NRG Energy (NRG)
Pairs competitive energy retailing with power generation, demand response, and Vivint smart-home services.
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Sells electricity and natural gas through Reliant, Direct Energy, and other brands, provides monitored smart-home services through Vivint, and serves business users with CPower demand response. Owned generation and external supply support customer load across competitive North American energy markets.
Sells electricity and natural gas to residential, commercial, industrial, data-center, and wholesale customers across competitive markets in the United States and Canada. Reliant, Direct Energy, Green Mountain Energy, and NRG carry the retail offering, while Vivint combines installed smart-home equipment, software, professional monitoring, and service.
Balances that customer load with about 25 GW of owned power generation, now largely natural-gas-fired after the LS Power portfolio acquisition, plus third-party supply and hedging. CPower adds demand response for commercial and industrial users. The model links retail acquisition and service with generation dispatch, fuel procurement, market operations, and plant maintenance. Results depend on weather and customer demand, commodity and capacity prices, generation availability, and rules set by ERCOT, PJM, other grid operators, and state or provincial regulators.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 19, 2026 | BNP Paribas | Target | Target: — | Target: $221 |
| Aug 6, 2026 | BMO Capital | Reiterate | Rating: —Target: $212 | Target: $214 |
| Aug 5, 2026 | Scotiabank | Reiterate | Rating: —Target: $226 | Target: $211 |
| Aug 5, 2026 | Evercore ISI | Reiterate | Rating: —Target: — | Target: $195 |
| Jul 28, 2026 | UBS | Reiterate | Rating: —Target: $211 | Target: $216 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $162.0M · Total debt $23.47B · Total assets $39.94B · Shareholders' equity $4.86B
- Revenue
- $11.06B
- Operating income
- $1.05B
- Net income
- $506.0M
HistoryDividendAnnual yield
| Institutions | 94.63% | 198.91M shares | |
|---|---|---|---|
| 1,074 holders · as of Jun 30, 2026 | |||
| Insiders | 2.93% | 6.17M shares | |
| 25 holders · as of Sep 9, 2026 | |||
| Strategic holders | 6.36% | 13.37M shares | |
| 1 holder · as of Feb 16, 2021 | |||
| Adds to | 103.92% | ||
210.21M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 103.92%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 8.40% | 17.66M | as of Jun 30, 2026 |
Pzena Investment Management, LLCInstitution | 8.19% | 17.22M | filed Jan 20, 2022 |
FMR LLCInstitution | 8.03% | 16.88M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 6.56% | 13.78M | as of Jun 30, 2026 |
Putnam Investments, LLC. d/b/a/ Putnam InvestmentsStrategic | 6.36% | 13.37M | filed Feb 16, 2021 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 8, 2026 | Gerald Alfred Spencer | officer: SVP & Chief Accounting Officer | −1,580 | $120.93 |
| Jul 15, 2026 | Virginia Kinney | officer: Exec VP, Chief Admin Officer | −11,145 | $140.64 |
| Jun 15, 2026 | Virginia Kinney | officer: Exec VP, Chief Admin Officer | −20,000 | $127.52 |
| Mar 16, 2026 | Virginia Kinney | officer: Exec VP, Chief Admin Officer | −5,000 | $156.65 |
| Mar 4, 2026 | David Nanus | 10 percent owner | −16,129,269 | $164.00 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| NRG Energy | $100.90 | −1.80% | $21.68B | 27.0 | 9.7 | 0.6 | +11.0% |
| Vistra | $138.58 | −1.30% | $47.34B | 23.6 | 14.7 | 3.0 | −5.5% |
| Constellation Energy | $260.52 | −1.12% | $94.61B | 25.6 | 21.0 | 3.0 | +23.0% |
| Talen Energy | $291.05 | −1.18% | $13.37B | — | 10.8 | 3.8 | +18.6% |
| NextEra Energy | $77.92 | −1.69% | $165.33B | 17.8 | 19.2 | 5.7 | +12.5% |
| ADT | $6.43 | −1.76% | $5.23B | 9.3 | 6.7 | 1.0 | +1.9% |
| Median | 20.7 | 14.7 | 3.0 | +12.5% |