Vistra Corp. (NYSE:VST) Receives $87.83 Average Target Price from Brokerages

Vistra Corp. (NYSE:VSTGet Free Report) has been assigned a consensus rating of “Buy” from the seven analysts that are presently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $87.83.

A number of analysts have commented on VST shares. Morgan Stanley boosted their price target on shares of Vistra from $86.00 to $110.00 and gave the company an “overweight” rating in a research note on Tuesday, May 28th. UBS Group lifted their price objective on shares of Vistra from $85.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, May 9th. Evercore ISI lifted their price objective on shares of Vistra from $72.00 to $79.00 and gave the stock an “outperform” rating in a report on Thursday, April 4th. Guggenheim raised shares of Vistra to a “strong-buy” rating in a report on Tuesday, May 7th. Finally, BMO Capital Markets lifted their price objective on shares of Vistra from $79.00 to $109.00 and gave the stock an “outperform” rating in a report on Friday, May 10th.

View Our Latest Research Report on Vistra

Insider Activity at Vistra

In other news, Director Lisa Crutchfield acquired 335 shares of the stock in a transaction that occurred on Monday, June 10th. The shares were acquired at an average cost of $89.46 per share, for a total transaction of $29,969.10. Following the purchase, the director now owns 32,186 shares of the company’s stock, valued at approximately $2,879,359.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.42% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Vistra

Hedge funds and other institutional investors have recently modified their holdings of the stock. Mather Group LLC. bought a new stake in shares of Vistra during the first quarter valued at about $26,000. New Covenant Trust Company N.A. bought a new stake in shares of Vistra during the first quarter valued at about $32,000. Riverview Trust Co bought a new stake in shares of Vistra during the first quarter valued at about $39,000. ORG Partners LLC bought a new stake in shares of Vistra during the first quarter valued at about $46,000. Finally, Blue Trust Inc. increased its position in shares of Vistra by 160.7% during the fourth quarter. Blue Trust Inc. now owns 717 shares of the company’s stock valued at $28,000 after buying an additional 442 shares during the period. 90.88% of the stock is currently owned by institutional investors.

Vistra Stock Performance

NYSE:VST opened at $88.39 on Friday. The company has a fifty day moving average of $83.98 and a 200-day moving average of $59.84. The firm has a market capitalization of $30.71 billion, a P/E ratio of 54.23 and a beta of 1.03. The company has a quick ratio of 0.96, a current ratio of 1.08 and a debt-to-equity ratio of 3.06. Vistra has a twelve month low of $24.70 and a twelve month high of $107.24.

Vistra (NYSE:VSTGet Free Report) last released its quarterly earnings data on Thursday, May 9th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.39). The company had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $3.81 billion. Vistra had a net margin of 5.66% and a return on equity of 24.72%. As a group, sell-side analysts anticipate that Vistra will post 3.8 EPS for the current year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Wednesday, June 19th will be paid a $0.218 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.22. This represents a $0.87 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Tuesday, June 18th. Vistra’s payout ratio is currently 53.37%.

About Vistra

(Get Free Report

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 states in the United States and the District of Columbia.

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Analyst Recommendations for Vistra (NYSE:VST)

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