Seaport Res Ptn Lifts Earnings Estimates for NextEra Energy

NextEra Energy, Inc. (NYSE:NEE) – Research analysts at Seaport Res Ptn increased their FY2025 EPS estimates for shares of NextEra Energy in a report issued on Sunday, February 23rd. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will post earnings per share of $3.69 for the year, up from their prior estimate of $3.68. The consensus estimate for NextEra Energy’s current full-year earnings is $3.68 per share. Seaport Res Ptn also issued estimates for NextEra Energy’s FY2026 earnings at $4.00 EPS.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share 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%.

Several other brokerages also recently issued reports on NEE. Scotiabank upped their price objective on shares of NextEra Energy from $92.00 to $96.00 and gave the company a “sector outperform” rating in a research note on Thursday, December 12th. Morgan Stanley boosted their price target on NextEra Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Jefferies Financial Group decreased their price objective on NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. Evercore ISI dropped their target price on NextEra Energy from $84.00 to $79.00 and set an “in-line” rating for the company in a research note on Monday, January 27th. Finally, BMO Capital Markets lifted their price target on NextEra Energy from $82.00 to $84.00 in a report on Monday, January 27th. Eight equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Hold” and an average price target of $85.85.

NextEra Energy Stock Performance

NextEra Energy stock opened at $70.72 on Tuesday. NextEra Energy has a fifty-two week low of $53.95 and a fifty-two week high of $86.10. The company has a market capitalization of $145.48 billion, a price-to-earnings ratio of 20.99, a PEG ratio of 2.45 and a beta of 0.58. The stock has a fifty day moving average of $70.48 and a two-hundred day moving average of $76.50. 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 Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be given a dividend of $0.5665 per share. This represents a $2.27 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date is Friday, February 28th. This is an increase from NextEra Energy’s previous quarterly dividend of $0.52. NextEra Energy’s dividend payout ratio is 67.06%.

Insider Activity at NextEra Energy

In other news, CAO James Michael May sold 2,383 shares of the stock in a transaction on 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 of the company’s stock, valued at $1,867,504.43. This represents a 7.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.18% of the stock is currently owned by insiders.

Hedge Funds Weigh In On NextEra Energy

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Reston Wealth Management LLC purchased a new position in NextEra Energy in the third quarter valued at about $27,000. Burkett Financial Services LLC grew its stake in shares of NextEra Energy by 1,229.6% in the fourth quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider’s stock valued at $26,000 after buying an additional 332 shares in the last quarter. Sugar Maple Asset Management LLC purchased a new stake in shares of NextEra Energy during the 4th quarter valued at about $28,000. Quarry LP acquired a new position in NextEra Energy during the 3rd quarter worth approximately $33,000. Finally, Bellwether Advisors LLC purchased a new position in NextEra Energy in the 4th quarter worth approximately $30,000. Institutional investors and hedge funds 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.