NYSE:NEP NextEra Energy Partners - NEP Stock Forecast, Price & News Adding Choose a watchlist: 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. $72.14 -1.16 (-1.58%) (As of 02/1/2023 02:00 PM ET) Add Compare Share Share Today's Range$71.98▼$73.1250-Day Range$70.09▼$80.4952-Week Range$61.31▼$86.06Volume307,148 shsAverage Volume657,898 shsMarket Capitalization$6.24 billionP/E Ratio12.75Dividend Yield4.38%Price Target$85.60 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media NextEra Energy Partners MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside18.5% Upside$85.40 Price TargetShort InterestHealthy5.92% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.96Based on 22 Articles This WeekInsider TradingN/AProj. Earnings Growth22.89%From $2.49 to $3.06 Per ShareSee Full Details Hide Full Details 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 starsOils/Energy Sector21st out of 247 stocksElectric Services Industry5th out of 40 stocks 2.3 Analyst's Opinion Consensus RatingNextEra Energy Partners has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $85.40, NextEra Energy Partners has a forecasted upside of 18.5% from its current price of $72.07.Amount of Analyst CoverageNextEra Energy Partners has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.92% of the outstanding shares of NextEra Energy Partners have been sold short.Short Interest Ratio / Days to CoverNextEra Energy Partners has a short interest ratio ("days to cover") of 9.7.Change versus previous monthShort interest in NextEra Energy Partners has recently decreased by 5.54%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipNextEra Energy Partners is a leading dividend payer. It pays a dividend yield of 4.38%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNextEra Energy Partners has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of NextEra Energy Partners is 55.65%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, NextEra Energy Partners will have a dividend payout ratio of 102.94% in the coming year. This indicates that NextEra Energy Partners may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NEP. Previous Next 3.9 News and Social Media Coverage News SentimentNextEra Energy Partners has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 22 news articles for NextEra Energy Partners this week, compared to 4 articles on an average week.Search Interest22 people have searched for NEP on MarketBeat in the last 30 days. This is an increase of 175% compared to the previous 30 days.MarketBeat Follows11 people have added NextEra Energy Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 10% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NextEra Energy Partners insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.22% of the stock of NextEra Energy Partners is held by insiders.Percentage Held by Institutions83.05% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for NextEra Energy Partners are expected to grow by 22.89% in the coming year, from $2.49 to $3.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NextEra Energy Partners is 12.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.70.Price to Earnings Ratio vs. SectorThe P/E ratio of NextEra Energy Partners is 12.73, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 46.84.Price to Earnings Growth RatioNextEra Energy Partners has a PEG Ratio of 2.89. 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 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About NextEra Energy Partners (NYSE:NEP) StockNextEra 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.Read More 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. Email Address NEP Stock News HeadlinesJanuary 31, 2023 | finance.yahoo.com3 Dividend Stocks That Generate More Passive Income Than a 10-Year Treasury NoteJanuary 31, 2023 | americanbankingnews.comAnalysts Set Expectations for NextEra Energy Partners, LP's Q1 2023 Earnings (NYSE:NEP)February 1, 2023 | PressReach (Ad)Top Innovation StockToday's stock market report features an AI Robotics tech stock with a $4 million order backlog.January 29, 2023 | americanbankingnews.comOppenheimer Raises NextEra Energy Partners (NYSE:NEP) Price Target to $94.00January 29, 2023 | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Cut to "Sell" at StockNews.comJanuary 27, 2023 | americanbankingnews.comNextEra Energy Partners, LP to Post Q2 2023 Earnings of $0.78 Per Share, Oppenheimer Forecasts (NYSE:NEP)January 27, 2023 | finance.yahoo.comNextEra Energy Full Year 2022 Earnings: Misses ExpectationsJanuary 26, 2023 | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Releases Quarterly Earnings Results, Misses Expectations By $0.12 EPSFebruary 1, 2023 | Investing Trends (Ad)Move Over Lithium – 220 Pounds of Graphite In Every EV BatteryInvestors 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.January 26, 2023 | finance.yahoo.com3 Perfect Stocks for Retirees to Buy Hand Over Fist During the Nasdaq Bear MarketJanuary 25, 2023 | finance.yahoo.comNextEra announces retirement of Florida Power & Light CEO and comments on campaign-finance allegationsJanuary 25, 2023 | msn.comNextEra Energy slips after Q4 sales miss estimates; FLP chief Silagy to retireJanuary 25, 2023 | finance.yahoo.comNextEra Energy (NEE) Tops Q4 Earnings and Revenue EstimatesJanuary 25, 2023 | finance.yahoo.comFlorida Power & Light's longtime CEO will retire. Here's who will replace him.January 25, 2023 | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Price Target Cut to $86.00January 22, 2023 | americanbankingnews.comBrokerages Set NextEra Energy Partners, LP (NYSE:NEP) Price Target at $84.89January 18, 2023 | finance.yahoo.comWant $500 in Annual Passive Income? Buy These 2 Dividend Stocks NowJanuary 8, 2023 | finance.yahoo.comNextEra Energy Partners, LP (NEP)January 5, 2023 | finance.yahoo.comNextEra (NEE) Is Considered a Good Investment by Brokers: Is That True?January 5, 2023 | finance.yahoo.comNGG or NEE: Which Is the Better Value Stock Right Now?December 25, 2022 | finance.yahoo.com16 Biggest Utility Companies in the USDecember 15, 2022 | finance.yahoo.comRead This Before Judging NextEra Energy, Inc.'s (NYSE:NEE) ROEDecember 10, 2022 | finance.yahoo.comGot $3,000? 3 Top Renewable Energy Stocks to Buy for the Long TermDecember 8, 2022 | msn.comWhy NextEra Energy Shares Are Trading LowerDecember 8, 2022 | finance.yahoo.comNextEra Energy Partners, LP announces pricing of $500 million in aggregate principal amount of 2.50% convertible senior notes due 2026December 7, 2022 | finance.yahoo.comNextEra Energy Partners, LP announces offering of $500 million in aggregate principal amount of convertible senior notes due 2026December 6, 2022 | finance.yahoo.comHere's Why NextEra Energy Partners (NEP) is a Strong Value StockSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address NEP Company Calendar Ex-Dividend for 11/14 Dividend11/03/2022Dividend Payable11/14/2022Last Earnings1/25/2023Today2/01/2023Ex-Dividend for 2/14 Dividend2/03/2023Dividend Payable2/14/2023Next Earnings (Estimated)4/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:NEP CUSIPN/A CIK1603145 Webwww.nexteraenergy.com Phone(561) 694-4000FaxN/AEmployeesN/AYear Founded2014Price 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 RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$5.66 Trailing P/E Ratio12.75 Forward P/E Ratio28.97 P/E Growth2.89Net Income$477 million Net Margins39.39% Pretax Margin105.01% Return on Equity4.00% Return on Assets2.57% Debt Debt-to-Equity Ratio0.38 Current Ratio1.91 Quick Ratio1.80 Sales & Book Value Annual Sales$1.21 billion Price / Sales5.16 Cash Flow$6.48 per share Price / Cash Flow11.13 Book Value$129.18 per share Price / Book0.56Miscellaneous Outstanding Shares86,540,000Free Float86,345,000Market Cap$6.24 billion OptionableOptionable Beta0.92 Key ExecutivesJohn W. KetchumChief Executive Officer & DirectorRebecca Jones KujawaPresident & DirectorTerrell Kirk CrewsChief Financial Officer & DirectorW. Scott SeeleySecretary, Head-Compliance & Vice PresidentMark E. HicksonDirector, EVP-Strategy & Corporate DevelopmentKey CompetitorsClearway EnergyNYSE:CWENBrookfield RenewableNYSE:BEPCOrmat TechnologiesNYSE:ORAAtlantica Sustainable InfrastructureNASDAQ:AYReNew Energy GlobalNASDAQ:RNWView All CompetitorsInsiders & InstitutionsFlputnam Investment Management Co.Bought 4,048 shares on 1/31/2023Ownership: 0.034%Atria Investments IncBought 7,593 shares on 1/31/2023Ownership: 0.027%Venturi Wealth Management LLCBought 5,710 shares on 1/31/2023Ownership: 0.007%Vaughan Nelson Investment Management L.P.Bought 1,275 shares on 1/31/2023Ownership: 0.001%Atticus Wealth Management LLCBought 400 shares on 1/31/2023Ownership: 0.000%View All Institutional Transactions 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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