NRG Energy (NYSE:NRG) Reaches New 1-Year Low – Should You Sell?

NRG Energy, Inc. (NYSE:NRG)’s share price hit a new 52-week low on Thursday . The company traded as low as $120.11 and last traded at $120.6050, with a volume of 3829764 shares changing hands. The stock had previously closed at $129.96.

Analyst Ratings Changes

NRG has been the subject of a number of research reports. Morgan Stanley set a $162.00 price target on shares of NRG Energy in a report on Thursday, May 21st. Barclays lowered their price target 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. The Goldman Sachs Group initiated coverage on shares of NRG Energy in a report on Friday, March 6th. They issued a “buy” rating and a $197.00 price target for the company. Weiss Ratings lowered shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday. Finally, Evercore initiated coverage on shares of NRG Energy in a report on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $199.69.

NRG Energy Stock Up 1.5%

The business’s fifty day simple moving average is $144.45 and its 200 day simple moving average is $153.89. 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 stock has a market cap of $26.49 billion, a price-to-earnings ratio of 147.73 and a beta of 1.24.

NRG Energy (NYSE:NRG) last released its 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 business had revenue of $10.26 billion for the quarter, compared to analyst estimates of $8.43 billion. During the same period in the prior year, the firm posted $2.68 EPS. NRG Energy’s revenue was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities analysts forecast that NRG Energy, Inc. will post 8.98 earnings per share for the current fiscal year.

NRG Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were issued a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, May 1st. NRG Energy’s payout ratio is currently 223.53%.

Insider Buying and Selling

In other news, VP Virginia Kinney sold 5,000 shares of NRG Energy stock in a transaction on 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 directly owned 55,495 shares of the company’s stock, valued at $8,693,291.75. This trade represents a 8.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.43% of the company’s stock.

Hedge Funds Weigh In On NRG Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Pine Valley Investments Ltd Liability Co boosted its position in shares of NRG Energy by 4.8% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 45,743 shares of the utilities provider’s stock worth $6,685,000 after purchasing an additional 2,076 shares in the last quarter. DV Trading LLC bought a new position in shares of NRG Energy during the first quarter worth $248,000. Parallel Advisors LLC boosted its position in shares of NRG Energy by 3.0% during the first quarter. Parallel Advisors LLC now owns 2,523 shares of the utilities provider’s stock worth $369,000 after purchasing an additional 74 shares in the last quarter. Alpine Woods Capital Investors LLC boosted its position in shares of NRG Energy by 19.3% during the first quarter. Alpine Woods Capital Investors LLC now owns 8,380 shares of the utilities provider’s stock worth $1,225,000 after purchasing an additional 1,357 shares in the last quarter. Finally, Glenmede Trust Co. NA boosted its position in shares of NRG Energy by 1.3% during the first quarter. Glenmede Trust Co. NA now owns 38,736 shares of the utilities provider’s stock worth $5,661,000 after purchasing an additional 489 shares in the last quarter. 97.72% of the stock is owned by institutional investors.

NRG Energy Company Profile

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.