NextEra Energy (NYSE:NEE – Get Free Report) issued an update on its FY26 earnings guidance on Tuesday morning. 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.
NextEra Energy Price Performance
Shares of NYSE:NEE opened at $70.63 on Wednesday. NextEra Energy has a one year low of $60.26 and a one year high of $86.10. The stock has a fifty day moving average of $70.54 and a 200-day moving average of $75.70. The company has a market capitalization of $145.28 billion, a PE ratio of 20.96, a price-to-earnings-growth 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 (NYSE:NEE – Get Free Report) last announced its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, meeting analysts’ consensus estimates of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. As a group, equities analysts anticipate that NextEra Energy will post 3.68 EPS for the current fiscal year.
NextEra Energy Increases Dividend
Analyst Ratings Changes
A number of research firms have recently issued reports on NEE. Jefferies Financial Group reduced their target price on NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. Morgan Stanley increased their target price on NextEra Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. increased their target price on NextEra Energy from $90.00 to $91.00 and gave the company an “overweight” rating in a report on Tuesday, March 11th. Evercore ISI reduced their target price on NextEra Energy from $84.00 to $79.00 and set an “in-line” rating for the company in a report on Monday, January 27th. Finally, BMO Capital Markets upped their price target on shares of NextEra Energy from $82.00 to $84.00 in a research note on Monday, January 27th. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $85.92.
View Our Latest Stock Analysis on NEE
Insider Activity at NextEra Energy
In related news, CAO James Michael May sold 2,383 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total value of $162,258.47. Following the completion of the sale, the chief accounting officer now owns 27,427 shares in the company, valued at approximately $1,867,504.43. This trade represents a 7.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.18% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On NextEra Energy
An institutional investor recently raised its position in NextEra Energy stock. Brighton Jones LLC boosted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 7.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,282 shares of the utilities provider’s stock after purchasing an additional 1,840 shares during the period. Brighton Jones LLC’s holdings in NextEra Energy were worth $2,028,000 as of its most recent SEC filing. 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.
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