NextEra Energy, Inc. (NYSE:NEE) Receives $99.90 Average PT from Analysts

Shares of NextEra Energy, Inc. (NYSE:NEEGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the twenty-three ratings firms that are covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation, fifteen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $99.6364.

NEE has been the subject of several analyst reports. Weiss Ratings lowered NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Evercore restated an “outperform” rating and issued a $107.00 price target on shares of NextEra Energy in a report on Monday, May 4th. DA Davidson upped their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. increased their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Finally, Jefferies Financial Group set a $94.00 target price on shares of NextEra Energy in a research report on Tuesday.

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Institutional Trading of NextEra Energy

Several institutional investors have recently made changes to their positions in NEE. Anfield Capital Management LLC raised its position in shares of NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after buying an additional 270 shares during the period. Laurel Wealth Advisors LLC purchased a new stake in NextEra Energy during the fourth quarter valued at about $25,000. Financial Life Planners acquired a new stake in NextEra Energy during the first quarter worth about $30,000. Wealth Watch Advisors INC increased its stake in NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 226 shares during the last quarter. Finally, Manning & Napier Advisors LLC raised its holdings in shares of NextEra Energy by 104.9% in the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 172 shares during the period. 78.72% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Stock Down 0.7%

NEE stock opened at $88.73 on Friday. The company has a 50 day moving average price of $87.94 and a two-hundred day moving average price of $89.18. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. The stock has a market capitalization of $185.04 billion, a P/E ratio of 22.58, a PEG ratio of 2.43 and a beta of 0.67. NextEra Energy has a one year low of $69.24 and a one year high of $98.75.

NextEra Energy (NYSE:NEEGet Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same quarter in the prior year, the company posted $0.99 EPS. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, sell-side analysts expect that NextEra Energy will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were paid a dividend of $0.6232 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.

About NextEra Energy

(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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