FY2025 Earnings Forecast for NRG Energy, Inc. (NYSE:NRG) Issued By Seaport Res Ptn

NRG Energy, Inc. (NYSE:NRG - Free Report) - Investment analysts at Seaport Res Ptn lowered their FY2025 earnings per share estimates for shares of NRG Energy in a research report issued to clients and investors on Sunday, April 14th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will post earnings of $7.20 per share for the year, down from their prior forecast of $7.40. The consensus estimate for NRG Energy's current full-year earnings is $5.36 per share. Seaport Res Ptn also issued estimates for NRG Energy's FY2028 earnings at $11.81 EPS.

NRG Energy (NYSE:NRG - Get Free Report) last issued its earnings results on Wednesday, February 28th. The utilities provider reported $1.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.94 by $0.20. The business had revenue of $6.81 billion for the quarter, compared to analysts' expectations of $7.51 billion. NRG Energy had a positive return on equity of 44.03% and a negative net margin of 0.70%.

A number of other equities analysts have also recently issued reports on the company. Evercore ISI lifted their target price on NRG Energy from $55.00 to $65.00 and gave the stock an "in-line" rating in a report on Monday, March 18th. BMO Capital Markets lifted their price target on NRG Energy from $58.00 to $59.00 and gave the company a "market perform" rating in a report on Thursday, February 29th. TheStreet upgraded NRG Energy from a "c+" rating to a "b" rating in a report on Friday, December 29th. Wells Fargo & Company lifted their price target on NRG Energy from $78.00 to $85.00 and gave the company an "overweight" rating in a report on Monday, March 25th. Finally, Citigroup lifted their price target on NRG Energy from $52.00 to $62.00 and gave the company a "buy" rating in a report on Friday, March 1st. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, NRG Energy presently has a consensus rating of "Hold" and a consensus price target of $59.50.

NRG Energy Price Performance

Shares of NYSE NRG traded up $1.59 during mid-day trading on Tuesday, reaching $74.54. The company had a trading volume of 3,123,509 shares, compared to its average volume of 3,686,661. The company has a current ratio of 1.02, a quick ratio of 0.96 and a debt-to-equity ratio of 4.49. The stock has a market cap of $16.01 billion, a PE ratio of -69.66 and a beta of 1.13. The company has a 50-day moving average price of $62.04 and a two-hundred day moving average price of $52.52. NRG Energy has a 1-year low of $30.52 and a 1-year high of $76.54.

NRG Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st were paid a $0.4075 dividend. The ex-dividend date was Wednesday, January 31st. This represents a $1.63 dividend on an annualized basis and a yield of 2.19%. This is an increase from NRG Energy's previous quarterly dividend of $0.38. NRG Energy's payout ratio is -152.34%.

Insider Buying and Selling at NRG Energy

In other NRG Energy news, VP Rasesh M. Patel sold 49,092 shares of the business's stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $62.59, for a total value of $3,072,668.28. Following the transaction, the vice president now owns 356,962 shares in the company, valued at $22,342,251.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.61% of the company's stock.

Institutional Trading of NRG Energy

A number of institutional investors and hedge funds have recently made changes to their positions in NRG. Coppell Advisory Solutions Corp. acquired a new position in shares of NRG Energy during the 4th quarter worth about $25,000. Mather Group LLC. bought a new position in NRG Energy during the first quarter valued at about $33,000. Coppell Advisory Solutions LLC bought a new position in NRG Energy during the second quarter valued at about $37,000. Northwestern Mutual Wealth Management Co. increased its stake in NRG Energy by 4,030.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,239 shares of the utilities provider's stock valued at $39,000 after acquiring an additional 1,209 shares during the period. Finally, Authentikos Wealth Advisory LLC bought a new stake in shares of NRG Energy in the 3rd quarter valued at approximately $41,000. Institutional investors and hedge funds own 97.72% of the company's stock.

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.