NYSE:NEP - Nextera Energy Partners Stock Price, News, & Analysis

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$48.43 +0.81 (+1.70 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$48.43
Today's Range$47.27 - $48.52
52-Week Range$36.42 - $48.75
Volume151,123 shs
Average Volume234,371 shs
Market Capitalization$2.56 billion
P/E Ratio73.38
Dividend Yield3.67%
Beta1.2
Nextera Energy Partners logoNextEra Energy Partners, LP acquires, owns, and operates contracted clean energy projects in the United States and Canada. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects with approximately 3,867 megawatts of capacity, as well as seven contracted natural gas pipeline assets. The company was founded in 2014 and is based in Juno Beach, Florida.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:NEP
CUSIPN/A
Phone561-694-4000

Debt

Debt-to-Equity Ratio1.05
Current Ratio4.59
Quick Ratio4.59

Price-To-Earnings

Trailing P/E Ratio73.38
Forward P/E Ratio17.48
P/E Growth1.89

Sales & Book Value

Annual Sales$807 million
Price / Sales3.26
Cash Flow$4.9519 per share
Price / Cash9.78
Book Value$30.57 per share
Price / Book1.58

Profitability

EPS (Most Recent Fiscal Year)$0.66
Net Income$-62,000,000.00
Net Margins8.88%
Return on Equity6.86%
Return on Assets2.15%

Miscellaneous

Employees8
Outstanding Shares54,310,000
Market Cap$2.56 billion

Nextera Energy Partners (NYSE:NEP) Frequently Asked Questions

What is Nextera Energy Partners' stock symbol?

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

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 Thursday, July 26th. Stockholders of record on Monday, August 6th will be paid a dividend of $0.4375 per share on Tuesday, August 14th. This represents a $1.75 annualized dividend and a dividend yield of 3.61%. The ex-dividend date of this dividend is Friday, August 3rd. This is a boost from Nextera Energy Partners's previous quarterly dividend of $0.42. View Nextera Energy Partners' Dividend History.

How were Nextera Energy Partners' earnings last quarter?

Nextera Energy Partners LP (NYSE:NEP) released its earnings results on Wednesday, July, 25th. The solar energy provider reported $1.43 EPS for the quarter, topping the consensus estimate of $0.48 by $0.95. The solar energy provider had revenue of $225 million for the quarter, compared to analysts' expectations of $278.31 million. Nextera Energy Partners had a net margin of 8.88% and a return on equity of 6.86%. View Nextera Energy Partners' Earnings History.

When is Nextera Energy Partners' next earnings date?

Nextera Energy Partners is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Nextera Energy Partners.

What price target have analysts set for NEP?

10 analysts have issued 12-month price targets for Nextera Energy Partners' stock. Their predictions range from $35.00 to $54.50. On average, they anticipate Nextera Energy Partners' share price to reach $44.3889 in the next year. This suggests that the stock has a possible downside of 8.3%. View Analyst Price Targets for Nextera Energy Partners.

What is the consensus analysts' recommendation for Nextera Energy Partners?

10 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nextera Energy Partners.

Who are some of Nextera Energy Partners' key competitors?

Who are Nextera Energy Partners' key executives?

Nextera Energy Partners' management team includes the folowing people:
  • Mr. James L. Robo, Chairman & CEO (Age 55)
  • Mr. Armando Pimentel Jr., Pres & Director (Age 55)
  • Mr. John W. Ketchum, CFO & Director (Age 47)
  • Mr. Terrell Kirk Crews II, Controller & Chief Accounting Officer (Age 40)
  • Matthew Roskot, Director of Investor Relations

Has Nextera Energy Partners been receiving favorable news coverage?

Headlines about NEP stock have trended somewhat positive on Saturday, Accern reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nextera Energy Partners earned a media and rumor sentiment score of 0.03 on Accern's scale. They also assigned headlines about the solar energy provider an impact score of 45.46 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Nextera Energy Partners.

Who are Nextera Energy Partners' major shareholders?

Nextera Energy Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.65%), Jennison Associates LLC (4.35%), Massachusetts Financial Services Co. MA (3.98%), FMR LLC (2.38%), Beach Investment Counsel Inc. PA (2.36%) and Bank of New York Mellon Corp (1.76%). Company insiders that own Nextera Energy Partners stock include Armando Pimentel Jr and Mark E Hickson. 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 FMR LLC, Millennium Management LLC, Bank of America Corp DE, Bank of New York Mellon Corp, Kayne Anderson Capital Advisors LP, BlackRock Inc., Massachusetts Financial Services Co. MA and Lehman Financial Resources Inc.. View Insider Buying and Selling for Nextera Energy Partners.

Which institutional investors are buying Nextera Energy Partners stock?

NEP stock was acquired by a variety of institutional investors in the last quarter, including Raymond James & Associates, CHURCHILL MANAGEMENT Corp, Bank of Montreal Can, Renaissance Technologies LLC, Wells Fargo & Company MN, Jennison Associates LLC, TD Asset Management Inc. and Natixis. Company insiders that have bought Nextera Energy Partners stock in the last two years include Armando Pimentel Jr and Mark E Hickson. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Nextera Energy Partners' stock price today?

One share of NEP stock can currently be purchased for approximately $48.43.

How big of a company is Nextera Energy Partners?

Nextera Energy Partners has a market capitalization of $2.56 billion and generates $807 million in revenue each year. The solar energy provider earns $-62,000,000.00 in net income (profit) each year or $0.66 on an earnings per share basis. Nextera Energy Partners employs 8 workers across the globe.

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]


MarketBeat Community Rating for Nextera Energy Partners (NYSE NEP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  247 (Vote Outperform)
Underperform Votes:  273 (Vote Underperform)
Total Votes:  520
MarketBeat's community ratings are surveys of what our community members think about Nextera Energy Partners and other stocks. Vote "Outperform" if you believe NEP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NEP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2018 by MarketBeat.com Staff

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