NextEra Energy, Inc. (NYSE:NEE) Receives $99.90 Consensus Target Price from Analysts

NextEra Energy, Inc. (NYSE:NEEGet Free Report) has earned an average rating of “Moderate Buy” from the twenty-three analysts that are covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $99.6364.

A number of research firms have recently issued reports on NEE. Sanford C. Bernstein set a $107.00 price objective on shares of NextEra Energy and gave the company an “outperform” rating in a research note on Tuesday, June 16th. DA Davidson boosted their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Scotiabank upped their target price on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Wall Street Zen raised NextEra Energy from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, Weiss Ratings downgraded NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th.

View Our Latest Stock Analysis on NEE

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Indivisible Partners acquired a new position in NextEra Energy in the fourth quarter valued at approximately $1,355,000. Carnegie Investment Counsel grew its stake in shares of NextEra Energy by 9.4% during the 4th quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock worth $36,780,000 after purchasing an additional 39,250 shares during the period. Swedbank AB grew its stake in shares of NextEra Energy by 13.4% during the 4th quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock worth $81,615,000 after purchasing an additional 120,389 shares during the period. Fisher Funds Management LTD increased its holdings in shares of NextEra Energy by 3.5% during the 4th quarter. Fisher Funds Management LTD now owns 619,640 shares of the utilities provider’s stock valued at $49,884,000 after purchasing an additional 20,709 shares in the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of NextEra Energy during the 3rd quarter valued at approximately $21,446,000. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

NextEra Energy Stock Performance

NEE stock opened at $89.32 on Friday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. NextEra Energy has a 1-year low of $69.24 and a 1-year high of $98.75. The business has a 50-day moving average price of $88.03 and a 200 day moving average price of $89.18. The company has a market capitalization of $186.27 billion, a P/E ratio of 22.73, a PEG ratio of 2.44 and a beta of 0.67.

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

NextEra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were issued a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s dividend payout ratio is currently 63.36%.

NextEra Energy News Summary

Here are the key news stories impacting NextEra Energy this week:

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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