NRG Energy, Inc. (NYSE:NRG) Given Average Rating of “Moderate Buy” by Brokerages

Shares of NRG Energy, Inc. (NYSE:NRG) have earned an average recommendation of “Moderate Buy” from the fifteen research firms that are currently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $199.9286.

NRG has been the subject of several research analyst reports. Weiss Ratings cut shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Williams Trading set a $184.00 target price on shares of NRG Energy in a report on Monday, July 6th. Siebert Williams Shank began coverage on NRG Energy in a report on Monday, July 6th. They issued a “buy” rating and a $184.00 price objective on the stock. Morgan Stanley set a $165.00 price objective on NRG Energy in a report on Wednesday, June 24th. Finally, Raymond James Financial set a $210.00 target price on NRG Energy in a report on Monday, April 27th.

Insider Transactions at NRG Energy

In other news, VP Virginia Kinney sold 20,000 shares of NRG Energy stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the completion of the sale, the vice president directly owned 45,111 shares in the company, valued at approximately $5,752,554.72. This trade represents a 30.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.43% of the company’s stock.

Institutional Investors Weigh In On NRG Energy

Several institutional investors and hedge funds have recently made changes to their positions in NRG. State Street Corp raised its position in shares of NRG Energy by 2.2% during the 4th quarter. State Street Corp now owns 10,868,408 shares of the utilities provider’s stock worth $1,730,685,000 after purchasing an additional 234,666 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of NRG Energy by 178.1% during the fourth quarter. Victory Capital Management Inc. now owns 7,676,513 shares of the utilities provider’s stock valued at $1,222,409,000 after acquiring an additional 4,916,653 shares during the last quarter. Geode Capital Management LLC increased its position in NRG Energy by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 5,637,726 shares of the utilities provider’s stock worth $910,324,000 after purchasing an additional 82,162 shares in the last quarter. Invesco Ltd. raised its stake in NRG Energy by 0.6% in the 3rd quarter. Invesco Ltd. now owns 4,880,954 shares of the utilities provider’s stock valued at $790,471,000 after purchasing an additional 31,238 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in NRG Energy by 16.7% in the 1st quarter. Bank of America Corp DE now owns 2,192,394 shares of the utilities provider’s stock valued at $320,396,000 after purchasing an additional 313,410 shares in the last quarter. 97.72% of the stock is currently owned by hedge funds and other institutional investors.

NRG Energy Stock Performance

Shares of NRG opened at $129.12 on Monday. NRG Energy has a 1 year low of $120.11 and a 1 year high of $189.96. The stock has a 50-day simple moving average of $135.32 and a 200-day simple moving average of $149.66. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84. The stock has a market capitalization of $27.24 billion, a PE ratio of 151.91 and a beta of 1.21.

NRG Energy (NYSE:NRG) last released 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 analysts’ expectations of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.NRG Energy’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same period last year, the firm posted $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, analysts predict that NRG Energy will post 8.89 earnings per share for the current fiscal year.

NRG Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were paid a $0.475 dividend. The ex-dividend date was Friday, May 1st. This represents a $1.90 annualized dividend and a dividend yield of 1.5%. NRG Energy’s dividend payout ratio (DPR) is 223.53%.

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.