NextEra Energy, Inc. (NYSE:NEE – Free Report) – Investment analysts at Seaport Res Ptn upped their FY2025 earnings per share estimates for shares of NextEra Energy in a research note issued to investors on Sunday, February 23rd. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will earn $3.69 per share for the year, up from their previous estimate of $3.68. The consensus estimate for NextEra Energy’s current full-year earnings is $3.68 per share. Seaport Res Ptn also issued estimates for NextEra Energy’s FY2026 earnings at $4.00 EPS.
NextEra Energy (NYSE:NEE – Get Free Report) last released its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%.
Read Our Latest Analysis on NextEra Energy
NextEra Energy Trading Up 0.7 %
Shares of NYSE:NEE opened at $71.28 on Tuesday. The firm has a fifty day moving average of $70.46 and a two-hundred day moving average of $76.46. The firm has a market capitalization of $146.62 billion, a P/E ratio of 21.15, a price-to-earnings-growth ratio of 2.45 and a beta of 0.58. NextEra Energy has a 12-month low of $53.95 and a 12-month high of $86.10. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 1.20.
NextEra Energy Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be given a $0.5665 dividend. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.52. This represents a $2.27 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date is Friday, February 28th. NextEra Energy’s dividend payout ratio (DPR) is 67.06%.
Insider Activity
In other NextEra Energy news, CAO James Michael May sold 2,383 shares of NextEra Energy stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total transaction of $162,258.47. Following 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 legal filing with the SEC, which can be accessed through this hyperlink. 0.18% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the company. Howard Capital Management Group LLC boosted its stake in NextEra Energy by 1.8% in the 3rd quarter. Howard Capital Management Group LLC now owns 299,215 shares of the utilities provider’s stock worth $25,293,000 after purchasing an additional 5,409 shares in the last quarter. Boston Trust Walden Corp increased its position in shares of NextEra Energy by 0.4% during the 3rd quarter. Boston Trust Walden Corp now owns 30,720 shares of the utilities provider’s stock valued at $2,597,000 after purchasing an additional 130 shares during the last quarter. GHP Investment Advisors Inc. grew its stake in shares of NextEra Energy by 60.6% during the 3rd quarter. GHP Investment Advisors Inc. now owns 1,102 shares of the utilities provider’s stock valued at $93,000 after acquiring an additional 416 shares during the period. Modera Wealth Management LLC grew its stake in shares of NextEra Energy by 1.1% during the 3rd quarter. Modera Wealth Management LLC now owns 39,721 shares of the utilities provider’s stock valued at $3,358,000 after acquiring an additional 449 shares during the period. Finally, First American Bank grew its stake in shares of NextEra Energy by 16.4% during the 3rd quarter. First American Bank now owns 5,777 shares of the utilities provider’s stock valued at $488,000 after acquiring an additional 812 shares during the period. 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.
Read More
- Five stocks we like better than NextEra Energy
- What Do S&P 500 Stocks Tell Investors About the Market?
- Nebius Slides Post-Earnings: A Long-Term Buy Opportunity?
- 3 Ways To Invest In Coffee, Other Than Drinking It
- NVIDIA Stock: A Market Barometer in Tech’s Turbulent Times
- Where to Find Earnings Call Transcripts
- Palantir Stock Nears Bear Market Territory – Why and What’s Next?
Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.