NRG Energy, Inc. (NRG)

NYSE: NRG · IEX Real-Time Price · USD
51.70
-0.20 (-0.39%)
Feb 20, 2024, 4:00 PM EST - Market closed
-0.39%
Market Cap 11.67B
Revenue (ttm) 29.87B
Net Income (ttm) -1.82B
Shares Out 225.76M
EPS (ttm) -7.72
PE Ratio n/a
Forward PE 4.98
Dividend $1.63 (3.15%)
Ex-Dividend Date Jan 31, 2024
Volume 2,262,107
Open 51.55
Previous Close 51.90
Day's Range 51.42 - 52.30
52-Week Range 30.25 - 55.36
Beta 1.10
Analysts Buy
Price Target 46.50 (-10.06%)
Earnings Date Feb 28, 2024

About NRG

NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West segments. The company is involved in producing and selling electricity and related products and services to approximately residential, commercial, industrial, and wholesale customers. It generates electricity using natural gas, coal, oil, solar, nuclear, and battery storage. The company also provides system power, distributed generation, renewable products, backup generation, storage and distr... [Read more]

Sector Utilities
IPO Date May 25, 2000
Employees 6,603
Stock Exchange NYSE
Ticker Symbol NRG
Full Company Profile

Financial Performance

In 2022, NRG Energy's revenue was $31.54 billion, an increase of 16.87% compared to the previous year's $26.99 billion. Earnings were $1.22 billion, a decrease of -44.17%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for NRG stock is "Buy." The 12-month stock price forecast is $46.5, which is a decrease of -10.06% from the latest price.

Price Target
$46.5
(-10.06% downside)
Analyst Consensus: Buy
Stock Forecasts

News

NRG Energy, Inc. Announces Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE: NRG) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.4075 per share, or $1.63 per share ...

4 weeks ago - Business Wire

NRG Energy, Inc. to Report Full Year and Fourth Quarter 2023 Financial Results on February 28, 2024

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) plans to report its full year and fourth quarter 2023 financial results on Wednesday, February 28, 2024. Management will present the results durin...

4 weeks ago - Business Wire

Direct Energy Chosen to Serve Boston Community Choice Electricity Program

–     Affordable green energy options advance the city's carbon neutrality goals – BOSTON , Jan. 3, 2024 /PRNewswire/ -- Direct Energy Services, LLC, one of North America's leading providers of retail...

6 weeks ago - PRNewsWire

NRG Energy, Inc. Announces Early Results of its Cash Tender Offers

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) announced today the early results of its previously announced offers to purchase for cash (collectively, the “Tender Offer”) up to $620 million ag...

3 months ago - Business Wire

NRG Energy, Inc. Announces Extension of Early Tender Date and an Increase to the Maximum Tender Amount Relating to its Tender Offers

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) announced today that it has extended the early tender date relating to its previously announced offers to purchase for cash (collectively, the “Te...

3 months ago - Business Wire

NRG Energy CEO Exits. It's No Surprise.

Mauricio Gutierrez, president and CEO of utility NRG, is out a few months after the return of activist investor Elliott Management.

3 months ago - Barrons

NRG Energy CEO Gutierrez leaves company, as activist investor Elliott gets its wish

Shares of NRG Energy Inc. NRG rose 0.9% into record territory in premarket trading Monday, after the energy utility said Chief Executive Officer Mauricio Gutierrez has left the company after being nam...

3 months ago - Market Watch

NRG Energy Announces Leadership Changes

HOUSTON--(BUSINESS WIRE)--NRG announced Lawrence Coben, Ph.D., Chair of the NRG Board of Directors, has been appointed Interim President and Chief Executive Officer.

3 months ago - Business Wire

NRG Energy Celebrates Business Customers During Fourth Annual Excellence in Energy Awards

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE: NRG) honored some of its top energy customers today for their leadership in community, sustainability, and energy efficiency during the fourth annual ...

3 months ago - Business Wire

8 Stocks That Hit the Trifecta: Growth, Value, and Momentum

Upstream oil and gas producers, Charter Communications, and Jabil pass a Barron's stock screen.

3 months ago - Barrons

NRG Energy's stock surges toward a 17-month high after $950 million ASR announced

Shares of NRG Energy Inc. NRG, +2.17% charged up 1.7% toward a 17-month high, after the energy utility announced a $950 million accelerated share repurchase program. That represents about 9.2% of the ...

3 months ago - Market Watch

NRG Energy, Inc. Announces $950 Million Accelerated Share Repurchase

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. announces $950 Million accelerated share repurchase.

3 months ago - Business Wire

NRG Energy misses revenue estimates

NRG Energy on Thursday missed Wall Street estimates for third-quarter revenues and reported lower contributions from its home services business and one of its power plants to its profits.

3 months ago - Reuters

NRG Energy, Inc. Reports Third Quarter Results

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE: NRG) today reported third quarter 2023 Net Income of $343 million. Adjusted EBITDA for the third quarter was $973 million, Cash Provided by Operating ...

3 months ago - Business Wire

NRG Energy's stock surges toward a 1-year high after Guggenheim turns bullish a day before earnings are due

Shares of NRG Energy Inc. NRG charged up 3.9% toward a one-year high in afternoon trading Wednesday, after Guggenheim turned bullish on the independent power producer the day before earnings are sched...

3 months ago - Market Watch

NRG Completes Sale of its Interest in South Texas Project

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE: NRG) announced today its subsidiaries Texas Genco LP LLC and Texas Genco GP LLC have completed the sale of NRG South Texas LP, which owns a 44% intere...

3 months ago - Business Wire

NRG Energy and City of Pittsburgh Extend Collaboration with Wind Power

HOUSTON--(BUSINESS WIRE)--NRG Energy Inc. (NYSE:NRG) is pleased to announce the renewed collaboration between its brand Direct Energy and the Western Pennsylvania Energy Consortium (WPEC), led by the ...

4 months ago - Business Wire

NRG Energy, Inc. to Report Third Quarter 2023 Financial Results on November 2, 2023

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) plans to report its Third Quarter 2023 financial results on Thursday, November 2, 2023. Management will present the results during a conference ca...

4 months ago - Business Wire

NRG Energy, Inc. Announces Pricing of $500.0 Million of Pre-Capitalized Trust Securities to Replace Maturing Pre-Capitalized Trust Securities

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) announced that Alexander Funding Trust II, a newly-formed Delaware statutory trust (the “Trust”), has priced its private offering of pre-capitaliz...

6 months ago - Business Wire

NRG Energy, Inc. Announces Proposed Offering of Pre-Capitalized Trust Securities to Replace Maturing Pre-Capitalized Trust Securities

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) announced a proposed offering of pre-capitalized trust securities redeemable 2028 (the “P-Caps”) by Alexander Funding Trust II, a newly-formed Del...

6 months ago - Business Wire

NRG Energy, Inc. Reports Second Quarter 2023 Results and Reaffirms 2023 Financial Guidance

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE: NRG) today reported second quarter 2023 results. “NRG had a solid second quarter with strong financial results and excellent progress on our strategic...

7 months ago - Business Wire

NRG Energy, Inc. to Report Second Quarter 2023 Financial Results on August 8, 2023

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE: NRG) plans to report its Second Quarter 2023 financial results on Tuesday, August 8, 2023. Management will present the results during a conference cal...

7 months ago - Business Wire

Helmerich & Payne, Inc. Announces the Appointment of New Director

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that Elizabeth Killinger was appointed to the Company's Board of Directors. Killinger is currently Executive Vice Pres...

Other symbols: HP
8 months ago - Business Wire

Activist investor Elliott calls for new CEO at NRG Energy

Activist investor Elliott Investment issued a public letter on Tuesday calling for a new chief executive at utility firm NRG Energy , increasing pressure on incumbent Mauricio Gutierrez.

8 months ago - Reuters