News stories about NRG Yield Inc Class C (NYSE:NYLD) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. NRG Yield Inc Class C earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news headlines about the utilities provider an impact score of 46.1055529595434 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of NYSE:NYLD opened at $17.30 on Thursday. The company has a current ratio of 0.49, a quick ratio of 0.45 and a debt-to-equity ratio of 2.47. NRG Yield Inc Class C has a fifty-two week low of $15.55 and a fifty-two week high of $20.15. The stock has a market capitalization of $3.23 billion, a PE ratio of 21.36, a PEG ratio of 0.58 and a beta of 2.16.
NRG Yield Inc Class C (NYSE:NYLD) last posted its quarterly earnings results on Thursday, May 3rd. The utilities provider reported $0.16 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.14. NRG Yield Inc Class C had a net margin of 0.30% and a return on equity of 4.10%. The firm had revenue of $225.00 million during the quarter, compared to the consensus estimate of $216.52 million. During the same quarter in the previous year, the firm posted $0.33 earnings per share. equities analysts predict that NRG Yield Inc Class C will post 0.96 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, June 15th. Stockholders of record on Friday, June 1st were paid a dividend of $0.309 per share. This represents a $1.24 annualized dividend and a dividend yield of 7.14%. The ex-dividend date of this dividend was Thursday, May 31st. This is an increase from NRG Yield Inc Class C’s previous quarterly dividend of $0.30. NRG Yield Inc Class C’s payout ratio is currently 153.09%.
Several brokerages have recently weighed in on NYLD. Zacks Investment Research raised shares of NRG Yield Inc Class C from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 14th. ValuEngine downgraded shares of NRG Yield Inc Class C from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Finally, TheStreet raised shares of NRG Yield Inc Class C from a “d” rating to a “c-” rating in a report on Tuesday, May 15th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. NRG Yield Inc Class C has a consensus rating of “Hold” and a consensus target price of $18.50.
In other news, Director John Chlebowski sold 25,417 shares of NRG Yield Inc Class C stock in a transaction that occurred on Thursday, May 10th. The shares were sold at an average price of $17.81, for a total transaction of $452,676.77. Following the completion of the sale, the director now owns 12,712 shares of the company’s stock, valued at $226,400.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.24% of the company’s stock.
NRG Yield Inc Class C Company Profile
NRG Yield, Inc, through its subsidiaries, acquires, owns, and operates contracted renewable and conventional generation, and thermal infrastructure assets in the United States. As of December 31, 2017, it had contracted renewable and conventional generation portfolio of 5,118 net megawatt (MW). The company also owns thermal infrastructure assets with an aggregate steam and chilled water capacity of 1,319 net MW thermal equivalents, and electric generation capacity of 123 net MW.
Receive News & Ratings for NRG Yield Inc Class C Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NRG Yield Inc Class C and related companies with MarketBeat.com's FREE daily email newsletter.