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Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
New York lawmakers pass $237 billion budget with policies to jump-start housing market
NYSE:NEP

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

$27.14
+0.07 (+0.26%)
(As of 04/19/2024 ET)
Today's Range
$26.91
$27.55
50-Day Range
$26.42
$30.36
52-Week Range
$20.17
$64.43
Volume
753,774 shs
Average Volume
1.18 million shs
Market Capitalization
$2.54 billion
P/E Ratio
12.74
Dividend Yield
12.97%
Price Target
$43.88

NextEra Energy Partners MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
61.7% Upside
$43.88 Price Target
Short Interest
Bearish
5.19% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.95mentions of NextEra Energy Partners in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.22%
From $0.90 to $1.01 Per Share

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.

4.55 out of 5 stars

Oils/Energy Sector

23rd out of 235 stocks

Electric Services Industry

8th out of 39 stocks

NEP stock logo

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.

NEP Stock Price History

NEP Stock News Headlines

3 High Dividend Stocks to Replace Lower Savings Yields Ahead (NEP)
Three stocks stand out as the most attractive dividend propositions, particularly now that savings yields may drop as a result of the Fed's rate cuts
3 High Dividend Socks to Replace Lower Savings Yields Ahead
Most people have not—and likely will not—realize one of the biggest side effects of the potential interest rate cuts being proposed by the Federal Reserve (the Fed). A cut in interest rates could help stimulate consumer activity, as U.S. consumer sentiment recently reached a 2021 high.
A.I. Pioneer Issues Urgent Warning to Americans
With artificial intelligence creeping into every facet of our lives, what should you be doing to "A.I.-Proof" your future? It's the question on many of our minds.
NextEra Energy Partners: Lower For Longer
A.I. Pioneer Issues Urgent Warning to Americans
With artificial intelligence creeping into every facet of our lives, what should you be doing to "A.I.-Proof" your future? It's the question on many of our minds.
20 US States with the Highest Electricity Consumption
11 Best Electrical Infrastructure Stocks to Buy Now
See More Headlines
Receive NEP Stock News and Ratings via Email

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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 2/14 Dividend
2/05/2024
Dividend Payable
2/14/2024
Today
4/20/2024
Next Earnings (Confirmed)
4/23/2024
Fiscal Year End
12/31/2024

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 Target
$43.88
High Stock Price Target
$81.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+61.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
15 Analysts

Profitability

Net Income
$200 million
Pretax Margin
-23.84%

Debt

Sales & Book Value

Annual Sales
$1.08 billion
Cash Flow
$4.13 per share
Book Value
$150.50 per share

Miscellaneous

Free Float
93,301,000
Market Cap
$2.54 billion
Optionable
Optionable
Beta
1.00
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Key Executives

  • Mr. John W. Ketchum (Age 53)
    Chairman & CEO
  • Ms. Rebecca J. Kujawa (Age 48)
    President & Director
  • Mr. Terrell Kirk Crews II (Age 46)
    CFO & Director
  • Mr. 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 Seeley
    Corporate Secretary
  • Mr. Michael H. Dunne (Age 48)
    Treasurer & Assistant Secretary

NEP Stock Analysis - Frequently Asked Questions

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

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last twelve months. There are currently 10 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities 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?

15 brokerages have issued 12 month target prices for NextEra Energy Partners' stock. Their NEP share price targets range from $20.00 to $81.00. On average, they predict the company's share price to reach $43.88 in the next twelve months. This suggests a possible upside of 61.7% 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 2024?

NextEra Energy Partners' stock was trading at $30.41 at the start of the year. Since then, NEP stock has decreased by 10.8% and is now trading at $27.14.
View the best growth stocks for 2024 here
.

When is NextEra Energy Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our NEP earnings forecast
.

How can I listen to NextEra Energy Partners' earnings call?

NextEra Energy Partners will be holding an earnings conference call on Tuesday, April 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were NextEra Energy Partners' earnings last quarter?

NextEra Energy Partners, LP (NYSE:NEP) posted its quarterly earnings data on Thursday, January, 25th. The solar energy provider reported ($0.35) earnings per share for the quarter, missing the consensus estimate of $0.03 by $0.38. The solar energy provider earned $232 million during the quarter, compared to analysts' expectations of $360.03 million. NextEra Energy Partners had a net margin of 16.00% and a negative trailing twelve-month return on equity of 1.06%.

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 Wednesday, January 24th. Investors of record on Tuesday, February 6th will be given a dividend of $0.88 per share on Wednesday, February 14th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 12.97%. The ex-dividend date is Monday, February 5th. This is an increase from the stock's previous quarterly dividend of $0.87.
Read our dividend analysis for NEP
.

Is NextEra Energy Partners a good dividend stock?

NextEra Energy Partners (NYSE:NEP) pays an annual dividend of $3.52 per share and currently has a dividend yield of 12.97%. 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 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 165.26%. 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 348.51% 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?
Who are NextEra Energy Partners' major shareholders?

NextEra Energy Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include Walnut Private Equity Partners LLC (0.14%), Miller Howard Investments Inc. NY (0.06%), Abundance Wealth Counselors (0.05%), Ervin Investment Management LLC (0.03%), Brown Miller Wealth Management LLC (0.02%) and &PARTNERS (0.01%).
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.

This page (NYSE:NEP) was last updated on 4/21/2024 by MarketBeat.com Staff

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