NextEra Energy Partners Stock Forecast, Price & News

NextEra Energy Partners' stock was trading at $53.56 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NEP stock has increased by 53.7% and is now trading at $82.34.
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13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last twelve months. There are currently 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NextEra Energy Partners stock.
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NextEra Energy Partners is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
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NextEra Energy Partners will be holding an earnings conference call on Tuesday, January 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

NextEra Energy Partners, LP (NYSE:NEP) posted its earnings results on Wednesday, October, 21st. The solar energy provider reported $0.76 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.62 by $0.14. The solar energy provider earned $240 million during the quarter, compared to analyst estimates of $330.08 million. During the same quarter in the previous year, the business earned $2.39 EPS.
View NextEra Energy Partners' earnings history.

NextEra Energy Partners declared a quarterly dividend on Thursday, October 22nd. Shareholders of record on Thursday, November 5th will be given a dividend of $0.595 per share on Friday, November 13th. This represents a $2.38 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend is Wednesday, November 4th. This is an increase from NextEra Energy Partners's previous quarterly dividend of $0.58.
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NextEra Energy Partners pays an annual dividend of $2.38 per share and currently has a dividend yield of 2.89%.
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13 Wall Street analysts have issued 12-month price objectives for NextEra Energy Partners' stock. Their forecasts range from $49.00 to $83.00. On average, they anticipate NextEra Energy Partners' share price to reach $68.58 in the next twelve months. This suggests that the stock has a possible downside of 16.7%.
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NextEra Energy Partners saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 1,020,000 shares, an increase of 327.9% from the December 15th total of 238,400 shares. Based on an average trading volume of 485,100 shares, the days-to-cover ratio is currently 2.1 days.
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Some companies that are related to NextEra Energy Partners include EDP - Energias de Portugal (EDPFY), CLP (CLPHY), DTE Energy (DTE), PPL (PPL), SSE (SSEZY), Fortis (FTS), Entergy (ETR), FirstEnergy (FE), Korea Electric Power (KEP), Tenaga Nasional Berhad (TNABY), Avangrid (AGR), Brookfield Renewable Partners (BEP), CenterPoint Energy (CNP), Red Eléctrica Corporación (RDEIY) and Vistra (VST).
View all of NEP's 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 Co. (ATH.TO) (ATH), Och-Ziff Capital Management Group (OZM), Precision Drilling Co. (PD.TO) (PD) and Transocean (RIG).

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 investors include A. D. Beadell Investment Counsel Inc. (0.20%), OneAscent Financial Services LLC (0.02%), Raymond James Trust N.A. (0.02%) and Kovack Advisors Inc. (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 A. D. Beadell Investment Counsel Inc..
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NEP stock was bought by a variety of institutional investors in the last quarter, including Kovack Advisors Inc., OneAscent Financial Services LLC, and Raymond James Trust N.A.. Company insiders that have bought NextEra Energy Partners stock in the last two years include Peter H Kind, and Robert J Byrne.
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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.

One share of NEP stock can currently be purchased for approximately $82.34.

NextEra Energy Partners has a market capitalization of $6.01 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]