NextEra Energy Partners Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research 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 Wednesday, October 20th 2021.
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NextEra Energy Partners, LP (NYSE:NEP) issued its quarterly earnings results on Thursday, July, 22nd. The solar energy provider reported ($0.96) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.58 by $1.54. The solar energy provider earned $253 million during the quarter, compared to the consensus estimate of $335.19 million. NextEra Energy Partners had a trailing twelve-month return on equity of 3.22% and a net margin of 26.18%. The firm's revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.69 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. Since then, NEP stock has increased by 47.6% and is now trading at $79.07.
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NextEra Energy Partners announced a quarterly dividend on Friday, July 23rd. Shareholders of record on Thursday, August 5th will be paid a dividend of $0.663 per share on Friday, August 13th. This represents a $2.65 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date is Wednesday, August 4th. This is a positive change from NextEra Energy Partners's previous quarterly dividend of $0.64.
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NextEra Energy Partners pays an annual dividend of $2.65 per share and currently has a dividend yield of 3.38%.
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13 equities research analysts have issued 12 month target prices for NextEra Energy Partners' shares. Their forecasts range from $69.00 to $100.00. On average, they expect NextEra Energy Partners' share price to reach $80.23 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price.
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Some companies that are related to NextEra Energy Partners include SSE (SSEZY), Edison International (EIX), DTE Energy (DTE), PPL (PPL), EDP - Energias de Portugal (EDPFY), Fortis (FTS), Entergy (ETR), FirstEnergy (FE), Avangrid (AGR), CenterPoint Energy (CNP), Tenaga Nasional Berhad (TNABY), Korea Electric Power (KEP), China Resources Power (CRPJY), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR) and Red Eléctrica Corporación (RDEIY).
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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 a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (8.01%), Neuberger Berman Group LLC (6.12%), First Trust Advisors LP (3.96%), Jennison Associates LLC (3.69%), Bank of New York Mellon Corp (3.17%) and 1832 Asset Management L.P. (2.72%). 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 Tortoise Capital Advisors L.L.C., Blackstone Inc, Blackstone Inc, ClearBridge Investments Ltd, Jennison Associates LLC, Renaissance Technologies LLC, Jefferies Group LLC, and Jefferies Group LLC.
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NEP stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, First Trust Advisors LP, 1832 Asset Management L.P., Goldman Sachs Group Inc., Vanguard Group Inc., Bank of New York Mellon Corp, Inherent Group LP, and Neuberger Berman Group LLC. 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 $79.07.

NextEra Energy Partners has a market capitalization of $6.06 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].