NRG Energy (NRG) Stock Declines While Market Improves: Some Information for Investors

NRG Energy stock declined 1.75% to $95.23, underperforming the broader market which gained 0.73%. The stock has lost 13.33% over the past month, lagging the Utilities sector. While earnings are projected to grow 26.55% year-over-year, revenue is expected to decline 3.93%. NRG Energy currently holds a Zacks Rank of #4 (Sell) and trades at a Forward P/E of 11.26, below the industry average of 16.46.