NYSE:NEP - Nextera 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 shares have decreased by 19.7% and is now trading at $43.00. View which stocks have been mosted impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nextera Energy Partners in the last year. There are currently 2 hold ratings and 7 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 Tuesday, April 28th 2020. View our earnings forecast for Nextera Energy Partners.

Nextera Energy Partners LP (NYSE:NEP) posted its earnings results on Friday, January, 24th. The solar energy provider reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.44 by $0.06. The solar energy provider had revenue of $206 million for the quarter, compared to analysts' expectations of $347.20 million. Nextera Energy Partners had a negative net margin of 8.89% and a negative return on equity of 1.30%. Nextera Energy Partners's revenue was up 32.9% on a year-over-year basis. During the same period in the previous year, the business posted ($0.39) earnings per share. View Nextera Energy Partners' earnings history.

Nextera Energy Partners announced a quarterly dividend on Monday, January 27th. Shareholders of record on Thursday, February 6th will be paid a dividend of $0.535 per share on Friday, February 14th. This represents a $2.14 annualized dividend and a dividend yield of 4.98%. The ex-dividend date is Wednesday, February 5th. This is a boost from Nextera Energy Partners's previous quarterly dividend of $0.52. View Nextera Energy Partners' dividend history.

9 analysts have issued 12 month price targets for Nextera Energy Partners' shares. Their forecasts range from $53.00 to $65.00. On average, they expect Nextera Energy Partners' share price to reach $60.72 in the next year. This suggests a possible upside of 41.2% from the stock's current price. View analysts' price targets for Nextera Energy Partners.

Headlines about NEP stock have trended very negative this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nextera Energy Partners earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned news headlines about the solar energy provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutNextera Energy Partners.

Some companies that are related to Nextera Energy Partners include RED ELECTRICA C/ADR (RDEIY), Korea Electric Power (KEP), Pinnacle West Capital (PNW), CenterPoint Energy (CNP), Vistra Energy (VST), CENTRAIS ELETRI/S (EBR.B), Brookfield Renewable Partners (BEP), NRG Energy (NRG), ENGIE BRASIL EN/S (EGIEY), Enel Americas (ENIA), Algonquin Power & Utilities (AQN), OGE Energy (OGE), CENTRAIS ELETRI/S (EBR), CHINA RESOURES/ADR (CRPJY) and Huaneng Power International Inc ADR Class N (HNP).

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."

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 $43.00.

Nextera Energy Partners has a market capitalization of $2.82 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.  View additional information about Nextera Energy Partners.

The official website for Nextera Energy Partners is http://www.investor.nexteraenergypartners.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]