NRG Energy (NYSE:NRG – Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 6.750-7.750 for the period, compared to the consensus earnings per share estimate of 7.470. The company issued revenue guidance of -.
Analyst Ratings Changes
A number of brokerages have recently weighed in on NRG. Wells Fargo & Company raised their price objective on shares of NRG Energy from $165.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday. Jefferies Financial Group upped their target price on shares of NRG Energy from $113.00 to $132.00 and gave the company a “buy” rating in a research note on Monday, May 5th. StockNews.com downgraded NRG Energy from a “buy” rating to a “hold” rating in a research note on Saturday, March 8th. The Goldman Sachs Group began coverage on shares of NRG Energy in a research note on Friday, April 4th. They issued a “buy” rating and a $129.00 price objective on the stock. Finally, Morgan Stanley raised their price target on shares of NRG Energy from $86.00 to $99.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 19th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, NRG Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.25.
Get Our Latest Stock Analysis on NRG Energy
NRG Energy Stock Up 4.1%
NRG Energy (NYSE:NRG – Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The utilities provider reported $2.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $1.90. NRG Energy had a return on equity of 48.96% and a net margin of 3.43%. The firm had revenue of $8.59 billion during the quarter, compared to the consensus estimate of $8.28 billion. During the same quarter in the prior year, the company earned $2.31 EPS. The business’s revenue for the quarter was up 15.6% on a year-over-year basis. Equities analysts predict that NRG Energy will post 6.36 EPS for the current year.
NRG Energy Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Thursday, May 1st. NRG Energy’s payout ratio is 35.92%.
Institutional Inflows and Outflows
An institutional investor recently raised its position in NRG Energy stock. Brighton Jones LLC raised its position in shares of NRG Energy, Inc. (NYSE:NRG – Free Report) by 41.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund 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 at the end of the most recent reporting period. Institutional investors and hedge funds own 97.72% of the company’s stock.
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.
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