NRG Energy, Inc. (NYSE:NRG – Get Free Report) hit a new 52-week low on Monday after Morgan Stanley lowered their price target on the stock from $162.00 to $159.00. Morgan Stanley currently has an equal weight rating on the stock. NRG Energy traded as low as $103.49 and last traded at $103.8610, with a volume of 3691190 shares traded. The stock had previously closed at $103.66.
NRG has been the subject of several other research reports. Wells Fargo & Company upped their target price on shares of NRG Energy from $203.00 to $209.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. BMO Capital Markets reiterated a “market perform” rating and issued a $214.00 price target on shares of NRG Energy in a research note on Thursday, August 6th. Barclays lifted their target price on NRG Energy from $200.00 to $204.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Weiss Ratings upgraded shares of NRG Energy from a “hold (c-)” rating to a “hold (c+)” rating in a report on Monday, August 17th. Finally, BNP Paribas Exane set a $221.00 price target on shares of NRG Energy in a research report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $198.21.
View Our Latest Stock Report on NRG Energy
Insider Buying and Selling
Hedge Funds Weigh In On NRG Energy
Several institutional investors and hedge funds have recently added to or reduced their stakes in NRG. MV Capital Management Inc. bought a new stake in shares of NRG Energy during the fourth quarter valued at approximately $27,000. Core Wealth Advisors LLC purchased a new position in NRG Energy during the fourth quarter worth approximately $28,000. EMC Capital Management purchased a new stake in shares of NRG Energy in the fourth quarter valued at approximately $30,000. SHP Wealth Management acquired a new position in NRG Energy during the 4th quarter worth about $32,000. Finally, Hilton Head Capital Partners LLC lifted its stake in NRG Energy by 50.0% during the first quarter. Hilton Head Capital Partners LLC now owns 219 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 73 shares during the last quarter. Hedge funds and other institutional investors own 97.72% of the company’s stock.
NRG Energy Trading Down 1.3%
The business has a 50 day moving average of $121.30 and a 200 day moving average of $136.88. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 5.17. The firm has a market cap of $21.59 billion, a price-to-earnings ratio of 27.46 and a beta of 1.18.
NRG Energy (NYSE:NRG – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.20). NRG Energy had a net margin of 2.56% and a return on equity of 52.95%. The firm had revenue of $7.48 billion during the quarter, compared to analyst estimates of $7.31 billion. During the same quarter last year, the company earned $1.73 EPS. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, research analysts forecast that NRG Energy, Inc. will post 8.61 earnings per share for the current fiscal year.
NRG Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were given a $0.475 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.90 annualized dividend and a yield of 1.9%. NRG Energy’s dividend payout ratio (DPR) is presently 50.26%.
NRG Energy Company Profile
NRG Energy, Inc is a North American energy and home services company headquartered in Houston, Texas. The company operates through power generation and energy retail businesses, supplying electricity and related services to residential, commercial and industrial customers.
NRG owns and operates a diverse portfolio of power-generation assets, including natural gas, coal, nuclear and renewable facilities. It also sells electricity and natural gas through brands such as Reliant, Direct Energy and Green Mountain Energy, with retail operations serving customers in competitive energy markets across the United States and Canada.
In addition to its energy operations, NRG provides smart-home, security and related connected-home services through its Vivint business.
Read More
- Five stocks we like better than NRG Energy
- 3 Surging Stocks That Don’t Need the AI Boom to Keep Winning
- Oil Tanker Rates Top $1 Million a Day—3 Ways Investors Can Trade the Surge
- Meta’s Muse Agent Has Wall Street Divided on Its AI Potential
- From Hyperscalers to High-Yield, These 3 Indsutry Giants Are Boosting Dividends
Receive News & Ratings for NRG Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NRG Energy and related companies with MarketBeat.com's FREE daily email newsletter.
