NRG Energy, Inc. (NYSE:NRG) Shareholders to Receive $0.47 Quarterly Dividend

Key Points

• NRG Energy declared a quarterly dividend of $0.475 per share, payable November 16 to shareholders of record November 2. The dividend represents $1.90 annually and a 1.9% yield.
• The dividend appears well covered, with a 22.7% payout ratio and an expected future payout ratio of 16.8%; however, the company has increased its dividend only modestly in recent years.
• NRG shares fell 4.4% to $99.17 in Monday trading. Its latest quarterly EPS of $1.49 missed analyst expectations of $1.69, although revenue rose 11% year over year to $7.48 billion.

NRG Energy, Inc. (NYSE:NRG - Get Free Report) announced a quarterly dividend on Monday, October 19th. 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 1.9%. The ex-dividend date is Monday, November 2nd.

NRG Energy has raised its dividend by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 1 consecutive 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 $11.30 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 16.8%.

NRG Energy Stock Down 4.4%

NRG Energy stock traded down $4.58 during midday trading on Monday, hitting $99.17. 3,256,970 shares of the stock were exchanged, compared to its average volume of 2,752,546. NRG Energy has a 1 year low of $93.36 and a 1 year high of $189.96. The firm has a market cap of $20.92 billion, a P/E ratio of 26.24 and a beta of 1.17. The company has a debt-to-equity ratio of 5.17, a current ratio of 0.97 and a quick ratio of 0.89. The company has a 50 day moving average price of $109.25 and a two-hundred day moving average price of $129.59.

NRG Energy (NYSE:NRG - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.49 EPS for the quarter, missing analysts' consensus estimates of $1.69 by ($0.20). The firm 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 quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.73 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, sell-side analysts predict that NRG Energy will post 8.61 earnings per share for the current fiscal year.

NRG Energy Company Profile

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.

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