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NextEra Energy Inc. (NEE)
NYSE:NEE
NextEra Energy (NEE) Stock Price & Analysis
8,555 Followers
NEE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$46.34 - $77.38
Previous Close$64.01
Volume10.13M
Average Volume (3M)12.31M
Market Cap
$131.38B
Enterprise Value$213.45B
Total Cash (Recent Filing)$2.69B
Total Debt (Recent Filing)$73.21B
Price to Earnings (P/E)17.8
Beta0.79
Next Earnings
Apr 23, 2024EPS Estimate
$0.74Last Dividend Ex-Date
Feb 26, 2024Dividend Yield3%
Share Statistics
EPS (TTM)3.61
Shares Outstanding2,052,429,154
10 Day Avg. Volume10,851,915
30 Day Avg. Volume12,310,548
Standard Deviation0.07
R-Squared0.15
Alpha0.00299
Financial Highlights & Ratios
Price to Book (P/B)2.99
Price to Sales (P/S)4.66
Price to Cash Flow (P/CF)11.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.59
Enterprise Value/Gross Profit9.11
Enterprise Value/Ebitda13.24
Forecast
1Y Price Target
$70.08Price Target Upside9.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
NextEra Energy News
Bulls Say, Bears Say
Bulls Say
Competitive AdvantageNextEra Energy's industry-leading profile and significant competitive advantage due to its advanced technology and premier renewable development sites position it strongly within the sector.
Earnings And Financial StabilityNextEra Energy's estimate of $0.80 compares favorably with the current consensus estimate of $0.74, indicating potential market underestimation and a positive signal for the company's financial health.
Growth PotentialThe focus on NextEra Energy's 20GW renewable & storage backlog and demand for carbon-free energy highlights strong market interest and substantial growth potential.
Bears Say
Earnings RevisionAnalyst's estimate for NEE has been revised down due to a higher interest expense and dilution.
Expansion ChallengesKey risks include rising interest rates which could challenge expansion plans and supply chain disruptions that may delay solar and storage projects.
Trade Policy RiskThere is a potential risk for a more nationalist trade policy and restrictive tariffs which could impact the company.
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Ownership Overview
0.34% Insiders
22.18% Mutual Funds
20.34% Other Institutional Investors
57.13% 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 $46.34 and its highest was $77.38 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 Apr 23, 2024 which is in 4 days.
How were NextEra Energy Inc.’s earnings last quarter?
NextEra Energy Inc. released its earnings results on Jan 25, 2024. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.488 by $0.032.
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 3%. See more information on NextEra Energy Inc. dividends here
What is NextEra Energy Inc.’s EPS estimate?
NextEra Energy Inc.’s EPS estimate is $0.74.
How many shares outstanding does NextEra Energy Inc. have?
NextEra Energy Inc. has 2,052,429,200 shares outstanding.
What happened to NextEra Energy Inc.’s price movement after its last earnings report?
NextEra Energy Inc. reported an EPS of $0.52 in its last earnings report, beating expectations of $0.488. Following the earnings report the stock price went up 1.699%.
Which hedge fund is a major shareholder of NextEra Energy Inc.?
Among the largest hedge funds holding NextEra Energy Inc.’s share is Public Investment Fund. It holds NextEra Energy Inc.’s shares valued at 387M.
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NextEra Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$70.08 (9.48% Upside)
$70.08 (9.48% Upside)
Blogger Sentiment
Bullish
NEE Sentiment 97%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Decreased
By 7.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days <0.1%
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
-16.26%
12-Months-Change
Fundamentals
Return on Equity
16.86%
Trailing 12-Months
Asset Growth
11.67%
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
Q4 2024
0:00 / 0:00
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NEE Stock 12 Months Forecast
Average Price Target
$70.08
▲(9.48% Upside)
Technical Analysis
Best Analysts Covering NEE
1 Year
1 Year Success Rate
18/24 ratings generated profit
1 Year Average Return
+12.16%
reiterated a buy rating 3 months ago
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