NRG Energy (NYSE:NRG) Announces Earnings Results

NRG Energy (NYSE:NRG) announced its earnings results on Wednesday. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.30), FiscalAI reports. 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 for the quarter, compared to the consensus estimate of $8.43 billion. During the same period last year, the business posted $2.68 EPS. The firm’s revenue was up 19.5% compared to the same quarter last year. NRG Energy updated its FY 2026 guidance to 7.900-9.900 EPS.

Here are the key takeaways from NRG Energy’s conference call:

• Reaffirmed 2026 guidance as the business is “tracking to plan” with Q1 adjusted EBITDA of $1.08B and adjusted EPS of $1.49, and management says integration of the LS Power portfolio is underway and performing ahead of expectations.
• T.E.F. development on schedule: T.H. Wharton is expected online in May on time, on budget and qualifying for the TEF completion bonus, and three TEF projects will add 1.5 GW (serving ~300k Texas homes) — a claimed competitive advantage in new gas build capability.
• Management highlights a potentially massive demand shift (ERCOT pipeline >367 GW by 2033 vs ~85 GW record peak) and sees up to 2 GW of upgrade/conversion opportunities in PJM, but outcomes depend on interconnection, contracts and evolving regulation.
• Balance-sheet and shareholder actions: the company closed $3.5B of new financing (Apr 28) to deleverage post-acquisition, expects ~$1B of debt repayment this year, has repurchased $817M to date, and remains committed to returning at least $1.4B to shareholders.
• Q1 performance was weighed by unusually mild Texas weather and timing of Winter Storm Fern (the LS assets closed Jan 30 and missed most of the storm), and higher interest expense and D&A from the acquisition drove lower year‑over‑year adjusted net income and EPS.

NRG Energy Stock Down 2.6%

NYSE NRG traded down $3.74 during trading on Friday, hitting $138.12. The company’s stock had a trading volume of 2,447,390 shares, compared to its average volume of 2,599,127. NRG Energy has a fifty-two week low of $117.43 and a fifty-two week high of $189.96. The company has a market cap of $29.64 billion, a PE ratio of 162.50 and a beta of 1.32. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 1.58. The business’s 50 day simple moving average is $157.32 and its 200-day simple moving average is $160.31.

NRG Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 1st will be paid a $0.475 dividend. The ex-dividend date is Friday, May 1st. This represents a $1.90 dividend on an annualized basis and a yield of 1.4%. NRG Energy’s dividend payout ratio (DPR) is 223.53%.

Insider Activity

In related news, VP Virginia Kinney sold 5,000 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $156.65, for a total value of $783,250.00. Following the completion of the transaction, the vice president directly owned 55,495 shares of the company’s stock, valued at $8,693,291.75. This trade represents a 8.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.43% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of NRG. Orion Porfolio Solutions LLC raised its holdings in shares of NRG Energy by 2.0% in the fourth quarter. Orion Porfolio Solutions LLC now owns 5,156 shares of the utilities provider’s stock worth $821,000 after buying an additional 99 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of NRG Energy by 1.0% during the third quarter. Captrust Financial Advisors now owns 12,568 shares of the utilities provider’s stock valued at $2,035,000 after buying an additional 128 shares during the last quarter. Parkside Financial Bank & Trust increased its position in shares of NRG Energy by 9.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,551 shares of the utilities provider’s stock valued at $247,000 after acquiring an additional 134 shares during the period. Meeder Advisory Services Inc. raised its stake in NRG Energy by 3.1% in the 4th quarter. Meeder Advisory Services Inc. now owns 4,920 shares of the utilities provider’s stock worth $784,000 after acquiring an additional 147 shares during the last quarter. Finally, CreativeOne Wealth LLC lifted its position in NRG Energy by 4.2% during the 4th quarter. CreativeOne Wealth LLC now owns 3,737 shares of the utilities provider’s stock worth $595,000 after acquiring an additional 151 shares during the period. Institutional investors and hedge funds own 97.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Weiss Ratings cut NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday. The Goldman Sachs Group started coverage on shares of NRG Energy in a report on Friday, March 6th. They issued a “buy” rating and a $197.00 target price for the company. Evercore started coverage on shares of NRG Energy in a report on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 price target on the stock. BNP Paribas Exane started coverage on shares of NRG Energy in a research report on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 price objective on the stock. Finally, Barclays decreased their target price on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a research report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $197.57.

NRG Energy Company Profile

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.