stake in NRG Energy in the fourth quarter worth $28,000. EMC Capital Management purchased a new stake in NRG Energy in the fourth quarter worth $30,000. Finally, SHP Wealth Management purchased a new stake in NRG Energy in the fourth quarter worth $32,000. 97.72% of the stock is owned by hedge funds and other institutional investors.

NRG Energy Stock Performance

Shares of NRG Energy stock opened at $141.78 on Thursday. The company has a market cap of $29.91 billion, a PE ratio of 166.79 and a beta of 1.24. NRG Energy has a 52 week low of $120.11 and a 52 week high of $189.96. The business has a 50 day moving average price of $140.83 and a 200-day moving average price of $152.03. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 4.68.

NRG Energy (NYSE:NRG) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.30). The company had revenue of $10.26 billion during the quarter, compared to analysts’ expectations of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The business’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period last year, the company earned $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities analysts anticipate that NRG Energy will post 8.98 earnings per share for the current fiscal year.

NRG Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, May 1st. NRG Energy’s dividend payout ratio (DPR) is presently 223.53%.

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.