NRG Energy Inc (NYSE: NRG) is -3.30% lower on its value in year-to-date trading and has touched a low of $65.11 and a high of $117.26 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NRG stock was last observed hovering at around $83.61 in the last trading session, with the day’s gains setting it 3.63%.
Currently trading at $87.24, the stock is -8.68% and -12.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.79 million and changing 4.34% at the moment leaves the stock -3.67% off its SMA200. NRG registered 23.39% gain for a year compared to 6-month loss of -7.24%. The firm has a 50-day simple moving average (SMA 50) of $99.8322 and a 200-day simple moving average (SMA200) of $90.5645.
The stock witnessed a -0.96% gain in the last 1 month and extending the period to 3 months gives it a -11.43%, and is -8.61% down 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 8.84% over the week and 5.17% over the month.
NRG Energy Inc (NRG) has around 15637 employees, a market worth around $17.77B and $28.10B in sales. Current P/E ratio is 17.28 and Fwd P/E is 10.71. Profit margin for the company is 3.77%. Distance from 52-week low is 33.99% and -25.60% from its 52-week high. The company has generated returns on investments over the last 12 months (8.53%).
with sales reaching $8.28B over the same period.The EPS is expected to grow by 9.05% this year, but quarterly earnings will post 13.42% year-over-year. Quarterly sales are estimated to grow 11.42% in year-over-year returns.
NRG Energy Inc (NRG) Top Institutional Holders
1148.0 institutions hold shares in NRG Energy Inc (NRG), with institutional investors hold 98.86% of the company’s shares. The shares outstanding are 203.67M, and float is at 199.61M with Short Float at 3.73%. Institutions hold 96.02% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 27.36 million shares valued at $2.13 billion. The investor’s holdings represent 13.0917% of the NRG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.35 million shares valued at $1.51 billion to account for 9.3039 of the shares outstanding. The other top investors are FRANKLIN RESOURCES INC which holds 11.93 million shares representing 5.7376% and valued at over $929.2 million, while STATE STREET CORP holds 5.0499 of the shares totaling 10.5 million with a market value of $817.83 million.
NRG Energy Inc (NRG) Insider Activity
The most recent transaction is an insider sale by Chung Bruce, the company’s EVP & CFO. SEC filings show that Chung Bruce sold 20,000 shares of the company’s common stock on Jan 13 ’25 at a price of $97.63 per share for a total of $1.95 million. Following the sale, the insider now owns 69454.0 shares.
Still, SEC filings show that on Jan 02 ’25, Gaudette Robert J (Exec VP, NRG Business) disposed off 60,000 shares at an average price of $91.41 for $5.48 million. The insider now directly holds 64,448 shares of NRG Energy Inc (NRG).
