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 (WHO). Since then, NEP stock has decreased by 7.4% and is now trading at $49.60. 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 5 hold ratings and 6 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) issued its quarterly earnings data on Wednesday, April, 22nd. The solar energy provider reported ($3.39) earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by $3.59. The solar energy provider earned $212 million during the quarter, compared to analysts' expectations of $302.68 million. Nextera Energy Partners had a negative net margin of 31.46% and a negative return on equity of 4.53%. The business's revenue was up 19.8% on a year-over-year basis. During the same period last year, the firm earned ($0.38) earnings per share. View Nextera Energy Partners' earnings history.

Nextera Energy Partners declared a quarterly dividend on Thursday, April 23rd. Shareholders 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 dividend yield of 4.48%. The ex-dividend date 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 Wall Street analysts have issued 1 year price targets for Nextera Energy Partners' shares. Their forecasts range from $49.00 to $65.00. On average, they expect Nextera Energy Partners' share price to reach $58.05 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. View analysts' price targets for Nextera Energy Partners.

Press coverage about NEP stock has been trending extremely negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nextera Energy Partners earned a coverage optimism score of -4.5 on InfoTrie's scale. They also assigned news stories about the solar energy provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutNextera Energy Partners.

Some companies that are related to Nextera Energy Partners include Avangrid (AGR), Korea Electric Power (KEP), Vistra Energy (VST), RED ELECTRICA C/ADR (RDEIY), NRG Energy (NRG), Brookfield Renewable Partners (BEP), Enel Americas (ENIA), CenterPoint Energy (CNP), Pinnacle West Capital (PNW), Algonquin Power & Utilities (AQN), CENTRAIS ELETRI/S (EBR.B), CENTRAIS ELETRI/S (EBR), OGE Energy (OGE), Huaneng Power International Inc ADR Class N (HNP) and ENGIE BRASIL EN/S (EGIEY). 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 many different institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (5.78%), Kayne Anderson Capital Advisors LP (2.75%), Artemis Investment Management LLP (2.40%), Artemis Investment Management LLP (2.40%), Eventide Asset Management LLC (1.90%) and Beach Investment Counsel Inc. PA (1.88%). 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 Kohlberg Kravis Roberts & Co. L.P., Morgan Stanley, Eaton Vance Management, Tiedemann Advisors LLC, Citigroup Inc., Deutsche Bank AG, Tortoise Advisors UK Ltd, and Engineers Gate Manager LP. View insider buying and selling activity for Nextera Energy Partners.

NEP stock was bought by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Artemis Investment Management LLP, Kayne Anderson Capital Advisors LP, Raymond James & Associates, Bank of New York Mellon Corp, Tortoise Capital Advisors L.L.C., Legal & General Group Plc, and M&G Investment Management 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.

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 $49.60.

Nextera Energy Partners has a market capitalization of $3.25 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]