NYSE:NEP NextEra Energy Partners - NEP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding NextEra Energy Partners, LP Please log in to your account or sign up in order to add this asset to your watchlist. $61.46 +0.41 (+0.67%) (As of 03/27/2023 03:27 PM ET) Add Compare Share Share Today's Range$60.59▼$61.7850-Day Range$58.50▼$76.2052-Week Range$57.50▼$86.06Volume330,693 shsAverage Volume720,679 shsMarket Capitalization$5.32 billionP/E Ratio10.86Dividend Yield5.29%Price Target$84.90 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media NextEra Energy Partners MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside38.3% Upside$84.90 Price TargetShort InterestHealthy5.28% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.46Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth17.17%From $2.33 to $2.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.54 out of 5 starsOils/Energy Sector7th out of 242 stocksElectric Services Industry1st out of 40 stocks 4.3 Analyst's Opinion Consensus RatingNextEra Energy Partners has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $84.90, NextEra Energy Partners has a forecasted upside of 38.3% from its current price of $61.40.Amount of Analyst CoverageNextEra Energy Partners has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.28% of the outstanding shares of NextEra Energy Partners have been sold short.Short Interest Ratio / Days to CoverNextEra Energy Partners has a short interest ratio ("days to cover") of 6.6.Change versus previous monthShort interest in NextEra Energy Partners has recently decreased by 11.26%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipNextEra Energy Partners is a leading dividend payer. It pays a dividend yield of 5.32%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNextEra Energy Partners has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of NextEra Energy Partners is 57.42%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, NextEra Energy Partners will have a dividend payout ratio of 119.05% in the coming year. This indicates that NextEra Energy Partners may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NEP. Previous Next 3.6 News and Social Media Coverage News SentimentNextEra Energy Partners has a news sentiment score of 1.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for NextEra Energy Partners this week, compared to 4 articles on an average week.Search InterestOnly 26 people have searched for NEP on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat Follows13 people have added NextEra Energy Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 18% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NextEra Energy Partners insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.10% of the stock of NextEra Energy Partners is held by insiders.Percentage Held by Institutions83.05% of the stock of NextEra Energy Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for NextEra Energy Partners are expected to grow by 17.17% in the coming year, from $2.33 to $2.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NextEra Energy Partners is 10.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.94.Price to Earnings Ratio vs. SectorThe P/E ratio of NextEra Energy Partners is 10.85, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 58.92.Price to Earnings Growth RatioNextEra Energy Partners has a PEG Ratio of 2.62. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioNextEra Energy Partners has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About NextEra Energy Partners (NYSE:NEP) StockNextEra Energy Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.Read More Receive NEP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NextEra Energy Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address NEP Stock News HeadlinesMarch 27, 2023 | finance.yahoo.com2 Rock Solid Dividend Stocks to Buy on the DipMarch 25, 2023 | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Sets New 1-Year Low at $60.41March 27, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 20, 2023 | finance.yahoo.com11 Best Alternative Fuel Stocks To Buy Right NowMarch 20, 2023 | finance.yahoo.comIf You Invested $10,000 in NextEra Energy 1 Year Ago, This Is How Much You Would Have TodayMarch 19, 2023 | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Earns Sell Rating from Analysts at StockNews.comMarch 19, 2023 | americanbankingnews.comBrokers Set Expectations for NextEra Energy Partners, LP's Q1 2024 Earnings (NYSE:NEP)March 14, 2023 | finance.yahoo.comWall Street Analysts Think NextEra (NEE) Is a Good Investment: Is It?March 27, 2023 | Tradewins (Ad)Modern Day Options Trading For Beginners!These days it takes more than willpower to succeed on Wall Street and for new traders, even small mistakes can sink an account! With "Your Guide To Successful Options Trading" by expert Wendy Kirkland, you can avoid new trader pitfalls and learn to earn in this vicious market. March 14, 2023 | seekingalpha.comNextEra Energy Partners: 8% Dividend Yield On Cost By 2026 LikelyMarch 11, 2023 | finance.yahoo.comWhy These Energy Stocks Have the Potential to ThriveMarch 10, 2023 | finance.yahoo.comThis Top Energy Stock Has No Desire to Wade Into This Potentially Large MarketMarch 3, 2023 | finance.yahoo.comNEP- A Yieldco That Is Capitalizing on Renewable Energy DemandMarch 2, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Utilities Companies: NextEra Energy (NEE), Southwest Gas (SWX) and Nextera Energy Partners (NEP)March 2, 2023 | msn.comThe Latest Analyst Ratings for NextEra Energy PartnersMarch 1, 2023 | finance.yahoo.comIncoming Florida utility chief's priority: no more scandalsFebruary 25, 2023 | finance.yahoo.comWhy I Keep Buying This Top Energy Dividend Stock Hand Over FistFebruary 24, 2023 | finance.yahoo.comNextEra (NEE) Down 4.6% Since Last Earnings Report: Can It Rebound?February 24, 2023 | finance.yahoo.comArmando Pimentel Just Bought 11% More Shares In NextEra Energy, Inc. (NYSE:NEE)February 21, 2023 | fool.com2 Superb Dividend Stocks to Buy Before the Next Bull MarketFebruary 18, 2023 | finance.yahoo.com3 Stocks to Buy If You Think There's a Bull Market ComingFebruary 17, 2023 | finance.yahoo.com2 Exceptional Growth Stocks to Buy Before the Next Bull MarketFebruary 17, 2023 | finance.yahoo.comIDACORP (IDA) Beats on Q4 Earnings, Sees Customer GrowthFebruary 2, 2023 | finance.yahoo.comCMS Energy (CMS) Q4 Earnings In Line, '23 EPS Guidance UpJanuary 31, 2023 | finance.yahoo.com3 Dividend Stocks That Generate More Passive Income Than a 10-Year Treasury NoteJanuary 27, 2023 | finance.yahoo.comNextEra Energy Full Year 2022 Earnings: Misses ExpectationsJanuary 26, 2023 | finance.yahoo.com3 Perfect Stocks for Retirees to Buy Hand Over Fist During the Nasdaq Bear MarketSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NEP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NextEra Energy Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address NEP Company Calendar Last Earnings1/25/2023Ex-Dividend for 2/14 Dividend2/03/2023Dividend Payable2/14/2023Today3/27/2023Next Earnings (Estimated)4/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:NEP CUSIPN/A CIK1603145 Webwww.nexteraenergy.com Phone(561) 694-4000FaxN/AEmployeesN/AYear Founded2014Price Target and Rating Average Stock Price Forecast$84.90 High Stock Price Forecast$94.00 Low Stock Price Forecast$70.00 Forecasted Upside/Downside+39.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$5.66 Trailing P/E Ratio10.79 Forward P/E Ratio26.20 P/E Growth2.62Net Income$477 million Net Margins39.39% Pretax Margin106.69% Return on Equity3.78% Return on Assets2.42% Debt Debt-to-Equity Ratio0.36 Current Ratio1.40 Quick Ratio1.37 Sales & Book Value Annual Sales$1.21 billion Price / Sales4.36 Cash Flow$12.14 per share Price / Cash Flow5.03 Book Value$169.54 per share Price / Book0.36Miscellaneous Outstanding Shares86,540,000Free Float86,448,000Market Cap$5.28 billion OptionableOptionable Beta0.91 Key ExecutivesJohn W. KetchumChairman & Chief Executive OfficerRebecca Jones KujawaPresident & DirectorTerrell Kirk CrewsChief Financial Officer & DirectorW. Scott SeeleySecretary, Head-Compliance & Vice PresidentMark E. HicksonDirector, EVP-Strategy & Corporate DevelopmentKey CompetitorsBrookfield RenewableNYSE:BEPCClearway EnergyNYSE:CWENOrmat TechnologiesNYSE:ORAAtlantica Sustainable InfrastructureNASDAQ:AYReNew Energy GlobalNASDAQ:RNWView All CompetitorsInstitutional OwnershipB. Riley Wealth Advisors Inc.Sold 705 shares on 3/15/2023Ownership: 0.010%Rockefeller Capital Management L.P.Sold 1,570 shares on 3/6/2023Ownership: 0.206%NatixisSold 29,500 shares on 2/24/2023Ownership: 0.280%Portman Square Capital LLPBought 217,200 shares on 2/23/2023Ownership: 0.000%B. Riley Wealth Advisors Inc.Sold 705 shares on 2/21/2023Ownership: 0.010%View All Institutional Transactions NEP Stock - Frequently Asked Questions Should I buy or sell NextEra Energy Partners stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NEP shares. View NEP analyst ratings or view top-rated stocks. What is NextEra Energy Partners' stock price forecast for 2023? 10 analysts have issued 1 year target prices for NextEra Energy Partners' stock. Their NEP share price forecasts range from $70.00 to $94.00. On average, they anticipate the company's stock price to reach $84.90 in the next twelve months. This suggests a possible upside of 39.4% from the stock's current price. View analysts price targets for NEP or view top-rated stocks among Wall Street analysts. How have NEP shares performed in 2023? NextEra Energy Partners' stock was trading at $70.09 on January 1st, 2023. Since then, NEP shares have decreased by 13.1% and is now trading at $60.91. View the best growth stocks for 2023 here. When is NextEra Energy Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023. View our NEP earnings forecast. How were NextEra Energy Partners' earnings last quarter? NextEra Energy Partners, LP (NYSE:NEP) released its quarterly earnings data on Wednesday, January, 25th. The solar energy provider reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.52 by $0.12. The solar energy provider had revenue of $266 million for the quarter, compared to analyst estimates of $336.74 million. NextEra Energy Partners had a net margin of 39.39% and a trailing twelve-month return on equity of 3.78%. NextEra Energy Partners's quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.12) earnings per share. 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 Wednesday, January 25th. Investors of record on Monday, February 6th will be given a dividend of $0.8125 per share on Tuesday, February 14th. This represents a $3.25 annualized dividend and a yield of 5.34%. The ex-dividend date is Friday, February 3rd. This is an increase from the stock's previous quarterly dividend of $0.79. Read our dividend analysis for NEP. What ETFs hold NextEra Energy Partners' stock? ETFs with the largest weight of NextEra Energy Partners (NYSE:NEP) stock in their portfolio include ALPS Clean Energy ETF (ACES), Gabelli Growth Innovators ETF (GGRW), Global X Renewable Energy Producers ETF (RNRG), Gabelli Love Our Planet & People ETF (LOPP), Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT), Virtus Reaves Utilities ETF (UTES), First Trust North American Energy Infrastructure Fund (EMLP) and First Trust EIP Carbon Impact ETF (ECLN). Is NextEra Energy Partners a good dividend stock? NextEra Energy Partners (NYSE:NEP) pays an annual dividend of $3.25 per share and currently has a dividend yield of 5.32%. NEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 57.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, NEP will have a dividend payout ratio of 119.05% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for NEP. 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 number of institutional and retail investors. Top institutional investors include Neuberger Berman Group LLC (4.93%), Jennison Associates LLC (3.18%), Energy Income Partners LLC (2.48%), Tortoise Capital Advisors L.L.C. (2.07%), T. Rowe Price Investment Management Inc. (2.07%) and 1832 Asset Management L.P. (1.73%). View institutional ownership trends. How do I buy shares of NextEra Energy Partners? Shares of NEP stock 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 $60.91. How much money does NextEra Energy Partners make? NextEra Energy Partners (NYSE:NEP) has a market capitalization of $5.27 billion and generates $1.21 billion in revenue each year. The solar energy provider earns $477 million in net income (profit) each year or $5.66 on an earnings per share basis. How can I contact NextEra Energy Partners? NextEra Energy Partners' mailing address is 700 UNIVERSE BOULEVARD, JUNO BEACH FL, 33408. The official website for the company is www.nexteraenergy.com. The solar energy provider can be reached via phone at (561) 694-4000 or via email at investors@nexteraenergypartners.com. This page (NYSE:NEP) was last updated on 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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