NextEra Energy Partners Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NextEra Energy Partners stock.
View analyst ratings for NextEra Energy Partners or view top-rated stocks.

Wall Street analysts have given NextEra Energy Partners a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but NextEra Energy Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

NextEra Energy Partners saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,490,000 shares, an increase of 29.0% from the June 15th total of 1,930,000 shares. Based on an average daily volume of 549,600 shares, the short-interest ratio is currently 4.5 days. Approximately 3.5% of the shares of the company are short sold.
View NextEra Energy Partners' Short Interest.

NextEra Energy Partners is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for NextEra Energy Partners.

NextEra Energy Partners, LP (NYSE:NEP) issued its earnings results on Thursday, July, 22nd. The solar energy provider reported ($0.96) earnings per share for the quarter, missing the consensus estimate of $0.58 by $1.54. The solar energy provider earned $253 million during the quarter, compared to analyst estimates of $335.19 million. NextEra Energy Partners had a trailing twelve-month return on equity of 3.22% and a net margin of 26.18%. The business's revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.69 earnings per share.
View NextEra Energy Partners' earnings history.

NextEra Energy Partners' stock was trading at $53.56 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NEP shares have increased by 44.8% and is now trading at $77.53.
View which stocks have been most impacted by COVID-19.

NextEra Energy Partners declared a quarterly dividend on Friday, July 23rd. Investors of record on Thursday, August 5th will be given a dividend of $0.663 per share on Friday, August 13th. This represents a $2.65 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend is Wednesday, August 4th. This is a positive change from NextEra Energy Partners's previous quarterly dividend of $0.64.
View NextEra Energy Partners' dividend history.

NextEra Energy Partners pays an annual dividend of $2.55 per share and currently has a dividend yield of 3.30%.
View NextEra Energy Partners' dividend history.

11 brokerages have issued 1 year price targets for NextEra Energy Partners' stock. Their forecasts range from $62.00 to $87.00. On average, they anticipate NextEra Energy Partners' stock price to reach $76.00 in the next year. This suggests that the stock has a possible downside of 2.0%.
View analysts' price targets for NextEra Energy Partners or view top-rated stocks among Wall Street analysts.

Some companies that are related to NextEra Energy Partners include DTE Energy (DTE), PPL (PPL), Fortis (FTS), SSE (SSEZY), FirstEnergy (FE), Entergy (ETR), Edison International (EIX), EDP - Energias de Portugal (EDPFY), Avangrid (AGR), CenterPoint Energy (CNP), Korea Electric Power (KEP), Tenaga Nasional Berhad (TNABY), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Brookfield Renewable Partners (BEP) and Red Eléctrica Corporación (RDEIY).
View all of NEP's competitors.

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).

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

NextEra Energy Partners' stock is owned by many different institutional and retail investors. Top institutional investors include Beach Investment Counsel Inc. PA (1.89%), Lehman & Derafelo Financial Resources LLC (0.56%), Avalon Investment & Advisory (0.28%), Eagle Global Advisors LLC (0.06%), MAI Capital Management (0.05%) and Aptus Capital Advisors LLC (0.03%). Company insiders that own NextEra Energy Partners stock include Peter H Kind and Robert J Byrne.
View institutional ownership trends for NextEra Energy Partners.

NEP stock was sold by a variety of institutional investors in the last quarter, including Beach Investment Counsel Inc. PA, Avalon Investment & Advisory, Eagle Global Advisors LLC, Cutler Group LP, MAI Capital Management, and Arkadios Wealth Advisors.
View insider buying and selling activity for NextEra Energy Partners or view top insider-selling stocks.

NEP stock was purchased by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank , Advisors Asset Management Inc., Raymond James Trust N.A., Aptus Capital Advisors LLC, Alliancebernstein L.P., Spirit of America Management Corp NY, GPS Wealth Strategies Group LLC, and Brown Miller Wealth Management LLC. 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 or or view top insider-buying stocks.

Shares of NEP 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.

One share of NEP stock can currently be purchased for approximately $77.53.

NextEra Energy Partners has a market capitalization of $5.94 billion and generates $917 million in revenue each year. The solar energy provider earns $-50,000,000.00 in net income (profit) each year or ($0.81) on an earnings per share basis.

NextEra Energy Partners was founded in 2014.

The official website for NextEra Energy Partners is www.nexteraenergy.com.

NextEra Energy Partners is headquartered at 700 UNIVERSE BOULEVARD, JUNO BEACH FL, 33408.

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]