KeyCorp Comments on NextEra Energy's Q3 Earnings (NYSE:NEE)

Key Points

• KeyCorp cut its Q3 2026 EPS estimate for NextEra Energy to $1.23 from $1.34, while projecting $3.96 EPS for FY2026 and $4.35 for FY2027.
• Analyst sentiment remains generally positive, with 18 Buy ratings and five Holds giving the stock a “Moderate Buy” consensus and an average price target of $99.70.
• NextEra’s shares opened at $78.27, while the company maintains a quarterly dividend of $0.6232, equivalent to a 3.2% annualized yield; institutional investors own 78.72% of outstanding shares.

NextEra Energy, Inc. (NYSE:NEE - Free Report) - Equities research analysts at KeyCorp lowered their Q3 2026 earnings per share estimates for NextEra Energy in a report released on Monday, October 12th. KeyCorp analyst S. Karp now anticipates that the utilities provider will post earnings per share of $1.23 for the quarter, down from their prior estimate of $1.34. The consensus estimate for NextEra Energy's current full-year earnings is $4.03 per share. KeyCorp also issued estimates for NextEra Energy's Q4 2026 earnings at $0.49 EPS, FY2026 earnings at $3.96 EPS, FY2027 earnings at $4.35 EPS, FY2029 earnings at $5.12 EPS and FY2030 earnings at $5.45 EPS.

Other analysts have also issued research reports about the stock. Sanford C. Bernstein reiterated an "outperform" rating and set a $108.00 price target on shares of NextEra Energy in a research report on Monday, July 27th. Bank of America lowered their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a "neutral" rating for the company in a research report on Monday, July 13th. Seaport Research Partners restated a "sell" rating and set a $56.00 target price (up from $55.00) on shares of NextEra Energy in a research note on Friday, October 2nd. Jefferies Financial Group restated a "hold" rating on shares of NextEra Energy in a research note on Thursday, October 8th. Finally, Barclays set a $91.00 target price on NextEra Energy and gave the company an "equal weight" rating in a report on Tuesday, July 7th. Eighteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $99.70.

NextEra Energy Stock Performance

Shares of NextEra Energy stock opened at $78.27 on Wednesday. The company has a 50 day moving average of $81.49 and a 200-day moving average of $86.85. NextEra Energy has a 1-year low of $74.41 and a 1-year high of $98.75. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The company has a market cap of $163.27 billion, a PE ratio of 17.59, a price-to-earnings-growth ratio of 2.41 and a beta of 0.64.

NextEra Energy (NYSE:NEE - Get Free Report) last posted 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. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business had revenue of $7.53 billion during the quarter, compared to analysts' expectations of $8.11 billion. During the same quarter in the prior year, the business posted $1.05 earnings per share. NextEra Energy's revenue 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.

Institutional Investors Weigh In On NextEra Energy

A number of hedge funds have recently made changes to their positions in the stock. Pin Oak Investment Advisors Inc. purchased a new stake in shares of NextEra Energy during the 2nd quarter valued at about $26,000. Kilter Group LLC bought a new position in shares of NextEra Energy in the 2nd quarter worth approximately $25,000. Manning & Napier Advisors LLC bought a new position in shares of NextEra Energy in the 2nd quarter worth approximately $26,000. Financial Life Planners purchased a new position in shares of NextEra Energy in the first quarter worth approximately $30,000. Finally, Osbon Capital Management LLC purchased a new position in shares of NextEra Energy in the fourth quarter worth approximately $27,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Dividend Announcement

The business 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. The ex-dividend date of this dividend was Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.2%. NextEra Energy's dividend payout ratio is 55.96%.

NextEra Energy News Summary

Here are the key news stories impacting NextEra Energy this week:

• Positive Sentiment: Wells Fargo reaffirmed its Buy rating and $108 price target, signaling substantial potential upside from current levels. The firm’s continued bullish stance supports sentiment around NextEra’s earnings growth and long-term utility and renewable-energy investments. NextEra Energy receives a Buy from Wells Fargo
• Positive Sentiment: A proposed settlement in a shareholder derivative lawsuit includes a $15.5 million insurance-funded payment and governance reforms. Resolving the litigation could remove an overhang for investors, although the governance changes may increase scrutiny of management and the board. Why NextEra Energy is getting attention today
• Positive Sentiment: Google’s agreement with Constellation Energy to secure 3.59 gigawatts of nuclear power is reinforcing the investment case for nuclear and reliable electricity as artificial-intelligence data-center demand grows. The deal is an industry-wide tailwind that could benefit NextEra’s generation and infrastructure opportunities, though it is not a direct contract for NEE. Nuclear ETFs in spotlight as Google and Constellation sign 3.6 GW deal
• Neutral Sentiment: Commentary points to two long-term growth drivers: Florida Power & Light’s regulated rate-base expansion and NextEra Energy Resources’ renewable-development pipeline. However, investors are weighing those opportunities against regulatory timing and whether future growth justifies the valuation. NextEra Energy has two growth drivers
• Negative Sentiment: Erste Group Bank trimmed its FY2026 EPS forecast to $4.02 from $4.03 and its FY2027 estimate to $4.38 from $4.39, maintaining a Hold rating. Although the reductions are small, they underscore limited near-term estimate momentum relative to the broader consensus.

NextEra Energy Company Profile

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), the company generates, transmits, distributes and sells electricity to customers across Florida. FPL serves residential, commercial and industrial customers and operates a diverse generation portfolio that includes natural gas, solar, nuclear and other resources.

NextEra Energy's other major business, NextEra Energy Resources, develops, owns and operates energy projects in the United States and Canada.

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