Are Things Looking Up For NRG Energy Inc. (NYSE: NRG)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted NRG Energy, Inc. Reports Full Year 2023 Financial Results.

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Stocks Info

The company is listed on the NYSE and operates within the Utilities – Independent Power Producers industry segment. The current market capitalization of NRG Energy Inc. is $13.97B. A total of 2.18 million shares were traded on the day, compared to an average of 3.57M shares.

In the most recent transaction, Killinger Elizabeth R sold 40,000 shares of NRG for 63.64 per share on Mar 15 ’24. After the transaction, the Exec VP, NRG Home now owns 107,123 company shares. In a previous transaction on Mar 14 ’24, Patel Rasesh M. sold 49,092 shares at 62.59 per share. NRG shares that Exec VP, Smart Home owns now total 356,962.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. NRG’s most recent ex-dividend date was 1/31/2024 when it declared a $0.4075 quarterly dividend that was paid in cash on 2/15/2024. Previously, the company paid the dividend on 11/15/2023 with an ex-dividend date of 10/31/2023. The NRG stock dividend was $0.3775 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, NRG has a high of $67.96 and a low of $30.50.

As of this writing, NRG has an earnings estimate of $1.12 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $1.84 per share and a lower estimate of $0.41. The company reported an EPS of $1.41 in the last quarter, which was -65.10% lower than expectations of $4.04.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NRG’s latest balance sheet shows that the firm has $250.00M in Cash & Short Term Investments as of fiscal 2021. There were $8.29B in debt and $7.92B in liabilities at the time. Its Book Value Per Share was $10.84, while its Total Shareholder’s Equity was $3.60B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NRG is Buy with a score of 4.11.

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