NRG Energy Inc (NYSE:NRG) announced a quarterly dividend on Thursday, October 17th, RTT News reports. Investors of record on Friday, November 1st will be paid a dividend of 0.03 per share by the utilities provider on Friday, November 15th. This represents a $0.12 annualized dividend and a yield of 0.30%.
NRG opened at $39.52 on Thursday. The firm has a market cap of $9.90 billion, a P/E ratio of 16.40, a PEG ratio of 0.28 and a beta of 0.79. NRG Energy has a 1-year low of $32.63 and a 1-year high of $43.66. The company has a 50 day simple moving average of $38.43 and a two-hundred day simple moving average of $37.16.
NRG Energy (NYSE:NRG) last posted its quarterly earnings results on Wednesday, August 7th. The utilities provider reported $0.70 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.78 by ($0.08). The firm had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.52 billion. NRG Energy had a negative return on equity of 45.11% and a net margin of 6.20%. The business’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.31 earnings per share. Equities research analysts expect that NRG Energy will post 4.11 EPS for the current year.
About NRG Energy
NRG Energy, Inc, together with its subsidiaries, operates as an energy company in the United States. The company is involved in the producing, selling, and delivering electricity and related products and services to 3.1 million residential, industrial, and commercial consumers. It generates electricity using natural gas, coal, oil, solar, nuclear, wind, fossil fuel, and nuclear sources.
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