How should investors evaluate NRG Energy Inc. (NYSE:NRG)?

In yesterday’s Wall Street session, NRG Energy Inc. (NYSE:NRG) shares traded at $47.57, up 0.13% from the previous session.

As of this writing, 11 analysts cover NRG Energy Inc. (NYSE:NRG). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $56.00 and a low of $40.00, we find $47.00. Given the previous closing price of $47.51, this indicates a potential downside of -1.07 percent. NRG stock price is now 15.74% away from the 50-day moving average and 30.44% away from the 200-day moving average. The market capitalization of the company currently stands at $10.74B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"


There are 6 analysts who have given it a hold rating, whereas 4 have given it a buy rating. Brokers who have rated the stock have averaged $47.50 as their price target over the next twelve months.

With the price target enhanced from $33 to $46, UBS Upgraded its rating from Sell to Neutral for NRG Energy Inc. (NYSE: NRG).

In other news, HOBBY PAUL W, Director bought 3,500 shares of the company’s stock on Dec 16. The stock was bought for $109,795 at an average price of $31.37. Upon completion of the transaction, the Director now directly owns 89,320 shares in the company, valued at $4.25 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 16, Director Donohue Elisabeth B bought 2,500 shares of the business’s stock. A total of $78,300 was incurred on buying the stock at an average price of $31.32. This leaves the insider owning 17,724 shares of the company worth $0.84 million. Insiders disposed of 95,408 shares of company stock worth roughly $4.54 million over the past 1 year. A total of 3.52% of the company’s stock is owned by insiders.

Thursday morning saw NRG Energy Inc. (NYSE: NRG) opened at $47.99. During the past 12 months, NRG Energy Inc. has had a low of $30.25 and a high of $47.85. As of last week, the company has a debt-to-equity ratio of 3.38, a current ratio of 1.06, and a quick ratio of 0.99. The fifty day moving average price for NRG is $41.29 and a two-hundred day moving average price translates $36.53 for the stock.

The latest earnings results from NRG Energy Inc. (NYSE: NRG) was released for Sep, 2023. According to the Utilities – Independent Power Producers Company, earnings per share came in at $1.41, missing analysts’ expectations of $4.04 by -2.63. This compares to $0.29 EPS in the same period last year. The net profit margin was -6.17% and return on equity was -41.14% for NRG. The company reported revenue of $7.95 billion for the quarter, compared to $8.51 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.63 percent. For the current quarter, analysts expect NRG to generate $5.54B in revenue.

NRG Energy Inc.(NRG) Company Profile

NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West segments. The company is involved in producing and selling electricity and related products and services to approximately residential, commercial, industrial, and wholesale customers. It generates electricity using natural gas, coal, oil, solar, nuclear, and battery storage. The company also provides system power, distributed generation, renewable products, backup generation, storage and distributed solar, demand response, and energy efficiency and advisory services, as well as carbon management and specialty services. In addition, it trades in electric power, natural gas, and related commodities; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. Further, the company procures fuels; and sells energy, services, and products and services under the NRG, Reliant, Direct Energy, Green Mountain Energy, Stream, and XOOM Energy. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas.

Related Posts