NRG Energy (NYSE:NRG) Sets New 12-Month Low – Time to Sell?

Shares of NRG Energy, Inc. (NYSE:NRG) reached a new 52-week low during trading on Monday . The company traded as low as $108.13 and last traded at $107.90, with a volume of 605497 shares traded. The stock had previously closed at $113.46.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on NRG shares. Morgan Stanley cut their price target on shares of NRG Energy from $165.00 to $162.00 and set an “equal weight” rating on the stock in a research note on Friday, August 21st. Siebert Williams Shank began coverage on shares of NRG Energy in a research note on Monday, July 6th. They set a “buy” rating and a $184.00 price objective for the company. Barclays boosted their price objective on shares of NRG Energy from $200.00 to $204.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Scotiabank reduced their target price on NRG Energy from $226.00 to $211.00 and set a “sector outperform” rating for the company in a research note on Wednesday, August 5th. Finally, Weiss Ratings raised NRG Energy from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $198.43.

NRG Energy Trading Down 2.3%

The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 5.17. The firm has a market cap of $22.36 billion, a price-to-earnings ratio of 28.04 and a beta of 1.18. The company has a fifty day moving average price of $123.33 and a 200-day moving average price of $138.43.

NRG Energy (NYSE:NRG) last posted its earnings results on Tuesday, August 4th. The utilities provider reported $1.49 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.20). The company had revenue of $7.48 billion for the quarter, compared to analyst estimates of $7.31 billion. NRG Energy had a return on equity of 52.95% and a net margin of 2.56%.The firm’s revenue was up 11.0% on a year-over-year basis. During the same period last year, the business earned $1.73 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, research analysts expect that NRG Energy, Inc. will post 8.6 EPS for the current year.

NRG Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, August 3rd. NRG Energy’s payout ratio is 50.26%.

Insider Activity

In related news, CAO Gerald Alfred Spencer sold 1,580 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $120.93, for a total value of $191,069.40. Following the completion of the transaction, the chief accounting officer directly owned 6,213 shares in the company, valued at $751,338.09. The trade was a 20.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of NRG. National Pension Service grew its position in NRG Energy by 13.9% in the second quarter. National Pension Service now owns 345,477 shares of the utilities provider’s stock worth $50,460,000 after acquiring an additional 42,196 shares during the period. WINTON GROUP Ltd raised its position in NRG Energy by 19.9% in the second quarter. WINTON GROUP Ltd now owns 2,100 shares of the utilities provider’s stock valued at $307,000 after purchasing an additional 349 shares during the period. Integrated Wealth Concepts LLC lifted its stake in shares of NRG Energy by 52.7% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 7,721 shares of the utilities provider’s stock valued at $1,128,000 after purchasing an additional 2,664 shares during the last quarter. Maven Securities LTD purchased a new position in shares of NRG Energy during the 2nd quarter worth $4,033,000. Finally, Baird Financial Group Inc. grew its holdings in shares of NRG Energy by 3.0% during the 2nd quarter. Baird Financial Group Inc. now owns 19,776 shares of the utilities provider’s stock worth $2,888,000 after purchasing an additional 578 shares during the period. Institutional investors and hedge funds own 97.72% of the company’s stock.

NRG Energy Company Profile

NRG Energy, Inc is a North American energy and home services company headquartered in Houston, Texas. The company operates through power generation and energy retail businesses, supplying electricity and related services to residential, commercial and industrial customers.

NRG owns and operates a diverse portfolio of power-generation assets, including natural gas, coal, nuclear and renewable facilities. It also sells electricity and natural gas through brands such as Reliant, Direct Energy and Green Mountain Energy, with retail operations serving customers in competitive energy markets across the United States and Canada.

In addition to its energy operations, NRG provides smart-home, security and related connected-home services through its Vivint business.