QQQ   294.65 (+0.01%)
AAPL   142.19 (-1.46%)
MSFT   246.93 (-0.36%)
META   149.21 (+0.16%)
GOOGL   98.14 (-0.71%)
AMZN   102.44 (-0.67%)
TSLA   174.30 (+0.62%)
NVDA   201.10 (+2.93%)
NIO   11.66 (-3.40%)
BABA   110.91 (+0.64%)
AMD   81.49 (+8.44%)
T   20.23 (-0.69%)
MU   61.15 (+1.41%)
F   13.62 (+0.81%)
CGC   2.98 (-1.65%)
GE   81.24 (+0.94%)
DIS   107.90 (-0.54%)
AMC   5.45 (+1.87%)
PFE   43.75 (-0.93%)
PYPL   80.46 (-1.26%)
NFLX   356.36 (+0.71%)
QQQ   294.65 (+0.01%)
AAPL   142.19 (-1.46%)
MSFT   246.93 (-0.36%)
META   149.21 (+0.16%)
GOOGL   98.14 (-0.71%)
AMZN   102.44 (-0.67%)
TSLA   174.30 (+0.62%)
NVDA   201.10 (+2.93%)
NIO   11.66 (-3.40%)
BABA   110.91 (+0.64%)
AMD   81.49 (+8.44%)
T   20.23 (-0.69%)
MU   61.15 (+1.41%)
F   13.62 (+0.81%)
CGC   2.98 (-1.65%)
GE   81.24 (+0.94%)
DIS   107.90 (-0.54%)
AMC   5.45 (+1.87%)
PFE   43.75 (-0.93%)
PYPL   80.46 (-1.26%)
NFLX   356.36 (+0.71%)
QQQ   294.65 (+0.01%)
AAPL   142.19 (-1.46%)
MSFT   246.93 (-0.36%)
META   149.21 (+0.16%)
GOOGL   98.14 (-0.71%)
AMZN   102.44 (-0.67%)
TSLA   174.30 (+0.62%)
NVDA   201.10 (+2.93%)
NIO   11.66 (-3.40%)
BABA   110.91 (+0.64%)
AMD   81.49 (+8.44%)
T   20.23 (-0.69%)
MU   61.15 (+1.41%)
F   13.62 (+0.81%)
CGC   2.98 (-1.65%)
GE   81.24 (+0.94%)
DIS   107.90 (-0.54%)
AMC   5.45 (+1.87%)
PFE   43.75 (-0.93%)
PYPL   80.46 (-1.26%)
NFLX   356.36 (+0.71%)
QQQ   294.65 (+0.01%)
AAPL   142.19 (-1.46%)
MSFT   246.93 (-0.36%)
META   149.21 (+0.16%)
GOOGL   98.14 (-0.71%)
AMZN   102.44 (-0.67%)
TSLA   174.30 (+0.62%)
NVDA   201.10 (+2.93%)
NIO   11.66 (-3.40%)
BABA   110.91 (+0.64%)
AMD   81.49 (+8.44%)
T   20.23 (-0.69%)
MU   61.15 (+1.41%)
F   13.62 (+0.81%)
CGC   2.98 (-1.65%)
GE   81.24 (+0.94%)
DIS   107.90 (-0.54%)
AMC   5.45 (+1.87%)
PFE   43.75 (-0.93%)
PYPL   80.46 (-1.26%)
NFLX   356.36 (+0.71%)
NYSE:NEP

NextEra Energy Partners - NEP Stock Forecast, Price & News

$72.14
-1.16 (-1.58%)
(As of 02/1/2023 02:00 PM ET)
Add
Compare
Today's Range
$71.98
$73.12
50-Day Range
$70.09
$80.49
52-Week Range
$61.31
$86.06
Volume
307,148 shs
Average Volume
657,898 shs
Market Capitalization
$6.24 billion
P/E Ratio
12.75
Dividend Yield
4.38%
Price Target
$85.60

NextEra Energy Partners MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
18.5% Upside
$85.40 Price Target
Short Interest
Healthy
5.92% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.96mentions of NextEra Energy Partners in the last 14 days
Based on 22 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
22.89%
From $2.49 to $3.06 Per Share

Overall MarketRank

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

2.90 out of 5 stars

Oils/Energy Sector

21st out of 247 stocks

Electric Services Industry

5th out of 40 stocks


NEP stock logo

About NextEra Energy Partners (NYSE:NEP) Stock

NextEra Energy Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.

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

Top Innovation Stock
Today's stock market report features an AI Robotics tech stock with a $4 million order backlog.
NextEra Energy Partners (NYSE:NEP) Cut to "Sell" at StockNews.com
Move Over Lithium – 220 Pounds of Graphite In Every EV Battery
Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. But America hasn't produced any graphite since the 1950s. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska.
NextEra Energy Partners (NYSE:NEP) Price Target Cut to $86.00
NextEra Energy Partners, LP (NEP)
NGG or NEE: Which Is the Better Value Stock Right Now?
16 Biggest Utility Companies in the US
See 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.

NEP Company Calendar

Ex-Dividend for 11/14 Dividend
11/03/2022
Dividend Payable
11/14/2022
Last Earnings
1/25/2023
Today
2/01/2023
Ex-Dividend for 2/14 Dividend
2/03/2023
Dividend Payable
2/14/2023
Next Earnings (Estimated)
4/20/2023
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
$85.40
High Stock Price Forecast
$94.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+18.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

Net Income
$477 million
Pretax Margin
105.01%

Debt

Sales & Book Value

Annual Sales
$1.21 billion
Cash Flow
$6.48 per share
Book Value
$129.18 per share

Miscellaneous

Free Float
86,345,000
Market Cap
$6.24 billion
Optionable
Optionable
Beta
0.92

Key Executives

  • John W. Ketchum
    Chief Executive Officer & Director
  • Rebecca Jones Kujawa
    President & Director
  • Terrell Kirk Crews
    Chief Financial Officer & Director
  • W. Scott Seeley
    Secretary, Head-Compliance & Vice President
  • Mark E. Hickson
    Director, EVP-Strategy & Corporate Development













NEP Stock - Frequently Asked Questions

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

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last year. There are currently 1 sell rating, 3 hold ratings and 6 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?

10 Wall Street analysts have issued 12 month target prices for NextEra Energy Partners' shares. Their NEP share price forecasts range from $70.00 to $94.00. On average, they anticipate the company's stock price to reach $85.40 in the next twelve months. This suggests a possible upside of 17.0% 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 on January 1st, 2023. Since then, NEP stock has increased by 4.1% and is now trading at $72.99.
View the best growth stocks for 2023 here
.

Are investors shorting NextEra Energy Partners?

NextEra Energy Partners saw a increase in short interest during the month of December. As of December 15th, there was short interest totaling 5,310,000 shares, an increase of 9.9% from the November 30th total of 4,830,000 shares. Based on an average trading volume of 491,800 shares, the short-interest ratio is currently 10.8 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 Thursday, April 20th 2023.
View our NEP earnings forecast
.

How were NextEra Energy Partners' earnings last quarter?

NextEra Energy Partners, LP (NYSE:NEP) announced its quarterly earnings data on Wednesday, January, 25th. The solar energy provider reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by $0.12. The solar energy provider had revenue of $266 million for the quarter, compared to the consensus estimate of $336.74 million. NextEra Energy Partners had a net margin of 39.39% and a trailing twelve-month return on equity of 4.00%. The firm's revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the business posted ($0.12) EPS.

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 Wednesday, January 25th. Shareholders of record on Monday, February 6th will be paid a dividend of $0.8125 per share on Tuesday, February 14th. This represents a $3.25 dividend on an annualized basis and a yield of 4.45%. The ex-dividend date is Friday, February 3rd. This is a positive change from the stock's previous quarterly dividend of $0.79.
Read our dividend analysis for NEP
.

Is NextEra Energy Partners a good dividend stock?

NextEra Energy Partners (NYSE:NEP) pays an annual dividend of $3.15 per share and currently has a dividend yield of 4.38%. 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 55.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, NEP will have a dividend payout ratio of 102.94% 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 shareholders include M&G Investment Management Ltd. (1.69%), Artemis Investment Management LLP (1.17%), International Assets Investment Management LLC (0.66%), Lehman & Derafelo Financial Resources LLC (0.41%), DekaBank Deutsche Girozentrale (0.22%) and Hall Private Wealth Advisors (0.15%).
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 $72.99.

How much money does NextEra Energy Partners make?

NextEra Energy Partners (NYSE:NEP) has a market capitalization of $6.32 billion and generates $1.21 billion in revenue each year. The solar energy provider earns $477 million in net income (profit) each year or $5.66 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 2/1/2023 by MarketBeat.com Staff