Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
NextEra Energy Inc. (NEE)
NYSE:NEE
NextEra Energy (NEE) Stock Price & Analysis
9,120 Followers
NEE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$46.04 - $79.95
Previous Close$72
Volume7.75M
Average Volume (3M)11.60M
Market Cap
$147.93B
Enterprise Value$236.97B
Total Cash (Recent Filing)$1.64B
Total Debt (Recent Filing)$79.94B
Price to Earnings (P/E)19.6
Beta0.64
Next Earnings
Jul 24, 2024EPS Estimate
$0.94Last Dividend Ex-Date
Jun 03, 2024Dividend Yield2.73%
Share Statistics
EPS (TTM)3.67
Shares Outstanding2,054,532,552
10 Day Avg. Volume14,604,949
30 Day Avg. Volume11,601,107
Standard Deviation0.07
R-Squared0.16
Alpha0.00568
Financial Highlights & Ratios
Price to Book (P/B)3.43
Price to Sales (P/S)5.32
Price to Cash Flow (P/CF)12.20
P/FCF Ratio40.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.73
Enterprise Value/Gross Profit13.18
Enterprise Value/Ebitda13.95
Forecast
1Y Price Target
$78.59Price Target Upside9.15% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering21
NextEra Energy News
PremiumCompany Announcements
NextEra Energy Appoints Medtronic CEO to Board of Directors
Bulls Say, Bears Say
Bulls Say
GuidanceThe company's guidance seems conservative, suggesting potential upside.
Market PositionNEER is strategically well positioned to capture market share of incremental power generation for data center developers.
Renewables GrowthManagement believes that the power demand backdrop will result in a material acceleration in renewable additions beginning in 2027.
Bears Say
Financial ChallengesRising interest rates could pose challenges on NEE's expansion plans and lower its returns.
Industry CompetitionSolar is perceived to be more competitive and offer lower returns than wind.
Stock PerformanceThe stock underperformed by ~5%, influenced by being well-owned into the event and limited upside to numbers based on the guidance refresh.
---
Ownership Overview
0.35% Insiders
21.83% Mutual Funds
21.42% Other Institutional Investors
56.40% 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.
---
NEE FAQ
What was NextEra Energy Inc.’s price range in the past 12 months?
NextEra Energy Inc. lowest stock price was $46.04 and its highest was $79.95 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 Jul 24, 2024 which is in 2 days.
How were NextEra Energy Inc.’s earnings last quarter?
NextEra Energy Inc. released its earnings results on Apr 23, 2024. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.808 by $0.102.
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 2.73%. See more information on NextEra Energy Inc. dividends here
What is NextEra Energy Inc.’s EPS estimate?
NextEra Energy Inc.’s EPS estimate is $0.94.
How many shares outstanding does NextEra Energy Inc. have?
NextEra Energy Inc. has 2,054,532,500 shares outstanding.
What happened to NextEra Energy Inc.’s price movement after its last earnings report?
NextEra Energy Inc. reported an EPS of $0.91 in its last earnings report, beating expectations of $0.808. Following the earnings report the stock price went up 1.356%.
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 240M.
---
NextEra Energy Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$78.59 (9.15% Upside)
$78.59 (9.15% Upside)
Blogger Sentiment
Bullish
NEE Sentiment 97%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 5.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.96%
12-Months-Change
Fundamentals
Return on Equity
16.37%
Trailing 12-Months
Asset Growth
8.83%
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.
---
NEE Company Deck
---
NEE Earnings Call
Q1 2024
0:00 / 0:00
---
NEE Stock 12 Month Forecast
Average Price Target
$78.59
▲(9.15% Upside)
Technical Analysis
Best Analysts Covering NEE
1 Year
1 Year Success Rate
19/24 ratings generated profit
1 Year Average Return
+15.37%
reiterated a buy rating 6 months ago
Copying Shahriar Pourreza's trades and holding each position for 1 Year would result in 79.17% of your transactions generating a profit, with an average return of +15.37% per trade.
---