S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:NEP

NextEra Energy Partners Stock Forecast, Price & News

$85.73
-1.96 (-2.24%)
(As of 11/26/2021 12:00 AM ET)
Add
Compare
Today's Range
$85.34
$87.25
50-Day Range
$75.30
$87.69
52-Week Range
$60.80
$88.80
Volume
164,939 shs
Average Volume
550,039 shs
Market Capitalization
$6.57 billion
P/E Ratio
30.84
Dividend Yield
3.12%
Beta
0.78
30 days | 90 days | 365 days | Advanced Chart
Receive NEP 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.


NextEra Energy Partners logo

About NextEra Energy Partners

NextEra 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.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
2014

Sales & Book Value

Annual Sales
$917 million
Cash Flow
$4.48 per share
Book Value
$109.70 per share

Profitability

Net Income
$-50 million
Pretax Margin
72.17%

Debt

Price-To-Earnings

Miscellaneous

Free Float
76,458,000
Market Cap
$6.57 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/19/2021
Ex-Dividend
11/03/2021
Dividend Payable
11/12/2021
Today
11/27/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/25/2022

MarketRank

Overall MarketRank

2.17 out of 5 stars

Oils/Energy Sector

118th out of 354 stocks

Electric Services Industry

26th out of 56 stocks

Analyst Opinion: 1.3Community Rank: 4.4Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -












NextEra Energy Partners (NYSE:NEP) Frequently Asked Questions

Is NextEra Energy Partners a buy right now?

10 Wall Street 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 analysts is that investors should "buy" NextEra Energy Partners stock.
View analyst ratings for NextEra Energy Partners
or view top-rated stocks.

How has NextEra Energy Partners' stock price been impacted by COVID-19?

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. Since then, NEP stock has increased by 60.1% and is now trading at $85.73.
View which stocks have been most impacted by COVID-19
.

When is NextEra Energy Partners' next earnings date?

NextEra Energy Partners is scheduled to release its next quarterly earnings announcement on Tuesday, January 25th 2022.
View our earnings forecast for NextEra Energy Partners
.

How were NextEra Energy Partners' earnings last quarter?

NextEra Energy Partners, LP (NYSE:NEP) released its quarterly earnings data on Tuesday, October, 19th. The solar energy provider reported $0.24 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.60 by $0.36. The solar energy provider earned $252 million during the quarter, compared to the consensus estimate of $335.56 million. NextEra Energy Partners had a net margin of 29.70% and a trailing twelve-month return on equity of 3.50%. NextEra Energy Partners's revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.76 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 declared a quarterly dividend on Thursday, October 21st. Shareholders of record on Thursday, November 4th will be given a dividend of $0.685 per share on Friday, November 12th. This represents a $2.74 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date of this dividend is Wednesday, November 3rd. This is a positive change from NextEra Energy Partners's previous quarterly dividend of $0.66.
View NextEra Energy Partners' dividend history
.

Is NextEra Energy Partners a good dividend stock?

NextEra Energy Partners pays an annual dividend of $2.74 per share and currently has a dividend yield of 3.12%. NextEra Energy Partners has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of NextEra Energy Partners is 98.56%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NextEra Energy Partners will have a dividend payout ratio of 97.16% in the coming year. This indicates that NextEra Energy Partners may not be able to sustain their current dividend.
View NextEra Energy Partners' dividend history.

What price target have analysts set for NEP?

10 Wall Street analysts have issued 12 month price objectives for NextEra Energy Partners' stock. Their forecasts range from $74.03 to $100.00. On average, they expect NextEra Energy Partners' share price to reach $86.00 in the next twelve months. This suggests a possible upside of 0.3% from the stock's current price.
View analysts' price targets for NextEra Energy Partners
or view top-rated stocks among Wall Street analysts.

Who are NextEra Energy Partners' key executives?

NextEra Energy Partners' management team includes the following people:
  • James L. Robo, Chairman & Chief Executive Officer
  • John W. Ketchum, President & Director
  • Rebecca Jones Kujawa, Chief Financial Officer & Director
  • W. Scott Seeley, Secretary, Head-Compliance & Vice President
  • Mark E. Hickson, Director, EVP-Strategy & Corporate Development

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 number of institutional and retail investors. Top institutional shareholders include Neuberger Berman Group LLC (5.62%), Jennison Associates LLC (3.61%), Bank of New York Mellon Corp (3.15%), Kayne Anderson Capital Advisors LP (1.89%), Beach Investment Counsel Inc. PA (1.88%) and Tortoise Capital Advisors L.L.C. (1.86%).
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 Abundance Wealth Counselors, Neuberger Berman Group LLC, Eaton Vance Management, Brookfield Asset Management Inc., Cushing Asset Management LP, Massachusetts Financial Services Co. MA, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, and Lehman & Derafelo Financial Resources LLC.
View insider buying and selling activity for NextEra Energy Partners
or view top insider-selling stocks.

Which institutional investors are buying NextEra Energy Partners stock?

NEP stock was bought by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Credit Suisse AG, DekaBank Deutsche Girozentrale, Nordea Investment Management AB, Raymond James & Associates, Hall Private Wealth Advisors, California State Teachers Retirement System, and M&G Investment Management Ltd..
View insider buying and selling activity for NextEra Energy Partners
or or view top insider-buying stocks.

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 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 $85.73.

How much money does NextEra Energy Partners make?

NextEra Energy Partners has a market capitalization of $6.57 billion and generates $917 million in revenue each year. The solar energy provider earns $-50 million in net income (profit) each year or $2.78 on an earnings per share basis.

When was NextEra Energy Partners founded?

NextEra Energy Partners was founded in 2014.

What is NextEra Energy Partners' official website?

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

Where are NextEra Energy Partners' headquarters?

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

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 11/27/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.