NextEra Energy (NYSE:NEE) Updates FY 2025 Earnings Guidance

NextEra Energy (NYSE:NEE) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.450-3.700 for the period, compared to the consensus EPS estimate of 3.680. The company issued revenue guidance of -. NextEra Energy also updated its FY 2024 guidance to 3.230-3.430 EPS.

NextEra Energy Price Performance

Shares of NextEra Energy stock traded up $1.62 during trading on Tuesday, hitting $66.93. 5,380,944 shares of the company’s stock traded hands, compared to its average volume of 11,818,028. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.55 and a quick ratio of 0.47. The firm’s fifty day moving average price is $60.04 and its 200 day moving average price is $58.72. NextEra Energy has a twelve month low of $47.15 and a twelve month high of $79.25. The company has a market cap of $137.37 billion, a PE ratio of 18.09, a PEG ratio of 2.31 and a beta of 0.51.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Tuesday, April 23rd. The utilities provider reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. NextEra Energy had a net margin of 26.00% and a return on equity of 11.73%. The firm had revenue of $5.73 billion for the quarter, compared to analyst estimates of $6.28 billion. During the same period in the previous year, the business earned $0.84 earnings per share. The company’s revenue for the quarter was down 14.7% compared to the same quarter last year. Analysts forecast that NextEra Energy will post 3.4 earnings per share for the current year.

NextEra Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Tuesday, February 27th were paid a $0.515 dividend. This represents a $2.06 annualized dividend and a yield of 3.08%. The ex-dividend date of this dividend was Monday, February 26th. This is an increase from NextEra Energy’s previous quarterly dividend of $0.47. NextEra Energy’s dividend payout ratio is presently 57.06%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on NEE shares. StockNews.com upgraded shares of NextEra Energy from a sell rating to a hold rating in a report on Monday. Wells Fargo & Company upped their price target on shares of NextEra Energy from $84.00 to $85.00 and gave the company an overweight rating in a report on Tuesday, March 19th. Morgan Stanley increased their target price on shares of NextEra Energy from $77.00 to $79.00 and gave the stock an overweight rating in a report on Monday. Guggenheim increased their target price on shares of NextEra Energy from $70.00 to $80.00 and gave the stock a buy rating in a report on Monday, January 22nd. Finally, BMO Capital Markets reduced their target price on shares of NextEra Energy from $77.00 to $68.00 and set an outperform rating for the company in a report on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of Moderate Buy and a consensus price target of $69.93.

About NextEra Energy

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.