NYSE:NEP - Nextera Energy Partners Stock Price, News, & Analysis

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$46.38 +0.54 (+1.18 %)
(As of 04/26/2019 11:38 AM ET)
Previous Close$45.84
Today's Range$45.66 - $46.44
52-Week Range$39.35 - $50.66
Volume1,701 shs
Average Volume315,190 shs
Market Capitalization$2.60 billion
P/E Ratio15.94
Dividend Yield4.05%
Beta0.96
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 and solar projects with approximately 4,859 megawatts of capacity, as well as seven contracted natural gas pipeline assets. The company was founded in 2014 and is headquartered in Juno Beach, Florida.

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Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone561-694-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$771 million
Cash Flow$6.6352 per share
Book Value$89.09 per share

Profitability

Net Income$192 million

Miscellaneous

EmployeesN/A
Market Cap$2.60 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

Nextera Energy Partners (NYSE:NEP) Frequently Asked Questions

What is Nextera Energy Partners' stock symbol?

Nextera Energy Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEP."

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

Nextera Energy Partners declared a quarterly dividend on Wednesday, April 24th. Stockholders of record on Tuesday, May 7th will be paid a dividend of $0.4825 per share on Wednesday, May 15th. This represents a $1.93 annualized dividend and a dividend yield of 4.16%. The ex-dividend date is Monday, May 6th. This is a boost from Nextera Energy Partners's previous quarterly dividend of $0.47. View Nextera Energy Partners' Dividend History.

How were Nextera Energy Partners' earnings last quarter?

Nextera Energy Partners LP (NYSE:NEP) issued its quarterly earnings data on Tuesday, April, 23rd. The solar energy provider reported ($0.38) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.52 by $0.90. The solar energy provider had revenue of $177 million for the quarter, compared to analysts' expectations of $316.31 million. Nextera Energy Partners had a net margin of 12.24% and a return on equity of 2.29%. View Nextera Energy Partners' Earnings History.

When is Nextera Energy Partners' next earnings date?

Nextera Energy Partners is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Nextera Energy Partners.

What price target have analysts set for NEP?

11 analysts have issued 12-month price targets for Nextera Energy Partners' stock. Their forecasts range from $35.00 to $55.00. On average, they expect Nextera Energy Partners' stock price to reach $47.50 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price. View Analyst Price Targets for Nextera Energy Partners.

What is the consensus analysts' recommendation for Nextera Energy Partners?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nextera Energy Partners in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nextera Energy Partners.

Has Nextera Energy Partners been receiving favorable news coverage?

Media coverage about NEP stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nextera Energy Partners earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news articles about the solar energy provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the company's share price in the near term.

Who are some of Nextera Energy Partners' key competitors?

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 Gran Tierra Energy (GTE).

Who are Nextera Energy Partners' key executives?

Nextera Energy Partners' management team includes the folowing people:
  • Mr. James L. Robo, Chairman & CEO (Age 56)
  • Mr. John W. Ketchum, Pres & Director (Age 48)
  • Ms. Rebecca J. Kujawa, CFO & Director (Age 43)
  • Mr. James Michael May, Controller & Chief Accounting Officer (Age 42)
  • Matthew Roskot, Director of Investor Relations

Who are Nextera Energy Partners' major shareholders?

Nextera Energy Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Duff & Phelps Investment Management Co. (1.81%), Avalon Advisors LLC (0.45%), A. D. Beadell Investment Counsel Inc. (0.27%), Tealwood Asset Management Inc. (0.10%), Enterprise Bank & Trust Co (0.07%) and Boston Advisors LLC (0.06%). Company insiders that own Nextera Energy Partners stock include Armando Pimentel Jr and Mark E Hickson. View Institutional Ownership Trends for Nextera Energy Partners.

Which institutional investors are selling Nextera Energy Partners stock?

NEP stock was sold by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Tealwood Asset Management Inc., Gilman Hill Asset Management LLC, A. D. Beadell Investment Counsel Inc. and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Nextera Energy Partners.

Which institutional investors are buying Nextera Energy Partners stock?

NEP stock was purchased by a variety of institutional investors in the last quarter, including Avalon Advisors LLC, Enterprise Bank & Trust Co, Private Capital Group LLC, Flagship Harbor Advisors LLC, Boston Advisors LLC and Duff & Phelps Investment Management Co.. Company insiders that have bought Nextera Energy Partners stock in the last two years include Armando Pimentel Jr and Mark E Hickson. View Insider Buying and Selling for Nextera Energy Partners.

How do I buy shares of Nextera Energy Partners?

Shares of NEP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Nextera Energy Partners' stock price today?

One share of NEP stock can currently be purchased for approximately $46.44.

How big of a company is Nextera Energy Partners?

Nextera Energy Partners has a market capitalization of $2.61 billion and generates $771 million in revenue each year. The solar energy provider earns $192 million in net income (profit) each year or $2.91 on an earnings per share basis.

What is Nextera Energy Partners' official website?

The official website for Nextera Energy Partners is http://www.nexteraenergypartners.com.

How can I contact Nextera Energy Partners?

Nextera Energy Partners' mailing address is 700 UNIVERSE BOULEVARD, JUNO BEACH FL, 33408. The solar energy provider can be reached via phone at 561-694-4000 or via email at [email protected]


MarketBeat Community Rating for Nextera Energy Partners (NYSE NEP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  279 (Vote Outperform)
Underperform Votes:  309 (Vote Underperform)
Total Votes:  588
MarketBeat's community ratings are surveys of what our community members think about Nextera Energy Partners and other stocks. Vote "Outperform" if you believe NEP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NEP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/26/2019 by MarketBeat.com Staff

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