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
Phone561-694-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$771 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date10/22/2019 (Estimated)
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 declared a quarterly dividend on Tuesday, July 23rd. Investors of record on Tuesday, August 6th will be given a dividend of $0.502 per share on Wednesday, August 14th. This represents a $2.01 annualized dividend and a dividend yield of 3.74%. The ex-dividend date is Monday, August 5th. View Nextera Energy Partners' Dividend History.
How were Nextera Energy Partners' earnings last quarter?
Nextera Energy Partners LP (NYSE:NEP) issued its quarterly earnings data on Wednesday, July, 24th. The solar energy provider reported ($0.49) EPS for the quarter, missing analysts' consensus estimates of $0.48 by $0.97. The solar energy provider had revenue of $219 million for the quarter, compared to the consensus estimate of $292.21 million. Nextera Energy Partners had a negative return on equity of 0.44% and a negative net margin of 2.88%. View Nextera Energy Partners' Earnings History.
When is Nextera Energy Partners' next earnings date?
What price target have analysts set for NEP?
4 Wall Street analysts have issued 12 month price targets for Nextera Energy Partners' stock. Their predictions range from $44.00 to $52.00. On average, they expect Nextera Energy Partners' stock price to reach $48.3333 in the next year. This suggests that the stock has a possible downside of 10.0%. View Analyst Price Targets for Nextera Energy Partners.
What is the consensus analysts' recommendation for Nextera Energy Partners?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nextera Energy Partners in the last year. There are currently 2 hold ratings and 2 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 on Thursday, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nextera Energy Partners earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news coverage about the solar energy provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Nextera Energy Partners.
Who are some of Nextera Energy Partners' key competitors?
Some companies that are related to Nextera Energy Partners include Pinnacle West Capital (PNW), Enel Americas (ENIA), NRG Energy (NRG), CPFL Energia (CPL), ENGIE BRASIL EN/S (EGIEY), OGE Energy (OGE), Huaneng Power International Inc ADR Class N (HNP), Algonquin Power & Utilities (AQN), Brookfield Renewable Partners (BEP), CHINA RESOURES/ADR (CRPJY), CENTRICA PLC/S (CPYYY), CEMIG (CIG), Portland General Electric (POR), Hawaiian Electric Industries (HE) and Black Hills (BKH).
What other stocks do shareholders of Nextera Energy Partners own?
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 a variety of of institutional and retail investors. Top institutional shareholders include Energy Income Partners LLC (9.36%), Jennison Associates LLC (5.91%), Jennison Associates LLC (5.91%), Reaves W H & Co. Inc. (3.76%), Price T Rowe Associates Inc. MD (3.46%) and Beach Investment Counsel Inc. PA (2.26%). 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 BlackRock Inc., Vanguard Group Inc., Energy Income Partners LLC, Texas Yale Capital Corp., Beach Investment Counsel Inc. PA, Eaton Vance Management, Asset Management One Co. Ltd. and California Public Employees Retirement System. View Insider Buying and Selling for Nextera Energy Partners.
Which institutional investors are buying Nextera Energy Partners stock?
NEP stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Morgan Stanley, Marshall Wace North America L.P., Jennison Associates LLC, Jennison Associates LLC, Verition Fund Management LLC, Dividend Assets Capital LLC and Alps Advisors Inc.. 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 $53.69.
How big of a company is Nextera Energy Partners?
Nextera Energy Partners has a market capitalization of $3.01 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?
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)
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.
