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

NextEra Energy (NYSE:NEE) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 3.450-3.700 for the period, compared to the consensus earnings per share estimate of 3.690. The company issued revenue guidance of -. NextEra Energy also updated its FY 2024 guidance to 3.230-3.430 EPS.

NextEra Energy Stock Up 1.0 %

NYSE NEE traded up $0.81 during trading on Friday, reaching $79.20. 14,513,109 shares of the company’s stock were exchanged, compared to its average volume of 10,270,118. The company has a 50 day moving average price of $73.93 and a two-hundred day moving average price of $66.68. The stock has a market cap of $162.78 billion, a P/E ratio of 21.58, a price-to-earnings-growth ratio of 2.84 and a beta of 0.54. NextEra Energy has a 1 year low of $47.15 and a 1 year high of $80.56. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.41 and a current ratio of 0.49.

NextEra Energy (NYSE:NEE) last posted its earnings results on Wednesday, July 24th. The utilities provider reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.03. The firm had revenue of $6.07 billion during the quarter, compared to analysts’ expectations 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, equities research analysts anticipate that NextEra Energy will post 3.39 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be given a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date of this dividend is Friday, August 30th. NextEra Energy’s dividend payout ratio (DPR) is 56.13%.

Analysts Set New Price Targets

Several equities analysts have issued reports on NEE shares. BMO Capital Markets upped their price objective on shares of NextEra Energy from $79.00 to $83.00 and gave the company an outperform rating in a research note on Monday, July 15th. Barclays raised their price target on NextEra Energy from $72.00 to $75.00 and gave the stock an equal weight rating in a research note on Friday, July 26th. Evercore ISI lifted their price target on NextEra Energy from $70.00 to $75.00 and gave the stock an in-line rating in a research report on Wednesday, June 12th. Wells Fargo & Company reissued an overweight rating and issued a $95.00 price objective on shares of NextEra Energy in a report on Wednesday, June 12th. Finally, Scotiabank lifted their target price on shares of NextEra Energy from $69.00 to $73.00 and gave the company a sector outperform rating in a report on Monday, April 22nd. One analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, NextEra Energy has an average rating of Moderate Buy and a consensus price target of $78.29.

Insider Transactions at NextEra Energy

In related news, EVP Nicole J. Daggs sold 658 shares of the business’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $76.97, for a total transaction of $50,646.26. Following the sale, the executive vice president now owns 100 shares of the company’s stock, valued at $7,697. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.18% of the company’s stock.

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.