Nextera Energy Partners Stock Forecast, Price & News

Nextera Energy Partners' stock was trading at $53.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NEP stock has increased by 7.7% and is now trading at $57.66.
View which stocks have been most impacted by COVID-19.

12 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 8 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 Tuesday, October 27th 2020.
View our earnings forecast for Nextera Energy Partners.

Nextera Energy Partners LP (NYSE:NEP) announced its earnings results on Friday, July, 24th. The solar energy provider reported $0.69 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.36 by $0.33. The solar energy provider earned $253 million during the quarter, compared to analysts' expectations of $337.58 million. Nextera Energy Partners had a negative net margin of 14.18% and a negative return on equity of 2.11%. The company's revenue was up 15.5% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.49) EPS.
View Nextera Energy Partners' earnings history.

Nextera Energy Partners declared a quarterly dividend on Monday, July 27th. Stockholders of record on Thursday, August 6th will be paid a dividend of $0.5775 per share on Friday, August 14th. This represents a $2.31 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date of this dividend is Wednesday, August 5th. This is an increase from Nextera Energy Partners's previous quarterly dividend of $0.56.
View Nextera Energy Partners' dividend history.

12 Wall Street analysts have issued 12 month target prices for Nextera Energy Partners' stock. Their forecasts range from $49.00 to $73.00. On average, they expect Nextera Energy Partners' stock price to reach $59.96 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price.
View analysts' price targets for Nextera Energy Partners.

Some companies that are related to Nextera Energy Partners include Avangrid (AGR), Tenaga Nasional Bhd (TNABY), Korea Electric Power (KEP), CenterPoint Energy (CNP), RED ELECTRICA C/ADR (RDEIY), Vistra Energy (VST), Enel Americas (ENIA), Brookfield Renewable Partners (BEP), Algonquin Power & Utilities (AQN), CENTRAIS ELETRI/S (EBR), CENTRAIS ELETRI/S (EBR.B), Pinnacle West Capital (PNW), NRG Energy (NRG), ENGIE BRASIL EN/S (EGIEY) and Huaneng Power International Inc ADR Class N (HNP).
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 many different retail and institutional investors. Top institutional shareholders include Neuberger Berman Group LLC (8.42%), Jennison Associates LLC (5.48%), FMR LLC (5.14%), Bank of New York Mellon Corp (3.55%), Kayne Anderson Capital Advisors LP (2.77%) and Beach Investment Counsel Inc. PA (2.07%). 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 Neuberger Berman Group LLC, Reaves W H & Co. Inc., Jennison Associates LLC, Yaupon Capital Management LP, Marshall Wace LLP, Tiedemann Advisors LLC, Tortoise Advisors UK Ltd, and Baird Financial Group Inc..
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 Bank of New York Mellon Corp, FMR LLC, Electron Capital Partners LLC, Goldman Sachs Group Inc., Nordea Investment Management AB, Bank of Montreal Can, Ensign Peak Advisors Inc, and Candriam Luxembourg S.C.A.. 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 $57.66.

Nextera Energy Partners has a market capitalization of $3.78 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]