NRG Energy, Inc. (NRG) to Distribute Quarterly Dividend of $0.47 on November 16th

NRG Energy, Inc. (NYSE:NRG) declared a quarterly dividend on Wednesday, October 14th. Investors of record on Monday, November 2nd will be given a dividend of $0.4750 per share by the utilities provider on Monday, November 16th. This represents a $1.90 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, November 2nd.

NRG Energy has increased its dividend by an average of 0.1% annually over the last three years and has raised its dividend every year for the last 1 years. NRG Energy has a payout ratio of 22.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect NRG Energy to earn $10.08 per share next year, which means the company should continue to be able to cover its $1.90 annual dividend with an expected future payout ratio of 18.8%.

NRG Energy Trading Down 1.7%

Shares of NRG stock opened at $95.91 on Friday. NRG Energy has a 1 year low of $90.80 and a 1 year high of $189.96. The firm’s fifty day simple moving average is $104.54 and its 200 day simple moving average is $135.30. The firm has a market capitalization of $20.24 billion, a P/E ratio of 25.37 and a beta of 1.17. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 5.17.

NRG Energy (NYSE:NRG) last posted its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.20). The company had revenue of $7.48 billion during the quarter, compared to analyst estimates of $7.31 billion. NRG Energy had a return on equity of 52.95% and a net margin of 2.56%. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.73 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, sell-side analysts predict that NRG Energy will post 8.62 EPS for the current year.

About NRG Energy

NRG Energy, Inc is an integrated power and home services company headquartered in Houston, Texas. The company produces and sells electricity through a diverse generation portfolio that includes natural gas, coal, nuclear power, renewable energy and battery storage. NRG serves wholesale and retail energy markets, with operations and customers primarily in the United States and Canada.

Through retail brands including Reliant and Direct Energy, NRG provides electricity, natural gas and related energy products to residential, commercial and industrial customers.