NextEra Energy (NYSE:NEE) Shares Up 2.2% – Here’s What Happened

NextEra Energy, Inc. (NYSE:NEE) shares were up 2.2% during mid-day trading on Thursday . The stock traded as high as $88.37 and last traded at $88.2430. Approximately 11,641,532 shares traded hands during mid-day trading, an increase of 11% from the average daily volume of 10,525,607 shares. The stock had previously closed at $86.37.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on NEE shares. Scotiabank upped their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Friday, April 24th. DA Davidson raised their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Evercore reaffirmed an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. Barclays set a $90.00 target price on shares of NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. Finally, HSBC increased their price target on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $99.86.

NextEra Energy Stock Performance

The stock has a market capitalization of $184.02 billion, a P/E ratio of 22.45, a P/E/G ratio of 2.59 and a beta of 0.67. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. The business has a fifty day moving average price of $89.34 and a 200-day moving average price of $88.63.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The company had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. During the same period last year, the firm posted $0.99 earnings per share. NextEra Energy’s revenue was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, sell-side analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were issued a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

Institutional Trading of NextEra Energy

Large investors have recently made changes to their positions in the stock. Laurel Wealth Advisors LLC bought a new stake in NextEra Energy in the 4th quarter worth approximately $25,000. Anfield Capital Management LLC lifted its holdings in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after buying an additional 270 shares during the period. Wealth Watch Advisors INC lifted its holdings in shares of NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares during the period. Osbon Capital Management LLC purchased a new position in shares of NextEra Energy in the 4th quarter worth $27,000. Finally, Strive Asset Management LLC purchased a new position in shares of NextEra Energy in the 3rd quarter worth $29,000. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Company Profile

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.