NRG Energy (NYSE:NRG) Hits New 12-Month Low – Here’s Why

NRG Energy, Inc. (NYSE:NRG) hit a new 52-week low during trading on Monday . The stock traded as low as $108.68 and last traded at $108.9160, with a volume of 136099 shares. The stock had previously closed at $111.12.

Analysts Set New Price Targets

NRG has been the subject of several recent analyst reports. Weiss Ratings raised NRG Energy from a “hold (c-)” rating to a “hold (c+)” rating in a report on Monday, August 17th. Morgan Stanley cut their price target on shares of NRG Energy from $165.00 to $162.00 and set an “equal weight” rating for the company in a research report on Friday, August 21st. Barclays increased their price objective on NRG Energy from $200.00 to $204.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Scotiabank dropped their target price on shares of NRG Energy from $226.00 to $211.00 and set a “sector outperform” rating for the company in a report on Wednesday, August 5th. Finally, BMO Capital Markets restated a “market perform” rating and set a $214.00 target price on shares of NRG Energy in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, NRG Energy has an average rating of “Moderate Buy” and a consensus target price of $198.43.

NRG Energy Trading Down 1.4%

The stock has a market cap of $23.12 billion, a P/E ratio of 29.00 and a beta of 1.22. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 5.17. The stock’s fifty day moving average price is $130.30 and its 200 day moving average price is $143.46.

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

NRG Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Monday, August 3rd. NRG Energy’s dividend payout ratio (DPR) is currently 50.26%.

Insider Buying and Selling at NRG Energy

In related news, VP Virginia Kinney sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $127.52, for a total value of $2,550,400.00. Following the completion of the transaction, the vice president directly owned 45,111 shares in the company, valued at $5,752,554.72. The trade was a 30.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by company insiders.

Institutional Investors Weigh In On NRG Energy

Several large investors have recently bought and sold shares of the business. Brighton Jones LLC boosted its holdings in shares of NRG Energy by 41.8% during the 4th quarter. Brighton Jones LLC now owns 5,187 shares of the utilities provider’s stock valued at $468,000 after acquiring an additional 1,528 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of NRG Energy during the 1st quarter valued at $323,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in NRG Energy by 7.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,257 shares of the utilities provider’s stock worth $1,934,000 after buying an additional 1,381 shares in the last quarter. Woodline Partners LP increased its holdings in NRG Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 17,114 shares of the utilities provider’s stock worth $1,634,000 after acquiring an additional 4,949 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of NRG Energy in the second quarter worth $7,937,000. 97.72% of the stock is currently owned by institutional investors.

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.