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
Current SymbolNYSE:NEP
Previous Symbol
CUSIPN/A
Phone561-694-4000
Debt
Debt-to-Equity Ratio1.00
Current Ratio5.54
Quick Ratio5.54
Price-To-Earnings
Trailing P/E Ratio68.55
Forward P/E Ratio13.35
P/E Growth1.48
Sales & Book Value
Annual Sales$807 million
Price / Sales3.14
Cash Flow$4.8230 per share
Price / Cash Flow9.38
Book Value$30.57 per share
Price / Book1.48
Profitability
EPS (Most Recent Fiscal Year)$0.66
Net Income$-62,000,000.00
Net Margins13.55%
Return on Equity7.34%
Return on Assets2.61%
Miscellaneous
Employees8
Outstanding Shares56,010,000
Market Cap$2.53 billion
OptionableOptionable
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 Wednesday, October 24th. Shareholders of record on Tuesday, November 6th will be given a dividend of $0.45 per share on Wednesday, November 14th. This represents a $1.80 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date is Monday, November 5th. This is a positive change from Nextera Energy Partners's previous quarterly dividend of $0.44. View Nextera Energy Partners' Dividend History.
How were Nextera Energy Partners' earnings last quarter?
Nextera Energy Partners LP (NYSE:NEP) issued its quarterly earnings data on Tuesday, October, 23rd. The solar energy provider reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.13. The solar energy provider had revenue of $178 million for the quarter, compared to the consensus estimate of $283.40 million. Nextera Energy Partners had a net margin of 13.55% and a return on equity of 7.34%. View Nextera Energy Partners' Earnings History.
When is Nextera Energy Partners' next earnings date?
What price target have analysts set for NEP?
8 brokerages have issued 12-month price targets for Nextera Energy Partners' shares. Their forecasts range from $35.00 to $55.00. On average, they expect Nextera Energy Partners' stock price to reach $46.9286 in the next twelve months. This suggests a possible upside of 3.7% from the stock's current price. View Analyst Price Targets for Nextera Energy Partners.
What is the consensus analysts' recommendation for Nextera Energy Partners?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nextera Energy Partners in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nextera Energy Partners.
Has Nextera Energy Partners been receiving favorable news coverage?
News articles about NEP stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nextera Energy Partners earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned media coverage about the solar energy provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are some of Nextera Energy Partners' key competitors?
Some companies that are related to Nextera Energy Partners include CENTRICA PLC/S (CPYYY), Huaneng Power International (HNP), CHINA RESOURES/ADR (CRPJY), CENTRAIS ELETRI/S (EBR), OGE Energy (OGE), ENGIE BRASIL EN/S (EGIEY), CPFL Energia (CPL), Enel Generacion Chile (EOCC), IDACORP (IDA), Algonquin Power & Utilities (AQN), Brookfield Renewable Partners (BEP), Enel Chile (ENIC), Portland General Electric (POR), Hawaiian Electric Industries (HE) and CEMIG (CIG).
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 many different of retail and institutional investors. Top institutional shareholders include Neuberger Berman Group LLC (14.41%), BlackRock Inc. (4.33%), Massachusetts Financial Services Co. MA (3.55%), Reaves W H & Co. Inc. (2.88%), Beach Investment Counsel Inc. PA (2.31%) and FMR LLC (2.19%). 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?
NEP stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Massachusetts Financial Services Co. MA, BlackRock Inc., FMR LLC, Bank of New York Mellon Corp, CHURCHILL MANAGEMENT Corp, Miller Howard Investments Inc. NY and GW&K Investment Management LLC. View Insider Buying and Selling for Nextera Energy Partners.
Which major investors are buying Nextera Energy Partners stock?
NEP stock was acquired by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Morgan Stanley, Marshall Wace LLP, Vanguard Group Inc, Vanguard Group Inc., Marshall Wace North America L.P., Nordea Investment Management AB and Kayne Anderson Capital Advisors LP. 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 $45.24.
How big of a company is Nextera Energy Partners?
Nextera Energy Partners has a market capitalization of $2.53 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.
