NextEra Energy (NYSE:NEE) Trading Up 1.1% – Should You Buy?

Shares of NextEra Energy, Inc. (NYSE:NEEGet Free Report) rose 1.1% on Tuesday . The company traded as high as $90.27 and last traded at $90.0310. Approximately 25,310,137 shares were traded during trading, an increase of 155% from the average daily volume of 9,910,543 shares. The stock had previously closed at $89.04.

Key Headlines Impacting NextEra Energy

Here are the key news stories impacting NextEra Energy this week:

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Barclays boosted their target price on shares of NextEra Energy from $85.00 to $89.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 7th. BMO Capital Markets cut their price objective on shares of NextEra Energy from $104.00 to $102.00 and set an “outperform” rating on the stock in a research report on Monday. The Goldman Sachs Group boosted their price objective on shares of NextEra Energy from $94.00 to $98.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. UBS Group increased their target price on shares of NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Finally, Evercore restated an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $99.35.

View Our Latest Research Report on NextEra Energy

NextEra Energy Stock Performance

The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. The company has a market capitalization of $187.75 billion, a PE ratio of 22.91, a PEG ratio of 2.74 and a beta of 0.73. The business has a 50 day simple moving average of $92.90 and a 200 day simple moving average of $87.86.

NextEra Energy (NYSE:NEEGet Free Report) last released its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The company had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. NextEra Energy’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the business earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Equities research analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

Insider Activity at NextEra Energy

In related news, Treasurer James Michael May sold 7,161 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $646,423.47. Following the completion of the transaction, the treasurer owned 26,719 shares in the company, valued at $2,411,924.13. This trade represents a 21.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Nicole J. Daggs sold 4,934 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $93.00, for a total value of $458,862.00. Following the sale, the executive vice president owned 16,905 shares in the company, valued at approximately $1,572,165. The trade was a 22.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 31,767 shares of company stock valued at $2,881,077 in the last ninety days. Company insiders own 0.18% of the company’s stock.

Institutional Trading of NextEra Energy

Several large investors have recently made changes to their positions in the business. Laurel Wealth Advisors LLC purchased a new stake in NextEra Energy in the fourth quarter valued at $25,000. Anfield Capital Management LLC raised its stake in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after buying an additional 270 shares during the last quarter. Wealth Watch Advisors INC lifted its holdings in shares of NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares during the period. Osbon Capital Management LLC acquired a new position in shares of NextEra Energy in the 4th quarter valued at about $27,000. Finally, Strive Asset Management LLC purchased a new stake in shares of NextEra Energy in the third quarter worth about $29,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Company Profile

(Get Free Report)

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.

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