NextEra Energy (NYSE:NEE) Rating Lowered to “Strong Sell” at Wall Street Zen

NextEra Energy (NYSE:NEE) was downgraded by analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research report issued on Saturday.

A number of other research firms also recently weighed in on NEE. Erste Group Bank downgraded NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Jefferies Financial Group set a $94.00 price target on shares of NextEra Energy in a research note on Tuesday, July 14th. BMO Capital Markets raised their price target on shares of NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Evercore reiterated an “outperform” rating and issued a $107.00 price objective on shares of NextEra Energy in a research note on Monday, May 4th. Finally, Mizuho set a $95.00 price objective on shares of NextEra Energy in a report on Monday, July 27th. Seventeen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and a consensus price target of $100.33.

NextEra Energy Price Performance

Shares of NYSE NEE opened at $83.71 on Friday. The firm has a market cap of $174.60 billion, a P/E ratio of 18.81, a price-to-earnings-growth ratio of 2.29 and a beta of 0.67. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. NextEra Energy has a 1-year low of $69.24 and a 1-year high of $98.75. The business’s 50 day moving average is $87.22 and its 200-day moving average is $89.90.

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

Hedge Funds Weigh In On NextEra Energy

Hedge funds have recently bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new position in NextEra Energy in the fourth quarter valued at approximately $25,000. Anfield Capital Management LLC lifted its stake in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares during the last quarter. Kilter Group LLC bought a new stake in NextEra Energy during the second quarter worth $25,000. Manning & Napier Advisors LLC acquired a new stake in shares of NextEra Energy in the 2nd quarter valued at $26,000. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in shares of NextEra Energy in the 2nd quarter valued at $26,000. 78.72% of the stock is owned by institutional investors.

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.