Seaport Res Ptn Weighs in on NRG Energy, Inc.’s FY2025 Earnings (NYSE:NRG)

NRG Energy, Inc. (NYSE:NRG) – Analysts at Seaport Res Ptn cut their FY2025 earnings estimates for shares of NRG Energy in a note issued to investors on Sunday, April 14th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings of $7.20 per share for the year, down from their previous forecast of $7.40. The consensus estimate for NRG Energy’s current full-year earnings is $5.36 per share. Seaport Res Ptn also issued estimates for NRG Energy’s FY2028 earnings at $11.81 EPS.

NRG Energy (NYSE:NRG) last released its earnings results on Wednesday, February 28th. The utilities provider reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.20. NRG Energy had a negative net margin of 0.70% and a positive return on equity of 44.03%. The firm had revenue of $6.81 billion during the quarter, compared to analyst estimates of $7.51 billion.

A number of other equities analysts have also weighed in on NRG. Citigroup upped their target price on shares of NRG Energy from $52.00 to $62.00 and gave the stock a “buy” rating in a research note on Friday, March 1st. BMO Capital Markets boosted their price target on shares of NRG Energy from $58.00 to $59.00 and gave the stock a “market perform” rating in a research report on Thursday, February 29th. Morgan Stanley boosted their price target on shares of NRG Energy from $51.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 26th. Wells Fargo & Company upped their target price on shares of NRG Energy from $78.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, March 25th. Finally, Evercore ISI upped their target price on shares of NRG Energy from $55.00 to $65.00 and gave the company an “in-line” rating in a report on Monday, March 18th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $59.50.

NRG Energy Price Performance

NRG opened at $74.54 on Tuesday. The company has a fifty day moving average price of $62.04 and a two-hundred day moving average price of $52.52. The company has a debt-to-equity ratio of 4.49, a quick ratio of 0.96 and a current ratio of 1.02. NRG Energy has a 52 week low of $30.52 and a 52 week high of $76.54. The firm has a market capitalization of $16.01 billion, a PE ratio of -69.66 and a beta of 1.13.

Hedge Funds Weigh In On NRG Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its holdings in NRG Energy by 145.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,746,180 shares of the utilities provider’s stock valued at $182,064,000 after buying an additional 2,812,434 shares during the last quarter. Voloridge Investment Management LLC raised its holdings in NRG Energy by 2,317.0% during the 4th quarter. Voloridge Investment Management LLC now owns 1,759,559 shares of the utilities provider’s stock valued at $90,969,000 after buying an additional 1,686,761 shares during the last quarter. Brandywine Global Investment Management LLC bought a new stake in NRG Energy during the 1st quarter valued at $49,072,000. Hudson Bay Capital Management LP raised its holdings in NRG Energy by 326.7% during the 1st quarter. Hudson Bay Capital Management LP now owns 1,600,000 shares of the utilities provider’s stock valued at $54,864,000 after buying an additional 1,225,000 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC raised its holdings in NRG Energy by 3,477.2% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 976,589 shares of the utilities provider’s stock valued at $37,618,000 after buying an additional 949,289 shares during the last quarter. Hedge funds and other institutional investors own 97.72% of the company’s stock.

Insider Activity

In related news, VP Rasesh M. Patel sold 49,092 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $62.59, for a total transaction of $3,072,668.28. Following the completion of the transaction, the vice president now owns 356,962 shares of the company’s stock, valued at $22,342,251.58. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.61% of the company’s stock.

NRG Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st were given a $0.4075 dividend. This is a positive change from NRG Energy’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Wednesday, January 31st. This represents a $1.63 annualized dividend and a yield of 2.19%. NRG Energy’s payout ratio is currently -152.34%.

NRG Energy Company Profile

NRG Energy, Inc, together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through Texas; East; West/Services/Other; Vivint Smart Home; and Corporate Activities segments. The company produces and sells electricity generated using coal, oil, solar, and battery storage; natural gas; and a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions.