NRG Energy (NYSE:NRG) Issues FY 2025 Earnings Guidance

NRG Energy (NYSE:NRGGet Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 6.750-7.750 for the period, compared to the consensus earnings per share estimate of 6.800. The company issued revenue guidance of -. NRG Energy also updated its FY 2024 guidance to 5.950-6.750 EPS.

Analyst Ratings Changes

NRG has been the topic of several recent analyst reports. Jefferies Financial Group initiated coverage on NRG Energy in a research note on Friday, September 13th. They issued a “hold” rating and a $82.00 price target on the stock. Guggenheim lifted their target price on NRG Energy from $77.00 to $118.00 and gave the company a “buy” rating in a research report on Tuesday, October 8th. Wells Fargo & Company increased their target price on shares of NRG Energy from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday. StockNews.com lowered shares of NRG Energy from a “buy” rating to a “hold” rating in a report on Monday, September 2nd. Finally, Citigroup increased their price objective on shares of NRG Energy from $84.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $97.43.

Check Out Our Latest Report on NRG Energy

NRG Energy Trading Down 1.1 %

Shares of NYSE NRG opened at $91.46 on Thursday. The firm has a 50 day moving average price of $87.92 and a two-hundred day moving average price of $82.18. The stock has a market cap of $18.53 billion, a P/E ratio of 23.24, a price-to-earnings-growth ratio of 1.35 and a beta of 1.10. NRG Energy has a 52-week low of $44.90 and a 52-week high of $102.84. The company has a debt-to-equity ratio of 5.57, a quick ratio of 1.10 and a current ratio of 1.17.

NRG Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be given a dividend of $0.4075 per share. This represents a $1.63 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend is Friday, November 1st. NRG Energy’s dividend payout ratio is currently 40.95%.

Insiders Place Their Bets

In related news, insider Rasesh M. Patel sold 102,603 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $80.35, for a total value of $8,244,151.05. Following the sale, the insider now directly owns 163,680 shares in the company, valued at $13,151,688. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.86% of the company’s stock.

NRG Energy Company Profile

(Get Free Report)

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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Earnings History and Estimates for NRG Energy (NYSE:NRG)

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