Vistra Corp

Vistra Corp

VST

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Market Cap$54.03B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Vistra CorpVistra Corp24.30.57%1887%3.3-

Earnings Call Q1 2026

May 7, 2026 - AI Summary

Q1 2026 performance was strong and “weather-tested” (incl. availability): Vistra reported ~$1.494B adjusted EBITDA in Q1 2026 (~+20% YoY), with generation ~ $1.426B and retail ~$68M (retail was pressured by mild weather; they expected YoY decline in retail). Despite Fern (winter storm), natural gas commercial availability ~97% and nuclear availability 100%; Martin Lake Unit 1 returned from an extended outage late in Q1 and has been running well.
Guidance/outlook reaffirmed for 2026; 2027 midpoint opportunity maintained (but excludes key items): Company reaffirmed 2026 guidance ranges for adjusted EBITDA and adjusted free cash flow before growth (ranges introduced in Q3 2025) and maintains the 2027 adjusted EBITDA midpoint opportunity range. Their outlook is excluding (a) any contribution from the pending Cogentrix acquisition and (b) any uplift from the Meta long-term PPAs at PJM nuclear sites—they plan to update guidance after Cogentrix closing (expected 2H 2026).
Hedging and contracting are the core support for forecasts: Management emphasized a comprehensive hedging program that has “hedged a significant amount” of expected generation through 2027, aiming for more stable earnings across market cycles. They also cited downside protection of the nuclear PTC and long-term PPAs as part of the highly hedged positioning for 2026–2027.

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$210.25

Target Price by Analysts

36.7% upsideVistra Target Price DetailsTarget Price
$-13.29

Current Fair Value

108.6% downside

Overvalued by 108.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$54.03 Billion
Enterprise Value$53.97 Billion
Dividend Yield$0.91 (0.57%)
Earnings per Share$2.21
Beta1.45
Outstanding Shares339,800,000

Return

Return on Equity1887.25%ROE
Return on Assets1819.60%
Return on Invested Capital1648.79%

Valuation & Multiples

P/E Ratio24.3P/E Ratio
PEG9.12PEG
Price to Sales3.27Price to Sales
Price to Book Ratio-Price to Book Ratio
Enterprise Value to Revenue3.37
Enterprise Value to EBIT31.86
Enterprise Value to Net Income27
Total Debt to Enterprise0
Debt to Equity0Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 13, 2026
EPS Estimate
$0.95
Average shareholder expectation
Revenue Estimate
$5.67 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 6, 2026
EPS Estimate
$2.16
Average shareholder expectation
Revenue Estimate
$5.87 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.6991 15.52%
Total Calls9,688,307 2.59%
Total Puts16,461,535 10.74%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %81.54% 3.97%
Total Invested$41.64B 10.58%
Investors Holding1,392 35.00%

ESG Score

No data

About Vistra Corp

5,365 employees
CEO: Curtis Morgan

Relevant Senate Committees

Joint Committee on Taxation

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Finance

Controls federal tax policy, which directly impacts corporate profitability, investment incentives, and potential carbon pricing or energy-related tax credits for Vistra.

Appropriations

Determines specific federal spending allocations for infrastructure, energy projects, and R&D, directly impacting funding opportunities and contractual revenues for utilities.

Energy and Natural Resources

This committee has primary oversight of national energy policy, public lands (often relevant for hydroelectric projects), and the Department of Energy, directly impacting power generation.

Environment and Public Works

This committee has direct regulatory authority over the EPA, impacting environmental permits, water quality standards, and infrastructure projects critical for hydroelectric power generation.