NextEra Energy, Inc. (NYSE:NEE) Stock Has Average Price Target of $99.30

Shares of NextEra Energy, Inc. (NYSE:NEE) have received a consensus rating of “Moderate Buy” from the twenty-three brokerages that are presently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $99.30.

A number of research firms have issued reports on NEE. Barclays set a $84.00 price target on NextEra Energy and gave the company an “equal weight” rating in a research note on Monday. Wall Street Zen raised NextEra Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday. Erste Group Bank lowered NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. HC Wainwright restated a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Finally, Morgan Stanley set a $110.00 target price on NextEra Energy and gave the company an “overweight” rating in a research report on Wednesday, October 14th.

Hedge Funds Weigh In On NextEra Energy

A number of hedge funds have recently bought and sold shares of the company. Pin Oak Investment Advisors Inc. purchased a new position in NextEra Energy during the second quarter worth about $26,000. Kilter Group LLC bought a new stake in NextEra Energy in the 2nd quarter worth about $25,000. Manning & Napier Advisors LLC purchased a new stake in NextEra Energy in the 2nd quarter valued at about $26,000. Financial Life Planners purchased a new stake in NextEra Energy in the 1st quarter valued at about $30,000. Finally, Axiom Investment Management LLC purchased a new stake in NextEra Energy in the 1st quarter valued at about $32,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Stock Down 2.0%

Shares of NYSE NEE opened at $78.21 on Tuesday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. The company has a 50-day moving average price of $81.00 and a 200-day moving average price of $86.48. The stock has a market capitalization of $163.14 billion, a P/E ratio of 17.58, a P/E/G ratio of 2.46 and a beta of 0.64. NextEra Energy has a 1 year low of $74.41 and a 1 year high of $98.75.

NextEra Energy (NYSE:NEE) last posted its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. During the same quarter in the prior year, the business posted $1.05 EPS. The firm’s revenue was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities research analysts forecast that NextEra Energy will post 4.03 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were given a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Friday, August 28th. NextEra Energy’s dividend payout ratio is presently 55.96%.

About NextEra Energy

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.