NextEra Energy, Inc. (NYSE:NEE) Stock Has Consensus Price Target of $99.30 According to Brokerages

Key Points

• Analyst consensus is “Moderate Buy” for NextEra Energy, with 17 buy ratings, five holds and one strong buy; the average 12-month price target is $99.30.
• Institutional investors and hedge funds own 78.72% of NEE shares, while several firms recently initiated or increased positions.
• Shares opened at $78.21, below the average analyst target, and the company recently reported quarterly EPS of $1.15 versus a $1.11 consensus estimate. NextEra also pays an annualized dividend of $2.49, yielding about 3.2%.

NextEra Energy, Inc. (NYSE:NEE - Get Free Report) has earned an average rating of "Moderate Buy" from the twenty-three analysts that are covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $99.30.

NEE has been the topic of several analyst reports. Jefferies Financial Group reaffirmed a "hold" rating on shares of NextEra Energy in a report on Thursday, October 8th. HC Wainwright reissued a "buy" rating on shares of NextEra Energy in a report on Monday, July 27th. Wall Street Zen upgraded shares of NextEra Energy from a "strong sell" rating to a "sell" rating in a research report on Saturday. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of NextEra Energy in a research note on Tuesday, September 8th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and set a $108.00 price objective on shares of NextEra Energy in a report on Monday, July 27th.

Institutional Investors Weigh In On NextEra Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of NEE. Kilter Group LLC bought a new stake in shares of NextEra Energy during the second quarter valued at approximately $25,000. Manning & Napier Advisors LLC acquired a new position in shares of NextEra Energy during the second quarter worth approximately $26,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of NextEra Energy during the second quarter worth approximately $26,000. Financial Life Planners bought a new position in shares of NextEra Energy in the 1st quarter worth $30,000. Finally, Financial Network Wealth Advisors LLC lifted its holdings in shares of NextEra Energy by 83.0% in the 2nd quarter. Financial Network Wealth Advisors LLC now owns 344 shares of the utilities provider's stock worth $30,000 after purchasing an additional 156 shares in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

NextEra Energy Price Performance

Shares of NEE stock opened at $78.21 on Tuesday. The stock's fifty day simple moving average is $81.00 and its 200 day simple moving average is $86.48. NextEra Energy has a one year low of $74.41 and a one year high of $98.75. The firm has a market cap of $163.14 billion, a price-to-earnings ratio of 17.58, a P/E/G ratio of 2.46 and a beta of 0.64. 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 - Get Free Report) last released its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.04. The firm had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%. The business's revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, analysts expect that NextEra Energy will post 4.03 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th were issued a $0.6232 dividend. This represents a $2.49 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, August 28th. NextEra Energy's payout ratio is presently 55.96%.

NextEra Energy Company Profile

NextEra Energy, Inc is an energy infrastructure company headquartered in Juno Beach, Florida. Through its businesses, the company generates, transmits, distributes and sells electricity, with a focus on regulated utility operations and clean energy development.

Florida Power & Light Company, NextEra Energy's principal regulated utility, serves customers across much of Florida. FPL operates electric generation, transmission and distribution infrastructure and provides retail electricity service to residential, commercial and industrial customers.

NextEra Energy Resources develops, owns and operates renewable energy and energy storage projects, including wind and solar facilities.

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