NextEra Energy, Inc. (NYSE:NEE – Free Report) – Analysts at Erste Group Bank dropped their FY2027 earnings per share (EPS) estimates for shares of NextEra Energy in a research note issued to investors on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now expects that the utilities provider will earn $4.39 per share for the year, down from their previous forecast of $4.40. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for NextEra Energy’s current full-year earnings is $4.01 per share.
NextEra Energy (NYSE:NEE – Get Free Report) last released its earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping the consensus estimate of $1.11 by $0.04. The firm had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS.
Check Out Our Latest Analysis on NEE
NextEra Energy Stock Up 0.8%
Shares of NEE stock opened at $82.46 on Monday. The company’s fifty day simple moving average is $86.88 and its two-hundred day simple moving average is $89.64. NextEra Energy has a 52 week low of $69.24 and a 52 week high of $98.75. The stock has a market cap of $172.00 billion, a P/E ratio of 18.53, a PEG ratio of 2.24 and a beta of 0.67. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45.
Institutional Investors Weigh In On NextEra Energy
Several hedge funds and other institutional investors have recently modified their holdings of NEE. Cornerstone Financial Management LLC boosted its position in NextEra Energy by 280.0% in the 2nd quarter. Cornerstone Financial Management LLC now owns 7,190 shares of the utilities provider’s stock valued at $631,000 after buying an additional 5,298 shares during the period. Corient Private Wealth LP raised its stake in shares of NextEra Energy by 32.3% during the second quarter. Corient Private Wealth LP now owns 2,531,453 shares of the utilities provider’s stock valued at $222,186,000 after acquiring an additional 617,513 shares in the last quarter. Formuepleje A S bought a new stake in shares of NextEra Energy during the second quarter valued at approximately $2,315,000. HORAN Wealth LLC boosted its holdings in shares of NextEra Energy by 2.5% in the second quarter. HORAN Wealth LLC now owns 52,430 shares of the utilities provider’s stock valued at $4,602,000 after purchasing an additional 1,300 shares during the period. Finally, Amundi boosted its holdings in shares of NextEra Energy by 46.5% in the second quarter. Amundi now owns 13,329,077 shares of the utilities provider’s stock valued at $1,169,839,000 after purchasing an additional 4,231,814 shares during the period. 78.72% of the stock is currently owned by hedge funds and other institutional investors.
NextEra Energy Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be issued a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio is presently 55.96%.
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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