NextEra Energy (NYSE:NEE) Updates FY25 Earnings Guidance

NextEra Energy (NYSE:NEE - Get Free Report) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $3.45-3.70 for the period, compared to the consensus EPS estimate of $3.67. NextEra Energy also updated its FY26 guidance to $3.63-4.00 EPS.

NextEra Energy Stock Performance

NextEra Energy stock traded down $0.24 during midday trading on Friday, reaching $70.92. 15,780,329 shares of the stock traded hands, compared to its average volume of 10,154,760. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 1.20. The firm has a fifty day moving average price of $70.62 and a two-hundred day moving average price of $75.56. The firm has a market cap of $145.87 billion, a price-to-earnings ratio of 21.04, a PEG ratio of 2.45 and a beta of 0.58. NextEra Energy has a fifty-two week low of $61.30 and a fifty-two week high of $86.10.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share for the quarter, hitting analysts' consensus estimates of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. On average, equities research analysts forecast that NextEra Energy will post 3.68 earnings per share for the current year.

NextEra Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were paid a $0.5665 dividend. This is a positive change from NextEra Energy's previous quarterly dividend of $0.52. This represents a $2.27 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date was Friday, February 28th. NextEra Energy's dividend payout ratio is currently 67.06%.

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Analysts Set New Price Targets

Several analysts recently commented on the stock. Scotiabank increased their target price on shares of NextEra Energy from $92.00 to $96.00 and gave the company a "sector outperform" rating in a research note on Thursday, December 12th. BMO Capital Markets boosted their price target on shares of NextEra Energy from $82.00 to $84.00 in a report on Monday, January 27th. JPMorgan Chase & Co. upped their price objective on shares of NextEra Energy from $90.00 to $91.00 and gave the company an "overweight" rating in a research note on Tuesday, March 11th. Jefferies Financial Group dropped their price objective on shares of NextEra Energy from $81.00 to $77.00 in a research note on Monday, January 27th. Finally, Morgan Stanley boosted their target price on shares of NextEra Energy from $95.00 to $97.00 and gave the stock an "overweight" rating in a research report on Thursday. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $85.92.

Insider Activity

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

Hedge Funds Weigh In On NextEra Energy

An institutional investor recently raised its position in NextEra Energy stock. Revolve Wealth Partners LLC boosted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 6.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,854 shares of the utilities provider's stock after acquiring an additional 298 shares during the quarter. Revolve Wealth Partners LLC's holdings in NextEra Energy were worth $348,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 78.72% of the company's stock.

NextEra Energy Company Profile

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.