NextEra Energy (NYSE:NEE) Releases FY25 Earnings Guidance

NextEra Energy (NYSE:NEE) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $3.45-3.70 for the period, compared to the consensus estimate of $3.67. NextEra Energy also updated its FY26 guidance to $3.63-4.00 EPS.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Scotiabank increased their target price on shares of NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a research report on Thursday, December 12th. Morgan Stanley raised their target price on shares of NextEra Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Jefferies Financial Group cut their price target on shares of NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. BMO Capital Markets boosted their target price on shares of NextEra Energy from $82.00 to $84.00 in a report on Monday, January 27th. Finally, JPMorgan Chase & Co. boosted their target price on shares of NextEra Energy from $90.00 to $91.00 and gave the company an “overweight” rating in a report on Tuesday, March 11th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Hold” and an average target price of $85.92.

NextEra Energy Stock Down 2.1 %

Shares of NEE opened at $70.63 on Wednesday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.38 and a current ratio of 0.47. NextEra Energy has a one year low of $60.26 and a one year high of $86.10. The stock has a market capitalization of $145.28 billion, a price-to-earnings ratio of 20.96, a PEG ratio of 2.45 and a beta of 0.58. The stock has a 50 day moving average price of $70.54 and a 200 day moving average price of $75.70.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. Equities research analysts forecast that NextEra Energy will post 3.68 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were issued a $0.5665 dividend. The ex-dividend date was Friday, February 28th. This represents a $2.27 dividend on an annualized basis and a dividend yield of 3.21%. This is an increase from NextEra Energy’s previous quarterly dividend of $0.52. NextEra Energy’s dividend payout ratio is presently 67.06%.

Insider Activity

In related news, CAO James Michael May sold 2,383 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total transaction of $162,258.47. Following the transaction, the chief accounting officer now owns 27,427 shares in the company, valued at $1,867,504.43. This trade represents a 7.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.18% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in NextEra Energy stock. Brighton Jones LLC raised its stake in NextEra Energy, Inc. (NYSE:NEE) by 7.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,282 shares of the utilities provider’s stock after acquiring an additional 1,840 shares during the quarter. Brighton Jones LLC’s holdings in NextEra Energy were worth $2,028,000 at the end of the most recent quarter. Institutional investors own 78.72% 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.