Latest news with #VivintSmartHome
Yahoo
6 days ago
- Business
- Yahoo
Earnings Preview: What to Expect From NRG Energy's Report
With a market cap of $30.1 billion, NRG Energy, Inc. (NRG) is a leading energy and home services provider serving customers across the United States and Canada. Headquartered in Houston, Texas, the company operates through five key segments: Texas, East, West/Services/Other, Vivint Smart Home, and Corporate Activities, reflecting its diverse operations across power generation, retail electricity, and smart home technologies. The company is set to report its Q2 earnings on Friday, Aug. 8. Ahead of the event, analysts expect NRG to report an EPS of $1.07 per share, down 27.7% from $1.48 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in three of the past four quarters, while missing on another occasion. More News from Barchart NVDA Broken Wing Butterfly Trade Targets A Profit Zone Between 150 and 160 Is Opendoor Stock a Buy at New 52-Week Highs? Billionaire Peter Thiel is Betting Big on Stablecoins. Should You Buy the "MicroStrategy of Ethereum," Too? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For fiscal 2025, analysts expect NRG to report an EPS of $7.81, up 17.6% from $6.64 in fiscal 2024. Moreover, in fiscal 2026, its EPS is expected to grow 19.6% year over year to $9.34. Over the past year, NRG shares have surged 109.6%, substantially outpacing the S&P 500 Index's ($SPX) 14.5% gains and the Utilities Select Sector SPDR Fund's (XLU) 20.1% rally over the same time frame. On July 21, NRG Energy's Board of Directors announced a quarterly cash dividend of $0.44 per share on its common stock, translating to an annualized payout of $1.76 per share. The dividend will be paid on August 15 to shareholders of record as of August 1. Following the announcement, NRG shares surged over 5% in the next two trading sessions. Moreover, analysts remain very bullish about NRG stock's prospects, with a "Strong Buy" rating overall. Among 12 analysts covering the stock, nine recommend a 'Strong Buy' and three recommend a 'Hold.' NRG's mean price of $167.09 implies a premium of 4.1% from its prevailing price level. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malaysian Reserve
16-07-2025
- Business
- Malaysian Reserve
Keeping the Lights on in the Age of AI
The Pew Charitable Trusts releases a new podcast episode on AI and energy demand WASHINGTON, July 16, 2025 /PRNewswire/ — New artificial intelligence data centers and increasing household energy use throughout the United States are stressing the nation's aging electric grid, notes Maureen Quinlan of The Pew Charitable Trusts' energy modernization project. She invites the public to learn more by listening to Pew's 'After the Fact,' podcast. The program recently traveled to Houston—the epicenter of the U.S. power industry—to talk with experts, journalists, and electricity providers about why investments in modernizing the grid are necessary for preventing higher energy bills for consumers, or worse, blackouts that leave communities in the dark. The episode also explores how innovative solutions such as tapping into battery storage and microgrids could connect nearly 2,600 gigawatts of alternative energy capacity to the grid, which would double the nation's available power supply. 'After the Fact' episode guests include: Carter Harms, officer, energy modernization project, The Pew Charitable Trusts Pat Wood III, CEO, Hunt Energy, and member, Pew Distributed Energy Resources Advisory Council Jennifer Hiller, energy reporter, The Wall Street Journal Mark Parsons, senior vice president and head of Texas consumer energy, NRG Energy Jim Nye, chief product officer at Vivint Smart Home, NRG Energy For more information, visit Energy Modernization | The Pew Charitable Trusts ( Contact: Matt Herbert, communications officer, mherbert@ 605-759-8911
