Somewhat Positive Press Coverage Somewhat Unlikely to Impact NRG Energy (NRG) Stock Price
News headlines about NRG Energy (NYSE:NRG) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NRG Energy earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 47.3022432269809 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have effected Accern’s analysis:
- Where NRG Energy Stock Might Go from Here (finance.yahoo.com)
- NRG Energy (NRG) Misses Q3 Earnings Estimates, Trims View – Nasdaq (nasdaq.com)
- NRG Energy, Inc. (NRG) Posts Quarterly Earnings Results, Misses Expectations By $0.51 EPS (americanbankingnews.com)
- Today’s Brokerage Rating: NRG Energy, Inc., (NYSE: NRG), Sibanye Gold Limited, (NYSE: SBGL), Klondex Mines Ltd … – Stocks In The News (press release) (tradingnewsnow.com)
- NRG Energy Inc Reports 57% Decline In Q3 Profit – Nasdaq (nasdaq.com)
A number of research firms recently weighed in on NRG. BidaskClub raised shares of NRG Energy from a “hold” rating to a “buy” rating in a report on Wednesday, August 16th. Zacks Investment Research raised shares of NRG Energy from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Tuesday, July 11th. SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $25.00 target price on shares of NRG Energy in a report on Friday, October 20th. ValuEngine lowered shares of NRG Energy from a “strong-buy” rating to a “buy” rating in a report on Friday, October 27th. Finally, Barclays PLC reaffirmed an “overweight” rating and set a $27.00 target price on shares of NRG Energy in a report on Thursday, July 13th. They noted that the move was a valuation call. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. NRG Energy has a consensus rating of “Buy” and an average price target of $24.67.
NRG Energy (NYSE:NRG) opened at $27.62 on Monday. The company has a market cap of $8,745.65, a price-to-earnings ratio of 20.46 and a beta of 1.25. NRG Energy has a twelve month low of $10.73 and a twelve month high of $28.09. The company has a quick ratio of 1.11, a current ratio of 1.28 and a debt-to-equity ratio of 4.24.
NRG Energy (NYSE:NRG) last issued its quarterly earnings results on Thursday, November 2nd. The utilities provider reported $0.61 EPS for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.51). The company had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $3.28 billion. NRG Energy had a positive return on equity of 8.82% and a negative net margin of 13.48%. NRG Energy’s quarterly revenue was down 10.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.27 EPS. equities research analysts expect that NRG Energy will post 0.59 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.43%. The ex-dividend date is Tuesday, October 31st. NRG Energy’s dividend payout ratio is currently -2.35%.
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About NRG Energy
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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