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

$52.99
-0.06 (-0.11 %)
(As of 12/8/2019 05:48 AM ET)
Today's Range
$52.62
Now: $52.99
$53.14
50-Day Range
$50.29
MA: $52.12
$53.15
52-Week Range
$39.35
Now: $52.99
$53.90
Volume288,488 shs
Average Volume299,174 shs
Market Capitalization$3.22 billion
P/E Ratio18.21
Dividend Yield3.90%
Beta0.89
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.

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$6.59 per share
Book Value$89.09 per share

Profitability

Net Income$192 million

Miscellaneous

EmployeesN/A
Market Cap$3.22 billion
Next Earnings Date1/24/2020 (Estimated)
OptionableOptionable

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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, October 21st. Stockholders of record on Wednesday, November 6th will be paid a dividend of $0.517 per share on Thursday, November 14th. This represents a $2.07 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date of this dividend is Tuesday, November 5th. This is an increase from Nextera Energy Partners's previous quarterly dividend of $0.50. View Nextera Energy Partners' Dividend History.

How were Nextera Energy Partners' earnings last quarter?

Nextera Energy Partners LP (NYSE:NEP) posted its quarterly earnings data on Tuesday, October, 22nd. The solar energy provider reported ($1.21) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.40 by $1.61. The solar energy provider earned $253 million during the quarter, compared to analyst estimates of $354.51 million. Nextera Energy Partners had a negative return on equity of 2.49% and a negative net margin of 16.67%. During the same quarter in the previous year, the company earned $0.58 earnings per share. 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 Friday, January 24th 2020. View Earnings Estimates for Nextera Energy Partners.

What price target have analysts set for NEP?

5 brokers have issued 12-month target prices for Nextera Energy Partners' stock. Their forecasts range from $44.00 to $62.00. On average, they expect Nextera Energy Partners' stock price to reach $53.80 in the next year. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets for Nextera Energy Partners.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nextera Energy Partners in the last year. There are currently 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 stories about NEP stock have been trending negative recently, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, 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 media headlines about the solar energy provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Nextera Energy Partners.

Are investors shorting Nextera Energy Partners?

Nextera Energy Partners saw a decline in short interest in the month of October. As of October 15th, there was short interest totalling 1,110,000 shares, a decline of 11.9% from the September 15th total of 1,260,000 shares. Based on an average daily volume of 326,000 shares, the days-to-cover ratio is currently 3.4 days. Currently, 2.0% of the shares of the company are sold short. View Nextera Energy Partners' Current Options Chain.

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 Massachusetts Financial Services Co. MA (1.99%), Barclays PLC (1.79%), Eventide Asset Management LLC (1.75%), Artemis Investment Management LLP (1.49%), Kayne Anderson Capital Advisors LP (1.03%) and GW&K Investment Management LLC (1.02%). 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 Millennium Management LLC, Doyle Wealth Management, Gabelli Funds LLC, State Street Corp, Tiedemann Advisors LLC, A. D. Beadell Investment Counsel Inc., MAI Capital Management and Commonwealth Equity Services 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 Barclays PLC, Eventide Asset Management LLC, Artemis Investment Management LLP, Kayne Anderson Capital Advisors LP, Coastline Trust Co, California Public Employees Retirement System, Essex Investment Management Co. LLC and Point72 Asset Management L.P.. 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, Robinhood, Fidelity and Charles Schwab.

What is Nextera Energy Partners' stock price today?

One share of NEP stock can currently be purchased for approximately $52.99.

How big of a company is Nextera Energy Partners?

Nextera Energy Partners has a market capitalization of $3.22 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. View Additional Information About Nextera Energy Partners.

What is Nextera Energy Partners' official website?

The official website for Nextera Energy Partners is http://www.investor.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:  317 (Vote Outperform)
Underperform Votes:  343 (Vote Underperform)
Total Votes:  660
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 12/8/2019 by MarketBeat.com Staff

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