NextEra Energy, Inc. (NYSE:NEE – Free Report) – Equities research analysts at Erste Group Bank upped their FY2026 earnings per share (EPS) estimates for NextEra Energy in a research report issued to clients and investors on Friday, June 5th. Erste Group Bank analyst S. Lingnau now forecasts that the utilities provider will post earnings per share of $4.03 for the year, up from their previous estimate of $4.02. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for NextEra Energy’s current full-year earnings is $4.01 per share.
Other equities research analysts also recently issued research reports about the company. Weiss Ratings raised NextEra Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, May 26th. UBS Group raised their price target on NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. TD Cowen raised their price target on NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Wells Fargo & Company set a $102.00 price target on NextEra Energy and gave the stock an “overweight” rating in a report on Friday, April 24th. Finally, BMO Capital Markets lowered their price target on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $99.20.
NextEra Energy Price Performance
Shares of NYSE NEE opened at $85.15 on Thursday. 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 company has a market cap of $177.56 billion, a PE ratio of 21.67, a P/E/G ratio of 2.49 and a beta of 0.68. The business has a 50-day simple moving average of $91.24 and a two-hundred day simple moving average of $88.25. NextEra Energy has a fifty-two week low of $67.20 and a fifty-two week high of $98.75.
NextEra Energy (NYSE:NEE – Get 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 the consensus estimate of $1.03 by $0.06. The business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The company’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the company earned $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS.
NextEra Energy Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be issued a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. NextEra Energy’s payout ratio is 63.36%.
Insider Activity at NextEra Energy
In related news, EVP Nicole J. Daggs sold 4,934 shares of NextEra Energy stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $93.00, for a total transaction of $458,862.00. Following the completion of the sale, the executive vice president owned 16,905 shares of the company’s stock, valued at $1,572,165. The trade was a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.18% of the stock is owned by company insiders.
Institutional Investors Weigh In On NextEra Energy
A number of institutional investors and hedge funds have recently modified their holdings of NEE. Brighton Jones LLC lifted its holdings in shares of NextEra Energy by 7.0% during the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock worth $2,028,000 after purchasing an additional 1,840 shares during the period. Revolve Wealth Partners LLC lifted its holdings in NextEra Energy by 6.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock valued at $348,000 after acquiring an additional 298 shares during the period. Acadian Asset Management LLC lifted its holdings in NextEra Energy by 38.4% in the first quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock valued at $887,000 after acquiring an additional 3,479 shares during the period. Sivia Capital Partners LLC lifted its holdings in NextEra Energy by 18.1% in the second quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock valued at $386,000 after acquiring an additional 852 shares during the period. Finally, United Bank lifted its holdings in NextEra Energy by 2.9% in the second quarter. United Bank now owns 15,596 shares of the utilities provider’s stock valued at $1,083,000 after acquiring an additional 444 shares during the period. Institutional investors and hedge funds own 78.72% of the company’s stock.
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.
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