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.

Analyst Ratings Changes

Several research firms have recently commented on VST. TheStreet cut shares of Vistra from a "b-" rating to a "c+" rating in a research note on Tuesday, July 5th. Morgan Stanley raised their price objective on shares of Vistra from $31.00 to $32.00 and gave the company an "overweight" rating in a research note on Friday, July 29th.

Vistra Trading Up 0.2 %

VST Stock traded up $0.06 during midday trading on Tuesday, reaching $24.79. The company's stock had a trading volume of 3,838,258 shares, compared to its average volume of 4,983,433. Vistra has a 52 week low of $16.51 and a 52 week high of $27.39. The stock has a market cap of $10.70 billion, a PE ratio of -9.80 and a beta of 0.89. The company has a quick ratio of 1.05, a current ratio of 1.11 and a debt-to-equity ratio of 1.98. The business's 50-day simple moving average is $23.87 and its 200-day simple moving average is $23.58.

Vistra (NYSE:VST - Get Rating) last announced its quarterly earnings data on Friday, May 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.29). Vistra had a negative net margin of 8.32% and a positive return on equity of 24.37%. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.71 billion. As a group, sell-side analysts expect that Vistra will post 1.55 EPS for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Wednesday, September 21st will be issued a $0.184 dividend. The ex-dividend date is Tuesday, September 20th. This is a positive change from Vistra's previous quarterly dividend of $0.18. This represents a $0.74 annualized dividend and a yield of 2.97%. Vistra's dividend payout ratio (DPR) is -28.06%.

Insiders Place Their Bets

In other news, CFO James A. Burke bought 18,000 shares of the business's stock in a transaction on Friday, June 17th. The shares were bought at an average cost of $22.01 per share, for a total transaction of $396,180.00. Following the completion of the acquisition, the chief financial officer now owns 34,000 shares in the company, valued at approximately $748,340. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CEO Curtis A. Morgan sold 221,749 shares of the firm's stock in a transaction on Monday, May 23rd. The shares were sold at an average price of $25.64, for a total transaction of $5,685,644.36. Following the sale, the chief executive officer now directly owns 350,200 shares in the company, valued at $8,979,128. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO James A. Burke acquired 18,000 shares of the company's stock in a transaction that occurred on Friday, June 17th. The shares were bought at an average price of $22.01 per share, for a total transaction of $396,180.00. Following the completion of the acquisition, the chief financial officer now owns 34,000 shares of the company's stock, valued at $748,340. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 76,238 shares of company stock worth $1,776,292 and have sold 1,755,452 shares worth $43,933,868. Company insiders own 1.47% of the company's stock.