NRG Energy (NYSE:NRG) Issues Quarterly Earnings Results

NRG Energy (NYSE:NRG) issued its quarterly earnings data on Monday. The utilities provider reported $2.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $1.90, Zacks reports. NRG Energy had a net margin of 3.43% and a return on equity of 48.96%. NRG Energy updated its FY 2025 guidance to 6.750-7.750 EPS.

NRG Energy Price Performance

NRG Energy stock opened at $119.25 on Monday. The firm has a market cap of $24.29 billion, a PE ratio of 29.96, a price-to-earnings-growth ratio of 1.01 and a beta of 1.00. NRG Energy has a 52-week low of $65.11 and a 52-week high of $133.56. The company has a quick ratio of 1.10, a current ratio of 1.17 and a debt-to-equity ratio of 5.57. The company’s 50 day moving average is $99.45 and its two-hundred day moving average is $98.83.

NRG Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be given a dividend of $0.44 per share. The ex-dividend date is Thursday, May 1st. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.48%. NRG Energy’s payout ratio is currently 35.92%.

Institutional Investors Weigh In On NRG Energy

An institutional investor recently raised its position in NRG Energy stock. Brighton Jones LLC raised its holdings in NRG Energy, Inc. (NYSE:NRG) by 41.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,187 shares of the utilities provider’s stock after purchasing an additional 1,528 shares during the quarter. Brighton Jones LLC’s holdings in NRG Energy were worth $468,000 as of its most recent filing with the SEC. 97.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NRG. Wells Fargo & Company upped their target price on shares of NRG Energy from $140.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, February 27th. The Goldman Sachs Group initiated coverage on shares of NRG Energy in a research note on Friday, April 4th. They set a “buy” rating and a $129.00 price target for the company. Morgan Stanley lifted their price objective on shares of NRG Energy from $86.00 to $99.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 19th. Evercore ISI upgraded NRG Energy from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $74.00 to $126.00 in a research report on Tuesday, January 21st. Finally, StockNews.com lowered shares of NRG Energy from a “buy” rating to a “hold” rating in a research note on Saturday, March 8th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $126.38.

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.