NRG Energy, Inc. (NYSE:NRG) Shareholders to Receive $0.47 Quarterly Dividend

NRG Energy, Inc. (NYSE:NRG) declared a quarterly dividend on Wednesday, October 14th. Investors of record on Monday, November 2nd will be given a dividend of $0.4750 per share by the utilities provider on Monday, November 16th. This represents a $1.90 annualized dividend and a yield of 2.0%. The ex-dividend date is Monday, November 2nd.

NRG Energy has increased its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend every year for the last 1 years. NRG Energy has a payout ratio of 22.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect NRG Energy to earn $10.08 per share next year, which means the company should continue to be able to cover its $1.90 annual dividend with an expected future payout ratio of 18.8%.

NRG Energy Stock Down 1.7%

Shares of NYSE:NRG opened at $95.91 on Friday. The stock’s 50-day moving average price is $104.54 and its two-hundred day moving average price is $135.30. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 5.17. NRG Energy has a 12-month low of $90.80 and a 12-month high of $189.96. The firm has a market cap of $20.24 billion, a price-to-earnings ratio of 25.37 and a beta of 1.17.

NRG Energy (NYSE:NRG) last posted its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.20). The company had revenue of $7.48 billion for the quarter, compared to analyst estimates 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 was up 11.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.73 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, research analysts forecast that NRG Energy will post 8.62 EPS for the current year.

NRG Energy Company Profile

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.