Get the Latest NRG Stock Quote and Expert Insights

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To get the latest NRG stock quote, simply check the current market price on a reliable financial website or platform.

NRG Energy, Inc. is a leading energy company that operates in the United States, with a market capitalization of over $20 billion.

You can also find expert insights on NRG's financial performance, industry trends, and company news on various financial websites and stock analysis platforms.

The company's stock has shown a significant increase in value over the past year, with a growth rate of over 20%.

Financial Data

NRG Energy's financial health is a mixed bag. The company's equity ratio has been steadily increasing over the years, reaching 11.16% in 2023, which is a sign of financial stability.

However, its debt ratio is a major concern, standing at 88.84% in 2023. This means that NRG Energy relies heavily on debt to finance its operations, which can be a risk factor for investors.

Here are some key financial metrics for NRG Energy:

The company's cash-to-debt ratio is a meager 0.1, indicating that it may struggle to pay off its debts. On the other hand, its interest coverage ratio is 1.1, suggesting that it can cover its interest payments with its earnings.

USD Data

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USD Data provides a glimpse into the financial health of companies listed in the stock market. Sales per share have fluctuated over the years, with a high of $134.02 in 2022 and a low of $36.45 in 2020.

The P/E ratio, a measure of a company's stock price relative to its earnings per share, has also varied. In 2022, the basic EPS P/E ratio was 6.15, while the diluted EPS P/E ratio was the same.

Dividend yield, a percentage of the stock's current price that is paid out in dividends, has ranged from 0.30% in 2018 to 2.92% in 2023.

Equity ratio, which represents the proportion of a company's assets that are financed by shareholders, has decreased over the years, from 15.53% in 2021 to 11.16% in 2023. Conversely, debt ratio has increased, from 84.47% in 2021 to 88.84% in 2023.

Here is a summary of the key USD Data:

Insider Actions

Insider Actions reveal interesting trends in a company's leadership and stock activity. Insider actions are transactions made by a company's executives, directors, or other insiders, often involving the buying or selling of their own company's stock.

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A recent example of insider action at NRG Energy Inc. involved Bruce Chung, the company's EVP & CFO, who exercised 72,317 shares on June 7, 2024.

Multiple directors at NRG Energy Inc. received stock grants on June 5, 2024, including Anne C. Schaumburg, Heather CoxDirector, Elisabeth B. Donohue, Antonio Carrillo Rule, Alexandra Garbers Pruner, Matthew Carter, Marwan H. Fawaz, Alexander J. Pourbaix, Paul William Hobby, Kevin T. Howell, E. Spencer Abraham, and Marcie C. Zlotnik.

Rasesh Patel, President of NRG Consumer, sold 266,064 shares on May 21, 2024, for $22,192,398.24.

Other executives at NRG Energy Inc. also received stock grants on May 6, 2024, including Lawrence Stephen Coben, Robert J. Gaudette, Brian E. Curci, and Gerald Alfred Spencer.

Here are the details of the stock grants received by NRG Energy Inc.'s directors on June 5, 2024:

Company Information

NRG Energy's topline declined in the third quarter due to weak Texas prices.

The company's margins are expected to improve beyond 2024, supporting future growth.

Strong demand and growth in other regions should help NRG Energy bounce back from the decline in the third quarter.

This is a promising sign for investors, as it suggests the company's financials will continue to improve in the coming years.

Company Overview:

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NRG Energy's business is supported by strong demand in regions outside of Texas, which should drive future growth.

The company's topline declined in the third quarter due to weak Texas prices, but this is expected to be a temporary setback.

NRG Energy offers investors exposure to the rapidly growing Texas market, making it an attractive investment opportunity.

Despite missing earnings estimates in the third quarter, NRG's raised guidance suggests that the company is on track to improve its margins beyond 2024.

The company's geographic diversification is a key benefit, as it reduces reliance on any one market and provides a more stable foundation for growth.

Management

The management team at NRG Energy is a diverse and experienced group of leaders. Lawrence Stephen Coben serves as the Chairman, President & Chief Executive Officer.

Gerald Alfred Spencer is responsible for overseeing the company's financial reporting and accounting practices as Chief Accounting Officer & Senior Vice President. He plays a crucial role in ensuring the accuracy and transparency of NRG Energy's financial statements.

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Michael R. Bramnick has been appointed as the Chief Compliance Officer & SVP-Administration, where he is responsible for developing and implementing policies to ensure the company's compliance with regulatory requirements.

The company's leadership team also includes Bruce Chung, who serves as the Chief Financial Officer & Executive Vice President, overseeing the company's financial planning and strategy.

Lynda Clemmons is the Chief Sustainability Officer, responsible for developing and implementing sustainability initiatives that promote environmental stewardship and social responsibility.

NRG Energy's management team also includes several independent directors, who provide oversight and guidance to the company's leadership. Some of the independent directors include Elisabeth B. Donohue, Matthew Carter, and E. Spencer Abraham.

Here is a list of the company's leadership team:

  • Lawrence Stephen Coben - Chairman, President & Chief Executive Officer
  • Gerald Alfred Spencer - Chief Accounting Officer & Senior Vice President
  • Michael R. Bramnick - Chief Compliance Officer & SVP-Administration
  • Bruce Chung - Chief Financial Officer & Executive Vice President
  • Lynda Clemmons - Chief Sustainability Officer
  • Elisabeth B. Donohue - Independent Director
  • Matthew Carter - Independent Director
  • E. Spencer Abraham - Independent Director

Other key members of the leadership team include Rasesh Patel, who serves as the President-NRG Consumer, and Kevin L. Cole, who is responsible for overseeing the company's investor relations and treasury functions as SVP-Treasurer & Investor Relations.

Renew Home and Google Cloud Partner

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NRG Energy Inc. has partnered with Renew Home, a leading virtual power plant company, to boost its residential VPP capabilities.

Together, they aim to enhance NRG's virtual power plant capabilities.

Frequently Asked Questions

Is NRG a good stock to buy now?

NRG Energy stock has a consensus "buy" rating, indicating a positive outlook from analysts. Consider learning more about NRG's current market trends and financials before making an investment decision.

Is NRG a publicly traded company?

Yes, NRG Energy is a publicly traded company, listed on the New York Stock Exchange under the symbol "NRG". Its common stock is available for public purchase and trading.

Is NRG Energy in debt?

Yes, NRG Energy has significant debt, with a debt-to-equity ratio of 424.6%, indicating a substantial amount of borrowing compared to shareholder equity. This raises questions about the company's financial health and ability to manage its debt obligations.

What is the stock price forecast for NRG in 2024?

The forecasted stock price for NRG in 2024 ranges from $65.00 to $140.00, with an average target representing a 10.64% potential increase from its current price. This forecast suggests a possible upside for NRG investors in the coming year.

Sheldon Kuphal

Writer

Sheldon Kuphal is a seasoned writer with a keen insight into the world of high net worth individuals and their financial endeavors. With a strong background in researching and analyzing complex financial topics, Sheldon has established himself as a trusted voice in the industry. His areas of expertise include Family Offices, Investment Management, and Private Wealth Management, where he has written extensively on the latest trends, strategies, and best practices.

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