NRG Energy, Inc. (NYSE:NRG – Free Report) – Scotiabank increased their FY2026 earnings estimates for shares of NRG Energy in a report released on Thursday, May 14th. Scotiabank analyst A. Weisel now expects that the utilities provider will post earnings of $10.02 per share for the year, up from their previous estimate of $9.49. The consensus estimate for NRG Energy’s current full-year earnings is $8.82 per share. Scotiabank also issued estimates for NRG Energy’s FY2027 earnings at $11.12 EPS.
A number of other analysts also recently issued reports on the stock. Evercore assumed coverage on shares of NRG Energy in a report on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 price objective for the company. Raymond James Financial set a $210.00 price objective on shares of NRG Energy in a report on Monday, April 27th. Barclays cut their price objective on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a report on Tuesday, March 31st. Morgan Stanley set a $159.00 price objective on shares of NRG Energy in a report on Friday, May 1st. Finally, Wolfe Research raised shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a report on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold 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 $199.46.
NRG Energy Stock Performance
Shares of NRG stock opened at $134.67 on Friday. The company has a market capitalization of $28.41 billion, a price-to-earnings ratio of 158.43 and a beta of 1.32. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84. The company has a 50-day simple moving average of $153.26 and a 200 day simple moving average of $159.29. NRG Energy has a 52 week low of $129.24 and a 52 week high of $189.96.
NRG Energy (NYSE:NRG – Get Free Report) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.30). The company had revenue of $10.26 billion for the quarter, compared to the consensus estimate of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The business’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period in the previous year, the firm posted $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS.
NRG Energy Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be given a $0.475 dividend. The ex-dividend date is Friday, May 1st. This represents a $1.90 annualized dividend and a dividend yield of 1.4%. NRG Energy’s payout ratio is presently 223.53%.
Insider Activity at NRG Energy
In other news, VP Virginia Kinney sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $156.65, for a total value of $783,250.00. Following the completion of the transaction, the vice president directly owned 55,495 shares in the company, valued at approximately $8,693,291.75. The trade was a 8.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.43% of the company’s stock.
Hedge Funds Weigh In On NRG Energy
Several hedge funds and other institutional investors have recently made changes to their positions in NRG. Reaves W H & Co. Inc. increased its position in NRG Energy by 122.8% during the 3rd quarter. Reaves W H & Co. Inc. now owns 295,471 shares of the utilities provider’s stock worth $47,852,000 after purchasing an additional 162,874 shares in the last quarter. MidWestOne Financial Group Inc. increased its position in NRG Energy by 58.1% during the 3rd quarter. MidWestOne Financial Group Inc. now owns 19,992 shares of the utilities provider’s stock worth $3,238,000 after purchasing an additional 7,344 shares in the last quarter. Schroder Investment Management Group increased its position in NRG Energy by 7.6% during the 3rd quarter. Schroder Investment Management Group now owns 1,225,329 shares of the utilities provider’s stock worth $198,442,000 after purchasing an additional 86,528 shares in the last quarter. Border to Coast Pensions Partnership Ltd acquired a new position in NRG Energy during the 3rd quarter worth approximately $27,003,000. Finally, Korea Investment CORP increased its position in NRG Energy by 13.4% during the 3rd quarter. Korea Investment CORP now owns 277,027 shares of the utilities provider’s stock worth $44,865,000 after purchasing an additional 32,672 shares in the last quarter. 97.72% of the stock is currently owned by institutional investors and hedge funds.
NRG Energy Company Profile
NRG Energy (NYSE: NRG) is a U.S.-based integrated power company headquartered in Houston, Texas. The company develops, owns and operates a diversified portfolio of power generation assets and participates in wholesale and retail energy markets. NRG supplies electricity to utilities, commercial and industrial customers, and retail consumers, while also providing energy-related products and services designed to manage consumption and support reliability.
NRG’s generation mix includes conventional thermal plants as well as renewable and distributed energy resources.
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