FY2025 EPS Estimates for NextEra Energy Increased by Analyst

NextEra Energy, Inc. (NYSE:NEE - Free Report) - Seaport Res Ptn upped their FY2025 earnings per share estimates for shares of NextEra Energy in a research note issued to investors on Sunday, February 23rd. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will earn $3.69 per share for the year, up from their prior estimate of $3.68. The consensus estimate for NextEra Energy's current full-year earnings is $3.68 per share. Seaport Res Ptn also issued estimates for NextEra Energy's FY2026 earnings at $4.00 EPS.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share for the quarter, hitting the consensus estimate of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%.

Other analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. cut their target price on shares of NextEra Energy from $99.00 to $90.00 in a research note on Monday, January 27th. Scotiabank raised their target price on NextEra Energy from $92.00 to $96.00 and gave the company a "sector outperform" rating in a research report on Thursday, December 12th. BMO Capital Markets lifted their price target on NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. Morgan Stanley increased their price objective on NextEra Energy from $93.00 to $94.00 and gave the company an "overweight" rating in a research note on Thursday, January 23rd. Finally, Evercore ISI lowered their target price on shares of NextEra Energy from $84.00 to $79.00 and set an "in-line" rating on the stock in a research note on Monday, January 27th. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, NextEra Energy has an average rating of "Hold" and a consensus target price of $85.85.

NextEra Energy Stock Performance

NYSE:NEE opened at $70.72 on Tuesday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.38 and a current ratio of 0.47. The stock has a market capitalization of $145.48 billion, a PE ratio of 20.99, a P/E/G ratio of 2.45 and a beta of 0.58. NextEra Energy has a fifty-two week low of $53.95 and a fifty-two week high of $86.10. The company has a fifty day moving average of $70.48 and a two-hundred day moving average of $76.50.

NextEra Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be given a $0.5665 dividend. This represents a $2.27 annualized dividend and a yield of 3.20%. This is a positive change from NextEra Energy's previous quarterly dividend of $0.52. The ex-dividend date is Friday, February 28th. NextEra Energy's dividend payout ratio is presently 67.06%.

Insider Buying and Selling

In other NextEra Energy news, CAO James Michael May sold 2,383 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total transaction of $162,258.47. Following the completion of the transaction, the chief accounting officer now owns 27,427 shares of the company's stock, valued at $1,867,504.43. This trade represents a 7.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.18% of the company's stock.

Hedge Funds Weigh In On NextEra Energy

Several large investors have recently made changes to their positions in NEE. Howard Capital Management Group LLC increased its stake in NextEra Energy by 1.8% during the 3rd quarter. Howard Capital Management Group LLC now owns 299,215 shares of the utilities provider's stock worth $25,293,000 after buying an additional 5,409 shares during the period. Boston Trust Walden Corp boosted its holdings in NextEra Energy by 0.4% in the third quarter. Boston Trust Walden Corp now owns 30,720 shares of the utilities provider's stock valued at $2,597,000 after purchasing an additional 130 shares in the last quarter. GHP Investment Advisors Inc. grew its position in shares of NextEra Energy by 60.6% in the 3rd quarter. GHP Investment Advisors Inc. now owns 1,102 shares of the utilities provider's stock valued at $93,000 after buying an additional 416 shares during the last quarter. Modera Wealth Management LLC increased its position in NextEra Energy by 1.1% during the third quarter. Modera Wealth Management LLC now owns 39,721 shares of the utilities provider's stock worth $3,358,000 after buying an additional 449 shares during the period. Finally, First American Bank raised its holdings in shares of NextEra Energy by 16.4% in the third quarter. First American Bank now owns 5,777 shares of the utilities provider's stock valued at $488,000 after buying an additional 812 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

About NextEra Energy

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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