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NRG Energy Inc. (NRG) Stock Could Soon Reward Patient Investors

NRG Energy Inc. (NYSE: NRG) is 51.97% higher on its value in year-to-date trading and has touched a low of $35.97 and a high of $87.58 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NRG stock was last observed hovering at around $77.16 in the last trading session, with the day’s gains setting it 1.41%.

Currently trading at $78.57, the stock is -0.95% and -0.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.78 million and changing 1.83% at the moment leaves the stock 33.05% off its SMA200. NRG registered 107.86% gain for a year compared to 6-month gain of 53.19%.

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The stock witnessed a -3.65% loss in the last 1 month and extending the period to 3 months gives it a 7.97%, and is 0.91% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.66% over the week and 3.10% over the month.

NRG Energy Inc. (NRG) has around 18131 employees, a market worth around $16.38B and $28.48B in sales. Current P/E ratio is 10.90 and Fwd P/E is 11.32. Profit margin for the company is 5.54%. Distance from 52-week low is 118.40% and -10.29% from its 52-week high. The company has generated returns on investments over the last 12 months (12.15%).

The EPS is expected to grow by 7.83% this year.

NRG Energy Inc. (NRG) Top Institutional Holders

The shares outstanding are 208.13M, and float is at 203.73M with Short Float at 6.16%.

NRG Energy Inc. (NRG) Insider Activity

The most recent transaction is an insider sale by Patel Rasesh M.,the company’sPresident, NRG Consumer. SEC filings show that Patel Rasesh M. sold 24,546 shares of the company’s common stock on May 17 ’24 at a price of $83.41 per share for a total of $2.05 million. Following the sale, the insider now owns 0.27 million shares.

NRG Energy Inc. disclosed in a document filed with the SEC on Mar 15 ’24 that Killinger Elizabeth R (Exec VP, NRG Home) sold a total of 40,000 shares of the company’s common stock. The trade occurred on Mar 15 ’24 and was made at $63.64 per share for $2.55 million. Following the transaction, the insider now directly holds 0.11 million shares of the NRG stock.

Still, SEC filings show that on Mar 14 ’24, Patel Rasesh M. (Exec VP, Smart Home) disposed off 49,092 shares at an average price of $62.59 for $3.07 million. The insider now directly holds 356,962 shares of NRG Energy Inc. (NRG).

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