How to Buy Nrg Energy Stock
Nrg Energy Inc
Nrg Energy is a independent power producer company located in New Jersey, United States, which is part of the Utilities sector, and is traded under the ticker NRG on the NYSE exchange.
Nrg Energy stock last closed at $72.81, down 0.07% from the previous day, and has increased 117.99% in one year. It has overperformed other stocks in the Utilities - Independent Power Producers industry by 0.44 percentage points. Nrg Energy stock is currently +138.56% from its 52-week low of $30.52, and -4.87% from its 52-week high of $76.54.
At the moment, there are 208.02M shares of NRG outstanding. The market value of NRG is $15.15B. In the past 24 hours, 1.68M NRG shares were traded.
How to Buy Nrg Energy Stock
Not sure how to invest in Nrg Energy stock? Here's how.
- Figure out where to buy Nrg Energy stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Nrg Energy stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your method of payment and add your information.
- Analyze Nrg Energy stock: The Nrg Energy ticker symbol is NRG. Is Nrg Energy stock a good investment? Should you buy shares of NRG? How do NRG's underlying business fundamentals look? Do top analysts think Nrg Energy is a good buy? Why has NRG's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if NRG is a good stock to buy).
- Make your NRG buy order: Decide if you will purchase NRG shares at the current market price or use a limit order to buy NRG shares at a given price.
- Keep tabs on your NRG position: Create a watchlist to important updates regarding your investment in Nrg Energy shares.
Step 1: Figure out where to buy Nrg Energy stock
You need an online brokerage account to access the NYSE market and buy NRG shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal details so you can invest in NRG today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new trading account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on apps for stock market, you need to deposit funds:
Check out the tutorial below for more details transferring money into your new investment account.
Step 4: Analyze Nrg Energy stock
Once you have chosen the best place to buy Nrg Energy stock, it's crucial to analyze their stock prior to buying, so you can comprehend the risk and opportunity.
Overview of key NRG info
NRG Fundamentals
WallStreetZen was built to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on NRG's stock page.
Is NRG stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge NRG's intrinsic value.
Using relative valuations methods:
- NRG may be overvalued based on its P/B ratio of 5.21x, relative to Utilities - Independent Power Producers industry P/B ratio of 3.59x
You can do additional valuation research on NRG's stock here.
NRG Financials at a glance
Positive Financial Indicators:
- Total NRG debt is lower than 5 years ago, relative to shareholder equity.
- NRG has $565.00M in cash and short term investments. This is sufficient to cover its annual cash burn of $819.00M.
- There are more short-term assets than short-term liabilities on the NRG balance sheet.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the NRG balance sheet.
- NRG profit margin has gone down from 3.9% to -0.9% in the past year.
- NRG has a relatively high debt to equity ratio of 7.96.
- NRG has cash burn of 819000000. It does not have sufficient cash and short-term investments to cover this.
Do analysts think it's a good time to buy NRG stock
Out of 6 Equities analysts who monitor NRG, the consensus analyst rating on NRG is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest NRG Analyst Recommendations
Shahriar Pourreza, a top 29% analyst from Guggenheim upgrades NRG to a strong buy rating and announces their NRG price target of $50.00, on Nov 1, 2023.
You can dig deeper into what analysts are projecting on the Nrg Energy stock forecast page.
NRG Technicals
Is NRG Making Money?
Last year, NRG revenue was $28.82B. In the past five year, NRG's revenue has gone up by 24.91% per year. This was faster than the Utilities - Independent Power Producers industry average of 16.13%.
Find out more about NRG's earnings and revenue performance here.
Are NRG insiders buying or selling the stock?
In the last 12 months, insiders at NRG have sold more shares than they have bought.
Elizabeth R. Killinger, Exec VP NRG Home of NRG, was the latest NRG insider to sell. They sold $2,545,600.00 worth of NRG stock on Mar 15, 2024.
Dig into more about who owns NRG shares here.
Can I rely on NRG as an income stream?
Nrg Energy pays a dividend of 1.6%, compared to the Utilities - Independent Power Producers industry's average dividend yield of 5.64%. If you owned $1,000 worth of NRG stock, you would have received $15.97 last year.
Nrg Energy dividend payments have consistently grown over the past decade but have not remained stable.
Find more data about Nrg Energy dividend yield and history here.
What do other traders have to say about NRG?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your NRG buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open button and eToro will execute your order.
If you require more info about buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your NRG position
Now that you own some NRG stock, you'll want to keep up with your new investment.
Create a watchlist to get notified of important updates regarding your NRG stock.
NRG Feed
How to Buy Stock in Nrg Energy
To summarize, here are the 6 steps you need to take to buy Nrg Energy stock right now:
- Figure out where to buy Nrg Energy stock
- Create your brokerage account
- Put funds into your investment account
- Analyze Nrg Energy stock
- Make your NRG buy order
- Keep tabs on your NRG position
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to track your investment in Nrg Energy, click below.
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