NextEra Energy, Inc. (NYSE:NEE) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of NextEra Energy, Inc. (NYSE:NEE) have been given an average recommendation of “Moderate Buy” by the twenty-two brokerages that are covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $99.5714.

Several analysts have weighed in on the company. BMO Capital Markets dropped their price objective on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a report on Monday, May 18th. Sanford C. Bernstein set a $107.00 price objective on NextEra Energy and gave the stock an “outperform” rating in a report on Tuesday, June 16th. Barclays set a $90.00 price objective on NextEra Energy and gave the company an “equal weight” rating in a report on Tuesday, May 26th. TD Cowen upped their price objective on NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a report on Monday, April 27th. Finally, Scotiabank upped their price objective on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a report on Friday, April 24th.

NextEra Energy Trading Up 0.5%

Shares of NEE opened at $86.54 on Wednesday. The stock has a fifty day moving average price of $89.91 and a two-hundred day moving average price of $88.32. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. NextEra Energy has a 52-week low of $67.20 and a 52-week high of $98.75. The company has a market cap of $180.47 billion, a price-to-earnings ratio of 22.02, a PEG ratio of 2.52 and a beta of 0.68.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.06. The firm had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Analysts predict that NextEra Energy will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Friday, June 5th. NextEra Energy’s dividend payout ratio is currently 63.36%.

Institutional Investors Weigh In On NextEra Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of NextEra Energy in the fourth quarter worth about $2,816,327,000. Employees Provident Fund Board acquired a new position in shares of NextEra Energy during the fourth quarter worth about $240,840,000. Pictet Asset Management Holding SA boosted its position in shares of NextEra Energy by 47.3% during the fourth quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock worth $742,913,000 after buying an additional 2,972,924 shares during the period. Danica Pension Livsforsikringsaktieselskab acquired a new position in shares of NextEra Energy during the third quarter worth about $177,198,000. Finally, Vanguard Group Inc. boosted its position in shares of NextEra Energy by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after buying an additional 2,234,176 shares during the period. 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.