NRG Energy, Inc. (NYSE:NRG) Plans Quarterly Dividend of $0.47

NRG Energy, Inc. (NYSE:NRG) announced a quarterly dividend on Wednesday, July 22nd. Investors of record on Monday, August 3rd will be given a dividend of 0.475 per share by the utilities provider on Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, August 3rd.

NRG Energy has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. NRG Energy has a dividend payout ratio of 22.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect NRG Energy to earn $11.31 per share next year, which means the company should continue to be able to cover its $1.90 annual dividend with an expected future payout ratio of 16.8%.

NRG Energy Stock Up 6.2%

Shares of NYSE NRG opened at $139.81 on Thursday. The stock has a market capitalization of $29.50 billion, a price-to-earnings ratio of 164.48 and a beta of 1.21. NRG Energy has a 52 week low of $120.11 and a 52 week high of $189.96. The firm has a 50-day moving average price of $135.24 and a 200 day moving average price of $149.04. 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.30). The firm had revenue of $10.26 billion for the quarter, compared to analyst estimates 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 in the prior year, the firm posted $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities research analysts anticipate that NRG Energy will post 8.89 EPS for the current fiscal year.

Insider Buying and Selling

In related news, VP Virginia Kinney sold 20,000 shares of the firm’s stock in a transaction 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 transaction, the vice president directly owned 45,111 shares in the company, valued at $5,752,554.72. This trade represents a 30.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.43% of the company’s stock.

Institutional Trading of NRG Energy

Several large investors have recently added to or reduced their stakes in the business. McIlrath & Eck LLC grew its stake in NRG Energy by 3.0% in the 4th quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock valued at $376,000 after buying an additional 68 shares during the last quarter. Sound Income Strategies LLC grew its position in shares of NRG Energy by 17.9% in the first quarter. Sound Income Strategies LLC now owns 455 shares of the utilities provider’s stock valued at $68,000 after purchasing an additional 69 shares during the last quarter. Independence Bank of Kentucky increased its stake in shares of NRG Energy by 4.1% in the fourth quarter. Independence Bank of Kentucky now owns 1,798 shares of the utilities provider’s stock worth $286,000 after purchasing an additional 70 shares during the period. Childress Capital Advisors LLC lifted its position in shares of NRG Energy by 4.0% during the 4th quarter. Childress Capital Advisors LLC now owns 1,892 shares of the utilities provider’s stock worth $301,000 after purchasing an additional 72 shares during the last quarter. Finally, Hilton Head Capital Partners LLC lifted its position in shares of NRG Energy by 50.0% during the 1st quarter. Hilton Head Capital Partners LLC now owns 219 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 73 shares during the last quarter. 97.72% of the stock is currently owned by institutional investors and hedge funds.

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.