NextEra Energy (NYSE:NEE) Issues FY 2025 Earnings Guidance

NextEra Energy (NYSE:NEE) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.450-3.700 for the period, compared to the consensus EPS estimate of 3.680. The company issued revenue guidance of -. NextEra Energy also updated its FY 2024 guidance to 3.230-3.430 EPS.

NextEra Energy Stock Performance

Shares of NEE stock traded up $0.17 during midday trading on Wednesday, hitting $66.37. 4,255,337 shares of the company were exchanged, compared to its average volume of 11,839,445. The firm has a market capitalization of $136.22 billion, a P/E ratio of 18.15, a PEG ratio of 2.35 and a beta of 0.51. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.47 and a current ratio of 0.55. The firm’s 50 day moving average price is $60.26 and its two-hundred day moving average price is $58.83. NextEra Energy has a 52 week low of $47.15 and a 52 week high of $79.10.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Tuesday, April 23rd. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. The firm had revenue of $5.73 billion during the quarter, compared to the consensus estimate of $6.28 billion. NextEra Energy had a net margin of 26.00% and a return on equity of 11.73%. The business’s revenue for the quarter was down 14.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.84 EPS. As a group, equities research analysts anticipate that NextEra Energy will post 3.4 earnings per share for the current year.

NextEra Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Tuesday, February 27th were issued a $0.515 dividend. The ex-dividend date was Monday, February 26th. This represents a $2.06 dividend on an annualized basis and a yield of 3.10%. This is an increase from NextEra Energy’s previous quarterly dividend of $0.47. NextEra Energy’s payout ratio is currently 57.06%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on NEE shares. Royal Bank of Canada restated an outperform rating and issued a $74.00 target price on shares of NextEra Energy in a research report on Tuesday, January 30th. Guggenheim upped their price objective on shares of NextEra Energy from $70.00 to $80.00 and gave the stock a buy rating in a research report on Monday, January 22nd. Bank of America upped their price objective on shares of NextEra Energy from $61.00 to $67.00 and gave the stock a neutral rating in a research report on Tuesday. Wells Fargo & Company upped their price objective on shares of NextEra Energy from $84.00 to $85.00 and gave the stock an overweight rating in a research report on Tuesday, March 19th. Finally, Morgan Stanley upped their price objective on shares of NextEra Energy from $77.00 to $79.00 and gave the stock an overweight rating in a research report on Monday. One research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus target price of $71.21.

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,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.