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NextEra Energy (NEE) Competitors

$76.33
-0.62 (-0.81%)
(As of 05/22/2024 ET)

NEE vs. SO, AEP, D, DUK, NGG, PCG, SRE, EIX, ETR, and FE

Should you be buying NextEra Energy stock or one of its competitors? The main competitors of NextEra Energy include Southern (SO), American Electric Power (AEP), Dominion Energy (D), Duke Energy (DUK), National Grid (NGG), PG&E (PCG), Sempra (SRE), Edison International (EIX), Entergy (ETR), and FirstEnergy (FE). These companies are all part of the "utilities" sector.

NextEra Energy vs.

NextEra Energy (NYSE:NEE) and Southern (NYSE:SO) are both large-cap utilities companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, media sentiment, profitability, earnings, valuation and community ranking.

NextEra Energy has a net margin of 27.62% compared to Southern's net margin of 16.74%. Southern's return on equity of 12.07% beat NextEra Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
NextEra Energy27.62% 11.72% 3.81%
Southern 16.74%12.07%3.06%

NextEra Energy has a beta of 0.5, suggesting that its share price is 50% less volatile than the S&P 500. Comparatively, Southern has a beta of 0.48, suggesting that its share price is 52% less volatile than the S&P 500.

In the previous week, Southern had 7 more articles in the media than NextEra Energy. MarketBeat recorded 27 mentions for Southern and 20 mentions for NextEra Energy. NextEra Energy's average media sentiment score of 1.03 beat Southern's score of 0.95 indicating that NextEra Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NextEra Energy
12 Very Positive mention(s)
6 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Southern
12 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

NextEra Energy has higher revenue and earnings than Southern. Southern is trading at a lower price-to-earnings ratio than NextEra Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NextEra Energy$28.11B5.63$7.31B$3.6721.00
Southern$25.25B3.45$3.98B$3.8720.56

NextEra Energy received 230 more outperform votes than Southern when rated by MarketBeat users. Likewise, 72.26% of users gave NextEra Energy an outperform vote while only 50.05% of users gave Southern an outperform vote.

CompanyUnderperformOutperform
NextEra EnergyOutperform Votes
758
72.26%
Underperform Votes
291
27.74%
SouthernOutperform Votes
528
50.05%
Underperform Votes
527
49.95%

NextEra Energy presently has a consensus price target of $72.64, indicating a potential downside of 5.47%. Southern has a consensus price target of $75.73, indicating a potential downside of 4.76%. Given Southern's higher probable upside, analysts clearly believe Southern is more favorable than NextEra Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextEra Energy
1 Sell rating(s)
3 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.67
Southern
1 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.57

78.7% of NextEra Energy shares are held by institutional investors. Comparatively, 64.1% of Southern shares are held by institutional investors. 0.2% of NextEra Energy shares are held by company insiders. Comparatively, 0.2% of Southern shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

NextEra Energy pays an annual dividend of $2.06 per share and has a dividend yield of 2.7%. Southern pays an annual dividend of $2.88 per share and has a dividend yield of 3.6%. NextEra Energy pays out 56.1% of its earnings in the form of a dividend. Southern pays out 74.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Summary

NextEra Energy beats Southern on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NEE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NEE vs. The Competition

MetricNextEra EnergyElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$158.34B$13.44B$12.08B$17.95B
Dividend Yield2.72%4.44%4.09%3.45%
P/E Ratio21.0013.4282.7122.16
Price / Sales5.6328.6528.0510.52
Price / Cash12.368.2818.1319.55
Price / Book2.691.611.895.99
Net Income$7.31B$664.86M$610.98M$973.33M
7 Day Performance0.03%-1.72%0.20%-0.02%
1 Month Performance18.01%7.95%5.45%5.49%
1 Year Performance3.34%8.16%3.47%21.41%

NextEra Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SO
Southern
4.671 of 5 stars
$79.29
+0.7%
$75.73
-4.5%
+11.7%$86.79B$25.25B20.4928,100Positive News
AEP
American Electric Power
4.3086 of 5 stars
$91.97
+1.3%
$88.43
-3.9%
+7.0%$48.48B$19B17.0617,250Analyst Revision
D
Dominion Energy
4.4765 of 5 stars
$53.22
+0.7%
$51.73
-2.8%
+3.5%$44.58B$14.39B27.4317,700Positive News
DUK
Duke Energy
4.3625 of 5 stars
$103.37
+1.0%
$101.31
-2.0%
+12.8%$79.78B$29.06B25.9727,037Analyst Forecast
News Coverage
NGG
National Grid
0.2405 of 5 stars
$72.80
+1.8%
N/A+4.9%$54.16B$26.31B0.0031,275Upcoming Earnings
PCG
PG&E
2.3603 of 5 stars
$18.31
+1.7%
$19.11
+4.4%
+13.9%$52.72B$24.43B16.3528,010Dividend Announcement
Analyst Revision
SRE
Sempra
4.6866 of 5 stars
$78.03
+1.8%
$82.23
+5.4%
+7.6%$49.38B$16.72B17.2816,835Positive News
EIX
Edison International
4.9256 of 5 stars
$75.72
+1.1%
$74.10
-2.1%
+12.5%$29.13B$16.34B33.2114,375Analyst Revision
ETR
Entergy
4.8239 of 5 stars
$112.59
+1.2%
$109.45
-2.8%
+13.6%$24.04B$12.15B11.2912,177Analyst Forecast
FE
FirstEnergy
2.996 of 5 stars
$40.26
+1.1%
$39.80
-1.1%
+7.1%$23.17B$12.87B23.1412,042Analyst Revision

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This page (NYSE:NEE) was last updated on 5/22/2024 by MarketBeat.com Staff

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