Vistra Corp. (NYSE:VST) Given Consensus Recommendation of “Buy” by Analysts

Vistra Corp. (NYSE:VSTGet Free Report) has received a consensus rating of “Buy” from the sixteen analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation, twelve have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $236.8667.

Several analysts recently issued reports on VST shares. Jefferies Financial Group raised Vistra from a “hold” rating to a “buy” rating and raised their target price for the stock from $191.00 to $203.00 in a research note on Tuesday, February 10th. The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 target price on the stock in a research note on Friday, February 6th. JPMorgan Chase & Co. raised their target price on Vistra from $239.00 to $240.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Bank of America cut their target price on Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. Finally, Wells Fargo & Company cut their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th.

Read Our Latest Analysis on VST

More Vistra News

Here are the key news stories impacting Vistra this week:

Vistra Stock Down 0.2%

Shares of NYSE:VST opened at $163.14 on Monday. The stock’s 50-day moving average price is $161.28 and its 200-day moving average price is $170.46. Vistra has a 12-month low of $103.34 and a 12-month high of $219.82. The stock has a market capitalization of $55.23 billion, a P/E ratio of 75.18, a price-to-earnings-growth ratio of 0.99 and a beta of 1.49. The company has a current ratio of 0.78, a quick ratio of 0.69 and a debt-to-equity ratio of 6.01.

Vistra (NYSE:VSTGet Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported $2.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). Vistra had a net margin of 5.32% and a return on equity of 81.09%. The company had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $5.75 billion. On average, equities analysts anticipate that Vistra will post 7 earnings per share for the current year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 20th were paid a $0.228 dividend. The ex-dividend date of this dividend was Friday, March 20th. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a dividend yield of 0.6%. Vistra’s payout ratio is 41.94%.

Insider Activity

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $160.31, for a total value of $1,603,100.00. Following the sale, the executive vice president directly owned 114,409 shares of the company’s stock, valued at $18,340,906.79. This trade represents a 8.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.92% of the stock is owned by insiders.

Institutional Trading of Vistra

Large investors have recently modified their holdings of the business. Salomon & Ludwin LLC bought a new stake in shares of Vistra in the third quarter worth about $25,000. Quent Capital LLC bought a new stake in Vistra during the 3rd quarter valued at approximately $25,000. Archer Investment Corp boosted its position in Vistra by 2,700.0% during the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares in the last quarter. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in Vistra during the 3rd quarter valued at approximately $28,000. Finally, Orion Capital Management LLC bought a new stake in Vistra during the 3rd quarter valued at approximately $29,000. 90.88% of the stock is owned by institutional investors.

About Vistra

(Get Free Report)

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.

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Analyst Recommendations for Vistra (NYSE:VST)

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