News headlines about NRG Energy (NYSE:NRG) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NRG Energy earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 45.6853077639505 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have effected Accern’s analysis:
- Bank of America Corporation Begins Coverage on NRG Energy, Inc. (NRG) (americanbankingnews.com)
- Energy & Sustainability Connections Newsletter – September 2017 (jdsupra.com)
- Pre-Market Technical Recap on Utilities Stocks — NRG Energy, Public Service Enterprise, PNM Resources, and Sempra Energy (kswo.com)
- Environmentalists, Energy Companies Unite in Fight Against Electrical-Grid Plan (msn.com)
- NRG Energy, Inc. (NRG) Earns Hold Rating from SunTrust Banks, Inc. (americanbankingnews.com)
A number of research firms recently weighed in on NRG. Bank of America Corporation began coverage on shares of NRG Energy in a report on Tuesday. They set a “buy” rating and a $31.00 target price on the stock. BidaskClub raised shares of NRG Energy from a “hold” rating to a “buy” rating in a report on Wednesday, August 16th. Zacks Investment Research lowered shares of NRG Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 17th. ValuEngine raised shares of NRG Energy from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 6th. Finally, Barclays PLC reaffirmed an “overweight” rating and set a $27.00 target price on shares of NRG Energy in a report on Thursday, July 13th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. NRG Energy currently has a consensus rating of “Buy” and an average target price of $24.67.
NRG Energy (NRG) opened at 25.11 on Wednesday. The stock has a 50 day moving average of $24.83 and a 200-day moving average of $20.93. The company’s market cap is $7.95 billion. NRG Energy has a one year low of $9.84 and a one year high of $26.68.
NRG Energy (NYSE:NRG) last released its quarterly earnings data on Thursday, August 3rd. The utilities provider reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.31. The firm had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $3.19 billion. NRG Energy had a negative net margin of 10.67% and a positive return on equity of 12.38%. The company’s revenue for the quarter was up 20.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.61) earnings per share. On average, equities analysts predict that NRG Energy will post $0.59 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st will be given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.48%. The ex-dividend date is Tuesday, October 31st. NRG Energy’s dividend payout ratio is presently -2.75%.
About NRG Energy
NRG Energy, Inc (NRG) is an integrated power company. The Company is engaged in producing, selling and delivering electricity and related products and services in various markets in the United States. The Company’s segments include Generation, Retail, Renewables, NRG Yield, Inc (NRG Yield) and Corporate activities.
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