Seaport Res Ptn Comments on NRG Energy FY2025 Earnings

NRG Energy, Inc. (NYSE:NRG) – Stock analysts at Seaport Res Ptn lowered their FY2025 earnings per share (EPS) estimates for shares of NRG Energy in a research note issued to investors on Tuesday, October 22nd. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings per share of $6.45 for the year, down from their previous estimate of $7.00. The consensus estimate for NRG Energy’s current full-year earnings is $5.51 per share.

NRG Energy (NYSE:NRG) last released its quarterly earnings results on Thursday, August 8th. The utilities provider reported $3.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $1.82. NRG Energy had a return on equity of 43.69% and a net margin of 7.19%. The business had revenue of $6.66 billion during the quarter, compared to analyst estimates of $8.32 billion. During the same quarter last year, the company posted $1.10 EPS. NRG Energy’s revenue for the quarter was up 4.9% on a year-over-year basis.

NRG has been the subject of a number of other reports. BMO Capital Markets increased their price target on shares of NRG Energy from $88.00 to $90.00 and gave the stock a “market perform” rating in a research report on Monday, September 30th. Guggenheim upped their target price on NRG Energy from $77.00 to $118.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th. Wells Fargo & Company boosted their price objective on NRG Energy from $110.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, September 5th. Jefferies Financial Group started coverage on shares of NRG Energy in a research report on Friday, September 13th. They set a “hold” rating and a $82.00 price objective for the company. Finally, StockNews.com downgraded shares of NRG Energy from a “buy” rating to a “hold” rating in a research note on Monday, September 2nd. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, NRG Energy has a consensus rating of “Hold” and a consensus target price of $83.25.

NRG Energy Price Performance

NRG opened at $89.28 on Wednesday. The stock has a fifty day moving average of $85.54 and a 200-day moving average of $80.34. The firm has a market capitalization of $18.43 billion, a P/E ratio of 9.73 and a beta of 1.10. The company has a quick ratio of 1.11, a current ratio of 1.18 and a debt-to-equity ratio of 3.51. NRG Energy has a 12-month low of $41.49 and a 12-month high of $96.40.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Banco Santander S.A. bought a new stake in NRG Energy in the second quarter valued at approximately $217,671,000. Capitolis Liquid Global Markets LLC grew its holdings in shares of NRG Energy by 253.2% in the 1st quarter. Capitolis Liquid Global Markets LLC now owns 1,766,000 shares of the utilities provider’s stock valued at $119,541,000 after acquiring an additional 1,266,000 shares in the last quarter. Zimmer Partners LP bought a new position in shares of NRG Energy in the first quarter valued at $64,306,000. Fred Alger Management LLC acquired a new position in NRG Energy during the second quarter worth approximately $53,773,000. Finally, Assenagon Asset Management S.A. increased its holdings in shares of NRG Energy by 65.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,596,684 shares of the utilities provider’s stock worth $124,318,000 after acquiring an additional 633,765 shares during the last quarter. Institutional investors and hedge funds own 97.72% of the company’s stock.

Insider Buying and Selling

In other NRG Energy news, insider Rasesh M. Patel sold 102,603 shares of the stock in a transaction on Friday, September 13th. The stock was sold at an average price of $80.35, for a total value of $8,244,151.05. Following the transaction, the insider now directly owns 163,680 shares in the company, valued at approximately $13,151,688. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.86% of the stock is owned by corporate insiders.

NRG Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be paid a $0.4075 dividend. This represents a $1.63 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date of this dividend is Friday, November 1st. NRG Energy’s dividend payout ratio is currently 17.76%.

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.