NextEra Energy (NYSE:NEE) Shares Up 1% – Time to Buy?

NextEra Energy, Inc. (NYSE:NEE) was up 1% during trading on Thursday . The company traded as high as $84.25 and last traded at $83.96. Approximately 11,281,096 shares traded hands during trading, an increase of 7% from the average session volume of 10,560,933 shares. The stock had previously closed at $83.10.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on NEE. Wall Street Zen lowered shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, August 22nd. Sanford C. Bernstein reiterated an “outperform” rating and issued a $108.00 price objective on shares of NextEra Energy in a report on Monday, July 27th. Jefferies Financial Group set a $94.00 price objective on shares of NextEra Energy in a research report on Tuesday, July 14th. Weiss Ratings downgraded NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Finally, Erste Group Bank lowered NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Seventeen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and an average price target of $100.33.

NextEra Energy Stock Up 1.0%

The stock has a market capitalization of $175.12 billion, a price-to-earnings ratio of 18.87, a PEG ratio of 2.57 and a beta of 0.65. The firm’s fifty day moving average is $86.72 and its 200-day moving average is $89.52. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44.

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

NextEra Energy Announces Dividend

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

Institutional Investors Weigh In On NextEra Energy

A number of institutional investors have recently made changes to their positions in the company. Pin Oak Investment Advisors Inc. bought a new position in NextEra Energy during the second quarter worth $26,000. Kilter Group LLC bought a new stake in NextEra Energy during the second quarter valued at $25,000. Manning & Napier Advisors LLC acquired a new stake in shares of NextEra Energy during the second quarter worth $26,000. Anfield Capital Management LLC lifted its position in shares of NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after buying an additional 270 shares during the last quarter. Finally, Financial Life Planners bought a new position in shares of NextEra Energy in the 1st quarter worth about $30,000. 78.72% of the stock is currently owned by institutional investors.

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.