NextEra Energy (NYSE:NEE) Stock Rating Lowered by Wall Street Zen

NextEra Energy (NYSE:NEE) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Other equities analysts also recently issued research reports about the stock. BMO Capital Markets reduced their target price on shares of NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a research note on Monday, May 18th. DA Davidson upped their price target on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Barclays set a $90.00 price objective on shares of NextEra Energy and gave the stock an “equal weight” rating in a report on Tuesday, May 26th. BTIG Research reiterated a “buy” rating and issued a $112.00 price objective on shares of NextEra Energy in a research note on Friday, April 24th. Finally, Scotiabank boosted their target price on shares of NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and an average price target of $99.86.

NextEra Energy Stock Down 0.1%

NEE stock opened at $88.24 on Friday. The stock has a fifty day moving average of $89.34 and a 200-day moving average of $88.63. NextEra Energy has a fifty-two week low of $69.24 and a fifty-two week high of $98.75. The company has a market capitalization of $184.02 billion, a price-to-earnings ratio of 22.45, a PEG ratio of 2.59 and a beta of 0.67. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. The business had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, equities research analysts predict that NextEra Energy will post 4.01 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Anfield Capital Management LLC raised its stake in NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC bought a new position in shares of NextEra Energy in the 4th quarter worth $25,000. Financial Life Planners purchased a new stake in shares of NextEra Energy during the 1st quarter valued at $30,000. Wealth Watch Advisors INC raised its position in shares of NextEra Energy by 223.8% during the 4th 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 in the last quarter. Finally, Manning & Napier Advisors LLC lifted its holdings in shares of NextEra Energy by 104.9% during the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 172 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

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.