NextEra Energy, Inc. (NYSE:NEE – Get Free Report)’s stock price traded down 1.1% on Thursday . The stock traded as low as $84.60 and last traded at $84.97. 10,431,824 shares traded hands during trading, a decline of 1% from the average daily volume of 10,534,644 shares. The stock had previously closed at $85.91.
Analyst Ratings Changes
Several brokerages have commented on NEE. Wall Street Zen downgraded NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Weiss Ratings downgraded shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. HSBC boosted their target price on shares of NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Bank of America cut their target price on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. Finally, Wells Fargo & Company set a $102.00 price target on shares of NextEra Energy and gave the company an “overweight” rating in a report on Friday, April 24th. Seventeen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $100.43.
View Our Latest Stock Report on NextEra Energy
NextEra Energy Price Performance
NextEra Energy (NYSE:NEE – Get Free Report) last announced its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. The company had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.
NextEra Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be paid a dividend of $0.6232 per share. The ex-dividend date is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.
Institutional Investors Weigh In On NextEra Energy
Several large investors have recently modified their holdings of NEE. NINE MASTS CAPITAL Ltd acquired a new position in shares of NextEra Energy in the 2nd quarter worth approximately $1,786,000. Oarsman Capital Inc. bought a new stake in NextEra Energy in the second quarter valued at $241,000. Headlands Technologies LLC bought a new stake in NextEra Energy in the second quarter valued at $392,000. Sigma Planning Corp grew its position in NextEra Energy by 2.5% in the second quarter. Sigma Planning Corp now owns 113,356 shares of the utilities provider’s stock valued at $9,949,000 after acquiring an additional 2,745 shares during the period. Finally, Benjamin Edwards Inc. raised its stake in NextEra Energy by 13.2% during the second quarter. Benjamin Edwards Inc. now owns 437,768 shares of the utilities provider’s stock worth $38,424,000 after acquiring an additional 50,926 shares in the last quarter. 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.
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