NextEra Energy (NYSE:NEE – Get Free Report) updated its FY26 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $3.63-4.00 for the period, compared to the consensus estimate of $4.00. NextEra Energy also updated its FY25 guidance to $3.45-3.70 EPS.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. Morgan Stanley increased their price objective on shares of NextEra Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. increased their price objective on shares of NextEra Energy from $90.00 to $91.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 11th. BMO Capital Markets increased their price target on shares of NextEra Energy from $82.00 to $84.00 in a report on Monday, January 27th. Scotiabank increased their price target on shares of NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a report on Thursday, December 12th. Finally, Evercore ISI lowered 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 report 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’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $85.92.
Check Out Our Latest Research Report on NEE
NextEra Energy Stock Performance
NextEra Energy (NYSE:NEE – Get Free Report) last posted its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share for the quarter, hitting the consensus estimate of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. On average, sell-side analysts forecast that NextEra Energy will post 3.68 earnings per share for the current fiscal year.
NextEra Energy Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were given a dividend of $0.5665 per share. The ex-dividend date was Friday, February 28th. This is a boost from NextEra Energy’s previous quarterly dividend of $0.52. This represents a $2.27 dividend on an annualized basis and a dividend yield of 3.14%. NextEra Energy’s dividend payout ratio (DPR) is currently 67.06%.
Insider Buying and Selling at NextEra Energy
In other NextEra Energy news, CAO James Michael May sold 2,383 shares of NextEra Energy stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total transaction of $162,258.47. Following the completion of the sale, the chief accounting officer now directly owns 27,427 shares in the company, valued at $1,867,504.43. This trade represents a 7.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.18% of the company’s stock.
Institutional Inflows and Outflows
An institutional investor recently raised its position in NextEra Energy stock. Brighton Jones LLC lifted its holdings in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 7.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,282 shares of the utilities provider’s stock after purchasing an additional 1,840 shares during the period. Brighton Jones LLC’s holdings in NextEra Energy were worth $2,028,000 at the end of the most recent reporting period. 78.72% of the stock is currently owned by institutional investors and hedge funds.
NextEra Energy Company Profile
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.
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