NRG Energy Inc Declares Quarterly Dividend of $0.14 (NRG)
NRG Energy (NYSE:NRG) announced a quarterly dividend on Monday, April 21st, Stock Ratings Network reports. Shareholders of record on Thursday, May 1st will be paid a dividend of 0.14 per share on Thursday, May 15th. This represents a $0.56 annualized dividend and a dividend yield of 1.74%.
NRG has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of NRG Energy from a “sell” rating to a “buy” rating in a research note on Friday, April 11th. On the ratings front, analysts at UBS AG raised their price target on shares of NRG Energy from $30.00 to $39.00 in a research note on Wednesday, April 9th. They now have a “buy” rating on the stock. Finally, analysts at Macquarie raised their price target on shares of NRG Energy from $33.00 to $34.00 in a research note on Friday, April 4th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. NRG Energy presently has an average rating of “Buy” and a consensus price target of $33.55.
Shares of NRG Energy (NYSE:NRG) opened at 32.21 on Monday. NRG Energy has a 52-week low of $24.86 and a 52-week high of $33.03. The stock has a 50-day moving average of $30.66 and a 200-day moving average of $28.67. The company’s market cap is $10.475 billion.
NRG Energy (NYSE:NRG) last announced its earnings results on Friday, February 28th. The company reported ($0.90) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.17 by $1.07. During the same quarter in the prior year, the company posted $2.06 earnings per share. On average, analysts predict that NRG Energy will post $1.92 earnings per share for the current fiscal year.
NRG Energy, Inc (NYSE:NRG) is an integrated wholesale power generation and retail electricity company in the United States.
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