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

NextEra Energy, Inc. (NYSE:NEE) has been given an average rating of “Moderate Buy” by the twenty-four analysts that are presently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation, seventeen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $99.3636.

A number of analysts have weighed in on NEE shares. Weiss Ratings cut shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. BMO Capital Markets boosted their price objective on shares of NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. HSBC increased their price objective on shares of NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Finally, Mizuho set a $95.00 target price on NextEra Energy in a research note on Monday, July 27th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC acquired a new stake in NextEra Energy in the fourth quarter worth $25,000. Anfield Capital Management LLC boosted its holdings in shares of NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 270 shares during the period. Wealth Watch Advisors INC boosted its holdings in shares of NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 226 shares during the period. Osbon Capital Management LLC bought a new position in shares of NextEra Energy during the fourth quarter worth about $27,000. Finally, Strive Asset Management LLC bought a new position in shares of NextEra Energy during the third quarter worth about $29,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Price Performance

Shares of NYSE NEE opened at $86.01 on Thursday. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $179.41 billion, a price-to-earnings ratio of 19.33, a price-to-earnings-growth ratio of 2.39 and a beta of 0.67. NextEra Energy has a twelve month low of $69.24 and a twelve month high of $98.75. The business has a 50 day simple moving average of $87.22 and a 200-day simple moving average of $89.93.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data 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 firm had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The firm’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same period last year, the business posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities research analysts expect that NextEra Energy will post 4.01 earnings per share for the current 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 dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio is presently 55.96%.

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.