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

NextEra Energy (NYSE:NEE) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.450-3.700 for the period, compared to the consensus estimate of 3.680. The company issued revenue guidance of -. NextEra Energy also updated its FY 2024 guidance to 3.230-3.430 EPS.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on NEE shares. Morgan Stanley upped their target price on shares of NextEra Energy from $87.00 to $90.00 and gave the stock an “overweight” rating in a report on Wednesday, September 25th. Royal Bank of Canada cut shares of NextEra Energy from a “moderate buy” rating to a “hold” rating in a research report on Tuesday. JPMorgan Chase & Co. increased their price objective on shares of NextEra Energy from $91.00 to $94.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Scotiabank increased their target price on shares of NextEra Energy from $73.00 to $92.00 and gave the stock a “sector outperform” rating in a report on Tuesday, August 20th. Finally, Dbs Bank downgraded NextEra Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, September 27th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $85.46.

NextEra Energy Stock Down 2.2 %

Shares of NextEra Energy stock traded down $1.89 on Thursday, reaching $83.07. The company’s stock had a trading volume of 4,298,315 shares, compared to its average volume of 10,727,413. The company has a market capitalization of $170.67 billion, a price-to-earnings ratio of 23.15, a P/E/G ratio of 2.92 and a beta of 0.56. NextEra Energy has a 52 week low of $53.81 and a 52 week high of $86.10. The company has a quick ratio of 0.41, a current ratio of 0.49 and a debt-to-equity ratio of 1.15. The firm’s fifty day simple moving average is $82.19 and its two-hundred day simple moving average is $75.96.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Wednesday, October 23rd. The utilities provider reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.05. The company had revenue of $7.57 billion during the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a return on equity of 11.75% and a net margin of 24.45%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.94 earnings per share. Equities analysts anticipate that NextEra Energy will post 3.4 earnings per share for the current year.

NextEra Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 22nd will be given a dividend of $0.515 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $2.06 dividend on an annualized basis and a yield of 2.48%. NextEra Energy’s payout ratio is 56.13%.

Insider Buying and Selling

In other NextEra Energy news, EVP Nicole J. Daggs sold 658 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $76.97, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.18% of the stock is owned by corporate 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.