NYSE:NEP - Nextera 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 decreased by 24.7% and is now trading at $40.32. View which stocks have been mosted impacted by Coronavirus.

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.

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.

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.

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.

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.

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.

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

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."

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 $40.32.

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.

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]