Seaport Res Ptn Analysts Boost Earnings Estimates for Vistra Corp. (NYSE:VST)

Vistra Corp. (NYSE:VSTGet Rating) – Seaport Res Ptn increased their FY2023 EPS estimates for shares of Vistra in a report released on Tuesday, April 19th. Seaport Res Ptn analyst A. Storozynski now anticipates that the company will post earnings per share of $2.56 for the year, up from their previous forecast of $1.99. Seaport Res Ptn also issued estimates for Vistra’s FY2024 earnings at $2.23 EPS.

Separately, Zacks Investment Research lowered Vistra from a “hold” rating to a “sell” rating in a report on Wednesday, February 9th. One research analyst has rated the stock with a sell rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, Vistra currently has a consensus rating of “Buy” and an average price target of $23.86.

NYSE VST opened at $25.74 on Friday. The stock has a market capitalization of $11.35 billion, a price-to-earnings ratio of -9.60, a PEG ratio of 0.20 and a beta of 0.94. Vistra has a one year low of $15.47 and a one year high of $26.63. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.35 and a quick ratio of 1.24. The business’s fifty day moving average is $22.84 and its 200-day moving average is $21.52.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 31st. Stockholders of record on Tuesday, March 22nd were paid a $0.17 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date was Monday, March 21st. Vistra’s dividend payout ratio is currently -25.37%.

In other news, EVP Stephen J. Muscato sold 50,000 shares of the company’s stock in a transaction on Tuesday, March 1st. The stock was sold at an average price of $22.39, for a total transaction of $1,119,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.89% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Pinnacle Wealth Planning Services Inc. lifted its stake in shares of Vistra by 4.9% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 9,542 shares of the company’s stock valued at $222,000 after purchasing an additional 443 shares during the last quarter. Wedbush Securities Inc. grew its stake in Vistra by 0.9% during the 4th quarter. Wedbush Securities Inc. now owns 56,756 shares of the company’s stock worth $1,292,000 after buying an additional 495 shares during the last quarter. Alpha Cubed Investments LLC grew its stake in Vistra by 5.5% during the 1st quarter. Alpha Cubed Investments LLC now owns 11,600 shares of the company’s stock worth $270,000 after buying an additional 600 shares during the last quarter. MMA Asset Management LLC grew its stake in Vistra by 5.4% during the 4th quarter. MMA Asset Management LLC now owns 11,904 shares of the company’s stock valued at $271,000 after purchasing an additional 610 shares during the last quarter. Finally, M&T Bank Corp lifted its holdings in shares of Vistra by 5.7% in the 4th quarter. M&T Bank Corp now owns 11,629 shares of the company’s stock valued at $265,000 after buying an additional 625 shares during the period. Institutional investors and hedge funds own 92.47% of the company’s stock.

About Vistra (Get Rating)

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 20 states in the United States and the District of Columbia.

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Earnings History and Estimates for Vistra (NYSE:VST)

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