Is NRG Energy, Inc. (NYSE:NRG) A Safe Bet For Investors?

NRG Yield had 31 analyst reports since August 10, 2015 according to SRatingsIntel. Analysts are expecting an EPS change of 48.10% for the current year. The utilities provider reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.58 by ($0.31). (NYSE:NRG) has an average volume of 5.47 Million. A Fortune 500 company, NRG creates value through best in class operations, reliable and efficient electric generation, and a retail platform serving residential and commercial businesses. 0 analysts gave its stock an Outperform rating. Zacks Investment Research upgraded shares of NRG Energy from a "sell" rating to a "hold" rating in a research note on Friday, October 27th.

NRG Energy (NYSE:NRG) last released its quarterly earnings data on Thursday, November 2nd. 263.23 million shares or 1.26% less from 266.58 million shares in 2017Q2 were reported. The business had revenue of $218 million for the quarter, compared to analyst estimates of $195.91 million. NRG Energy had a negative net margin of 13.48% and a positive return on equity of 8.82%. The company's revenue was down 10.9% compared to the same quarter a year ago. The institutional investor held 631,817 shares of the telecommunications equipment company at the end of 2017Q3, valued at $17.98 million, up from 563,148 at the end of the previous reported quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock.

Intact Investment Management Inc decreased its stake in Nrg Energy Inc (NRG) by 20.41% based on its latest 2017Q3 regulatory filing with the SEC. AMP Capital Investors Ltd acquired a new stake in shares of NRG Yield, Inc. Bank of America began coverage on shares of NRG Yield, Inc. Citigroup initiated the shares of NRG in report on Tuesday, December 1 with "Sell" rating. (NYSE:NRG) earned "Buy" rating by Goldman Sachs on Wednesday, March 29.

Among 20 analysts covering The Allstate Corporation (NYSE:ALL), 7 have Buy rating, 2 Sell and 11 Hold. Finally, Deutsche Bank AG downgraded NRG Yield from a buy rating to a hold rating and dropped their target price for the company from $19.00 to $18.00 in a report on Tuesday, July 18th. Managed Asset Portfolios Llc bought 68,669 shares as the company's stock rose 16.21% with the market. Savings Bank Of Mellon Corp invested in 4.63 million shares or 0.03% of the stock. Cornerstone Capital Management Holdings LLC. increased its position in shares of NRG Energy by 887.4% during the third quarter. Mason Street Advsr Limited Liability accumulated 41,734 shares or 0.03% of the stock. Finally, Grand Jean Capital Management Inc. raised its position in NRG Yield by 66.3% in the first quarter. Blackstart Capital LP now owns 577,592 shares of the utilities provider's stock worth $10,141,000 after buying an additional 143,103 shares in the last quarter.

NRG Energy, Inc (NRG) is an integrated power company.

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The most recent non open market insider trade was completed by CALLEN DAVID on 01/03/2018, and was a disposition of 1,536 shares with a final price of $0. About 10.10 million shares traded or 84.53% up from the average. The total amount of shares outstanding is 317.00 million, giving the company a market capitalization of about 8.70 billion.

NRG Yield Inc (NYLD) now has a 14-day Commodity Channel Index (CCI) of -116.47.

Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 1.35, and a price to sales ratio of 1.38.

According to NRG Energy, Inc.'s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 99.09%. The stock decreased 2.26% or $0.62 during the last trading session, reaching $26.81. If you are viewing this news story on another website, it was illegally copied and republished in violation of U.S. & worldwide copyright legislation. Moreover, Balyasny Asset Mngmt Ltd Liability Corporation has 0.16% invested in NRG Energy, Inc.

NRG Yield, Inc serves as the primary vehicle, through which NRG Energy, Inc owns, operates and acquires contracted renewable and conventional generation and thermal infrastructure assets.

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