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

Shares of Vistra Corp. (NYSE:VST) have received an average recommendation of “Buy” from the sixteen analysts that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $233.3333.

A number of research firms recently issued reports on VST. Jefferies Financial Group reissued a “buy” rating and set a $190.00 price target on shares of Vistra in a report on Thursday, May 21st. Wells Fargo & Company lowered their price target on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target on the stock in a report on Friday, February 6th. TD Cowen lowered their price target on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Finally, Morgan Stanley reissued an “overweight” rating and set a $212.00 price target on shares of Vistra in a report on Thursday, May 21st.

Insider Buying and Selling at Vistra

In other news, CAO Margaret Montemayor sold 5,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $164.96, for a total transaction of $824,800.00. Following the completion of the sale, the chief accounting officer directly owned 14,360 shares of the company’s stock, valued at $2,368,825.60. The trade was a 25.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Stephanie Zapata Moore sold 10,000 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the sale, the executive vice president directly owned 114,409 shares of the company’s stock, valued at approximately $18,340,906.79. This trade represents a 8.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.92% of the company’s stock.

Institutional Investors Weigh In On Vistra

Several institutional investors and hedge funds have recently bought and sold shares of VST. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Vistra in the 4th quarter worth about $25,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in Vistra in the 3rd quarter worth about $28,000. Mcguire Capital Advisors Inc. bought a new stake in shares of Vistra during the fourth quarter valued at about $28,000. Kemnay Advisory Services Inc. bought a new stake in shares of Vistra during the fourth quarter valued at about $30,000. Finally, Strive Financial Group LLC acquired a new position in shares of Vistra during the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Down 3.5%

Shares of NYSE VST opened at $154.70 on Tuesday. The stock has a market cap of $52.16 billion, a P/E ratio of 25.91 and a beta of 1.43. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. Vistra has a 12-month low of $132.66 and a 12-month high of $219.82. The business’s fifty day simple moving average is $153.95 and its 200-day simple moving average is $161.72.

Vistra (NYSE:VST) last posted its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. The company had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. As a group, equities analysts predict that Vistra will post 9.3 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be given a dividend of $0.229 per share. The ex-dividend date is Monday, June 22nd. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is presently 15.24%.

About Vistra

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.