Vistra (VST) Scheduled to Post Earnings on Wednesday

Vistra (NYSE:VST) will post its quarterly earnings results before the market opens on Wednesday, May 8th. Analysts expect Vistra to post earnings of ($0.17) per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Vistra (NYSE:VST) last posted its earnings results on Wednesday, February 28th. The company reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($1.02). The company had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $5.48 billion. Vistra had a net margin of 10.10% and a return on equity of 20.05%. On average, analysts expect Vistra to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Vistra Trading Up 2.2 %

Shares of Vistra stock opened at $83.25 on Tuesday. The company has a market capitalization of $28.96 billion, a P/E ratio of 23.25 and a beta of 1.02. The stock has a fifty day simple moving average of $67.48 and a 200 day simple moving average of $48.64. Vistra has a 12-month low of $23.24 and a 12-month high of $83.61. The company has a current ratio of 1.18, a quick ratio of 1.11 and a debt-to-equity ratio of 4.26.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Wednesday, June 19th will be paid a $0.218 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Tuesday, June 18th. This represents a $0.87 annualized dividend and a dividend yield of 1.05%. Vistra’s dividend payout ratio is presently 24.02%.

Insider Activity at Vistra

In related news, EVP Scott A. Hudson sold 86,517 shares of Vistra stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $59.11, for a total value of $5,114,019.87. Following the completion of the sale, the executive vice president now owns 254,932 shares of the company’s stock, valued at approximately $15,069,030.52. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, EVP Scott A. Hudson sold 86,517 shares of the firm’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $59.11, for a total value of $5,114,019.87. Following the completion of the transaction, the executive vice president now directly owns 254,932 shares of the company’s stock, valued at $15,069,030.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Stephanie Zapata Moore sold 98,020 shares of the business’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $58.50, for a total value of $5,734,170.00. Following the sale, the executive vice president now owns 161,888 shares in the company, valued at $9,470,448. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 257,285 shares of company stock worth $15,404,397. Insiders own 1.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Morgan Stanley restated an “overweight” rating and set a $78.00 price target on shares of Vistra in a report on Monday, March 25th. BMO Capital Markets boosted their target price on Vistra from $52.00 to $60.00 and gave the stock an “outperform” rating in a research note on Monday, March 4th. Janney Montgomery Scott assumed coverage on Vistra in a research report on Thursday, April 18th. They set a “buy” rating and a $82.00 price target for the company. Finally, Evercore ISI boosted their price objective on Vistra from $72.00 to $79.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $67.20.

Vistra Company Profile

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.