Equities analysts expect NRG Yield, Inc. (NYSE:NYLD) to post sales of $267.32 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for NRG Yield’s earnings. The lowest sales estimate is $250.00 million and the highest is $277.40 million. NRG Yield posted sales of $258.00 million during the same quarter last year, which suggests a positive year over year growth rate of 3.6%. The firm is expected to report its next earnings results on Tuesday, August 8th.

According to Zacks, analysts expect that NRG Yield will report full-year sales of $267.32 million for the current year, with estimates ranging from $1.01 billion to $1.08 billion. For the next fiscal year, analysts forecast that the firm will post sales of $1.10 billion per share, with estimates ranging from $1.04 billion to $1.15 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that follow NRG Yield.

NRG Yield (NYSE:NYLD) last released its quarterly earnings results on Tuesday, May 2nd. The utilities provider reported ($0.03) EPS for the quarter, meeting analysts’ consensus estimates of ($0.03). The firm had revenue of $218 million during the quarter, compared to analyst estimates of $195.91 million. NRG Yield had a net margin of 5.00% and a return on equity of 2.01%. During the same period in the previous year, the business earned $0.33 EPS.

A number of analysts have recently issued reports on the stock. Zacks Investment Research cut shares of NRG Yield from a “hold” rating to a “strong sell” rating in a research note on Friday, June 9th. Williams Capital reissued a “buy” rating on shares of NRG Yield in a research note on Thursday, June 1st. Barclays PLC reissued an “overweight” rating and issued a $24.00 price objective (up from $20.00) on shares of NRG Yield in a research note on Sunday, April 23rd. Finally, Guggenheim cut shares of NRG Yield from a “buy” rating to a “neutral” rating in a research note on Wednesday, March 1st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. NRG Yield has an average rating of “Hold” and an average price target of $19.67.

NRG Yield (NYSE NYLD) traded up 0.29% on Friday, hitting $17.55. 935,371 shares of the stock were exchanged. The company has a 50-day moving average of $17.48 and a 200 day moving average of $16.93. The firm has a market cap of $1.72 billion, a P/E ratio of 35.10 and a beta of 2.55. NRG Yield has a 12 month low of $13.98 and a 12 month high of $18.56.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Thursday, June 1st were paid a $0.27 dividend. This is a boost from NRG Yield’s previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a dividend yield of 6.15%. The ex-dividend date of this dividend was Tuesday, May 30th. NRG Yield’s dividend payout ratio (DPR) is presently 225.00%.

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Several institutional investors have recently modified their holdings of the company. Bayesian Capital Management LP acquired a new position in shares of NRG Yield during the fourth quarter worth approximately $190,000. OTA Financial Group L.P. acquired a new position in shares of NRG Yield during the first quarter worth approximately $213,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of NRG Yield during the fourth quarter worth approximately $235,000. KCG Holdings Inc. acquired a new position in shares of NRG Yield during the first quarter worth approximately $321,000. Finally, Grand Jean Capital Management Inc. boosted its position in shares of NRG Yield by 66.3% in the first quarter. Grand Jean Capital Management Inc. now owns 21,120 shares of the utilities provider’s stock worth $374,000 after buying an additional 8,420 shares during the last quarter. 32.27% of the stock is owned by institutional investors and hedge funds.

NRG Yield Company Profile

NRG Yield, Inc serves as the primary vehicle, through which NRG Energy, Inc owns, operates and acquires contracted renewable and conventional generation and thermal infrastructure assets. It owns a diversified portfolio of contracted renewable and conventional generation and thermal infrastructure assets in the United States.

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