NRG Energy, Inc. (NRG) To Go Ex-Dividend on August 3rd

NRG Energy, Inc. (NYSE:NRG) announced a quarterly dividend on Wednesday, July 22nd. Investors of record on Monday, August 3rd will be given a dividend of 0.475 per share by the utilities provider on Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Monday, August 3rd.

NRG Energy has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 1 years. NRG Energy has a payout ratio of 22.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect NRG Energy to earn $11.63 per share next year, which means the company should continue to be able to cover its $1.90 annual dividend with an expected future payout ratio of 16.3%.

NRG Energy Stock Performance

Shares of NRG opened at $134.56 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 4.68. The business has a 50-day simple moving average of $135.63 and a two-hundred day simple moving average of $148.07. NRG Energy has a 52 week low of $120.11 and a 52 week high of $189.96. The stock has a market cap of $28.39 billion, a price-to-earnings ratio of 158.30 and a beta of 1.21.

NRG Energy (NYSE:NRG) last released its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.30). NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The firm had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. During the same quarter in the previous year, the business earned $2.68 earnings per share. The company’s revenue for the quarter was up 19.5% compared to the same quarter last year. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, analysts expect that NRG Energy will post 9.7 EPS for the current year.

NRG Energy Company Profile

NRG Energy (NYSE: NRG) is a U.S.-based integrated power company headquartered in Houston, Texas. The company develops, owns and operates a diversified portfolio of power generation assets and participates in wholesale and retail energy markets. NRG supplies electricity to utilities, commercial and industrial customers, and retail consumers, while also providing energy-related products and services designed to manage consumption and support reliability.

NRG’s generation mix includes conventional thermal plants as well as renewable and distributed energy resources.