NextEra Energy (NYSE:NEE – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 3.630-4.000 for the period. The company issued revenue guidance of -. NextEra Energy also updated its FY 2024 guidance to 3.230-3.430 EPS.
NextEra Energy Stock Performance
NextEra Energy stock opened at $83.70 on Wednesday. The stock has a market cap of $171.96 billion, a price-to-earnings ratio of 22.81, a price-to-earnings-growth ratio of 2.92 and a beta of 0.56. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.49 and a quick ratio of 0.41. The firm has a 50 day simple moving average of $82.05 and a 200-day simple moving average of $75.89. NextEra Energy has a 1-year low of $50.95 and a 1-year high of $86.10.
NextEra Energy (NYSE:NEE – Get Free Report) last posted its earnings results on Wednesday, July 24th. The utilities provider reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.03. The company had revenue of $6.07 billion for the quarter, compared to the consensus estimate of $7.29 billion. NextEra Energy had a return on equity of 11.75% and a net margin of 24.45%. During the same quarter in the previous year, the business earned $0.88 earnings per share. On average, analysts expect that NextEra Energy will post 3.4 EPS for the current year.
NextEra Energy Announces Dividend
Wall Street Analyst Weigh In
Several equities analysts have recently commented on NEE shares. Dbs Bank lowered shares of NextEra Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, September 27th. Citigroup raised their price target on NextEra Energy from $69.00 to $84.00 and gave the stock a “buy” rating in a research report on Thursday, June 27th. JPMorgan Chase & Co. boosted their price objective on NextEra Energy from $91.00 to $94.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Barclays raised their target price on NextEra Energy from $76.00 to $80.00 and gave the company an “equal weight” rating in a report on Tuesday, October 1st. Finally, Morgan Stanley increased their price target on shares of NextEra Energy from $87.00 to $90.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 25th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Hold” and an average target price of $85.46.
Read Our Latest Stock Report on NextEra Energy
Insiders Place Their Bets
In other news, EVP Nicole J. Daggs sold 658 shares of the stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $76.97, for a total value of $50,646.26. Following the transaction, the executive vice president now owns 100 shares in the company, valued at approximately $7,697. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.18% of the stock is owned by company insiders.
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.
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