Seaport Res Ptn Comments on NRG Energy, Inc.’s FY2025 Earnings (NYSE:NRG)

NRG Energy, Inc. (NYSE:NRG) – Equities researchers at Seaport Res Ptn cut their FY2025 earnings per share (EPS) estimates for shares of NRG Energy in a research note issued to investors on Sunday, April 14th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings of $7.20 per share for the year, down from their previous forecast of $7.40. The consensus estimate for NRG Energy’s current full-year earnings is $5.36 per share. Seaport Res Ptn also issued estimates for NRG Energy’s FY2028 earnings at $11.81 EPS.

NRG Energy (NYSE:NRG) last issued its earnings results on Wednesday, February 28th. The utilities provider reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.20. NRG Energy had a negative net margin of 0.70% and a positive return on equity of 44.03%. The company had revenue of $6.81 billion for the quarter, compared to the consensus estimate of $7.51 billion.

A number of other brokerages have also recently weighed in on NRG. Wells Fargo & Company lifted their price target on shares of NRG Energy from $78.00 to $85.00 and gave the company an “overweight” rating in a research report on Monday, March 25th. Morgan Stanley upped their price target on NRG Energy from $51.00 to $63.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 26th. StockNews.com raised NRG Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, March 6th. TheStreet raised NRG Energy from a “c+” rating to a “b” rating in a research note on Friday, December 29th. Finally, Citigroup raised their target price on NRG Energy from $52.00 to $62.00 and gave the company a “buy” rating in a report on Friday, March 1st. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $59.50.

NRG Energy Price Performance

NRG stock opened at $73.42 on Tuesday. NRG Energy has a 52-week low of $30.52 and a 52-week high of $76.54. The business has a fifty day moving average of $62.44 and a two-hundred day moving average of $52.67. The stock has a market cap of $15.77 billion, a price-to-earnings ratio of -68.62 and a beta of 1.13. The company has a quick ratio of 0.96, a current ratio of 1.02 and a debt-to-equity ratio of 4.49.

Institutional Trading of NRG Energy

Several large investors have recently added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. grew its stake in shares of NRG Energy by 6.5% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 39,743 shares of the utilities provider’s stock valued at $1,525,000 after buying an additional 2,422 shares in the last quarter. US Bancorp DE grew its position in NRG Energy by 12.7% in the first quarter. US Bancorp DE now owns 15,350 shares of the utilities provider’s stock valued at $589,000 after acquiring an additional 1,727 shares in the last quarter. Rhumbline Advisers raised its stake in shares of NRG Energy by 6.2% during the first quarter. Rhumbline Advisers now owns 427,433 shares of the utilities provider’s stock valued at $16,396,000 after purchasing an additional 24,792 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of NRG Energy by 6.6% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 32,760 shares of the utilities provider’s stock worth $1,257,000 after purchasing an additional 2,028 shares in the last quarter. Finally, Great West Life Assurance Co. Can boosted its stake in shares of NRG Energy by 6.8% in the first quarter. Great West Life Assurance Co. Can now owns 229,581 shares of the utilities provider’s stock valued at $9,243,000 after purchasing an additional 14,574 shares during the period. 97.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at NRG Energy

In other news, VP Rasesh M. Patel sold 49,092 shares of the stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $62.59, for a total value of $3,072,668.28. Following the completion of the sale, the vice president now owns 356,962 shares of the company’s stock, valued at $22,342,251.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.61% of the stock is owned by company insiders.

NRG Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 1st will be paid a $0.4075 dividend. This represents a $1.63 dividend on an annualized basis and a yield of 2.22%. NRG Energy’s payout ratio is -152.34%.

About NRG Energy

NRG Energy, Inc, together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through Texas; East; West/Services/Other; Vivint Smart Home; and Corporate Activities segments. The company produces and sells electricity generated using coal, oil, solar, and battery storage; natural gas; and a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions.