FY2028 EPS Estimates for Vistra Lifted by Seaport Res Ptn

Vistra Corp. (NYSE:VST) – Stock analysts at Seaport Res Ptn increased their FY2028 earnings estimates for Vistra in a research report issued on Wednesday, December 11th. Seaport Res Ptn analyst A. Storozynski now forecasts that the company will post earnings per share of $17.11 for the year, up from their previous forecast of $15.62. The consensus estimate for Vistra’s current full-year earnings is $4.48 per share.

Other equities research analysts also recently issued research reports about the company. Royal Bank of Canada boosted their price objective on Vistra from $105.00 to $141.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. BMO Capital Markets boosted their price target on shares of Vistra from $146.00 to $147.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 29th. BNP Paribas initiated coverage on shares of Vistra in a report on Monday, October 14th. They issued an “outperform” rating and a $231.00 price objective for the company. Guggenheim increased their target price on shares of Vistra from $133.00 to $177.00 and gave the stock a “buy” rating in a report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. began coverage on shares of Vistra in a research note on Thursday, October 17th. They issued an “overweight” rating and a $178.00 price target for the company. Ten research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $149.10.

Vistra Price Performance

Vistra stock opened at $145.35 on Monday. The company’s 50 day simple moving average is $139.88 and its 200-day simple moving average is $106.44. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. Vistra has a 1 year low of $37.38 and a 1 year high of $168.67. The company has a market capitalization of $49.45 billion, a price-to-earnings ratio of 27.12, a price-to-earnings-growth ratio of 1.86 and a beta of 1.16.

Hedge Funds Weigh In On Vistra

Institutional investors have recently modified their holdings of the business. Redwood Wealth Management Group LLC purchased a new position in Vistra during the 2nd quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Vistra during the third quarter worth about $30,000. Mark Sheptoff Financial Planning LLC acquired a new position in Vistra in the 3rd quarter valued at about $30,000. CVA Family Office LLC increased its position in Vistra by 1,505.9% in the 3rd quarter. CVA Family Office LLC now owns 273 shares of the company’s stock valued at $32,000 after acquiring an additional 256 shares during the period. Finally, EdgeRock Capital LLC purchased a new stake in Vistra during the 2nd quarter valued at approximately $34,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Vistra

In other Vistra news, EVP Stephen J. Muscato sold 207,100 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $161.34, for a total transaction of $33,413,514.00. Following the transaction, the executive vice president now owns 318,287 shares of the company’s stock, valued at approximately $51,352,424.58. This trade represents a 39.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total value of $2,795,400.00. Following the sale, the director now owns 343,350 shares in the company, valued at $47,990,029.50. This trade represents a 5.50 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 342,100 shares of company stock worth $55,087,314 over the last three months. Insiders own 1.42% of the company’s stock.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 20th will be issued a $0.221 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.61%. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Friday, December 20th. Vistra’s dividend payout ratio is 16.42%.

Vistra declared that its Board of Directors has approved a share buyback program on Thursday, November 7th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to buy up to 2.1% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board believes its shares are undervalued.

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.