NextEra Energy (NYSE:NEE) Price Target Raised to $110.00

NextEra Energy (NYSE:NEEGet Free Report) had its price target upped by stock analysts at Scotiabank from $102.00 to $110.00 in a note issued to investors on Friday,MarketScreener reports. The firm presently has a “sector perform” rating on the utilities provider’s stock. Scotiabank’s price objective indicates a potential upside of 14.97% from the company’s previous close.

Several other equities research analysts have also commented on NEE. BMO Capital Markets lifted their price target on shares of NextEra Energy from $95.00 to $99.00 and gave the stock an “outperform” rating in a research note on Wednesday. Jefferies Financial Group lifted their price target on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research note on Tuesday. Wall Street Zen lowered shares of NextEra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Argus set a $92.00 price target on shares of NextEra Energy and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Finally, Mizuho lifted their price target on shares of NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, NextEra Energy has a consensus rating of “Moderate Buy” and an average target price of $97.05.

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NextEra Energy Stock Down 0.6%

Shares of NEE traded down $0.57 during midday trading on Friday, reaching $95.68. The stock had a trading volume of 1,267,233 shares, compared to its average volume of 9,512,216. The company’s fifty day simple moving average is $92.41 and its two-hundred day simple moving average is $86.72. NextEra Energy has a 1-year low of $63.88 and a 1-year high of $97.63. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.60 and a quick ratio of 0.49. The company has a market cap of $199.52 billion, a price-to-earnings ratio of 29.07, a PEG ratio of 2.64 and a beta of 0.74.

NextEra Energy (NYSE:NEEGet Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping the consensus estimate of $1.03 by $0.06. NextEra Energy had a net margin of 24.93% and a return on equity of 12.18%. The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same period last year, the business earned $0.99 EPS. NextEra Energy’s revenue for the quarter was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Equities research analysts expect that NextEra Energy will post 4.01 earnings per share for the current year.

Insider Buying and Selling

In other NextEra Energy news, Treasurer James Michael May sold 7,161 shares of NextEra Energy stock in a transaction on Monday, March 9th. The shares were sold at an average price of $90.27, for a total value of $646,423.47. Following the transaction, the treasurer directly owned 26,719 shares in the company, valued at approximately $2,411,924.13. The trade was a 21.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Charles E. Sieving sold 30,000 shares of NextEra Energy stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $90.00, for a total transaction of $2,700,000.00. Following the completion of the transaction, the executive vice president owned 167,481 shares in the company, valued at approximately $15,073,290. This represents a 15.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 179,990 shares of company stock valued at $16,155,409 in the last quarter. Corporate insiders own 0.18% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Tripletail Wealth Management LLC acquired a new position in NextEra Energy in the third quarter valued at $25,000. Laurel Wealth Advisors LLC purchased a new stake in shares of NextEra Energy in the fourth quarter valued at about $25,000. Anfield Capital Management LLC boosted its holdings in shares of NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 270 shares in the last quarter. Wealth Watch Advisors INC boosted its holdings in shares of NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 226 shares in the last quarter. Finally, Osbon Capital Management LLC purchased a new stake in shares of NextEra Energy in the fourth quarter valued at about $27,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting NextEra Energy

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NextEra Energy Company Profile

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NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.

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