NextEra Energy (NEE) Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy in the last twelve months. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NEE shares.
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11 Wall Street research analysts have issued 12 month target prices for NextEra Energy's stock. Their NEE share price forecasts range from $80.00 to $100.00. On average, they expect the company's share price to reach $88.00 in the next year. This suggests a possible upside of 46.7% from the stock's current price.
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NextEra Energy's stock was trading at $83.60 at the beginning of 2023. Since then, NEE stock has decreased by 28.2% and is now trading at $60.00.
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NextEra Energy saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 18,340,000 shares, a decline of 25.0% from the August 31st total of 24,460,000 shares. Based on an average daily trading volume, of 8,190,000 shares, the days-to-cover ratio is presently 2.2 days.
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The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023.
View our NEE earnings forecast.

NextEra Energy, Inc. (NYSE:NEE) announced its earnings results on Tuesday, July, 25th. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.81 by $0.07. The utilities provider earned $7.35 billion during the quarter, compared to analyst estimates of $6.68 billion. NextEra Energy had a trailing twelve-month return on equity of 12.25% and a net margin of 30.05%. During the same period last year, the business posted $0.81 earnings per share.
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NextEra Energy announced a quarterly dividend on Thursday, July 27th. Stockholders of record on Wednesday, August 30th will be paid a dividend of $0.4675 per share on Friday, September 15th. This represents a $1.87 annualized dividend and a yield of 3.12%. The ex-dividend date of this dividend is Tuesday, August 29th.
Read our dividend analysis for NEE.

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).

NextEra Energy (NYSE:NEE) pays an annual dividend of $1.87 per share and currently has a dividend yield of 2.76%. The company has been increasing its dividend for 30 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 46.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NEE will have a dividend payout ratio of 55.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NEE.

Shares of NextEra Energy split on Tuesday, October 27th 2020. The 4-1 split was announced on Monday, September 14th 2020. The newly minted shares were issued 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.

NextEra Energy issued an update on its FY24 earnings guidance on Wednesday, September, 27th. 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 $3.41.

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.

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).

NextEra Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEE."

NextEra Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (65.10%), Geode Capital Management LLC (1.81%), Northern Trust Corp (1.11%), Bank of New York Mellon Corp (0.91%), Artisan Partners Limited Partnership (0.53%) and Charles Schwab Investment Management Inc. (0.50%). Insiders that own company stock include Amy B Lane, Armando Pimentel Jr, Charles E Sieving, Charles E Sieving, Deborah H Caplan, 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, Paul I Cutler, Rebecca J Kujawa, Robert Coffey, Ronald R Reagan and Terrell Kirk Crews II.
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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.
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One share of NEE stock can currently be purchased for approximately $60.00.

NextEra Energy (NYSE:NEE) has a market capitalization of $121.42 billion and generates $26.95 billion in revenue each year. The utilities provider earns $4.15 billion in net income (profit) each year or $4.04 on an earnings per share basis.

The company employs 9,300 workers across the globe.

NextEra Energy's mailing address is 700 UNIVERSE BOULEVARD, JUNO BEACH FL, 33408. The official website for the company is www.nexteraenergy.com. The utilities provider can be reached via phone at (561) 694-4000, via email at investors@nexteraenergy.com, or via fax at 561-694-4999.