Seaport Res Ptn Expects Stronger Earnings for NextEra Energy

NextEra Energy, Inc. (NYSE:NEE) – Research analysts at Seaport Res Ptn increased their FY2025 earnings per share (EPS) estimates for NextEra Energy in a report issued on Sunday, February 23rd. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings of $3.69 per share for the year, up from their prior forecast of $3.68. The consensus estimate for NextEra Energy’s current full-year earnings is $3.68 per share. Seaport Res Ptn also issued estimates for NextEra Energy’s FY2026 earnings at $4.00 EPS.

Other analysts have also recently issued research reports about the stock. BMO Capital Markets increased their price objective on shares of NextEra Energy from $82.00 to $84.00 in a report on Monday, January 27th. Evercore ISI dropped their price target on shares of NextEra Energy from $84.00 to $79.00 and set an “in-line” rating on the stock in a research note on Monday, January 27th. Scotiabank boosted their price objective on 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 increased their price objective on NextEra Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Finally, Jefferies Financial Group cut their target price on NextEra Energy from $81.00 to $77.00 in a research note on Monday, January 27th. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $85.85.

NextEra Energy Stock Performance

NEE stock opened at $70.97 on Tuesday. NextEra Energy has a 1 year low of $53.95 and a 1 year high of $86.10. The stock has a market capitalization of $145.99 billion, a price-to-earnings ratio of 21.06, a PEG ratio of 2.45 and a beta of 0.58. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.38 and a current ratio of 0.47. The stock’s fifty day moving average is $70.47 and its two-hundred day moving average is $76.42.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%.

Hedge Funds Weigh In On NextEra Energy

Several hedge funds have recently made changes to their positions in NEE. LifeWealth Investments LLC bought a new stake in NextEra Energy during the fourth quarter worth approximately $357,000. Heck Capital Advisors LLC acquired a new stake in shares of NextEra Energy during the 4th quarter valued at $631,000. Armis Advisers LLC bought a new stake in shares of NextEra Energy during the 4th quarter worth $431,000. Polar Asset Management Partners Inc. acquired a new position in shares of NextEra Energy in the 4th quarter worth $24,948,000. Finally, Hall Capital Management Co. Inc. acquired a new stake in shares of NextEra Energy during the fourth quarter worth $1,937,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Insider Activity at NextEra Energy

In other NextEra Energy news, CAO James Michael May sold 2,383 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total value of $162,258.47. Following the completion of the sale, the chief accounting officer now directly owns 27,427 shares of the company’s stock, valued at approximately $1,867,504.43. This represents a 7.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.18% of the company’s stock.

NextEra Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be issued a $0.5665 dividend. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.27 annualized dividend and a dividend yield of 3.19%. NextEra Energy’s dividend payout ratio is 67.06%.

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.