NRG Energy (NYSE:NRG) VP Sells $2,550,400.00 in Stock

NRG Energy, Inc. (NYSE:NRG) VP Virginia Kinney sold 20,000 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $127.52, for a total value of $2,550,400.00. Following the completion of the transaction, the vice president owned 45,111 shares of the company’s stock, valued at $5,752,554.72. This represents a 30.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

NRG Energy Price Performance

NRG stock opened at $135.13 on Friday. The company has a market capitalization of $28.51 billion, a P/E ratio of 158.98 and a beta of 1.24. The company has a fifty day moving average price of $142.38 and a 200-day moving average price of $152.69. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84. NRG Energy, Inc. has a 52-week low of $120.11 and a 52-week high of $189.96.

NRG Energy (NYSE:NRG) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.30). The business had revenue of $10.26 billion during the quarter, compared to the consensus estimate of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The business’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, equities analysts expect that NRG Energy, Inc. will post 8.98 EPS for the current year.

NRG Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were paid a $0.475 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.90 annualized dividend and a dividend yield of 1.4%. NRG Energy’s dividend payout ratio is presently 223.53%.

Wall Street Analysts Forecast Growth

NRG has been the topic of a number of recent analyst reports. BNP Paribas Exane initiated coverage on NRG Energy in a research note on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 price objective on the stock. Barclays decreased their target price on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a research report on Tuesday, March 31st. Wolfe Research upgraded shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price target for the company in a report on Wednesday, March 18th. Weiss Ratings downgraded shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. Finally, Zacks Research raised shares of NRG Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $199.69.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in NRG. MV Capital Management Inc. acquired a new stake in NRG Energy during the fourth quarter worth approximately $27,000. Motiv8 Investments LLC acquired a new position in NRG Energy in the fourth quarter valued at approximately $27,000. Core Wealth Advisors LLC acquired a new position in NRG Energy in the fourth quarter valued at approximately $28,000. EMC Capital Management bought a new position in shares of NRG Energy during the 4th quarter worth approximately $30,000. Finally, SHP Wealth Management acquired a new stake in shares of NRG Energy during the 4th quarter worth approximately $32,000. 97.72% of the stock is owned by institutional investors and hedge funds.

NRG Energy Company Profile

NRG Energy (NYSE: NRG) is a U.S.-based integrated power company headquartered in Houston, Texas. The company develops, owns and operates a diversified portfolio of power generation assets and participates in wholesale and retail energy markets. NRG supplies electricity to utilities, commercial and industrial customers, and retail consumers, while also providing energy-related products and services designed to manage consumption and support reliability.

NRG’s generation mix includes conventional thermal plants as well as renewable and distributed energy resources.