Analysts Set NRG Energy, Inc. (NYSE:NRG) PT at $199.69

Shares of NRG Energy, Inc. (NYSE:NRG) have received an average rating of “Moderate Buy” from the fifteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $199.6923.

Several equities analysts have weighed in on NRG shares. Morgan Stanley set a $162.00 target price on shares of NRG Energy in a report on Thursday, May 21st. Wolfe Research upgraded shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a report on Wednesday, March 18th. Zacks Research upgraded shares of NRG Energy from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Barclays decreased their price objective on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. Finally, Evercore began coverage on shares of NRG Energy in a report on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 price objective on the stock.

Insider Activity at NRG Energy

In other news, VP Virginia Kinney sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $156.65, for a total value of $783,250.00. Following the transaction, the vice president directly owned 55,495 shares in the company, valued at approximately $8,693,291.75. This represents a 8.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.43% of the company’s stock.

Hedge Funds Weigh In On NRG Energy

Large investors have recently made changes to their positions in the stock. Catalyst Financial Partners LLC increased its stake in NRG Energy by 5.0% during the 3rd quarter. Catalyst Financial Partners LLC now owns 1,410 shares of the utilities provider’s stock valued at $228,000 after buying an additional 67 shares during the period. McIlrath & Eck LLC increased its stake in NRG Energy by 3.0% during the 4th quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock valued at $376,000 after buying an additional 68 shares during the period. Sound Income Strategies LLC boosted its position in shares of NRG Energy by 17.9% during the 1st quarter. Sound Income Strategies LLC now owns 455 shares of the utilities provider’s stock valued at $68,000 after purchasing an additional 69 shares in the last quarter. Independence Bank of Kentucky boosted its position in shares of NRG Energy by 4.1% during the 4th quarter. Independence Bank of Kentucky now owns 1,798 shares of the utilities provider’s stock valued at $286,000 after purchasing an additional 70 shares in the last quarter. Finally, Childress Capital Advisors LLC boosted its position in shares of NRG Energy by 4.0% during the 4th quarter. Childress Capital Advisors LLC now owns 1,892 shares of the utilities provider’s stock valued at $301,000 after purchasing an additional 72 shares in the last quarter. 97.72% of the stock is currently owned by institutional investors and hedge funds.

NRG Energy Stock Performance

NYSE:NRG opened at $137.80 on Friday. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.78. The firm has a market capitalization of $29.07 billion, a price-to-earnings ratio of 162.11 and a beta of 1.32. The company’s 50-day moving average is $149.05 and its two-hundred day moving average is $156.57. NRG Energy has a 1-year low of $121.22 and a 1-year high of $189.96.

NRG Energy (NYSE:NRG) last posted its earnings results 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 firm had revenue of $10.26 billion during the quarter, compared to analyst estimates of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The business’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Analysts forecast that NRG Energy will post 8.98 EPS for the current year.

NRG Energy Announces Dividend

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

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.