Seaport Res Ptn Brokers Reduce Earnings Estimates for Vistra

Vistra Corp. (NYSE:VST - Free Report) - Investment analysts at Seaport Res Ptn reduced their FY2025 earnings per share (EPS) estimates for shares of Vistra in a report released on Monday, March 31st. Seaport Res Ptn analyst A. Storozynski now forecasts that the company will earn $5.84 per share for the year, down from their previous forecast of $6.96. The consensus estimate for Vistra's current full-year earnings is $7.00 per share. Seaport Res Ptn also issued estimates for Vistra's FY2027 earnings at $10.62 EPS and FY2028 earnings at $15.59 EPS.

A number of other research firms also recently commented on VST. Evercore ISI initiated coverage on Vistra in a report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 target price for the company. JPMorgan Chase & Co. cut their price target on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Daiwa America raised shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and lowered their target price for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, Daiwa Capital Markets started coverage on shares of Vistra in a research report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $163.50.

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Vistra Stock Performance

NYSE VST traded down $19.27 on Wednesday, hitting $107.92. 12,711,198 shares of the company's stock were exchanged, compared to its average volume of 7,756,463. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The firm's 50-day moving average price is $143.86 and its two-hundred day moving average price is $141.25. The firm has a market cap of $36.71 billion, a price-to-earnings ratio of 20.13, a P/E/G ratio of 1.12 and a beta of 1.21. Vistra has a fifty-two week low of $64.26 and a fifty-two week high of $199.84.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were issued a $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.83%. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date was Thursday, March 20th. Vistra's payout ratio is 12.62%.

Insider Activity

In other news, Director John William Pitesa bought 1,500 shares of the stock in a transaction on Wednesday, March 12th. The stock was purchased at an average cost of $126.75 per share, with a total value of $190,125.00. Following the purchase, the director now owns 3,467 shares of the company's stock, valued at approximately $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total value of $2,997,449.84. Following the transaction, the director now directly owns 51,063 shares in the company, valued at approximately $6,341,513.97. This represents a 32.10 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.42% of the company's stock.

Institutional Trading of Vistra

A number of hedge funds have recently added to or reduced their stakes in the business. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Vistra in the third quarter worth approximately $222,000. Townsquare Capital LLC raised its stake in Vistra by 12.9% during the third quarter. Townsquare Capital LLC now owns 4,838 shares of the company's stock worth $573,000 after purchasing an additional 554 shares during the period. Hantz Financial Services Inc. purchased a new position in Vistra during the third quarter worth approximately $192,000. Rockefeller Capital Management L.P. boosted its holdings in shares of Vistra by 68.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 21,474 shares of the company's stock valued at $2,545,000 after purchasing an additional 8,727 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in shares of Vistra by 2.5% during the 3rd quarter. Captrust Financial Advisors now owns 42,970 shares of the company's stock valued at $5,094,000 after buying an additional 1,028 shares during the period. 90.88% of the stock is owned by institutional investors and hedge funds.

About Vistra

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.