NextEra Energy Partners Stock Forecast, Price & 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 20.5% and is now trading at $64.55.
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13 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 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for NextEra Energy Partners or view MarketBeat's top 5 stock picks.

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NextEra Energy Partners is scheduled to release its next quarterly earnings announcement on Friday, January 22nd 2021.
View our earnings forecast for NextEra Energy Partners.

NextEra Energy Partners, LP (NYSE:NEP) issued its quarterly earnings results on Wednesday, October, 21st. The solar energy provider reported $0.76 EPS for the quarter, topping the consensus estimate of $0.62 by $0.14. During the same period in the prior year, the firm posted $2.39 EPS.
View NextEra Energy Partners' earnings history.

NextEra Energy Partners announced a quarterly dividend on Thursday, October 22nd. Investors of record on Thursday, November 5th will be given a dividend of $0.595 per share on Friday, November 13th. This represents a $2.38 annualized dividend and a dividend yield of 3.69%. The ex-dividend date of this dividend is Wednesday, November 4th. This is a boost from NextEra Energy Partners's previous quarterly dividend of $0.58.
View NextEra Energy Partners' dividend history.

13 analysts have issued twelve-month price targets for NextEra Energy Partners' shares. Their forecasts range from $49.00 to $74.00. On average, they expect NextEra Energy Partners' share price to reach $63.54 in the next year. This suggests that the stock has a possible downside of 1.6%.
View analysts' price targets for NextEra Energy Partners.

NextEra Energy Partners saw a drop in short interest in the month of October. As of October 30th, there was short interest totaling 302,400 shares, a drop of 48.1% from the October 15th total of 582,900 shares. Based on an average daily volume of 510,200 shares, the short-interest ratio is currently 0.6 days.
View NextEra Energy Partners' Short Interest.

Some companies that are related to NextEra Energy Partners include Tenaga Nasional Berhad (TNABY), Avangrid (AGR), FirstEnergy (FE), CenterPoint Energy (CNP), Korea Electric Power (KEP), Brookfield Renewable Partners (BEP), Red Eléctrica Corporación (RDEIY), Vistra (VST), Pinnacle West Capital (PNW), Algonquin Power & Utilities (AQN), Enel Américas (ENIA), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), NRG Energy (NRG), Engie Brasil Energia (EGIEY) and OGE Energy (OGE).
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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 Co. (ATH.TO) (ATH), Och-Ziff Capital Management Group (OZM), Precision Drilling Co. (PD.TO) (PD) and Transocean (RIG).

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

NextEra Energy Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Neuberger Berman Group LLC (7.02%), Energy Income Partners LLC (4.96%), Jennison Associates LLC (4.77%), Tortoise Capital Advisors L.L.C. (3.68%), Kayne Anderson Capital Advisors LP (2.49%) and Beach Investment Counsel Inc. PA (2.20%). 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, WINTON GROUP Ltd, Energy Income Partners LLC, Reaves W H & Co. Inc., Phoenix Holdings Ltd., Jennison Associates LLC, Duff & Phelps Investment Management Co., and Jupiter Asset Management Ltd..
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 Tortoise Capital Advisors L.L.C., CIBC Private Wealth Group LLC, Blackstone Group Inc, Cannell Peter B & Co. Inc., Beach Investment Counsel Inc. PA, Williams Jones Wealth Management LLC., Alps Advisors Inc., and First Trust Advisors LP. 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 $64.55.

NextEra Energy Partners has a market capitalization of $4.71 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]