NRG Energy (NYSE:NRG) Issues FY 2025 Earnings Guidance

NRG Energy (NYSE:NRG) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 6.750-7.750 for the period, compared to the consensus estimate of 6.800. The company issued revenue guidance of -. NRG Energy also updated its FY 2024 guidance to 5.950-6.750 EPS.

NRG Energy Price Performance

Shares of NYSE NRG opened at $94.28 on Tuesday. NRG Energy has a fifty-two week low of $44.90 and a fifty-two week high of $102.84. The stock has a market capitalization of $19.46 billion, a price-to-earnings ratio of 23.69, a PEG ratio of 1.42 and a beta of 1.10. The company has a debt-to-equity ratio of 3.51, a current ratio of 1.18 and a quick ratio of 1.11. The business has a 50-day moving average of $87.40 and a 200-day moving average of $81.97.

NRG Energy Dividend Announcement

The company also recently declared 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 1.73%. The ex-dividend date of this dividend is Friday, November 1st. NRG Energy’s dividend payout ratio is currently 40.95%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Jefferies Financial Group started coverage on NRG Energy in a report on Friday, September 13th. They set a “hold” rating and a $82.00 target price on the stock. Citigroup upped their price objective on shares of NRG Energy from $84.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Guggenheim raised their target price on shares of NRG Energy from $77.00 to $118.00 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. Wells Fargo & Company lifted their target price on shares of NRG Energy from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday. Finally, BMO Capital Markets increased their price target on shares of NRG Energy from $90.00 to $94.00 and gave the company a “market perform” rating in a report on Tuesday, October 29th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, NRG Energy currently has a consensus rating of “Hold” and a consensus target price of $97.43.

Insider Buying and Selling at NRG Energy

In related news, insider Rasesh M. Patel sold 102,603 shares of the company’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $80.35, for a total transaction of $8,244,151.05. Following the completion of the sale, the insider now directly owns 163,680 shares in the company, valued at $13,151,688. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.86% of the company’s stock.

NRG Energy Company Profile

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.