Media headlines about NextEra Energy (NYSE:NEE) have trended somewhat positive on Tuesday, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. NextEra Energy earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the utilities provider an impact score of 46.6767305300044 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- CenterPoint Energy, Inc. (CNP) Ex-Dividend Date Scheduled for February 14, 2018 – Nasdaq (nasdaq.com)
- NextEra Energy named one of the World’s Most Ethical Companies for the 11th time – Markets Insider (markets.businessinsider.com)
- Morgan Stanley Lowers NextEra Energy (NEE) Price Target to $165.00 (americanbankingnews.com)
- NextEra Energy named one of the World’s Most Ethical Companies for the 11th time – PR Newswire (press release) (prnewswire.com)
NextEra Energy (NYSE NEE) traded up $1.07 during mid-day trading on Tuesday, reaching $151.07. The company had a trading volume of 1,578,082 shares, compared to its average volume of 2,364,403. NextEra Energy has a fifty-two week low of $124.52 and a fifty-two week high of $159.64. The company has a current ratio of 0.64, a quick ratio of 0.52 and a debt-to-equity ratio of 1.07. The firm has a market cap of $70,560.00, a P/E ratio of 13.30, a P/E/G ratio of 2.43 and a beta of 0.28.
NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Friday, January 26th. The utilities provider reported $1.25 earnings per share for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.06). NextEra Energy had a return on equity of 11.50% and a net margin of 31.28%. The firm had revenue of $4.01 billion for the quarter, compared to analyst estimates of $4.18 billion. During the same period last year, the company posted $1.21 earnings per share. The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. equities analysts predict that NextEra Energy will post 7.72 EPS for the current year.
NEE has been the topic of a number of recent analyst reports. Bank of America initiated coverage on NextEra Energy in a research note on Tuesday, October 24th. They issued a “buy” rating and a $166.00 price objective on the stock. Royal Bank of Canada reaffirmed a “buy” rating and set a $156.00 price target on shares of NextEra Energy in a research note on Tuesday, November 7th. Argus reaffirmed a “buy” rating and set a $173.00 price target on shares of NextEra Energy in a research note on Tuesday, December 5th. They noted that the move was a valuation call. Credit Suisse Group started coverage on NextEra Energy in a research note on Thursday, December 7th. They set an “outperform” rating and a $173.00 price target on the stock. Finally, Zacks Investment Research raised NextEra Energy from a “hold” rating to a “buy” rating and set a $178.00 price target on the stock in a research note on Tuesday, December 12th. Three investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $161.38.
In other NextEra Energy news, CEO Armando Pimentel, Jr. sold 9,250 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $151.83, for a total transaction of $1,404,427.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Armando Pimentel, Jr. sold 42,372 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $157.45, for a total value of $6,671,471.40. Following the sale, the chief executive officer now directly owns 121,958 shares of the company’s stock, valued at $19,202,287.10. The disclosure for this sale can be found here. Insiders own 0.53% of the company’s stock.
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About NextEra Energy
NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power companies in North America and, through its subsidiary NextEra Energy Resources, LLC (NEER) and its affiliated entities, is the generator of renewable energy from the wind and sun. NEE also owns and/or operates generation, transmission and distribution facilities to support its services to retail and wholesale customers, and has investments in gas infrastructure assets.
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