FY2025 EPS Estimates for NRG Energy Increased by Analyst

NRG Energy, Inc. (NYSE:NRG) – Seaport Res Ptn upped their FY2025 earnings per share (EPS) estimates for shares of NRG Energy in a research report issued on Monday, March 31st. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings per share of $7.61 for the year, up from their previous forecast of $7.60. The consensus estimate for NRG Energy’s current full-year earnings is $6.36 per share.

NRG has been the subject of a number of other research reports. Morgan Stanley boosted their price objective on shares of NRG Energy from $86.00 to $99.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 19th. Guggenheim upped their target price on NRG Energy from $134.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, February 27th. Wells Fargo & Company upped their price objective on shares of NRG Energy from $140.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, February 27th. BMO Capital Markets boosted their target price on shares of NRG Energy from $100.00 to $115.00 and gave the company a “market perform” rating in a report on Monday, March 3rd. Finally, Evercore ISI raised shares of 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 note on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, NRG Energy presently has an average rating of “Moderate Buy” and an average target price of $123.29.

NRG Energy Stock Up 0.4 %

Shares of NYSE NRG opened at $95.62 on Tuesday. The company has a debt-to-equity ratio of 5.57, a current ratio of 1.17 and a quick ratio of 1.10. The firm’s 50-day moving average is $101.57 and its two-hundred day moving average is $95.91. NRG Energy has a 12-month low of $65.11 and a 12-month high of $117.26. The company has a market capitalization of $19.47 billion, a PE ratio of 24.03, a price-to-earnings-growth ratio of 1.01 and a beta of 1.13.

Institutional Investors Weigh In On NRG Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. acquired a new position in shares of NRG Energy during the 4th quarter worth about $32,000. Mizuho Bank Ltd. acquired a new stake in shares of NRG Energy during the 4th quarter valued at about $41,000. UMB Bank n.a. boosted its holdings in NRG Energy by 100.4% during the fourth quarter. UMB Bank n.a. now owns 455 shares of the utilities provider’s stock valued at $41,000 after purchasing an additional 228 shares in the last quarter. Princeton Global Asset Management LLC lifted its position in shares of NRG Energy by 414.9% during the 4th quarter. Princeton Global Asset Management LLC now owns 484 shares of the utilities provider’s stock worth $44,000 after buying an additional 390 shares during the period. Finally, Larson Financial Group LLC lifted its holdings in shares of NRG Energy by 221.0% during the fourth quarter. Larson Financial Group LLC now owns 504 shares of the utilities provider’s stock valued at $45,000 after acquiring an additional 347 shares during the period. 97.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at NRG Energy

In related news, CFO Bruce Chung sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were 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 directly owns 69,454 shares of the company’s stock, valued at approximately $6,780,794.02. The trade was a 22.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Robert J. Gaudette sold 60,000 shares of NRG Energy stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $91.41, for a total transaction of $5,484,600.00. Following the sale, the vice president now directly owns 64,448 shares of the company’s stock, valued at $5,891,191.68. This trade 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. Shareholders of record on Monday, February 3rd were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from NRG Energy’s previous quarterly dividend of $0.41. NRG Energy’s payout ratio is 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.