The company has grown 4.16% in past 3 months and in the last five trades has moved down -4.89%. ABR value is precisely based on brokerage recommendations, where out of 5 brokerage recommendations 3 rate NRG Energy Inc (NYSE:NRG) stock a Strong Buy, 0 rate the stocks of the company a Buy, 2 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $14.67 on company shares. Finally, Citigroup Inc upgraded shares of NRG Energy from a "neutral" rating to a "buy" rating and set a $20.00 price objective on the stock in a research report on Friday, February 24th. Zacks Investment Research lowered NRG Energy from a "buy" rating to a "hold" rating in a research note on Tuesday, April 25th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. The company presently has an average rating of "Buy" and an average price target of $20.50.
Cenovus Energy Inc (CVE) reported earning per shares for the quarter ending April 26 BMO at -0.04, whereas, 10 number of analysts estimated the mean EPS at 0.
The counter witnessed a trading volume of 0.93 million shares versus an average volume of 2 million shares during last trading session. The stock has a market capitalization of $5.27B along with 316.08M outstanding shares. The stock carved out a 52-week low down at $9.84.
The company's price sits -2.10% below from its 50-day moving average of $16.68 and 18.71% far from the stock's 200-day moving average which is $15.30.
NRG Energy (NYSE:NRG) last released its quarterly earnings results on Tuesday, May 2nd. The utilities provider reported ($0.52) earnings per share for the quarter, missing the consensus estimate of ($0.41) by $0.11. RBC Capital Markets maintained NRG Energy Inc (NYSE:NRG) on Monday, August 10 with "Outperform" rating. The firm had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $3.29 billion. They expect $0.22 EPS, up 650.00% or $0.26 from last year's $-0.04 per share.
The firm also recently declared a quarterly dividend, which was paid on Monday, May 15th. Dividends are mostly given in terms of cash payments, property or as shares of stock. The ex-dividend date of this dividend was Thursday, April 27th. Most recently on 3/29/17 the stock of NRG Energy Inc (NYSE:NRG) upgraded by Goldman from Neutral to Buy. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of US & worldwide copyright and trademark law. The correct version of this piece of content can be read at https://www.chaffeybreeze.com/2017/05/26/sumitomo-mitsui-trust-holdings-inc-sells-1693-shares-of-nrg-energy-inc-nrg.html.
In other NRG Energy news, Director John C. Wilder, Jr. purchased 1,200,000 shares of the business's stock in a transaction dated Thursday, March 16th. The shares were purchased at an average cost of $17.47 per share, with a total value of $20,964,000.00. Following the acquisition, the director now directly owns 8,060 shares in the company, valued at approximately $140,808.20.
A number of research firms have weighed in on NRG. Insiders own 0.46% of the company's stock. Glen Harbor Capital Management LLC boosted its position in NRG Energy by 3.1% in the first quarter. SunTrust maintained NRG Energy Inc (NYSE:NRG) on Monday, March 7 with "Neutral" rating. BlackRock Inc. now owns 19,983,017 shares of the utilities provider's stock valued at $373,684,000 after buying an additional 19,593,226 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. It also reduced its holding in Silgan Holdings Inc (NASDAQ:SLGN) by 197,442 shares in the quarter, leaving it with 762,858 shares, and cut its stake in Fidelity Natl Information Sv (NYSE:FIS). The stock increased 6.72% or $8.68 during the last trading session, reaching $137.83.
While taking an overview of recommendation trends, the stock now has an average brokerage recommendation of 1.80. For NRG, the company now has $1.91 Billion of cash on the books, which is offset by $1.69 Billion current liabilities. The Company is engaged in producing, selling and delivering electricity and related products and services in various markets in the United States. Fire Group Inc Incorporated invested 0.04% in NRG Energy Inc (NYSE:NRG).