NRG Energy, Inc. (NYSE:NRG) Receives Average Rating of “Moderate Buy” from Brokerages

NRG Energy, Inc. (NYSE:NRG) has been given a consensus rating of “Moderate Buy” by the sixteen analysts that are presently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $197.80.

A number of research analysts have issued reports on the stock. Barclays reduced their price objective on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 31st. Morgan Stanley set a $165.00 target price on shares of NRG Energy in a research note on Wednesday, June 24th. Williams Trading set a $184.00 price target on shares of NRG Energy in a research report on Monday, July 6th. Siebert Williams Shank assumed coverage on shares of NRG Energy in a research note on Monday, July 6th. They issued a “buy” rating and a $184.00 price target for the company. Finally, Raymond James Financial set a $210.00 price objective on shares of NRG Energy in a report on Monday, April 27th.

NRG Energy Price Performance

NRG opened at $140.60 on Monday. 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 has a 52-week low of $120.11 and a 52-week high of $189.96. The stock has a market capitalization of $29.66 billion, a PE ratio of 165.41 and a beta of 1.21. The stock’s 50 day moving average price is $136.64 and its 200-day moving average price is $150.42.

NRG Energy (NYSE:NRG) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The business had revenue of $10.26 billion for the quarter, compared to the consensus estimate of $8.43 billion. During the same quarter in the prior year, the company earned $2.68 EPS. NRG Energy’s revenue was up 19.5% compared to the same quarter last year. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, equities research analysts predict that NRG Energy will post 8.89 EPS for the current year.

NRG Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given 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 currently 223.53%.

Insider Activity at NRG Energy

In related news, VP Virginia Kinney sold 20,000 shares of NRG Energy stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the sale, the vice president directly owned 45,111 shares in the company, valued at $5,752,554.72. The trade was a 30.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by insiders.

Hedge Funds Weigh In On NRG Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in NRG. State Street Corp boosted its holdings in shares of NRG Energy by 2.2% during the 4th quarter. State Street Corp now owns 10,868,408 shares of the utilities provider’s stock valued at $1,730,685,000 after buying an additional 234,666 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of NRG Energy by 178.1% in the 4th quarter. Victory Capital Management Inc. now owns 7,676,513 shares of the utilities provider’s stock worth $1,222,409,000 after buying an additional 4,916,653 shares during the period. Geode Capital Management LLC increased its stake in shares of NRG Energy by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 5,637,726 shares of the utilities provider’s stock worth $910,324,000 after acquiring an additional 82,162 shares in the last quarter. Invesco Ltd. lifted its position in NRG Energy by 0.6% during the 3rd quarter. Invesco Ltd. now owns 4,880,954 shares of the utilities provider’s stock valued at $790,471,000 after acquiring an additional 31,238 shares during the period. Finally, Bank of America Corp DE lifted its position in NRG Energy by 16.7% during the 1st quarter. Bank of America Corp DE now owns 2,192,394 shares of the utilities provider’s stock valued at $320,396,000 after acquiring an additional 313,410 shares during the period. Hedge funds and other institutional investors own 97.72% of the company’s stock.

About NRG Energy

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.