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

$40.32
-2.68 (-6.23 %)
(As of 04/2/2020 07:37 AM ET)
Today's Range
$39.76
Now: $40.32
$42.47
50-Day Range
$32.16
MA: $51.89
$61.24
52-Week Range
$29.01
Now: $40.32
$61.87
Volume645,995 shs
Average Volume1.27 million shs
Market Capitalization$2.64 billion
P/E RatioN/A
Dividend Yield4.98%
Beta1.13
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.
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Nextera Energy Partners logo

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$855 million
Cash Flow$3.48 per share
Book Value$113.16 per share

Profitability

Net Income$-71,000,000.00

Miscellaneous

EmployeesN/A
Market Cap$2.64 billion
Next Earnings Date4/28/2020 (Estimated)
OptionableOptionable

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Nextera Energy Partners (NYSE:NEP) Frequently Asked Questions

How has Nextera Energy Partners' stock been impacted by COVID-19 (Coronavirus)?

Nextera Energy Partners' stock was trading at $53.56 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NEP stock has decreased by 24.7% and is now trading at $40.32. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Nextera Energy Partners?

9 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Nextera Energy Partners.

When is Nextera Energy Partners' next earnings date?

Nextera Energy Partners is scheduled to release its next quarterly earnings announcement on Tuesday, April 28th 2020. View our earnings forecast for Nextera Energy Partners.

How were Nextera Energy Partners' earnings last quarter?

Nextera Energy Partners LP (NYSE:NEP) issued its earnings results on Friday, January, 24th. The solar energy provider reported $0.50 EPS for the quarter, topping the consensus estimate of $0.44 by $0.06. The solar energy provider had revenue of $206 million for the quarter, compared to analyst estimates of $347.20 million. Nextera Energy Partners had a negative net margin of 8.89% and a negative return on equity of 1.30%. Nextera Energy Partners's revenue was up 32.9% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.39) earnings per share. 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 Monday, January 27th. Shareholders of record on Thursday, February 6th will be paid a dividend of $0.535 per share on Friday, February 14th. This represents a $2.14 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date of this dividend is Wednesday, February 5th. This is a positive change from Nextera Energy Partners's previous quarterly dividend of $0.52. View Nextera Energy Partners' dividend history.

What price target have analysts set for NEP?

9 brokerages have issued twelve-month price targets for Nextera Energy Partners' stock. Their forecasts range from $49.00 to $65.00. On average, they expect Nextera Energy Partners' share price to reach $59.39 in the next twelve months. This suggests a possible upside of 47.3% from the stock's current price. View analysts' price targets for Nextera Energy Partners.

Has Nextera Energy Partners been receiving favorable news coverage?

News articles about NEP stock have been trending very negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nextera Energy Partners earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media stories about the solar energy provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutNextera 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 following 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

What is Nextera Energy Partners' stock symbol?

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

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 $40.32.

How big of a company is Nextera Energy Partners?

Nextera Energy Partners has a market capitalization of $2.64 billion and generates $855 million in revenue each year. The solar energy provider earns $-71,000,000.00 in net income (profit) each year or ($1.51) 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:  335 (Vote Outperform)
Underperform Votes:  360 (Vote Underperform)
Total Votes:  695
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 4/2/2020 by MarketBeat.com Staff

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