NextEra Energy (NYSE:NEE – Get Free Report) updated its FY26 earnings guidance on Tuesday. The company provided earnings per share guidance of $3.63-4.00 for the period, compared to the consensus earnings per share estimate of $4.00. NextEra Energy also updated its FY25 guidance to $3.45-3.70 EPS.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on NEE shares. Evercore ISI cut their price objective on shares of NextEra Energy from $84.00 to $79.00 and set an “in-line” rating for the company in a research report on Monday, January 27th. JPMorgan Chase & Co. lifted their price target on shares of NextEra Energy from $90.00 to $91.00 and gave the company an “overweight” rating in a research report on Tuesday, March 11th. Scotiabank boosted their price objective on shares of NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a research report on Thursday, December 12th. Jefferies Financial Group dropped their target price on shares of NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. Finally, BMO Capital Markets upped their price target on shares of NextEra Energy from $82.00 to $84.00 in a report on Monday, January 27th. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, NextEra Energy presently has an average rating of “Hold” and an average target price of $85.92.
Get Our Latest Research Report on NextEra Energy
NextEra Energy Price Performance
NextEra Energy (NYSE:NEE – Get Free Report) last announced its quarterly earnings results on Friday, January 24th. The utilities provider reported $0.53 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. As a group, research analysts predict that NextEra Energy will post 3.68 EPS for the current 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 issued a $0.5665 dividend. This represents a $2.27 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date was Friday, February 28th. This is a boost from NextEra Energy’s previous quarterly dividend of $0.52. NextEra Energy’s dividend payout ratio is currently 67.06%.
Insider Buying and Selling at NextEra Energy
In other news, CAO James Michael May sold 2,383 shares of the company’s stock in a transaction on 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 transaction, the chief accounting officer now directly owns 27,427 shares in the company, valued at approximately $1,867,504.43. This represents a 7.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.18% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On NextEra Energy
An institutional investor recently raised its position in NextEra Energy stock. Brighton Jones LLC lifted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 28,282 shares of the utilities provider’s stock after acquiring an additional 1,840 shares during the quarter. Brighton Jones LLC’s holdings in NextEra Energy were worth $2,028,000 as of its most recent filing with the SEC. 78.72% of the stock is owned by institutional investors and hedge funds.
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.
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