NRG Energy (NRG) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Company Performance - NRG Energy's stock closed at $94.29, reflecting a -1.11% change from the previous day's closing price, underperforming the S&P 500, which fell by 0.96% [1] - Over the past month, NRG Energy shares have increased by 24.62%, while the Utilities sector and S&P 500 gained 3.35% and 4.3%, respectively [1] Earnings Forecast - NRG Energy is expected to report an EPS of $1.71, representing a 5.56% increase from the same quarter last year, with projected quarterly revenue of $5.43 billion, down 31.68% year-over-year [2] - For the entire year, the Zacks Consensus Estimates predict earnings of $6.16 per share and revenue of $25.1 billion, indicating increases of +42.59% and decreases of -12.93% compared to the previous year [3] Analyst Estimates - Recent adjustments to analyst estimates for NRG Energy reflect changing short-term business dynamics, with positive revisions indicating analyst optimism about the company's profitability [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks NRG Energy as 3 (Hold) [6] Valuation Metrics - NRG Energy has a Forward P/E ratio of 15.48, which is lower than the industry's average Forward P/E of 17.64, suggesting a valuation discount [7] - The Utility - Electric Power industry, part of the Utilities sector, holds a Zacks Industry Rank of 49, placing it in the top 20% of over 250 industries [7]