NextEra Energy (NYSE:NEE) Issues FY 2025 Earnings Guidance

NextEra Energy (NYSE:NEE) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.450-3.700 for the period, compared to the consensus EPS estimate of 3.680. The company issued revenue guidance of -. NextEra Energy also updated its FY 2024 guidance to 3.230-3.430 EPS.

NextEra Energy Trading Down 0.2 %

Shares of NEE stock opened at $65.19 on Tuesday. NextEra Energy has a 52-week low of $47.15 and a 52-week high of $79.25. The stock has a market cap of $133.80 billion, a price-to-earnings ratio of 18.09, a P/E/G ratio of 2.31 and a beta of 0.51. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.47 and a current ratio of 0.55. The firm has a fifty day moving average of $60.04 and a 200-day moving average of $58.72.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Tuesday, April 23rd. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. NextEra Energy had a net margin of 26.00% and a return on equity of 11.73%. The company had revenue of $5.73 billion during the quarter, compared to analysts’ expectations of $6.28 billion. During the same quarter in the prior year, the company posted $0.84 EPS. The business’s revenue was down 14.7% on a year-over-year basis. On average, equities research analysts forecast that NextEra Energy will post 3.4 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Tuesday, February 27th were given a dividend of $0.515 per share. The ex-dividend date of this dividend was Monday, February 26th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.16%. This is a boost from NextEra Energy’s previous quarterly dividend of $0.47. NextEra Energy’s dividend payout ratio (DPR) is 57.06%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Morgan Stanley increased their target price on shares of NextEra Energy from $77.00 to $79.00 and gave the stock an overweight rating in a research report on Monday. Wells Fargo & Company increased their target price on shares of NextEra Energy from $84.00 to $85.00 and gave the stock an overweight rating in a research report on Tuesday, March 19th. BMO Capital Markets dropped their target price on shares of NextEra Energy from $77.00 to $68.00 and set an outperform rating for the company in a research report on Tuesday, April 16th. Guggenheim increased their target price on shares of NextEra Energy from $70.00 to $80.00 and gave the stock a buy rating in a research report on Monday, January 22nd. Finally, Mizuho reiterated a buy rating and set a $67.00 target price (up previously from $65.00) on shares of NextEra Energy in a research report on Friday, March 15th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus target price of $69.93.

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.