News stories about NRG Energy (NYSE:NRG) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NRG Energy earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 46.210150573297 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have effected Accern’s scoring:
Shares of NRG Energy (NYSE NRG) traded down $0.54 during midday trading on Monday, reaching $27.41. The company’s stock had a trading volume of 9,521,102 shares, compared to its average volume of 6,172,009. The company has a debt-to-equity ratio of 4.24, a quick ratio of 1.11 and a current ratio of 1.28. NRG Energy has a fifty-two week low of $11.06 and a fifty-two week high of $29.78. The firm has a market capitalization of $8,680.00, a P/E ratio of 20.70 and a beta of 1.28.
NRG Energy (NYSE:NRG) last released its earnings results on Thursday, November 2nd. The utilities provider reported $0.61 EPS for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.51). NRG Energy had a positive return on equity of 8.82% and a negative net margin of 13.48%. The firm had revenue of $3.05 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period last year, the firm earned $1.27 EPS. The company’s revenue for the quarter was down 10.9% compared to the same quarter last year. analysts expect that NRG Energy will post 0.56 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date was Tuesday, October 31st. NRG Energy’s payout ratio is presently -4.76%.
A number of research analysts have recently commented on NRG shares. SunTrust Banks reiterated a “hold” rating and set a $25.00 target price on shares of NRG Energy in a research report on Friday, October 20th. Zacks Investment Research upgraded NRG Energy from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. Bank of America initiated coverage on NRG Energy in a research report on Tuesday, October 24th. They issued a “buy” rating and a $31.00 price target for the company. ValuEngine downgraded NRG Energy from a “strong-buy” rating to a “buy” rating in a research report on Friday, October 27th. Finally, BidaskClub upgraded NRG Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, August 16th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. NRG Energy presently has an average rating of “Buy” and a consensus target price of $24.67.
In related news, Director Barry T. Smitherman purchased 2,541 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was bought at an average cost of $28.38 per share, with a total value of $72,113.58. Following the completion of the acquisition, the director now owns 49,000 shares of the company’s stock, valued at approximately $1,390,620. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.31% of the company’s stock.
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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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