NYSE:NEPNextera Energy Partners Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Nextera Energy Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $50.74 -0.66 (-1.28 %) (As of 05/29/2020 01:12 PM ET) Add Compare Share Today's Range$49.66Now: $50.74▼$51.7850-Day Range$39.55MA: $47.35▼$50.5852-Week Range$29.01Now: $50.74▼$61.87Volume151,810 shsAverage Volume401,159 shsMarket Capitalization$3.32 billionP/E RatioN/ADividend Yield4.39%Beta1.16 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingNextera Energy Partners has received a consensus rating of Buy. The company's average rating score is 2.55, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $58.05, Nextera Energy Partners has a potential upside of 14.4% from its current price of $50.74.Amount of Analyst CoverageNextera Energy Partners has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesNextera Energy Partners has received 338 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNextera Energy Partners has received 365 “underperform” votes. (Add your “underperform” vote.)Community SentimentNextera Energy Partners has received 51.92% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipNextera Energy Partners is a leading dividend payer. It pays a dividend yield of 4.39%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNextera Energy Partners has only been increasing its dividend for 4 years.Dividend SustainabilityBased on EPS estimates, Nextera Energy Partners will have a dividend payout ratio of 87.75 % in the coming year. This indicates that Nextera Energy Partners may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nextera Energy Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $362,000.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.20% of the stock of Nextera Energy Partners is held by insiders.Percentage Held by Institutions78.54% of the stock of Nextera Energy Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Nextera Energy Partners are expected to grow by 4,960.00% in the coming year, from $0.05 to $2.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nextera Energy Partners is -11.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Nextera Energy Partners is -11.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioNextera Energy Partners has a PEG Ratio of 43.34. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioNextera Energy Partners has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.77 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Electric services Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:NEP Previous Symbol CUSIPN/A CIK1603145 Webwww.nexteraenergy.com Phone561-694-4000Debt Debt-to-Equity Ratio0.69 Current Ratio1.55 Quick Ratio1.55Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio1,014.80 P/E Growth43.34 Sales & Book Value Annual Sales$855 million Price / Sales3.89 Cash Flow$3.73 per share Price / Cash Flow13.61 Book Value$93.03 per share Price / Book0.55Profitability EPS (Most Recent Fiscal Year)($1.51) Net Income$-71,000,000.00 Net Margins-31.46% Return on Equity-4.53% Return on Assets-2.34%Miscellaneous EmployeesN/A Outstanding Shares65,530,000Market Cap$3.32 billion Next Earnings Date7/22/2020 (Estimated) OptionableOptionable NEP Rates by TradingView Receive NEP News and Ratings via Email Sign-up to receive the latest news and ratings for NEP and its competitors with MarketBeat's FREE daily newsletter. Nextera Energy Partners (NYSE:NEP) Frequently Asked Questions How has Nextera Energy Partners' stock been impacted by COVID-19 (Coronavirus)? Nextera Energy Partners' stock was trading at $53.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NEP shares have decreased by 5.3% and is now trading at $50.74. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Nextera Energy Partners? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nextera Energy Partners in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Nextera Energy Partners. When is Nextera Energy Partners' next earnings date? Nextera Energy Partners is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Nextera Energy Partners. How were Nextera Energy Partners' earnings last quarter? Nextera Energy Partners LP (NYSE:NEP) issued its quarterly earnings data on Wednesday, April, 22nd. The solar energy provider reported ($3.39) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $3.59. The solar energy provider earned $212 million during the quarter, compared to analyst estimates of $302.68 million. Nextera Energy Partners had a negative return on equity of 4.53% and a negative net margin of 31.46%. Nextera Energy Partners's quarterly revenue was up 19.8% on a year-over-year basis. During the same quarter last year, the business posted ($0.38) EPS. View Nextera Energy Partners' earnings history. 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 Thursday, April 23rd. Shareholders of record on Thursday, May 7th will be paid a dividend of $0.555 per share on Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a yield of 4.38%. The ex-dividend date of this dividend is Wednesday, May 6th. This is a boost from Nextera Energy Partners's previous quarterly dividend of $0.54. View Nextera Energy Partners' dividend history. What price target have analysts set for NEP? 11 brokers have issued 1 year price objectives for Nextera Energy Partners' stock. Their forecasts range from $49.00 to $65.00. On average, they expect Nextera Energy Partners' stock price to reach $58.05 in the next year. This suggests a possible upside of 14.4% from the stock's current price. View analysts' price targets for Nextera Energy Partners. Has Nextera Energy Partners been receiving favorable news coverage? Media headlines about NEP stock have trended positive this week, according to InfoTrie. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nextera Energy Partners earned a daily sentiment score of 2.7 on InfoTrie's scale. They also assigned news articles about the solar energy provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutNextera Energy Partners. Who are some of Nextera Energy Partners' key competitors? Some companies that are related to Nextera Energy Partners include Avangrid (AGR), Korea Electric Power (KEP), Vistra Energy (VST), RED ELECTRICA C/ADR (RDEIY), CenterPoint Energy (CNP), NRG Energy (NRG), Brookfield Renewable Partners (BEP), Enel Americas (ENIA), Pinnacle West Capital (PNW), CENTRAIS ELETRI/S (EBR.B), CENTRAIS ELETRI/S (EBR), Algonquin Power & Utilities (AQN), ENGIE BRASIL EN/S (EGIEY), OGE Energy (OGE) and Huaneng Power International Inc ADR Class N (HNP). View all 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 following 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 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 institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (5.78%), 1832 Asset Management L.P. (4.03%), Kayne Anderson Capital Advisors LP (2.75%), Artemis Investment Management LLP (2.40%), Artemis Investment Management LLP (2.40%) and Eventide Asset Management LLC (1.90%). Company insiders that own Nextera Energy Partners stock include Peter H Kind and Robert J Byrne. View institutional ownership trends for Nextera Energy Partners. Which major investors are selling Nextera Energy Partners stock? NEP stock was sold by a variety of institutional investors in the last quarter, including Kohlberg Kravis Roberts & Co. L.P., Morgan Stanley, Morgan Stanley, Eaton Vance Management, Tiedemann Advisors LLC, Citigroup Inc., Deutsche Bank AG, and Tortoise Advisors UK Ltd. View insider buying and selling activity for Nextera Energy Partners. Which major investors are buying Nextera Energy Partners stock? NEP stock was bought by a variety of institutional investors in the last quarter, including 1832 Asset Management L.P., Artemis Investment Management LLP, Artemis Investment Management LLP, Kayne Anderson Capital Advisors LP, Raymond James & Associates, Bank of New York Mellon Corp, Tortoise Capital Advisors L.L.C., and Legal & General Group Plc. Company insiders that have bought Nextera Energy Partners stock in the last two years include Peter H Kind, and Robert J Byrne. View insider buying and selling activity 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 $50.74. How big of a company is Nextera Energy Partners? Nextera Energy Partners has a market capitalization of $3.32 billion and generates $855 million in revenue each year. The solar energy provider earns $-71,000,000.00 in net income (profit) each year or ($1.51) on an earnings per share basis. What is Nextera Energy Partners' official website? The official website for Nextera Energy Partners is www.nexteraenergy.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] This page was last updated on 5/29/2020 by MarketBeat.com Staff
