NRG Energy (NYSE:NRG) Reaches New 52-Week Low – Should You Sell?

NRG Energy, Inc. (NYSE:NRG) shares hit a new 52-week low on Tuesday . The stock traded as low as $134.91 and last traded at $136.2450, with a volume of 200216 shares traded. The stock had previously closed at $137.30.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on NRG. The Goldman Sachs Group initiated coverage on shares of NRG Energy in a report on Friday, March 6th. They set a “buy” rating and a $197.00 price objective on the stock. Morgan Stanley set a $159.00 target price on NRG Energy in a research report on Friday, May 1st. Wolfe Research upgraded NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a report on Wednesday, March 18th. Evercore assumed coverage on NRG Energy in a research note on Wednesday, February 25th. They set an “outperform” rating and a $215.00 price objective for the company. Finally, BNP Paribas Exane started coverage on NRG Energy in a research report on Wednesday, March 18th. They set an “outperform” rating and a $232.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $197.57.

NRG Energy Trading Down 1.8%

The stock has a market cap of $28.44 billion, a price-to-earnings ratio of 158.63 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 0.78. The company’s fifty day moving average price is $155.52 and its 200-day moving average price is $159.92.

NRG Energy (NYSE:NRG) last released its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The company had revenue of $10.26 billion during the quarter, compared to analyst estimates of $8.43 billion. During the same quarter last year, the business earned $2.68 earnings per share. The firm’s revenue for the quarter was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, research analysts expect that NRG Energy, Inc. will post 9.02 EPS for the current fiscal year.

NRG Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be issued a dividend of $0.475 per share. The ex-dividend date of this dividend is Friday, May 1st. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.4%. NRG Energy’s payout ratio is 223.53%.

Insider Activity

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Quent Capital LLC purchased a new position in shares of NRG Energy in the third quarter worth about $25,000. Motiv8 Investments LLC purchased a new stake in NRG Energy in the fourth quarter valued at approximately $27,000. MV Capital Management Inc. acquired a new position in NRG Energy in the 4th quarter worth approximately $27,000. Core Wealth Advisors LLC purchased a new position in NRG Energy during the 4th quarter worth approximately $28,000. Finally, Atlantic Union Bankshares Corp lifted its stake in NRG Energy by 90.4% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 179 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 85 shares during the period. 97.72% of the stock is owned by institutional investors and hedge funds.

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.