In the last trading session, 1.8 million NRG Energy Inc (NYSE:NRG) shares changed hands as the company’s beta touched 1.09. With the company’s per share price at $94.68 changed hands at -$1.45 or -1.51% during last session, the market valuation stood at $18.75B. NRG’s last price was a discount, traded about -23.85% off its 52-week high of $117.26. The share price had its 52-week low at $63.84, which suggests the last value was 32.57% up since then. When we look at NRG Energy Inc’s average trading volume, we note the 10-day average is 3.77 million shares, with the 3-month average coming to 3.28 million.
Analysts gave the NRG Energy Inc (NRG) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.33. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended NRG as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. NRG Energy Inc’s EPS for the current quarter is expected to be 1.7.
NRG Energy Inc (NYSE:NRG) trade information
Instantly NRG was in red as seen at the end of in last trading. With action 6.84%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 4.94%, with the 5-day performance at 6.84% in the green. However, in the 30-day time frame, NRG Energy Inc (NYSE:NRG) is -12.01% down. Looking at the short shares, we see there were 6.96 million shares sold at short interest cover period of 2.42 days.
The consensus price target for the stock as assigned by Wall Street analysts is 94, meaning bulls need a downside of -0.72% from its current market value. According to analyst projections, NRG’s forecast low is 94 with 94 as the target high. To hit the forecast high, the stock’s price needs a 0.72% surge from its current level, while the stock would need to tank 0.72% for it to hit the projected low.
NRG Energy Inc (NRG) estimates and forecasts
Year-over-year growth is forecast to reach 15.92% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 8.3B. 2 analysts are of the opinion that NRG Energy Inc’s revenue for the current quarter will be 8.53B. The company’s revenue for the corresponding quarters a year ago was 7.43B and 6.66B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 11.67%. The estimates for the next quarter sales put growth at 28.08%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -20.43%. The 2025 estimates are for NRG Energy Inc earnings to increase by 8.92%, but the outlook for the next 5-year period is at 8.46% per year.
NRG Dividends
NRG Energy Inc is expected to release its next quarterly earnings report on 2025-Feb-25. The 1.76% annual yield figure for the share gives it an annual dividend of 1.66. It is important to note, however, that the 1.76% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 3.03 per year.
NRG Energy Inc (NYSE:NRG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.02% of NRG Energy Inc shares while 98.78% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 101.86%. There are 98.78% institutions holding the NRG Energy Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 13.0917% of the shares, roughly 27.36 million NRG shares worth $2.13 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 9.2593% or 19.35 million shares worth $1.51 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Putnam Large Cap Value Fund . With 6.37 shares estimated at $602.75 million under it, the former controlled 3.13% of total outstanding shares. On the other hand, Putnam Large Cap Value Fund held about 2.78% of the shares, roughly 5.67 shares worth around $536.84 million.
