NYSE:NEP NextEra Energy Partners (NEP) Stock Price, News & Analysis $26.19 +0.26 (+1.00%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$25.76▼$26.6250-Day Range$25.21▼$34.6052-Week Range$20.17▼$57.29Volume1.96 million shsAverage Volume1.47 million shsMarket Capitalization$2.45 billionP/E Ratio8.59Dividend Yield13.63%Price Target$33.79 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get NextEra Energy Partners alerts: Email Address NextEra Energy Partners MarketRank™ Stock AnalysisAnalyst RatingHold2.06 Rating ScoreUpside/Downside29.0% Upside$33.79 Price TargetShort InterestHealthy5.06% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.68Based on 28 Articles This WeekInsider TradingN/AProj. Earnings Growth-53.51%From $1.85 to $0.86 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.40 out of 5 starsOils/Energy Sector51st out of 248 stocksElectric Services Industry16th out of 43 stocks 4.0 Analyst's Opinion Consensus RatingNextEra Energy Partners has received a consensus rating of Hold. The company's average rating score is 2.06, and is based on 3 buy ratings, 12 hold ratings, and 2 sell ratings.Amount of Analyst CoverageNextEra Energy Partners has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about NextEra Energy Partners' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.06% 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 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in NextEra Energy Partners has recently decreased by 9.21%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipNextEra Energy Partners is a leading dividend payer. It pays a dividend yield of 12.99%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNextEra Energy Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of NextEra Energy Partners is 117.05%. 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 415.12% in the coming year. This indicates that NextEra Energy Partners may not be able to sustain their current dividend.Read more about NextEra Energy Partners' 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 3.7 News and Social Media Coverage News SentimentNextEra Energy Partners has a news sentiment score of 0.68. 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 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 28 news articles for NextEra Energy Partners this week, compared to 6 articles on an average week.Search Interest69 people have searched for NEP on MarketBeat in the last 30 days. This is an increase of 1% compared to the previous 30 days.MarketBeat Follows40 people have added NextEra Energy Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 43% 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 0.14% of the stock of NextEra Energy Partners is held by insiders.Percentage Held by Institutions66.01% 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.Read more about NextEra Energy Partners' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for NextEra Energy Partners are expected to decrease by -53.51% in the coming year, from $1.85 to $0.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NextEra Energy Partners is 8.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of NextEra Energy Partners is 8.59, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.75.Price to Book Value per Share RatioNextEra Energy Partners has a P/B Ratio of 0.17. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about NextEra Energy Partners' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyObama wins Presidential debate When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.” Please, watch this now before it’s too late. 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. The company owns contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is based 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 HeadlinesJuly 26 at 2:04 PM | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Shares Gap Up on Better-Than-Expected EarningsJuly 26 at 1:12 PM | americanbankingnews.comNextEra Energy Partners, LP (NYSE:NEP) Plans Quarterly Dividend of $0.91July 26, 2024 | Porter & Company (Ad)Obama wins Presidential debate When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.” July 26 at 7:28 AM | americanbankingnews.comWolfe Research Lowers NextEra Energy Partners (NYSE:NEP) to Peer PerformJuly 26 at 5:15 AM | fool.comThis Ultra-High-Yield Dividend Stock Continues Growing Its Payout (For Now)July 26 at 1:31 AM | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Sees Large Volume Increase on Earnings BeatJuly 25 at 3:23 AM | americanbankingnews.comNextEra Energy Partners, LP (NYSE:NEP) Receives $38.20 Consensus Price Target from AnalystsJuly 25 at 3:05 AM | gurufocus.comQ2 2024 Nextera Energy Inc and Nextera Energy Partners LP Earnings Call TranscriptJuly 26, 2024 | Porter & Company (Ad)Obama wins Presidential debate When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.” July 24 at 1:33 PM | msn.comNextEra Energy (NEE) Q2 2024 Earnings Call TranscriptJuly 24 at 1:33 PM | msn.comNextEra Energy Partners (NEP) Q2 2024 Earnings Call TranscriptJuly 24 at 8:32 AM | markets.businessinsider.comNextEra Energy Partners LP Reports Advance In Q2 Income, Beats EstimatesJuly 24 at 7:30 AM | prnewswire.comNextEra Energy second-quarter 2024 financial results available on company's websiteJuly 24 at 7:30 AM | prnewswire.comNextEra Energy Partners, LP second-quarter 2024 financial results available on partnership's websiteJuly 23 at 11:41 AM | 247wallst.comNeed $8,500? Invest in These 8 Dividend StocksJuly 23 at 5:29 AM | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Price Target Cut to $28.00 by Analysts at BMO Capital MarketsJuly 22, 2024 | americanbankingnews.comNextEra Energy Partners (NEP) Scheduled to Post Earnings on WednesdayJuly 20, 2024 | sg.finance.yahoo.comNEE Sep 2025 52.500 callSee 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 Ex-Dividend for 5/15 Dividend5/06/2024Dividend Payable5/15/2024Last Earnings7/24/2024Today7/26/2024Ex-Dividend for 8/14 Dividend8/06/2024Dividend Payable8/14/2024Next Earnings (Estimated)10/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Electric services Sub-IndustryUtilities Current SymbolNYSE:NEP CUSIPN/A CIK1603145 Webwww.nexteraenergy.com Phone(561) 694-4000FaxN/AEmployeesN/AYear Founded2014Price Target and Rating Average Stock Price Target$33.79 High Stock Price Target$58.00 Low Stock Price Target$20.00 Potential Upside/Downside+29.0%Consensus RatingHold Rating Score (0-4)2.06 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$3.05 Trailing P/E Ratio8.59 Forward P/E Ratio14.16 P/E GrowthN/ANet Income$200 million Net Margins24.42% Pretax Margin-1.41% Return on Equity-0.40% Return on Assets-0.25% Debt Debt-to-Equity Ratio0.35 Current Ratio1.36 Quick Ratio1.31 Sales & Book Value Annual Sales$1.08 billion Price / Sales2.27 Cash Flow$3.93 per share Price / Cash Flow6.67 Book Value$150.50 per share Price / Book0.17Miscellaneous Outstanding Shares93,540,000Free Float93,408,000Market Cap$2.45 billion OptionableOptionable Beta1.03 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. John W. Ketchum (Age 53)Chairman & CEO Ms. Rebecca J. Kujawa (Age 48)President & Director Mr. Brian W. BolsterCFO & DirectorMr. James Michael May (Age 47)Controller & Chief Accounting Officer Mr. Charles E. Sieving (Age 51)General Counsel Mr. Mark E. Hickson (Age 56)Executive VP of Strategy & Corporate Development and Director Mr. William Scott SeeleyCorporate SecretaryMr. Michael H. Dunne (Age 48)Treasurer & Assistant Secretary More ExecutivesKey CompetitorsPinnacle West CapitalNYSE:PNWOGE EnergyNYSE:OGEBrookfield Renewable PartnersNYSE:BEPCEMIGNYSE:CIGClearway EnergyNYSE:CWENView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpSold 957,894 shares on 7/26/2024Ownership: 0.510%Wealth Advisory Solutions LLCBought 4,768 shares on 7/26/2024Ownership: 0.030%Ninety One UK LtdSold 3,290 shares on 7/22/2024Ownership: 0.221%MONECO Advisors LLCBought 10,830 shares on 7/19/2024Ownership: 0.012%Central Bank & Trust Co.Bought 3,578 shares on 7/19/2024Ownership: 0.004%View All Institutional Transactions NEP Stock Analysis - Frequently Asked Questions How have NEP shares performed this year? NextEra Energy Partners' stock was trading at $30.41 on January 1st, 2024. Since then, NEP shares have decreased by 13.9% and is now trading at $26.19. View the best growth stocks for 2024 here. How were NextEra Energy Partners' earnings last quarter? NextEra Energy Partners, LP (NYSE:NEP) released its earnings results on Wednesday, July, 24th. The solar energy provider reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.07. The firm's revenue was up 22.9% compared to the same quarter last year. Who are NextEra Energy Partners' major shareholders? Top institutional shareholders of NextEra Energy Partners include M&G Plc (2.74%), Beach Investment Counsel Inc. PA (1.29%), Raymond James & Associates (0.86%) and Bank of New York Mellon Corp (0.51%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of NextEra Energy Partners own? Based on aggregate information from My MarketBeat watchlists, some other companies that NextEra Energy Partners investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Hawkins (HWKN) and Athabasca Oil (ATH). This page (NYSE:NEP) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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