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

NextEra Energy (NYSE:NEE) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 3.450-3.700 for the period, compared to the consensus EPS estimate of 3.690. 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 brokerages have issued reports on NEE. StockNews.com raised shares of NextEra Energy from a sell rating to a hold rating in a report on Thursday, May 2nd. Wells Fargo & Company reaffirmed an overweight rating and set a $95.00 price objective on shares of NextEra Energy in a report on Wednesday, June 12th. BMO Capital Markets increased their price objective on shares of NextEra Energy from $79.00 to $83.00 and gave the company an outperform rating in a report on Monday, July 15th. Mizuho lowered shares of NextEra Energy from a buy rating to a neutral rating and set a $71.00 price objective for the company. in a report on Wednesday, June 12th. Finally, Citigroup increased their price objective on shares of NextEra Energy from $69.00 to $84.00 and gave the company a buy rating in a report on Thursday, June 27th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus price target of $78.29.

NextEra Energy Trading Up 1.0 %

NEE stock traded up $0.81 during midday trading on Friday, reaching $79.20. The company’s stock had a trading volume of 14,513,109 shares, compared to its average volume of 10,270,118. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.41 and a current ratio of 0.49. The stock has a fifty day simple moving average of $73.93 and a two-hundred day simple moving average of $66.68. NextEra Energy has a 1 year low of $47.15 and a 1 year high of $80.56. The firm has a market capitalization of $162.78 billion, a price-to-earnings ratio of 21.58, a PEG ratio of 2.84 and a beta of 0.54.

NextEra Energy (NYSE:NEE) last released its earnings results on Wednesday, July 24th. The utilities provider reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.03. NextEra Energy had a return on equity of 11.75% and a net margin of 24.45%. The business had revenue of $6.07 billion for the quarter, compared to analyst estimates of $7.29 billion. During the same quarter last year, the firm posted $0.88 earnings per share. On average, equities research analysts predict that NextEra Energy will post 3.39 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, August 30th will be paid a dividend of $0.515 per share. The ex-dividend date is Friday, August 30th. This represents a $2.06 annualized dividend and a dividend yield of 2.60%. NextEra Energy’s dividend payout ratio is currently 56.13%.

Insider Activity

In other 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 transaction, the executive vice president now owns 100 shares in the company, valued at $7,697. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.18% of the company’s stock.

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.