NRG Energy, Inc. (NYSE:NRG) stock is presently standing at about $17.33 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 14 analysts covering the company is $20.00, which suggests the stock could still rise over 13 percent. The highest analyst price target is $29.00, which implies a rally of 33 percent. And a quick view of analyst notes show that 5 are rating the stock a buy while 4 rate NRG a strong buy. There are 5 equity research firms advocating a Hold and 0 consider it Sell.
Citigroup analysts provided their view on NRG Energy, Inc. (NYSE:NRG) recently. The rating firm issued a Buy rating to this company in a research note released on Feb 24, 2017. BofA/Merrill analysts disclosed their opinion on NRG Energy, Inc. (NYSE:NRG) recently. The rating firm gave a Neutral rating to this stock in a research note published on Nov 22, 2016. According to a research note disclosed on Nov 14, 2016, analysts at UBS have upped their rating on these shares from Sell to Neutral.
NRG Energy, Inc. (NYSE:NRG) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its Director Smitherman Barry T Purchased 11,750 company shares for 197520, in a transaction on 2017-03-02. Following the transaction, the Director is left with a stake of 19,213 shares, currently valued at $332961. Meanwhile, President & Chief Exec Officer Gutierrez Mauricio purchased 4,332 shares worth $82090, through a transaction dated 2016-08-16. Following the completion of the transaction, the insider is left with a stake of 313,608 shares, amounting $5434826.64. NRG EVP & CFO Andrews Kirkland B also purchased 6,734 shares, at a stock price of $18.83. This transaction occurred on 2016-08-16 totals $126800. After this transaction, the insider’s stake stands at 200,403 shares, with a market value of $3472984.
Executives hold 1.23 percent of the stock. David W. Crane is one of the biggest insider owners in NRG Energy, Inc. (NYSE:NRG), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 1,115,162 shares which have current market value of around $19325757.46.Mauricio Gutierrez is another major inside shareholder in the company. The insider owns 455,269 shares as of 0.14%, currently worth $7889811.77. Mr. Kirkland B. Andrews is ranked as third insider holder of the stock. This insider holds 236,333 shares with a market value around $4095650.89 as of recent close.
NRG Energy, Inc. (NYSE:NRG) Earnings Outlook
In NRG Energy, Inc. (NYSE:NRG)’s latest quarter, EPS moved to $-0.16 from $0.64 in preceding quarter and revenues reached at $2,532.00M compared to $3,952.00M. Analysts had expected NRG Energy, Inc. (NYSE:NRG) to post net income of about $-0.29 per share on $3,528.94M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $-0.85 to $0.41. That is compared with the $0.24 in EPS it reported during the same period a year ago.