Somewhat Positive Media Coverage Somewhat Unlikely to Affect NRG Energy (NRG) Stock Price

Media coverage about NRG Energy (NYSE:NRG) has trended somewhat positive recently, according to Accern. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. NRG Energy earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 46.6100202295759 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the media headlines that may have impacted Accern’s scoring:

• NRG Energy, Inc. (NRG) Upgraded to “Buy” by BidaskClub (americanbankingnews.com)
• NRG Energy, Inc. (NRG) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
• Aug 14, 2017 – Permian Investment Partners, LP Buys Tractor … – GuruFocus.com (gurufocus.com)
• NRG’s Potential Renewable Sale Draws Seven Suitors (power-eng.com)
• Nrg Energy Shares Up 56.0% Since SmarTrend’s Buy Recommendation (NRG) (mysmartrend.com)

Shares of NRG Energy (NYSE NRG) traded up 0.79% during midday trading on Wednesday, reaching $25.67. 3,725,829 shares of the company traded hands. The stock’s market capitalization is $8.12 billion. NRG Energy has a 1-year low of $9.84 and a 1-year high of $25.94. The stock’s 50-day moving average is $22.33 and its 200-day moving average is $18.33. NRG Energy also was the recipient of unusually large options trading on Monday. Traders bought 9,333 call options on the company. This represents an increase of approximately 583% compared to the typical volume of 1,366 call options.

NRG Energy (NYSE:NRG) last posted its quarterly earnings data on Thursday, August 3rd. The utilities provider reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.31. The firm had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $3.19 billion. NRG Energy had a positive return on equity of 12.38% and a negative net margin of 10.67%. The firm’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.61) EPS. Equities analysts predict that NRG Energy will post $0.59 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Investors of record on Tuesday, August 1st were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date was Friday, July 28th. NRG Energy’s dividend payout ratio is presently -2.75%.

Several equities analysts have recently weighed in on NRG shares. Williams Capital started coverage on shares of NRG Energy in a report on Thursday, June 1st. They set a “buy” rating and a $20.00 target price for the company. ValuEngine lowered shares of NRG Energy from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. BidaskClub raised shares of NRG Energy from a “hold” rating to a “buy” rating in a report on Tuesday, June 27th. Zacks Investment Research lowered shares of NRG Energy from a “buy” rating to a “hold” rating in a report on Tuesday, April 25th. Finally, Barclays PLC reaffirmed an “overweight” rating and set a $27.00 target price on shares of NRG Energy in a report on Thursday, July 13th. They noted that the move was a valuation call. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $21.13.

About NRG Energy

NRG Energy, Inc (NRG) is an integrated power company. The Company is engaged in producing, selling and delivering electricity and related products and services in various markets in the United States. The Company’s segments include Generation, Retail, Renewables, NRG Yield, Inc (NRG Yield) and Corporate activities.