NextEra Energy (NYSE:NEE – Get Free Report) issued an update on its FY26 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $3.63-4.00 for the period, compared to the consensus estimate of $4.00. NextEra Energy also updated its FY25 guidance to $3.45-3.70 EPS.
NextEra Energy Trading Down 1.9 %
Shares of NEE stock opened at $72.15 on Tuesday. The stock has a market capitalization of $148.41 billion, a PE ratio of 21.41, a P/E/G ratio of 2.45 and a beta of 0.58. NextEra Energy has a 1-year low of $59.44 and a 1-year high of $86.10. The business has a 50-day moving average of $70.54 and a 200 day moving average of $75.77. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38.
NextEra Energy (NYSE:NEE – Get Free Report) last issued its earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share for the quarter, meeting the consensus estimate of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. As a group, sell-side analysts anticipate that NextEra Energy will post 3.68 earnings per share for the current year.
NextEra Energy Increases Dividend
Wall Street Analysts Forecast Growth
NEE has been the subject of several research analyst reports. Scotiabank increased their price objective on NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a report on Thursday, December 12th. JPMorgan Chase & Co. increased their price objective on NextEra Energy from $90.00 to $91.00 and gave the stock an “overweight” rating in a report on Tuesday, March 11th. Jefferies Financial Group dropped their price objective on NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. Morgan Stanley increased their price objective on NextEra Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Finally, Evercore ISI lowered their target price on NextEra Energy from $84.00 to $79.00 and set an “in-line” rating for the company in a research note on Monday, January 27th. Eight equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $85.92.
Get Our Latest Report on NextEra Energy
Insider Activity at NextEra Energy
In related news, CAO James Michael May sold 2,383 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total transaction of $162,258.47. Following the completion of the transaction, the chief accounting officer now owns 27,427 shares of the company’s stock, valued at $1,867,504.43. This trade represents a 7.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.18% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in NextEra Energy stock. Brighton Jones LLC raised its stake in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 7.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,282 shares of the utilities provider’s stock after purchasing an additional 1,840 shares during the quarter. Brighton Jones LLC’s holdings in NextEra Energy were worth $2,028,000 at the end of the most recent quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.
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.
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