NextEra Energy, Inc. (NYSE:NEE) Receives Average Rating of “Moderate Buy” from Brokerages

NextEra Energy, Inc. (NYSE:NEE) has been given an average recommendation of “Moderate Buy” by the twenty-four ratings firms that are covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $99.3636.

Several equities research analysts have recently weighed in on the stock. DA Davidson upped their price target on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. TD Cowen lifted their price objective on shares of NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a report on Monday, April 27th. Wells Fargo & Company set a $102.00 price objective on shares of NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, April 24th. Jefferies Financial Group set a $94.00 target price on NextEra Energy in a report on Tuesday, July 14th. Finally, BMO Capital Markets upped their target price on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a report on Monday, July 27th.

NextEra Energy Stock Performance

NEE stock opened at $86.01 on Thursday. NextEra Energy has a 1-year low of $69.24 and a 1-year high of $98.75. The business has a 50-day moving average price of $87.22 and a 200 day moving average price of $89.93. The company has a market capitalization of $179.41 billion, a P/E ratio of 19.33, a PEG ratio of 2.39 and a beta of 0.67. 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 earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.04. The company had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities research analysts forecast that NextEra Energy will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

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

Institutional Investors Weigh In On NextEra Energy

A number of institutional investors have recently added to or reduced their stakes in the stock. Walker Asset Management LLC boosted its stake in NextEra Energy by 2.2% during the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock valued at $465,000 after acquiring an additional 107 shares during the last quarter. PUREfi Wealth LLC grew its holdings in NextEra Energy by 0.9% during the 1st quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock worth $1,170,000 after acquiring an additional 107 shares in the last quarter. Garrison Point Advisors LLC increased its position in shares of NextEra Energy by 0.4% in the 4th quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock worth $2,269,000 after purchasing an additional 109 shares during the last quarter. Cornerstone Planning Group LLC increased its position in shares of NextEra Energy by 12.8% in the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock worth $94,000 after purchasing an additional 111 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID raised its stake in shares of NextEra Energy by 23.2% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock valued at $55,000 after purchasing an additional 112 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Company Profile

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.