Key Takeaways:
- NRG Energy maintains its quarterly dividend at $0.44 per share, equating to a forward yield of 2.05%.
- The company is acquiring six power facilities from Rockland Capital in a $560 million deal.
- Analyst consensus suggests a price target that implies a potential upside of 40.26% from the current trading value.
NRG Energy (NYSE: NRG) continues to offer steady dividends, announcing a quarterly payout of $0.44 per share. This rate is consistent with previous quarters and reflects a forward yield of 2.05%. Shareholders recorded by May 1 can expect payment on May 15. In a strategic move to bolster its portfolio, NRG is set to acquire six power facilities from Rockland Capital for $560 million.
Wall Street Analysts Forecast
The investment community is projecting positive prospects for NRG Energy Inc., with 10 analysts offering one-year price targets. Their average target stands at $120.49, with individual estimates ranging from a high of $165.00 to a low of $64.86. This average target signifies a projected upside of 40.26% from the current market price of $85.90. For further insights, explore the detailed estimates on the NRG Energy Inc (NRG, Financial) Forecast page.
With an average brokerage recommendation of 2.1, NRG Energy is positioned as "Outperform" according to 12 brokerage firms. This rating scale spans from 1 to 5, where 1 indicates a Strong Buy, and 5 denotes a Sell.
GuruFocus estimates project the GF Value for NRG Energy Inc. to be $54.44 over the next year. This figure suggests a potential downside of 36.62% from the current price of $85.90. The GF Value represents GuruFocus' calculated fair market value, derived from historical trading multiples along with past and projected business performance. More comprehensive data is available on the NRG Energy Inc (NRG, Financial) Summary page.
