Zacks Research Brokers Raise Earnings Estimates for NEP

NextEra Energy Partners, LP (NYSE:NEPFree Report) – Research analysts at Zacks Research boosted their Q2 2025 earnings estimates for NextEra Energy Partners in a note issued to investors on Wednesday, November 13th. Zacks Research analyst J. Saha now forecasts that the solar energy provider will post earnings of $0.34 per share for the quarter, up from their prior estimate of $0.27. The consensus estimate for NextEra Energy Partners’ current full-year earnings is $1.41 per share. Zacks Research also issued estimates for NextEra Energy Partners’ Q2 2026 earnings at $0.21 EPS.

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

A number of other equities research analysts have also weighed in on NEP. UBS Group dropped their price target on NextEra Energy Partners from $28.00 to $27.00 and set a “neutral” rating on the stock in a research note on Monday, September 30th. Evercore ISI decreased their price target on shares of NextEra Energy Partners from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. BNP Paribas started coverage on NextEra Energy Partners in a research report on Tuesday, October 1st. They issued an “underperform” rating and a $15.00 target price on the stock. Morgan Stanley cut NextEra Energy Partners from an “equal weight” rating to an “underweight” rating and lowered their price target for the stock from $31.00 to $20.00 in a research report on Wednesday, July 31st. Finally, BMO Capital Markets cut their price objective on NextEra Energy Partners from $28.00 to $26.00 and set an “outperform” rating on the stock in a report on Monday, October 21st. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat, NextEra Energy Partners has an average rating of “Hold” and a consensus target price of $26.69.

Read Our Latest Research Report on NextEra Energy Partners

NextEra Energy Partners Stock Down 3.2 %

Shares of NEP stock opened at $16.43 on Friday. The stock’s fifty day moving average price is $23.42 and its 200 day moving average price is $26.63. NextEra Energy Partners has a 1-year low of $15.55 and a 1-year high of $35.15. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 7.54 and a beta of 1.10. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.02 and a quick ratio of 1.78.

Hedge Funds Weigh In On NextEra Energy Partners

A number of large investors have recently bought and sold shares of NEP. M&G Plc purchased a new stake in shares of NextEra Energy Partners in the first quarter valued at approximately $83,069,000. Thrivent Financial for Lutherans purchased a new stake in NextEra Energy Partners in the 3rd quarter worth $16,186,000. Two Sigma Advisers LP acquired a new position in NextEra Energy Partners during the third quarter worth $15,310,000. M&G PLC lifted its holdings in NextEra Energy Partners by 19.3% during the third quarter. M&G PLC now owns 3,062,083 shares of the solar energy provider’s stock valued at $85,738,000 after purchasing an additional 496,383 shares in the last quarter. Finally, Swedbank AB acquired a new stake in shares of NextEra Energy Partners in the first quarter valued at about $9,927,000. Institutional investors and hedge funds own 66.01% of the company’s stock.

NextEra Energy Partners Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Wednesday, November 6th were issued a $0.9175 dividend. This is a boost from NextEra Energy Partners’s previous quarterly dividend of $0.91. The ex-dividend date was Wednesday, November 6th. This represents a $3.67 dividend on an annualized basis and a yield of 22.34%. NextEra Energy Partners’s payout ratio is presently 168.35%.

About NextEra Energy Partners

(Get Free Report)

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.

See Also

Earnings History and Estimates for NextEra Energy Partners (NYSE:NEP)

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