NextEra Energy (NYSE:NEE) Sets New 12-Month High – Should You Buy?

Shares of NextEra Energy, Inc. (NYSE:NEEGet Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as $97.86 and last traded at $97.6780, with a volume of 6218349 shares traded. The stock had previously closed at $94.17.

Key NextEra Energy News

Here are the key news stories impacting NextEra Energy this week:

Analyst Upgrades and Downgrades

Several equities analysts recently commented on NEE shares. Erste Group Bank raised shares of NextEra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. UBS Group upped their price target on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Weiss Ratings raised shares of NextEra Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Wall Street Zen lowered shares of NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Finally, Seaport Research Partners dropped their price objective on shares of NextEra Energy from $56.00 to $55.00 and set a “sell” rating for the company in a research report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, NextEra Energy has a consensus rating of “Moderate Buy” and an average target price of $97.63.

View Our Latest Analysis on NEE

NextEra Energy Stock Up 4.0%

The firm’s 50-day moving average price is $92.60 and its 200-day moving average price is $87.07. The company has a market cap of $204.25 billion, a price-to-earnings ratio of 24.92, a price-to-earnings-growth ratio of 2.79 and a beta of 0.74. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44.

NextEra Energy (NYSE:NEEGet Free Report) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.06. The company had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Sell-side analysts forecast that NextEra Energy, Inc. will post 4 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were issued a $0.6232 dividend. This is an increase from NextEra Energy’s previous quarterly dividend of $0.57. This represents a $2.49 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Friday, February 27th. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.

Insider Activity at NextEra Energy

In other news, EVP Terrell Kirk Crews II sold 19,672 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $1,775,791.44. Following the completion of the transaction, the executive vice president directly owned 73,857 shares in the company, valued at approximately $6,667,071.39. This represents a 21.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Charles E. Sieving sold 30,000 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $90.00, for a total transaction of $2,700,000.00. Following the completion of the sale, the executive vice president directly owned 167,481 shares in the company, valued at $15,073,290. This represents a 15.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 179,990 shares of company stock worth $16,155,409 over the last ninety days. Company insiders own 0.18% of the company’s stock.

Institutional Trading of NextEra Energy

A number of institutional investors and hedge funds have recently modified their holdings of the business. Walker Asset Management LLC lifted its position in shares of NextEra Energy by 2.2% in the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock worth $465,000 after buying an additional 107 shares during the last quarter. PUREfi Wealth LLC lifted its position in shares of NextEra Energy by 0.9% in the 1st quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock worth $1,170,000 after buying an additional 107 shares during the last quarter. Garrison Point Advisors LLC lifted its position in NextEra Energy by 0.4% in the 4th quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock valued at $2,269,000 after purchasing an additional 109 shares during the last quarter. 3Chopt Investment Partners LLC lifted its position in NextEra Energy by 0.8% in the 4th quarter. 3Chopt Investment Partners LLC now owns 14,105 shares of the utilities provider’s stock valued at $1,132,000 after purchasing an additional 114 shares during the last quarter. Finally, Nemes Rush Group LLC lifted its position in NextEra Energy by 5.2% in the 4th quarter. Nemes Rush Group LLC now owns 2,354 shares of the utilities provider’s stock valued at $189,000 after purchasing an additional 117 shares during the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

NextEra Energy Company Profile

(Get Free Report)

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.

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