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

Key Points

• Analysts remain broadly positive on NextEra Energy, with 17 buy ratings and six holds producing a consensus “Moderate Buy” rating. The average 12-month price target is approximately $100.33, with recent targets ranging from $96 to $114.
• NextEra reported quarterly EPS of $1.15, beating estimates of $1.11, while revenue rose 12.4% year over year to $7.53 billion but fell short of the $8.11 billion consensus estimate.
• The company declared a quarterly dividend of $0.6232 per share, equivalent to an annualized $2.49 payout and a 3.0% yield. Institutional investors own approximately 78.72% of the stock.

Shares of NextEra Energy, Inc. (NYSE:NEE - Get Free Report) have been assigned an average rating of "Moderate Buy" from the twenty-three analysts that are currently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $100.3333.

Several equities research analysts recently issued reports on NEE shares. BMO Capital Markets boosted their price objective on NextEra Energy from $94.00 to $96.00 and gave the company an "outperform" rating in a report on Monday, July 27th. DA Davidson boosted their price target on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a "buy" rating in a research note on Tuesday, May 5th. Erste Group Bank cut shares of NextEra Energy from a "buy" rating to a "hold" rating in a research report on Thursday, June 25th. Evercore reissued an "outperform" rating and issued a $107.00 price objective on shares of NextEra Energy in a research note on Monday, May 4th. Finally, Morgan Stanley set a $114.00 price objective on shares of NextEra Energy and gave the company an "overweight" rating in a report on Friday, August 21st.

NextEra Energy Price Performance

NextEra Energy stock opened at $81.74 on Monday. The company's 50 day simple moving average is $86.95 and its 200-day simple moving average is $89.70. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy has a 1 year low of $69.24 and a 1 year high of $98.75. The company has a market capitalization of $170.49 billion, a price-to-earnings ratio of 18.37, a price-to-earnings-growth ratio of 2.24 and a beta of 0.67.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter last year, the firm earned $1.05 EPS. The firm's revenue for the quarter was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities research analysts expect that NextEra Energy will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

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

Institutional Trading of NextEra Energy

A number of large investors have recently modified their holdings of the stock. Brighton Jones LLC grew its position in shares of NextEra Energy by 7.0% during the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider's stock worth $2,028,000 after buying an additional 1,840 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in NextEra Energy by 6.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider's stock worth $348,000 after acquiring an additional 298 shares during the last quarter. Acadian Asset Management LLC lifted its stake in NextEra Energy by 38.4% in the first quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider's stock worth $887,000 after acquiring an additional 3,479 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in NextEra Energy by 18.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider's stock worth $386,000 after acquiring an additional 852 shares in the last quarter. Finally, United Bank grew its holdings in NextEra Energy by 2.9% during the 2nd quarter. United Bank now owns 15,596 shares of the utilities provider's stock worth $1,083,000 after acquiring an additional 444 shares in the last quarter. Hedge funds and other 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.

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