NYSE:NEP NextEra Energy Partners (NEP) Stock Price, News & Analysis → Radical change coming — do this NOW to protect yourself (From Weiss Ratings) (Ad) Free NEP Stock Alerts $27.25 -0.70 (-2.50%) (As of 11:45 AM ET) Add Compare Share Share Today's Range$27.24▼$27.9350-Day Range$27.00▼$34.6052-Week Range$20.17▼$62.58Volume718,419 shsAverage Volume1.44 million shsMarket Capitalization$2.55 billionP/E Ratio8.93Dividend Yield13.10%Price Target$38.79 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get NextEra Energy Partners alerts: Email Address NextEra Energy Partners MarketRank™ Stock AnalysisAnalyst RatingHold2.13 Rating ScoreUpside/Downside39.2% Upside$38.79 Price TargetShort InterestHealthy3.81% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.84Based on 18 Articles This WeekInsider TradingN/AProj. Earnings Growth-43.39%From $1.89 to $1.07 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.14 out of 5 starsOils/Energy Sector43rd out of 235 stocksElectric Services Industry13th out of 42 stocks 4.1 Analyst's Opinion Consensus RatingNextEra Energy Partners has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 4 buy ratings, 9 hold ratings, and 2 sell ratings.Amount of Analyst CoverageNextEra Energy Partners has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about NextEra Energy Partners' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.81% of the outstanding shares of NextEra Energy Partners have been sold short.Short Interest Ratio / Days to CoverNextEra Energy Partners has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in NextEra Energy Partners has recently decreased by 37.65%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipNextEra Energy Partners is a leading dividend payer. It pays a dividend yield of 12.77%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNextEra Energy Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of NextEra Energy Partners is 117.05%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, NextEra Energy Partners will have a dividend payout ratio of 333.64% in the coming year. This indicates that NextEra Energy Partners may not be able to sustain their current dividend.Read more about NextEra Energy Partners' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NEP. Previous Next 2.1 News and Social Media Coverage News SentimentNextEra Energy Partners has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 18 news articles for NextEra Energy Partners this week, compared to 6 articles on an average week.Search InterestOnly 80 people have searched for NEP on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.MarketBeat FollowsOnly 40 people have added NextEra Energy Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -5% compared to the previous 30 days. Previous Next 1.7 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 0.14% of the stock of NextEra Energy Partners is held by insiders.Percentage Held by Institutions66.01% 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.Read more about NextEra Energy Partners' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for NextEra Energy Partners are expected to decrease by -43.39% in the coming year, from $1.89 to $1.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NextEra Energy Partners is 9.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.49.Price to Earnings Ratio vs. SectorThe P/E ratio of NextEra Energy Partners is 9.13, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.37.Price to Book Value per Share RatioNextEra Energy Partners has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about NextEra Energy Partners' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsRadical change coming — do this NOW to protect yourselfI recently uncovered a way the government could use the next crisis as a pretext to gain more control … and radically change life in America as we know it today. And a Draconian set of technologies that could impose a new kind of financial surveillance in America. Click here to learn more. About NextEra Energy Partners Stock (NYSE:NEP)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, solar, and battery storage projects. The company owns contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is based in Juno Beach, Florida.Read More NEP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NEP Stock News HeadlinesJune 16 at 5:48 AM | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Stock Price Down 2.8%June 14 at 5:12 AM | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Downgraded by Barclays to UnderweightJune 13, 2024 | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Downgraded by Mizuho to "Neutral"June 8, 2024 | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Trading Down 1.8%June 6, 2024 | investorplace.com3 Sorry Utilities Stocks to Sell Now While You Still Can: Summer EditionJune 6, 2024 | seekingalpha.comDividend Cut Alert: Bad News For NextEra Energy PartnersJune 3, 2024 | insidermonkey.comNextEra Energy Partners, LP (NYSE:NEP): The Best Dividend Stock with over 7% Yield?June 2, 2024 | fool.comGot $1,000 and Willing to Take on More Risk? These 2 Ultra-High-Yielding Dividend Stocks Could Turn It Into Over $100 of Annual Passive IncomeJune 1, 2024 | fool.comIs NextEra Energy Partners Stock a Buy?May 23, 2024 | fool.comWhy NextEra Energy Partners Sank TodayMay 16, 2024 | investorplace.comDividend Delights: 3 Safe Stocks Yielding Over 7% in Uncertain TimesMay 7, 2024 | 247wallst.comFor $10,000 in Passive Income, Invest $7,500 in These 12 Dividend StocksMay 6, 2024 | seekingalpha.comNextEra Partners names former Goldman exec as CFO; Crews becomes chief risk officerMay 6, 2024 | marketwatch.comNextEra Energy Names New Chief Risk, Finance OfficersMay 6, 2024 | markets.businessinsider.comNextEra Energy Partners Appoints Bolster As CFOMay 6, 2024 | seekingalpha.comI Bought The Dip And It's Paying 12%: NextEra Energy LPMay 6, 2024 | prnewswire.comNextEra Energy Partners announces organizational changesApril 30, 2024 | finance.yahoo.comThe Zacks Analyst Blog Highlights NVIDIA, Alphabet, Amazon, NextEra Energy and Marriott InternationalApril 27, 2024 | fool.comCatalyst Watch: This Beaten-Down, High-Yield Dividend Stock Is Working on a Long-Term Solution to Its Biggest IssueApril 25, 2024 | fool.comThese 3 High-Yield Dividend Stocks Are Set to Soar in 2024 and BeyondApril 25, 2024 | msn.comNextEra Energy Partners raises dividend by 1.45 to $0.8925April 24, 2024 | fool.comNextEra Energy Partners Shines in Q1April 24, 2024 | markets.businessinsider.comOppenheimer Keeps Their Hold Rating on Nextera Energy Partners (NEP)April 24, 2024 | washingtonpost.comProsperity Bancshares: Q1 Earnings SnapshotApril 24, 2024 | fool.comThis Ultra-High-Yield Dividend Stock Continues to Grow Despite its ChallengesSee More Headlines Receive NEP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NextEra Energy Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/22/2024Ex-Dividend for 5/15 Dividend5/06/2024Dividend Payable5/15/2024Today6/17/2024Next Earnings (Estimated)7/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Electric services Sub-IndustryN/A Current SymbolNYSE:NEP CUSIPN/A CIK1603145 Webwww.nexteraenergy.com Phone(561) 694-4000FaxN/AEmployeesN/AYear Founded2014Price Target and Rating Average Stock Price Target$38.79 High Stock Price Target$81.00 Low Stock Price Target$20.00 Potential Upside/Downside+38.8%Consensus RatingHold Rating Score (0-4)2.13 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$3.05 Trailing P/E Ratio9.16 Forward P/E Ratio14.79 P/E GrowthN/ANet Income$200 million Net Margins23.55% Pretax Margin-1.41% Return on Equity-0.48% Return on Assets-0.30% Debt Debt-to-Equity Ratio0.35 Current Ratio1.36 Quick Ratio1.31 Sales & Book Value Annual Sales$1.09 billion Price / Sales2.40 Cash Flow$4.12 per share Price / Cash Flow6.78 Book Value$150.50 per share Price / Book0.19Miscellaneous Outstanding Shares93,539,000Free Float93,408,000Market Cap$2.61 billion OptionableOptionable Beta1.07 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. John W. Ketchum (Age 53)Chairman & CEO Ms. Rebecca J. Kujawa (Age 48)President & Director Mr. Brian W. BolsterCFO & DirectorMr. James Michael May (Age 47)Controller & Chief Accounting Officer Mr. Charles E. Sieving (Age 51)General Counsel Mr. Mark E. Hickson (Age 56)Executive VP of Strategy & Corporate Development and Director Mr. William Scott SeeleyCorporate SecretaryMr. Michael H. Dunne (Age 48)Treasurer & Assistant Secretary More ExecutivesKey CompetitorsPinnacle West CapitalNYSE:PNWBrookfield Renewable PartnersNYSE:BEPOGE EnergyNYSE:OGEBrookfield RenewableNYSE:BEPCClearway EnergyNYSE:CWENView All CompetitorsInstitutional OwnershipWestwood Holdings Group Inc.Sold 271,741 shares on 6/6/2024Ownership: 0.070%DekaBank Deutsche GirozentraleSold 7,250 shares on 6/4/2024Ownership: 0.137%Pathway Financial Advisers LLCBought 47,909 shares on 5/29/2024Ownership: 0.051%Cetera Investment AdvisersBought 54,267 shares on 5/24/2024Ownership: 0.068%Redwood Grove Capital LLCBought 7,200 shares on 5/23/2024Ownership: 0.830%View All Institutional Transactions NEP Stock Analysis - Frequently Asked Questions Should I buy or sell NextEra Energy Partners stock right now? 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last year. There are currently 2 sell ratings, 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NEP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NEP, but not buy additional shares or sell existing shares. View NEP analyst ratings or view top-rated stocks. What is NextEra Energy Partners' stock price target for 2024? 15 equities research analysts have issued twelve-month price targets for NextEra Energy Partners' shares. Their NEP share price targets range from $20.00 to $81.00. On average, they anticipate the company's share price to reach $38.79 in the next year. This suggests a possible upside of 39.2% from the stock's current price. View analysts price targets for NEP or view top-rated stocks among Wall Street analysts. How have NEP shares performed in 2024? NextEra Energy Partners' stock was trading at $30.41 at the beginning of 2024. Since then, NEP shares have decreased by 8.4% and is now trading at $27.86. View the best growth stocks for 2024 here. Are investors shorting NextEra Energy Partners? NextEra Energy Partners saw a drop in short interest in May. As of May 31st, there was short interest totaling 3,560,000 shares, a drop of 37.7% from the May 15th total of 5,710,000 shares. Based on an average trading volume of 1,420,000 shares, the days-to-cover ratio is presently 2.5 days. View NextEra Energy Partners' Short Interest. When is NextEra Energy Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024. View our NEP earnings forecast. How were NextEra Energy Partners' earnings last quarter? NextEra Energy Partners, LP (NYSE:NEP) issued its quarterly earnings data on Monday, April, 22nd. The solar energy provider reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.63. The solar energy provider earned $257 million during the quarter, compared to analysts' expectations of $331.78 million. NextEra Energy Partners had a net margin of 23.55% and a negative trailing twelve-month return on equity of 0.48%. The company's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the business earned ($0.17) earnings per share. 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 Tuesday, April 23rd. Shareholders of record on Tuesday, May 7th will be given a dividend of $0.8925 per share on Wednesday, May 15th. This represents a $3.57 dividend on an annualized basis and a dividend yield of 12.81%. The ex-dividend date of this dividend is Monday, May 6th. This is an increase from the stock's previous quarterly dividend of $0.88. Read our dividend analysis for NEP. Is NextEra Energy Partners a good dividend stock? NextEra Energy Partners (NYSE:NEP) pays an annual dividend of $3.57 per share and currently has a dividend yield of 12.77%. NEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 117.05%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NEP will have a dividend payout ratio of 333.64% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for NEP. What ETFs hold NextEra Energy Partners' stock? ETFs with the largest weight of NextEra Energy Partners (NYSE:NEP) stock in their portfolio include BNY Mellon Global Infrastructure Income ETF (BKGI), ALPS Clean Energy ETF (ACES), ClearBridge Sustainable Infrastructure ETF (INFR), Gabelli Love Our Planet & People ETF (LOPP), Formidable ETF (FORH), Xtrackers US Green Infrastructure Select Equity ETF (UPGR), Global X Renewable Energy Producers ETF (RNRG) and Gen Z ETF (ZGEN). 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 Xtrackers California Municipal Bond ETF (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 Transocean (RIG). Who are NextEra Energy Partners' major shareholders? NextEra Energy Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include ClearBridge Investments Ltd (4.45%), M&G Plc (2.96%), 1832 Asset Management L.P. (2.04%), Energy Income Partners LLC (1.76%), Redwood Grove Capital LLC (0.83%) and Raymond James & Associates (0.81%). View institutional ownership trends. How do I buy shares of NextEra Energy Partners? Shares of NEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:NEP) was last updated on 6/17/2024 by MarketBeat.com Staff From Our PartnersAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredHurry! Buy this stock before the Robinhood traders do!Robinhood traders have piled $78 billion into this market... 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