NextEra Energy (NYSE:NEE – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.450-3.700 for the period, compared to the consensus EPS estimate of 3.664. The company issued revenue guidance of -. NextEra Energy also updated its FY 2026 guidance to 3.630-4.000 EPS.
NextEra Energy Stock Down 1.0%
NEE stock traded down $0.76 during trading on Thursday, hitting $72.06. 2,687,245 shares of the company’s stock traded hands, compared to its average volume of 12,266,566. The business has a fifty day simple moving average of $72.35 and a two-hundred day simple moving average of $70.42. The firm has a market capitalization of $148.35 billion, a P/E ratio of 27.02, a PEG ratio of 2.73 and a beta of 0.67. The company has a quick ratio of 0.45, a current ratio of 0.55 and a debt-to-equity ratio of 1.32. NextEra Energy has a 1 year low of $61.72 and a 1 year high of $86.10.
NextEra Energy (NYSE:NEE – Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The utilities provider reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.52 billion. NextEra Energy had a return on equity of 12.06% and a net margin of 21.81%. The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.96 EPS. Sell-side analysts anticipate that NextEra Energy will post 3.68 EPS for the current year.
NextEra Energy Announces Dividend
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on NEE. HSBC decreased their target price on shares of NextEra Energy from $88.00 to $86.00 and set a “buy” rating for the company in a research report on Friday, July 11th. JPMorgan Chase & Co. decreased their price objective on shares of NextEra Energy from $86.00 to $82.00 in a research report on Thursday, July 3rd. Erste Group Bank downgraded shares of NextEra Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 8th. BMO Capital Markets upped their price target on shares of NextEra Energy from $77.00 to $81.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, UBS Group dropped their price objective on shares of NextEra Energy from $94.00 to $84.00 and set a “buy” rating for the company in a research note on Friday, May 23rd. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, NextEra Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $84.42.
Check Out Our Latest Stock Analysis on NEE
Insider Buying and Selling
In related news, Treasurer James Michael May sold 2,177 shares of the stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $77.50, for a total transaction of $168,717.50. Following the completion of the transaction, the treasurer owned 27,662 shares of the company’s stock, valued at approximately $2,143,805. This trade represents a 7.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Charles E. Sieving sold 23,684 shares of the stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $70.00, for a total transaction of $1,657,880.00. Following the transaction, the executive vice president directly owned 196,817 shares of the company’s stock, valued at $13,777,190. The trade was a 10.74% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.20% of the company’s stock.
Institutional Investors Weigh In On NextEra Energy
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Revolve Wealth Partners LLC boosted its holdings in NextEra Energy by 6.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock worth $348,000 after buying an additional 298 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of 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 buying an additional 3,479 shares during the last quarter. Finally, Brighton Jones LLC grew its holdings in NextEra Energy by 7.0% in the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock valued at $2,028,000 after purchasing an additional 1,840 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.
About NextEra Energy
NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.
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