Seaport Res Ptn Issues Positive Outlook for Vistra Earnings

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

A number of other brokerages also recently issued reports on VST. Guggenheim increased their price target on shares of Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. JPMorgan Chase & Co. started coverage on shares of Vistra in a research report on Thursday, October 17th. They set an “overweight” rating and a $178.00 price target for the company. Morgan Stanley upped their price target on Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. BNP Paribas initiated coverage on Vistra in a report on Monday, October 14th. They set an “outperform” rating and a $231.00 price objective for the company. Finally, Jefferies Financial Group upped their target price on Vistra from $99.00 to $137.00 and gave the company a “buy” rating in a report on Tuesday, September 24th. Ten investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $149.10.

Vistra Price Performance

Vistra stock opened at $145.35 on Monday. The company has a market cap of $49.45 billion, a P/E ratio of 27.12, a price-to-earnings-growth ratio of 1.86 and a beta of 1.16. Vistra has a one year low of $37.38 and a one year high of $168.67. The business has a fifty day moving average of $139.88 and a two-hundred day moving average of $106.44. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11.

Institutional Trading of Vistra

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VST. Redwood Wealth Management Group LLC acquired a new stake in shares of Vistra in the second quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Vistra during the third quarter worth approximately $30,000. Mark Sheptoff Financial Planning LLC acquired a new position in shares of Vistra in the 3rd quarter valued at $30,000. CVA Family Office LLC grew its stake in shares of Vistra by 1,505.9% during the 3rd quarter. CVA Family Office LLC now owns 273 shares of the company’s stock valued at $32,000 after buying an additional 256 shares during the period. Finally, EdgeRock Capital LLC acquired a new stake in shares of Vistra during the 2nd quarter worth $34,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Activity at Vistra

In related news, EVP Stephen J. Muscato sold 207,100 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $161.34, for a total transaction of $33,413,514.00. Following the sale, the executive vice president now owns 318,287 shares in the company, valued at approximately $51,352,424.58. This trade represents a 39.42 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the completion of the sale, the director now directly owns 343,350 shares of the company’s stock, valued at $47,990,029.50. The trade was a 5.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 342,100 shares of company stock valued at $55,087,314 over the last quarter. Insiders own 1.42% of the company’s stock.

Vistra declared that its Board of Directors has authorized a share buyback plan on Thursday, November 7th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the company to reacquire up to 2.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Vistra Increases Dividend

The business 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 dividend of $0.221 per share. The ex-dividend date is Friday, December 20th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.61%. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is presently 16.42%.

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.