Key Points
- Insider sale: CEO James Burke sold 22,251 shares on December 11 at an average price of $162.05 for proceeds of about $3.61 million, reducing his ownership by 6.95% to 297,998 shares (≈$48.29M).
- Dividend announced: Vistra declared a quarterly dividend of $0.227 per share payable December 31 (ex-dividend date December 22), an annualized $0.91 payout with a yield of about 0.5% and a payout ratio of 32.49%.
- Recent results and valuation: Vistra reported Q earnings of $1.75 EPS (missing the $1.78 estimate) and revenue of $4.97B vs. $6.60B expected; the stock trades near $168 with a market cap of $57.05B and a P/E of ~60.8 (52-week range $90.51–$219.82).
Vistra Corp. (NYSE:VST - Get Free Report) CEO James Burke sold 22,251 shares of the company's stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $162.05, for a total transaction of $3,605,774.55. Following the completion of the sale, the chief executive officer directly owned 297,998 shares in the company, valued at approximately $48,290,575.90. This represents a 6.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Vistra Stock Performance
Shares of VST opened at $168.36 on Tuesday. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74. The firm's fifty day simple moving average is $184.63 and its two-hundred day simple moving average is $190.22. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82. The stock has a market capitalization of $57.05 billion, a P/E ratio of 60.78, a price-to-earnings-growth ratio of 2.94 and a beta of 1.39.
Vistra (NYSE:VST - Get Free Report) last announced its quarterly earnings data on Friday, November 7th. The company reported $1.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.78 by ($0.03). Vistra had a net margin of 6.70% and a return on equity of 64.04%. The business had revenue of $4.97 billion during the quarter, compared to analyst estimates of $6.60 billion. As a group, analysts predict that Vistra Corp. will post 7 EPS for the current year.
Vistra Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be issued a dividend of $0.227 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, December 22nd. This is a positive change from Vistra's previous quarterly dividend of $0.23. Vistra's dividend payout ratio (DPR) is currently 32.49%.
Analyst Ratings Changes
A number of research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Vistra from a "hold" rating to a "sell" rating in a research report on Friday, September 5th. Melius Research raised shares of Vistra to a "strong-buy" rating in a research note on Wednesday, August 20th. TD Cowen assumed coverage on shares of Vistra in a research report on Thursday, October 16th. They set a "buy" rating and a $250.00 price objective on the stock. Daiwa America upgraded Vistra from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, September 17th. Finally, Cowen assumed coverage on Vistra in a research note on Wednesday, October 15th. They set a "buy" rating on the stock. Four research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $233.20.
Get Our Latest Research Report on Vistra
Institutional Investors Weigh In On Vistra
Several institutional investors and hedge funds have recently added to or reduced their stakes in VST. Salomon & Ludwin LLC bought a new position in Vistra during the third quarter valued at $25,000. Quent Capital LLC bought a new position in shares of Vistra during the 3rd quarter worth $25,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Vistra in the 2nd quarter worth about $28,000. Archer Investment Corp raised its stake in Vistra by 2,700.0% in the 3rd quarter. Archer Investment Corp now owns 140 shares of the company's stock valued at $27,000 after acquiring an additional 135 shares during the period. Finally, Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in Vistra during the third quarter valued at about $28,000. Hedge funds and other institutional investors own 90.88% of the company's stock.
About Vistra
(
Get Free Report)
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.
Further Reading
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