NextEra Energy Inc. [NYSE: NEE] gained 0.30% on the last trading session, reaching $73.22 price per share at the time. The company report on May 20, 2021 that NextEra Energy board declares quarterly dividend.
The board of directors of NextEra Energy, Inc. (NYSE: NEE) declared a regular quarterly common stock dividend of $0.385 per share. The dividend is payable on June 15, 2021, to shareholders of record on June 2, 2021.
NextEra Energy, Inc.NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. NextEra Energy owns Florida Power & Light Company, which is the largest rate-regulated electric utility in the United States as measured by retail electricity produced and sold, and serves more than 5.6 million customer accounts, supporting more than 11 million residents across Florida with clean, reliable and affordable electricity. NextEra Energy also owns a competitive clean energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun and a world leader in battery storage. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from seven commercial nuclear power units in Florida, New Hampshire and Wisconsin. A Fortune 200 company and included in the S&P 100 index, NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. NextEra Energy is ranked No. 1 in the electric and gas utilities industry on Fortune’s 2021 list of “World’s Most Admired Companies” and received the S&P Global Platts 2020 Energy Transition Award for leadership in environmental, social and governance. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.GulfPower.com, www.NextEraEnergyResources.com.
NextEra Energy Inc. represents 1.96 billion in outstanding shares, while the company has a total market value of $143.19 billion with the latest information. NEE stock price has been found in the range of $73.195 to $74.23.
If compared to the average trading volume of 8.60M shares, NEE reached a trading volume of 9176739 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about NextEra Energy Inc. [NEE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NEE shares is $89.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NEE stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Credit Suisse have made an estimate for NextEra Energy Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 08, 2021. While these analysts kept the previous recommendation, Bernstein raised their target price to Outperform. The new note on the price target was released on March 03, 2021, representing the official price target for NextEra Energy Inc. stock. Previously, the target price had yet another raise to $229, while Seaport Global Securities analysts kept a Buy rating on NEE stock.
The Average True Range (ATR) for NextEra Energy Inc. is set at 1.37, with the Price to Sales ratio for NEE stock in the period of the last 12 months amounting to 8.37. The Price to Book ratio for the last quarter was 3.84, with the Price to Cash per share for the same quarter was set at 0.75. Price to Free Cash Flow for NEE in the course of the last twelve months was 31.91 with Quick ratio for the last quarter at 0.40.
Trading performance analysis for NEE stock
NextEra Energy Inc. [NEE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.64. With this latest performance, NEE shares dropped by -5.18% in over the last four-week period, additionally sinking by -3.62% over the last 6 months – not to mention a rise of 14.60% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NEE stock in for the last two-week period is set at 43.22, with the RSI for the last a single of trading hit 43.54, and the three-weeks RSI is set at 43.92 for NextEra Energy Inc. [NEE]. The present Moving Average for the last 50 days of trading for this stock 75.54, while it was recorded at 73.42 for the last single week of trading, and 75.25 for the last 200 days.
NextEra Energy Inc. [NEE]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and NextEra Energy Inc. [NEE] shares currently have an operating margin of +23.57 and a Gross Margin at +33.58. NextEra Energy Inc.’s Net Margin is presently recorded at +17.09.
Return on Total Capital for NEE is now 4.51, given the latest momentum, and Return on Invested Capital for the company is 3.79. Return on Equity for this stock inclined to 7.94, with Return on Assets sitting at 2.38. When it comes to the capital structure of this company, NextEra Energy Inc. [NEE] has a Total Debt to Total Equity ratio set at 133.19. Additionally, NEE Total Debt to Total Capital is recorded at 57.12, with Total Debt to Total Assets ending up at 38.09. Long-Term Debt to Equity for the company is recorded at 116.36, with the Long-Term Debt to Total Capital now at 49.90.
Reflecting on the efficiency of the workforce at the company, NextEra Energy Inc. [NEE] managed to generate an average of $211,522 per employee. Receivables Turnover for the company is 5.91 with a Total Asset Turnover recorded at a value of 0.14.NextEra Energy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.50.
NextEra Energy Inc. [NEE]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, NextEra Energy Inc. posted 0.65/share EPS, while the average EPS was predicted by analysts to be reported at 0.63/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NEE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NextEra Energy Inc. go to 8.01%.
An analysis of insider ownership at NextEra Energy Inc. [NEE]
There are presently around $110,169 million, or 79.50% of NEE stock, in the hands of institutional investors. The top three institutional holders of NEE stocks are: VANGUARD GROUP INC with ownership of 175,510,062, which is approximately -0.337% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 151,973,721 shares of the stock with an approximate value of $11.13 billion in NEE stocks shares; and STATE STREET CORP, currently with $7.11 billion in NEE stock with ownership of nearly -1.496% of the company’s market capitalization.
1,150 institutional holders increased their position in NextEra Energy Inc. [NYSE:NEE] by around 78,151,591 shares. Additionally, 874 investors decreased positions by around 86,008,649 shares, while 245 investors held positions by with 1,340,470,174 shares. The mentioned changes placed institutional holdings at 1,504,630,414 shares, according to the latest SEC report filing. NEE stock had 165 new institutional investments in for a total of 18,759,932 shares, while 119 institutional investors sold positions of 4,412,500 shares during the same period.