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

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$42.84 +1.08 (+2.59 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$42.84
Today's Range$41.74 - $42.99
52-Week Range$37.31 - $50.66
Volume392,170 shs
Average Volume411,303 shs
Market Capitalization$2.40 billion
P/E Ratio14.72
Dividend Yield4.45%
Beta0.93
NextEra Energy Partners, LP acquires, owns, and operates contracted clean energy projects in the United States and Canada. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects with approximately 3,867 megawatts of capacity, as well as seven contracted natural gas pipeline assets. The company was founded in 2014 and is based 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$5.0164 per share
Book Value$30.57 per share

Profitability

Net Income$167 million

Miscellaneous

Employees8
Market Cap$2.40 billion
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 announced a quarterly dividend on Monday, January 28th. Shareholders of record on Wednesday, February 6th will be paid a dividend of $0.465 per share on Thursday, February 14th. This represents a $1.86 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date of this dividend is Tuesday, February 5th. This is a positive change from Nextera Energy Partners's previous quarterly dividend of $0.45. View Nextera Energy Partners' Dividend History.

How were Nextera Energy Partners' earnings last quarter?

Nextera Energy Partners LP (NYSE:NEP) issued its quarterly earnings results on Friday, January, 25th. The solar energy provider reported ($0.39) earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by $0.88. The solar energy provider had revenue of $155 million for the quarter, compared to the consensus estimate of $276.40 million. Nextera Energy Partners had a net margin of 23.25% and a return on equity of 5.46%. During the same period last year, the company posted $0.18 EPS. 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 Tuesday, April 23rd 2019. View Earnings Estimates for Nextera Energy Partners.

What price target have analysts set for NEP?

10 brokerages have issued 1-year price targets for Nextera Energy Partners' stock. Their predictions range from $35.00 to $55.00. On average, they anticipate Nextera Energy Partners' share price to reach $46.8333 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View Analyst Price Targets for Nextera Energy Partners.

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

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

Has Nextera Energy Partners been receiving favorable news coverage?

Media headlines about NEP stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 -1.0 on InfoTrie's scale. They also assigned media stories about the solar energy provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Nextera Energy Partners' key competitors?

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. Armando Pimentel Jr., Pres & Director (Age 56)
  • Mr. John W. Ketchum, CFO & Director (Age 48)
  • Mr. Terrell Kirk Crews II, Controller & Chief Accounting Officer (Age 41)
  • Matthew Roskot, Director of Investor Relations

Who are Nextera Energy Partners' major shareholders?

Nextera Energy Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Energy Income Partners LLC (9.48%), Jennison Associates LLC (5.30%), BlackRock Inc. (4.11%), Reaves W H & Co. Inc. (3.47%), Massachusetts Financial Services Co. MA (2.72%) and Beach Investment Counsel Inc. PA (2.28%). 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 Massachusetts Financial Services Co. MA, BlackRock Inc., Barclays PLC, Boston Advisors LLC, Mirae Asset Global Investments Co. Ltd., Bank of Montreal Can, Raymond James & Associates and GW&K Investment Management LLC. View Insider Buying and Selling for Nextera Energy Partners.

Which institutional investors are buying Nextera Energy Partners stock?

NEP stock was acquired by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Lehman & Derafelo Financial Resources LLC, Reaves W H & Co. Inc., Energy Income Partners LLC, Kayne Anderson Capital Advisors LP, 1832 Asset Management L.P., Bank of New York Mellon Corp and Summit Partners Public Asset Management LLC. 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 $42.84.

How big of a company is Nextera Energy Partners?

Nextera Energy Partners has a market capitalization of $2.40 billion and generates $771 million in revenue each year. The solar energy provider earns $167 million in net income (profit) each year or $2.91 on an earnings per share basis. Nextera Energy Partners employs 8 workers across the globe.

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:  272 (Vote Outperform)
Underperform Votes:  302 (Vote Underperform)
Total Votes:  574
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 2/16/2019 by MarketBeat.com Staff

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