Equities Analysts Issue Forecasts for NEP FY2026 Earnings

NextEra Energy Partners, LP (NYSE:NEP) – Analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of NextEra Energy Partners in a research report issued on Wednesday, January 8th. Scotiabank analyst A. Weisel expects that the solar energy provider will earn $3.03 per share for the year. Scotiabank has a “Sector Perform” rating and a $15.00 price objective on the stock. The consensus estimate for NextEra Energy Partners’ current full-year earnings is $1.96 per share.

Several other analysts have also recently commented on NEP. UBS Group reduced their price target on NextEra Energy Partners from $28.00 to $27.00 and set a “neutral” rating for the company in a report on Monday, September 30th. Barclays reissued an “underweight” rating and issued a $25.00 price target on shares of NextEra Energy Partners in a report on Friday, October 4th. Jefferies Financial Group reduced their price target on NextEra Energy Partners from $28.00 to $27.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Guggenheim cut NextEra Energy Partners from a “buy” rating to a “neutral” rating and reduced their price target for the company from $37.00 to $22.00 in a report on Monday, October 28th. Finally, JPMorgan Chase & Co. raised NextEra Energy Partners from an “underweight” rating to a “neutral” rating and reduced their price target for the company from $25.00 to $22.00 in a report on Thursday, October 24th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, NextEra Energy Partners presently has an average rating of “Hold” and an average target price of $25.21.

NextEra Energy Partners Stock Down 0.8 %

NextEra Energy Partners stock opened at $18.11 on Friday. NextEra Energy Partners has a twelve month low of $15.55 and a twelve month high of $35.15. The stock has a 50 day moving average of $17.74 and a two-hundred day moving average of $22.76. The company has a current ratio of 2.02, a quick ratio of 1.78 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 8.31 and a beta of 1.06.

NextEra Energy Partners (NYSE:NEP) last released its quarterly earnings data 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). The business had revenue of $319.00 million during the quarter, compared to analysts’ expectations of $332.25 million. NextEra Energy Partners had a net margin of 17.47% and a negative return on equity of 1.07%. The company’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 EPS.

NextEra Energy Partners Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Wednesday, November 6th were issued a $0.9175 dividend. This is a positive change from NextEra Energy Partners’s previous quarterly dividend of $0.91. This represents a $3.67 annualized dividend and a yield of 20.27%. The ex-dividend date was Wednesday, November 6th. NextEra Energy Partners’s payout ratio is currently 168.35%.

Institutional Trading of NextEra Energy Partners

Several hedge funds and other institutional investors have recently bought and sold shares of NEP. Thrivent Financial for Lutherans bought a new stake in NextEra Energy Partners in the third quarter valued at about $16,186,000. Two Sigma Advisers LP bought a new stake in NextEra Energy Partners in the third quarter valued at about $15,310,000. M&G PLC increased its holdings in NextEra Energy Partners by 19.3% in 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 buying an additional 496,383 shares during the last quarter. Fred Alger Management LLC bought a new stake in NextEra Energy Partners in the second quarter valued at about $5,452,000. Finally, Redwood Grove Capital LLC increased its holdings in NextEra Energy Partners by 19.7% in the third quarter. Redwood Grove Capital LLC now owns 982,235 shares of the solar energy provider’s stock valued at $27,129,000 after buying an additional 161,436 shares during the last quarter. 66.01% of the stock is owned by institutional investors.

NextEra Energy Partners Company Profile

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.