Zacks Research Has Positive Outlook for NEP Q2 Earnings

NextEra Energy Partners, LP (NYSE:NEP) – Equities research analysts at Zacks Research lifted their Q2 2025 EPS estimates for shares of NextEra Energy Partners in a research report issued to clients and investors on Wednesday, November 13th. Zacks Research analyst J. Saha now forecasts that the solar energy provider will post earnings per share of $0.34 for the quarter, up from their prior estimate of $0.27. The consensus estimate for NextEra Energy Partners’ current full-year earnings is $1.41 per share. Zacks Research also issued estimates for NextEra Energy Partners’ Q2 2026 earnings at $0.21 EPS.

NEP has been the topic of a number of other research reports. Mizuho lowered their target price on NextEra Energy Partners from $33.00 to $26.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. Jefferies Financial Group dropped their price objective on shares of NextEra Energy Partners from $28.00 to $27.00 and set a “buy” rating on the stock in a research note on Thursday, October 24th. UBS Group decreased their target price on shares of NextEra Energy Partners from $28.00 to $27.00 and set a “neutral” rating for the company in a research note on Monday, September 30th. Barclays restated an “underweight” rating and set a $25.00 price target on shares of NextEra Energy Partners in a research report on Friday, October 4th. Finally, CIBC decreased their price objective on shares of NextEra Energy Partners from $34.00 to $32.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $26.69.

NextEra Energy Partners Price Performance

Shares of NEP opened at $16.45 on Friday. The business’s 50-day moving average is $23.42 and its two-hundred day moving average is $26.64. The company has a market capitalization of $1.54 billion, a P/E ratio of 7.55 and a beta of 1.10. NextEra Energy Partners has a fifty-two week low of $15.55 and a fifty-two week high of $35.15. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.78 and a current ratio of 2.02.

NextEra Energy Partners (NYSE:NEP) last released its quarterly earnings data on Wednesday, October 23rd. The solar energy provider reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.94). The business had revenue of $319.00 million during the quarter, compared to analyst estimates of $332.25 million. NextEra Energy Partners had a negative return on equity of 1.07% and a net margin of 17.47%. The firm’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.57 EPS.

NextEra Energy Partners Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Wednesday, November 6th were given a $0.9175 dividend. This represents a $3.67 annualized dividend and a dividend yield of 22.31%. The ex-dividend date was Wednesday, November 6th. This is an increase from NextEra Energy Partners’s previous quarterly dividend of $0.91. NextEra Energy Partners’s dividend payout ratio (DPR) is 168.35%.

Institutional Trading of NextEra Energy Partners

Several large investors have recently made changes to their positions in the company. ClearBridge Investments Ltd boosted its stake in NextEra Energy Partners by 6.4% during the 1st quarter. ClearBridge Investments Ltd now owns 4,161,433 shares of the solar energy provider’s stock worth $125,176,000 after purchasing an additional 250,456 shares during the last quarter. M&G PLC boosted its position in NextEra Energy Partners by 19.3% during the third quarter. M&G PLC now owns 3,062,083 shares of the solar energy provider’s stock worth $85,738,000 after acquiring an additional 496,383 shares during the last quarter. M&G Plc purchased a new stake in NextEra Energy Partners during the 1st quarter valued at about $83,069,000. Redwood Grove Capital LLC raised its holdings in NextEra Energy Partners by 19.7% in the 3rd quarter. Redwood Grove Capital LLC now owns 982,235 shares of the solar energy provider’s stock valued at $27,129,000 after acquiring an additional 161,436 shares during the last quarter. Finally, abrdn plc lifted its stake in NextEra Energy Partners by 6.2% in the 3rd quarter. abrdn plc now owns 850,200 shares of the solar energy provider’s stock worth $23,483,000 after purchasing an additional 49,400 shares in the last quarter. 66.01% of the stock is currently owned by hedge funds and other institutional investors.

NextEra Energy Partners Company Profile

NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects. The company owns contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is based in Juno Beach, Florida.