NRG Energy Inc. (NRG): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

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Stocks Info

This NYSE-listed company operates within the Utilities – Independent Power Producers industry segment, falling under the Utilities sector. The current market capitalization of NRG Energy Inc. is $18.06B. A total of 3.08 million shares were traded on the day, compared to an average of 2.71M shares.

In the most recent transaction, Patel Rasesh M. sold 102,603 shares of NRG for 80.35 per share on Sep 13 ’24. After the transaction, the President, NRG Consumer now owns 163,680 company shares. In a previous transaction on May 17 ’24, Patel Rasesh M. sold 24,546 shares at 83.41 per share. NRG shares that President, NRG Consumer owns now total 266,064.

Among the insiders who sold shares, Patel Rasesh M. disposed of 49,092 shares on Mar 14 ’24 at a per-share price of $62.59. This resulted in the Exec VP, Smart Home holding 356,962 shares of NRG after the transaction. In another insider transaction, Killinger Elizabeth R sold 40,000 shares at $63.64 per share on Mar 15 ’24. Company shares held by the Exec VP, NRG Home now total 107,123.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. NRG Energy Inc. pays an annual dividend of $1.60, resulting in a dividend yield of 1.83%, and it has a price to earnings (P/E) ratio of 9.39. NRG’s most recent ex-dividend date was 11/1/2024 when it declared a $0.4075 quarterly dividend that was paid in cash on 11/15/2024. Previously, the company paid the dividend on 8/15/2024 with an ex-dividend date of 8/1/2024. The NRG stock dividend was $0.4075 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, NRG has a high of $96.40 and a low of $41.49.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $14.33, while its Total Shareholder’s Equity was $3.60B.

Analysts Opinion

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. 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 3.89.

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