NextEra Energy (NYSE:NEE) Trading Down 1.6% – Should You Sell?

NextEra Energy, Inc. (NYSE:NEE)’s stock price dropped 1.6% during trading on Friday . The stock traded as low as $83.54 and last traded at $83.71. Approximately 11,884,230 shares traded hands during mid-day trading, an increase of 13% from the average session volume of 10,550,063 shares. The stock had previously closed at $85.03.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on NEE shares. Jefferies Financial Group set a $94.00 price target on shares of NextEra Energy in a research report on Tuesday, July 14th. HC Wainwright restated a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. DA Davidson upped their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Wall Street Zen downgraded NextEra Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday. Finally, Mizuho set a $95.00 target price on NextEra Energy in a report on Monday, July 27th. Seventeen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $100.33.

NextEra Energy Stock Down 1.6%

The firm’s 50-day simple moving average is $87.22 and its 200 day simple moving average is $89.88. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The stock has a market capitalization of $174.60 billion, a P/E ratio of 18.81, a PEG ratio of 2.29 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. The company had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, research analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be given a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 3.0%. NextEra Energy’s dividend payout ratio is 55.96%.

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. Indivisible Partners acquired a new stake in NextEra Energy during the 4th quarter worth approximately $1,355,000. Czech National Bank raised its stake in NextEra Energy by 4.7% in the 2nd quarter. Czech National Bank now owns 593,568 shares of the utilities provider’s stock worth $52,097,000 after purchasing an additional 26,378 shares in the last quarter. Swedbank AB raised its stake in NextEra Energy by 13.4% in 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 in the last quarter. Annex Advisory Services LLC boosted its holdings in NextEra Energy by 13.9% in the 2nd quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider’s stock valued at $62,405,000 after purchasing an additional 86,585 shares during the period. Finally, MGO One Seven LLC boosted its holdings in NextEra Energy by 12.1% in the 4th quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider’s stock valued at $11,018,000 after purchasing an additional 14,828 shares during the period. Institutional investors own 78.72% of the company’s stock.

About NextEra Energy

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.