FY2026 Earnings Forecast for NRG Energy Issued By Scotiabank

Key Points

• Scotiabank lowered its FY2026 EPS forecast for NRG Energy to $8.97 from $10.02, while maintaining a “Sector Outperform” rating and a $211 price target. It forecasts FY2027 EPS of $10.76.
• NRG’s latest quarterly earnings missed expectations, with EPS of $1.49 versus the $1.69 consensus, although revenue rose 11% year over year to $7.48 billion. The company’s FY2026 guidance remains $7.90–$9.90 per share.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus rating and an average price target of $198.43; institutional investors own 97.72% of the stock. NRG also paid a quarterly dividend of $0.475 per share, equivalent to a 1.7% annualized yield.

NRG Energy, Inc. (NYSE:NRG - Free Report) - Scotiabank reduced their FY2026 EPS estimates for NRG Energy in a research note issued on Wednesday, August 19th. Scotiabank analyst A. Weisel now forecasts that the utilities provider will post earnings per share of $8.97 for the year, down from their prior estimate of $10.02. Scotiabank currently has a "Sector Outperform" rating and a $211.00 price target on the stock. The consensus estimate for NRG Energy's current full-year earnings is $8.60 per share. Scotiabank also issued estimates for NRG Energy's FY2027 earnings at $10.76 EPS.

NRG Energy (NYSE:NRG - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.20). The business had revenue of $7.48 billion during the quarter, compared to the consensus estimate of $7.31 billion. NRG Energy had a return on equity of 52.95% and a net margin of 2.56%.The company's revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.73 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS.

Several other analysts have also recently issued reports on NRG. Evercore restated an "outperform" rating and set a $195.00 target price on shares of NRG Energy in a research report on Wednesday, August 5th. UBS Group dropped their price target on NRG Energy from $221.00 to $216.00 and set a "buy" rating for the company in a research report on Tuesday, July 28th. Weiss Ratings raised NRG Energy from a "hold (c-)" rating to a "hold (c+)" rating in a research note on Monday, August 17th. Siebert Williams Shank began coverage on NRG Energy in a research note on Monday, July 6th. They issued a "buy" rating and a $184.00 price objective for the company. Finally, BMO Capital Markets reiterated a "market perform" rating and issued a $214.00 target price on shares of NRG Energy in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $198.43.

NRG Energy Price Performance

NRG stock opened at $113.43 on Monday. NRG Energy has a 52 week low of $112.50 and a 52 week high of $189.96. The firm has a market capitalization of $23.93 billion, a P/E ratio of 30.01 and a beta of 1.22. The company has a fifty day simple moving average of $132.25 and a two-hundred day simple moving average of $144.74. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 5.17.

Institutional Investors Weigh In On NRG Energy

Several hedge funds and other institutional investors have recently modified their holdings of the business. Saudi Central Bank lifted its stake in shares of NRG Energy by 91.6% during the 2nd quarter. Saudi Central Bank now owns 14,268 shares of the utilities provider's stock worth $2,084,000 after acquiring an additional 6,821 shares during the last quarter. AlphaGrep UK Ltd bought a new position in NRG Energy in the 2nd quarter valued at $1,131,000. Syon Capital LLC grew its position in NRG Energy by 3.9% in the 2nd quarter. Syon Capital LLC now owns 5,810 shares of the utilities provider's stock valued at $849,000 after acquiring an additional 220 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in NRG Energy by 32.0% in the second quarter. Concurrent Investment Advisors LLC now owns 8,538 shares of the utilities provider's stock worth $1,247,000 after purchasing an additional 2,069 shares during the period. Finally, NEOS Investment Management LLC increased its stake in NRG Energy by 10.6% in the second quarter. NEOS Investment Management LLC now owns 34,217 shares of the utilities provider's stock worth $4,998,000 after purchasing an additional 3,277 shares during the period. 97.72% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of the firm's stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $127.52, for a total value of $2,550,400.00. Following the completion of the sale, the vice president owned 45,111 shares of the company's stock, valued at $5,752,554.72. This trade represents a 30.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by company insiders.

NRG Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were given a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Monday, August 3rd. NRG Energy's dividend payout ratio is 50.26%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source