NextEra Energy (NEE) Given Daily Media Sentiment Rating of 0.14
Media coverage about NextEra Energy (NYSE:NEE) has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NextEra Energy earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 46.4775350516695 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news stories that may have impacted Accern’s analysis:
- NextEra Energy, Inc. (NEE) Trades at 52-Week High – Modern Readers (modernreaders.com)
- NextEra Energy’s Price Targets and Recommendations (finance.yahoo.com)
- Analyzing NextEra Energy’s Yield before Its Ex-Dividend Date (finance.yahoo.com)
- NextEra Energy Managed Higher Dividend Growth (finance.yahoo.com)
- Looking at NextEra Energy’s Striking Dividend Statistics (finance.yahoo.com)
Several brokerages recently commented on NEE. Morgan Stanley boosted their target price on NextEra Energy from $163.00 to $167.00 and gave the stock an “overweight” rating in a report on Thursday, August 10th. BidaskClub raised NextEra Energy from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Goldman Sachs Group, Inc. (The) began coverage on NextEra Energy in a report on Monday, July 24th. They set a “buy” rating and a $160.00 target price on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a $147.00 target price (up previously from $144.00) on shares of NextEra Energy in a report on Sunday, July 9th. Finally, BMO Capital Markets reissued a “buy” rating and set a $156.00 target price (up previously from $144.00) on shares of NextEra Energy in a report on Friday, June 23rd. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. NextEra Energy presently has an average rating of “Buy” and an average price target of $148.64.
NextEra Energy (NYSE NEE) traded up 0.89% on Friday, reaching $149.93. 1,438,701 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $144.37 and its 200 day moving average price is $136.10. The firm has a market capitalization of $70.35 billion, a PE ratio of 17.17 and a beta of 0.32. NextEra Energy has a 52-week low of $110.49 and a 52-week high of $150.60.
NextEra Energy (NYSE:NEE) last issued its earnings results on Wednesday, July 26th. The utilities provider reported $1.86 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.76 by $0.10. NextEra Energy had a net margin of 24.26% and a return on equity of 11.88%. The firm had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.44 billion. During the same quarter in the prior year, the firm earned $1.67 earnings per share. The business’s quarterly revenue was up 15.4% on a year-over-year basis. On average, analysts predict that NextEra Energy will post $6.72 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be paid a $0.9825 dividend. This represents a $3.93 annualized dividend and a yield of 2.62%. The ex-dividend date of this dividend is Wednesday, August 23rd. NextEra Energy’s payout ratio is presently 45.02%.
In other news, Director Eric E. Silagy sold 8,111 shares of the stock in a transaction on Tuesday, May 30th. The shares were sold at an average price of $140.58, for a total transaction of $1,140,244.38. Following the completion of the sale, the director now owns 26,884 shares of the company’s stock, valued at $3,779,352.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James L. Robo sold 30,000 shares of the stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $147.05, for a total transaction of $4,411,500.00. The disclosure for this sale can be found here. 0.53% of the stock is owned by corporate insiders.
About NextEra Energy
NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power companies in North America and, through its subsidiary NextEra Energy Resources, LLC (NEER) and its affiliated entities, is the generator of renewable energy from the wind and sun. NEE also owns and/or operates generation, transmission and distribution facilities to support its services to retail and wholesale customers, and has investments in gas infrastructure assets.
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