QQQ   348.82 (-1.70%)
AAPL   177.82 (-0.78%)
MSFT   323.38 (-3.09%)
META   263.60 (-2.77%)
GOOGL   122.50 (-3.78%)
AMZN   121.23 (-4.25%)
TSLA   224.57 (+1.47%)
NVDA   374.75 (-3.05%)
NIO   7.76 (-1.52%)
BABA   85.29 (-1.63%)
AMD   117.83 (-5.15%)
T   16.09 (+2.68%)
F   13.59 (+5.11%)
MU   67.06 (-0.71%)
CGC   0.72 (-2.69%)
GE   106.08 (+0.59%)
DIS   92.53 (+0.40%)
AMC   4.73 (+1.94%)
PFE   38.89 (+1.36%)
PYPL   64.04 (-1.51%)
NFLX   399.77 (+0.12%)
QQQ   348.82 (-1.70%)
AAPL   177.82 (-0.78%)
MSFT   323.38 (-3.09%)
META   263.60 (-2.77%)
GOOGL   122.50 (-3.78%)
AMZN   121.23 (-4.25%)
TSLA   224.57 (+1.47%)
NVDA   374.75 (-3.05%)
NIO   7.76 (-1.52%)
BABA   85.29 (-1.63%)
AMD   117.83 (-5.15%)
T   16.09 (+2.68%)
F   13.59 (+5.11%)
MU   67.06 (-0.71%)
CGC   0.72 (-2.69%)
GE   106.08 (+0.59%)
DIS   92.53 (+0.40%)
AMC   4.73 (+1.94%)
PFE   38.89 (+1.36%)
PYPL   64.04 (-1.51%)
NFLX   399.77 (+0.12%)
QQQ   348.82 (-1.70%)
AAPL   177.82 (-0.78%)
MSFT   323.38 (-3.09%)
META   263.60 (-2.77%)
GOOGL   122.50 (-3.78%)
AMZN   121.23 (-4.25%)
TSLA   224.57 (+1.47%)
NVDA   374.75 (-3.05%)
NIO   7.76 (-1.52%)
BABA   85.29 (-1.63%)
AMD   117.83 (-5.15%)
T   16.09 (+2.68%)
F   13.59 (+5.11%)
MU   67.06 (-0.71%)
CGC   0.72 (-2.69%)
GE   106.08 (+0.59%)
DIS   92.53 (+0.40%)
AMC   4.73 (+1.94%)
PFE   38.89 (+1.36%)
PYPL   64.04 (-1.51%)
NFLX   399.77 (+0.12%)
QQQ   348.82 (-1.70%)
AAPL   177.82 (-0.78%)
MSFT   323.38 (-3.09%)
META   263.60 (-2.77%)
GOOGL   122.50 (-3.78%)
AMZN   121.23 (-4.25%)
TSLA   224.57 (+1.47%)
NVDA   374.75 (-3.05%)
NIO   7.76 (-1.52%)
BABA   85.29 (-1.63%)
AMD   117.83 (-5.15%)
T   16.09 (+2.68%)
F   13.59 (+5.11%)
MU   67.06 (-0.71%)
CGC   0.72 (-2.69%)
GE   106.08 (+0.59%)
DIS   92.53 (+0.40%)
AMC   4.73 (+1.94%)
PFE   38.89 (+1.36%)
PYPL   64.04 (-1.51%)
NFLX   399.77 (+0.12%)
NYSE:NEP

NextEra Energy Partners (NEP) Stock Forecast, Price & News

$62.53
+0.53 (+0.85%)
(As of 06/7/2023 ET)
Compare
Today's Range
$62.00
$62.85
50-Day Range
$51.59
$63.81
52-Week Range
$51.58
$86.06
Volume
569,763 shs
Average Volume
932,625 shs
Market Capitalization
$5.56 billion
P/E Ratio
16.59
Dividend Yield
5.39%
Price Target
$78.92

NextEra Energy Partners MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
26.2% Upside
$78.92 Price Target
Short Interest
Healthy
4.77% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.13mentions of NextEra Energy Partners in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$99,558 Bought Last Quarter
Proj. Earnings Growth
23.88%
From $1.34 to $1.66 Per Share

Overall MarketRank

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

3.26 out of 5 stars

Oils/Energy Sector

5th out of 244 stocks

Electric Services Industry

1st out of 43 stocks


NEP stock logo

About NextEra Energy Partners (NYSE:NEP) Stock

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.

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.

NEP Stock News Headlines

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
2 Great Large Cap Stocks to Buy On Sale in June
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
NextEra Energy Partners (NYSE:NEP) PT Lowered to $80.00
See More Headlines

NEP Price History

NEP Company Calendar

Last Earnings
4/25/2023
Ex-Dividend for 5/15 Dividend
5/04/2023
Dividend Payable
5/15/2023
Today
6/07/2023
Next Earnings (Estimated)
7/28/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
2014

Price Target and Rating

Average Stock Price Forecast
$78.92
High Stock Price Forecast
$94.00
Low Stock Price Forecast
$60.00
Forecasted Upside/Downside
+27.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$477 million
Pretax Margin
58.81%

Debt

Sales & Book Value

Annual Sales
$1.21 billion
Cash Flow
$12.15 per share
Book Value
$169.54 per share

Miscellaneous

Free Float
88,813,000
Market Cap
$5.52 billion
Optionable
Optionable
Beta
0.89

Key Executives

  • Mr. John W. Ketchum (Age 52)
    Chairman & CEO
  • Ms. Rebecca J. Kujawa (Age 47)
    Pres & 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)
    Gen. Counsel
  • Mr. Mark E. Hickson (Age 55)
    Exec. VP of Strategy & Corp. Devel. and Director
  • Mr. William Scott Seeley
    Corp. Sec.
  • Mr. Michael H. Dunne (Age 47)
    Treasurer & Assistant Sec.













NEP Stock - Frequently Asked Questions

Should I buy or sell NextEra Energy Partners stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NEP shares.
View NEP analyst ratings
or view top-rated stocks.

What is NextEra Energy Partners' stock price forecast for 2023?

12 Wall Street research analysts have issued twelve-month target prices for NextEra Energy Partners' shares. Their NEP share price forecasts range from $60.00 to $94.00. On average, they expect the company's share price to reach $78.92 in the next twelve months. This suggests a possible upside of 27.1% 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 2023. Since then, NEP stock has decreased by 11.4% and is now trading at $62.10.
View the best growth stocks for 2023 here
.

Are investors shorting NextEra Energy Partners?

NextEra Energy Partners saw a increase in short interest in May. As of May 15th, there was short interest totaling 4,240,000 shares, an increase of 26.6% from the April 30th total of 3,350,000 shares. Based on an average daily trading volume, of 1,150,000 shares, the days-to-cover ratio is presently 3.7 days.
View NextEra Energy Partners' Short Interest
.

When is NextEra Energy Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 28th 2023.
View our NEP earnings forecast
.

How were NextEra Energy Partners' earnings last quarter?

NextEra Energy Partners, LP (NYSE:NEP) posted its quarterly earnings results on Tuesday, April, 25th. The solar energy provider reported ($0.17) EPS for the quarter, missing analysts' consensus estimates of $0.31 by $0.48. The solar energy provider earned $301 million during the quarter, compared to the consensus estimate of $355.92 million. NextEra Energy Partners had a trailing twelve-month return on equity of 2.38% and a net margin of 25.91%. The firm's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.72 earnings per share.

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 Monday, April 24th. Stockholders of record on Friday, May 5th will be paid a dividend of $0.8425 per share on Monday, May 15th. This represents a $3.37 annualized dividend and a yield of 5.43%. The ex-dividend date of this dividend is Thursday, May 4th. This is a boost from the stock's previous quarterly dividend of $0.81.
Read our dividend analysis for NEP
.

Is NextEra Energy Partners a good dividend stock?

NextEra Energy Partners (NYSE:NEP) pays an annual dividend of $3.37 per share and currently has a dividend yield of 5.43%. 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 89.39%. 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 203.01% 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 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).

What is NextEra Energy Partners' stock symbol?

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

Who are NextEra Energy Partners' major shareholders?

NextEra Energy Partners' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.02%), FMR LLC (5.58%), Jennison Associates LLC (3.19%), Pictet Asset Management SA (2.13%), M&G Investment Management Ltd. (2.10%) and Tortoise Capital Advisors L.L.C. (2.08%).
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.

What is NextEra Energy Partners' stock price today?

One share of NEP stock can currently be purchased for approximately $62.10.

How much money does NextEra Energy Partners make?

NextEra Energy Partners (NYSE:NEP) has a market capitalization of $5.52 billion and generates $1.21 billion in revenue each year. The solar energy provider earns $477 million in net income (profit) each year or $3.77 on an earnings per share basis.

How can I contact NextEra Energy Partners?

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

This page (NYSE:NEP) was last updated on 6/7/2023 by MarketBeat.com Staff

My Account -