NRG Energy FY2025 EPS Estimate Lifted by Seaport Res Ptn

NRG Energy, Inc. (NYSE:NRG - Free Report) - Equities researchers at Seaport Res Ptn lifted their FY2025 earnings estimates for NRG Energy in a research report issued on Wednesday, March 5th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will post earnings of $7.60 per share for the year, up from their prior estimate of $7.59. The consensus estimate for NRG Energy's current full-year earnings is $6.36 per share.

A number of other brokerages also recently issued reports on NRG. Evercore ISI upgraded NRG Energy from an "in-line" rating to an "outperform" rating and increased their price target for the stock from $74.00 to $126.00 in a research report on Tuesday, January 21st. Guggenheim increased their price target on NRG Energy from $134.00 to $145.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. StockNews.com downgraded NRG Energy from a "buy" rating to a "hold" rating in a research report on Saturday. BMO Capital Markets boosted their price target on shares of NRG Energy from $100.00 to $115.00 and gave the stock a "market perform" rating in a report on Monday, March 3rd. Finally, Morgan Stanley boosted their price target on shares of NRG Energy from $86.00 to $99.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 19th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $123.29.

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NRG Energy Stock Performance

NRG traded down $3.12 on Thursday, reaching $88.02. The stock had a trading volume of 4,669,265 shares, compared to its average volume of 3,022,387. NRG Energy has a 12-month low of $59.50 and a 12-month high of $117.26. The company has a current ratio of 1.17, a quick ratio of 1.10 and a debt-to-equity ratio of 5.57. The business's 50-day moving average price is $102.48 and its two-hundred day moving average price is $94.05. The company has a market cap of $17.43 billion, a P/E ratio of 22.11, a price-to-earnings-growth ratio of 1.01 and a beta of 1.13.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Everence Capital Management Inc. purchased a new stake in shares of NRG Energy in the 4th quarter valued at approximately $549,000. Meyer Handelman Co. raised its position in NRG Energy by 43.8% in the fourth quarter. Meyer Handelman Co. now owns 78,982 shares of the utilities provider's stock valued at $7,126,000 after purchasing an additional 24,062 shares during the period. Luxor Capital Group LP raised its position in NRG Energy by 47.8% in the third quarter. Luxor Capital Group LP now owns 520,591 shares of the utilities provider's stock valued at $47,426,000 after purchasing an additional 168,267 shares during the period. Pine Valley Investments Ltd Liability Co raised its position in NRG Energy by 25.1% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 50,027 shares of the utilities provider's stock valued at $4,557,000 after purchasing an additional 10,031 shares during the period. Finally, Bank of Hawaii raised its position in NRG Energy by 95.5% in the third quarter. Bank of Hawaii now owns 15,685 shares of the utilities provider's stock valued at $1,429,000 after purchasing an additional 7,662 shares during the period. Hedge funds and other institutional investors own 97.72% of the company's stock.

Insider Activity

In other news, CFO Bruce Chung sold 20,000 shares of NRG Energy stock in a transaction on Monday, January 13th. The stock was sold at an average price of $97.63, for a total transaction of $1,952,600.00. Following the transaction, the chief financial officer now owns 69,454 shares in the company, valued at $6,780,794.02. The trade was a 22.36 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Robert J. Gaudette sold 60,000 shares of NRG Energy stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $91.41, for a total value of $5,484,600.00. Following the transaction, the vice president now owns 64,448 shares in the company, valued at approximately $5,891,191.68. This represents a 48.21 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.86% of the company's stock.

NRG Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd were paid a $0.44 dividend. This is an increase from NRG Energy's previous quarterly dividend of $0.41. This represents a $1.76 annualized dividend and a dividend yield of 2.00%. The ex-dividend date of this dividend was Monday, February 3rd. NRG Energy's dividend payout ratio (DPR) is currently 35.92%.

NRG Energy Company Profile

NRG Energy, Inc, together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through Texas; East; West/Services/Other; Vivint Smart Home; and Corporate Activities segments. The company produces and sells electricity generated using coal, oil, solar, and battery storage; natural gas; and a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions.