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The single greatest medical breakthrough of all time? (Ad)
Mark Zuckerberg Delivers Dorky Diss of Apple's Pricey New Headset
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
The single greatest medical breakthrough of all time? (Ad)
How major US stock indexes fared Friday 6/9/2023
Kevin O'Leary Slams Martha Stewart's Comments on Remote Work: 'Nobody Wants to Work in These Places'
The single greatest medical breakthrough of all time? (Ad)
MarketBeat Week in Review – 6/4 - 6/9
New Mexico reaches $500M settlement with Walgreens in opioid case
The single greatest medical breakthrough of all time? (Ad)
Mark Zuckerberg Delivers Dorky Diss of Apple's Pricey New Headset
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
The single greatest medical breakthrough of all time? (Ad)
How major US stock indexes fared Friday 6/9/2023
Kevin O'Leary Slams Martha Stewart's Comments on Remote Work: 'Nobody Wants to Work in These Places'
The single greatest medical breakthrough of all time? (Ad)
MarketBeat Week in Review – 6/4 - 6/9
New Mexico reaches $500M settlement with Walgreens in opioid case
The single greatest medical breakthrough of all time? (Ad)
Mark Zuckerberg Delivers Dorky Diss of Apple's Pricey New Headset
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
The single greatest medical breakthrough of all time? (Ad)
How major US stock indexes fared Friday 6/9/2023
Kevin O'Leary Slams Martha Stewart's Comments on Remote Work: 'Nobody Wants to Work in These Places'
The single greatest medical breakthrough of all time? (Ad)
MarketBeat Week in Review – 6/4 - 6/9
New Mexico reaches $500M settlement with Walgreens in opioid case
The single greatest medical breakthrough of all time? (Ad)
Mark Zuckerberg Delivers Dorky Diss of Apple's Pricey New Headset
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
NYSE:NEP

NextEra Energy Partners (NEP) Stock Forecast, Price & News

$63.04
-0.07 (-0.11%)
(As of 06/9/2023 ET)
Compare
Today's Range
$62.59
$63.89
50-Day Range
$51.59
$63.81
52-Week Range
$51.58
$86.06
Volume
868,295 shs
Average Volume
661,933 shs
Market Capitalization
$5.60 billion
P/E Ratio
16.72
Dividend Yield
5.35%
Price Target
$78.92

NextEra Energy Partners MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
25.2% Upside
$78.91 Price Target
Short Interest
Healthy
4.77% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.00mentions of NextEra Energy Partners in the last 14 days
Based on 11 Articles This Week
Insider Trading
Acquiring Shares
$99,558 Bought Last Quarter
Proj. Earnings Growth
23.88%
From $1.34 to $1.66 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.25 out of 5 stars

Oils/Energy Sector

6th out of 252 stocks

Electric Services Industry

1st out of 42 stocks


NEP stock logo

About NextEra Energy Partners (NYSE:NEP) Stock

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, solar, and battery storage projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.

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NEP Stock News Headlines

BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser
Small cap wins $1.65 billion contract to make them. GlobeNewswire says this is a $51.1 Billion market by 2026. See why this stock could soar 2,476% >>>
2 Great Large Cap Stocks to Buy On Sale in June
NextEra Energy Partners (NYSE:NEP) PT Lowered to $80.00
See More Headlines

NEP Price History

NEP Company Calendar

Last Earnings
4/25/2023
Ex-Dividend for 5/15 Dividend
5/04/2023
Dividend Payable
5/15/2023
Today
6/10/2023
Next Earnings (Estimated)
7/28/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$78.91
High Stock Price Forecast
$94.00
Low Stock Price Forecast
$60.00
Forecasted Upside/Downside
+25.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$477 million
Pretax Margin
58.81%

Debt

Sales & Book Value

Annual Sales
$1.21 billion
Cash Flow
$12.22 per share
Book Value
$169.54 per share

Miscellaneous

Free Float
88,813,000
Market Cap
$5.60 billion
Optionable
Optionable
Beta
0.89

Key Executives

  • Mr. John W. Ketchum (Age 52)
    Chairman & CEO
  • Ms. Rebecca J. Kujawa (Age 47)
    Pres & Director
  • Mr. Terrell Kirk Crews II (Age 45)
    CFO & Director
  • Mr. James Michael May (Age 46)
    Controller & Chief Accounting Officer
  • Mr. Charles E. Sieving (Age 50)
    Gen. Counsel
  • Mr. Mark E. Hickson (Age 55)
    Exec. VP of Strategy & Corp. Devel. and Director
  • Mr. William Scott Seeley
    Corp. Sec.
  • Mr. Michael H. Dunne (Age 47)
    Treasurer & Assistant Sec.













NEP Stock - Frequently Asked Questions

Should I buy or sell NextEra Energy Partners stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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?

12 Wall Street analysts have issued twelve-month target prices for NextEra Energy Partners' shares. Their NEP share price forecasts range from $60.00 to $94.00. On average, they predict the company's stock price to reach $78.91 in the next twelve months. This suggests a possible upside of 25.2% 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 at the beginning of the year. Since then, NEP stock has decreased by 10.1% and is now trading at $63.04.
View the best growth stocks for 2023 here
.

Are investors shorting NextEra Energy Partners?

NextEra Energy Partners saw a increase in short interest in May. As of May 15th, there was short interest totaling 4,240,000 shares, an increase of 26.6% from the April 30th total of 3,350,000 shares. Based on an average daily trading volume, of 1,150,000 shares, the days-to-cover ratio is presently 3.7 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 Friday, July 28th 2023.
View our NEP earnings forecast
.

How were NextEra Energy Partners' earnings last quarter?

NextEra Energy Partners, LP (NYSE:NEP) posted its quarterly earnings results on Tuesday, April, 25th. The solar energy provider reported ($0.17) earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by $0.48. The solar energy provider had revenue of $301 million for the quarter, compared to analyst estimates of $355.92 million. NextEra Energy Partners had a net margin of 25.91% and a trailing twelve-month return on equity of 2.38%. NextEra Energy Partners's revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.72 earnings per share.

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 Monday, April 24th. Shareholders of record on Friday, May 5th will be paid a dividend of $0.8425 per share on Monday, May 15th. This represents a $3.37 dividend on an annualized basis and a dividend yield of 5.35%. The ex-dividend date of this dividend is Thursday, May 4th. This is a positive change from the stock's previous quarterly dividend of $0.81.
Read our dividend analysis for NEP
.

Is NextEra Energy Partners a good dividend stock?

NextEra Energy Partners (NYSE:NEP) pays an annual dividend of $3.37 per share and currently has a dividend yield of 5.39%. 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 89.39%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NEP will have a dividend payout ratio of 203.01% 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 investors include BlackRock Inc. (8.02%), FMR LLC (5.58%), Jennison Associates LLC (3.19%), Pictet Asset Management SA (2.13%), M&G Investment Management Ltd. (2.10%) and Tortoise Capital Advisors L.L.C. (2.08%).
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 $63.04.

How much money does NextEra Energy Partners make?

NextEra Energy Partners (NYSE:NEP) has a market capitalization of $5.60 billion and generates $1.21 billion in revenue each year. The solar energy provider earns $477 million in net income (profit) each year or $3.77 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 6/10/2023 by MarketBeat.com Staff

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