|Bid||34.57 x 3200|
|Ask||34.66 x 1400|
|Day's Range||34.27 - 35.02|
|52 Week Range||29.90 - 43.66|
|Beta (3Y Monthly)||0.53|
|PE Ratio (TTM)||22.00|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||0.12 (0.35%)|
|1y Target Est||47.09|
Analysts seem to be positive on NRG Energy (NRG) stock. The stock offers a handsome upside potential of more than 37% for the next 12 months. NRG Energy has a target price of $47.4.
While many utility stocks are trading close to their peaks, NRG Energy (NRG) stock has fallen more than 20% from its 52-week high since its first-quarter earnings. The stock might witness more weakness in the short term.
The funds have been struggling to outperform, and have been bleeding billions of dollars in assets, thanks to their value-stock tilt.
Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 12.1% in 2019 (through May 30th). Conversely, hedge […]
NRG Energy, Inc. (NRG) announced that on June 6, 2019 it completed the redemption of all of its outstanding 6.25% Senior Notes due 2024 (the “2024 Notes”) in the aggregate principal amount of $140,102,000. The redemption price for the redeemed 2024 Notes was an amount equal to 103.125% of the principal amount of the redeemed 2024 Notes, plus accrued and unpaid interest on such 2024 Notes to the date of redemption.
The Zacks Analyst Blog Highlights: NRG Energy, Middlesex Water, NexPoint Residential Trust, ONE Gas and Outfront Media
NRG Energy Inc. (NYSE: NRG), which has dual headquarters in Houston and New Jersey, will buy Dallas-based Stream Energy’s retail electricity and natural gas business for $300 million plus working capital. The all-cash deal will grow the company’s market share in Texas and other states. Stream serves more than 600,000 residential customer equivalents in nine states and Washington, D.C. A residential customer equivalent is an industry term for the typical yearly consumption by a single-family residential customer, with one RCE representing 1,000 therms of natural gas or 10,000 kWh of electricity, the release explains.
Southern Company's (SO) strategic strides, splendid earnings surprise record and impressive dividend payouts have been fueling the stock of late.
NRG Energy plans to buy the retail electric and natural gas business of Dallas-based Stream Energy for $300 million. The company announced the cash deal on Monday. The proposed acquisition of Stream Energy ...
NRG Energy, Inc. (NRG) has priced its offering of $600.0 million in aggregate principal amount of 3.750% senior secured first lien notes due 2024 at a price to the public of 99.971% of their face value (the “2024 Notes”) and $500.0 million in aggregate principal amount of 4.450% senior secured first lien notes due 2029 at a price to the public of 99.869% of their face value (the “2029 Notes” and, together with the 2024 Notes, the “Notes”). The Notes will be guaranteed on a first-priority basis by each of NRG’s current and future subsidiaries that guarantee indebtedness under its credit agreement. The Notes will be secured by a first priority security interest in the same collateral that is pledged for the benefit of the lenders under NRG’s credit agreement, which consists of a substantial portion of the property and assets owned by NRG and the guarantors.
In recent months, Gutierrez said the company was modeling its power generation portfolio based on what its retail customers want, echoing statements he made just a few months earlier.
The all-cash transaction will "increase our national retail leadership position," NRG CEO Mauricio Gutierrez said.
NRG Energy, Inc. (NRG) intends to commence an offering of senior secured first lien notes, consisting of senior secured first lien notes due 2024 and senior secured first lien notes due 2029 (collectively, the “Notes”). The Notes will be guaranteed on a first-priority basis by each of NRG’s current and future subsidiaries that guarantee indebtedness under its credit agreement. The Notes will be secured by a first priority security interest in the same collateral that is pledged for the benefit of the lenders under NRG’s credit agreement, which consists of a substantial portion of the property and assets owned by NRG and the guarantors.
David Tepper (Trades, Portfolio)'s Appaloosa Management sold shares of the following stocks during the first quarter. The investor exited his Atlantica Yield PLC (AY) stake. Warning! GuruFocus has detected 7 Warning Signs with AY.
NRG Energy Stock Remains Weak, Trades in the Oversold Zone(Continued from Prior Part)Analysts’ recommendationsNRG Energy (NRG) stock offers a robust upside potential of more than 30% for the next 12 months. Based on analysts’ consensus estimate,
NRG Energy Stock Remains Weak, Trades in the Oversold ZoneStock down ~20% from its 52-week highMerchant power stock NRG Energy (NRG) has been on a falling spree recently and has fallen almost 12% so far this month. The Utilities Select Sector SPDR