NRG Energy (NYSE:NRG) Trading Down 5.2% – What’s Next?

NRG Energy, Inc. (NYSE:NRG)’s share price dropped 5.2% during mid-day trading on Wednesday . The company traded as low as $124.40 and last traded at $123.2010. Approximately 195,499 shares traded hands during trading, a decline of 92% from the average daily volume of 2,596,946 shares. The stock had previously closed at $129.96.

Wall Street Analyst Weigh In

NRG has been the topic of a number of recent analyst reports. Morgan Stanley set a $162.00 price target on shares of NRG Energy in a research note on Thursday, May 21st. Weiss Ratings lowered shares of NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 7th. Barclays cut their price target on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 31st. BNP Paribas Exane initiated coverage on shares of NRG Energy in a research note on Wednesday, March 18th. They set an “outperform” rating and a $232.00 price target on the stock. Finally, The Goldman Sachs Group initiated coverage on shares of NRG Energy in a research note on Friday, March 6th. They set a “buy” rating and a $197.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, NRG Energy presently has a consensus rating of “Moderate Buy” and an average target price of $199.69.

NRG Energy Price Performance

The firm’s fifty day moving average price is $145.80 and its 200 day moving average price is $154.63. The firm has a market capitalization of $25.74 billion, a PE ratio of 144.02 and a beta of 1.24. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 4.68.

NRG Energy (NYSE:NRG) last released its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.30). The business had revenue of $10.26 billion during the quarter, compared to analysts’ expectations of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The firm’s revenue was up 19.5% on a year-over-year basis. During the same period last year, the company earned $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, equities analysts forecast that NRG Energy, Inc. will post 8.98 earnings per share for the current year.

NRG Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, May 1st. NRG Energy’s dividend payout ratio is 223.53%.

Insider Activity at NRG Energy

In other news, VP Virginia Kinney sold 5,000 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $156.65, for a total value of $783,250.00. Following the sale, the vice president directly owned 55,495 shares of the company’s stock, valued at $8,693,291.75. This represents a 8.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.43% of the stock is owned by company insiders.

Institutional Trading of NRG Energy

A number of hedge funds have recently added to or reduced their stakes in NRG. Brighton Jones LLC boosted its holdings in NRG Energy by 41.8% during the fourth quarter. Brighton Jones LLC now owns 5,187 shares of the utilities provider’s stock worth $468,000 after buying an additional 1,528 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in NRG Energy during the first quarter worth $323,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in NRG Energy by 7.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,257 shares of the utilities provider’s stock worth $1,934,000 after buying an additional 1,381 shares in the last quarter. Woodline Partners LP boosted its holdings in NRG Energy by 40.7% during the first quarter. Woodline Partners LP now owns 17,114 shares of the utilities provider’s stock worth $1,634,000 after buying an additional 4,949 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in NRG Energy during the second quarter worth $7,937,000. 97.72% of the stock is owned by hedge funds and other institutional investors.

NRG Energy Company Profile

NRG Energy (NYSE: NRG) is a U.S.-based integrated power company headquartered in Houston, Texas. The company develops, owns and operates a diversified portfolio of power generation assets and participates in wholesale and retail energy markets. NRG supplies electricity to utilities, commercial and industrial customers, and retail consumers, while also providing energy-related products and services designed to manage consumption and support reliability.

NRG’s generation mix includes conventional thermal plants as well as renewable and distributed energy resources.