Analysts Set NRG Energy, Inc. (NYSE:NRG) Price Target at $198.43

NRG Energy, Inc. (NYSE:NRG) has been assigned a consensus recommendation of “Moderate Buy” from the fifteen research firms that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $198.4286.

Several research firms have issued reports on NRG. Wells Fargo & Company lifted their target price on NRG Energy from $203.00 to $209.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. BMO Capital Markets restated a “market perform” rating and issued a $214.00 price target on shares of NRG Energy in a report on Thursday, August 6th. Barclays lifted their price objective on shares of NRG Energy from $200.00 to $204.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Siebert Williams Shank began coverage on shares of NRG Energy in a research note on Monday, July 6th. They set a “buy” rating and a $184.00 price objective for the company. Finally, BNP Paribas Exane set a $221.00 target price on shares of NRG Energy in a research report on Wednesday, August 19th.

NRG Energy Stock Up 0.7%

NRG Energy stock opened at $111.82 on Tuesday. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 5.17. The firm has a market cap of $23.59 billion, a P/E ratio of 29.58 and a beta of 1.18. The business has a fifty day moving average of $127.84 and a two-hundred day moving average of $141.98. NRG Energy has a twelve month low of $108.34 and a twelve month high of $189.96.

NRG Energy (NYSE:NRG) last announced its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.20). The company had revenue of $7.48 billion during the quarter, compared to analysts’ expectations of $7.31 billion. NRG Energy had a net margin of 2.56% and a return on equity of 52.95%. The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.73 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, analysts forecast that NRG Energy will post 8.6 earnings per share for the current fiscal year.

NRG Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 3rd were given a dividend of $0.475 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.7%. NRG Energy’s dividend payout ratio is presently 50.26%.

Insider Activity at NRG Energy

In other news, VP Virginia Kinney sold 20,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $127.52, for a total value of $2,550,400.00. Following the completion of the sale, the vice president owned 45,111 shares of the company’s stock, valued at $5,752,554.72. This trade represents a 30.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.43% of the company’s stock.

Institutional Investors Weigh In On NRG Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NRG. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of NRG Energy during the second quarter worth about $4,440,000. California State Teachers Retirement System raised its position in shares of NRG Energy by 14,662.9% in the 2nd quarter. California State Teachers Retirement System now owns 34,582,918 shares of the utilities provider’s stock valued at $5,051,181,000 after purchasing an additional 34,348,662 shares during the last quarter. Saudi Central Bank raised its position in shares of NRG Energy by 91.6% in the 2nd quarter. Saudi Central Bank now owns 14,268 shares of the utilities provider’s stock valued at $2,084,000 after purchasing an additional 6,821 shares during the last quarter. AlphaGrep UK Ltd acquired a new stake in NRG Energy in the 2nd quarter worth approximately $1,131,000. Finally, Syon Capital LLC grew its position in NRG Energy by 3.9% during the 2nd quarter. Syon Capital LLC now owns 5,810 shares of the utilities provider’s stock worth $849,000 after purchasing an additional 220 shares during the last quarter. 97.72% of the stock is currently owned by hedge funds and other institutional investors.

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.