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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
Most-Downgraded StocksMost-Downgraded

NextEra Energy Stock Price, News & Analysis (NYSE:NEE)

$60.20
+1.97 (+3.38%)
(As of 12/6/2023 ET)
Compare
Today's Range
$58.62
▼
$60.26
50-Day Range
$49.34
▼
$60.20
52-Week Range
$47.15
▼
$88.61
Volume
13.12 million shs
Average Volume
10.09 million shs
Market Capitalization
$123.51 billion
P/E Ratio
15.93
Dividend Yield
3.11%
Price Target
$73.46
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

NextEra Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
22.0% Upside
$73.46 Price Target
Short Interest
Healthy
1.08% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.21
Upright™ Environmental Score
News Sentiment
1.18mentions of NextEra Energy in the last 14 days
Based on 24 Articles This Week
Insider Trading
Acquiring Shares
$74.99 M Bought Last Quarter
Proj. Earnings Growth
8.65%
From $3.12 to $3.39 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.16 out of 5 stars

Utilities Sector

2nd out of 85 stocks

Electric Services Industry

2nd out of 36 stocks

See Top Rated MarketRank™ Stocks Here

NEE stock logo

About NextEra Energy Stock (NYSE:NEE)

NextEra Energy, Inc. is the largest electric utility holding company in the US. It operates a network of power generation and distribution facilities that include fossil-fuel-generated and green energy. As of mid-2022, the company was capable of generating 58 GW of electricity with nearly 60% of the load produced by green sources including wind and solar. In their view, going green isn’t an option, it’s the solution. NextEra Energy has been recognized multiple times as a leader in clean energy and ESG practices and was ranked the #1 electric and gas utility on the Forbes list of Most Admired Companies.

The company is the result of several mergers that begin with FPL Group. FPL Group is now a subsidiary of NextEra Energy and the third-largest provider of electricity in the US servicing nearly half of Florida. FPL and its affiliates are the single largest provider of renewable energy generated from wind and sun. The group changed its name in 2010 following a decision to shift focus onto renewable energy sources.

Today, NextEra Energy, Inc through its subsidiary FPL serves about 12 million people in eastern and southwestern Florida. The company employs nearly 14,900 people who service 5.8 million accounts. The company is in business to generate, transmit, and distribute electricity to retail and wholesale clients. Electricity is generated through wind, solar, nuclear, natural gas, and coal-fired facilities.

The company is also engaged in the construction and operation of new facilities, specifically renewable power generation, storage, and delivery facilities, and can offer custom solutions tailored to any need. Offerings include tailored services to assist businesses with their transition to clean energy.

NextEra Energy also owns and operates 7 nuclear power stations in Florida, New Hampshire, and Wisconsin generating power for the wholesale market.

Unlike other companies that are targeting net-zero emissions, NextEra Energy has a plan to reach real zero and is investing heavily to reach that goal by 2045. The company had invested nearly $50 billion in green energy infrastructure and initiatives by mid-2022. The plan is to first work on reducing its own emissions and then take its knowledge and expertise to the world.

 

NEE Stock Price History

NEE Stock News Headlines

December 4, 2023 | marketbeat.com
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts (NEE)
No matter which holiday you're planning gifts for, Christmas, Hanukkah, or some other occasion, there may be one great gift idea you haven't thought of yet.
November 14, 2023 | marketbeat.com
Utilities may be the best play for a turbulent holiday quarter (NEE)
Utility stocks are well-positioned to ride out winter volatility and pay a high, inflation-beating dividend yield with distribution growth in the forecast.
December 7, 2023 | Edge On The Street (Ad)
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December 6, 2023 | fool.com
Why NextEra Energy and NextEra Energy Partners Are Both Charging Higher Today
December 6, 2023 | seekingalpha.com
NextEra Poised For Surge From Market Bottom (Rating Upgrade)
December 5, 2023 | finance.yahoo.com
2 Better High-Yield Stocks to Buy Than NextEra Energy
December 5, 2023 | seekingalpha.com
NextEra Energy Partners Looks Oversold
December 5, 2023 | finance.yahoo.com
NextEra Energy, Inc. (NYSE:NEE) Delivered A Better ROE Than Its Industry
December 7, 2023 | Autonomix (Ad)
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December 4, 2023 | finance.yahoo.com
NextEra Energy Partners, LP announces the pricing of $750 million of 7.25% senior unsecured notes due 2029
December 4, 2023 | finance.yahoo.com
Rise in 10-Year Treasury Yield Dragged NextEra Energy (NEE) in Q3
December 3, 2023 | oilprice.com
Why Utilities Might Be the Best Buying Opportunity Right Now
December 3, 2023 | finance.yahoo.com
20 Most Expensive Cities to Live in Florida
December 1, 2023 | finance.yahoo.com
NextEra Energy, Inc. (NYSE:NEE) is largely controlled by institutional shareholders who own 80% of the company
December 1, 2023 | americanbankingnews.com
Stock Traders Buy High Volume of Put Options on NextEra Energy (NYSE:NEE)
November 30, 2023 | finance.yahoo.com
2 Stocks Down More Than 60% to Buy Right Now
November 30, 2023 | markets.businessinsider.com
Maintaining Hold on NextEra Energy Amid Growth Prospects and Strategic Caution
November 30, 2023 | americanbankingnews.com
NextEra Energy (NYSE:NEE) Given New $67.00 Price Target at JPMorgan Chase & Co.
November 29, 2023 | benzinga.com
P/E Ratio Insights for NextEra Energy
November 28, 2023 | msn.com
NextEra Energy, Inc. UNIT 09/01/25 goes ex dividend tomorrow
November 24, 2023 | finance.yahoo.com
Black Friday Sale: These 3 Wealth-Creating Dividend Stocks Are on Sale Right Now.
November 23, 2023 | finance.yahoo.com
NextEra Energy Partners (NEP) Down 8.9% Since Last Earnings Report: Can It Rebound?
November 23, 2023 | finance.yahoo.com
NextEra (NEE) Up 1.8% Since Last Earnings Report: Can It Continue?
November 22, 2023 | finance.yahoo.com
2 Energy Stocks to Buy at a Discount
November 20, 2023 | finance.yahoo.com
NextEra Energy Partners, LP announces anticipated effective date of resale registration statement with respect to common units issuable upon conversion of 2.50% convertible senior notes due 2026
November 15, 2023 | benzinga.com
Spotlight on NextEra Energy: Analyzing the Surge in Options Activity
November 15, 2023 | finance.yahoo.com
This Elite Dividend Stock Is a Screaming Buy
See More Headlines
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Company Calendar

Ex-Dividend for 9/15 Dividend
8/29/2023
Dividend Payable
9/15/2023
Last Earnings
10/24/2023
Ex-Dividend for 12/15 Dividend
11/22/2023
Today
12/06/2023
Dividend Payable
12/15/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/24/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
Current Symbol
NYSE:NEE
CUSIP
65339F10
CIK
753308
Web
www.nexteraenergy.com
Phone
(561) 694-4000
Fax
561-694-4999
Employees
9,300
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$73.46
High Stock Price Target
$96.00
Low Stock Price Target
$53.00
Potential Upside/Downside
+21.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
14 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$3.78
Trailing P/E Ratio
15.93
Forward P/E Ratio
19.29
P/E Growth
2.32
Net Income
$4.15 billion
Net Margins
27.82%
Pretax Margin
28.47%
Return on Equity
12.15%
Return on Assets
3.85%

Debt

Debt-to-Equity Ratio
1.05
Current Ratio
0.50
Quick Ratio
0.43

Sales & Book Value

Annual Sales
$20.96 billion
Price / Sales
5.89
Cash Flow
$5.39 per share
Price / Cash Flow
11.16
Book Value
$24.32 per share
Price / Book
2.48

Miscellaneous

Outstanding Shares
2,051,710,000
Free Float
2,048,015,000
Market Cap
$123.51 billion
Optionable
Optionable
Beta
0.51

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NEE Stock Analysis - Frequently Asked Questions

Should I buy or sell NextEra Energy stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy in the last year. There are currently 1 sell rating, 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NEE shares.
View NEE analyst ratings or view top-rated stocks.

What is NextEra Energy's stock price target for 2024?

14 Wall Street analysts have issued 12-month target prices for NextEra Energy's stock. Their NEE share price targets range from $53.00 to $96.00. On average, they anticipate the company's share price to reach $73.46 in the next year. This suggests a possible upside of 22.0% from the stock's current price.
View analysts price targets for NEE or view top-rated stocks among Wall Street analysts.

How have NEE shares performed in 2023?

NextEra Energy's stock was trading at $83.60 at the beginning of 2023. Since then, NEE shares have decreased by 28.0% and is now trading at $60.20.
View the best growth stocks for 2023 here.

When is NextEra Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our NEE earnings forecast.

How were NextEra Energy's earnings last quarter?

NextEra Energy, Inc. (NYSE:NEE) announced its earnings results on Tuesday, October, 24th. The utilities provider reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.08. The utilities provider had revenue of $7.17 billion for the quarter, compared to the consensus estimate of $7.07 billion. NextEra Energy had a trailing twelve-month return on equity of 12.15% and a net margin of 27.82%. NextEra Energy's revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.85 earnings per share.
Read the conference call transcript.

How often does NextEra Energy pay dividends? What is the dividend yield for NextEra Energy?

NextEra Energy announced a quarterly dividend on Thursday, October 12th. Shareholders of record on Friday, November 24th will be given a dividend of $0.4675 per share on Friday, December 15th. This represents a $1.87 annualized dividend and a yield of 3.11%. The ex-dividend date is Wednesday, November 22nd.
Read our dividend analysis for NEE.

Is NextEra Energy a good dividend stock?

NextEra Energy (NYSE:NEE) pays an annual dividend of $1.87 per share and currently has a dividend yield of 3.16%. The company has been increasing its dividend for 29 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 49.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NEE will have a dividend payout ratio of 55.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NEE.

What ETFs hold NextEra Energy's stock?

ETFs with the largest weight of NextEra Energy (NYSE:NEE) stock in their portfolio include Virtus Reaves Utilities ETF (UTES), Utilities Select Sector SPDR Fund (XLU), Vanguard Utilities ETF (VPU), Fidelity MSCI Utilities Index ETF (FUTY), iShares U.S. Utilities ETF (IDU), Direxion Daily Utilities Bull 3X Shares (UTSL), TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) and iShares Global Utilities ETF (JXI).

When did NextEra Energy's stock split?

NextEra Energy shares split on the morning of Tuesday, October 27th 2020. The 4-1 split was announced on Monday, September 14th 2020. The newly minted shares were payable to shareholders after the market closes on Monday, October 26th 2020. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

What guidance has NextEra Energy issued on next quarter's earnings?

NextEra Energy updated its FY24 earnings guidance on Tuesday, October, 24th. The company provided earnings per share (EPS) guidance of $3.23-3.43 for the period, compared to the consensus earnings per share estimate of $3.40.

What is James L. Robo's approval rating as NextEra Energy's CEO?

268 employees have rated NextEra Energy Chief Executive Officer James L. Robo on Glassdoor.com. James L. Robo has an approval rating of 87% among the company's employees.

What other stocks do shareholders of NextEra Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NextEra Energy investors own include AT&T (T), Johnson & Johnson (JNJ), NVIDIA (NVDA), Walt Disney (DIS), AbbVie (ABBV), Cisco Systems (CSCO), Home Depot (HD), Verizon Communications (VZ), Intel (INTC) and JPMorgan Chase & Co. (JPM).

Who are NextEra Energy's major shareholders?

NextEra Energy's stock is owned by many different institutional and retail investors. Top institutional investors include Northern Trust Corp (1.12%), Bank of New York Mellon Corp (0.85%), Legal & General Group Plc (0.74%), Deutsche Bank AG (0.64%), Deutsche Bank AG (0.63%) and Charles Schwab Investment Management Inc. (0.51%). Insiders that own company stock include Amy B Lane, Armando Pimentel Jr, Charles E Sieving, Deborah H Caplan, Eric E Silagy, James L Robo, James L Robo, James Lawrence Camaren, James Michael May, John W Ketchum, John W Ketchum, Kirk S Hachigian, Miguel Arechabala, Naren K Gursahaney, Nextera Energy Inc, Rebecca J Kujawa, Robert Coffey, Ronald R Reagan and Terrell Kirk Crews II.
View institutional ownership trends.

How do I buy shares of NextEra Energy?

Shares of NEE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does NextEra Energy have any subsidiaries?
The following companies are subsidiares of NextEra Energy: Florida City Gas, Florida Power & Light Company, Gulf Power, Gulf Power Company, NextEra Energy Capital Holdings Inc., NextEra Energy Resources LLC, Oncor Electric Delivery Company, Palms Insurance Company Limited, Palms SC Insurance Company LLC, Smart Energy Capital, and WindLogics.
Read More
This page (NYSE:NEE) was last updated on 12/7/2023 by MarketBeat.com Staff

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