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)
51% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 84
20% more funds holding in top 10
Funds holding in top 10: 15 [Q2] → 18 (+3) [Q3]
13% more capital invested
Capital invested by funds: $16.3B [Q2] → $18.4B (+$2.12B) [Q3]
10% more repeat investments, than reductions
Existing positions increased: 286 | Existing positions reduced: 259
5% more funds holding
Funds holding: 732 [Q2] → 767 (+35) [Q3]
3.52% less ownership
Funds ownership: 100.54% [Q2] → 97.02% (-3.52%) [Q3]
40% less call options, than puts
Call options by funds: $376M | Put options by funds: $625M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Jefferies Julien Dumoulin-Smith 54% 1-year accuracy 39 / 72 met price target | 8%upside $113 | Buy Upgraded | 26 Nov 2024 |
BMO Capital James Thalacker 68% 1-year accuracy 52 / 76 met price target | 4%downside $100 | Market Perform Maintained | 19 Nov 2024 |
Wells Fargo Neil Kalton 61% 1-year accuracy 30 / 49 met price target | 34%upside $140 | Overweight Maintained | 11 Nov 2024 |
Citigroup Ryan Levine 67% 1-year accuracy 4 / 6 met price target | 4%downside $100 | Buy Maintained | 31 Oct 2024 |
Financial journalist opinion
Based on 10 articles about NRG published over the past 30 days
