NextEra Energy (NYSE:NEE) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, January 25th. Analysts expect NextEra Energy to post earnings of $1.35 per share for the quarter. NextEra Energy has set its FY17 guidance at $6.35-6.85 EPS and its FY18 guidance at $6.80-7.30 EPS.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Thursday, October 26th. The utilities provider reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.08. The business had revenue of $4.81 billion during the quarter, compared to analyst estimates of $4.89 billion. NextEra Energy had a net margin of 24.81% and a return on equity of 11.86%. The firm’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter last year, the business earned $1.74 EPS. On average, analysts expect NextEra Energy to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

NextEra Energy (NEE) opened at $151.88 on Thursday. The stock has a market cap of $71,440.00, a P/E ratio of 17.07, a P/E/G ratio of 2.78 and a beta of 0.31. NextEra Energy has a fifty-two week low of $117.91 and a fifty-two week high of $159.40. The company has a quick ratio of 0.49, a current ratio of 0.61 and a debt-to-equity ratio of 1.11.

A number of research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of NextEra Energy from a “hold” rating to a “buy” rating and set a $178.00 price objective for the company in a report on Tuesday, December 12th. Credit Suisse Group assumed coverage on shares of NextEra Energy in a report on Thursday, December 7th. They issued an “outperform” rating and a $173.00 price objective for the company. Morgan Stanley raised their price objective on shares of NextEra Energy from $173.00 to $175.00 and gave the company an “overweight” rating in a report on Wednesday, December 13th. Argus reiterated a “buy” rating and issued a $173.00 price objective on shares of NextEra Energy in a report on Tuesday, December 5th. They noted that the move was a valuation call. Finally, Guggenheim restated a “buy” rating and set a $177.00 price target on shares of NextEra Energy in a report on Wednesday, January 3rd. Two research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $159.56.

In other news, Director James L. Robo sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $151.52, for a total transaction of $4,545,600.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Armando Pimentel, Jr. sold 42,372 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $157.45, for a total transaction of $6,671,471.40. Following the sale, the chief executive officer now directly owns 121,958 shares of the company’s stock, valued at approximately $19,202,287.10. The disclosure for this sale can be found here. 0.53% of the stock is currently owned by company insiders.

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NextEra Energy Company Profile

NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power companies in North America and, through its subsidiary NextEra Energy Resources, LLC (NEER) and its affiliated entities, is the generator of renewable energy from the wind and sun. NEE also owns and/or operates generation, transmission and distribution facilities to support its services to retail and wholesale customers, and has investments in gas infrastructure assets.

Earnings History for NextEra Energy (NYSE:NEE)

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