NRG Energy, Inc. (NYSE:NRG) Stock Has Average Target Price of $194.64 According to Brokerages

Shares of NRG Energy, Inc. (NYSE:NRG) have been assigned a consensus recommendation of “Moderate Buy” from the seventeen analysts that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, eleven have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $183.20.

NRG has been the topic of several analyst reports. Scotiabank dropped their target price on NRG Energy from $226.00 to $211.00 and set a “sector outperform” rating on the stock in a report on Wednesday, August 5th. Weiss Ratings raised NRG Energy from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 9th. Wells Fargo & Company upped their price target on NRG Energy from $203.00 to $209.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. UBS Group reaffirmed a “strong-buy” rating and issued a $152.00 price objective on shares of NRG Energy in a research report on Wednesday. Finally, Morgan Stanley lowered their price objective on shares of NRG Energy from $159.00 to $144.00 and set an “equal weight” rating for the company in a research report on Wednesday.

NRG Energy Stock Down 2.2%

Shares of NYSE NRG opened at $92.27 on Wednesday. NRG Energy has a 12-month low of $90.80 and a 12-month high of $189.96. The company has a market cap of $19.47 billion, a P/E ratio of 24.41 and a beta of 1.17. 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 stock has a fifty day moving average price of $106.81 and a 200 day moving average price of $127.85.

NRG Energy (NYSE:NRG) last released its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.49 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.20). The company had revenue of $7.48 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period last year, the business earned $1.73 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Research analysts anticipate that NRG Energy will post 8.62 EPS for the current fiscal year.

NRG Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Monday, November 2nd will be paid a $0.4750 dividend. The ex-dividend date is Monday, November 2nd. This represents a $1.90 annualized dividend and a dividend yield of 2.1%. NRG Energy’s dividend payout ratio is 50.26%.

Insider Buying and Selling at NRG Energy

In related news, CAO Gerald Alfred Spencer sold 1,580 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $120.93, for a total transaction of $191,069.40. Following the completion of the sale, the chief accounting officer directly owned 6,213 shares of the company’s stock, valued at approximately $751,338.09. This trade represents a 20.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.43% of the company’s stock.

Hedge Funds Weigh In On NRG Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Total Wealth Planning & Management Inc. grew its stake in shares of NRG Energy by 2.3% during the third quarter. Total Wealth Planning & Management Inc. now owns 10,173 shares of the utilities provider’s stock valued at $973,000 after acquiring an additional 233 shares in the last quarter. Community Bank of Raymore increased its position in shares of NRG Energy by 43.1% during the third quarter. Community Bank of Raymore now owns 62,950 shares of the utilities provider’s stock worth $6,021,000 after acquiring an additional 18,950 shares during the last quarter. Signaturefd LLC increased its position in shares of NRG Energy by 7.2% during the third quarter. Signaturefd LLC now owns 5,423 shares of the utilities provider’s stock worth $519,000 after acquiring an additional 364 shares during the last quarter. Citizens Financial Group Inc. RI lifted its stake in shares of NRG Energy by 284.8% in the third quarter. Citizens Financial Group Inc. RI now owns 8,401 shares of the utilities provider’s stock worth $804,000 after acquiring an additional 6,218 shares in the last quarter. Finally, Evergreen Capital Management LLC lifted its stake in shares of NRG Energy by 118.2% in the third quarter. Evergreen Capital Management LLC now owns 5,100 shares of the utilities provider’s stock worth $488,000 after acquiring an additional 2,763 shares in the last quarter. 97.72% of the stock is owned by hedge funds and other institutional investors.

About NRG Energy

NRG Energy, Inc is an integrated power and home services company headquartered in Houston, Texas. The company produces and sells electricity through a diverse generation portfolio that includes natural gas, coal, nuclear power, renewable energy and battery storage. NRG serves wholesale and retail energy markets, with operations and customers primarily in the United States and Canada.

Through retail brands including Reliant and Direct Energy, NRG provides electricity, natural gas and related energy products to residential, commercial and industrial customers.