NextEra Energy (NYSE:NEE) Shares Down 1.1% – What’s Next?

NextEra Energy, Inc. (NYSE:NEE) shares were down 1.1% on Thursday . The stock traded as low as $84.60 and last traded at $84.97. 10,431,824 shares were traded during mid-day trading, a decline of 1% from the average daily volume of 10,534,644 shares. The stock had previously closed at $85.91.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on NEE shares. Sanford C. Bernstein reissued an “outperform” rating and set a $108.00 price target on shares of NextEra Energy in a report on Monday, July 27th. JPMorgan Chase & Co. upped their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Barclays set a $91.00 price objective on shares of NextEra Energy and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. DA Davidson boosted their target price on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Mizuho set a $95.00 price target on NextEra Energy in a research report on Monday, July 27th. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $100.43.

NextEra Energy Trading Down 1.1%

The company’s 50-day moving average is $87.26 and its 200-day moving average is $89.94. The firm has a market cap of $177.23 billion, a price-to-earnings ratio of 19.09, a P/E/G ratio of 2.36 and a beta of 0.67. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter last year, the company posted $1.05 EPS. The company’s quarterly revenue was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, research analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be issued a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of NEE. Laurel Wealth Advisors LLC bought a new position in NextEra Energy in the fourth quarter valued at about $25,000. Anfield Capital Management LLC raised its holdings in NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares during the last quarter. Kilter Group LLC bought a new stake in NextEra Energy during the 2nd quarter worth about $25,000. Manning & Napier Advisors LLC acquired a new position in NextEra Energy during the 2nd quarter valued at about $26,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in NextEra Energy during the 2nd quarter valued at about $26,000. Institutional investors own 78.72% of the company’s stock.

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.