NextEra Energy, Inc. (NYSE:NEE) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of NextEra Energy, Inc. (NYSE:NEE) have been given an average rating of “Moderate Buy” by the twenty research firms that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $98.3684.

NEE has been the topic of several research reports. Morgan Stanley set a $108.00 target price on NextEra Energy and gave the company an “overweight” rating in a research note on Friday, April 17th. Seaport Research Partners cut their target price on NextEra Energy from $56.00 to $55.00 and set a “sell” rating on the stock in a research note on Monday, February 2nd. HSBC boosted their target price on NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. UBS Group boosted their target price on NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Finally, Mizuho boosted their target price on NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th.

Insider Transactions at NextEra Energy

In other news, EVP Charles E. Sieving sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $90.00, for a total transaction of $2,700,000.00. Following the sale, the executive vice president owned 167,481 shares in the company, valued at $15,073,290. This represents a 15.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO John W. Ketchum sold 99,603 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $89.34, for a total value of $8,898,532.02. Following the sale, the chief executive officer owned 305,933 shares in the company, valued at approximately $27,332,054.22. This represents a 24.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 179,990 shares of company stock worth $16,155,409. Corporate insiders own 0.18% of the company’s stock.

Institutional Investors Weigh In On NextEra Energy

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of NextEra Energy by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after purchasing an additional 2,234,176 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of NextEra Energy by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock worth $3,781,790,000 after purchasing an additional 966,152 shares in the last quarter. Norges Bank bought a new stake in shares of NextEra Energy during the 4th quarter worth approximately $2,816,327,000. Price T Rowe Associates Inc. MD raised its stake in shares of NextEra Energy by 6.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider’s stock worth $1,474,407,000 after purchasing an additional 1,136,074 shares in the last quarter. Finally, Deutsche Bank AG raised its stake in shares of NextEra Energy by 2.9% during the 4th quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock worth $1,387,347,000 after purchasing an additional 485,854 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Price Performance

Shares of NEE opened at $95.53 on Tuesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. The stock has a 50 day simple moving average of $92.72 and a 200 day simple moving average of $87.19. NextEra Energy has a 52-week low of $63.88 and a 52-week high of $98.75. The firm has a market capitalization of $199.20 billion, a PE ratio of 24.31, a P/E/G ratio of 2.85 and a beta of 0.73.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.06. The business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.NextEra Energy’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Sell-side analysts predict that NextEra Energy will post 4 EPS for the current fiscal year.

NextEra Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were paid a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 2.6%. The ex-dividend date was Friday, February 27th. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.57. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

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.