NextEra Energy (NYSE:NEE) Releases FY25 Earnings Guidance

NextEra Energy (NYSE:NEE) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $3.45-3.70 for the period, compared to the consensus estimate of $3.67. NextEra Energy also updated its FY26 guidance to $3.63-4.00 EPS.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. BMO Capital Markets upped their price target on NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. JPMorgan Chase & Co. upped their price target on NextEra Energy from $90.00 to $91.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 11th. Morgan Stanley increased their target price on NextEra Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Jefferies Financial Group decreased their target price on NextEra Energy from $81.00 to $77.00 in a research note on Monday, January 27th. Finally, Evercore ISI decreased 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 analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, NextEra Energy presently has an average rating of “Hold” and an average price target of $85.92.

NextEra Energy Trading Down 1.9 %

NextEra Energy stock opened at $72.15 on Tuesday. The business has a 50 day moving average price of $70.54 and a two-hundred day moving average price of $75.77. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20. The stock has a market cap of $148.41 billion, a price-to-earnings ratio of 21.41, a price-to-earnings-growth ratio of 2.45 and a beta of 0.58. NextEra Energy has a 12 month low of $59.44 and a 12 month high of $86.10.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 EPS 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, equities analysts forecast that NextEra Energy will post 3.68 EPS for the current year.

NextEra Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Friday, February 28th were given a dividend of $0.5665 per share. This represents a $2.27 annualized dividend and a dividend yield of 3.14%. The ex-dividend date was Friday, February 28th. This is an increase from NextEra Energy’s previous quarterly dividend of $0.52. NextEra Energy’s dividend payout ratio (DPR) is 67.06%.

Insider Buying and Selling

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 in the company, 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 through the SEC website. 0.18% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On NextEra Energy

A hedge fund recently raised its stake in NextEra Energy stock. Brighton Jones LLC grew its position in NextEra Energy, Inc. (NYSE:NEE) by 7.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 28,282 shares of the utilities provider’s stock after buying an additional 1,840 shares during the period. Brighton Jones LLC’s holdings in NextEra Energy were worth $2,028,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 78.72% of the company’s stock.

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.