Seaport Res Ptn Lowers Earnings Estimates for NRG Energy

NRG Energy, Inc. (NYSE:NRG) – Investment analysts at Seaport Res Ptn lowered their FY2025 earnings estimates for shares of NRG Energy in a research report issued on Tuesday, June 3rd. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings per share of $7.64 for the year, down from their previous estimate of $7.81. The consensus estimate for NRG Energy’s current full-year earnings is $6.36 per share. Seaport Res Ptn also issued estimates for NRG Energy’s FY2026 earnings at $8.91 EPS, FY2027 earnings at $12.04 EPS and FY2028 earnings at $13.33 EPS.

Several other brokerages also recently issued reports on NRG. The Goldman Sachs Group started coverage on shares of NRG Energy in a research report on Friday, April 4th. They set a “buy” rating and a $129.00 price objective for the company. Jefferies Financial Group raised their price objective on shares of NRG Energy from $113.00 to $132.00 and gave the stock a “buy” rating in a research report on Monday, May 5th. Wells Fargo & Company raised their price objective on shares of NRG Energy from $165.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 13th. BMO Capital Markets restated a “market perform” rating and set a $167.00 price objective (up from $115.00) on shares of NRG Energy in a research report on Wednesday, May 14th. Finally, Guggenheim raised their price objective on shares of NRG Energy from $138.00 to $173.00 and gave the stock a “buy” rating in a research report on Tuesday, May 13th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, NRG Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $140.75.

NRG Energy Trading Down 0.1%

Shares of NYSE:NRG opened at $155.94 on Friday. NRG Energy has a 52-week low of $65.11 and a 52-week high of $162.33. The company has a market capitalization of $30.49 billion, a P/E ratio of 39.18, a price-to-earnings-growth ratio of 1.01 and a beta of 1.13. The company has a 50-day simple moving average of $123.98 and a 200 day simple moving average of $107.81. The company has a debt-to-equity ratio of 5.57, a quick ratio of 1.10 and a current ratio of 1.17.

NRG Energy (NYSE:NRG) last issued its earnings results on Monday, May 12th. The utilities provider reported $2.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $1.90. NRG Energy had a net margin of 3.43% and a return on equity of 48.96%. The business had revenue of $8.59 billion during the quarter, compared to the consensus estimate of $8.28 billion. During the same period last year, the business posted $2.31 EPS. NRG Energy’s revenue was up 15.6% on a year-over-year basis.

NRG Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st were issued a dividend of $0.44 per share. The ex-dividend date was Thursday, May 1st. This represents a $1.76 annualized dividend and a dividend yield of 1.13%. NRG Energy’s dividend payout ratio is presently 28.39%.

Insider Transactions at NRG Energy

In other news, Director Kevin Howell sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $154.50, for a total transaction of $7,725,000.00. Following the transaction, the director now directly owns 55,427 shares of the company’s stock, valued at approximately $8,563,471.50. This trade represents a 47.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On NRG Energy

A number of large investors have recently modified their holdings of the business. Zions Bancorporation National Association UT bought a new position in NRG Energy in the 1st quarter valued at approximately $28,000. Key Financial Inc acquired a new position in shares of NRG Energy in the first quarter valued at approximately $30,000. SBI Securities Co. Ltd. bought a new position in NRG Energy in the 4th quarter valued at approximately $32,000. Evermay Wealth Management LLC acquired a new stake in NRG Energy during the 1st quarter worth approximately $36,000. Finally, Mizuho Bank Ltd. bought a new stake in NRG Energy during the 4th quarter worth approximately $41,000. Institutional investors and hedge funds own 97.72% of the company’s stock.

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.