Seaport Res Ptn Weighs in on NextEra Energy FY2025 Earnings

NextEra Energy, Inc. (NYSE:NEEFree 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:NEEGet 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%.

NEE has been the subject of a number of other research reports. BMO Capital Markets boosted their target price on shares of NextEra Energy from $82.00 to $84.00 in a research report on Monday, January 27th. Jefferies Financial Group lowered their target price on shares of NextEra Energy from $81.00 to $77.00 in a research note on Monday, January 27th. JPMorgan Chase & Co. lowered their target price on shares of NextEra Energy from $99.00 to $90.00 in a research note on Monday, January 27th. Morgan Stanley upped their target price on shares of NextEra Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Finally, Evercore ISI lowered their target price on shares of NextEra Energy from $84.00 to $79.00 and set an “in-line” rating on the stock in a research note on Monday, January 27th. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $85.85.

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

(Get Free Report)

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.

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Earnings History and Estimates for NextEra Energy (NYSE:NEE)

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