NRG Energy (NYSE:NRG – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 6.750-7.750 for the period, compared to the consensus earnings per share estimate of 7.370. The company issued revenue guidance of -.
NRG Energy Stock Up 10.5 %
Shares of NRG stock traded up $10.77 during mid-day trading on Wednesday, hitting $113.21. The stock had a trading volume of 1,128,943 shares, compared to its average volume of 2,926,381. The company has a debt-to-equity ratio of 5.57, a current ratio of 1.17 and a quick ratio of 1.10. NRG Energy has a 12-month low of $52.57 and a 12-month high of $115.38. The firm’s 50-day moving average is $100.99 and its two-hundred day moving average is $93.23. The firm has a market capitalization of $22.93 billion, a P/E ratio of 28.33, a price-to-earnings-growth ratio of 1.01 and a beta of 1.15.
NRG Energy (NYSE:NRG – Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The utilities provider reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.48. NRG Energy had a return on equity of 48.96% and a net margin of 3.43%. On average, analysts predict that NRG Energy will post 6.36 earnings per share for the current fiscal year.
NRG Energy Increases Dividend
Wall Street Analysts Forecast Growth
NRG has been the topic of several recent analyst reports. BMO Capital Markets upped their price objective on shares of NRG Energy from $94.00 to $100.00 and gave the company a “market perform” rating in a report on Tuesday, November 19th. Morgan Stanley upped their price target on shares of NRG Energy from $86.00 to $99.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 19th. Evercore ISI upgraded shares of NRG Energy from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $74.00 to $126.00 in a research note on Tuesday, January 21st. Citigroup upped their target price on NRG Energy from $84.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Finally, Jefferies Financial Group upgraded NRG Energy from a “hold” rating to a “buy” rating and boosted their price target for the company from $93.00 to $113.00 in a research note on Tuesday, November 26th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, NRG Energy currently has an average rating of “Moderate Buy” and an average price target of $113.71.
Get Our Latest Stock Analysis on NRG
Insider Buying and Selling
In other NRG Energy news, VP Robert J. Gaudette sold 60,000 shares of NRG Energy stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $91.41, for a total transaction of $5,484,600.00. Following the sale, the vice president now owns 64,448 shares of the company’s stock, valued at $5,891,191.68. The trade was a 48.21 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Bruce Chung sold 20,000 shares of the stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $97.63, for a total transaction of $1,952,600.00. Following the completion of the sale, the chief financial officer now owns 69,454 shares of the company’s stock, valued at $6,780,794.02. This trade represents a 22.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.61% of the company’s stock.
About NRG Energy
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.
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