Brokers Issue Forecasts for NextEra Energy FY2027 Earnings

Key Points

• Erste Group Bank lowered its FY2027 EPS forecast for NextEra Energy to $4.39 from $4.40 and maintained a “Hold” rating. The broader analyst consensus is a “Moderate Buy,” with an average price target of $100.33.
• NextEra’s latest quarterly results exceeded expectations on earnings, reporting $1.15 EPS versus the $1.11 consensus, while revenue rose 12.4% year over year to $7.53 billion but fell short of estimates.
• The company declared a quarterly dividend of $0.6232, equivalent to an annualized $2.49 payout and a 3.0% yield; institutional investors and hedge funds own 78.72% of the stock.

NextEra Energy, Inc. (NYSE:NEE - Free Report) - Research analysts at Erste Group Bank lowered their FY2027 earnings per share estimates for NextEra Energy in a note issued to investors on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now forecasts that the utilities provider will post earnings per share of $4.39 for the year, down from their prior estimate of $4.40. Erste Group Bank currently has a "Hold" rating on the stock. The consensus estimate for NextEra Energy's current full-year earnings is $4.01 per share.

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

A number of other brokerages have also commented on NEE. DA Davidson boosted their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a "buy" rating in a research report on Tuesday, May 5th. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $108.00 target price on shares of NextEra Energy in a research report on Monday, July 27th. Bank of America lowered their price target on shares of NextEra Energy from $95.00 to $93.00 and set a "neutral" rating on the stock in a research note on Monday, July 13th. Wall Street Zen cut shares of NextEra Energy from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 22nd. Finally, BMO Capital Markets raised 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. Seventeen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $100.33.

NextEra Energy Price Performance

Shares of NEE opened at $81.74 on Monday. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. NextEra Energy has a twelve month low of $69.24 and a twelve month high of $98.75. The stock has a market capitalization of $170.49 billion, a P/E ratio of 18.37, a P/E/G ratio of 2.24 and a beta of 0.67. The company has a 50 day moving average of $86.95 and a 200-day moving average of $89.70.

Hedge Funds Weigh In On NextEra Energy

A number of institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its stake in shares of NextEra Energy by 8,297.4% during the 2nd quarter. California State Teachers Retirement System now owns 222,175,185 shares of the utilities provider's stock worth $19,500,316,000 after purchasing an additional 219,529,415 shares during the last quarter. Geode Capital Management LLC lifted its stake in NextEra Energy by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider's stock valued at $3,781,790,000 after purchasing an additional 966,152 shares during the last quarter. Norges Bank acquired a new stake in NextEra Energy in the 4th quarter valued at about $2,816,327,000. Price T Rowe Associates Inc. MD grew its holdings in NextEra Energy by 6.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider's stock worth $1,474,407,000 after purchasing an additional 1,136,074 shares during the period. Finally, Deutsche Bank AG grew its holdings in NextEra Energy by 2.9% during the fourth quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider's stock worth $1,387,347,000 after purchasing an additional 485,854 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be paid a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. NextEra Energy's dividend payout ratio (DPR) is currently 55.96%.

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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