Press coverage about NRG Energy (NYSE:NRG) has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. NRG Energy earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the utilities provider an impact score of 46.7590309553313 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
NRG Energy (NRG) opened at 25.34 on Friday. The stock’s market capitalization is $8.02 billion. NRG Energy has a one year low of $9.84 and a one year high of $26.68. The company has a 50 day moving average of $24.84 and a 200-day moving average of $20.96.
NRG Energy (NYSE:NRG) last issued its quarterly earnings results on Thursday, August 3rd. The utilities provider reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.31. The company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $3.19 billion. NRG Energy had a positive return on equity of 12.38% and a negative net margin of 10.67%. NRG Energy’s revenue for the quarter was up 20.2% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.61) earnings per share. Equities research analysts predict that NRG Energy will post $0.59 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st will be given a $0.03 dividend. The ex-dividend date of this dividend is Tuesday, October 31st. This represents a $0.12 annualized dividend and a dividend yield of 0.47%. NRG Energy’s dividend payout ratio (DPR) is presently -2.75%.
A number of brokerages have commented on NRG. Zacks Investment Research lowered shares of NRG Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 17th. SunTrust Banks, Inc. restated a “hold” rating and set a $25.00 price target on shares of NRG Energy in a research note on Friday, October 20th. BidaskClub upgraded shares of NRG Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, August 16th. ValuEngine lowered shares of NRG Energy from a “strong-buy” rating to a “buy” rating in a research note on Friday. Finally, Bank of America Corporation began coverage on shares of NRG Energy in a research note on Tuesday. They set a “buy” rating and a $31.00 price target for the company. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. NRG Energy presently has an average rating of “Buy” and a consensus price target of $24.67.
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NRG Energy Company Profile
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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