NRG Energy (NYSE:NRG) Hits New 1-Year Low – Time to Sell?

NRG Energy, Inc. (NYSE:NRG)’s share price reached a new 52-week low on Monday . The stock traded as low as $108.13 and last traded at $107.90, with a volume of 605497 shares trading hands. The stock had previously closed at $113.46.

Analyst Ratings Changes

NRG has been the topic of a number of recent analyst reports. Siebert Williams Shank started coverage on NRG Energy in a report on Monday, July 6th. They issued a “buy” rating and a $184.00 price objective on the stock. Scotiabank cut their target price on NRG Energy from $226.00 to $211.00 and set a “sector outperform” rating for the company in a research note on Wednesday, August 5th. Williams Trading set a $184.00 target price on NRG Energy in a research report on Monday, July 6th. BMO Capital Markets reiterated a “market perform” rating and set a $214.00 price target on shares of NRG Energy in a report on Thursday, August 6th. Finally, Weiss Ratings raised NRG Energy from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Monday, August 17th. One 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. According to MarketBeat.com, NRG Energy has a consensus rating of “Moderate Buy” and an average price target of $198.43.

NRG Energy Stock Down 4.0%

The firm has a market cap of $22.97 billion, a PE ratio of 28.79 and a beta of 1.18. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 5.17. The business has a 50-day moving average price of $124.62 and a two-hundred day moving average price of $139.51.

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

NRG Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Investors 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 dividend yield of 1.7%. The ex-dividend date was Monday, August 3rd. NRG Energy’s dividend payout ratio is presently 50.26%.

Insider Transactions at NRG Energy

In other NRG Energy news, CAO Gerald Alfred Spencer sold 1,580 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $120.93, for a total transaction of $191,069.40. Following the completion of the transaction, the chief accounting officer owned 6,213 shares in the company, valued at $751,338.09. The trade was a 20.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NRG Energy

Several institutional investors have recently modified their holdings of NRG. Reaves W H & Co. Inc. boosted its holdings in NRG Energy by 93.5% in the fourth quarter. Reaves W H & Co. Inc. now owns 571,628 shares of the utilities provider’s stock valued at $91,026,000 after purchasing an additional 276,157 shares in the last quarter. Hiddenite Capital Partners LP raised its holdings in NRG Energy by 28.6% during the fourth quarter. Hiddenite Capital Partners LP now owns 90,000 shares of the utilities provider’s stock worth $14,332,000 after purchasing an additional 20,000 shares in the last quarter. Foster & Motley Inc. purchased a new stake in shares of NRG Energy during the 2nd quarter worth approximately $2,014,000. BNP Paribas Financial Markets lifted its position in shares of NRG Energy by 83.8% during the 4th quarter. BNP Paribas Financial Markets now owns 568,464 shares of the utilities provider’s stock worth $90,522,000 after buying an additional 259,113 shares during the last quarter. Finally, Tema ETFs LLC boosted its holdings in shares of NRG Energy by 1,481.8% in the 2nd quarter. Tema ETFs LLC now owns 59,745 shares of the utilities provider’s stock valued at $8,726,000 after buying an additional 55,968 shares in the last quarter. 97.72% of the stock is owned by hedge funds and other institutional investors.

About NRG Energy

NRG Energy, Inc is a North American energy and home services company headquartered in Houston, Texas. The company operates through power generation and energy retail businesses, supplying electricity and related services to residential, commercial and industrial customers.

NRG owns and operates a diverse portfolio of power-generation assets, including natural gas, coal, nuclear and renewable facilities. It also sells electricity and natural gas through brands such as Reliant, Direct Energy and Green Mountain Energy, with retail operations serving customers in competitive energy markets across the United States and Canada.

In addition to its energy operations, NRG provides smart-home, security and related connected-home services through its Vivint business.