News stories about NRG Yield, Inc. Class C (NYSE:NYLD) have been trending somewhat negative recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. NRG Yield, Inc. Class C earned a coverage optimism score of -0.01 on Accern’s scale. Accern also assigned news coverage about the utilities provider an impact score of 46.569847432941 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern’s rankings:
Several equities analysts have recently weighed in on the stock. Bank of America assumed coverage on shares of NRG Yield, Inc. Class C in a report on Tuesday, October 24th. They issued a “neutral” rating and a $18.00 target price for the company. Goldman Sachs Group lowered shares of NRG Yield, Inc. Class C from a “buy” rating to a “neutral” rating and set a $19.00 price objective for the company. in a report on Wednesday, October 11th. Zacks Investment Research raised shares of NRG Yield, Inc. Class C from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Tuesday, October 10th. BidaskClub lowered shares of NRG Yield, Inc. Class C from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Finally, Guggenheim raised shares of NRG Yield, Inc. Class C from a “neutral” rating to a “buy” rating in a report on Tuesday, January 2nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $19.75.
NRG Yield, Inc. Class C (NYSE:NYLD) traded down $0.10 during mid-day trading on Friday, hitting $18.70. 719,817 shares of the company were exchanged, compared to its average volume of 540,483. NRG Yield, Inc. Class C has a 1 year low of $15.55 and a 1 year high of $20.15. The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.98 and a current ratio of 1.06. The stock has a market capitalization of $3,473.84, a price-to-earnings ratio of 44.76, a PEG ratio of 0.79 and a beta of 2.51.
NRG Yield, Inc. Class C (NYSE:NYLD) last issued its quarterly earnings results on Thursday, November 2nd. The utilities provider reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.31). The company had revenue of $265.00 million during the quarter, compared to the consensus estimate of $311.81 million. NRG Yield, Inc. Class C had a return on equity of 1.76% and a net margin of 4.10%. The firm’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.30 earnings per share. research analysts anticipate that NRG Yield, Inc. Class C will post 0.81 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were given a dividend of $0.288 per share. This represents a $1.15 annualized dividend and a dividend yield of 6.16%. This is an increase from NRG Yield, Inc. Class C’s previous quarterly dividend of $0.28. The ex-dividend date was Thursday, November 30th. NRG Yield, Inc. Class C’s dividend payout ratio (DPR) is 273.81%.
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About NRG Yield, Inc. Class C
NRG Yield, Inc serves as the primary vehicle, through which NRG Energy, Inc owns, operates and acquires contracted renewable and conventional generation and thermal infrastructure assets. It owns a diversified portfolio of contracted renewable and conventional generation and thermal infrastructure assets in the United States.
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