NextEra Energy (NYSE:NEE) Issues FY 2025 Earnings Guidance

NextEra Energy (NYSE:NEE) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.450-3.700 for the period, compared to the consensus EPS estimate of 3.680. The company issued revenue guidance of -. NextEra Energy also updated its FY 2024 guidance to 3.230-3.430 EPS.

NextEra Energy Stock Performance

Shares of NYSE NEE traded up $0.41 during mid-day trading on Wednesday, hitting $84.11. 5,134,642 shares of the company were exchanged, compared to its average volume of 10,731,017. The company has a quick ratio of 0.41, a current ratio of 0.49 and a debt-to-equity ratio of 1.15. The stock has a 50 day simple moving average of $82.05 and a 200-day simple moving average of $75.89. NextEra Energy has a 1-year low of $53.11 and a 1-year high of $86.10. The firm has a market cap of $172.81 billion, a price-to-earnings ratio of 22.75, a price-to-earnings-growth ratio of 2.92 and a beta of 0.56.

NextEra Energy (NYSE:NEE) last released its earnings results on Wednesday, July 24th. The utilities provider reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.03. NextEra Energy had a return on equity of 11.75% and a net margin of 24.45%. The company had revenue of $6.07 billion during the quarter, compared to the consensus estimate of $7.29 billion. During the same quarter last year, the company earned $0.88 earnings per share. On average, sell-side analysts forecast that NextEra Energy will post 3.4 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 22nd will be issued a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date is Friday, November 22nd. NextEra Energy’s dividend payout ratio (DPR) is currently 56.13%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on NEE shares. Dbs Bank downgraded NextEra Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, September 27th. Jefferies Financial Group started coverage on NextEra Energy in a report on Thursday, September 19th. They issued a “hold” rating and a $87.00 target price for the company. Morgan Stanley raised their target price on NextEra Energy from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Wednesday, September 25th. BMO Capital Markets raised their target price on NextEra Energy from $83.00 to $91.00 and gave the company an “outperform” rating in a report on Friday, October 18th. Finally, Barclays raised their price target on NextEra Energy from $76.00 to $80.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $85.46.

Insider Buying and Selling

In related news, EVP Nicole J. Daggs sold 658 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $76.97, for a total transaction of $50,646.26. Following the transaction, the executive vice president now directly owns 100 shares of the company’s stock, valued at approximately $7,697. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.18% of the stock is currently owned by corporate insiders.

About NextEra Energy

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.