NRG Energy (NYSE:NRG) Posts Quarterly Earnings Results, Beats Estimates By $1.90 EPS

NRG Energy (NYSE:NRG) announced its quarterly earnings results on Monday. The utilities provider reported $2.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $1.90, Zacks reports. NRG Energy had a net margin of 3.43% and a return on equity of 48.96%. NRG Energy updated its FY 2025 guidance to 6.750-7.750 EPS.

NRG Energy Stock Performance

NYSE:NRG opened at $119.25 on Monday. The firm’s 50 day moving average is $99.45 and its two-hundred day moving average is $98.83. NRG Energy has a fifty-two week low of $65.11 and a fifty-two week high of $133.56. The company has a quick ratio of 1.10, a current ratio of 1.17 and a debt-to-equity ratio of 5.57. The company has a market cap of $24.29 billion, a P/E ratio of 29.96, a P/E/G ratio of 1.01 and a beta of 1.00.

NRG Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a $0.44 dividend. The ex-dividend date is Thursday, May 1st. This represents a $1.76 annualized dividend and a dividend yield of 1.48%. NRG Energy’s dividend payout ratio is presently 35.92%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in NRG Energy stock. Brighton Jones LLC grew its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 41.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,187 shares of the utilities provider’s stock after buying an additional 1,528 shares during the quarter. Brighton Jones LLC’s holdings in NRG Energy were worth $468,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 97.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on NRG. Wells Fargo & Company lifted their target price on shares of NRG Energy from $140.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, February 27th. Morgan Stanley increased their price target on shares of NRG Energy from $86.00 to $99.00 and gave the company an “equal weight” rating in a report on Wednesday, February 19th. BMO Capital Markets lifted their price target on shares of NRG Energy from $100.00 to $115.00 and gave the company a “market perform” rating in a research note on Monday, March 3rd. Guggenheim lifted their price target on shares of NRG Energy from $134.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, February 27th. Finally, Evercore ISI raised shares of NRG Energy from an “in-line” rating to an “outperform” rating and boosted their price objective for the company from $74.00 to $126.00 in a report on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $126.38.

NRG Energy Company Profile

NRG Energy, Inc, together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through Texas; East; West/Services/Other; Vivint Smart Home; and Corporate Activities segments. The company produces and sells electricity generated using coal, oil, solar, and battery storage; natural gas; and a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions.