Vistra - VST Stock Forecast, Price & News

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across 20 states in the United States and the District of Columbia. The company is also involved in the electricity generation, wholesale energy purchases and sales, commodity risk management, fuel production, and fuel logistics management activities. It serves approximately 4.3 million customers with a generation capacity of approximately 38,700 megawatts with a portfolio of natural gas, nuclear, coal, solar, and battery energy storage facilities. The company was formerly known as Vistra Energy Corp. and changed its name to Vistra Corp. in July 2020. Vistra Corp. was founded in 1882 and is based in Irving, Texas.

Vistra Stock Performance

VST Stock traded down $0.30 during midday trading on Wednesday, reaching $25.53. The stock had a trading volume of 3,229,217 shares, compared to its average volume of 4,914,890. The stock has a market cap of $10.63 billion, a PE ratio of -10.09 and a beta of 0.89. The company has a debt-to-equity ratio of 3.51, a quick ratio of 1.00 and a current ratio of 1.05. The firm has a fifty day simple moving average of $23.78 and a two-hundred day simple moving average of $23.73. Vistra has a 52-week low of $16.51 and a 52-week high of $27.39.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Wednesday, September 21st will be paid a $0.184 dividend. This is a positive change from Vistra's previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Tuesday, September 20th. This represents a $0.74 dividend on an annualized basis and a yield of 2.88%. Vistra's dividend payout ratio (DPR) is -28.06%.

Analyst Ratings Changes

VST has been the topic of several recent research reports. Morgan Stanley increased their target price on Vistra from $31.00 to $32.00 and gave the company an "overweight" rating in a research report on Friday, July 29th. TheStreet cut Vistra from a "b-" rating to a "c+" rating in a research report on Tuesday, July 5th.

Insider Buying and Selling

In other news, CFO James A. Burke bought 18,000 shares of Vistra stock in a transaction that occurred on Friday, June 17th. The stock was bought at an average price of $22.01 per share, for a total transaction of $396,180.00. Following the purchase, the chief financial officer now directly owns 34,000 shares of the company's stock, valued at approximately $748,340. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Paul M. Barbas acquired 8,000 shares of Vistra stock in a transaction on Wednesday, August 10th. The stock was acquired at an average price of $24.90 per share, for a total transaction of $199,200.00. Following the purchase, the director now owns 90,444 shares of the company's stock, valued at approximately $2,252,055.60. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO James A. Burke acquired 18,000 shares of Vistra stock in a transaction on Friday, June 17th. The shares were bought at an average price of $22.01 per share, with a total value of $396,180.00. Following the purchase, the chief financial officer now directly owns 34,000 shares in the company, valued at approximately $748,340. The disclosure for this purchase can be found here. Insiders bought 71,300 shares of company stock worth $1,675,460 in the last 90 days. Insiders own 1.47% of the company's stock.