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
Stock Exchange NYSE
Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:NEP
CUSIPN/A
Phone561-694-4000
Debt
Debt-to-Equity Ratio1.05
Current Ratio4.59
Quick Ratio4.59
Price-To-Earnings
Trailing P/E Ratio71.56
Forward P/E Ratio14.62
P/E Growth1.62
Sales & Book Value
Annual Sales$807 million
Price / Sales3.18
Cash Flow$4.8391 per share
Price / Cash9.76
Book Value$30.57 per share
Price / Book1.54
Profitability
EPS (Most Recent Fiscal Year)$0.66
Net Income$-62,000,000.00
Net Margins8.88%
Return on Equity6.86%
Return on Assets2.15%
Miscellaneous
Employees8
Outstanding Shares54,310,000
Market Cap$2.56 billion
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 Thursday, July 26th. Shareholders of record on Monday, August 6th will be given a dividend of $0.4375 per share on Tuesday, August 14th. This represents a $1.75 annualized dividend and a yield of 3.70%. The ex-dividend date is Friday, August 3rd. This is a boost from Nextera Energy Partners's previous quarterly dividend of $0.42. View Nextera Energy Partners' Dividend History.
How were Nextera Energy Partners' earnings last quarter?
Nextera Energy Partners LP (NYSE:NEP) posted its earnings results on Wednesday, July, 25th. The solar energy provider reported $1.43 EPS for the quarter, beating the Zacks' consensus estimate of $0.48 by $0.95. The solar energy provider had revenue of $225 million for the quarter, compared to analysts' expectations of $278.31 million. Nextera Energy Partners had a net margin of 8.88% and a return on equity of 6.86%. View Nextera Energy Partners' Earnings History.
When is Nextera Energy Partners' next earnings date?
What price target have analysts set for NEP?
9 Wall Street analysts have issued 12 month price objectives for Nextera Energy Partners' shares. Their predictions range from $35.00 to $55.00. On average, they expect Nextera Energy Partners' share price to reach $46.5625 in the next year. This suggests that the stock has a possible downside of 1.6%. View Analyst Price Targets for Nextera Energy Partners.
What is the consensus analysts' recommendation for 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 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 Pinnacle West Capital (PNW), Enel Americas (ENIA), Huaneng Power International (HNP), CENTRAIS ELETRI/S (EBR), CHINA RESOURES/ADR (CRPJY), OGE Energy (OGE), CPFL Energia (CPL), Great Plains Energy (GXP), ENGIE BRASIL EN/S (EGIEY), Enel Generacion Chile (EOCC), Brookfield Renewable Partners (BEP), IDACORP (IDA), Algonquin Power & Utilities (AQN), Enel Chile (ENIC) and Portland General Electric (POR).
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)
- Matthew Roskot, Director of Investor Relations
Who are Nextera Energy Partners' major shareholders?
Nextera Energy Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include CHURCHILL MANAGEMENT Corp (0.69%), Bank of Montreal Can (0.35%), Tealwood Asset Management Inc. (0.11%) and MAI Capital Management (0.10%). Company insiders that own Nextera Energy Partners stock include Armando Pimentel Jr and Mark E Hickson. View Institutional Ownership Trends for Nextera Energy Partners.
Which major investors are selling Nextera Energy Partners stock?
Which major investors are buying Nextera Energy Partners stock?
NEP stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can. Company insiders that have bought Nextera Energy Partners stock in the last two years include Armando Pimentel Jr and Mark E Hickson. View Insider Buying and Selling for Nextera Energy Partners.
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 $47.33.
How big of a company is Nextera Energy Partners?
Nextera Energy Partners has a market capitalization of $2.56 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.
What is Nextera Energy Partners' official website?
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)
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.
