NextEra Energy (NEE) Receiving Somewhat Positive News Coverage, AlphaOne Reports

Headlines about NextEra Energy (NYSE:NEE) have been trending somewhat positive this week, AlphaOne Sentiment Analysis reports. The research firm, a subsidiary of Accern, identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. NextEra Energy earned a media sentiment score of 0.17 on AlphaOne’s scale. AlphaOne also gave media coverage about the utilities provider an impact score of 61 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the company’s share price in the near future.

These are some of the media stories that may have effected AlphaOne Sentiment Analysis’s scoring:

Insider Buying and Selling by Quarter for NextEra Energy (NYSE:NEE)

NEE has been the topic of a number of research reports. Deutsche Bank AG reissued a “hold” rating and set a $128.00 price objective (down from $129.00) on shares of NextEra Energy in a report on Sunday, April 2nd. Zacks Investment Research cut NextEra Energy from a “buy” rating to a “hold” rating in a research note on Monday, April 3rd. Barclays PLC reaffirmed a “buy” rating and issued a $139.00 price target on shares of NextEra Energy in a research note on Sunday, February 19th. Mizuho lifted their price target on NextEra Energy from $138.00 to $141.00 and gave the stock a “buy” rating in a research note on Monday, March 20th. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $135.00 price target on shares of NextEra Energy in a research note on Friday, March 31st. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $142.11.

Shares of NextEra Energy (NYSE NEE) traded up 0.68% during midday trading on Friday, hitting $142.84. The stock had a trading volume of 2,602,217 shares. The company has a market cap of $66.87 billion, a PE ratio of 17.38 and a beta of 0.33. The company’s 50 day moving average is $138.21 and its 200 day moving average is $128.21. NextEra Energy has a 52-week low of $110.49 and a 52-week high of $143.17.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, April 21st. The utilities provider reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.24. NextEra Energy had a return on equity of 11.82% and a net margin of 23.58%. The firm had revenue of $3.97 billion for the quarter, compared to the consensus estimate of $3.99 billion. During the same period in the prior year, the business posted $1.55 earnings per share. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. On average, analysts anticipate that NextEra Energy will post $6.68 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Tuesday, May 30th were issued a $0.9825 dividend. The ex-dividend date of this dividend was Thursday, May 25th. This represents a $3.93 annualized dividend and a dividend yield of 2.75%. NextEra Energy’s payout ratio is 47.87%.

In other news, EVP Joseph T. Kelliher sold 8,068 shares of the stock in a transaction that occurred on Monday, April 17th. The stock was sold at an average price of $130.67, for a total value of $1,054,245.56. Following the sale, the executive vice president now directly owns 38,634 shares in the company, valued at $5,048,304.78. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Armando Pimentel, Jr. sold 5,680 shares of the stock in a transaction that occurred on Thursday, May 4th. The stock was sold at an average price of $133.11, for a total value of $756,064.80. Following the completion of the sale, the chief executive officer now owns 79,586 shares in the company, valued at $10,593,692.46. The disclosure for this sale can be found here. Over the last quarter, insiders sold 74,179 shares of company stock worth $10,091,188. Company insiders own 0.53% of the company’s stock.

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NextEra Energy Company Profile

NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power companies in North America and, through its subsidiary NextEra Energy Resources, LLC (NEER) and its affiliated entities, is the generator of renewable energy from the wind and sun. NEE also owns and/or operates generation, transmission and distribution facilities to support its services to retail and wholesale customers, and has investments in gas infrastructure assets.

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