NextEra Energy (NYSE:NEE) Stock Gets Price Target Reduction from Barclays

NextEra Energy (NYSE:NEE – Free Report) had its price objective trimmed by Barclays from $84.00 to $79.00 in a research note issued to investors on Friday, Marketbeat reports. The firm currently has an equal weight rating on the utilities provider’s stock.

NEE has been the topic of several other research reports. Erste Group Bank lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Scotiabank decreased their price target on NextEra Energy from $110.00 to $99.00 and set an “outperform” rating for the company in a report on Wednesday, September 30th. Wall Street Zen upgraded NextEra Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, October 17th. Mizuho lowered their price objective on NextEra Energy from $95.00 to $80.00 and set a “neutral” rating for the company in a research report on Tuesday, October 6th. Finally, HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, NextEra Energy currently has an average rating of “Moderate Buy” and an average target price of $97.71.

Check Out Our Latest Report on NEE

NextEra Energy Stock Up 0.1%

NextEra Energy stock opened at $82.15 on Friday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.45 and a current ratio of 0.53. NextEra Energy has a 52-week low of $74.41 and a 52-week high of $98.75. The firm has a 50 day moving average price of $80.55 and a two-hundred day moving average price of $86.12. The firm has a market cap of $172.29 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 2.55 and a beta of 0.64.

NextEra Energy (NYSE:NEE – Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.04. NextEra Energy had a net margin of 40.37% and a return on equity of 12.27%. The firm had revenue of $8.09 billion for the quarter, compared to the consensus estimate of $8.47 billion. During the same quarter in the previous year, the company earned $1.13 EPS. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. Equities analysts predict that NextEra Energy will post 4.00 EPS for the current year.

NextEra Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Friday, November 27th will be paid a $0.6232 dividend. The ex-dividend date is Friday, November 27th. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. NextEra Energy’s payout ratio is currently 44.86%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of NEE. Level Wealth Management LLC bought a new position in NextEra Energy during the third quarter worth $222,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its holdings in NextEra Energy by 5.0% in the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 59,368 shares of the utilities provider’s stock worth $4,497,000 after purchasing an additional 2,806 shares during the period. Kingswood Wealth Advisors LLC increased its stake in NextEra Energy by 5.0% in the third quarter. Kingswood Wealth Advisors LLC now owns 118,993 shares of the utilities provider’s stock valued at $9,012,000 after purchasing an additional 5,659 shares in the last quarter. Bright Futures Wealth Management LLC. bought a new stake in NextEra Energy in the third quarter valued at $1,048,000. Finally, Paladin Wealth LLC increased its stake in NextEra Energy by 10.9% in the third quarter. Paladin Wealth LLC now owns 8,265 shares of the utilities provider’s stock valued at $626,000 after purchasing an additional 812 shares in the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Key NextEra Energy News

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

  • Positive Sentiment: Earnings beat and guidance reaffirmed: NextEra reported third-quarter earnings of $1.24 per share, above the $1.20 consensus estimate, on revenue of $8.09 billion. Management is targeting the high end of its 2026 earnings guidance and reaffirmed its long-term earnings and dividend-growth targets. Bull case following earnings beat
  • Positive Sentiment: Renewables pipeline remains a growth driver: NextEra Energy Resources added 3.7 gigawatts to its renewables backlog, while the company secured $5.7 billion to support federal energy-hub projects. Strong demand from data centers and continued storage and renewable development support the long-term outlook. Federal energy hub funding
  • Positive Sentiment: Analyst support and dividend maintained: Scotiabank initiated or reiterated a Buy rating, while Sanford C. Bernstein reaffirmed an Outperform rating. The board also declared a $0.6232 quarterly dividend, equal to approximately $2.49 annually and a 3.1% yield. Scotiabank Buy rating
  • Neutral Sentiment: Dominion merger remains on track but carries risk: NextEra expects to close its Dominion Energy merger in the second half of 2027. However, regulatory approval, political opposition in Virginia and execution complexity could create uncertainty before completion. NextEra and Dominion merger risks
  • Negative Sentiment: Rate sensitivity and valuation concerns remain: Investors continue to question whether NEE’s recent multiyear gains and current dividend yield justify a premium valuation, particularly while higher interest rates pressure utilities. Barclays cut its price target from $84 to $79 and kept an Equal Weight rating; HSBC also reduced its target, from $114 to $103. Barclays rating and price target

About NextEra Energy

(Get Free Report)

NextEra Energy, Inc is an energy infrastructure company headquartered in Juno Beach, Florida. Through its businesses, the company generates, transmits, distributes and sells electricity, with a focus on regulated utility operations and clean energy development.

Florida Power & Light Company, NextEra Energy’s principal regulated utility, serves customers across much of Florida. FPL operates electric generation, transmission and distribution infrastructure and provides retail electricity service to residential, commercial and industrial customers.

NextEra Energy Resources develops, owns and operates renewable energy and energy storage projects, including wind and solar facilities.

Further Reading

Analyst Recommendations for NextEra Energy (NYSE:NEE)

Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.