NextEra Energy Partners, LP Company Profile (NYSE:NEP)

About NextEra Energy Partners, LP (NYSE:NEP)

NextEra Energy Partners, LP logoNextera Energy Partners, LP is a limited partnership formed to acquire, manage and own contracted clean energy projects. The Company, through its limited partnership interest in NextEra Energy Operating Partners, LP (NEP OpCo), owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. The Company's primary business objective is to invest in contracted clean energy projects. As of December 31, 2016, the Company's project portfolio of clean, contracted renewable energy assets (initial portfolio) included approximately 989 megawatts (MW) of wind and solar energy generating facilities located in the United States and Canada. As of December 31, 2016, the Company's portfolio included Genesis, Northern Colorado, Tuscola Bay, Elk City, Perrin Ranch, Bluewater, Moore, Sombra, Shafter, Palo Duro, Stateline, Mammoth Plains, Jericho, Cedar Bluff Wind and Golden Hills Wind.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $2.09029 billion
  • Outstanding Shares: 54,251,000
Average Prices:
  • 50 Day Moving Avg: $36.56
  • 200 Day Moving Avg: $32.88
  • 52 Week Range: $23.90 - $39.83
P/E:
  • Trailing P/E Ratio: 20.89
  • Foreward P/E Ratio: 18.71
  • P/E Growth: 0.80
Sales & Book Value:
  • Annual Revenue: $719 million
  • Price / Sales: 2.88
  • Book Value: $32.02 per share
  • Price / Book: 1.19
Dividend:
  • Annual Dividend: $1.46
  • Dividend Yield: 3.8%
Profitability:
  • EBIDTA: $491 million
  • Net Margins: 13.70%
  • Return on Equity: 4.69%
  • Return on Assets: 1.37%
Debt:
  • Debt-to-Equity Ratio: 1.71%
  • Current Ratio: 1.83%
  • Quick Ratio: 1.83%
Misc:
  • Average Volume: 208,832 shs.
  • Beta: 1.23
  • Short Ratio: 3.07
 

Frequently Asked Questions for NextEra Energy Partners, LP (NYSE:NEP)

What is NextEra Energy Partners, LP's stock symbol?

NextEra Energy Partners, LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEP."

How often does NextEra Energy Partners, LP pay dividends? What is the dividend yield for NextEra Energy Partners, LP?

NextEra Energy Partners, LP announced a quarterly dividend on Friday, April 21st. Shareholders of record on Monday, May 8th will be given a dividend of $0.365 per share on Monday, May 15th. This represents a $1.46 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date of this dividend is Thursday, May 4th. This is a positive change from NextEra Energy Partners, LP's previous quarterly dividend of $0.35. View NextEra Energy Partners, LP's Dividend History.

How were NextEra Energy Partners, LP's earnings last quarter?

NextEra Energy Partners, LP (NYSE:NEP) issued its earnings results on Friday, April, 21st. The company reported $0.22 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.40 by $0.18. The company had revenue of $175 million for the quarter, compared to analyst estimates of $232.06 million. NextEra Energy Partners, LP had a net margin of 13.70% and a return on equity of 4.69%. During the same period in the prior year, the business posted $0.14 earnings per share. View NextEra Energy Partners, LP's Earnings History.

When will NextEra Energy Partners, LP make its next earnings announcement?

NextEra Energy Partners, LP is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for NextEra Energy Partners, LP.

Where is NextEra Energy Partners, LP's stock going? Where will NextEra Energy Partners, LP's stock price be in 2017?

11 equities research analysts have issued 12 month price objectives for NextEra Energy Partners, LP's shares. Their forecasts range from $33.00 to $45.00. On average, they expect NextEra Energy Partners, LP's stock price to reach $37.00 in the next year. View Analyst Ratings for NextEra Energy Partners, LP.

Who are some of NextEra Energy Partners, LP's key competitors?

Who are NextEra Energy Partners, LP's key executives?

NextEra Energy Partners, LP's management team includes the folowing people:

  • James L. Robo, Chairman of the Board, Chief Executive Officer of General Partner
  • Armando Pimentel Jr., President, Director of General Partner
  • John W. Ketchum, Chief Financial Officer, Director of General Partner
  • Mark E. Hickson, Executive Vice President-Strategy and Corporate Development Director
  • Terrell Kirk Crews II, Chief Accounting Officer, Principal Accounting Officer, Controller of the General Partner
  • Charles E. Sieving, General Counsel, Director of General Partner
  • Paul I. Cutler, Treasurer, Assistant Secretary of General Partner
  • Susan Davenport Austin, Independent Director of the General Partner
  • Peter H. Kind, Independent Director of the General Partner
  • James Suciu, Independent Director of the General Partner

Who owns NextEra Energy Partners, LP stock?

NextEra Energy Partners, LP's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Tealwood Asset Management Inc. (0.12%), Searle & CO. (0.10%), Bank of Montreal Can (0.10%), Berson & Corrado Investment Advisors LLC (0.04%), Meeder Asset Management Inc. (0.03%) and US Bancorp DE (0.01%). Company insiders that own NextEra Energy Partners, LP stock include Armando Pimentel Jr, Armando Pimentel, Jr, Mark E Hickson and Paul I Cutler. View Institutional Ownership Trends for NextEra Energy Partners, LP.

Who bought NextEra Energy Partners, LP stock? Who is buying NextEra Energy Partners, LP stock?

NextEra Energy Partners, LP's stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, US Bancorp DE, Berson & Corrado Investment Advisors LLC and Tealwood Asset Management Inc.. Company insiders that have bought NextEra Energy Partners, LP stock in the last two years include Armando Pimentel Jr, Armando Pimentel, Jr, Mark E Hickson and Paul I Cutler. View Insider Buying and Selling for NextEra Energy Partners, LP.

How do I buy NextEra Energy Partners, LP stock?

Shares of NextEra Energy Partners, LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is NextEra Energy Partners, LP's stock price today?

One share of NextEra Energy Partners, LP stock can currently be purchased for approximately $38.16.


MarketBeat Community Rating for NextEra Energy Partners, LP (NYSE NEP)
Community Ranking:  2.5 out of 5 (  )
Outperform Votes:  151 (Vote Outperform)
Underperform Votes:  153 (Vote Underperform)
Total Votes:  304
MarketBeat's community ratings are surveys of what our community members think about NextEra Energy Partners, LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for NextEra Energy Partners, LP (NYSE:NEP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.73)
Consensus Price Target: $37.00 (3.04% downside)

Analysts' Ratings History for NextEra Energy Partners, LP (NYSE:NEP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/7/2017Royal Bank Of CanadaReiterated RatingHold$34.00 -> $38.00LowView Rating Details
6/1/2017Williams CapitalInitiated CoverageBuy -> Buy$45.00LowView Rating Details
4/23/2017Barclays PLCReiterated RatingOverweight$34.00 -> $39.00HighView Rating Details
4/11/2017Deutsche Bank AGBoost Price TargetBuy$33.00 -> $35.00LowView Rating Details
3/29/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$34.00MediumView Rating Details
3/23/2017MacquarieDowngradeOutperform -> NeutralMediumView Rating Details
3/11/2017Credit Suisse GroupSet Price TargetBuy$33.00 -> $40.00N/AView Rating Details
2/17/2017Raymond James Financial, Inc.Initiated CoverageOutperform$35.00N/AView Rating Details
11/21/2016GabelliUpgradeHold -> BuyN/AView Rating Details
11/1/2016Avondale PartnersUpgradeMarket Perform -> Outperform$33.00N/AView Rating Details
9/8/2016Oppenheimer Holdings, Inc.Initiated CoverageOutperform$34.00N/AView Rating Details
2/23/2016J P Morgan Chase & CoBoost Price TargetNeutral$25.00 -> $29.00N/AView Rating Details
1/29/2016BMO Capital MarketsLower Price TargetOutperform$34.00 -> $31.00N/AView Rating Details
11/17/2015ScotiabankReiterated RatingSector Perform$32.00N/AView Rating Details
11/17/2015Howard WeilInitiated CoverageSector Perform$32.00N/AView Rating Details
8/31/2015KeyCorpUpgradeSector Weight -> Overweight$38.00N/AView Rating Details
8/25/2015Robert W. BairdInitiated CoverageOutperform$43.00N/AView Rating Details
8/4/2015MizuhoLower Price TargetBuy$56.00 -> $47.00N/AView Rating Details
7/27/2015Wells Fargo & CompanyUpgradeMarket Perform -> OutperformN/AView Rating Details
(Data available from 7/20/2015 forward)

Earnings

Earnings History for NextEra Energy Partners, LP (NYSE:NEP)
Earnings by Quarter for NextEra Energy Partners, LP (NYSE:NEP)
Earnings History by Quarter for NextEra Energy Partners, LP (NYSE NEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/25/2017        
4/21/2017Q1 2017$0.40$0.22$232.06 million$175.00 millionViewN/AView Earnings Details
1/27/2017Q416$0.32$0.91$230.29 million$176.00 millionViewN/AView Earnings Details
10/31/2016Q316$0.33$0.62$195.67 million$188.00 millionViewListenView Earnings Details
7/27/2016Q116$0.33$0.19$195.70 million$171.00 millionViewListenView Earnings Details
4/28/2016Q415$0.33$0.14$181.70 million$165.00 millionViewListenView Earnings Details
10/28/2015Q315$0.26$0.05$131.43 million$103.00 millionViewListenView Earnings Details
8/3/2015Q215$0.26$0.16$114.37 million$107.00 millionViewN/AView Earnings Details
4/29/2015Q115$0.22$0.08$88.30 million$74.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for NextEra Energy Partners, LP (NYSE:NEP)
2017 EPS Consensus Estimate: $1.18
2018 EPS Consensus Estimate: $2.36
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.17$0.26$0.22
Q2 20173$0.16$0.38$0.25
Q3 20173$0.15$0.55$0.30
Q4 20173$0.25$0.72$0.41
Q1 20181$0.33$0.33$0.33
Q2 20181$0.45$0.45$0.45
Q3 20181$0.76$0.76$0.76
Q4 20181$0.82$0.82$0.82
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for NextEra Energy Partners, LP (NYSE:NEP)
Most Recent Dividend:5/15/2017
Annual Dividend:$1.46
Dividend Yield:3.83%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:75.26% (Trailing 12 Months of Earnings)
101.39% (Based on This Year's Estimates)
71.57% (Based on Next Year's Estimates)
Dividend Payments by Quarter for NextEra Energy Partners, LP (NYSE:NEP)

Dividend History by Quarter for NextEra Energy Partners, LP (NYSE NEP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/21/2017Quarterly$0.374.31%5/4/20175/8/20175/15/2017
1/27/2017quarterly$0.352/3/20172/7/20172/14/2017
11/1/2016quarterly$0.345.16%11/4/201611/8/201611/14/2016
7/27/2016quarterly$0.334.24%8/2/20168/4/20168/12/2016
4/28/2016quarterly$0.324.41%5/4/20165/6/20165/13/2016
1/28/2016quarterly$0.314%2/3/20162/5/20162/12/2016
10/28/2015quarterly$0.274.2%11/3/201511/5/201511/13/2015
8/3/2015quarterly$0.242.88%8/7/20158/11/20158/14/2015
4/29/2015quarterly$0.211.94%5/1/20155/5/20155/15/2015
1/27/2015quarterly$0.201.95%2/2/20152/4/20152/13/2015
10/30/2014quarterly$0.1911/3/201411/5/201411/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for NextEra Energy Partners, LP (NYSE:NEP)
Insider Ownership Percentage: 0.46%
Institutional Ownership Percentage: 85.59%
Insider Trades by Quarter for NextEra Energy Partners, LP (NYSE:NEP)
Institutional Ownership by Quarter for NextEra Energy Partners, LP (NYSE:NEP)
Insider Trades by Quarter for NextEra Energy Partners, LP (NYSE:NEP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/14/2017Armando Pimentel JrInsiderBuy5,000$38.23$191,150.00View SEC Filing  
7/5/2017Mark E HicksonEVPBuy1,350$37.51$50,638.50View SEC Filing  
9/11/2015Paul I CutlerTreasurerBuy12,000$26.00$312,000.00View SEC Filing  
8/28/2015Armando Pimentel, Jr.insiderBuy5,000$29.97$149,850.00View SEC Filing  
7/1/2014Armando Pimentel JrInsiderBuy10,000$25.00$250,000.00View SEC Filing  
7/1/2014Charles E SievingGeneral CounselBuy23,358$25.00$583,950.00View SEC Filing  
7/1/2014Chris N FroggattCAOBuy5,837$25.00$145,925.00View SEC Filing  
7/1/2014James L RoboCEOBuy143,576$28.68$4,117,759.68View SEC Filing  
7/1/2014Mark E HicksonVPBuy3,430$25.00$85,750.00View SEC Filing  
7/1/2014Moray P DewhurstCFOBuy25,000$25.00$625,000.00View SEC Filing  
7/1/2014Paul I CutlerTreasurerBuy24,525$25.00$613,125.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for NextEra Energy Partners, LP (NYSE:NEP)
Latest Headlines for NextEra Energy Partners, LP (NYSE:NEP)
Source:
DateHeadline
finance.yahoo.com logoHow NextEra Energy Managed to Grow Faster than Peers
finance.yahoo.com - July 18 at 8:53 PM
finance.yahoo.com logoWill NextEra Energy Keep Up Its Revenue Growth?
finance.yahoo.com - July 18 at 3:52 PM
finance.yahoo.com logoNextEra’s Total Returns Surpass Returns of Other Utility Giants
finance.yahoo.com - July 18 at 3:52 PM
americanbankingnews.com logoInsider Buying: NextEra Energy Partners, LP (NYSE:NEP) Insider Purchases 5,000 Shares of Stock
www.americanbankingnews.com - July 17 at 4:26 PM
americanbankingnews.com logoReviewing NextEra Energy Partners, (NYSE:NEP) & Sky Solar Holdings (SKYS)
www.americanbankingnews.com - July 15 at 10:08 AM
americanbankingnews.com logoNextEra Energy Partners, LP (NEP) Expected to Post Quarterly Sales of $232.03 Million
www.americanbankingnews.com - July 13 at 11:44 AM
finance.yahoo.com logoNextEra Energy Partners, LP announces date for release of second-quarter 2017 financial results
finance.yahoo.com - July 13 at 7:13 AM
finance.yahoo.com logoNextEra Energy announces date for release of second-quarter 2017 financial results
finance.yahoo.com - July 13 at 7:13 AM
finance.yahoo.com logoNextEra Affiliate to Install 1M Solar Panels at Treasure Coast
finance.yahoo.com - July 13 at 7:13 AM
americanbankingnews.com logoCritical Comparison: NextEra Energy Partners, (NYSE:NEP) versus Brookfield Renewable Partners L.P. (BEP)
www.americanbankingnews.com - July 12 at 8:48 PM
americanbankingnews.com logo Brokerages Anticipate NextEra Energy Partners, LP (NEP) Will Announce Earnings of $0.40 Per Share
www.americanbankingnews.com - July 11 at 8:15 AM
finance.yahoo.com logoNextera Energy US Partners Holdings, LLC -- Correction to Text, June 22, 2017 Release: Moody's Assigns Ba1 Corporate Family Rating to NextEra Energy Partners LP; Outlook stable
finance.yahoo.com - July 11 at 3:27 AM
finance.yahoo.com logoWarren Buffett on $9 billion Oncor deal: "When we invest in Texas, we invest big!”
finance.yahoo.com - July 9 at 12:19 PM
finance.yahoo.com logoBerkshire Wastes No Time Wooing Texas to Close Deal for Oncor
finance.yahoo.com - July 9 at 12:19 PM
finance.yahoo.com logoHey, Buffett, Elliott's on the Line
finance.yahoo.com - July 9 at 12:19 PM
nasdaq.com logoThursday 7/6 Insider Buying Report: NEP, CLMT - Nasdaq
www.nasdaq.com - July 8 at 12:58 PM
nasdaq.com logoShould Value Investors Consider NextEra Energy (NEP) Stock? - Nasdaq
www.nasdaq.com - July 8 at 12:58 PM
americanbankingnews.com logoRoyal Bank Of Canada Reaffirms Hold Rating for NextEra Energy Partners, LP (NEP)
www.americanbankingnews.com - July 7 at 9:28 PM
finance.yahoo.com logoBerkshire Trying an Oncor Takeover in Texas Where Others Failed
finance.yahoo.com - July 7 at 1:46 AM
finance.yahoo.com logoBerkshire Hathaway Energy to buy Oncor
finance.yahoo.com - July 7 at 1:46 AM
finance.yahoo.com logoBerkshire Nears Oncor Deal After NextEra Failed
finance.yahoo.com - July 6 at 8:44 PM
finance.yahoo.com logoBerkshire Hathaway Energy is close to a $17.5 billion deal for Oncor, report says
finance.yahoo.com - July 6 at 8:44 PM
americanbankingnews.com logoNextEra Energy Partners, LP (NYSE:NEP) EVP Mark E. Hickson Acquires 1,350 Shares
www.americanbankingnews.com - July 5 at 8:08 PM
americanbankingnews.com logoBrookfield Renewable Partners L.P. (BEP) vs. NextEra Energy Partners, (NYSE:NEP) Head to Head Survey
www.americanbankingnews.com - July 4 at 10:50 AM
americanbankingnews.com logoNextEra Energy Partners, LP (NYSE:NEP) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - July 3 at 11:58 PM
americanbankingnews.com logoNextEra Energy Partners, LP (NEP) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - July 3 at 10:59 AM
americanbankingnews.com logoNextEra Energy Partners, LP (NYSE:NEP) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - July 1 at 4:30 PM
americanbankingnews.com logoNextEra Energy Partners, LP (NEP) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 27 at 7:24 AM
americanbankingnews.com logoNextEra Energy Partners, LP (NEP) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - June 25 at 12:36 PM
nasdaq.com logoNextEra (NEP) Looks Good: Stock Moves Up 5.5% in Session - Nasdaq
www.nasdaq.com - June 24 at 12:19 AM
finance.yahoo.com logoNextera Energy US Partners Holdings, LLC -- Moody's Assigns Ba1 Corporate Family Rating to NextEra Energy Partners LP; Outlook stable
finance.yahoo.com - June 23 at 8:22 AM
americanbankingnews.com logoNextEra Energy Partners, LP (NEP) Stock Rating Upgraded by Vetr Inc.
www.americanbankingnews.com - June 23 at 12:24 AM
finance.yahoo.com logoPros and Cons of Southern Company’s Dividend Profile
finance.yahoo.com - June 21 at 7:58 PM
americanbankingnews.com logoAnalyzing Nextera Energy Partners (NEP) and Sky Solar Holdings (SKYS)
www.americanbankingnews.com - June 18 at 12:42 AM
americanbankingnews.com logo Brokerages Expect NextEra Energy Partners, LP (NEP) Will Post Quarterly Sales of $232.03 Million
www.americanbankingnews.com - June 17 at 10:38 AM
finance.yahoo.com logoThis Utility Has the Most ‘Buy’ Recommendations among US Majors
finance.yahoo.com - June 16 at 7:44 PM
americanbankingnews.com logoContrasting Vectren Corporation (VVC) and NextEra Energy Partners, (NEP)
www.americanbankingnews.com - June 16 at 4:46 PM
finance.yahoo.com logoNextEra (NEE) Unit to Add 8 Solar Plants with 600MW Capacity
finance.yahoo.com - June 16 at 8:04 AM
finance.yahoo.com logoInside the Top US Utilities’ Dividend Profiles
finance.yahoo.com - June 16 at 8:04 AM
americanbankingnews.com logo$0.40 EPS Expected for NextEra Energy Partners, LP (NEP) This Quarter
www.americanbankingnews.com - June 15 at 7:38 AM
finance.yahoo.com logoThe Best Utility Stock out There: NEE, DUK, or SO?
finance.yahoo.com - June 13 at 6:54 PM
americanbankingnews.com logoNextera Energy Partners LP (NEP) Raised to Strong-Buy at BidaskClub
www.americanbankingnews.com - June 10 at 6:44 PM
seekingalpha.com logoNextEra Energy Partners: Green Energy Will Succeed Despite Trump's Withdrawal From Paris Accord
seekingalpha.com - June 8 at 7:41 PM
finance.yahoo.com logoAre Analysts Still Positive about NextEra Energy?
finance.yahoo.com - June 8 at 7:41 PM
finance.yahoo.com logoThe Latest on US Utilities’ Total Returns
finance.yahoo.com - June 8 at 7:41 PM
finance.yahoo.com logo[$$] Brickley's Take: Energy Future Seeks to Boost Bankruptcy Loan
finance.yahoo.com - June 6 at 7:29 PM
americanbankingnews.com logoNextera Energy Partners LP (NEP) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - June 6 at 10:19 AM
finance.yahoo.com logoSO, NEE, and D: Comparing US Utilities’ Total Returns
finance.yahoo.com - June 6 at 9:01 AM
americanbankingnews.com logoNextera Energy Partners LP (NEP) to Post Q2 2017 Earnings of $0.38 Per Share, Williams Capital Forecasts
www.americanbankingnews.com - June 5 at 7:11 AM
americanbankingnews.com logoNextera Energy Partners LP (NEP) Now Covered by Analysts at Williams Capital
www.americanbankingnews.com - June 1 at 7:58 AM

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NextEra Energy Partners, LP (NEP) Chart for Thursday, July, 20, 2017

This page was last updated on 7/20/2017 by MarketBeat.com Staff