Seaport Res Ptn Forecasts Stronger Earnings for NRG Energy

Key Points

• Seaport Res Ptn has revised its earnings estimates for NRG Energy, projecting an increase in FY2025 EPS from $7.73 to $7.97, while also providing future estimates that suggest significant growth through FY2029.
• NRG Energy reported $1.68 EPS for the last quarter, which was below analysts' expectations of $1.72, although it did achieve revenues of $6.74 billion, surpassing forecasts.
• The company recently announced a quarterly dividend of $0.44 per share, with an annual yield of 1.1%, indicating a strong commitment to returning value to shareholders.

NRG Energy, Inc. (NYSE:NRG - Free Report) - Equities research analysts at Seaport Res Ptn upped their FY2025 EPS estimates for NRG Energy in a research note issued on Tuesday, August 12th. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will earn $7.97 per share for the year, up from their prior forecast of $7.73. The consensus estimate for NRG Energy's current full-year earnings is $6.36 per share. Seaport Res Ptn also issued estimates for NRG Energy's FY2026 earnings at $9.43 EPS, FY2027 earnings at $12.87 EPS, FY2028 earnings at $14.01 EPS and FY2029 earnings at $15.20 EPS.

NRG Energy (NYSE:NRG - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The utilities provider reported $1.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.72 by ($0.04). The business had revenue of $6.74 billion for the quarter, compared to analysts' expectations of $6.63 billion. NRG Energy had a return on equity of 88.22% and a net margin of 1.78%. The firm's revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter last year, the company earned $3.37 earnings per share.

NRG has been the topic of several other research reports. Citigroup raised their target price on shares of NRG Energy from $133.00 to $185.00 and gave the company a "buy" rating in a report on Thursday, July 17th. Barclays raised their target price on shares of NRG Energy from $197.00 to $203.00 and gave the company an "overweight" rating in a report on Thursday, August 7th. Jefferies Financial Group raised their target price on shares of NRG Energy from $113.00 to $132.00 and gave the company a "buy" rating in a report on Monday, May 5th. Wall Street Zen lowered shares of NRG Energy from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, Wells Fargo & Company increased their price target on shares of NRG Energy from $165.00 to $200.00 and gave the company an "overweight" rating in a research note on Tuesday, May 13th. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, NRG Energy has a consensus rating of "Moderate Buy" and a consensus target price of $162.70.

NRG Energy Stock Down 1.3%

Shares of NYSE:NRG opened at $154.69 on Thursday. The firm's 50-day moving average is $155.48 and its two-hundred day moving average is $126.85. The firm has a market capitalization of $29.92 billion, a PE ratio of 69.12, a price-to-earnings-growth ratio of 1.32 and a beta of 1.14. NRG Energy has a 1 year low of $76.13 and a 1 year high of $175.96. The company has a debt-to-equity ratio of 5.99, a current ratio of 0.93 and a quick ratio of 0.88.

NRG Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 1st will be issued a $0.44 dividend. The ex-dividend date of this dividend is Friday, August 1st. This represents a $1.76 dividend on an annualized basis and a yield of 1.1%. NRG Energy's dividend payout ratio (DPR) is 79.64%.

Insider Buying and Selling

In other NRG Energy news, Director Kevin Howell sold 50,000 shares of the firm's stock in a transaction on Friday, May 30th. The stock was sold at an average price of $154.50, for a total value of $7,725,000.00. Following the completion of the sale, the director owned 55,427 shares of the company's stock, valued at approximately $8,563,471.50. This trade represents a 47.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.86% of the company's stock.

Institutional Investors Weigh In On NRG Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Toth Financial Advisory Corp purchased a new stake in NRG Energy during the 2nd quarter worth about $27,000. Bank of Jackson Hole Trust purchased a new stake in NRG Energy during the 2nd quarter worth about $28,000. Fourth Dimension Wealth LLC purchased a new stake in shares of NRG Energy during the 2nd quarter worth about $32,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of NRG Energy during the 2nd quarter worth about $35,000. Finally, Kiker Wealth Management LLC purchased a new stake in shares of NRG Energy during the 2nd quarter worth about $37,000. Institutional investors and hedge funds own 97.72% of the company's stock.

About NRG Energy

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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