NextEra Energy (NYSE:NEE) Downgraded to “Sell” Rating by Wall Street Zen

Wall Street Zen lowered shares of NextEra Energy (NYSE:NEE) from a hold rating to a sell rating in a research report released on Saturday morning.

Other research analysts have also recently issued reports about the stock. Sanford C. Bernstein reiterated an “outperform” rating and issued a $108.00 target price on shares of NextEra Energy in a research note on Monday, July 27th. TD Cowen upped their price objective on NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Barclays set a $91.00 price objective on NextEra Energy and gave the company an “equal weight” rating in a report on Tuesday, July 7th. BMO Capital Markets raised their target price on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Finally, JPMorgan Chase & Co. boosted their target price on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.36.

NextEra Energy Trading Down 0.9%

Shares of NextEra Energy stock opened at $87.14 on Friday. NextEra Energy has a 1 year low of $69.24 and a 1 year high of $98.75. The firm has a market cap of $181.75 billion, a PE ratio of 19.58, a P/E/G ratio of 2.38 and a beta of 0.67. The stock has a fifty day moving average price of $87.30 and a 200-day moving average price of $89.77. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. During the same period in the previous year, the firm earned $1.05 EPS. The firm’s quarterly revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities research analysts anticipate that NextEra Energy will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be paid a $0.6232 dividend. The ex-dividend date is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Fourth Dimension Wealth LLC grew its stake in NextEra Energy by 8.5% during the second quarter. Fourth Dimension Wealth LLC now owns 1,512 shares of the utilities provider’s stock valued at $133,000 after acquiring an additional 118 shares in the last quarter. Fortis Capital Advisors LLC boosted its holdings in NextEra Energy by 13.8% in the 2nd quarter. Fortis Capital Advisors LLC now owns 19,403 shares of the utilities provider’s stock valued at $1,703,000 after purchasing an additional 2,354 shares during the period. Baron Silver Stevens Financial Advisors LLC grew its position in shares of NextEra Energy by 4.2% during the 2nd quarter. Baron Silver Stevens Financial Advisors LLC now owns 14,599 shares of the utilities provider’s stock valued at $1,281,000 after purchasing an additional 589 shares in the last quarter. VestGen Investment Management increased its holdings in shares of NextEra Energy by 24.8% in the second quarter. VestGen Investment Management now owns 8,128 shares of the utilities provider’s stock worth $713,000 after purchasing an additional 1,617 shares during the period. Finally, W Advisors LLC increased its holdings in shares of NextEra Energy by 2.9% in the second quarter. W Advisors LLC now owns 10,717 shares of the utilities provider’s stock worth $941,000 after purchasing an additional 300 shares during the period. Hedge funds and other institutional investors own 78.72% of the company’s stock.

About NextEra Energy

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.