FY2026 Earnings Estimate for NRG Energy Issued By Scotiabank

NRG Energy, Inc. (NYSE:NRG) – Equities research analysts at Scotiabank lowered their FY2026 earnings per share estimates for shares of NRG Energy in a report released on Wednesday, August 19th. Scotiabank analyst A. Weisel now forecasts that the utilities provider will earn $8.97 per share for the year, down from their previous estimate of $10.02. Scotiabank has a “Sector Outperform” rating and a $211.00 price objective on the stock. The consensus estimate for NRG Energy’s current full-year earnings is $8.60 per share. Scotiabank also issued estimates for NRG Energy’s FY2027 earnings at $10.76 EPS.

NRG Energy (NYSE:NRG) last posted its earnings results on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.20). NRG Energy had a net margin of 2.56% and a return on equity of 52.95%. The firm had revenue of $7.48 billion for the quarter, compared to analysts’ expectations of $7.31 billion. During the same period last year, the firm earned $1.73 earnings per share. NRG Energy’s revenue for the quarter was up 11.0% compared to the same quarter last year. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS.

Other research analysts also recently issued reports about the company. Morgan Stanley reduced their target price on NRG Energy from $165.00 to $162.00 and set an “equal weight” rating for the company in a research note on Friday. Evercore reissued an “outperform” rating and issued a $195.00 price target on shares of NRG Energy in a research note on Wednesday, August 5th. Williams Trading set a $184.00 price objective on shares of NRG Energy in a research report on Monday, July 6th. Weiss Ratings raised shares of NRG Energy from a “hold (c-)” rating to a “hold (c+)” rating in a report on Monday, August 17th. Finally, Siebert Williams Shank began coverage on shares of NRG Energy in a research report on Monday, July 6th. They issued a “buy” rating and a $184.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $198.43.

NRG Energy Stock Performance

Shares of NRG stock opened at $111.80 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 5.17. NRG Energy has a 12-month low of $111.30 and a 12-month high of $189.96. The business’s 50 day moving average is $131.88 and its two-hundred day moving average is $144.46. The company has a market capitalization of $23.59 billion, a P/E ratio of 29.58 and a beta of 1.22.

Hedge Funds Weigh In On NRG Energy

Several hedge funds and other institutional investors have recently modified their holdings of NRG. California State Teachers Retirement System boosted its position in NRG Energy by 14,662.9% during the second quarter. California State Teachers Retirement System now owns 34,582,918 shares of the utilities provider’s stock worth $5,051,181,000 after acquiring an additional 34,348,662 shares during the last quarter. Saudi Central Bank raised its holdings in NRG Energy by 91.6% in the 2nd quarter. Saudi Central Bank now owns 14,268 shares of the utilities provider’s stock valued at $2,084,000 after acquiring an additional 6,821 shares during the last quarter. AlphaGrep UK Ltd purchased a new position in NRG Energy in the 2nd quarter worth approximately $1,131,000. Syon Capital LLC boosted its holdings in shares of NRG Energy by 3.9% during the 2nd quarter. Syon Capital LLC now owns 5,810 shares of the utilities provider’s stock worth $849,000 after purchasing an additional 220 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew its position in shares of NRG Energy by 32.0% in the second quarter. Concurrent Investment Advisors LLC now owns 8,538 shares of the utilities provider’s stock valued at $1,247,000 after purchasing an additional 2,069 shares in the last quarter. 97.72% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $127.52, for a total value of $2,550,400.00. Following the transaction, the vice president owned 45,111 shares in the company, valued at approximately $5,752,554.72. This trade represents a 30.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.43% of the company’s stock.

NRG Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were given a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Monday, August 3rd. NRG Energy’s payout ratio is presently 50.26%.

NRG Energy Company Profile

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.