|Bid||38.94 x 800|
|Ask||43.69 x 2200|
|Day's Range||42.49 - 43.66|
|52 Week Range||29.79 - 43.66|
|Beta (3Y Monthly)||0.50|
|PE Ratio (TTM)||49.01|
|Earnings Date||May 1, 2019 - May 6, 2019|
|Forward Dividend & Yield||0.12 (0.28%)|
|1y Target Est||46.55|
Total compensation for NRG Energy Inc.’s (NYSE: NRG) top executive held mostly steady compared to the company’s median employee compensation in 2018, according to a document filed with the U.S. Securities and Exchange Commission on March 13. NRG, which has dual headquarters in Houston and New Jersey, paid CEO Mauricio Gutierrez $8.91 million in 2018, about 77 times the $115,122 it paid its median employee, according to the SEC document, a proxy statement giving information ahead of the company’s annual shareholder meeting. NRG said in the proxy that it needs to make sure its executive compensation program is consistent and equitable in order to motivate employees.
What Led to AES’s Rally and Where It Could Go From Here(Continued from Prior Part)Analysts’ price targetsAnalysts’ average price target of $17.83 for AES (AES) implies a ~2% downside over the next year based on its current price of $18.15.
What Led to AES’s Rally and Where It Could Go From Here(Continued from Prior Part)Valuation AES’s (AES) forward PE multiple is 13.3x, lower than its historical average and utilities’ average of 17x–18x. However, based on analysts’
What Led to AES’s Rally and Where It Could Go From Here(Continued from Prior Part)Debt profileAES’s (AES) high debt could concern some investors. At the end of last year, AES had ~$18 billion in total debt and a “BB+” credit rating, just
What Led to AES’s Rally and Where It Could Go From HereAES stays strong AES (AES), one of the top gainers among utilities last year, has continued its upward march. This year, AES stock has risen more than 25%, significantly outperforming broader
Utilities: Leaders and Laggards Last Week(Continued from Prior Part)Implied volatilityOn March 15, the Utilities Select Sector SPDR (XLU) had an implied volatility of 10.5%—lower than its 15-day average. In comparison, SPY’s implied volatility
"Our generation now is supporting our retail business,” CEO Mauricio Gutierrez said. “I think that’s how you need to think about the evolution.”
Despite the sharp year-to-date rally in the broader U.S. stock market, some stocks are looking very healthy still for a continued push higher. I am noticing bullish continuation patterns in many areas of the energy sector (and parts of technology). Within energy, NRG Energy (NYSE:NRG) has been in consolidation mode now for over one month and NRG stock looks ripe to break higher for bullish trades.Source: urban.houstonianOne of my main criteria for valid trade entries, and thus an integral part of the analysis process, is the need for a stock's sector or group to be trending in the same direction as the stock itself. The energy sector of the S&P 500 has trade in line (bullish) with the broader market so far this year but may soon start to outperform.NRG stock has been outperforming the energy sector as a whole for two years now, however. This absolute strength in the energy sector coupled with relative strength in the stock makes NRG stock a good one to look at for a bullish breakout trading opportunity, by my work.InvestorPlace - Stock Market News, Stock Advice & Trading Tips NRG Stock Charts Click to EnlargeMoving averages legend: red - 200 week, blue - 100 week, yellow - 50 weekOn the multiyear weekly chart, we see that NRG stock, after a big rally off the 2016 lows, worked its way back higher toward the previous all-time highs from 2007. While the ascent over this time has been steep in its angle, it has also been orderly; all along the stock had healthy pauses that allowed it to refresh and ultimately resume higher. Furthermore, note that the stock has held above its yellow 50-week simple moving average. * The 10 Best Stocks to Buy for the Bull Market's Anniversary Lastly, at the bottom of the chart the blue line denotes the relative strength that the stock continues to show versus the energy sector as a whole. None of this is bearish. Click to EnlargeMoving averages legend: red - 200 day, blue - 100 day, yellow - 50 dayOn the daily chart, we can see that the stock in late December 2018 briefly dipped below its yellow 50-day moving average but found support at the blue 100-day moving average. For most of 2019, the stock is once again holding above the 50-day. After finding resistance in early February, the stock slipped into its most recent sideways consolidation pattern but on Tuesday rallied nicely to the very upper end of resistance in a move that now looks like it could finally lift the stock higher past technical resistance near the $43 area.Active investors and traders could look to buy NRG stock around the $43 area with a first upside target at $45 while any strong one day bearish reversal would be a stop loss trigger.Alternatively and for a much-higher-probability way to express a bullish view on NRG stock using this setup, one could look toward one specific options strategy. I am holding a special webinar for InvestorPlace readers on Wednesday to showcase this strategy in detail. Register HERE.Special free webinar: High probability options selling for monthly income. Register HERE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy Under 15x Earnings * 7 Dark Horse Stocks That Deserve Your Attention in 2019 * 5 Disruptive Technologies That Are Moving Too Fast Compare Brokers The post Trade of the Day: NRG Energy Is Good for a Breakout Bull Move appeared first on InvestorPlace.
Looking at NRG Energy, Inc.'s (NYSE:NRG) earnings update on 31 December 2018, analysts seem extremely confident, with a bottom line expansion of more than 100% in the upcoming year, againstRead More...
How Utilities Performed Last Week(Continued from Prior Part)ValuationIn this part, let’s take a look at valuations of utility stocks. AES (AES) stock is trading at a forward PE ratio of 13.0x based on analysts’ earnings estimates. Utilities
How's FirstEnergy Stock Placed Compared to Its Peers?(Continued from Prior Part)Implied volatilityOn March 5, FirstEnergy (FE) stock had an implied volatility of 15%, which is close to its 15-day average volatility. In comparison, the Utilities
FirstEnergy' (FE) unit receives approval from Maryland Public Service Commission to initiate installation of Electric Vehicle charging stations.
Top U.S. pension funds are asking electric utilities to accelerate efforts to cut carbon emissions but will not force the issue with proxy resolutions this spring, hoping market shifts and falling prices for renewable energy have already made executives and directors receptive to the goal. Investors including New York City Comptroller Scott Stringer, who oversees retirement funds, and leaders of the California Public Employees' Retirement System are asking the 20 largest publicly traded electric generators in the United States for detailed plans for achieving carbon-free electricity by 2050 at the latest, according to material seen by Reuters. Stringer termed decarbonization a "financial necessity" in a statement sent by a spokeswoman.
The Zacks Analyst Blog Highlights: NRG Energy, Northwest Natural, NextEra Energy, Spark Energy and American Water Works
NRG Energy: What to Expect after Its Q4 EarningsNRG Energy’s earningsNRG Energy (NRG) reported its fiscal 2018 earnings on February 28. The company reported an EPS of $0.87 in 2018, which missed the consensus estimates. NRG Energy reported a loss
PRINCETON, N.J.-- -- Closed on all previously announced asset sales, including South Central and Carlsbad in February 2019 for $1.4 billion 1 Completed $1.5 billion in share repurchases Announcing additional $1 billion share repurchase authorization Announcing up to $600 million reserved to achieve investment grade metrics NRG Energy, Inc. today reported full year 2018 income from continuing operations ...
Utilities are a safe bet during times of market turmoil, as they are relatively stable due to the essential nature of the products they offer.
Three Texas solar farms powering Houston-based foodservice distributor Sysco Corp. (NYSE: SYY) have entered service, bringing 25 megawatts to the Texas power grid. The system is supported by two 10-year deals by Houston- and Princeton, New Jersey-based NRG Energy Inc.
Analyzing NRG Energy before Its Q4 Earnings(Continued from Prior Part)NRG Energy Wall Street analysts have given NRG Energy (NRG) stock a median target price of $45.5, which suggests an upside potential of 7% from its current price of $42.5 over