About NextEra Energy Partners (NYSE:NEP)
NextEra Energy Partners, LP acquires, owns, and operates contracted clean energy projects in the United States and Canada. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects with approximately 3,867 megawatts of capacity, as well as seven contracted natural gas pipeline assets. The company was founded in 2014 and is based in Juno Beach, Florida.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:NEP
CUSIPN/A
Phone561-694-4000
Debt
Debt-to-Equity Ratio2.54%
Current Ratio1.44%
Quick Ratio1.44%
Price-To-Earnings
Trailing P/E Ratio60.30
Forward P/E Ratio20.31
P/E Growth1.82
Sales & Book Value
Annual Sales$807 million
Price / Sales2.68
Cash Flow$4.7952 per share
Price / Cash8.30
Book Value$30.57 per share
Price / Book1.30
Profitability
EPS (Most Recent Fiscal Year)$0.66
Net Income$-62,000,000.00
Net Margins-8.63%
Return on Equity1.80%
Return on Assets0.47%
Miscellaneous
Employees8
Outstanding Shares54,250,000
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 Friday, January 26th. Stockholders of record on Monday, February 5th will be given a dividend of $0.405 per share on Wednesday, February 14th. This represents a $1.62 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date of this dividend is Friday, February 2nd. This is an increase from NextEra Energy Partners's previous quarterly dividend of $0.39. View NextEra Energy Partners' Dividend History.
How were NextEra Energy Partners' earnings last quarter?
NextEra Energy Partners (NYSE:NEP) announced its earnings results on Friday, January, 26th. The solar energy provider reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.26 by $0.07. The solar energy provider had revenue of $197 million for the quarter, compared to analyst estimates of $251.41 million. NextEra Energy Partners had a positive return on equity of 1.80% and a negative net margin of 8.63%. During the same quarter in the prior year, the firm posted ($0.23) earnings per share. View NextEra Energy Partners' Earnings History.
When is NextEra Energy Partners' next earnings date?
What price target have analysts set for NEP?
11 equities research analysts have issued 1 year price targets for NextEra Energy Partners' stock. Their forecasts range from $32.00 to $47.00. On average, they expect NextEra Energy Partners' stock price to reach $42.1818 in the next twelve months. View Analyst Ratings for NextEra Energy Partners.
Who are some of NextEra Energy Partners' key competitors?
Some companies that are related to NextEra Energy Partners include Algonquin Power & Utilities (AQN), Pampa Energia (PAM), Hawaiian Electric Industries (HE), Portland General Electric (POR), NRG Yield (NYLD), CEMIG (CIG), PNM Resources (PNM), Ormat Technologies (ORA), Black Hills (BKH), Edenor (EDN), Copel (ELP), Atlantica Yield (AY), El Paso Electric (EE), Dynegy (DYN), Pattern Energy Group (PEGI), Otter Tail (OTTR), TerraForm Power (TERP) and TransAlta (TAC).
Who are NextEra Energy Partners' key executives?
NextEra Energy Partners' management team includes the folowing people:
- Mr. James L. Robo, Chairman & CEO (Age 55)
- Mr. Armando Pimentel Jr., Pres & Director (Age 55)
- Mr. John W. Ketchum, CFO & Director (Age 47)
- Mr. Terrell Kirk Crews II, Controller & Chief Accounting Officer (Age 40)
- Ms. Amanda Finnis, Director, Investor Relations
Has NextEra Energy Partners been receiving favorable news coverage?
News stories about NEP stock have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NextEra Energy Partners earned a daily sentiment score of 0.09 on Accern's scale. They also assigned media stories about the solar energy provider an impact score of 44.46 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
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, Scottrade, Fidelity and Charles Schwab.
What is NextEra Energy Partners' stock price today?
One share of NEP stock can currently be purchased for approximately $39.80.
How big of a company is NextEra Energy Partners?
NextEra Energy Partners has a market capitalization of $2.17 billion and generates $807 million in revenue each year. The solar energy provider earns $-62,000,000.00 in net income (profit) each year or $0.66 on an earnings per share basis. NextEra Energy Partners employs 8 workers across the globe.
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 (NEP)
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.
NextEra Energy Partners (NYSE:NEP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
11 Wall Street analysts have issued ratings and price targets for NextEra Energy Partners in the last 12 months. Their average twelve-month price target is $42.1818, suggesting that the stock has a possible upside of 5.98%. The high price target for NEP is $47.00 and the low price target for NEP is $32.00. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.73 | 2.62 | 2.50 | 2.62 |
| Ratings Breakdown: | 0 Sell Rating(s)
3 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
5 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $42.1818 | $41.50 | $40.3846 | $38.8182 |
| Price Target Upside: | 5.98% upside | 6.08% upside | 6.32% downside | 6.48% downside |
NextEra Energy Partners (NYSE:NEP) Consensus Price Target History
NextEra Energy Partners (NYSE:NEP) Analyst Ratings History
Show:
(Data available from 4/21/2016 forward)
NextEra Energy Partners (NYSE:NEP) Dividend Information
NextEra Energy Partners pays an annual dividend of $1.62 per share, with a dividend yield of 4.07%. NEP's most recent quarterly dividend payment was Wednesday, February 14. The company has grown its dividend for the last 2 consecutive years and is increasing its dividend by an average of 99.60% each year. NextEra Energy Partners pays out 245.45% of its earnings out as a dividend.
| Most Recent Dividend: | 2/14/2018 |
| Annual Dividend: | $1.62 |
| Dividend Yield: | 4.07% |
| Dividend Growth: | 99.60% (3 Year Average) |
| Payout Ratio: | 245.45% (Trailing 12 Months of Earnings)
82.65% (Based on This Year's Estimates)
69.23% (Based on Next Year's Estimates)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
NextEra Energy Partners (NYSE:NEP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/26/2018 | quarterly | $0.4050 | 4.05% | 2/2/2018 | 2/5/2018 | 2/14/2018 |
| 10/27/2017 | quarterly | $0.3925 | 4% | 11/3/2017 | 11/6/2017 | 11/14/2017 |
| 7/26/2017 | Quarterly | $0.38 | 3.87% | 8/3/2017 | 8/7/2017 | 8/14/2017 |
| 4/21/2017 | Quarterly | $0.3650 | 4.31% | 5/4/2017 | 5/8/2017 | 5/15/2017 |
| 1/27/2017 | quarterly | $0.3525 | | 2/3/2017 | 2/7/2017 | 2/14/2017 |
| 11/1/2016 | quarterly | $0.3410 | 5.16% | 11/4/2016 | 11/8/2016 | 11/14/2016 |
| 7/27/2016 | quarterly | $0.33 | 4.24% | 8/2/2016 | 8/4/2016 | 8/12/2016 |
| 4/28/2016 | quarterly | $0.3188 | 4.41% | 5/4/2016 | 5/6/2016 | 5/13/2016 |
| 1/28/2016 | quarterly | $0.3075 | 4% | 2/3/2016 | 2/5/2016 | 2/12/2016 |
| 10/28/2015 | quarterly | $0.27 | 4.2% | 11/3/2015 | 11/5/2015 | 11/13/2015 |
| 8/3/2015 | quarterly | $0.2350 | 2.88% | 8/7/2015 | 8/11/2015 | 8/14/2015 |
| 4/29/2015 | quarterly | $0.2050 | 1.94% | 5/1/2015 | 5/5/2015 | 5/15/2015 |
| 1/27/2015 | quarterly | $0.1950 | 1.95% | 2/2/2015 | 2/4/2015 | 2/13/2015 |
| 10/30/2014 | quarterly | $0.1875 | | 11/3/2014 | 11/5/2014 | 11/14/2014 |
(Data available from 1/1/2013 forward)
NextEra Energy Partners (NYSE NEP) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.46%
Institutional Ownership Percentage: 83.22%
NextEra Energy Partners (NYSE NEP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 7/14/2017 | Armando Pimentel Jr | Insider | Buy | 5,000 | $38.23 | $191,150.00 | 20,000 |  |
| 7/5/2017 | Mark E Hickson | EVP | Buy | 1,350 | $37.51 | $50,638.50 | 4,780 | |
| 9/11/2015 | Paul I Cutler | Treasurer | Buy | 12,000 | $26.00 | $312,000.00 | 36,525 | |
| 8/28/2015 | Armando Pimentel, Jr. | insider | Buy | 5,000 | $29.97 | $149,850.00 | 15,000 | |
| 7/1/2014 | Armando Pimentel Jr | Insider | Buy | 10,000 | $25.00 | $250,000.00 | | |
| 7/1/2014 | Charles E Sieving | General Counsel | Buy | 23,358 | $25.00 | $583,950.00 | | |
| 7/1/2014 | Chris N Froggatt | CAO | Buy | 5,837 | $25.00 | $145,925.00 | | |
| 7/1/2014 | James L Robo | CEO | Buy | 143,576 | $28.68 | $4,117,759.68 | | |
| 7/1/2014 | Mark E Hickson | VP | Buy | 3,430 | $25.00 | $85,750.00 | | |
| 7/1/2014 | Moray P Dewhurst | CFO | Buy | 25,000 | $25.00 | $625,000.00 | | |
| 7/1/2014 | Paul I Cutler | Treasurer | Buy | 24,525 | $25.00 | $613,125.00 | | |
(Data available from 1/1/2013 forward)
NextEra Energy Partners (NYSE NEP) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | What's in Store for NextEra Energy (NEE) in Q1 Earnings?
finance.yahoo.com - April 20 at 5:02 PM |
 | Research Report Identifies Antero Midstream Partners LP, Genesis Energy, NextEra Energy Partners, LP, Wabash ...
globenewswire.com - April 20 at 8:42 AM |
| Research Report Identifies Antero Midstream Partners LP, Genesis Energy, NextEra Energy Partners, LP, Wabash National, FuelCell Energy, and Brown-Forman with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
finance.yahoo.com - April 20 at 8:42 AM |
 | Head-To-Head Survey: Nextera Energy Partners (NEP) versus The Competition
www.americanbankingnews.com - April 17 at 7:13 PM |
| Zacks Industry Outlook Highlights: Jinko Solar, Azure Power Global, Dominion Midstream, SunPower and NextEra Energy Partners
finance.yahoo.com - April 17 at 8:48 AM |
| Zacks Industry Outlook Highlights: AES, NextEra Energy, JinkoSolar Holding and First Solar
finance.yahoo.com - April 16 at 9:20 AM |
| Nextera Energy Partners (NEP) Upgraded at BidaskClub
www.americanbankingnews.com - April 14 at 10:18 PM |
| Nextera Energy Partners (NEP) Set to Announce Earnings on Thursday
www.americanbankingnews.com - April 12 at 1:02 AM |
| NextEra Energy Partners, LP announces date for release of first-quarter 2018 financial results
finance.yahoo.com - April 11 at 9:24 AM |
| NextEra Energy announces date for release of first-quarter 2018 financial results
finance.yahoo.com - April 11 at 9:24 AM |
| Nextera Energy Partners (NEP) Downgraded by Zacks Investment Research
www.americanbankingnews.com - April 11 at 9:21 AM |
| Nextera Energy Partners LP (NEP) Expected to Post Quarterly Sales of $283.71 Million
www.americanbankingnews.com - April 11 at 4:38 AM |
| Nextera Energy Partners (NEP) Downgraded by BidaskClub to "Buy"
www.americanbankingnews.com - April 10 at 9:26 PM |
| JPMorgan Chase Cuts Nextera Energy Partners (NEP) Price Target to $38.00
www.americanbankingnews.com - April 10 at 10:57 AM |
| Why NextEra Energy Partners Sold $1.3 Billion of Canadian Assets
finance.yahoo.com - April 10 at 8:53 AM |
| Nextera Energy Partners LP (NEP) Expected to Announce Earnings of $0.41 Per Share
www.americanbankingnews.com - April 9 at 5:21 AM |
| Nextera Energy Partners (NEP) Stock Rating Reaffirmed by Royal Bank of Canada
www.americanbankingnews.com - April 7 at 8:19 PM |
| The State of Solar Today
finance.yahoo.com - April 7 at 4:55 PM |
| Reviewing Nextera Energy Partners (NEP) & Its Rivals
www.americanbankingnews.com - April 6 at 7:20 PM |
 | NextEra Energy Partners: Dividend Growth To Continue Despite Canadian Portfolio Sale
seekingalpha.com - April 6 at 8:57 AM |
| Nextera Energy Partners (NEP) Given Underperform Rating at Bank of America
www.americanbankingnews.com - April 5 at 8:34 PM |
| Nextera Energy Partners LP (NEP) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 4 at 11:36 AM |
| Canada Pension Plan Investment Board Signs Agreement to Acquire Canadian Operating Wind and Solar Power ...
www.globenewswire.com - April 4 at 8:45 AM |
| Nextera Energy Partners (NEP) Raised to Buy at ValuEngine
www.americanbankingnews.com - April 3 at 11:11 AM |
| NextEra Energy-JinkoSolar Ink Deal to Provide Solar Energy
finance.yahoo.com - April 3 at 8:34 AM |
| NextEra Energy Partners to sell Canadian renewable portfolio
seekingalpha.com - April 2 at 9:33 AM |
| NextEra to sell Canadian wind and solar assets to CPPIB
finance.yahoo.com - April 2 at 9:33 AM |
| [$$] After Tariffs, Florida Company’s Deal May Boost U.S. Solar-Panel Manufacturing
finance.yahoo.com - March 31 at 8:40 AM |
 | 8point3 Energy Partners LP (CAFD) Ex-Dividend Date Scheduled for April 02, 2018
www.nasdaq.com - March 29 at 4:59 PM |
| Nextera Energy Partners (NEP) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - March 27 at 7:26 PM |
| Nextera Energy Partners LP (NEP) Expected to Announce Quarterly Sales of $261.56 Million
www.americanbankingnews.com - March 25 at 8:03 AM |
| $0.41 Earnings Per Share Expected for Nextera Energy Partners LP (NEP) This Quarter
www.americanbankingnews.com - March 23 at 5:17 AM |
| How Does NextEra Energy, Inc. Make Money?
finance.yahoo.com - March 21 at 8:51 AM |
| Contrasting Yingli Green Energy (YGE) and Nextera Energy Partners (NEP)
www.americanbankingnews.com - March 19 at 9:19 PM |
| JA Solar (JASO) versus Nextera Energy Partners (NEP) Head-To-Head Comparison
www.americanbankingnews.com - March 19 at 5:16 PM |
 | NextEra 'The Most Credible Drop-Down Story In The Market,' BofA Says In Double Upgrade - Benzinga
www.benzinga.com - March 17 at 5:11 PM |
| NextEra 'The Most Credible Drop-Down Story In The Market,' BofA Says In Double Upgrade
finance.yahoo.com - March 17 at 9:45 AM |
| NextEra Energy Partners upped at BAML as 'most credible drop-down story'
seekingalpha.com - March 16 at 5:22 PM |
| Bank of America Upgrades Nextera Energy Partners (NEP) to Buy
www.americanbankingnews.com - March 16 at 2:02 PM |
| Why Utilities (Not Yieldcos) Are Dominating Renewable-Energy Finance
finance.yahoo.com - March 16 at 9:35 AM |
| Entergy Gets City Council's Nod to Build 128MW Power Plant
finance.yahoo.com - March 13 at 10:23 AM |
| 3 Fast-Growing Dividend Stocks You Won't Want to Miss
finance.yahoo.com - March 11 at 9:44 AM |
| Nextera Energy Partners LP (NEP) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 10 at 2:13 PM |
| Analysts Expect Nextera Energy Partners LP (NEP) to Post $0.41 Earnings Per Share
www.americanbankingnews.com - March 6 at 1:18 AM |
| Swiss National Bank Acquires 2,000 Shares of Nextera Energy Partners LP (NEP)
www.americanbankingnews.com - March 4 at 8:23 AM |
| Zacks Investment Research Upgrades Nextera Energy Partners (NEP) to Hold
www.americanbankingnews.com - March 3 at 8:12 AM |
 | 3 Top Energy Stocks to Buy Right Now - Motley Fool
www.fool.com - March 2 at 4:58 PM |
| My 3 Top Energy Dividends Today
finance.yahoo.com - March 2 at 8:59 AM |
| California Public Employees Retirement System Raises Stake in Nextera Energy Partners LP (NEP)
www.americanbankingnews.com - March 2 at 5:20 AM |
| Arrowstreet Capital Limited Partnership Increases Position in Nextera Energy Partners LP (NEP)
www.americanbankingnews.com - March 1 at 4:34 AM |
NextEra Energy Partners (NYSE:NEP) SEC Filings
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NextEra Energy Partners (NYSE:NEP) Income Statement, Balance Sheet and Cash Flow Statement
NextEra Energy Partners (NYSE NEP) Stock Chart for Saturday, April, 21, 2018
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