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

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

Nextera Energy Partners declared a quarterly dividend on Monday, October 21st. Stockholders of record on Wednesday, November 6th will be given a dividend of $0.517 per share on Thursday, November 14th. This represents a $2.07 annualized dividend and a dividend yield of 3.70%. The ex-dividend date of this dividend is Tuesday, November 5th. This is a boost from Nextera Energy Partners's previous quarterly dividend of $0.50. View Nextera Energy Partners' Dividend History.

Nextera Energy Partners LP (NYSE:NEP) announced its quarterly earnings results on Friday, January, 24th. The solar energy provider reported $0.50 EPS for the quarter, beating the Zacks' consensus estimate of $0.44 by $0.06. The solar energy provider had revenue of $206 million for the quarter, compared to the consensus estimate of $347.20 million. Nextera Energy Partners had a negative net margin of 16.67% and a negative return on equity of 2.49%. The firm's revenue for the quarter was up 32.9% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.39) earnings per share. View Nextera Energy Partners' Earnings History.

Nextera Energy Partners is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Nextera Energy Partners.

7 brokers have issued 1-year target prices for Nextera Energy Partners' shares. Their forecasts range from $44.00 to $63.00. On average, they expect Nextera Energy Partners' stock price to reach $55.21 in the next twelve months. This suggests that the stock has a possible downside of 1.3%. View Analyst Price Targets for Nextera Energy Partners.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nextera Energy Partners in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nextera Energy Partners.

News coverage about NEP stock has trended very negative on Saturday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nextera Energy Partners earned a news impact score of -3.7 on InfoTrie's scale. They also gave news coverage about the solar energy provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the near future. View News Stories for Nextera Energy Partners.

Some companies that are related to Nextera Energy Partners include CENTRAIS ELETRI/S (EBR.B), CenterPoint Energy (CNP), CENTRAIS ELETRI/S (EBR), Enel Americas (ENIA), Vistra Energy (VST), Pinnacle West Capital (PNW), CPFL Energia (CPL), ENGIE BRASIL EN/S (EGIEY), NRG Energy (NRG), OGE Energy (OGE), Brookfield Renewable Partners (BEP), Huaneng Power International Inc ADR Class N (HNP), Algonquin Power & Utilities (AQN), CHINA RESOURES/ADR (CRPJY) and CENTRICA PLC/S (CPYYY).

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).

Nextera Energy Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Duff & Phelps Investment Management Co. (1.67%), Artemis Investment Management LLP (1.26%), Brasada Capital Management LP (0.19%), Coastline Trust Co (0.09%), Tealwood Asset Management Inc. (0.08%) and Enterprise Bank & Trust Co (0.07%). View Institutional Ownership Trends for Nextera Energy Partners.

NEP stock was sold by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Duff & Phelps Investment Management Co., Telemus Capital LLC, Tealwood Asset Management Inc. and Brasada Capital Management LP. View Insider Buying and Selling for Nextera Energy Partners.

NEP stock was bought by a variety of institutional investors in the last quarter, including B & T Capital Management DBA Alpha Capital Management, Coastline Trust Co, Moseley Investment Management Inc., Allen Capital Group LLC, Janney Montgomery Scott LLC, Enterprise Bank & Trust Co, First Command Bank and IFP Advisors Inc. View Insider Buying and Selling for 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.

One share of NEP stock can currently be purchased for approximately $55.92.

Nextera Energy Partners has a market capitalization of $3.40 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.

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

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]