NRG Energy, Inc. (NYSE:NRG – Get Free Report) VP Virginia Kinney sold 20,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the transaction, the vice president owned 45,111 shares in the company, valued at $5,752,554.72. This represents a 30.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NRG Energy Stock Performance
NRG traded up $0.06 during trading on Wednesday, hitting $132.16. The stock had a trading volume of 1,627,323 shares, compared to its average volume of 2,321,358. The firm has a market cap of $27.89 billion, a PE ratio of 155.49 and a beta of 1.24. NRG Energy, Inc. has a 12 month low of $120.11 and a 12 month high of $189.96. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 4.68. The company has a 50 day simple moving average of $143.24 and a 200-day simple moving average of $153.05.
NRG Energy (NYSE:NRG – Get Free Report) last issued its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.30). NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The business had revenue of $10.26 billion for the quarter, compared to analyst estimates of $8.43 billion. During the same quarter last year, the firm posted $2.68 earnings per share. NRG Energy’s revenue was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Analysts expect that NRG Energy, Inc. will post 8.98 EPS for the current year.
NRG Energy Dividend Announcement
Analyst Upgrades and Downgrades
NRG has been the subject of several analyst reports. Evercore initiated coverage on shares of NRG Energy in a report on Wednesday, February 25th. They set an “outperform” rating and a $215.00 price target for the company. Zacks Research raised shares of NRG Energy from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Barclays cut their price target 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. Weiss Ratings downgraded shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 11th. Finally, Morgan Stanley set a $162.00 target price on shares of NRG Energy in a research note on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, NRG Energy currently has a consensus rating of “Moderate Buy” and an average target price of $199.69.
Institutional Investors Weigh In On NRG Energy
Institutional investors and hedge funds have recently modified their holdings of the business. MV Capital Management Inc. bought a new stake in shares of NRG Energy during the fourth quarter worth approximately $27,000. Motiv8 Investments LLC acquired a new position in NRG Energy during the fourth quarter valued at approximately $27,000. Core Wealth Advisors LLC acquired a new position in NRG Energy during the fourth quarter valued at approximately $28,000. EMC Capital Management acquired a new position in NRG Energy during the fourth quarter valued at approximately $30,000. Finally, SHP Wealth Management acquired a new position in NRG Energy during the fourth quarter valued at approximately $32,000. 97.72% of the stock is owned by institutional investors.
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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