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NextEra Energy Inc. (NEE)
NYSE:NEE
Holding NEE?
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NEE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$50.95 - $86.10
Previous Close$83.78
Volume8.60M
Average Volume (3M)8.70M
Market Cap
$172.20B
Enterprise Value$263.58B
Total Cash (Recent Filing)$1.55B
Total Debt (Recent Filing)$82.63B
Price to Earnings (P/E)27.2
Beta0.44
Next Earnings
Oct 23, 2024EPS Estimate
$0.97Last Dividend Ex-Date
Aug 30, 2024Dividend Yield2.38%
Share Statistics
EPS (TTM)3.08
Shares Outstanding2,055,353,601
10 Day Avg. Volume9,110,468
30 Day Avg. Volume8,702,446
Standard Deviation0.08
R-Squared0.15
Alpha0.00408
Financial Highlights & Ratios
Price to Book (P/B)3.50
Price to Sales (P/S)6.71
Price to Cash Flow (P/CF)11.00
P/FCF Ratio11.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.20
Enterprise Value/Gross Profit14.66
Enterprise Value/Ebitda17.29
Forecast
1Y Price Target
$90.75Price Target Upside7.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
NextEra Energy News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceNEE reported adjusted EPS of USD0.96, beating consensus expectations by 7% and demonstrating strong financial performance.
Renewable Energy GrowthAs the largest US clean energy developer, NEE is well positioned to capitalize on the further increasing demand for renewables, between revised load forecasts and continued grid de-carbonization.
Strategic FocusNEE is simplifying its operations to focus on high-quality, contracted assets, particularly renewables, which could enhance its strategic positioning.
Bears Say
Growth ProspectsWhile the additions to backlog passed the 3GW mark in 2Q24, management is not expected to commit to that level prospectively, with growth acceleration starting to materialize more in 2028, beyond the current planning period.
Interest RatesRising interest rates could pose challenges on its expansion plans and lower its returns.
ValuationShares have substantially outperformed and now trade at a 30% premium once more to the average utility 2027 P/E.
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Ownership Overview
0.08% Insiders
20.37% Mutual Funds
1.16% Other Institutional Investors
58.07% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NEE FAQ
What was NextEra Energy Inc.’s price range in the past 12 months?
NextEra Energy Inc. lowest stock price was $50.95 and its highest was $86.10 in the past 12 months.
What is NextEra Energy Inc.’s market cap?
Currently, no data Available
When is NextEra Energy Inc.’s upcoming earnings report date?
NextEra Energy Inc.’s upcoming earnings report date is Oct 23, 2024 which is in 4 days.
How were NextEra Energy Inc.’s earnings last quarter?
NextEra Energy Inc. released its earnings results on Jul 24, 2024. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.949 by $0.011.
Is NextEra Energy Inc. overvalued?
According to Wall Street analysts NextEra Energy Inc.’s price is currently Undervalued.
Does NextEra Energy Inc. pay dividends?
NextEra Energy Inc. pays a Quarterly dividend of $0.51 which represents an annual dividend yield of 2.38%. See more information on NextEra Energy Inc. dividends here
What is NextEra Energy Inc.’s EPS estimate?
NextEra Energy Inc.’s EPS estimate is $0.97.
How many shares outstanding does NextEra Energy Inc. have?
NextEra Energy Inc. has 2,055,353,500 shares outstanding.
What happened to NextEra Energy Inc.’s price movement after its last earnings report?
NextEra Energy Inc. reported an EPS of $0.96 in its last earnings report, beating expectations of $0.949. Following the earnings report the stock price went up 4.578%.
Which hedge fund is a major shareholder of NextEra Energy Inc.?
Among the largest hedge funds holding NextEra Energy Inc.’s share is Mirova US LLC. It holds NextEra Energy Inc.’s shares valued at 271M.
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NextEra Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$90.75 (7.55% Upside)
$90.75 (7.55% Upside)
Blogger Sentiment
Bullish
NEE Sentiment 95%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 324.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $50.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
59.39%
12-Months-Change
Fundamentals
Return on Equity
13.45%
Trailing 12-Months
Asset Growth
9.78%
Trailing 12-Months
Company Description
NextEra Energy Inc.
NextEra Energy, Inc. is an energy company and is one of the largest electric power generators in the United States. Through its Florida Power & Light Company (FPL) business, the company provides clean, reliable and affordable electricity across Florida. NextEra Energy also owns a clean energy business, NextEra Energy Resources (NEER), which is the world's largest generator of renewable energy from wind and sun. The company was founded in 1984 and based in Juno Beach, Florida.
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NEE Company Deck
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NEE Earnings Call
Q2 2024
0:00 / 0:00
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NEE Stock 12 Month Forecast
Average Price Target
$90.75
▲(7.55% Upside)
Technical Analysis
Best Analysts Covering NEE
1 Year
1 Year Success Rate
19/24 ratings generated profit
1 Year Average Return
+19.02%
reiterated a buy rating 9 months ago
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