Vistra Corp. (NYSE:VST – Get Free Report)’s stock price reached a new 52-week high on Monday after Jefferies Financial Group raised their price target on the stock from $99.00 to $137.00. Jefferies Financial Group currently has a buy rating on the stock. Vistra traded as high as $111.80 and last traded at $111.80, with a volume of 152512 shares trading hands. The stock had previously closed at $107.88.
A number of other brokerages also recently commented on VST. Morgan Stanley lifted their price target on shares of Vistra from $110.00 to $132.00 and gave the stock an “overweight” rating in a report on Monday. BMO Capital Markets lifted their price target on shares of Vistra from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday, September 20th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $110.83.
View Our Latest Stock Report on Vistra
Institutional Investors Weigh In On Vistra
Vistra Trading Up 0.7 %
The business’s fifty day moving average is $81.19 and its 200-day moving average is $81.57. The stock has a market capitalization of $39.06 billion, a PE ratio of 68.98 and a beta of 1.08. The company has a quick ratio of 0.88, a current ratio of 0.98 and a debt-to-equity ratio of 2.89.
Vistra (NYSE:VST – Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). The business had revenue of $3.85 billion for the quarter, compared to analyst estimates of $4.04 billion. Vistra had a net margin of 4.61% and a return on equity of 21.05%. During the same period last year, the firm earned $1.03 earnings per share. As a group, analysts anticipate that Vistra Corp. will post 4.52 EPS for the current fiscal year.
Vistra Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 20th will be given a dividend of $0.2195 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.78%. This is a boost from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Friday, September 20th. Vistra’s payout ratio is 53.37%.
About Vistra
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.
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