NYSE:NEPNextera Energy Partners Stock Price, Forecast & News

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 increased by 2.6% and is now trading at $54.95. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nextera Energy Partners in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Nextera Energy Partners.

Nextera Energy Partners is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Nextera Energy Partners.

Nextera Energy Partners LP (NYSE:NEP) announced its quarterly earnings results on Wednesday, April, 22nd. The solar energy provider reported ($3.39) earnings per share for the quarter, missing the consensus estimate of $0.20 by $3.59. The solar energy provider earned $212 million during the quarter, compared to analyst estimates of $302.68 million. Nextera Energy Partners had a negative net margin of 31.46% and a negative return on equity of 4.53%. The company's revenue was up 19.8% compared to the same quarter last year. During the same period last year, the firm posted ($0.38) earnings per share. View Nextera Energy Partners' earnings history.

Nextera Energy Partners declared a quarterly dividend on Thursday, April 23rd. Shareholders of record on Thursday, May 7th will be paid a dividend of $0.555 per share on Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 4.04%. The ex-dividend date is Wednesday, May 6th. This is an increase from Nextera Energy Partners's previous quarterly dividend of $0.54. View Nextera Energy Partners' dividend history.

11 equities research analysts have issued twelve-month target prices for Nextera Energy Partners' stock. Their forecasts range from $49.00 to $65.00. On average, they anticipate Nextera Energy Partners' share price to reach $58.32 in the next year. This suggests a possible upside of 6.1% from the stock's current price. View analysts' price targets for Nextera Energy Partners.

Press coverage about NEP stock has trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group rates 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 five, with scores nearest to five being the most favorable. Nextera Energy Partners earned a news sentiment score of -1.8 on InfoTrie's scale. They also assigned news articles about the solar energy provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Nextera Energy Partners.

Some companies that are related to Nextera Energy Partners include Avangrid (AGR), CenterPoint Energy (CNP), RED ELECTRICA C/ADR (RDEIY), Korea Electric Power (KEP), Vistra Energy (VST), Enel Americas (ENIA), Brookfield Renewable Partners (BEP), CENTRAIS ELETRI/S (EBR.B), Pinnacle West Capital (PNW), CENTRAIS ELETRI/S (EBR), NRG Energy (NRG), ENGIE BRASIL EN/S (EGIEY), Algonquin Power & Utilities (AQN), Huaneng Power International Inc ADR Class N (HNP) and OGE Energy (OGE). View all competitors.

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

Nextera Energy Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include Enterprise Bank & Trust Co (0.06%), Envestnet Asset Management Inc. (0.02%), Corrado Advisors LLC (0.01%) and Spirit of America Management Corp NY (0.00%). Company insiders that own Nextera Energy Partners stock include Peter H Kind and Robert J Byrne. View institutional ownership trends for Nextera Energy Partners.

NEP stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Enterprise Bank & Trust Co. View insider buying and selling activity for Nextera Energy Partners.

NEP stock was bought by a variety of institutional investors in the last quarter, including Corrado Advisors LLC, and Spirit of America Management Corp NY. Company insiders that have bought Nextera Energy Partners stock in the last two years include Peter H Kind, and Robert J Byrne. View insider buying and selling activity 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 $54.95.

Nextera Energy Partners has a market capitalization of $3.60 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.

The official website for Nextera Energy Partners is www.nexteraenergy.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]