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 Stock Down 1.9 %
Shares of NYSE NEE opened at $72.15 on Tuesday. NextEra Energy has a one year low of $59.44 and a one year high of $86.10. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38. The business’s fifty day moving average price is $70.54 and its 200-day moving average price is $75.77. The stock has a market capitalization of $148.41 billion, a PE ratio of 21.41, a P/E/G ratio of 2.45 and a beta of 0.58.
NextEra Energy (NYSE:NEE – Get Free Report) last issued its quarterly earnings results 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%. On average, equities research analysts anticipate that NextEra Energy will post 3.68 EPS for the current year.
NextEra Energy Increases Dividend
Analyst Ratings Changes
NEE has been the topic of a number of recent research reports. Scotiabank increased their price objective on NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a report on Thursday, December 12th. Morgan Stanley increased their price objective on NextEra Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Evercore ISI dropped their price objective on NextEra Energy from $84.00 to $79.00 and set an “in-line” rating on the stock in a report on Monday, January 27th. BMO Capital Markets increased their price objective on NextEra Energy from $82.00 to $84.00 in a report on Monday, January 27th. Finally, JPMorgan Chase & Co. upped their target price on NextEra Energy from $90.00 to $91.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 11th. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, NextEra Energy has a consensus rating of “Hold” and a consensus target price of $85.92.
Check Out Our Latest Stock Report on NEE
Insider Activity
In other news, CAO James Michael May sold 2,383 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total transaction of $162,258.47. Following the transaction, the chief accounting officer now directly owns 27,427 shares in the company, valued at approximately $1,867,504.43. This represents a 7.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.18% of the company’s stock.
Hedge Funds Weigh In On NextEra Energy
An institutional investor recently raised its position in NextEra Energy stock. Brighton Jones LLC grew its position in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 7.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,282 shares of the utilities provider’s stock after purchasing an additional 1,840 shares during the quarter. Brighton Jones LLC’s holdings in NextEra Energy were worth $2,028,000 as of its most recent SEC filing. Hedge funds and other 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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