Vistra (VST) Expected to Announce Quarterly Earnings on Thursday

Vistra (NYSE:VST) is expected to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Vistra to post earnings of $0.85 per share and revenue of $4.01 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Vistra Price Performance

Shares of VST stock opened at $142.66 on Tuesday. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The company has a market capitalization of $48.54 billion, a P/E ratio of 26.62, a P/E/G ratio of 1.12 and a beta of 1.22. The company’s 50-day simple moving average is $160.14 and its two-hundred day simple moving average is $133.18. Vistra has a one year low of $48.22 and a one year high of $199.84.

Vistra announced that its Board of Directors has authorized a stock repurchase program on Thursday, November 7th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to buy up to 2.1% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be paid a $0.2235 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date of this dividend is Thursday, March 20th. Vistra’s dividend payout ratio is currently 16.42%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on VST. UBS Group upped their price target on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research report on Friday, January 3rd. Evercore ISI began coverage on shares of Vistra in a research report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price target for the company. Morgan Stanley upped their price target on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. Bank of America initiated coverage on shares of Vistra in a research report on Monday, January 27th. They set a “neutral” rating and a $206.00 target price for the company. Finally, BMO Capital Markets increased their target price on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research report on Wednesday, January 22nd. One analyst has rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, Vistra has an average rating of “Moderate Buy” and an average target price of $171.64.

Insiders Place Their Bets

In other Vistra news, Director Scott B. Helm sold 20,000 shares of the firm’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the transaction, the director now owns 343,350 shares of the company’s stock, valued at approximately $47,990,029.50. This trade represents a 5.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.42% of the company’s stock.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.