NRG Energy Inc (NRG) saw an uptrend of 4.38% in the recent trading with $164.84 being its most recent. The current price level -6.32% lower than the highest price of $175.96 marked by the stock while trading over the past 52-weeks, whereas it is 112.72% higher than the lowest price of $77.49 the company dropped to over past 52-weeks. The latest news story on NRG appeared in (CNBC TV) under the title “Trade Tracker: Rob Sechan buys more NRG Energy and Monolithic Power and trims Adobe”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 7 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.08 for the stock.
NRG Energy Inc Earnings – What Happened With NRG
Coming around sales and income figures on NRG Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. NRG Energy Inc (NRG) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of -4.95% for net revenue.
NRG – NRG Energy Inc Stock Earnings Estimates
The perspective of NRG Energy Inc (NYSE:NRG)’s current quarter earnings identifies that analysts are in consensus over the estimate of 1.95 for stock’s EPS in the current quarter. NRG Energy Inc (NRG) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of -4.95% for net revenue. Company’s EPS for the last quarter was 1.85.
NRG Energy Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 194.63 million. NRG does have institutional investors; and they hold 98.60% of the stock.
As on 2024-06-30, VANGUARD GROUP INC was the top most holder in NRG Energy Inc (NYSE:NRG) with an ownership of 27.36 million shares of the company or 13.1546 of the stake worth $2.13 billion. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 9.3039 of the outstanding shares. Its stake is worth $1.51 billion for having 19.35 million shares in hand.
FRANKLIN RESOURCES INC also came holding a key position in the company during the recent quarter and it now holds 5.7376 of the outstanding shares. With this there are now 1379.0 institutions which have possession in NRG’s shares.
Key Metrics for NRG
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, NRG Energy Inc has a debt to equity ratio of 4.86.
