NRG Energy Company Profile (NYSE:NRG)

NRG Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "NRG."

NRG Energy declared a quarterly dividend on Thursday, July 20th. Stockholders of record on Tuesday, August 1st will be paid a dividend of $0.03 per share on Tuesday, August 15th. This represents a $0.12 annualized dividend and a dividend yield of 0.47%. The ex-dividend date of this dividend is Friday, July 28th. View NRG Energy's Dividend History.

NRG Energy, Inc. (NYSE:NRG) issued its quarterly earnings data on Thursday, August, 3rd. The company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.31. The business earned $2.70 billion during the quarter, compared to analysts' expectations of $3.19 billion. NRG Energy had a positive return on equity of 12.38% and a negative net margin of 10.67%. The business's quarterly revenue was up 20.2% on a year-over-year basis. During the same period in the prior year, the company earned ($0.61) earnings per share. View NRG Energy's Earnings History.

NRG Energy is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for NRG Energy.

7 brokerages have issued 12 month price targets for NRG Energy's shares. Their predictions range from $12.00 to $27.00. On average, they expect NRG Energy's share price to reach $21.83 in the next twelve months. View Analyst Ratings for NRG Energy.

Here are some recent quotes from research analysts about NRG Energy stock:

• 1. According to Zacks Investment Research, "NRG Energy is gaining from its asset drop-down program that is in sync with its long- term growth strategy. Its cost saving measures, providing power to a wide variety of customers, debt reduction plans and expansion of renewable operations should further drive growth. Since the company does not depend on a single customer to generate revenues, migration of customers to other operators does nothave anysignificant impact on the company’s earnings. Shares of NRG Energy have returned more than the broader industry in the last six months. However, stringent environmental regulations, restructuring of GenOn, fluctuating weather conditions and intense competition in the wholesale power markets are headwinds." (7/11/2017)
• 2. UBS AG analysts commented, "Following our latest mgmt. meetings, we are formally rolling forward our price target to reflect the reduction of the entire unallocated corporate SG&A budget of $140 Mn as part of the first stage of cost cutting reduction targets. While this appears achievable, it appears likely below Street expectations of well north of $300 Mn+. We see only a slight positive skew to shares, particularly with more challenging macro datapoints including nascent concerns on HY turnaround (more neg for DYN)." (3/20/2017)

NRG Energy saw a increase in short interest in July. As of July 31st, there was short interest totalling 21,717,853 shares, an increase of 70.6% from the July 14th total of 12,732,799 shares. Based on an average daily trading volume, of 8,395,086 shares, the days-to-cover ratio is currently 2.6 days. Currently, 7.1% of the company's stock are sold short.

Some companies that are related to NRG Energy include FirstEnergy Corporation (FE), Sse Plc (SSE), Entergy Corporation (ETR), Enersis Americas S.A. (ENIA), Pinnacle West Capital Corporation (PNW), Alliant Energy Corporation (LNT), CPFL Energia S.A. (CPL), Scana Corporation (SCG), Vistra Energy Corp. (VST), The AES Corporation (AES), Westar Energy (WR), OGE Energy Corporation (OGE), Pepco Holdings LLC (POM), Great Plains Energy (GXP), Empresa Nacional de Electricidad S.A. (EOCC), Calpine Corporation (CPN), Pampa Energia S.A. (PAM) and IDACORP (IDA).

NRG Energy's management team includes the folowing people:

• Lawrence Stephen Coben Ph.D., Chairman of the Board
• Mauricio Gutierrez, President, Chief Executive Officer, Director
• Kirkland B. Andrews, Chief Financial Officer, Executive Vice President
• David Russell Hill, Executive Vice President, General Counsel
• John V. Chillemi, Executive Vice President - National Business Development
• Elizabeth Killinger, Executive Vice President, President - NRG Retail and Reliant
• David Callen, Senior Vice President, Chief Accounting Officer
• Paul William Hobby, Director
• Edward Spencer Abraham, Independent Director
• Kirbyjon H. Caldwell, Independent Director

NRG Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.30%), Elliott Management Corp (6.19%), BlackRock Inc. (6.03%), State Street Corp (4.28%), Franklin Resources Inc. (2.70%) and FMR LLC (2.40%). Company insiders that own NRG Energy stock include David Callen, John C Wilder Jr, Mauricio Gutierrez, Terry G Dallas, Thomas H Weidemeyer and Walter R Young Jr. View Institutional Ownership Trends for NRG Energy.

NRG Energy's stock was sold by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Prudential Financial Inc., Marshall Wace North America L.P., BlackRock Inc., State of Tennessee Treasury Department, Vanguard Group Inc., Capital Fund Management S.A. and Royal Bank of Canada. View Insider Buying and Selling for NRG Energy.

NRG Energy's stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Permian Investment Partners LP, Dimensional Fund Advisors LP, Balyasny Asset Management LLC, Elliott Management Corp, BNP Paribas Arbitrage SA, Canyon Capital Advisors LLC and Old Mutual Global Investors UK Ltd.. Company insiders that have bought NRG Energy stock in the last two years include John C Wilder Jr, Mauricio Gutierrez, Terry G Dallas and Walter R Young Jr. View Insider Buying and Selling for NRG Energy.

Shares of NRG Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NRG Energy stock can currently be purchased for approximately $25.77.