NextEra Energy (NYSE:NEE – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 3.620-3.700 for the period, compared to the consensus estimate of 3.680. The company issued revenue guidance of -. NextEra Energy also updated its FY 2026 guidance to 3.920-4.020 EPS.
Analysts Set New Price Targets
NEE has been the topic of a number of research analyst reports. TD Cowen initiated coverage on shares of NextEra Energy in a research note on Thursday, October 16th. They issued a “buy” rating and a $98.00 price target on the stock. Wolfe Research increased their price objective on shares of NextEra Energy from $87.00 to $94.00 and gave the company an “outperform” rating in a report on Monday, December 1st. Melius assumed coverage on shares of NextEra Energy in a research note on Wednesday, August 20th. They set a “buy” rating and a $77.00 target price for the company. Evercore ISI reaffirmed an “outperform” rating and issued a $93.00 price target on shares of NextEra Energy in a research note on Tuesday, October 28th. Finally, New Street Research set a $84.00 price objective on NextEra Energy in a report on Monday, October 13th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $91.72.
NextEra Energy Trading Down 0.4%
NextEra Energy (NYSE:NEE – Get Free Report) last announced its quarterly earnings data on Tuesday, October 28th. The utilities provider reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.09. NextEra Energy had a return on equity of 12.42% and a net margin of 24.72%.The firm had revenue of $7.97 billion for the quarter, compared to the consensus estimate of $8.13 billion. During the same quarter last year, the business posted $1.03 earnings per share. The firm’s revenue was up 5.3% compared to the same quarter last year. Analysts predict that NextEra Energy will post 3.68 EPS for the current fiscal year.
NextEra Energy Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 21st were paid a dividend of $0.5665 per share. The ex-dividend date of this dividend was Friday, November 21st. This represents a $2.27 dividend on an annualized basis and a yield of 2.8%. NextEra Energy’s payout ratio is 72.29%.
Insider Buying and Selling at NextEra Energy
In other news, EVP Charles E. Sieving sold 11,336 shares of the stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $80.00, for a total value of $906,880.00. Following the completion of the sale, the executive vice president owned 167,481 shares of the company’s stock, valued at $13,398,480. This represents a 6.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Mark Lemasney sold 846 shares of NextEra Energy stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $74.90, for a total transaction of $63,365.40. Following the sale, the executive vice president directly owned 9,267 shares in the company, valued at approximately $694,098.30. The trade was a 8.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 157,322 shares of company stock worth $13,148,943 in the last ninety days. 0.18% of the stock is owned by insiders.
Institutional Trading of NextEra Energy
Hedge funds and other institutional investors have recently modified their holdings of the business. Strive Asset Management LLC purchased a new stake in NextEra Energy in the 3rd quarter valued at about $29,000. Wiser Advisor Group LLC purchased a new position in NextEra Energy during the third quarter worth about $66,000. Darwin Wealth Management LLC acquired a new stake in shares of NextEra Energy during the second quarter valued at about $68,000. WFA of San Diego LLC purchased a new stake in shares of NextEra Energy in the 2nd quarter valued at approximately $96,000. Finally, Triumph Capital Management acquired a new position in shares of NextEra Energy in the 3rd quarter worth approximately $111,000. 78.72% of the stock is owned by institutional investors and hedge funds.
NextEra Energy Company Profile
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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