FY2028 EPS Estimates for Vistra Lifted by Seaport Res Ptn

Vistra Corp. (NYSE:VST) – Seaport Res Ptn increased their FY2028 EPS estimates for shares of Vistra in a report released on Wednesday, December 11th. Seaport Res Ptn analyst A. Storozynski now anticipates that the company will post earnings per share of $17.11 for the year, up from their previous forecast of $15.62. The consensus estimate for Vistra’s current full-year earnings is $4.48 per share.

Several other brokerages also recently commented on VST. Royal Bank of Canada boosted their target price on Vistra from $105.00 to $141.00 and gave the stock an “outperform” rating in a report on Thursday, October 3rd. BNP Paribas started coverage on Vistra in a research note on Monday, October 14th. They issued an “outperform” rating and a $231.00 price objective on the stock. Jefferies Financial Group increased their target price on Vistra from $99.00 to $137.00 and gave the stock a “buy” rating in a report on Tuesday, September 24th. JPMorgan Chase & Co. started coverage on Vistra in a report on Thursday, October 17th. They issued an “overweight” rating and a $178.00 price target for the company. Finally, Guggenheim upped their price target 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. Ten analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $149.10.

Vistra Price Performance

Shares of Vistra stock opened at $144.89 on Monday. The stock has a market capitalization of $49.30 billion, a price-to-earnings ratio of 27.03, a P/E/G ratio of 1.86 and a beta of 1.16. The firm’s 50-day moving average price is $139.60 and its two-hundred day moving average price is $106.16. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. Vistra has a 1-year low of $37.38 and a 1-year high of $168.67.

Hedge Funds Weigh In On Vistra

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VST. B. Riley Wealth Advisors Inc. raised its holdings in Vistra by 94.3% in the third quarter. B. Riley Wealth Advisors Inc. now owns 4,853 shares of the company’s stock worth $622,000 after purchasing an additional 2,355 shares during the period. SPX Gestao de Recursos Ltda bought a new stake in shares of Vistra in the 3rd quarter valued at $9,878,000. Retirement Systems of Alabama raised its stake in Vistra by 9.6% during the 3rd quarter. Retirement Systems of Alabama now owns 78,965 shares of the company’s stock worth $9,361,000 after buying an additional 6,920 shares during the period. Oddo BHF Asset Management Sas bought a new position in Vistra during the third quarter worth about $2,179,000. Finally, Blankinship & Foster LLC bought a new position in Vistra during the third quarter worth about $2,353,000. Institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling at Vistra

In other Vistra news, EVP Scott A. Hudson sold 115,000 shares of Vistra stock in a transaction on Monday, November 25th. The shares were sold at an average price of $164.16, for a total transaction of $18,878,400.00. Following the completion of the sale, the executive vice president now owns 254,932 shares of the company’s stock, valued at approximately $41,849,637.12. The trade was a 31.09 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Scott B. Helm sold 20,000 shares of the stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the transaction, the director now directly owns 343,350 shares in the company, valued at approximately $47,990,029.50. This trade represents a 5.50 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 342,100 shares of company stock worth $55,087,314. Company insiders own 1.42% of the company’s stock.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 20th will be issued a dividend of $0.221 per share. This is a boost from Vistra’s previous quarterly dividend of $0.22. This represents a $0.88 annualized dividend and a yield of 0.61%. The ex-dividend date is Friday, December 20th. Vistra’s payout ratio is currently 16.42%.

Vistra announced that its Board of Directors has initiated a stock repurchase program on Thursday, November 7th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to purchase up to 2.1% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

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.