NextEra Energy (NYSE:NEE) Stock Price Down 1.6% – What’s Next?

NextEra Energy, Inc. (NYSE:NEE) shares were down 1.6% during trading on Wednesday . The company traded as low as $86.32 and last traded at $86.3620. 9,618,691 shares changed hands during mid-day trading, a decline of 9% from the average session volume of 10,517,521 shares. The stock had previously closed at $87.77.

Analyst Upgrades and Downgrades

NEE has been the subject of a number of recent research reports. Barclays set a $90.00 price objective on NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Evercore reissued an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. Wells Fargo & Company set a $102.00 price target on NextEra Energy and gave the company an “overweight” rating in a report on Friday, April 24th. Wall Street Zen raised NextEra Energy from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Finally, Scotiabank upped their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $99.86.

NextEra Energy Trading Down 0.1%

The firm has a market cap of $184.02 billion, a P/E ratio of 22.45, a price-to-earnings-growth ratio of 2.53 and a beta of 0.67. The stock has a fifty day simple moving average of $89.38 and a 200 day simple moving average of $88.63. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54.

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

NextEra Energy Dividend Announcement

The business also recently announced 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 was Friday, June 5th. This represents a $2.49 annualized dividend and a yield of 2.8%. NextEra Energy’s dividend payout ratio is currently 63.36%.

Institutional Trading of NextEra Energy

A number of large investors have recently made changes to their positions in the stock. Laurel Wealth Advisors LLC purchased a new stake in NextEra Energy during the 4th quarter valued at $25,000. Anfield Capital Management LLC grew its holdings in shares of NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 270 shares during the period. Wealth Watch Advisors INC grew its holdings in shares of NextEra Energy by 223.8% in 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 period. Osbon Capital Management LLC purchased a new stake in NextEra Energy during the fourth quarter valued at $27,000. Finally, Strive Asset Management LLC purchased a new stake in NextEra Energy during the third quarter valued at $29,000. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Company Profile

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.