Somewhat Positive Press Coverage Somewhat Unlikely to Impact NRG Yield, Inc. Class C (NYLD) Share Price

Press coverage about NRG Yield, Inc. Class C (NYSE:NYLD) has been trending somewhat positive on Saturday, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. NRG Yield, Inc. Class C earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 45.3813910715019 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of NRG Yield, Inc. Class C (NYSE:NYLD) remained flat at $$18.90 during mid-day trading on Friday. 540,494 shares of the company’s stock traded hands, compared to its average volume of 519,470. NRG Yield, Inc. Class C has a 1-year low of $15.43 and a 1-year high of $20.15. The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.98 and a current ratio of 1.06. The stock has a market cap of $3,492.32, a P/E ratio of 45.00, a P/E/G ratio of 0.93 and a beta of 2.52.

NRG Yield, Inc. Class C (NYSE:NYLD) last issued its quarterly earnings data on Thursday, November 2nd. The utilities provider reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.31). The business had revenue of $265.00 million for the quarter, compared to the consensus estimate of $311.81 million. NRG Yield, Inc. Class C had a net margin of 4.10% and a return on equity of 1.76%. The company’s revenue was down 2.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.30 EPS. equities research analysts expect that NRG Yield, Inc. Class C will post 0.81 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were issued a $0.288 dividend. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $1.15 annualized dividend and a yield of 6.10%. This is an increase from NRG Yield, Inc. Class C’s previous quarterly dividend of $0.28. NRG Yield, Inc. Class C’s dividend payout ratio is currently 273.81%.

A number of equities analysts recently weighed in on the stock. Bank of America assumed coverage on shares of NRG Yield, Inc. Class C in a report on Tuesday, October 24th. They issued a “neutral” rating and a $18.00 price objective for the company. Goldman Sachs Group lowered shares of NRG Yield, Inc. Class C from a “buy” rating to a “neutral” rating and set a $19.00 price objective for the company. in a report on Wednesday, October 11th. Zacks Investment Research upgraded shares of NRG Yield, Inc. Class C from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Tuesday, October 10th. BidaskClub lowered shares of NRG Yield, Inc. Class C from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Finally, Royal Bank of Canada reiterated a “hold” rating and set a $17.00 target price on shares of NRG Yield, Inc. Class C in a research note on Wednesday, November 15th. Seven investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. NRG Yield, Inc. Class C has a consensus rating of “Hold” and an average target price of $19.75.

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NRG Yield, Inc. Class C Company Profile

NRG Yield, Inc serves as the primary vehicle, through which NRG Energy, Inc owns, operates and acquires contracted renewable and conventional generation and thermal infrastructure assets. It owns a diversified portfolio of contracted renewable and conventional generation and thermal infrastructure assets in the United States.

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