NextEra Energy (NYSE:NEE) Issues FY 2025 Earnings Guidance

NextEra Energy (NYSE:NEE) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 3.450-3.700 for the period, compared to the consensus EPS estimate of 3.680. The company issued revenue guidance of -. NextEra Energy also updated its FY 2024 guidance to 3.230-3.430 EPS.

Analysts Set New Price Targets

A number of research firms have weighed in on NEE. Morgan Stanley lifted their target price on NextEra Energy from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Wednesday, September 25th. Jefferies Financial Group began coverage on NextEra Energy in a report on Thursday, September 19th. They set a “hold” rating and a $87.00 price objective for the company. Guggenheim boosted their price objective on NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday. Royal Bank of Canada lowered NextEra Energy from a “moderate buy” rating to a “hold” rating in a report on Tuesday. Finally, Scotiabank boosted their price objective on NextEra Energy from $73.00 to $92.00 and gave the stock a “sector outperform” rating in a report on Tuesday, August 20th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $86.54.

NextEra Energy Trading Down 1.7 %

NYSE NEE opened at $81.43 on Friday. The stock has a market cap of $167.30 billion, a P/E ratio of 22.19, a price-to-earnings-growth ratio of 2.92 and a beta of 0.56. NextEra Energy has a fifty-two week low of $53.81 and a fifty-two week high of $86.10. The stock has a 50 day simple moving average of $82.36 and a two-hundred day simple moving average of $76.12. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.41 and a current ratio of 0.49.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Wednesday, October 23rd. The utilities provider reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.05. The company had revenue of $7.57 billion during the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a return on equity of 11.75% and a net margin of 24.45%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.94 earnings per share. On average, analysts forecast that NextEra Energy will post 3.4 earnings per share for the current year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 22nd will be issued a dividend of $0.515 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $2.06 dividend on an annualized basis and a dividend yield of 2.53%. NextEra Energy’s dividend payout ratio (DPR) is 56.13%.

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 658 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $76.97, for a total transaction of $50,646.26. Following the completion of the transaction, the executive vice president now owns 100 shares of the company’s stock, valued at approximately $7,697. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.18% 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.