NRG Energy, Inc. (NYSE:NRG) Volume Spiking Mid-session

Judith Bessette
Julho 12, 2017

The analysts estimated mean EPS at -0.06 while the high and low EPS estimate stand at 0.67 and -0.87 respectively.

NRG Energy (NYSE:NRG) last issued its earnings results on Tuesday, May 2nd. For the next financial year, analysts expect that the firm will report earnings of $0.92 per share, with EPS estimates ranging from $0.90 to $0.95. The stock presently has a consensus rating of "Buy" and an average target price of $20.29. BlackRock Inc. now owns 19,983,017 shares of the utilities provider's stock valued at $373,684,000 after buying an additional 19,593,226 shares in the last quarter.

This table compares Dynegy and NRG Yield's net margins, return on equity and return on assets. The business had revenue of $2.76 billion for the quarter, compared to the consensus estimate of $3.29 billion.

EPS growth in past 5 year was -37.10% along with sales growth of 6.30% in the last five years. It indicates oversold and overbought price levels for a stock. BidaskClub raised NRG Energy from a hold rating to a buy rating in a research report on Tuesday, June 27th. Zacks Investment Research upgraded NRG Energy from a hold rating to a buy rating and set a $21.00 price target on the stock in a research note on Wednesday, April 12th. The company now has a consensus rating of "Buy" and a consensus price target of $20.43.

Bovespa fecha em alta e dólar cai nesta terça-feira
No mercado à vista, o dólar terminou em baixa de 0,21%, aos R$ 3,2534, o menor nível desde 1 de junho (R$ 3,2457). Na ponta negativa, Eletrobras caiu 3,48% nas ações ordinárias e 2,37% nas preferenciais.

Several hedge funds and other institutional investors have recently bought and sold shares of NRG.

NRG Energy Inc. announced Wednesday a "transformation plan" aimed at cutting recurring costs by $1.1 billion, slashing debt obligations by $13 billion and completing assets sales worth up to $4.0 billion. Janus Capital Management LLC boosted its position in NRG Energy by 23.7% in the fourth quarter. Teachers Advisors LLC now owns 392,722 shares of the utilities provider's stock worth $4,815,000 after buying an additional 21,422 shares in the last quarter. Market traders purchased 15,656 bullish call options on the company shares.

ILLEGAL ACTIVITY NOTICE: This piece was first posted by BNB Daily and is the property of of BNB Daily. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and worldwide trademark & copyright law. Schwab Charles Investment Management Inc. owned 0.52% of NRG Energy worth $30,772,000 as of its most recent SEC filing. The company has a market cap of $1.64B and its 12 month revenue was nearly $903.42M. The company has a 50-day moving average price of $17.63 and a 200 day moving average price of $17.08. The stock touched 52-week High of $19.07 on 04/04/17 and 52-week Low of $9.84 on 11/03/16. Investors of record on Thursday, June 1st were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, May 30th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 6.30%. NRG Yield pays out 225.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NRG Yield's dividend payout ratio (DPR) is now 225.00%.

The largest independent US power producer plans to significantly slash costs, as part of an agreement with activist investors Elliott Management and Bluescape Energy Partners to cut costs and reduce debt.

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