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NYSE:NEP

NextEra Energy Partners (NEP) Stock Price, News & Analysis

$25.71
+0.39 (+1.54%)
(As of 02:53 PM ET)
Today's Range
$25.25
$25.73
50-Day Range
$23.85
$28.64
52-Week Range
$20.17
$51.04
Volume
485,704 shs
Average Volume
1.42 million shs
Market Capitalization
$2.40 billion
P/E Ratio
8.43
Dividend Yield
14.08%
Price Target
$33.00

NextEra Energy Partners MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
30.4% Upside
$33.00 Price Target
Short Interest
Bearish
5.01% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.00mentions of NextEra Energy Partners in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-39.08%
From $1.74 to $1.06 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.03 out of 5 stars

Oils/Energy Sector

75th out of 239 stocks

Electric Services Industry

11th out of 46 stocks

NEP stock logo

About NextEra Energy Partners Stock (NYSE:NEP)

NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects. The company owns contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is based in Juno Beach, Florida.

NEP Stock Price History

NEP Stock News Headlines

NEP Sep 2024 32.000 put
Nvidia is Pivoting to Solve Big Tech’s $1 Trillion Problem
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Brokerages Set NextEra Energy Partners, LP (NYSE:NEP) PT at $33.00
Nvidia is Pivoting to Solve Big Tech’s $1 Trillion Problem
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
NEP Aug 2024 24.000 call
NEP Aug 2024 24.500 put
NEP Sep 2024 23.000 put
NEE Aug 2024 83.000 put (NEE240823P00083000)
NEP Aug 2024 31.000 put (NEP240823P00031000)
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 8/14 Dividend
8/06/2024
Dividend Payable
8/14/2024
Today
9/16/2024
Next Earnings (Estimated)
10/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Utilities
Fax
N/A
Employees
N/A
Year Founded
2014

Price Target and Rating

Average Stock Price Target
$33.00
High Stock Price Target
$58.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+30.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
17 Analysts

Profitability

Net Income
$200 million
Pretax Margin
-0.82%

Debt

Sales & Book Value

Annual Sales
$1.08 billion
Cash Flow
$4.13 per share
Book Value
$150.50 per share

Miscellaneous

Free Float
93,408,000
Market Cap
$2.37 billion
Optionable
Optionable
Beta
1.05
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Key Executives

  • Mr. John W. Ketchum (Age 53)
    Chairman & CEO
  • Ms. Rebecca J. Kujawa (Age 48)
    President & Director
  • Mr. Brian W. Bolster
    CFO & Director
  • Mr. James Michael May (Age 47)
    Controller & Chief Accounting Officer
  • Mr. Charles E. Sieving (Age 51)
    General Counsel
  • Mr. Mark E. Hickson (Age 56)
    Executive VP of Strategy & Corporate Development and Director
  • Mr. William Scott Seeley
    Corporate Secretary
  • Mr. Michael H. Dunne (Age 48)
    Treasurer & Assistant Secretary

NEP Stock Analysis - Frequently Asked Questions

How have NEP shares performed this year?

NextEra Energy Partners' stock was trading at $30.41 on January 1st, 2024. Since then, NEP shares have decreased by 16.8% and is now trading at $25.30.
View the best growth stocks for 2024 here
.

How were NextEra Energy Partners' earnings last quarter?

NextEra Energy Partners, LP (NYSE:NEP) released its quarterly earnings results on Wednesday, July, 24th. The solar energy provider reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.07. The company's revenue was up 22.9% compared to the same quarter last year.

Who are NextEra Energy Partners' major shareholders?

Top institutional shareholders of NextEra Energy Partners include ClearBridge Investments Ltd (4.31%), M&G Plc (2.74%), Tortoise Capital Advisors L.L.C. (2.07%) and 1832 Asset Management L.P. (1.94%).
View institutional ownership trends
.

How do I buy shares of NextEra Energy Partners?

Shares of NEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of NextEra Energy Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NextEra Energy Partners investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Hawkins (HWKN) and Athabasca Oil (ATH).

This page (NYSE:NEP) was last updated on 9/16/2024 by MarketBeat.com Staff

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