Log in

NYSE:NEPNextera Energy Partners Stock Price, Forecast & News

$49.60
+0.54 (+1.10 %)
(As of 05/22/2020 04:00 PM ET)
Add
Compare
Today's Range
$48.75
Now: $49.60
$49.64
50-Day Range
$37.87
MA: $46.04
$50.52
52-Week Range
$29.01
Now: $49.60
$61.87
Volume191,329 shs
Average Volume454,347 shs
Market Capitalization$3.25 billion
P/E RatioN/A
Dividend Yield4.48%
Beta1.16
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
Nextera Energy Partners logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.77 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$855 million
Cash Flow$3.72 per share
Book Value$93.03 per share

Profitability

Net Income$-71,000,000.00

Miscellaneous

EmployeesN/A
Market Cap$3.25 billion
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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 reached pandemic status according to the World Health Organization. Since then, NEP stock has decreased by 7.4% and is now trading at $49.60. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Nextera Energy Partners?

11 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 6 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 Wednesday, July 22nd 2020. View our earnings forecast for Nextera Energy Partners.

How were Nextera Energy Partners' earnings last quarter?

Nextera Energy Partners LP (NYSE:NEP) released its earnings results on Wednesday, April, 22nd. The solar energy provider reported ($3.39) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $3.59. The solar energy provider had revenue of $212 million for the quarter, compared to analysts' expectations of $302.68 million. Nextera Energy Partners had a negative return on equity of 4.53% and a negative net margin of 31.46%. The business's quarterly revenue was up 19.8% on a year-over-year basis. During the same period last year, the business posted ($0.38) EPS. 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 declared a quarterly dividend on Thursday, April 23rd. Shareholders of record on Thursday, May 7th will be paid a dividend of $0.555 per share on Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date of this dividend is Wednesday, May 6th. This is a boost from Nextera Energy Partners's previous quarterly dividend of $0.54. View Nextera Energy Partners' dividend history.

What price target have analysts set for NEP?

11 Wall Street analysts have issued twelve-month target prices for Nextera Energy Partners' stock. Their forecasts range from $49.00 to $65.00. On average, they expect Nextera Energy Partners' share price to reach $58.05 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. View analysts' price targets for Nextera Energy Partners.

Has Nextera Energy Partners been receiving favorable news coverage?

News headlines about NEP stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Nextera Energy Partners earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave media stories about the solar energy provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutNextera Energy Partners.

Who are some of Nextera Energy Partners' key 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 investors include Jennison Associates LLC (5.78%), Kayne Anderson Capital Advisors LP (2.75%), Artemis Investment Management LLP (2.40%), Artemis Investment Management LLP (2.40%), Eventide Asset Management LLC (1.90%) and Beach Investment Counsel Inc. PA (1.88%). 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 major investors are selling Nextera Energy Partners stock?

NEP stock was sold by a variety of institutional investors in the last quarter, including Kohlberg Kravis Roberts & Co. L.P., Morgan Stanley, Eaton Vance Management, Tiedemann Advisors LLC, Citigroup Inc., Deutsche Bank AG, Tortoise Advisors UK Ltd, and Engineers Gate Manager LP. View insider buying and selling activity for Nextera Energy Partners.

Which major investors are buying Nextera Energy Partners stock?

NEP stock was acquired by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Artemis Investment Management LLP, Kayne Anderson Capital Advisors LP, Raymond James & Associates, Bank of New York Mellon Corp, Tortoise Capital Advisors L.L.C., Legal & General Group Plc, and M&G Investment Management Ltd.. 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 $49.60.

How big of a company is Nextera Energy Partners?

Nextera Energy Partners has a market capitalization of $3.25 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 5/24/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.