NRG Energy
About: NRG Energy is one of the largest retail energy providers in the us, with 6 million customers. Vivint Smart Home, which NRG acquired in 2023, has 2 million home services customers. NRG also is one of the largest us independent power producers, with 13 gigawatts of coal, gas, and oil power generation capacity primarily in Texas. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.
Employees: 18,131
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
18% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 105
14% more capital invested
Capital invested by funds: $16.2B [Q2] → $18.4B (+$2.2B) [Q3]
13% more funds holding in top 10
Funds holding in top 10: 15 [Q2] → 17 (+2) [Q3]
12% more repeat investments, than reductions
Existing positions increased: 281 | Existing positions reduced: 252
3% more funds holding
Funds holding: 732 [Q2] → 751 (+19) [Q3]
2.72% less ownership
Funds ownership: 99.76% [Q2] → 97.03% (-2.72%) [Q3]
40% less call options, than puts
Call options by funds: $375M | Put options by funds: $623M
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Wells Fargo Neil Kalton 69% 1-year accuracy 33 / 48 met price target | 52%upside $140 | Overweight Maintained | 11 Nov 2024 |
Citigroup Ryan Levine 88% 1-year accuracy 7 / 8 met price target | 8%upside $100 | Buy Maintained | 31 Oct 2024 |
Wells Fargo Neil Kalton 69% 1-year accuracy 33 / 48 met price target | 41%upside $130 | Overweight Maintained | 30 Oct 2024 |
BMO Capital James Thalacker 74% 1-year accuracy 55 / 74 met price target | 2%upside $94 | Market Perform Maintained | 29 Oct 2024 |
Guggenheim Shahriar Pourreza 75% 1-year accuracy 15 / 20 met price target | 28%upside $118 | Buy Maintained | 8 Oct 2024 |
Financial journalist opinion
Based on 23 articles about NRG published over the past 30 days
