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NYSE:NEP

Nextera Energy Partners Stock Forecast, Price & News

$59.96
+0.93 (+1.58 %)
(As of 09/30/2020 12:00 AM ET)
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Today's Range
$58.37
Now: $59.96
$60.68
50-Day Range
$55.26
MA: $59.32
$62.76
52-Week Range
$29.01
Now: $59.96
$64.41
Volume563,287 shs
Average Volume593,644 shs
Market Capitalization$3.93 billion
P/E RatioN/A
Dividend Yield3.91%
Beta1.07
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$3.83 per share
Book Value$113.16 per share

Profitability

Net Income$-71,000,000.00

Miscellaneous

EmployeesN/A
Market Cap$3.93 billion
Next Earnings Date10/27/2020 (Estimated)
OptionableOptionable
$59.96
+0.93 (+1.58 %)
(As of 09/30/2020 12:00 AM 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NEP stock has increased by 11.9% and is now trading at $59.96.
View which stocks have been most impacted by COVID-19
.

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

12 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 8 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 quarterly earnings results on Friday, July, 24th. The solar energy provider reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.33. The solar energy provider had revenue of $253 million for the quarter, compared to the consensus estimate of $337.58 million. Nextera Energy Partners had a negative net margin of 14.18% and a negative return on equity of 2.11%. Nextera Energy Partners's revenue for the quarter was up 15.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($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 annualized dividend and a yield of 3.85%. 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?

12 brokerages have issued 12-month target prices for Nextera Energy Partners' shares. Their forecasts range from $49.00 to $73.00. On average, they anticipate Nextera Energy Partners' share price to reach $59.96 in the next twelve months. This suggests that the stock has a possible downside of 0.0%.
View analysts' price targets for 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."

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 $59.96.

How big of a company is Nextera Energy Partners?

Nextera Energy Partners has a market capitalization of $3.93 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 10/1/2020 by MarketBeat.com Staff

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