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NYSE:NEPNextera Energy Partners Stock Price, Forecast & News

$63.17
+0.62 (+0.99 %)
(As of 08/7/2020 04:00 PM ET)
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Today's Range
$62.30
Now: $63.17
$63.78
50-Day Range
$50.15
MA: $56.27
$62.82
52-Week Range
$29.01
Now: $63.17
$63.78
Volume446,026 shs
Average Volume603,289 shs
Market Capitalization$4.14 billion
P/E RatioN/A
Dividend Yield3.69%
Beta1.18
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects with approximately 4,859 megawatts of capacity, as well as seven contracted natural gas pipeline assets. The company was founded in 2014 and is headquartered in Juno Beach, Florida.
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Nextera Energy Partners logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.53 out of 5 stars


Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
CUSIPN/A
Phone561-694-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$855 million
Cash Flow$3.76 per share
Book Value$93.09 per share

Profitability

Net Income$-71,000,000.00

Miscellaneous

EmployeesN/A
Market Cap$4.14 billion
Next Earnings Date10/27/2020 (Estimated)
OptionableOptionable
$63.17
+0.62 (+0.99 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Nextera Energy Partners (NYSE:NEP) Frequently Asked Questions

How has Nextera Energy Partners' stock been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, NEP shares have increased by 17.9% and is now trading at $63.17.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Nextera Energy Partners?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nextera Energy Partners in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Nextera Energy Partners
.

When is Nextera Energy Partners' next earnings date?

Nextera Energy Partners is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
View our earnings forecast for Nextera Energy Partners
.

How were Nextera Energy Partners' earnings last quarter?

Nextera Energy Partners LP (NYSE:NEP) issued its earnings results on Friday, July, 24th. The solar energy provider reported $0.69 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.36 by $0.33. The solar energy provider earned $253 million during the quarter, compared to analyst estimates of $337.58 million. Nextera Energy Partners had a negative return on equity of 2.11% and a negative net margin of 14.18%. The business's quarterly revenue was up 15.5% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.49) EPS.
View Nextera Energy Partners' earnings history
.

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 Monday, July 27th. Shareholders of record on Thursday, August 6th will be paid a dividend of $0.5775 per share on Friday, August 14th. This represents a $2.31 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend is Wednesday, August 5th. This is a boost from Nextera Energy Partners's previous quarterly dividend of $0.56.
View Nextera Energy Partners' dividend history
.

What price target have analysts set for NEP?

11 equities research analysts have issued 1-year target prices for Nextera Energy Partners' shares. Their forecasts range from $49.00 to $65.00. On average, they expect Nextera Energy Partners' stock price to reach $58.32 in the next year. This suggests that the stock has a possible downside of 7.7%.
View analysts' price targets for Nextera Energy Partners
.

Has Nextera Energy Partners been receiving favorable news coverage?

News headlines about NEP stock have been trending very positive recently, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nextera Energy Partners earned a coverage optimism score of 4.0 on InfoTrie's scale. They also assigned news stories about the solar energy provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future.
View the latest news about Nextera Energy Partners
.

Who are some of Nextera Energy Partners' key competitors?

What other stocks do shareholders of Nextera Energy Partners own?

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).

Who are Nextera Energy Partners' key executives?

Nextera Energy Partners' management team includes the following people:
  • Mr. James L. Robo, Chairman & CEO (Age 56)
  • Mr. John W. Ketchum, Pres & Director (Age 48)
  • Ms. Rebecca J. Kujawa, CFO & Director (Age 43)
  • Mr. James Michael May, Controller & Chief Accounting Officer (Age 42)
  • Matthew Roskot, Director of Investor Relations

What is Nextera Energy Partners' stock symbol?

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

Who are Nextera Energy Partners' major shareholders?

Nextera Energy Partners' stock is owned by many different institutional and retail investors. Top institutional investors include Jennison Associates LLC (5.48%), Kayne Anderson Capital Advisors LP (2.77%), Beach Investment Counsel Inc. PA (2.07%), Duff & Phelps Investment Management Co. (1.55%), GW&K Investment Management LLC (1.04%) and Raymond James & Associates (0.82%). Company insiders that own Nextera Energy Partners stock include Peter H Kind and Robert J Byrne.
View institutional ownership trends for Nextera Energy Partners
.

Which institutional investors are selling Nextera Energy Partners stock?

NEP stock was sold by a variety of institutional investors in the last quarter, including Reaves W H & Co. Inc., Jennison Associates LLC, Tiedemann Advisors LLC, Tealwood Asset Management Inc., Lehman & Derafelo Financial Resources LLC, Envestnet Asset Management Inc., Brasada Capital Management LP, and Jacobi Capital Management LLC.
View insider buying and selling activity for Nextera Energy Partners
.

Which institutional investors are buying Nextera Energy Partners stock?

NEP stock was bought by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Raymond James & Associates, Executive Wealth Management LLC, M&G Investment Management Ltd., Alps Advisors Inc., First Trust Advisors LP, Swiss National Bank, and WINTON GROUP Ltd. 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
.

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, Robinhood, Fidelity, and Charles Schwab.

What is Nextera Energy Partners' stock price today?

One share of NEP stock can currently be purchased for approximately $63.17.

How big of a company is Nextera Energy Partners?

Nextera Energy Partners has a market capitalization of $4.14 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.

What is Nextera Energy Partners' official website?

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

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]

This page was last updated on 8/8/2020 by MarketBeat.com Staff

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