NextEra Energy (NYSE:NEE – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 3.920-4.020 for the period, compared to the consensus earnings per share estimate of 4.030. The company issued revenue guidance of -.
Analyst Ratings Changes
Several brokerages recently weighed in on NEE. Wells Fargo & Company set a $102.00 price objective on NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 24th. Wall Street Zen upgraded NextEra Energy from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Morgan Stanley reissued an “overweight” rating and set a $116.00 target price on shares of NextEra Energy in a research note on Wednesday. Mizuho increased their target price on shares of NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Finally, TD Cowen raised their price target on shares of NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, NextEra Energy currently has a consensus rating of “Moderate Buy” and an average price target of $99.23.
NextEra Energy Trading Up 0.6%
NextEra Energy (NYSE:NEE – Get Free Report) last issued its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.07. The firm had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities analysts predict that NextEra Energy will post 4.02 earnings per share for the current fiscal year.
NextEra Energy Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were given a dividend of $0.6232 per share. The ex-dividend date was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.8%. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.
Hedge Funds Weigh In On NextEra Energy
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Axxcess Wealth Management LLC grew its stake in shares of NextEra Energy by 8.8% in the fourth quarter. Axxcess Wealth Management LLC now owns 115,494 shares of the utilities provider’s stock worth $9,272,000 after acquiring an additional 9,340 shares during the period. Strive Financial Group LLC purchased a new position in shares of NextEra Energy in the 4th quarter worth $500,000. Blue Sparrow LLC DE purchased a new stake in NextEra Energy during the fourth quarter valued at approximately $2,023,000. Mercer Global Advisors Inc. ADV raised its holdings in NextEra Energy by 28.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 333,627 shares of the utilities provider’s stock valued at $26,784,000 after buying an additional 73,315 shares during the period. Finally, Summit Global Investments boosted its stake in shares of NextEra Energy by 135.7% during the 4th quarter. Summit Global Investments now owns 9,503 shares of the utilities provider’s stock worth $763,000 after purchasing an additional 5,472 shares during the period. 78.72% of the stock is owned by institutional investors.
About NextEra Energy
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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