News headlines about NRG Yield (NYSE:NYLD) have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. NRG Yield earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 48.1567546044855 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of NYLD stock opened at $18.00 on Tuesday. The company has a quick ratio of 0.45, a current ratio of 0.49 and a debt-to-equity ratio of 2.47. NRG Yield has a 12-month low of $15.55 and a 12-month high of $20.15. The firm has a market cap of $3.34 billion, a PE ratio of 22.22, a P/E/G ratio of 0.60 and a beta of 2.18.
Get NRG Yield alerts:NRG Yield (NYSE:NYLD) last issued its quarterly earnings data on Thursday, May 3rd. The utilities provider reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.14. NRG Yield had a net margin of 0.30% and a return on equity of 4.10%. The company had revenue of $225.00 million during the quarter, compared to the consensus estimate of $216.52 million. During the same quarter in the prior year, the firm earned $0.33 earnings per share. research analysts anticipate that NRG Yield will post 0.96 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 15th. Stockholders of record on Friday, June 1st will be given a dividend of $0.309 per share. This is an increase from NRG Yield’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Thursday, May 31st. This represents a $1.24 annualized dividend and a dividend yield of 6.87%. NRG Yield’s dividend payout ratio is currently 146.91%.
Several equities research analysts have commented on the stock. TheStreet raised shares of NRG Yield from a “d” rating to a “c-” rating in a research note on Tuesday, May 15th. ValuEngine downgraded shares of NRG Yield from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Morgan Stanley lowered their target price on shares of NRG Yield from $21.00 to $18.00 and set an “overweight” rating for the company in a research note on Tuesday, February 13th. Finally, Zacks Investment Research raised shares of NRG Yield from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 14th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $18.50.
In other news, Director John Chlebowski sold 25,417 shares of the stock in a transaction on Thursday, May 10th. The shares were sold at an average price of $17.81, for a total transaction of $452,676.77. Following the completion of the sale, the director now owns 12,712 shares of the company’s stock, valued at $226,400.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Christopher S. Sotos acquired 6,200 shares of the stock in a transaction dated Monday, March 5th. The shares were bought at an average cost of $16.16 per share, with a total value of $100,192.00. Following the transaction, the insider now directly owns 16,600 shares of the company’s stock, valued at $268,256. The disclosure for this purchase can be found here. 0.24% of the stock is owned by corporate insiders.
NRG Yield Company Profile
NRG Yield, Inc, through its subsidiaries, acquires, owns, and operates contracted renewable and conventional generation, and thermal infrastructure assets in the United States. As of December 31, 2017, it had contracted renewable and conventional generation portfolio of 5,118 net megawatt (MW). The company also owns thermal infrastructure assets with an aggregate steam and chilled water capacity of 1,319 net MW thermal equivalents, and electric generation capacity of 123 net MW.
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