NRG Energy (NRG) Earns Coverage Optimism Score of 0.19
News articles about NRG Energy (NYSE:NRG) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. NRG Energy earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned headlines about the utilities provider an impact score of 45.3534792864448 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- CCS must clear financial obstacles to move beyond EOR, witnesses say (ogj.com)
- Renewable Energy Update – September 2017 #2 (jdsupra.com)
- NRG Energy : Heitkamp helps sponsor bill expanding tax credits for carbon capture technology (4-traders.com)
- Analysts Expect NRG Energy Stock to rise 30% (finance.yahoo.com)
- Head to Head Analysis: IDACORP (IDA) versus NRG Energy (NRG) (americanbankingnews.com)
NRG Energy (NRG) opened at 23.84 on Tuesday. The firm’s 50 day moving average price is $24.59 and its 200 day moving average price is $19.58. The stock’s market cap is $7.54 billion. NRG Energy has a one year low of $9.84 and a one year high of $26.25.
NRG Energy (NYSE:NRG) last released its earnings results on Thursday, August 3rd. The utilities provider reported $0.36 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.31. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $3.19 billion. NRG Energy had a negative net margin of 10.67% and a positive return on equity of 12.38%. The company’s revenue was up 20.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.61) EPS. Equities analysts forecast that NRG Energy will post $0.28 earnings per share for the current year.
A number of research analysts have commented on NRG shares. Williams Capital started coverage on NRG Energy in a research note on Thursday, June 1st. They set a “buy” rating and a $20.00 price target on the stock. ValuEngine cut NRG Energy from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 2nd. BidaskClub upgraded NRG Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. Barclays PLC reiterated an “overweight” rating and issued a $27.00 price objective on shares of NRG Energy in a research note on Thursday, July 13th. They noted that the move was a valuation call. Finally, Zacks Investment Research upgraded NRG Energy from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a research note on Tuesday, September 12th. One analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. NRG Energy presently has an average rating of “Buy” and an average price target of $22.25.
NRG Energy Company Profile
NRG Energy, Inc (NRG) is an integrated power company. The Company is engaged in producing, selling and delivering electricity and related products and services in various markets in the United States. The Company’s segments include Generation, Retail, Renewables, NRG Yield, Inc (NRG Yield) and Corporate activities.
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