NRG Energy (NYSE:NRG) Releases Quarterly Earnings Results, Beats Expectations By $0.48 EPS

NRG Energy (NYSE:NRG) released its earnings results on Wednesday. The utilities provider reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.48, Zacks reports. NRG Energy had a net margin of 3.43% and a return on equity of 48.96%. NRG Energy updated its FY 2025 guidance to 6.750-7.750 EPS.

NRG Energy Stock Up 12.1 %

Shares of NRG traded up $12.36 during trading hours on Wednesday, reaching $114.80. 1,953,631 shares of the stock traded hands, compared to its average volume of 2,958,596. NRG Energy has a 52 week low of $52.57 and a 52 week high of $115.38. The company has a current ratio of 1.17, a quick ratio of 1.10 and a debt-to-equity ratio of 5.57. The stock has a fifty day simple moving average of $100.99 and a 200 day simple moving average of $93.23. The company has a market cap of $23.26 billion, a price-to-earnings ratio of 28.85, a PEG ratio of 1.01 and a beta of 1.15.

NRG Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 1.53%. This is an increase from NRG Energy’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend was Monday, February 3rd. NRG Energy’s payout ratio is currently 44.22%.

Insider Transactions at NRG Energy

In other news, CFO Bruce Chung sold 20,000 shares of the firm’s stock in a transaction on Monday, January 13th. The stock was 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 directly owns 69,454 shares of the company’s stock, valued at $6,780,794.02. This trade represents a 22.36 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Robert J. Gaudette sold 60,000 shares of NRG Energy stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $91.41, for a total value of $5,484,600.00. Following the sale, the vice president now owns 64,448 shares in the company, valued at $5,891,191.68. The trade was a 48.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

NRG has been the topic of several research 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. Evercore ISI raised NRG Energy from an “in-line” rating to an “outperform” rating and upped their price target for the stock from $74.00 to $126.00 in a research note on Tuesday, January 21st. Morgan Stanley raised their price objective on NRG Energy from $86.00 to $99.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 19th. Wells Fargo & Company upped their target price on NRG Energy from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. Finally, Citigroup lifted their price target on shares of NRG Energy from $84.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, NRG Energy has a consensus rating of “Moderate Buy” and a consensus target price of $113.71.

NRG Energy Company Profile

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.