NYSE:NEPNextera Energy Partners Stock Price, Forecast & News

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 shares have increased by 2.6% and is now trading at $54.94. View which stocks have been most impacted by Coronavirus.

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.

Nextera Energy Partners is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Nextera Energy Partners.

Nextera Energy Partners LP (NYSE:NEP) posted its quarterly earnings results on Wednesday, April, 22nd. The solar energy provider reported ($3.39) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.20 by $3.59. The solar energy provider earned $212 million during the quarter, compared to analyst estimates of $302.68 million. Nextera Energy Partners had a negative return on equity of 4.53% and a negative net margin of 31.46%. The firm's revenue was up 19.8% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.38) EPS. View Nextera Energy Partners' earnings history.

Nextera Energy Partners declared a quarterly dividend on Thursday, April 23rd. Stockholders of record on Thursday, May 7th will be given a dividend of $0.555 per share on Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date of this dividend is Wednesday, May 6th. This is a boost from Nextera Energy Partners's previous quarterly dividend of $0.54. View Nextera Energy Partners' dividend history.

11 analysts have issued 12 month target prices for Nextera Energy Partners' stock. Their forecasts range from $49.00 to $65.00. On average, they expect Nextera Energy Partners' share price to reach $58.32 in the next year. This suggests a possible upside of 6.1% from the stock's current price. View analysts' price targets for Nextera Energy Partners.

News coverage about NEP stock has trended negative on Wednesday, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. 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 news impact score of -2.1 on InfoTrie's scale. They also gave headlines 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 company's share price in the next several days. View the latest news about Nextera Energy Partners.

Some companies that are related to Nextera Energy Partners include Avangrid (AGR), CenterPoint Energy (CNP), RED ELECTRICA C/ADR (RDEIY), Korea Electric Power (KEP), Enel Americas (ENIA), Vistra Energy (VST), Brookfield Renewable Partners (BEP), Pinnacle West Capital (PNW), CENTRAIS ELETRI/S (EBR.B), CENTRAIS ELETRI/S (EBR), NRG Energy (NRG), Algonquin Power & Utilities (AQN), Huaneng Power International Inc ADR Class N (HNP), ENGIE BRASIL EN/S (EGIEY) and OGE Energy (OGE). View all competitors.

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).

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 Envestnet Asset Management Inc. (0.02%) and Corrado Advisors LLC (0.01%). 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 Envestnet Asset Management Inc.. View insider buying and selling activity for Nextera Energy Partners.

NEP stock was acquired by a variety of institutional investors in the last quarter, including Corrado Advisors LLC. 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.

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.

One share of NEP stock can currently be purchased for approximately $54.94.

Nextera Energy Partners has a market capitalization of $3.60 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.

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

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]