NRG Energy, Inc. (NRG) to Distribute Quarterly Dividend of $0.47 on August 17th

NRG Energy, Inc. (NYSE:NRG) announced a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Monday, August 3rd will be given a dividend of 0.475 per share by the utilities provider on Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, August 3rd.

NRG Energy has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. NRG Energy has a payout ratio of 22.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect NRG Energy to earn $11.25 per share next year, which means the company should continue to be able to cover its $1.90 annual dividend with an expected future payout ratio of 16.9%.

NRG Energy Stock Performance

NYSE NRG opened at $143.10 on Friday. NRG Energy has a twelve month low of $120.11 and a twelve month high of $189.96. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 4.68. The company has a market capitalization of $30.19 billion, a price-to-earnings ratio of 168.36 and a beta of 1.21. The stock has a fifty day simple moving average of $135.41 and a 200 day simple moving average of $148.88.

NRG Energy (NYSE:NRG) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.30). NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The company had revenue of $10.26 billion during the quarter, compared to the consensus estimate of $8.43 billion. During the same quarter in the previous year, the company earned $2.68 earnings per share. The business’s revenue was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Sell-side analysts expect that NRG Energy will post 8.89 EPS for the current year.

About NRG Energy

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.