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 EPS guidance of 6.750-7.750 for the period, compared to the consensus EPS estimate of 6.800. The company issued revenue guidance of -. NRG Energy also updated its FY 2024 guidance to 5.950-6.750 EPS.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on NRG. StockNews.com lowered NRG Energy from a “buy” rating to a “hold” rating in a research report on Monday, September 2nd. Citigroup boosted their target price on shares of NRG Energy from $84.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Jefferies Financial Group assumed coverage on shares of NRG Energy in a research note on Friday, September 13th. They issued a “hold” rating and a $82.00 price target for the company. BMO Capital Markets boosted their price objective on shares of NRG Energy from $90.00 to $94.00 and gave the stock a “market perform” rating in a research note on Tuesday, October 29th. Finally, Wells Fargo & Company raised their target price on shares of NRG Energy from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, NRG Energy currently has an average rating of “Hold” and a consensus price target of $97.43.

NRG Energy Stock Down 1.1 %

NRG Energy stock opened at $91.46 on Thursday. NRG Energy has a twelve month low of $44.90 and a twelve month high of $102.84. The stock has a market cap of $18.53 billion, a P/E ratio of 23.24, a P/E/G ratio of 1.35 and a beta of 1.10. The company’s 50-day moving average price is $87.92 and its two-hundred day moving average price is $82.18. The company has a quick ratio of 1.10, a current ratio of 1.17 and a debt-to-equity ratio of 5.57.

NRG Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be issued a dividend of $0.4075 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a $1.63 annualized dividend and a yield of 1.78%. NRG Energy’s payout ratio is currently 40.95%.

Insider Buying and Selling at NRG Energy

In other news, insider Rasesh M. Patel sold 102,603 shares of the business’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $80.35, for a total value of $8,244,151.05. Following the completion of the sale, the insider now owns 163,680 shares of the company’s stock, valued at approximately $13,151,688. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.86% of the company’s stock.

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.