Media coverage about NRG Energy (NYSE:NRG) has been trending somewhat positive on Thursday, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. NRG Energy earned a media sentiment score of 0.83 on their scale. InfoTrie also gave media coverage about the utilities provider an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected NRG Energy’s score:
- NRG Energy Inc (NRG) Given Average Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- NRG Energy (NRG) Misses Q3 Earnings Estimates (finance.yahoo.com)
- NRG Energy -3% after posting sharp Q3 miss, cutting full-year guidance (seekingalpha.com)
- NRG reports loss on sale of renewable energy holdings (chron.com)
- NRG Energy Inc (NRG) Q3 2018 Earnings Conference Call Transcript (fool.com)
Shares of NYSE:NRG traded down $1.41 during trading on Thursday, hitting $36.99. The company’s stock had a trading volume of 8,490,804 shares, compared to its average volume of 4,922,193. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.17 and a current ratio of 1.30. NRG Energy has a fifty-two week low of $23.75 and a fifty-two week high of $38.95. The stock has a market cap of $11.52 billion, a price-to-earnings ratio of 33.94 and a beta of 0.99.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 15th. Investors of record on Thursday, November 1st will be paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.32%. The ex-dividend date is Wednesday, October 31st. NRG Energy’s dividend payout ratio (DPR) is 11.01%.
Several equities analysts recently issued reports on the company. ValuEngine lowered NRG Energy from a “buy” rating to a “hold” rating in a research note on Thursday, November 1st. Zacks Investment Research upgraded NRG Energy from a “sell” rating to a “hold” rating in a research note on Monday, October 22nd. SunTrust Banks boosted their price target on NRG Energy from $35.00 to $36.00 and gave the stock a “hold” rating in a research note on Monday, October 29th. Citigroup cut NRG Energy from a “buy” rating to a “neutral” rating and set a $33.00 price target on the stock. in a research note on Monday, July 30th. Finally, Bank of America cut their price target on NRG Energy from $38.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, July 25th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. NRG Energy currently has a consensus rating of “Buy” and an average target price of $38.17.
In related news, EVP Elizabeth R. Killinger sold 24,600 shares of the business’s stock in a transaction dated Thursday, September 13th. The stock was sold at an average price of $35.84, for a total value of $881,664.00. Following the completion of the sale, the executive vice president now directly owns 106,125 shares of the company’s stock, valued at $3,803,520. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Christopher Moser sold 15,200 shares of the business’s stock in a transaction dated Thursday, September 6th. The shares were sold at an average price of $35.14, for a total value of $534,128.00. Following the completion of the sale, the executive vice president now directly owns 115,650 shares of the company’s stock, valued at $4,063,941. The disclosure for this sale can be found here. In the last quarter, insiders sold 83,775 shares of company stock worth $2,959,754. Insiders own 0.38% of the company’s stock.
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About NRG Energy
NRG Energy, Inc, together with its subsidiaries, operates as an integrated power company in the United States. The company is involved in the generation of electricity using fossil fuel and nuclear sources. The company provides electricity to 2.9 million residential, commercial, and industrial consumers; system power, distributed generation, solar and wind products, backup generation, storage and distributed solar, demand response, energy efficiency, and on-site energy solutions; and carbon management and specialty services.
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