NYSE:NEP Nextera Energy Partners Stock Forecast, Price & News Adding Choose a 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. Log In and Add $56.27 -1.15 (-2.00 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$56.21Now: $56.27▼$57.5050-Day Range$55.26MA: $60.01▼$63.5552-Week Range$29.01Now: $56.27▼$64.41Volume281,104 shsAverage Volume597,946 shsMarket Capitalization$3.69 billionP/E RatioN/ADividend Yield4.02%Beta1.07 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects with approximately 4,859 megawatts of capacity, as well as seven contracted natural gas pipeline assets. The company was founded in 2014 and is headquartered in Juno Beach, Florida.Read More Beat the Market (BTM) Rank™ 1.3 Analyst's Opinion Consensus RatingNextera Energy Partners has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $59.96, Nextera Energy Partners has a forecasted upside of 6.6% from its current price of $56.27.Amount of Analyst CoverageNextera Energy Partners has only been the subject of 4 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesNextera Energy Partners has received 344 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNextera Energy Partners has received 371 “underperform” votes. (Add your “underperform” vote.)Community SentimentNextera Energy Partners has received 51.89% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipNextera Energy Partners is a leading dividend payer. It pays a dividend yield of 4.02%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNextera Energy Partners has been increasing its dividend for 5 years.Dividend SustainabilityBased on EPS estimates, Nextera Energy Partners will have a dividend payout ratio of 102.21% in the coming year. This indicates that Nextera Energy Partners may not be able to sustain their current dividend. Previous Next 1.0 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 0.20% of the stock of Nextera Energy Partners is held by insiders.Percentage Held by Institutions82.65% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Nextera Energy Partners are expected to grow in the coming year, from ($1.42) to $2.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nextera Energy Partners is -16.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Nextera Energy Partners is -16.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNextera Energy Partners has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.3Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.70 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Electric services Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:NEP Previous Symbol CUSIPN/A CIK1603145 Webwww.nexteraenergy.com Phone561-694-4000Debt Debt-to-Equity Ratio0.69 Current Ratio1.46 Quick Ratio1.38Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$855 million Price / Sales4.31 Cash Flow$3.59 per share Price / Cash Flow15.67 Book Value$113.16 per share Price / Book0.50Profitability EPS (Most Recent Fiscal Year)($1.51) Net Income$-71,000,000.00 Net Margins-14.18% Return on Equity-2.11% Return on Assets-1.08%Miscellaneous EmployeesN/A Outstanding Shares65,529,000Market Cap$3.69 billion Next Earnings Date10/27/2020 (Estimated) OptionableOptionable $56.27 -1.15 (-2.00 %) (As of 09/23/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive NEP News and Ratings via Email Sign-up to receive the latest news and ratings for NEP and its competitors with MarketBeat's FREE daily newsletter. Nextera Energy Partners (NYSE:NEP) Frequently Asked Questions How has Nextera Energy Partners' stock been impacted by COVID-19 (Coronavirus)? Nextera Energy Partners' stock was trading at $53.56 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NEP shares have increased by 5.1% and is now trading at $56.27. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Nextera Energy Partners? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nextera Energy Partners in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Nextera Energy Partners. When is Nextera Energy Partners' next earnings date? Nextera Energy Partners is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020. View our earnings forecast for Nextera Energy Partners. How were Nextera Energy Partners' earnings last quarter? Nextera Energy Partners LP (NYSE:NEP) posted its quarterly earnings data on Friday, July, 24th. The solar energy provider reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.33. The solar energy provider earned $253 million during the quarter, compared to analysts' expectations of $337.58 million. Nextera Energy Partners had a negative net margin of 14.18% and a negative return on equity of 2.11%. The firm's revenue was up 15.5% on a year-over-year basis. During the same quarter last year, the company posted ($0.49) earnings per share. View Nextera Energy Partners' earnings history. 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 Monday, July 27th. Shareholders of record on Thursday, August 6th will be paid a dividend of $0.5775 per share on Friday, August 14th. This represents a $2.31 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date is Wednesday, August 5th. This is a positive change from Nextera Energy Partners's previous quarterly dividend of $0.56. View Nextera Energy Partners' dividend history. What price target have analysts set for NEP? 12 brokers have issued 12 month price targets for Nextera Energy Partners' stock. Their forecasts range from $49.00 to $73.00. On average, they expect Nextera Energy Partners' stock price to reach $59.96 in the next year. This suggests a possible upside of 6.6% from the stock's current price. View analysts' price targets for Nextera Energy Partners. Who are some of Nextera Energy Partners' key competitors? Some companies that are related to Nextera Energy Partners include Korea Electric Power (KEP), CenterPoint Energy (CNP), RED ELECTRICA C/ADR (RDEIY), Vistra Energy (VST), CENTRAIS ELETRI/S (EBR.B), Brookfield Renewable Partners (BEP), Algonquin Power & Utilities (AQN), Pinnacle West Capital (PNW), CENTRAIS ELETRI/S (EBR), Enel Americas (ENIA), NRG Energy (NRG), ENGIE BRASIL EN/S (EGIEY), Huaneng Power International Inc ADR Class N (HNP), OGE Energy (OGE) and CHINA RESOURES/ADR (CRPJY). View all competitors. 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 Gran Tierra Energy (GTE). Who are Nextera Energy Partners' key executives? Nextera Energy Partners' management team includes the following people: Mr. James L. Robo, Chairman & CEO (Age 56)Mr. John W. Ketchum, Pres & Director (Age 48)Ms. Rebecca J. Kujawa, CFO & Director (Age 43)Mr. James Michael May, Controller & Chief Accounting Officer (Age 42)Matthew Roskot, Director of Investor Relations 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 many different retail and institutional investors. Top institutional shareholders include Neuberger Berman Group LLC (8.42%), Jennison Associates LLC (5.48%), FMR LLC (5.14%), Bank of New York Mellon Corp (3.55%), Kayne Anderson Capital Advisors LP (2.77%) and Beach Investment Counsel Inc. PA (2.07%). Company insiders that own Nextera Energy Partners stock include Peter H Kind and Robert J Byrne. 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 Neuberger Berman Group LLC, Reaves W H & Co. Inc., Jennison Associates LLC, Yaupon Capital Management LP, Marshall Wace LLP, Tiedemann Advisors LLC, Tortoise Advisors UK Ltd, and Baird Financial Group Inc.. View insider buying and selling activity for Nextera Energy Partners. Which institutional investors are buying Nextera Energy Partners stock? NEP stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, FMR LLC, Electron Capital Partners LLC, Goldman Sachs Group Inc., Nordea Investment Management AB, Bank of Montreal Can, Ensign Peak Advisors Inc, and Candriam Luxembourg S.C.A.. Company insiders that have bought Nextera Energy Partners stock in the last two years include Peter H Kind, and Robert J Byrne. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Nextera Energy Partners' stock price today? One share of NEP stock can currently be purchased for approximately $56.27. How big of a company is Nextera Energy Partners? Nextera Energy Partners has a market capitalization of $3.69 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. What is Nextera Energy Partners' official website? The official website for Nextera Energy Partners is www.nexteraenergy.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] This page was last updated on 9/23/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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