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

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$42.71 +0.92 (+2.20 %)
(As of 01/17/2019 04:11 AM ET)
Previous Close$41.79
Today's Range$41.72 - $42.72
52-Week Range$36.84 - $50.66
Volume364,300 shs
Average Volume378,673 shs
Market Capitalization$2.31 billion
P/E Ratio64.71
Dividend Yield4.08%
Beta1.13
NextEra 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

Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone561-694-4000

Debt

Current Ratio5.54
Quick Ratio5.54

Price-To-Earnings

Sales & Book Value

Annual Sales$807 million
Price / Sales2.96
Cash Flow$5.0012 per share
Price / Cash Flow8.54
Book Value$30.57 per share
Price / Book1.40

Profitability

Net Income$-62,000,000.00
Net Margins13.55%
Return on Assets2.61%

Miscellaneous

Employees8
Market Cap$2.31 billion
OptionableOptionable

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 announced a quarterly dividend on Wednesday, October 24th. Investors of record on Tuesday, November 6th will be given a dividend of $0.45 per share on Wednesday, November 14th. This represents a $1.80 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date of this dividend is Monday, November 5th. This is a positive change from Nextera Energy Partners's previous quarterly dividend of $0.44. View Nextera Energy Partners' Dividend History.

How were Nextera Energy Partners' earnings last quarter?

Nextera Energy Partners LP (NYSE:NEP) released its quarterly earnings data on Tuesday, October, 23rd. The solar energy provider reported $0.58 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.45 by $0.13. The solar energy provider earned $178 million during the quarter, compared to analyst estimates of $283.40 million. Nextera Energy Partners had a return on equity of 7.34% and a net margin of 13.55%. 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 Friday, January 25th 2019. View Earnings Estimates for Nextera Energy Partners.

What price target have analysts set for NEP?

8 brokerages have issued 1-year price objectives for Nextera Energy Partners' shares. Their predictions range from $35.00 to $55.00. On average, they expect Nextera Energy Partners' stock price to reach $46.9286 in the next year. This suggests a possible upside of 9.9% from the stock's current price. View Analyst Price Targets for Nextera Energy Partners.

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

8 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nextera Energy Partners.

Has Nextera Energy Partners been receiving favorable news coverage?

Media stories about NEP stock have been trending positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nextera Energy Partners earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned headlines about the solar energy provider a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the immediate future.

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

Who are Nextera Energy Partners' major shareholders?

Nextera Energy Partners' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Tealwood Asset Management Inc. (0.11%) and Boston Advisors LLC (0.06%). 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 major investors are selling Nextera Energy Partners stock?

NEP stock was sold by a variety of institutional investors in the last quarter, including Boston Advisors LLC and Tealwood Asset Management Inc.. 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 $42.71.

How big of a company is Nextera Energy Partners?

Nextera Energy Partners has a market capitalization of $2.31 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.

What is Nextera Energy Partners' official website?

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


MarketBeat Community Rating for Nextera Energy Partners (NYSE NEP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  262 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  554
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 1/17/2019 by MarketBeat.com Staff

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