NextEra Energy (NEE) Competitors

$76.09
-0.32 (-0.42%)
(As of 05/17/2024 ET)

NEE vs. SO, AEP, D, DUK, NGG, PCG, SRE, EXC, EIX, and ETR

Should you be buying NextEra Energy stock or one of its competitors? The main competitors of NextEra Energy include Southern (SO), American Electric Power (AEP), Dominion Energy (D), Duke Energy (DUK), National Grid (NGG), PG&E (PCG), Sempra (SRE), Exelon (EXC), Edison International (EIX), and Entergy (ETR). These companies are all part of the "utilities" sector.

NextEra Energy vs.

NextEra Energy (NYSE:NEE) and Southern (NYSE:SO) are both large-cap utilities companies, but which is the superior stock? We will contrast the two businesses based on the strength of their media sentiment, profitability, institutional ownership, earnings, risk, community ranking, valuation, analyst recommendations and dividends.

NextEra Energy has a beta of 0.5, suggesting that its share price is 50% less volatile than the S&P 500. Comparatively, Southern has a beta of 0.48, suggesting that its share price is 52% less volatile than the S&P 500.

NextEra Energy received 230 more outperform votes than Southern when rated by MarketBeat users. Likewise, 72.26% of users gave NextEra Energy an outperform vote while only 50.05% of users gave Southern an outperform vote.

CompanyUnderperformOutperform
NextEra EnergyOutperform Votes
758
72.26%
Underperform Votes
291
27.74%
SouthernOutperform Votes
528
50.05%
Underperform Votes
527
49.95%

NextEra Energy has a net margin of 27.62% compared to Southern's net margin of 16.74%. Southern's return on equity of 12.07% beat NextEra Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
NextEra Energy27.62% 11.72% 3.81%
Southern 16.74%12.07%3.06%

NextEra Energy has higher revenue and earnings than Southern. Southern is trading at a lower price-to-earnings ratio than NextEra Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NextEra Energy$27.13B5.76$7.31B$3.6720.73
Southern$25.25B3.45$3.98B$3.8720.55

In the previous week, Southern had 3 more articles in the media than NextEra Energy. MarketBeat recorded 26 mentions for Southern and 23 mentions for NextEra Energy. NextEra Energy's average media sentiment score of 1.06 beat Southern's score of 0.94 indicating that NextEra Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NextEra Energy
13 Very Positive mention(s)
6 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Southern
11 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

78.7% of NextEra Energy shares are held by institutional investors. Comparatively, 64.1% of Southern shares are held by institutional investors. 0.2% of NextEra Energy shares are held by insiders. Comparatively, 0.2% of Southern shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

NextEra Energy pays an annual dividend of $2.06 per share and has a dividend yield of 2.7%. Southern pays an annual dividend of $2.80 per share and has a dividend yield of 3.5%. NextEra Energy pays out 56.1% of its earnings in the form of a dividend. Southern pays out 72.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

NextEra Energy presently has a consensus target price of $72.64, suggesting a potential downside of 4.53%. Southern has a consensus target price of $75.73, suggesting a potential downside of 4.79%. Given NextEra Energy's stronger consensus rating and higher possible upside, analysts plainly believe NextEra Energy is more favorable than Southern.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextEra Energy
1 Sell rating(s)
3 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.67
Southern
1 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.57

Summary

NextEra Energy beats Southern on 15 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NEE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NEE vs. The Competition

MetricNextEra EnergyElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$156.33B$13.40B$12.22B$18.11B
Dividend Yield2.70%4.59%4.05%3.44%
P/E Ratio20.7314.6084.9023.08
Price / Sales5.7629.4528.7411.36
Price / Cash12.458.4418.1119.45
Price / Book2.651.611.886.01
Net Income$7.31B$664.86M$593.37M$966.65M
7 Day Performance3.12%1.22%1.31%1.85%
1 Month Performance18.89%10.40%6.95%7.14%
1 Year Performance1.32%9.07%3.70%21.67%

NextEra Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SO
Southern
4.7675 of 5 stars
$77.63
+0.9%
$74.71
-3.8%
+12.2%$84.98B$25.42B20.0628,100Analyst Forecast
Options Volume
Analyst Revision
News Coverage
AEP
American Electric Power
4.3295 of 5 stars
$90.58
+0.8%
$88.14
-2.7%
+6.4%$47.75B$19B16.8117,250Analyst Forecast
Short Interest ↑
D
Dominion Energy
4.5042 of 5 stars
$52.15
+0.1%
$50.73
-2.7%
+0.5%$43.68B$14.39B26.8817,700Short Interest ↑
DUK
Duke Energy
4.4169 of 5 stars
$102.39
+0.1%
$100.62
-1.7%
+11.7%$78.99B$29.06B28.8427,037Insider Selling
Options Volume
NGG
National Grid
0.4449 of 5 stars
$69.84
+0.3%
N/A+0.5%$51.96B$26.31B0.0031,275
PCG
PG&E
2.4127 of 5 stars
$17.84
+0.6%
$19.11
+7.1%
+10.7%$51.37B$24.08B15.9328,010Dividend Announcement
Analyst Forecast
Analyst Revision
SRE
Sempra
4.7202 of 5 stars
$75.23
+1.7%
$82.14
+9.2%
+6.4%$47.56B$16.72B15.7116,835Dividend Announcement
Analyst Forecast
Insider Buying
EXC
Exelon
2.3185 of 5 stars
$37.82
-0.2%
$38.83
+2.7%
-1.7%$37.82B$21.73B16.3019,962Positive News
EIX
Edison International
4.9331 of 5 stars
$73.85
-0.1%
$72.78
-1.5%
+9.4%$28.41B$16.45B32.3914,375Analyst Upgrade
Insider Selling
Short Interest ↓
News Coverage
ETR
Entergy
4.8457 of 5 stars
$110.83
+0.2%
$109.45
-1.2%
+10.7%$23.67B$12.15B11.1212,177Short Interest ↓
Analyst Revision
News Coverage

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This page (NYSE:NEE) was last updated on 5/18/2024 by MarketBeat.com Staff

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