KeyCorp Predicts NextEra Energy’s FY2027 Earnings (NYSE:NEE)

NextEra Energy, Inc. (NYSE:NEE) – Research analysts at KeyCorp issued their FY2027 earnings per share estimates for shares of NextEra Energy in a research note issued to investors on Wednesday, October 15th. KeyCorp analyst S. Karp anticipates that the utilities provider will post earnings per share of $4.22 for the year. The consensus estimate for NextEra Energy’s current full-year earnings is $3.68 per share. KeyCorp also issued estimates for NextEra Energy’s FY2028 earnings at $4.36 EPS and FY2029 earnings at $4.57 EPS.

NEE has been the subject of several other reports. Barclays set a $87.00 price objective on NextEra Energy and gave the company an “equal weight” rating in a report on Tuesday. BMO Capital Markets lifted their price objective on NextEra Energy from $77.00 to $81.00 and gave the company an “outperform” rating in a report on Monday, July 21st. BTIG Research set a $98.00 price target on NextEra Energy and gave the company a “buy” rating in a research note on Tuesday. HSBC decreased their price target on NextEra Energy from $88.00 to $86.00 and set a “buy” rating on the stock in a research note on Friday, July 11th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of NextEra Energy in a research note on Tuesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $88.38.

NextEra Energy Price Performance

Shares of NYSE NEE opened at $83.97 on Monday. The stock has a market capitalization of $172.92 billion, a PE ratio of 29.36, a P/E/G ratio of 2.87 and a beta of 0.66. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.54 and a quick ratio of 0.45. The business has a fifty day moving average price of $76.03 and a two-hundred day moving average price of $72.44. NextEra Energy has a fifty-two week low of $61.72 and a fifty-two week high of $86.74.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Wednesday, July 23rd. The utilities provider reported $1.05 earnings per share for the quarter, beating the consensus estimate 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 12.31% and a net margin of 22.84%.The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.96 EPS.

Institutional Investors Weigh In On NextEra Energy

Hedge funds and other institutional investors have recently bought and sold shares of the company. Sax Wealth Advisors LLC grew its position in shares of NextEra Energy by 0.6% in the 3rd quarter. Sax Wealth Advisors LLC now owns 19,380 shares of the utilities provider’s stock valued at $1,463,000 after buying an additional 118 shares during the last quarter. apricus wealth LLC grew its position in shares of NextEra Energy by 3.8% in the 3rd quarter. apricus wealth LLC now owns 3,272 shares of the utilities provider’s stock valued at $247,000 after buying an additional 120 shares during the last quarter. Princeton Global Asset Management LLC grew its position in shares of NextEra Energy by 0.3% in the 3rd quarter. Princeton Global Asset Management LLC now owns 48,300 shares of the utilities provider’s stock valued at $3,646,000 after buying an additional 134 shares during the last quarter. Arkfeld Wealth Strategies L.L.C. grew its position in shares of NextEra Energy by 0.9% in the 2nd quarter. Arkfeld Wealth Strategies L.L.C. now owns 15,249 shares of the utilities provider’s stock valued at $1,140,000 after buying an additional 136 shares during the last quarter. Finally, Veltria Advisors Corp. grew its position in shares of NextEra Energy by 4.8% in the 2nd quarter. Veltria Advisors Corp. now owns 3,024 shares of the utilities provider’s stock valued at $210,000 after buying an additional 139 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

Insider Transactions at NextEra Energy

In related news, EVP Robert Coffey sold 7,500 shares of the business’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $71.84, for a total transaction of $538,800.00. Following the sale, the executive vice president owned 26,539 shares in the company, valued at $1,906,561.76. The trade was a 22.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Charles E. Sieving sold 11,336 shares of the business’s stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $80.00, for a total value of $906,880.00. Following the sale, the executive vice president owned 167,481 shares in the company, valued at $13,398,480. This represents a 6.34% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 30,528 shares of company stock worth $2,277,773. 0.18% of the stock is currently owned by insiders.

NextEra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Thursday, August 28th were given a dividend of $0.5665 per share. The ex-dividend date was Thursday, August 28th. This represents a $2.27 dividend on an annualized basis and a yield of 2.7%. NextEra Energy’s payout ratio is currently 79.37%.

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.