Most-Downgraded StocksMost-Downgraded NextEra Energy Partners Stock Price, News & Analysis (NYSE:NEP) $24.23 -1.18 (-4.64%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$24.13▼$25.5750-Day Range$20.58▼$46.9052-Week Range$20.17▼$79.56Volume2.26 million shsAverage Volume1.47 million shsMarket Capitalization$2.26 billionP/E Ratio18.22Dividend Yield14.32%Price Target$50.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media NextEra Energy Partners MarketRank™ Stock AnalysisAnalyst RatingHold2.46 Rating ScoreUpside/Downside107.2% Upside$50.20 Price TargetShort InterestHealthy2.79% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.31Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth-4.96%From $1.21 to $1.15 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.81 out of 5 starsOils/Energy Sector37th out of 225 stocksElectric Services Industry4th out of 40 stocks 4.2 Analyst's Opinion Consensus RatingNextEra Energy Partners has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 6 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $50.20, NextEra Energy Partners has a forecasted upside of 107.2% from its current price of $24.23.Amount of Analyst CoverageNextEra Energy Partners has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.79% of the outstanding shares of NextEra Energy Partners have been sold short.Short Interest Ratio / Days to CoverNextEra Energy Partners has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in NextEra Energy Partners has recently increased by 2.76%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipNextEra Energy Partners is a leading dividend payer. It pays a dividend yield of 13.66%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNextEra Energy Partners has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of NextEra Energy Partners is 260.90%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, NextEra Energy Partners will have a dividend payout ratio of 301.74% in the coming year. This indicates that NextEra Energy Partners may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NEP. Previous Next 2.9 News and Social Media Coverage News SentimentNextEra Energy Partners has a news sentiment score of 1.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for NextEra Energy Partners this week, compared to 5 articles on an average week.Search InterestOnly 104 people have searched for NEP on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat FollowsOnly 38 people have added NextEra Energy Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -10% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NextEra Energy Partners insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.10% of the stock of NextEra Energy Partners is held by insiders.Percentage Held by Institutions80.99% of the stock of NextEra Energy Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for NextEra Energy Partners are expected to decrease by -4.96% in the coming year, from $1.21 to $1.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NextEra Energy Partners is 18.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.33.Price to Earnings Ratio vs. SectorThe P/E ratio of NextEra Energy Partners is 18.22, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.03.Price to Earnings Growth RatioNextEra Energy Partners has a PEG Ratio of 1.43. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioNextEra Energy Partners has a P/B Ratio of 0.14. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About NextEra Energy Partners Stock (NYSE:NEP)NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.Read More NEP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NEP Stock News HeadlinesDecember 4, 2023 | finance.yahoo.comNextEra Energy Partners, LP announces the offering of $750 million in aggregate principal amount of senior unsecured notesDecember 1, 2023 | finance.yahoo.comA Bull Market Is Coming: 3 Stocks to Buy Without Any HesitationDecember 5, 2023 | Edge On The Street (Ad)The Strategic Gold Play You Haven't Heard AboutExperts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure. November 30, 2023 | finance.yahoo.comNextEra Energy (NEE) Increases Yet Falls Behind Market: What Investors Need to KnowNovember 30, 2023 | finance.yahoo.comThe Zacks Analyst Blog Highlights McDonald's, Amgen, NextEra Energy, General Mills and Take-Two Interactive SoftwareNovember 29, 2023 | finance.yahoo.com12 Best High Yield Dividend Stocks To Buy According to Billionaire GabelliNovember 28, 2023 | finance.yahoo.comShould You Invest in NextEra Energy (NEE)?November 28, 2023 | finance.yahoo.comNextEra Energy and NextEra Energy Partners to meet with investors throughout the end of November and December and participate in the BofA Securities 2023 Renewables ConferenceDecember 5, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 27, 2023 | finance.yahoo.comReturns On Capital At NextEra Energy (NYSE:NEE) Have Hit The BrakesNovember 23, 2023 | finance.yahoo.com20 Most Climatically Diverse Countries in the WorldNovember 23, 2023 | finance.yahoo.comIgnore Crypto: These Stocks Could Make You RichNovember 21, 2023 | finance.yahoo.comNextEra Energy Inc's Dividend AnalysisNovember 13, 2023 | seekingalpha.comNextEra Energy Partners: A Fat 14.7% Yield In Front Of A Steamroller?November 8, 2023 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: Nextera Energy Partners (NEP) and Orsted (OtherDOGEF)November 6, 2023 | reuters.comKinder Morgan to buy NextEra Energy Partner's STX MidstreamNovember 1, 2023 | finance.yahoo.com20 States That Produce Most Wind EnergyOctober 31, 2023 | finance.yahoo.comDespite Cratering 67%, This Ultra-High-Yield Dividend Stock Has a Solid Foundation and a Bright FutureOctober 25, 2023 | markets.businessinsider.comBuy Rating for NextEra Energy Partners: Anticipated Sales, DPU Growth, and Self-Financing CapabilitiesOctober 25, 2023 | finance.yahoo.comNextEra Energy, Inc.: Maintaining BUY as 3Q23 results top consensusOctober 25, 2023 | finance.yahoo.comQ3 2023 Nextera Energy Inc and NextEra Energy Partners LP Joint Earnings CallOctober 24, 2023 | finance.yahoo.comNextEra Energy Partners (NEP) Q3 2023 Earnings Call TranscriptOctober 24, 2023 | finance.yahoo.comNextEra Energy (NEE) Q3 2023 Earnings Call TranscriptOctober 23, 2023 | finance.yahoo.comEarnings growth of 9.1% over 3 years hasn't been enough to translate into positive returns for NextEra Energy (NYSE:NEE) shareholdersOctober 21, 2023 | thestreet.comNextEra Energy Partners LP representing limited partner interestsOctober 20, 2023 | seekingalpha.comNextEra Energy Partners: Outlook May Be Cut But Some Value Is Still PresentOctober 18, 2023 | finance.yahoo.com12 Most Undervalued Dividend Stocks To Buy According To AnalystsSee More Headlines Receive NEP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NextEra Energy Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/24/2023Ex-Dividend for 11/14 Dividend11/03/2023Dividend Payable11/14/2023Today12/05/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/24/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:NEP CUSIPN/A CIK1603145 Webwww.nexteraenergy.com Phone(561) 694-4000FaxN/AEmployeesN/AYear Founded2014Price Target and Rating Average Stock Price Target$50.20 High Stock Price Target$81.00 Low Stock Price Target$20.00 Potential Upside/Downside+107.2%Consensus RatingHold Rating Score (0-4)2.46 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$1.33 Trailing P/E Ratio18.22 Forward P/E Ratio20.02 P/E Growth1.43Net Income$477 million Net Margins9.58% Pretax Margin7.55% Return on Equity0.85% Return on Assets0.53% Debt Debt-to-Equity Ratio0.36 Current Ratio0.61 Quick Ratio0.57 Sales & Book Value Annual Sales$1.21 billion Price / Sales1.87 Cash Flow$11.59 per share Price / Cash Flow2.09 Book Value$169.54 per share Price / Book0.14Miscellaneous Outstanding Shares93,430,000Free Float93,340,000Market Cap$2.26 billion OptionableOptionable Beta0.91 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. John W. Ketchum (Age 52)Chairman & CEO Ms. Rebecca J. Kujawa (Age 47)President & Director Mr. Terrell Kirk Crews II (Age 45)CFO & Director Mr. James Michael May (Age 46)Controller & Chief Accounting Officer Mr. Charles E. Sieving (Age 50)General Counsel Mr. Mark E. Hickson (Age 55)Executive VP of Strategy & Corporate Development and Director Mr. William Scott SeeleyCorporate SecretaryMr. Michael H. Dunne (Age 47)Treasurer & Assistant Secretary More ExecutivesKey CompetitorsAtlantica Sustainable InfrastructureNASDAQ:AYEnlight Renewable EnergyNASDAQ:ENLTReNew Energy GlobalNASDAQ:RNWCentral PuertoNYSE:CEPUAltus PowerNYSE:AMPSView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Sold 828 shares on 12/1/2023Ownership: 0.008%American Century Companies Inc.Sold 10,167 shares on 11/30/2023Ownership: 0.017%EP Wealth Advisors LLCBought 300,027 shares on 11/24/2023Ownership: 0.342%Walleye Capital LLCBought 10,400 shares on 11/21/2023Ownership: 0.000%Belpointe Asset Management LLCBought 864 shares on 11/16/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions NEP Stock Analysis - Frequently Asked Questions Should I buy or sell NextEra Energy Partners stock right now? 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NEP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NEP, but not buy additional shares or sell existing shares. View NEP analyst ratings or view top-rated stocks. What is NextEra Energy Partners' stock price target for 2024? 13 Wall Street analysts have issued 12-month price objectives for NextEra Energy Partners' shares. Their NEP share price targets range from $20.00 to $81.00. On average, they predict the company's stock price to reach $50.20 in the next twelve months. This suggests a possible upside of 107.2% from the stock's current price. View analysts price targets for NEP or view top-rated stocks among Wall Street analysts. How have NEP shares performed in 2023? NextEra Energy Partners' stock was trading at $70.09 at the beginning of the year. Since then, NEP stock has decreased by 65.4% and is now trading at $24.23. View the best growth stocks for 2023 here. When is NextEra Energy Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024. View our NEP earnings forecast. How were NextEra Energy Partners' earnings last quarter? NextEra Energy Partners, LP (NYSE:NEP) announced its earnings results on Tuesday, October, 24th. The solar energy provider reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.09. The solar energy provider had revenue of $367 million for the quarter, compared to analyst estimates of $414.16 million. NextEra Energy Partners had a trailing twelve-month return on equity of 0.85% and a net margin of 9.58%. The firm's revenue was up 21.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 EPS. How often does NextEra Energy Partners pay dividends? What is the dividend yield for NextEra Energy Partners? NextEra Energy Partners announced a quarterly dividend on Tuesday, October 24th. Stockholders of record on Monday, November 6th will be given a dividend of $0.8675 per share on Tuesday, November 14th. This represents a $3.47 annualized dividend and a dividend yield of 14.32%. The ex-dividend date of this dividend is Friday, November 3rd. This is a positive change from the stock's previous quarterly dividend of $0.85. Read our dividend analysis for NEP. Is NextEra Energy Partners a good dividend stock? NextEra Energy Partners (NYSE:NEP) pays an annual dividend of $3.47 per share and currently has a dividend yield of 13.66%. NEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 260.90%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NEP will have a dividend payout ratio of 301.74% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for NEP. What ETFs hold NextEra Energy Partners' stock? ETFs with the largest weight of NextEra Energy Partners (NYSE:NEP) stock in their portfolio include ALPS Clean Energy ETF (ACES), First Trust EIP Carbon Impact ETF (ECLN), Gabelli Love Our Planet & People ETF (LOPP), Global X Renewable Energy Producers ETF (RNRG), ClearBridge Sustainable Infrastructure ETF (INFR), First Trust North American Energy Infrastructure Fund (EMLP), BNY Mellon Global Infrastructure Income ETF (BKGI) and Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT). What other stocks do shareholders of NextEra Energy Partners own? Based on aggregate information from My MarketBeat watchlists, some companies that other NextEra Energy Partners investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Hawkins (HWKN), Athabasca Oil (ATH), Och-Ziff Capital Management Group (OZM), Precision Drilling (PD) and Transocean (RIG). Who are NextEra Energy Partners' major shareholders? NextEra Energy Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (5.21%), ClearBridge Investments Ltd (3.84%), Electron Capital Partners LLC (1.60%), Morgan Stanley (1.56%), Kayne Anderson Capital Advisors LP (1.50%) and Jennison Associates LLC (1.39%). View institutional ownership trends. How do I buy shares of NextEra Energy Partners? Shares of NEP 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. This page (NYSE:NEP) was last updated on 12/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding NextEra Energy Partners, LP Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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