Vistra (VST) Set to Announce Earnings on Thursday

Vistra (NYSE:VST) will be posting its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Vistra to post earnings of $0.69 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Vistra (NYSE:VST) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). The company had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $4.04 billion. Vistra had a return on equity of 21.05% and a net margin of 4.61%. During the same quarter last 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 Up 5.3 %

VST opened at $121.87 on Wednesday. Vistra has a twelve month low of $33.84 and a twelve month high of $143.87. The company’s 50-day moving average price is $109.27 and its two-hundred day moving average price is $93.37. The stock has a market cap of $41.87 billion, a price-to-earnings ratio of 89.61 and a beta of 1.09. The company has a quick ratio of 0.88, a current ratio of 0.98 and a debt-to-equity ratio of 2.89.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 20th will be paid a $0.221 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Friday, December 20th. This represents a $0.88 annualized dividend and a yield of 0.73%. Vistra’s dividend payout ratio is presently 64.71%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. JPMorgan Chase & Co. started coverage on Vistra in a research report on Thursday, October 17th. They issued an “overweight” rating and a $178.00 target price for the company. BNP Paribas started coverage on Vistra in a report on Monday, October 14th. They issued an “outperform” rating and a $231.00 price objective for the company. BMO Capital Markets upped their price objective on shares of Vistra from $146.00 to $147.00 and gave the company an “outperform” rating in a report on Tuesday, October 29th. Guggenheim lifted their target price on shares of Vistra from $133.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. Finally, Jefferies Financial Group upped their price target 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. Ten analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average 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.