NRG Energy, Inc. (NRG) To Go Ex-Dividend on November 2nd

NRG Energy, Inc. (NYSE:NRG) announced a quarterly dividend on Wednesday, October 14th. Shareholders of record on Monday, November 2nd will be given a dividend of $0.4750 per share by the utilities provider on Monday, November 16th. This represents a $1.90 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, November 2nd.

NRG Energy has increased its dividend by an average of 0.1% per year over the last three years and has raised its dividend annually for the last 1 consecutive years. NRG Energy has a dividend payout ratio of 22.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect NRG Energy to earn $10.08 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 18.8%.

NRG Energy Stock Down 1.7%

Shares of NYSE:NRG opened at $95.91 on Friday. The company has a debt-to-equity ratio of 5.17, a quick ratio of 0.89 and a current ratio of 0.97. The company has a market cap of $20.24 billion, a PE ratio of 25.37 and a beta of 1.17. NRG Energy has a 52 week low of $90.80 and a 52 week high of $189.96. The firm has a 50 day simple moving average of $104.54 and a 200 day simple moving average of $135.30.

NRG Energy (NYSE:NRG) last posted its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.20). The firm had revenue of $7.48 billion for the quarter, compared to analysts’ expectations of $7.31 billion. NRG Energy had a return on equity of 52.95% and a net margin of 2.56%. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.73 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, research analysts expect that NRG Energy will post 8.62 earnings per share for the current year.

About NRG Energy

NRG Energy, Inc is an integrated power and home services company headquartered in Houston, Texas. The company produces and sells electricity through a diverse generation portfolio that includes natural gas, coal, nuclear power, renewable energy and battery storage. NRG serves wholesale and retail energy markets, with operations and customers primarily in the United States and Canada.

Through retail brands including Reliant and Direct Energy, NRG provides electricity, natural gas and related energy products to residential, commercial and industrial customers.