Share on StockTwits
 

Shares of NextEra Energy (NYSE:NEE) have been given a consensus rating of “Buy” by the eighteen analysts that are covering the company, American Banking and Market News reports. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $89.93.

Shares of NextEra Energy (NYSE:NEE) traded down 0.77% during mid-day trading on Monday, hitting $91.22. The stock had a trading volume of 3,234,471 shares. NextEra Energy has a 52-week low of $71.42 and a 52-week high of $92.25. The stock’s 50-day moving average is $86.14 and its 200-day moving average is $84.1. The company has a market cap of $39.589 billion and a price-to-earnings ratio of 208.93.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Tuesday, January 28th. The company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by $0.02. The company had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.83 billion. During the same quarter in the previous year, the company posted $1.03 earnings per share. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. Analysts expect that NextEra Energy will post $5.31 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of NextEra Energy in a research note to investors on Wednesday, January 29th. They now have a $93.00 price target on the stock. Separately, analysts at UBS AG raised their EPS on shares of NextEra Energy in a research note to investors on Thursday, January 23rd. They now have a “hold” rating and a $93.00 price target on the stock. Finally, analysts at Barclays cut their price target on shares of NextEra Energy from $94.00 to $91.00 in a research note to investors on Monday, January 6th. They now have an “overweight” rating on the stock.

NextEra Energy, Inc (NYSE:NEE) is one of the electric power companies in North America, with over 42,000 megawatt of generating capacity in 26 states in the United States and four provinces in Canada.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.