Analysts Set NRG Energy, Inc. (NYSE:NRG) PT at $197.80

NRG Energy, Inc. (NYSE:NRG) has earned a consensus rating of “Moderate Buy” from the fifteen ratings firms that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $199.9286.

Several brokerages have commented on NRG. Wells Fargo & Company raised their price objective on shares of NRG Energy from $203.00 to $209.00 and gave the stock an “overweight” rating in a report on Thursday. Weiss Ratings upgraded shares of NRG Energy from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday. Barclays lowered their price target on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a research report on Tuesday, March 31st. Raymond James Financial set a $210.00 price objective on shares of NRG Energy in a research note on Monday, April 27th. Finally, Scotiabank reaffirmed an “outperform” rating and set a $226.00 target price on shares of NRG Energy in a research note on Wednesday.

Insider Transactions at NRG Energy

In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of NRG Energy stock in a transaction on Monday, June 15th. The stock was sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the completion of the transaction, the vice president owned 45,111 shares in the company, valued at approximately $5,752,554.72. The trade was a 30.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

Hedge Funds Weigh In On NRG Energy

Institutional investors and hedge funds have recently modified their holdings of the stock. MV Capital Management Inc. bought a new position in NRG Energy in the 4th quarter worth about $27,000. Motiv8 Investments LLC bought a new stake in NRG Energy during the 4th quarter valued at about $27,000. Core Wealth Advisors LLC purchased a new position in NRG Energy in the fourth quarter worth about $28,000. EMC Capital Management bought a new position in shares of NRG Energy in the fourth quarter worth approximately $30,000. Finally, SHP Wealth Management bought a new position in shares of NRG Energy in the fourth quarter worth approximately $32,000. 97.72% of the stock is currently owned by institutional investors.

NRG Energy Stock Up 0.0%

Shares of NRG Energy stock opened at $129.12 on Monday. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 4.68. The company’s fifty day simple moving average is $135.32 and its two-hundred day simple moving average is $149.58. The company has a market cap of $27.24 billion, a P/E ratio of 151.91 and a beta of 1.21. NRG Energy has a 12-month low of $120.11 and a 12-month high of $189.96.

NRG Energy (NYSE:NRG) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.30). NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The company had revenue of $10.26 billion during the quarter, compared to analysts’ expectations of $8.43 billion. During the same period in the prior year, the business posted $2.68 earnings per share. The company’s revenue for the quarter was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Research analysts anticipate that NRG Energy will post 8.89 EPS for the current year.

About NRG Energy

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.