NextEra Energy Partners Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last year. There are currently 1 sell rating, 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NextEra Energy Partners stock.
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NextEra Energy Partners is scheduled to release its next quarterly earnings announcement on Friday, July 23rd 2021.
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NextEra Energy Partners, LP (NYSE:NEP) issued its quarterly earnings data on Tuesday, April, 20th. The solar energy provider reported $2.66 earnings per share for the quarter, beating the consensus estimate of $0.39 by $2.27. The solar energy provider earned $246 million during the quarter, compared to analysts' expectations of $298.74 million. NextEra Energy Partners had a net margin of 47.32% and a trailing twelve-month return on equity of 6.31%. The firm's quarterly revenue was up 16.0% compared to the same quarter last year. During the same period last year, the company earned ($3.39) EPS.
View NextEra Energy Partners' earnings history.

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 shares have increased by 38.5% and is now trading at $74.19.
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NextEra Energy Partners announced a quarterly dividend on Thursday, April 22nd. Shareholders of record on Thursday, May 6th will be given a dividend of $0.6375 per share on Friday, May 14th. This represents a $2.55 annualized dividend and a dividend yield of 3.44%. The ex-dividend date is Wednesday, May 5th. This is an increase from NextEra Energy Partners's previous quarterly dividend of $0.62.
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NextEra Energy Partners pays an annual dividend of $2.55 per share and currently has a dividend yield of 3.44%.
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12 equities research analysts have issued twelve-month price targets for NextEra Energy Partners' shares. Their forecasts range from $62.00 to $96.00. On average, they anticipate NextEra Energy Partners' share price to reach $76.50 in the next year. This suggests a possible upside of 3.1% from the stock's current price.
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Some companies that are related to NextEra Energy Partners include PPL (PPL), Fortis (FTS), Entergy (ETR), Edison International (EIX), EDP - Energias de Portugal (EDPFY), FirstEnergy (FE), Avangrid (AGR), CenterPoint Energy (CNP), Korea Electric Power (KEP), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Tenaga Nasional Berhad (TNABY), Red Eléctrica Corporación (RDEIY), Brookfield Renewable Partners (BEP), Enel Américas (ENIA) and Pinnacle West Capital (PNW).
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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 (ATH), Och-Ziff Capital Management Group (OZM), Precision Drilling (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 many different retail and institutional investors. Top institutional shareholders include Neuberger Berman Group LLC (6.00%), Jennison Associates LLC (4.25%), Tortoise Capital Advisors L.L.C. (3.23%), Bank of New York Mellon Corp (3.00%), Goldman Sachs Group Inc. (2.91%) and Price T Rowe Associates Inc. MD (2.59%). 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 ClearBridge Investments Ltd, Holocene Advisors LP, Blackstone Group Inc., Blackstone Group Inc., Neuberger Berman Group LLC, Kayne Anderson Capital Advisors LP, Bank of New York Mellon Corp, and Millennium Management LLC.
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NEP stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Ameriprise Financial Inc., Credit Agricole S A, Royal Bank of Canada, HighTower Advisors LLC, Brookfield Asset Management Inc., UBS Group AG, and Baird Financial Group Inc.. Company insiders that have bought NextEra Energy Partners stock in the last two years include Peter H Kind, and Robert J Byrne.
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Shares of NEP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NEP stock can currently be purchased for approximately $74.19.

NextEra Energy Partners has a market capitalization of $5.63 billion and generates $917 million in revenue each year. The solar energy provider earns $-50,000,000.00 in net income (profit) each year or ($0.81) on an earnings per share basis.

NextEra Energy Partners was founded in 2014.

The official website for NextEra Energy Partners is www.nexteraenergy.com.

NextEra Energy Partners is headquartered at 700 UNIVERSE BOULEVARD, JUNO BEACH FL, 33408.

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]