NextEra Energy (NYSE:NEE) Hits New 52-Week High After Better-Than-Expected Earnings

NextEra Energy, Inc. (NYSE:NEE)’s share price hit a new 52-week high during trading on Tuesday after the company announced better than expected quarterly earnings. The stock traded as high as $87.62 and last traded at $87.0210, with a volume of 6182355 shares trading hands. The stock had previously closed at $85.47.

The utilities provider reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.01. NextEra Energy had a net margin of 24.72% and a return on equity of 12.42%. NextEra Energy’s quarterly revenue was up 20.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.53 earnings per share.

Trending Headlines about NextEra Energy

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

• Positive Sentiment: Q4 earnings beat — NEE reported $0.54 EPS vs. consensus $0.53 and delivered solid margins and ROE, supporting the stock move. Reuters: NextEra Energy beats fourth quarter profit estimates
• Positive Sentiment: Large commercial opportunity — NextEra is marketing nuclear output from plants in Wisconsin and New Hampshire to big tech firms building AI data centers, a potential source of long-term high-volume contracts and premium pricing for clean baseload power. Financial Post: NextEra Offers Nuclear Power Amid Red-Hot Demand From Tech Firms
• Positive Sentiment: Analyst upgrade / higher target — BMO raised its price target to $93 and kept an outperform stance, adding upside validation from the sell-side that can support further buying interest. Benzinga: BMO raises NEE price target
• Neutral Sentiment: Company disclosures available — NextEra posted its full-quarter results, slide deck and earnings materials (useful for modeling but not immediately market-moving beyond the numbers). PR Newswire: Financial results posted
• Neutral Sentiment: Earnings call highlights published — Summaries and call takeaways are circulating; these provide management color on demand, renewables growth and capital plans that investors will parse for guidance signals. Yahoo Finance: Q4 earnings call highlights
• Negative Sentiment: Revenue miss vs. some expectations — Several write-ups note that while EPS beat, reported revenue slightly lagged Street forecasts, a nuance that may cap upside until top-line trends are clearer. Zacks: Q4 earnings surpass estimates, revenues lag

Analysts Set New Price Targets

A number of analysts have recently issued reports on NEE shares. Morgan Stanley restated an “overweight” rating and set a $104.00 price objective on shares of NextEra Energy in a research report on Wednesday, January 21st. UBS Group set a $91.00 price target on shares of NextEra Energy and gave the company a “buy” rating in a report on Wednesday, December 17th. HSBC upped their target price on shares of NextEra Energy from $94.00 to $95.00 in a research report on Monday, November 10th. BMO Capital Markets raised their target price on NextEra Energy from $89.00 to $93.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Evercore ISI restated an “outperform” rating and issued a $93.00 price objective on shares of NextEra Energy in a research report on Tuesday, October 28th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $92.17.

Insider Transactions at NextEra Energy

In other NextEra Energy news, EVP Ronald R. Reagan sold 10,826 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $85.00, for a total value of $920,210.00. Following the transaction, the executive vice president directly owned 15,643 shares of the company’s stock, valued at $1,329,655. This trade represents a 40.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Armando Pimentel, Jr. sold 145,140 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $83.91, for a total transaction of $12,178,697.40. Following the completion of the transaction, the chief executive officer directly owned 162,693 shares of the company’s stock, valued at $13,651,569.63. This trade represents a 47.15% decrease in their position. The SEC filing for this sale provides additional information. 0.18% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in NEE. Fortis Capital Advisors LLC bought a new stake in NextEra Energy in the 4th quarter worth about $1,290,000. Miller Howard Investments Inc. NY lifted its holdings in NextEra Energy by 11.2% during the fourth quarter. Miller Howard Investments Inc. NY now owns 141,569 shares of the utilities provider’s stock valued at $11,365,000 after purchasing an additional 14,221 shares during the last quarter. Krilogy Financial LLC lifted its stake in shares of NextEra Energy by 17.2% during the 4th quarter. Krilogy Financial LLC now owns 16,739 shares of the utilities provider’s stock valued at $1,431,000 after buying an additional 2,458 shares in the last quarter. Earned Wealth Advisors LLC grew its holdings in NextEra Energy by 43.4% during the 4th quarter. Earned Wealth Advisors LLC now owns 4,679 shares of the utilities provider’s stock valued at $376,000 after buying an additional 1,416 shares in the last quarter. Finally, Berkshire Money Management Inc. bought a new position in shares of NextEra Energy in the fourth quarter worth $202,000. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Up 2.4%

The firm has a market capitalization of $182.22 billion, a P/E ratio of 27.85, a price-to-earnings-growth ratio of 2.63 and a beta of 0.74. The company has a quick ratio of 0.45, a current ratio of 0.55 and a debt-to-equity ratio of 1.30. The firm’s 50-day simple moving average is $82.24 and its 200-day simple moving average is $78.72.

NextEra Energy Company Profile

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.