Vistra (VST) to Release Earnings on Thursday

Vistra (NYSE:VST) is set to announce its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.69 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.59 by ($0.69). Vistra had a net margin of 4.61% and a return on equity of 21.05%. The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $4.04 billion. During the same period in the previous year, the business posted $1.03 EPS. On average, analysts expect Vistra to post $4 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Vistra Stock Down 3.2 %

Vistra stock opened at $115.74 on Tuesday. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.88 and a current ratio of 0.98. The firm has a market cap of $39.76 billion, a price-to-earnings ratio of 85.10 and a beta of 1.09. The firm has a 50 day moving average price of $108.66 and a two-hundred day moving average price of $93.02. Vistra has a 52-week low of $33.84 and a 52-week high of $143.87.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 20th will be paid a $0.221 dividend. The ex-dividend date is Friday, December 20th. This represents a $0.88 annualized dividend and a dividend yield of 0.76%. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is currently 64.71%.

Wall Street Analyst Weigh In

VST has been the topic of a number of research reports. JPMorgan Chase & Co. began coverage on Vistra in a research report on Thursday, October 17th. They set an “overweight” rating and a $178.00 target price on the stock. Jefferies Financial Group raised their price objective on shares of Vistra from $99.00 to $137.00 and gave the company a “buy” rating in a research note on Tuesday, September 24th. Guggenheim boosted their target price on shares of Vistra from $133.00 to $177.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th. Morgan Stanley raised their price target on shares of Vistra from $110.00 to $132.00 and gave the company an “overweight” rating in a research report on Monday, September 23rd. Finally, BNP Paribas initiated coverage on Vistra in a report on Monday, October 14th. They set an “outperform” rating and a $231.00 price objective for the company. Ten investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Vistra currently has an average rating of “Buy” and a consensus price target of $145.40.

About Vistra

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.