News stories about NextEra Energy (NYSE:NEE) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. NextEra Energy earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 47.0184511651644 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- NextEra Energy (NEE) Director James L. Robo Sells 81,489 Shares (americanbankingnews.com)
- D or NEE: Which Electric Utility Stock Should You Invest In? (finance.yahoo.com)
- Analysts Expect NextEra Energy (NEE) Will Post Quarterly Sales of $4.50 Billion (americanbankingnews.com)
- ValuEngine Downgrades NextEra Energy (NEE) to Hold (americanbankingnews.com)
- How Institutions Played Out NextEra Energy in Q1 (finance.yahoo.com)
Several equities research analysts recently weighed in on the company. Zacks Investment Research cut NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, March 29th. KeyCorp increased their target price on NextEra Energy from $165.00 to $168.00 and gave the company an “overweight” rating in a report on Wednesday, April 18th. JPMorgan Chase increased their target price on NextEra Energy from $167.00 to $170.00 and gave the company an “overweight” rating in a report on Tuesday, April 10th. Morgan Stanley increased their target price on NextEra Energy from $168.00 to $174.00 and gave the company an “overweight” rating in a report on Monday, April 16th. Finally, Guggenheim restated a “buy” rating and set a $182.00 target price on shares of NextEra Energy in a report on Friday, January 26th. Two investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $168.92.
NextEra Energy traded up $0.03, hitting $156.45, on Friday, according to MarketBeat Ratings. The company’s stock had a trading volume of 1,564,184 shares, compared to its average volume of 1,855,834. NextEra Energy has a 52-week low of $135.60 and a 52-week high of $165.15. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.46 and a current ratio of 0.59. The stock has a market cap of $73.66 billion, a P/E ratio of 23.35, a price-to-earnings-growth ratio of 2.31 and a beta of 0.23.
NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Tuesday, April 24th. The utilities provider reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.16. NextEra Energy had a return on equity of 10.91% and a net margin of 48.13%. The business had revenue of $3.86 billion during the quarter, compared to analysts’ expectations of $4.15 billion. During the same quarter last year, the business posted $1.75 EPS. The business’s revenue was down 2.7% on a year-over-year basis. sell-side analysts predict that NextEra Energy will post 7.74 earnings per share for the current year.
In other NextEra Energy news, Director James L. Robo sold 81,489 shares of the stock in a transaction that occurred on Thursday, May 17th. The stock was sold at an average price of $156.81, for a total value of $12,778,290.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Eric E. Silagy sold 11,114 shares of the stock in a transaction that occurred on Monday, May 14th. The stock was sold at an average price of $160.82, for a total value of $1,787,353.48. Following the completion of the sale, the director now owns 25,898 shares of the company’s stock, valued at approximately $4,164,916.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 142,754 shares of company stock valued at $22,504,957. Company insiders own 0.55% of the company’s stock.
About NextEra Energy
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, and natural gas-fired facilities. It also provides risk management services related to power and gas consumption.
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