FY2026 Earnings Estimate for NEP Issued By Scotiabank

NextEra Energy Partners, LP (NYSE:NEP) – Research analysts at Scotiabank issued their FY2026 earnings estimates for shares of NextEra Energy Partners in a research report issued on Wednesday, January 8th. Scotiabank analyst A. Weisel anticipates that the solar energy provider will earn $3.03 per share for the year. Scotiabank has a “Sector Perform” rating and a $15.00 price objective on the stock. The consensus estimate for NextEra Energy Partners’ current full-year earnings is $1.96 per share.

NextEra Energy Partners (NYSE:NEP) last announced its earnings results on Wednesday, October 23rd. The solar energy provider reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.94). NextEra Energy Partners had a negative return on equity of 1.07% and a net margin of 17.47%. The firm had revenue of $319.00 million for the quarter, compared to the consensus estimate of $332.25 million. During the same quarter last year, the business posted $0.57 EPS. NextEra Energy Partners’s revenue for the quarter was up 3.6% on a year-over-year basis.

Other research analysts have also recently issued reports about the stock. BNP Paribas assumed coverage on shares of NextEra Energy Partners in a report on Tuesday, October 1st. They set an “underperform” rating and a $15.00 target price on the stock. Morgan Stanley upgraded NextEra Energy Partners from an “equal weight” rating to an “overweight” rating and set a $22.00 price objective on the stock in a research note on Monday, December 2nd. Evercore ISI cut their target price on NextEra Energy Partners from $32.00 to $30.00 and set an “outperform” rating for the company in a research report on Thursday, October 24th. JPMorgan Chase & Co. upgraded NextEra Energy Partners from an “underweight” rating to a “neutral” rating and decreased their price target for the stock from $25.00 to $22.00 in a research report on Thursday, October 24th. Finally, CIBC dropped their price target on NextEra Energy Partners from $26.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $25.21.

NextEra Energy Partners Stock Down 3.1 %

NEP opened at $18.29 on Friday. NextEra Energy Partners has a fifty-two week low of $15.55 and a fifty-two week high of $35.15. The company has a market capitalization of $1.71 billion, a P/E ratio of 8.39 and a beta of 1.06. The stock has a fifty day moving average of $17.78 and a 200-day moving average of $22.91. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.78 and a current ratio of 2.02.

NextEra Energy Partners Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Wednesday, November 6th were given a dividend of $0.9175 per share. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $3.67 dividend on an annualized basis and a yield of 20.07%. This is a boost from NextEra Energy Partners’s previous quarterly dividend of $0.91. NextEra Energy Partners’s dividend payout ratio is 168.35%.

Institutional Investors Weigh In On NextEra Energy Partners

Several large investors have recently added to or reduced their stakes in the business. Central Pacific Bank Trust Division boosted its holdings in NextEra Energy Partners by 153.1% in the fourth quarter. Central Pacific Bank Trust Division now owns 6,200 shares of the solar energy provider’s stock worth $110,000 after acquiring an additional 3,750 shares in the last quarter. Franklin Resources Inc. grew its position in NextEra Energy Partners by 89.4% in the 3rd quarter. Franklin Resources Inc. now owns 78,930 shares of the solar energy provider’s stock valued at $2,049,000 after purchasing an additional 37,265 shares during the period. Castellan Group increased its stake in NextEra Energy Partners by 18.6% during the 3rd quarter. Castellan Group now owns 125,827 shares of the solar energy provider’s stock valued at $3,475,000 after purchasing an additional 19,743 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in NextEra Energy Partners by 11.0% during the third quarter. Sanctuary Advisors LLC now owns 24,540 shares of the solar energy provider’s stock worth $678,000 after buying an additional 2,437 shares during the last quarter. Finally, Barclays PLC raised its holdings in NextEra Energy Partners by 41.1% during the third quarter. Barclays PLC now owns 21,315 shares of the solar energy provider’s stock worth $589,000 after buying an additional 6,205 shares during the last quarter. Institutional investors and hedge funds own 66.01% of the company’s stock.

NextEra Energy Partners Company Profile

NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects. The company owns contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is based in Juno Beach, Florida.