NextEra Energy (NYSE:NEE) Issues FY26 Earnings Guidance

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

Wall Street Analyst Weigh In

NEE has been the topic of a number of research reports. Guggenheim reiterated a "buy" rating and set a $89.00 target price on shares of NextEra Energy in a research report on Thursday. Morgan Stanley boosted their target price on shares of NextEra Energy from $95.00 to $97.00 and gave the company an "overweight" rating in a research report on Thursday. Evercore ISI dropped 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 report on Monday, January 27th. Jefferies Financial Group dropped their target price on shares of NextEra Energy from $81.00 to $77.00 in a research report on Monday, January 27th. Finally, JPMorgan Chase & Co. boosted their target price on shares of NextEra Energy from $90.00 to $91.00 and gave the company an "overweight" rating in a research report on Tuesday, March 11th. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, NextEra Energy presently has an average rating of "Hold" and an average target price of $85.92.

NextEra Energy Price Performance

NEE traded down $0.24 on Friday, reaching $70.92. The company had a trading volume of 15,780,329 shares, compared to its average volume of 10,154,760. The business has a 50 day simple moving average of $70.62 and a 200 day simple moving average of $75.56. The company has a market cap of $145.87 billion, a price-to-earnings ratio of 21.04, a P/E/G ratio of 2.45 and a beta of 0.58. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.38 and a current ratio of 0.47. NextEra Energy has a 52-week low of $61.30 and a 52-week high of $86.10.

Remove Ads

NextEra Energy (NYSE:NEE - Get Free Report) last issued its earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. As a group, sell-side analysts anticipate that NextEra Energy will post 3.68 EPS for the current year.

NextEra Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were paid a dividend of $0.5665 per share. This is an increase 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 payout ratio is currently 67.06%.

Insider Activity at NextEra Energy

In other news, CAO James Michael May sold 2,383 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The stock was 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 $1,867,504.43. This represents a 7.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.18% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On NextEra Energy

A hedge fund recently raised its stake in NextEra Energy stock. Revolve Wealth Partners LLC raised its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 6.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,854 shares of the utilities provider's stock after buying 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 reporting period. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

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.