NYSE:NEP - Nextera Energy Partners Stock Price, News & Analysis

$53.61
+0.10 (+0.19 %)
(As of 09/20/2019 05:47 AM ET)
Today's Range
$53.14
Now: $53.61
$53.90
50-Day Range
$47.83
MA: $50.16
$53.67
52-Week Range
$39.35
Now: $53.61
$53.90
Volume189,200 shs
Average Volume272,187 shs
Market Capitalization$3.01 billion
P/E Ratio18.42
Dividend Yield3.76%
Beta0.91
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.

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone561-694-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$771 million
Cash Flow$7.0170 per share
Book Value$89.09 per share

Profitability

Net Income$192 million

Miscellaneous

EmployeesN/A
Market Cap$3.01 billion
Next Earnings Date10/22/2019 (Estimated)
OptionableOptionable

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Nextera Energy Partners (NYSE:NEP) Frequently Asked Questions

What is Nextera Energy Partners' stock symbol?

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

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 Tuesday, July 23rd. Shareholders of record on Tuesday, August 6th will be paid a dividend of $0.502 per share on Wednesday, August 14th. This represents a $2.01 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date of this dividend is Monday, August 5th. View Nextera Energy Partners' Dividend History.

How were Nextera Energy Partners' earnings last quarter?

Nextera Energy Partners LP (NYSE:NEP) posted its earnings results on Wednesday, July, 24th. The solar energy provider reported ($0.49) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by $0.97. The solar energy provider had revenue of $219 million for the quarter, compared to analyst estimates of $292.21 million. Nextera Energy Partners had a negative net margin of 2.88% and a negative return on equity of 0.44%. View Nextera Energy Partners' Earnings History.

When is Nextera Energy Partners' next earnings date?

Nextera Energy Partners is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Nextera Energy Partners.

What price target have analysts set for NEP?

4 equities research analysts have issued 12 month price targets for Nextera Energy Partners' stock. Their predictions range from $44.00 to $52.00. On average, they expect Nextera Energy Partners' stock price to reach $48.3333 in the next twelve months. This suggests that the stock has a possible downside of 9.8%. View Analyst Price Targets for Nextera Energy Partners.

What is the consensus analysts' recommendation for Nextera Energy Partners?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nextera Energy Partners in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nextera Energy Partners.

Has Nextera Energy Partners been receiving favorable news coverage?

News articles about NEP stock have trended negative this week, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 -2.9 on InfoTrie's scale. They also assigned media coverage about the solar energy provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Nextera Energy Partners.

Who are some of Nextera Energy Partners' key 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 folowing 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

Who are Nextera Energy Partners' major shareholders?

Nextera Energy Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Energy Income Partners LLC (9.36%), Jennison Associates LLC (5.91%), Jennison Associates LLC (5.91%), Reaves W H & Co. Inc. (3.76%), Price T Rowe Associates Inc. MD (3.46%) and Beach Investment Counsel Inc. PA (2.26%). 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 BlackRock Inc., Vanguard Group Inc., Energy Income Partners LLC, Texas Yale Capital Corp., Beach Investment Counsel Inc. PA, Eaton Vance Management, Asset Management One Co. Ltd. and California Public Employees Retirement System. View Insider Buying and Selling for Nextera Energy Partners.

Which major investors are buying Nextera Energy Partners stock?

NEP stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Morgan Stanley, Marshall Wace North America L.P., Jennison Associates LLC, Jennison Associates LLC, Verition Fund Management LLC, Dividend Assets Capital LLC and Alps Advisors Inc.. View Insider Buying and Selling 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 $53.61.

How big of a company is Nextera Energy Partners?

Nextera Energy Partners has a market capitalization of $3.01 billion and generates $771 million in revenue each year. The solar energy provider earns $192 million in net income (profit) each year or $2.91 on an earnings per share basis. View Additional Information About Nextera Energy Partners.

What is Nextera Energy Partners' official website?

The official website for Nextera Energy Partners is http://www.investor.nexteraenergypartners.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]


MarketBeat Community Rating for Nextera Energy Partners (NYSE NEP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  301 (Vote Outperform)
Underperform Votes:  326 (Vote Underperform)
Total Votes:  627
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.
This page was last updated on 9/20/2019 by MarketBeat.com Staff

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