|Bid||0.00 x 800|
|Ask||0.00 x 3200|
|Day's Range||42.19 - 42.97|
|52 Week Range||23.75 - 43.08|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 27, 2019 - Mar 4, 2019|
|Forward Dividend & Yield||0.12 (0.28%)|
|1y Target Est||44.15|
Analysts have given NRG Energy (NRG) stock a median target price of $43.65, which implies an upside potential of 3.4% from its current price of $42.2 over the next 12 months.
NRG Energy (NRG) stock is trading at $42.2, which is close to its 52-week high. NRG Energy is ~11% and 24% above its 50-day and 200-day moving average levels, respectively. The large premium to these support levels indicates strength in the stock. Currently, the stock is trading in the overbought zone with its RSI (relative strength index) at 80. The RSI takes values between zero and 100. Values at extremes suggest an impending reversal in the stock’s direction.
In this part, we’ll discuss the top-rallied utilities’ total returns. We’ll see whether the utilities delivered consistent returns in the last few years. NRG Energy (NRG) has returned 47% in 2018. In the last five years, NRG Energy has returned 9% compounded annually. AES (AES) has returned 51% in 2018 and 5.3% compounded annually in the last five years.
NRG Energy (NRG), despite being the smallest-yielding utility stock, outperformed broader utilities in the past few years. Significant sequential earnings growth and being in line with its transformation plan has driven NRG Energy’s rally in 2018. The transformation plan was introduced by activist shareholders in NRG Energy last year.
Highlighted as Zacks Bull and Bear of the Day BioTelemetry, Papa John's, Twitter and NRG Energy
At one point during Wednesday trading hours, shares of Twitter (TWTR) were up more than 6%, bringing the social media company's month-to-date gains up to 17% and giving it the strongest December rally of any stock in the S&P 500.
New Age Beverages (NASDAQ:NBEV) gained nearly 8% during Tuesday’s action and added more than 3% more in after-hours trading after catching a cannabis tailwind. There just weren’t enough stocks like New Age Beverages yesterday to keep the market in the black though. Stock charts of Wells Fargo (NYSE:WFC), NRG Energy (NYSE:NRG) and Zoetis (NYSE:ZTS) are among the best of those possibilities heading into hump-day.
Twitter is trading at the highest levels since July, when the San Francisco-based company’s forecast for user declines sent the shares tumbling. Twitter’s efforts to purge fake accounts should lead to higher usage and make it more attractive to advertisers, Guggenheim analyst Michael Morris said last week when he initiated coverage with a buy rating.
The recent strength in utilities has pushed them into the “overbought” zone. The Utilities Select Sector SPDR ETF (XLU) has its RSI (relative strength index) at 78. RSI levels at extremes indicate an impending reversal in the stock’s direction. Among the top utility stocks, Duke Energy (DUK), American Electric Power (AEP), and Exelon (EXC) are trading in the “overbought” zone with their RSIs above 70.
“October lived up to its scary reputation—the S&P 500 falling in the month by the largest amount in the last 40 years, the only worse Octobers being ’08 and the Crash of ’87. For perspective, there have been only 5 occasions in those 40 years when the S&P 500 declined by greater than 20% from […]
Moody's Investors Service ("Moody's") today upgraded NRG Energy, Inc.'s (NRG) corporate family rating to Ba2 from Ba3 and its senior unsecured rating to Ba3 from B1. At the same time, we affirmed ...
The Environmental Protection Agency on Thursday proposed easing Obama-era limits on carbon dioxide emissions from new and modified coal power plants, including a change that would remove a de facto requirement to use expensive carbon-capture technology at the sites. The proposal “would rescind excessive burdens on America’s energy providers and level the playing field so that new energy technologies can be part of America’s future,” acting Administrator Andrew Wheeler told energy lobbyists, free-market advocates, and others gathered at the EPA for the announcement. The carbon-capture requirement EPA is proposing to eliminate is one obstacle to building coal power plants, though economic and market realities have created much higher hurdles that analysts say will endure no matter what the Trump administration does.
In 2015 Mauricio Gutierrez was appointed CEO of NRG Energy Inc (NYSE:NRG). This analysis aims first to contrast CEO compensation with other large companies. Next, we'll consider growth that the Read More...
Eighty-nine percent of U.S. residents support having the ability to choose their electric service provider, according to a study released today by NRG and Quadrant Strategies. The data show that electric service provider choice makes Americans happy.
Utilities felt the brunt of the broader market turmoil last week, but were relatively better. The Utilities Select Sector SPDR ETF (XLU), which represents top utility stocks, fell 1.4%, while the S&P 500 fell ~4% during the week ending November 23. The ten-year Treasury yields closed at 3.04% last week. Treasury yields and utilities tend to trade inversely to each other.
“After rightsizing, we’re now entering into a phase where we want to grow our retail business,” CEO Mauricio Gutierrez said. “And to the extent that we grow retail, we’re going to grow generation.”
What if one of the largest U.S. coal-burning utilities became a leader in green energy? When David W. Crane was chief executive of NRG Energy, he pursued that vision, pushing the company to transform itself by investing in solar power and electric vehicle charging networks. Crane, 59, is dedicating his career to advising and investing in clean energy, working for investment firm Pegasus Capital and serving as a member of the B Team, an executive council dedicated to changing business practices to improve the environment and society.
AES (AES), one of the smallest elements of the Utilities ETF (XLU), has rallied 43% in 2018. Analysts expect a potential upside of 1.7% in AES for the next 12 months. Among the ten analysts tracking AES, four recommended a “buy” for the stock, while five recommended a “hold.” One analyst has recommended a “sell” as of November 19.
Merchant power stock NRG Energy (NRG) has rallied considerably among utilities this year. It’s up approximately 30% so far. Let’s see how institutional investors dealt with NRG in the third quarter. The Vanguard Group, the biggest institutional investor, marginally reduced its position in NRG during the third quarter. As of September 30, The Vanguard Group held a 12.5% stake.
Utilities continued to trade strong and outperformed broader markets last week. The representative of the S&P 500 Utilities Index, the Utilities Select Sector SPDR ETF (XLU) rose 3.2%, while the S&P 500 gained more than 2% for the week ending November 9. Investors turned to relatively safer utilities amid broader market volatility. So far in 2018, utilities at large have risen more than 5%—marginally above broader markets.
Activist investor John Wilder left NRG Inc.’s (NYSE: NRG) board of directors Nov. 8, opting not to name a replacement representative. NRG’s agreement with Wilder’s company, Dallas-based Bluescape Energy Partners LLC, is still in effect until the end of the year, according to an NRG spokesman. NRG is a power company based in Houston and Princeton, New Jersey. Bluescape still holds a little more than 9 million shares of NRG stock, according to a filing with the U.S. Securities and Exchange Commission. Wilder is happy with the direction of the company and will remain a long-term shareholder, he said in an NRG press release.