NRG Energy (NYSE:NRG) Reaches New 1-Year Low on Analyst Downgrade

NRG Energy, Inc. (NYSE:NRG) shares reached a new 52-week low during mid-day trading on Monday after Morgan Stanley lowered their price target on the stock from $165.00 to $162.00. Morgan Stanley currently has an equal weight rating on the stock. NRG Energy traded as low as $111.85 and last traded at $112.2870, with a volume of 214659 shares. The stock had previously closed at $113.11.

Other analysts also recently issued reports about the stock. Siebert Williams Shank initiated coverage on shares of NRG Energy in a report on Monday, July 6th. They set a “buy” rating and a $184.00 price objective for the company. BNP Paribas Exane set a $221.00 price target on NRG Energy in a research report on Wednesday. BMO Capital Markets reissued a “market perform” rating and set a $214.00 price objective on shares of NRG Energy in a research report on Thursday, August 6th. Raymond James Financial set a $210.00 target price on NRG Energy in a report on Monday, April 27th. Finally, Williams Trading set a $184.00 price target on NRG Energy in a report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, NRG Energy currently has an average rating of “Moderate Buy” and an average target price of $198.43.

Insider Transactions at NRG Energy

In related news, VP Virginia Kinney sold 20,000 shares of the business’s stock in a transaction dated 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. The trade was a 30.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its position in shares of NRG Energy by 41.8% during the 4th quarter. Brighton Jones LLC now owns 5,187 shares of the utilities provider’s stock worth $468,000 after buying an additional 1,528 shares during the period. Integrated Wealth Concepts LLC bought a new stake in NRG Energy in the first quarter valued at $323,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in NRG Energy by 7.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,257 shares of the utilities provider’s stock worth $1,934,000 after acquiring an additional 1,381 shares in the last quarter. Woodline Partners LP lifted its holdings in shares of NRG Energy by 40.7% during the first quarter. Woodline Partners LP now owns 17,114 shares of the utilities provider’s stock valued at $1,634,000 after acquiring an additional 4,949 shares during the period. Finally, Marshall Wace LLP acquired a new stake in shares of NRG Energy in the 2nd quarter valued at $7,937,000. Institutional investors own 97.72% of the company’s stock.

NRG Energy Trading Down 0.8%

The firm has a market cap of $23.67 billion, a P/E ratio of 29.69 and a beta of 1.22. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 5.17. The company’s fifty day moving average price is $132.25 and its two-hundred day moving average price is $144.74.

NRG Energy (NYSE:NRG) last announced its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.20). The firm had revenue of $7.48 billion for the quarter, compared to the consensus estimate of $7.31 billion. NRG Energy had a net margin of 2.56% and a return on equity of 52.95%. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.73 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, sell-side analysts predict that NRG Energy, Inc. will post 8.6 EPS for the current fiscal year.

NRG Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 3rd were paid a $0.475 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.90 dividend on an annualized basis and a yield of 1.7%. NRG Energy’s payout ratio is currently 50.26%.

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.