Seaport Res Ptn Boosts Earnings Estimates for NRG Energy

NRG Energy, Inc. (NYSE:NRG) – Research analysts at Seaport Res Ptn increased their FY2026 earnings per share estimates for shares of NRG Energy in a note issued to investors on Monday, March 31st. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will earn $9.03 per share for the year, up from their previous estimate of $8.05. 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 FY2027 earnings at $9.81 EPS and FY2028 earnings at $10.08 EPS.

A number of other analysts have also recently weighed in on NRG. StockNews.com cut shares of NRG Energy from a “buy” rating to a “hold” rating in a report on Saturday, March 8th. Morgan Stanley increased their price objective on NRG Energy from $86.00 to $99.00 and gave the company an “equal weight” rating in a report on Wednesday, February 19th. Guggenheim increased their price target on NRG Energy from $134.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, February 27th. BMO Capital Markets boosted their price target on NRG Energy from $100.00 to $115.00 and gave the stock a “market perform” rating in a research note on Monday, March 3rd. Finally, Wells Fargo & Company boosted their target price on shares of NRG Energy from $140.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, February 27th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, NRG Energy currently has an average rating of “Moderate Buy” and a consensus price target of $123.29.

NRG Energy Trading Up 4.4 %

NYSE:NRG opened at $102.90 on Wednesday. The company has a debt-to-equity ratio of 5.57, a quick ratio of 1.10 and a current ratio of 1.17. The firm has a market cap of $20.96 billion, a P/E ratio of 25.85, a P/E/G ratio of 1.01 and a beta of 1.13. The firm has a 50-day simple moving average of $101.16 and a 200-day simple moving average of $96.08. NRG Energy has a one year low of $65.11 and a one year high of $117.26.

NRG Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd were given a dividend of $0.44 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $1.76 dividend on an annualized basis and a yield of 1.71%. This is an increase from NRG Energy’s previous quarterly dividend of $0.41. NRG Energy’s dividend payout ratio is currently 35.92%.

Insider Buying and Selling at NRG Energy

In other news, CFO Bruce Chung sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $97.63, for a total value of $1,952,600.00. Following the transaction, the chief financial officer now owns 69,454 shares in the company, valued at $6,780,794.02. This trade represents a 22.36 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.86% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NRG Energy

Hedge funds have recently modified their holdings of the business. Townsquare Capital LLC purchased a new stake in NRG Energy in the 3rd quarter valued at $242,000. Public Sector Pension Investment Board lifted its stake in shares of NRG Energy by 2.3% in the 3rd quarter. Public Sector Pension Investment Board now owns 36,165 shares of the utilities provider’s stock valued at $3,295,000 after purchasing an additional 800 shares during the last quarter. Martingale Asset Management L P purchased a new stake in NRG Energy in the 3rd quarter valued at about $926,000. Rockefeller Capital Management L.P. boosted its stake in NRG Energy by 275.2% during the third quarter. Rockefeller Capital Management L.P. now owns 40,404 shares of the utilities provider’s stock worth $3,676,000 after buying an additional 29,636 shares during the period. Finally, Captrust Financial Advisors lifted its holdings in shares of NRG Energy by 81.4% in the 3rd quarter. Captrust Financial Advisors now owns 8,106 shares of the utilities provider’s stock worth $738,000 after acquiring an additional 3,637 shares during the last quarter. 97.72% of the stock is currently owned by institutional investors and hedge funds.

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.