Lowest-Rated StocksLowest-RatedNYSE:NEP NextEra Energy Partners (NEP) Stock Price, News & Analysis $24.20 -0.59 (-2.38%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$24.14▼$25.0550-Day Range$23.85▼$28.6452-Week Range$20.17▼$51.28Volume897,300 shsAverage Volume1.44 million shsMarket Capitalization$2.26 billionP/E Ratio7.93Dividend Yield14.96%Price Target$33.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get NextEra Energy Partners alerts: Email Address NextEra Energy Partners MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside36.4% Upside$33.00 Price TargetShort InterestHealthy4.86% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.83Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth-39.08%From $1.74 to $1.06 Per ShareSee Full Details Hide Full Details 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.4.14 out of 5 starsOils/Energy Sector61st out of 239 stocksElectric Services Industry13th out of 46 stocks 4.0 Analyst's Opinion Consensus RatingNextEra Energy Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 11 hold ratings, and 3 sell ratings.Amount of Analyst CoverageNextEra Energy Partners has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about NextEra Energy Partners' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.86% of the outstanding shares of NextEra Energy Partners have been sold short.Short Interest Ratio / Days to CoverNextEra Energy Partners has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in NextEra Energy Partners has recently increased by 24.32%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipNextEra Energy Partners is a leading dividend payer. It pays a dividend yield of 14.34%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNextEra Energy Partners has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of NextEra Energy Partners is 118.69%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, NextEra Energy Partners will have a dividend payout ratio of 341.51% in the coming year. This indicates that NextEra Energy Partners may not be able to sustain their current dividend.Read more about NextEra Energy Partners' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NEP. Previous Next 2.1 News and Social Media Coverage News SentimentNextEra Energy Partners has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for NextEra Energy Partners this week, compared to 7 articles on an average week.Search InterestOnly 63 people have searched for NEP on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.MarketBeat FollowsOnly 25 people have added NextEra Energy Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -19% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NextEra Energy Partners insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.14% of the stock of NextEra Energy Partners is held by insiders.Percentage Held by Institutions66.01% of the stock of NextEra Energy Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about NextEra Energy Partners' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for NextEra Energy Partners are expected to decrease by -39.08% in the coming year, from $1.74 to $1.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NextEra Energy Partners is 7.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of NextEra Energy Partners is 7.93, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.63.Price to Book Value per Share RatioNextEra Energy Partners has a P/B Ratio of 0.16. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about NextEra Energy Partners' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. 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.Read More NEP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NEP Stock News HeadlinesSeptember 5 at 5:40 PM | msn.comIs NextEra Energy Partners (NEP) The Best Beaten Down Dividend Stock to Invest in Now?September 3, 2024 | prnewswire.comNextEra Energy and NextEra Energy Partners to meet with investors throughout SeptemberSeptember 7, 2024 | Behind the Markets (Ad)NASDAQ to crash 50%?During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...August 31, 2024 | msn.comNextEra Energy Partners (NEP) Stock Sinks As Market Gains: What You Should KnowAugust 27, 2024 | 247wallst.comSeriously? We Found 5 Incredible Ultra-High-Yield Stocks Yielding 14% and MoreAugust 24, 2024 | fool.com1 Ultra-High Yield Stock I Wouldn't Touch With a 10-Foot PoleAugust 20, 2024 | fool.comPrediction: This Ultra-High-Yield Stock Will Eventually Cut Its DividendAugust 17, 2024 | nz.finance.yahoo.comNEP Aug 2024 24.000 callSeptember 7, 2024 | Behind the Markets (Ad)NASDAQ to crash 50%?During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...August 17, 2024 | ca.finance.yahoo.comNEP Aug 2024 24.500 putAugust 17, 2024 | ca.finance.yahoo.comNEP Sep 2024 23.000 putAugust 17, 2024 | finance.yahoo.comNEE Aug 2024 83.000 put (NEE240823P00083000)August 16, 2024 | forbes.comBefore The Fed Cuts, Try THESE Income Plays On For SizeAugust 13, 2024 | finance.yahoo.comNEP Aug 2024 31.000 put (NEP240823P00031000)August 13, 2024 | markets.businessinsider.comAnalysts Are Bearish on These Utilities Stocks: Nextera Energy Partners (NEP), Southern Co (SO)August 7, 2024 | seekingalpha.com14% Yield And 6% Hike: I Am Buying NextEra Energy Partners With Both HandsAugust 1, 2024 | fool.com97% Is a Troubling Number for NextEra Energy PartnersJuly 31, 2024 | msn.comClearway Energy raised, NextEra Energy Partners cut at Morgan StanleySee More Headlines Receive NEP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NextEra Energy Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/24/2024Ex-Dividend for 8/14 Dividend8/06/2024Dividend Payable8/14/2024Today9/07/2024Next Earnings (Estimated)10/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Electric services Sub-IndustryUtilities Current SymbolNYSE:NEP CUSIPN/A CIK1603145 Webwww.nexteraenergy.com Phone(561) 694-4000FaxN/AEmployeesN/AYear Founded2014Price Target and Rating Average Stock Price Target$33.00 High Stock Price Target$58.00 Low Stock Price Target$20.00 Potential Upside/Downside+36.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$3.05 Trailing P/E Ratio7.93 Forward P/E Ratio13.91 P/E GrowthN/ANet Income$200 million Net Margins24.42% Pretax Margin-0.82% Return on Equity-0.40% Return on Assets-0.25% Debt Debt-to-Equity Ratio0.36 Current Ratio1.30 Quick Ratio1.22 Sales & Book Value Annual Sales$1.16 billion Price / Sales1.95 Cash Flow$3.98 per share Price / Cash Flow6.08 Book Value$148.23 per share Price / Book0.16Miscellaneous Outstanding Shares93,539,000Free Float93,408,000Market Cap$2.26 billion OptionableOptionable Beta1.03 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. John W. Ketchum (Age 53)Chairman & CEO Ms. Rebecca J. Kujawa (Age 48)President & Director Mr. Brian W. BolsterCFO & DirectorMr. 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 SeeleyCorporate SecretaryMr. Michael H. Dunne (Age 48)Treasurer & Assistant Secretary More ExecutivesKey CompetitorsCompanhia Paranaense de EnergiaNYSE:ELPCDT MidstreamNYSE:DTMBrookfield Renewable PartnersNYSE:BEPKinetikNASDAQ:KNTKEnLink MidstreamNYSE:ENLCView All CompetitorsInstitutional OwnershipSanctuary Advisors LLCBought 22,103 shares on 9/5/2024Ownership: 0.024%Clearbridge Investments LLCSold 115,944 shares on 8/27/2024Ownership: 0.116%Cetera Investment AdvisersBought 6,769 shares on 8/22/2024Ownership: 0.075%Granite Bay Wealth Management LLCBought 13,759 shares on 8/21/2024Ownership: 0.015%Pathway Financial Advisers LLCBought 454 shares on 8/20/2024Ownership: 0.052%View All Institutional Transactions NEP Stock Analysis - Frequently Asked Questions How have NEP shares performed this year? NextEra Energy Partners' stock was trading at $30.41 at the start of the year. Since then, NEP shares have decreased by 20.4% and is now trading at $24.20. View the best growth stocks for 2024 here. How were NextEra Energy Partners' earnings last quarter? NextEra Energy Partners, LP (NYSE:NEP) posted its quarterly earnings results on Wednesday, July, 24th. The solar energy provider reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.07. The company's revenue for the quarter was up 22.9% compared to the same quarter last year. Who are NextEra Energy Partners' major shareholders? NextEra Energy Partners' top institutional shareholders 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 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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