NRG Energy, Inc. (NRG) – What Are Investment Firms Thinking About This Stock?

NRG Energy, Inc. (NYSE:NRG) has earned an average rating of “Moderate Buy” from the seventeen analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $180.47.

A number of research analysts recently commented on the company. Seaport Research Partners set a $160.00 price objective on NRG Energy in a research note on Monday, October 19th. BMO Capital Markets reiterated a “market perform” rating and issued a $214.00 target price on shares of NRG Energy in a research note on Thursday, August 6th. HSBC started coverage on shares of NRG Energy in a report on Thursday, October 22nd. They set a “buy” rating and a $179.00 price target for the company. Scotiabank reduced their price target on shares of NRG Energy from $226.00 to $211.00 and set a “sector outperform” rating for the company in a report on Wednesday, August 5th. Finally, Wells Fargo & Company upped their price target on shares of NRG Energy from $203.00 to $209.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th.

NRG Energy Stock Up 1.9%

NYSE:NRG opened at $95.37 on Wednesday. The stock has a 50 day moving average of $105.76 and a 200-day moving average of $136.05. NRG Energy has a 52 week low of $90.80 and a 52 week high of $189.96.

NRG Energy (NYSE:NRG) last announced its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.20). The company had revenue of $7.48 billion during the quarter, compared to analyst estimates of $7.31 billion. The company’s revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the business posted $1.73 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, sell-side analysts anticipate that NRG Energy will post 8.62 earnings per share for the current fiscal year.

NRG Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Monday, November 2nd will be given a $0.4750 dividend. The ex-dividend date is Monday, November 2nd. This represents a $1.90 annualized dividend and a yield of 2.0%.

Insider Transactions at NRG Energy

In other NRG Energy news, CAO Gerald Alfred Spencer sold 1,580 shares of the business’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $120.93, for a total transaction of $191,069.40. Following the completion of the transaction, the chief accounting officer directly owned 6,213 shares of the company’s stock, 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 this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of NRG. Bank of New York Mellon Corp bought a new stake in shares of NRG Energy during the second quarter valued at approximately $473,391,000. Assenagon Asset Management S.A. grew its holdings in NRG Energy by 96.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 967,264 shares of the utilities provider’s stock worth $141,279,000 after buying an additional 474,474 shares in the last quarter. SG Americas Securities LLC grew its holdings in NRG Energy by 1,247.6% in the 1st quarter. SG Americas Securities LLC now owns 502,436 shares of the utilities provider’s stock worth $73,426,000 after buying an additional 465,152 shares in the last quarter. Electron Capital Partners LLC bought a new position in NRG Energy in the 1st quarter worth approximately $59,455,000. Finally, Amundi increased its position in NRG Energy by 169.9% in the 1st quarter. Amundi now owns 636,262 shares of the utilities provider’s stock valued at $92,983,000 after acquiring an additional 400,540 shares during the period. Institutional investors own 97.72% of the company’s stock.

NRG Energy Company Profile

NRG Energy, Inc is an integrated power and home services company headquartered in Houston, Texas. The company produces and sells electricity through a diverse generation portfolio that includes natural gas, coal, nuclear power, renewable energy and battery storage. NRG serves wholesale and retail energy markets, with operations and customers primarily in the United States and Canada.

Through retail brands including Reliant and Direct Energy, NRG provides electricity, natural gas and related energy products to residential, commercial and industrial customers.