FY2028 EPS Estimates for Vistra Raised by Seaport Res Ptn

Vistra Corp. (NYSE:VST - Free Report) - Equities researchers at Seaport Res Ptn increased their FY2028 earnings per share estimates for shares of Vistra in a note issued to investors on Wednesday, December 11th. Seaport Res Ptn analyst A. Storozynski now expects that the company will post earnings of $17.11 per share for the year, up from their previous forecast of $15.62. The consensus estimate for Vistra's current full-year earnings is $4.48 per share.

Several other equities analysts also recently issued reports on the stock. JPMorgan Chase & Co. started coverage on shares of Vistra in a research note on Thursday, October 17th. They issued an "overweight" rating and a $178.00 price objective for the company. Jefferies Financial Group raised their price target on Vistra from $99.00 to $137.00 and gave the stock a "buy" rating in a research note on Tuesday, September 24th. Guggenheim boosted their price objective on Vistra from $133.00 to $177.00 and gave the company a "buy" rating in a research note on Tuesday, October 8th. Royal Bank of Canada raised their target price on shares of Vistra from $105.00 to $141.00 and gave the stock an "outperform" rating in a research report on Thursday, October 3rd. Finally, UBS Group reduced their price target on shares of Vistra from $157.00 to $150.00 and set a "buy" rating for the company in a research report on Tuesday, October 22nd. Ten equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $149.10.

Vistra Trading Up 0.3 %

NYSE VST traded up $0.46 on Monday, reaching $145.35. The stock had a trading volume of 4,799,681 shares, compared to its average volume of 6,774,208. The firm has a market capitalization of $49.45 billion, a price-to-earnings ratio of 27.18, a P/E/G ratio of 1.86 and a beta of 1.16. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The stock has a fifty day moving average price of $139.60 and a two-hundred day moving average price of $106.16. Vistra has a 12-month low of $37.38 and a 12-month high of $168.67.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in VST. Redwood Wealth Management Group LLC bought a new stake in Vistra during the second quarter valued at about $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Vistra in the third quarter worth $30,000. Mark Sheptoff Financial Planning LLC bought a new position in Vistra during the 3rd quarter valued at about $30,000. CVA Family Office LLC raised its holdings in shares of Vistra by 1,505.9% in the third quarter. CVA Family Office LLC now owns 273 shares of the company's stock worth $32,000 after buying an additional 256 shares during the period. Finally, EdgeRock Capital LLC bought a new stake in shares of Vistra during the second quarter worth $34,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Vistra news, Director Scott B. Helm sold 20,000 shares of the firm's stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the completion of the transaction, the director now owns 343,350 shares in the company, valued at approximately $47,990,029.50. This trade represents a 5.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Scott A. Hudson sold 115,000 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $164.16, for a total transaction of $18,878,400.00. Following the transaction, the executive vice president now directly owns 254,932 shares in the company, valued at $41,849,637.12. This trade represents a 31.09 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 342,100 shares of company stock valued at $55,087,314 in the last 90 days. 1.42% of the stock is currently owned by insiders.

Vistra announced that its Board of Directors has initiated a stock repurchase plan on Thursday, November 7th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback plans are often a sign that the company's management believes its shares are undervalued.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 20th will be issued a $0.221 dividend. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date is Friday, December 20th. This represents a $0.88 annualized dividend and a dividend yield of 0.61%. Vistra's dividend payout ratio (DPR) is presently 16.42%.

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.