NextEra Energy (NYSE:NEE – Get Free Report) updated its FY26 earnings guidance on Tuesday. 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 Stock Performance
NYSE:NEE opened at $70.63 on Wednesday. NextEra Energy has a 1 year low of $60.26 and a 1 year high of $86.10. The firm has a 50 day moving average of $70.54 and a 200-day moving average of $75.70. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 1.20. The stock has a market capitalization of $145.28 billion, a P/E ratio of 20.96, a price-to-earnings-growth ratio of 2.45 and a beta of 0.58.
NextEra Energy (NYSE:NEE – Get Free Report) last posted its earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. As a group, sell-side analysts anticipate that NextEra Energy will post 3.68 EPS for the current fiscal year.
NextEra Energy Increases Dividend
Analyst Ratings Changes
A number of equities analysts have recently weighed in on NEE shares. Evercore ISI reduced their price target on shares of NextEra Energy from $84.00 to $79.00 and set an “in-line” rating on the stock in a research report on Monday, January 27th. BMO Capital Markets increased their target price on NextEra Energy from $82.00 to $84.00 in a report on Monday, January 27th. Morgan Stanley upped their price objective on NextEra Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Jefferies Financial Group cut their target price on NextEra Energy from $81.00 to $77.00 in a research note on Monday, January 27th. Finally, Scotiabank raised their price target on shares of NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a research note on Thursday, December 12th. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $85.92.
Check Out Our Latest Research Report on NEE
Insider Activity at NextEra Energy
In related news, CAO James Michael May sold 2,383 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total value of $162,258.47. Following the completion of the transaction, the chief accounting officer now directly owns 27,427 shares of the company’s stock, valued at approximately $1,867,504.43. This trade represents a 7.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.18% of the stock is owned by company insiders.
Institutional Investors Weigh In On NextEra Energy
An institutional investor recently raised its position in NextEra Energy stock. Brighton Jones LLC raised its holdings in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 7.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 reporting period. Institutional investors and hedge funds own 78.72% of the company’s stock.
NextEra Energy Company Profile
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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