What's the upside for NRG Energy (NRG) stock?
Their forecasts range from $39.00 to $56.00. On average, they expect NRG Energy's share price to reach $46.83 in the next year. This suggests a possible upside of 14.9% from the stock's current price.
How much does NRG Energy make a year?
NRG Energy has a market capitalization of $9.75 billion and generates $9.09 billion in revenue each year. The utilities provider earns $510 million in net income (profit) each year or $9.97 on an earnings per share basis. How many employees does NRG Energy have?
What does the buyback authorization mean for NRG?
This buyback authorization authorizes the company to repurchase up to 10.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued. What price target have analysts set for NRG?
What does NRG Energy's P/E ratio mean?
The P/E ratio of NRG Energy is 3.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.22. The P/E ratio of NRG Energy is 3.99, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 12.46.
Is NRG stock worth buying?
The financial health and growth prospects of NRG, demonstrate its potential to outperform the market. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.
Will NRG stock go up?
The 9 analysts offering 12-month price forecasts for NRG Energy Inc have a median target of 43.00, with a high estimate of 52.00 and a low estimate of 35.00. The median estimate represents a +19.38% increase from the last price of 36.02.
How does NRG have so much money?
How does NRG Energy make money? NRG Energy makes money in three ways: wholesale electricity sales, providing electricity to home or commercial retail customers, and by owning renewable energy assets with long-term contracts to sell energy to utilities.
Is NRG profitable?
NRG Energy annual revenue for 2021 was $26.989B, a 196.81% increase from 2020. NRG Energy annual revenue for 2020 was $9.093B, a 7.41% decline from 2019. NRG Energy annual revenue for 2019 was $9.821B, a 3.62% increase from 2018....Compare NRG With Other Stocks.NRG Energy Annual Revenue (Millions of US $)2009$8,95212 more rows
Does NRG pay a dividend?
Does NRG pay a common stock dividend? Yes, please click here for the dividends & splits page.
Is NRG a Fortune 500 company?
NRG ranked number 324 on the 2020 Fortune 500 list.
Who is NRG owned by?
On 26 September 2019, the NRG roster was acquired by Evil Geniuses, ending the 4 year CS:GO campaign of the organization.
Is NRG and Reliant the same?
As part of the NRG family of companies, Reliant is continually developing industry-leading energy management tools, electricity plans, security products and home services.
How do you stake NRG?
For staking NRG coins it is recommended to run the official Energi Core wallet with an entire copy of the blockchain on your Computer or a Virtual Private Server (VPS). To get the highest possible rewards, please make sure to stay online 24/7 and keep the wallet unlocked for staking only.
What does NRG do?
NRG Energy, Inc. is a consumer services company, which is engaged in producing and selling energy and related products and services, nationwide in the United States and Canada.
Where can I stake Energi?
How to Stake EnergiOpen your Energi Core Wallet and make sure it is fully synced to the network and encrypted (highly recommended).Confirm your Energi address has a balance of 1 NRG or more (a minimum of 1 NRG within your Energi address is required to use PoS). ... Once your wallet fully synced, navigate to 'Settings.More items...
Who is in NRG esports?
Currently, NRG esports has rosters for Fortnite, CS:GO, Overwatch, Smite, Hearthstone, For Honor, Rocket League, and Vainglory. Current NRG esports players include GBM, Hafu, Sleepy, Adapting, Yammyn, Nairo, Fireburner, Whaazz and Clix.
Who bought Stream Energy?
NRG EnergyStream Energy is a subsidiary of NRG Energy and a retail electricity company. It uses multi-level marketing as its primary sales channel. The company sells electric and gas services in seven states and Washington, D.C....Stream Energy.TypePrivately heldParentNRG EnergyWebsitemystream.com5 more rows
Referenced Symbols
More On MarketWatch
Shares of NRG Energy Inc. NRG, -0.20% charged 3.3% higher in morning trading Monday, after the electric utility announced a $1 billion stock repurchase program, effective immediately. The buyback plan represents about roughly 11% of the company's market capitalization of about $9.24 billion.
About the Author
Barron's: Stocks Defied Those Climbing Bond Yields. Big Tech Went on a Roll—and What Else Happened in the Market Today.
NYSE: NRG
Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter @TomiKilgore.
What happened
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So what
Shares of NRG Energy ( NRG 0.29% ) tumbled by 11.1% on Thursday after the energy solutions company delivered its third-quarter results.
NYSE: NRG
NRG Energy faced several headwinds during the third quarter. Because of that, its revenue only grew slightly year over year despite its recent acquisition of District Energy. Overall, adjusted earnings before taxes, interest, depreciation, and amortization (EBITDA) came in at $767 million, up from $752 million in the year-ago period.
Now what
Because of these factors, NRG Energy cut the top end of its 2021 adjusted EBITDA guidance range by $100 million. It now expects that metric to be between $2.4 billion and $2.5 billion. Meanwhile, NRG also provided its initial guidance for 2022, projecting that adjusted EBITDA will decline to a range of $1.95 billion to $2.25 billion.
Premium Investing Services
NRG noted that supply chain issues impacted its results. Because of that, its near-term focus is on mitigating those impacts.
What is the dividend payout ratio of NRG Energy?
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How many megawatts does NRG own?
NRG Energy does not yet have a strong track record of dividend growth. The dividend payout ratio of NRG Energy is 54.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NRG Energy will have a dividend payout ratio of 20.90% next year.
What is NRG energy?
As of December 31, 2020, it owns power generation portfolio with approximately 23,000 megawatts of capacity at 33 plants. NRG Energy, Inc. was founded in 1989 and is headquartered in Princeton, New Jersey. Read More.
NRG Energy (NRG) to Post Q4 Earnings: What's in the Offing?
NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West. The company is involved in the producing, selling, and delivering electricity and related products and services to 3.6 million residential, industrial, and commercial consumers.
Earnings Preview: NRG Energy (NRG) Q4 Earnings Expected to Decline
NRG Energy's (NRG) fourth-quarter results are likely to reflect the benefits from the increased customer demand and reduction in debt, partly offset by supply-chain constraints.
NRG Energy, Inc. to Report Full Year and Fourth Quarter 2021 Financial Results on February 24, 2022
NRG (NRG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CHRIS ERCOLI NAMED PRESIDENT, CEO, RETAIL ENERGY ADVANCEMENT LEAGUE
HOUSTON, February 10, 2022--NRG Energy, Inc. (NYSE:NRG) plans to report its Full Year and Fourth Quarter 2021 financial results on Thursday, February 24, 2022. Management will present the results during a conference call and webcast at 9:00 a.m. EST (8:00 a.m. CST).
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