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S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
NYSE:NEP

NextEra Energy Partners (NEP) Stock Forecast, Price & News

$72.22
+2.49 (+3.57%)
(As of 05/27/2022 04:00 PM ET)
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Today's Range
$69.48
$72.29
50-Day Range
$61.99
$84.15
52-Week Range
$61.31
$88.80
Volume
592,445 shs
Average Volume
509,117 shs
Market Capitalization
$6.06 billion
P/E Ratio
83.01
Dividend Yield
4.06%
Beta
0.93
30 days | 90 days | 365 days | Advanced Chart
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NextEra Energy Partners logo

About NextEra Energy Partners

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, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.

Headlines

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Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
2014

Sales & Book Value

Annual Sales
$982 million
Cash Flow
$6.46 per share
Book Value
$134.15 per share

Profitability

Net Income
$137 million
Pretax Margin
21.02%

Debt

Price-To-Earnings

Miscellaneous

Free Float
83,720,000
Market Cap
$6.06 billion
Optionable
Optionable

Company Calendar

Last Earnings
4/21/2022
Ex-Dividend for 5/12 Dividend
5/04/2022
Dividend Payable
5/12/2022
Today
5/29/2022
Next Earnings (Estimated)
7/22/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.24 out of 5 stars

Oils/Energy Sector

74th out of 387 stocks

Electric Services Industry

11th out of 58 stocks

Analyst Opinion: 2.2Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -













NextEra Energy Partners (NYSE:NEP) Frequently Asked Questions

Is NextEra Energy Partners a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NextEra Energy Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NEP, but not buy additional shares or sell existing shares.
View analyst ratings for NextEra Energy Partners
or view top-rated stocks.

Are investors shorting NextEra Energy Partners?

NextEra Energy Partners saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 3,120,000 shares, a decline of 17.9% from the April 15th total of 3,800,000 shares. Based on an average trading volume of 470,600 shares, the days-to-cover ratio is currently 6.6 days.
View NextEra Energy Partners' Short Interest
.

When is NextEra Energy Partners' next earnings date?

NextEra Energy Partners is scheduled to release its next quarterly earnings announcement on Friday, July 22nd 2022.
View our earnings forecast for NextEra Energy Partners
.

How were NextEra Energy Partners' earnings last quarter?

NextEra Energy Partners, LP (NYSE:NEP) posted its quarterly earnings results on Thursday, April, 21st. The solar energy provider reported $1.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $1.30. The solar energy provider had revenue of $281 million for the quarter, compared to analysts' expectations of $305.98 million. NextEra Energy Partners had a trailing twelve-month return on equity of 1.58% and a net margin of 15.13%. The company's revenue was up 14.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.66 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 declared a quarterly dividend on Friday, April 22nd. Stockholders of record on Thursday, May 5th will be given a dividend of $0.7325 per share on Thursday, May 12th. This represents a $2.93 annualized dividend and a yield of 4.06%. The ex-dividend date is Wednesday, May 4th. This is a positive change from NextEra Energy Partners's previous quarterly dividend of $0.71.
View NextEra Energy Partners' dividend history
.

Is NextEra Energy Partners a good dividend stock?

NextEra Energy Partners pays an annual dividend of $2.93 per share and currently has a dividend yield of 4.06%. NEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. NextEra Energy Partners has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of NextEra Energy Partners is 336.78%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NextEra Energy Partners will have a dividend payout ratio of 115.35% in the coming year. This indicates that NextEra Energy Partners may not be able to sustain their current dividend.
View NextEra Energy Partners' dividend history.

What price target have analysts set for NEP?

6 brokerages have issued 1 year price targets for NextEra Energy Partners' shares. Their forecasts range from $78.00 to $100.00. On average, they expect NextEra Energy Partners' share price to reach $88.83 in the next year. This suggests a possible upside of 23.0% from the stock's current price.
View analysts' price targets for NextEra Energy Partners
or view top-rated stocks among Wall Street analysts.

Who are NextEra Energy Partners' key executives?
NextEra Energy Partners' management team includes the following people:
  • Mr. John W. Ketchum, Chairman & CEO (Age 51)
  • Ms. Rebecca J. Kujawa, Pres & Director (Age 46)
  • Mr. Terrell Kirk Crews II, CFO & Director (Age 44)
  • Mr. James Michael May, Controller & Chief Accounting Officer (Age 45)
  • Matthew Roskot, Director of Investor Relations
  • Mr. Charles E. Sieving, Gen. Counsel (Age 49)
  • Mr. Mark E. Hickson, Exec. VP of Strategy & Corp. Devel. and Director (Age 54)
  • Mr. Paul I. Cutler, Treasurer & Assistant Sec. (Age 62)
  • Mr. William Scott Seeley, Corp. Sec.
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 Transocean (RIG).

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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.07%), Neuberger Berman Group LLC (4.91%), Jennison Associates LLC (3.19%), Bank of New York Mellon Corp (2.52%), 1832 Asset Management L.P. (1.96%) and ClearBridge Investments Ltd (1.84%).
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 Artemis Investment Management LLP, Candriam Luxembourg S.C.A., Goldman Sachs Group Inc., Ensign Peak Advisors Inc, 1832 Asset Management L.P., First Trust Advisors LP, Neuberger Berman Group LLC, and UBS Group AG.
View insider buying and selling activity for NextEra Energy Partners
or view top insider-selling stocks.

Which institutional investors are buying NextEra Energy Partners stock?

NEP stock was purchased by a variety of institutional investors in the last quarter, including Beach Investment Counsel Inc. PA, ClearBridge Investments Ltd, BlackRock Inc., Eaton Vance Management, Royal Bank of Canada, SG Americas Securities LLC, Ropes Wealth Advisors LLC, and Inherent Group LP.
View insider buying and selling activity for NextEra Energy Partners
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is NextEra Energy Partners' stock price today?

One share of NEP stock can currently be purchased for approximately $72.22.

How much money does NextEra Energy Partners make?

NextEra Energy Partners has a market capitalization of $6.06 billion and generates $982 million in revenue each year. The solar energy provider earns $137 million in net income (profit) each year or $0.87 on an earnings per share basis.

When was NextEra Energy Partners founded?

NextEra Energy Partners was founded in 2014.

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 5/29/2022 by MarketBeat.com Staff

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