Nextera Energy Partners (NYSE:NEP – Get Free Report) is one of 107 public companies in the “Electric services” industry, but how does it weigh in compared to its rivals? We will compare Nextera Energy Partners to similar companies based on the strength of its institutional ownership, profitability, risk, valuation, analyst recommendations, dividends and earnings.
Profitability
This table compares Nextera Energy Partners and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Nextera Energy Partners | -0.73% | 1.34% | 0.85% |
Nextera Energy Partners Competitors | 3.48% | 7.40% | 1.46% |
Valuation and Earnings
This table compares Nextera Energy Partners and its rivals top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Nextera Energy Partners | $1.23 billion | -$10.00 million | N/A |
Nextera Energy Partners Competitors | $9.16 billion | $578.41 million | 3.80 |
Insider & Institutional Ownership
66.0% of Nextera Energy Partners shares are owned by institutional investors. Comparatively, 59.0% of shares of all “Electric services” companies are owned by institutional investors. 0.1% of Nextera Energy Partners shares are owned by insiders. Comparatively, 7.2% of shares of all “Electric services” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Dividends
Nextera Energy Partners pays an annual dividend of $3.67 per share. Nextera Energy Partners pays out -3,670.0% of its earnings in the form of a dividend. As a group, “Electric services” companies pay a dividend yield of 3.3% and pay out 73.3% of their earnings in the form of a dividend.
Analyst Recommendations
This is a summary of current ratings for Nextera Energy Partners and its rivals, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Nextera Energy Partners | 2 | 0 | 0 | 0 | 1.00 |
Nextera Energy Partners Competitors | 1128 | 4871 | 4702 | 96 | 2.35 |
Nextera Energy Partners currently has a consensus price target of $10.00, suggesting a potential upside of 0.00%. As a group, “Electric services” companies have a potential upside of 6.05%. Given Nextera Energy Partners’ rivals stronger consensus rating and higher possible upside, analysts plainly believe Nextera Energy Partners has less favorable growth aspects than its rivals.
Risk & Volatility
Nextera Energy Partners has a beta of 1.03, indicating that its share price is 3% more volatile than the S&P 500. Comparatively, Nextera Energy Partners’ rivals have a beta of -0.89, indicating that their average share price is 189% less volatile than the S&P 500.
Summary
Nextera Energy Partners rivals beat Nextera Energy Partners on 12 of the 15 factors compared.
Nextera Energy Partners Company Profile
NextEra Energy Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.
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