NextEra Energy (NYSE:NEE) Trading Down 1.3% – Time to Sell?

NextEra Energy, Inc. (NYSE:NEE)’s share price fell 1.3% on Wednesday . The stock traded as low as $82.62 and last traded at $82.7580. 8,850,155 shares changed hands during trading, a decline of 16% from the average session volume of 10,536,894 shares. The stock had previously closed at $83.83.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Jefferies Financial Group set a $94.00 price target on NextEra Energy in a report on Tuesday, July 14th. Barclays set a $91.00 price objective on NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. BMO Capital Markets upped their target price on NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Bank of America cut their target price on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of NextEra Energy in a research report on Tuesday. Seventeen investment analysts have rated the stock with a Buy rating and six 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 target price of $100.33.

NextEra Energy Trading Up 0.0%

The firm has a market capitalization of $172.00 billion, a PE ratio of 18.53, a PEG ratio of 2.56 and a beta of 0.65. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The business has a fifty day moving average price of $86.17 and a two-hundred day moving average price of $89.13.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.04. The firm had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. NextEra Energy’s revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be issued a $0.6232 dividend. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio is currently 55.96%.

Institutional Trading of NextEra Energy

Several institutional investors have recently added to or reduced their stakes in the stock. Kilter Group LLC acquired a new stake in shares of NextEra Energy in the second quarter valued at $25,000. Manning & Napier Advisors LLC acquired a new position in NextEra Energy during the 2nd quarter worth about $26,000. Pin Oak Investment Advisors Inc. purchased a new position in NextEra Energy during the 2nd quarter valued at about $26,000. Wealth Watch Advisors INC grew its position in NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 226 shares in the last quarter. Finally, Osbon Capital Management LLC acquired a new position in NextEra Energy in the 4th quarter valued at about $27,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

About NextEra Energy

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), it generates, transmits, distributes and sells electricity to customers in Florida. FPL serves residential, commercial and industrial customers across much of the state.

Through NextEra Energy Resources, the company develops, owns and operates power-generation and storage projects in the United States and Canada.