Inside the research
NRG Energy, Inc.
NRG Research profile · latest available data
Price overview
$100.37
▲ +2.52 (+2.6%)
| 52w hi | $182.82 |
|---|---|
| 52w lo | $97.85 |
| Vol | 2.62M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.49
| Short | -0.32 |
|---|---|
| Medium | -0.68 |
| Long | -0.43 |
computed 2026-09-27
Key fundamentals
NRG Energy, Inc.
Utilities · Utilities - Independent Power Producers
| Market cap | $21.10B |
|---|---|
| Enterprise value | $45.05B |
| Trailing P/E | 26.14x |
| Forward P/E | 8.97x |
| EV / EBITDA | 13.85x |
| P / S (ttm) | 0.64x |
| Profit margin | 2.6% |
| Return on equity | 23.8% |
| Revenue growth | +11.0% |
| Debt / equity | 483.36 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.22 | |
| Sector | -0.10 | |
| Technical | -0.34 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
NRG Energy, Inc., together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through the Texas, East, West/Other, Vivint Smart Home, and Corporate Activities segments. The company offers retail electricity, energy management, demand response and virtual power plant programs, carbon offsets, smart home security, and automation services. It also offers system power, distributed and backup generation, energy storage, energy management, renewable and low-carbon products, and carbon management solutions for large business and commercial customers; a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions; and generation portfolio includes fossil fuel and renewable generation assets diversified by fuel type and dispatch level, with ongoing development of new natural gas and renewable projects. In addition, the company trades in power, natural gas, and related products; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. It offers its products and services under the NRG, Reliant, Direct Energy, Green Mountain Energy, and Vivint. It serves residential, commercial, government, industrial, data center, and wholesale customers. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas.
Risk Metrics
| Beta vs SPX | 1.58 |
|---|---|
| Corr SPX | 0.49 |
| Annual vol | 51.8% |
| Annual ret | +20.4% |
| Sharpe | 0.39 |
| Max DD | -46.8% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $200.94 |
|---|---|
| High / Low | $290.00 / $96.00 |
| Median | $201.00 |
| Analysts | 16 |
| Strong Buy | 3 | |
|---|---|---|
| Buy | 11 | |
| Hold | 2 | |
| Sell | 0 | |
| Strong Sell | 1 |
Recent rating actions
| 2026-04-21 | Morgan Stanley | → Equal-Weight |
| 2026-03-31 | Barclays | → Overweight |
| 2026-03-18 | Wolfe Research | → Outperform |
| 2026-01-27 | Jefferies | → Buy |
| 2026-01-20 | Wells Fargo | → Overweight |
| 2025-12-09 | UBS | → Buy |
Officers & Board
| Manager | Mauricio Gutierrez current |
|---|
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-04 | Earnings Release, Exhibits | read |
| 2026-07-15 | Other Material Event | read |
| 2026-05-21 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-05-06 | Earnings Release, Exhibits | read |
| 2026-05-01 | Shareholder Vote | read |
| 2026-04-28 | Material Agreement, Material Obligation… | read |
| 2026-04-14 | Reg FD Disclosure, Exhibits | read |
| 2026-04-07 | Officer / Director Change | read |
| 2026-03-04 | Material Agreement, Other Material Event… | read |
| 2026-03-02 | Other Material Event, Exhibits | read |
| 2026-02-24 | Earnings Release, Exhibits | read |
| 2026-02-04 | Officer / Director Change, Reg FD Disclosure… | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 96.5% |
| HHI | 3,270 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Fidelity / FMR LLC | $2.47B | 16.88M |
| State Street Corp | $1.64B | 11.23M |
| Millennium Management | $635.48M | 4.35M |
| Capital Research / Capital World | $214.21M | 1.47M |
| Citadel Advisors | $181.87M | 1.25M |
| AQR Capital Management | $147.41M | 1.01M |
| Bridgewater Associates | $40.60M | 277.94K |
| T. Rowe Price Group | $93.33K | 638.98K |
As of 2026-06-30
Connections
Subsidiarys: Reliant Energy
Dividends
| Yield (TTM) | 1.38% |
|---|---|
| $ / share (TTM) | $1.39 |
| 5y CAGR | +8.0% |
Annual dividend per share
| 2021 | $1.30 |
|---|---|
| 2022 | $1.40 |
| 2023 | $1.51 |
| 2024 | $1.63 |
| 2025 | $1.76 |
| 2026 | $0.95 |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $28.26B | +7.4% | |
| Operating income | $2.42B | +3.0% | |
| Net income | $1.12B | +2.0% | |
| Cash from ops | $2.31B | +0.6% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $98.14 | $100.86 | $98.14 | $100.37 | 2.62M |
| Sep 24 | $99.99 | $100.16 | $97.50 | $97.85 | 2.64M |
| Sep 23 | $102.00 | $102.42 | $100.13 | $100.72 | 2.55M |
| Sep 22 | $104.01 | $104.91 | $102.51 | $102.75 | 2.46M |
| Sep 21 | $104.82 | $104.82 | $101.33 | $103.28 | 3.63M |
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