NRG Energy Inc (NRG) is looking forward to a strong quarter

With 0.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.59 million shares. During the session, the Utilities – Independent Power Producers company that operates in wider Utilities sector, reached to the highest price of $93.64 whereas the lowest price it dropped to was $92.1. The 52-week range on NRG shows that it touched its highest point at $103.14 and its lowest point at $50.00 during that stretch. It currently has a 1-year price target of $105.25. With its current market cap of 19.01 billion, NRG has annualized dividend of $1.63 while the current yield stands at 1.75%. Beta for the stock currently stands at 1.13.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NRG was up-trending over the past week, with a rise of 1.76%, but this was down by -2.57% over a month. Three-month performance surged to 4.25% while six-month performance rose 16.99%. The stock gained 86.06% in the past year, while it has gained 79.94% so far this year. A look at the trailing 12-month EPS for NRG yields 4.13 with Next year EPS estimates of 7.24. For the next quarter, that number is 0.96. This implies an EPS growth rate of 2.83% for this year and 16.54% for next year.

Float and Shares Shorts:

At present, 204.93 million NRG shares are outstanding with a float of 198.24 million shares on hand for trading. On 2024-11-29, short shares totaled 9.57 million, which was 473.00000000000006 higher than short shares on 1730332800. In addition to Dr. Lawrence Stephen Coben Ph.D. as the firm’s President, CEO & Chairman of the Board, Mr. Woo-Sung Chung serves as its EVP & CFO.

Institutional Ownership:

Through their ownership of 0.98910004 of NRG’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, NRG reported revenue of $7223000000.0 and operating income of -$1013000000.0. The EBITDA in the recently reported quarter was -$650000000.0 and diluted EPS was -$3.79.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NRG since 7 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With NRG analysts setting a high price target of 140.0 and a low target of 43.0, the average target price over the next 12 months is 98.643. Based on these targets, NRG could surge 50.49% to reach the target high and fall by -53.78% to reach the target low. Reaching the average price target will result in a growth of 6.03% from current levels.

Analysts have provided yearly estimates in a range of $6.34993 being high and $6.07639 being low. For NRG, this leads to a yearly average estimate of $6.21316. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.