NextEra Energy, Inc. (NYSE:NEE) Given Average Rating of “Moderate Buy” by Analysts

NextEra Energy, Inc. (NYSE:NEEGet Free Report) has earned an average rating of “Moderate Buy” from the twenty-one analysts that are covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, sixteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $99.20.

Several research firms recently issued reports on NEE. Wells Fargo & Company set a $102.00 price objective on shares of NextEra Energy and gave the company an “overweight” rating in a research note on Friday, April 24th. HSBC lifted their price objective on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Jefferies Financial Group lifted their price objective on shares of NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a research note on Tuesday, April 21st. Evercore reaffirmed an “outperform” rating and issued a $107.00 price objective on shares of NextEra Energy in a research note on Monday, May 4th. Finally, Weiss Ratings raised shares of NextEra Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday.

Get Our Latest Report on NextEra Energy

NextEra Energy Trading Down 0.3%

Shares of NYSE:NEE opened at $86.96 on Friday. The firm has a fifty day moving average of $92.25 and a two-hundred day moving average of $88.22. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. NextEra Energy has a 12-month low of $66.77 and a 12-month high of $98.75. The firm has a market capitalization of $181.33 billion, a P/E ratio of 22.13, a price-to-earnings-growth ratio of 2.56 and a beta of 0.73.

NextEra Energy (NYSE:NEEGet Free Report) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter in the prior year, the company posted $0.99 earnings per share. The firm’s revenue was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, equities analysts expect that NextEra Energy will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be given a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. NextEra Energy’s payout ratio is currently 63.36%.

Insiders Place Their Bets

In other NextEra Energy news, EVP Terrell Kirk Crews II sold 19,672 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $90.27, for a total transaction of $1,775,791.44. Following the completion of the transaction, the executive vice president owned 73,857 shares of the company’s stock, valued at $6,667,071.39. The trade was a 21.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Treasurer James Michael May sold 7,161 shares of the business’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $646,423.47. Following the transaction, the treasurer directly owned 26,719 shares of the company’s stock, valued at approximately $2,411,924.13. This represents a 21.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 31,767 shares of company stock valued at $2,881,077 in the last quarter. Insiders own 0.18% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of NEE. Laurel Wealth Advisors LLC acquired a new position in NextEra Energy during the 4th quarter worth $25,000. Anfield Capital Management LLC raised its position in shares of NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after buying an additional 270 shares during the last quarter. Wealth Watch Advisors INC raised its position in shares of NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares during the last quarter. Osbon Capital Management LLC acquired a new position in shares of NextEra Energy during the fourth quarter valued at about $27,000. Finally, Strive Asset Management LLC acquired a new position in shares of NextEra Energy during the third quarter valued at about $29,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Company Profile

(Get Free Report)

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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Analyst Recommendations for NextEra Energy (NYSE:NEE)

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