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

NextEra Energy (NYSE:NEEGet Rating) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of $3.350-$3.600 for the period. The company issued revenue guidance of -.NextEra Energy also updated its FY 2022 guidance to $2.750-$2.850 EPS.

A number of research analysts have recently commented on the company. KeyCorp increased their target price on NextEra Energy from $87.00 to $89.00 and gave the company an overweight rating in a research report on Thursday, April 7th. Mizuho lowered their price target on NextEra Energy from $91.00 to $88.00 in a research report on Monday, January 24th. Zacks Investment Research upgraded NextEra Energy from a hold rating to a buy rating and set a $89.00 price target for the company in a research report on Tuesday, March 29th. Morgan Stanley raised their price target on NextEra Energy from $84.00 to $88.00 and gave the stock an equal weight rating in a research report on Wednesday. Finally, Wells Fargo & Company raised their price target on NextEra Energy from $102.00 to $107.00 and gave the stock an overweight rating in a research report on Monday. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, NextEra Energy currently has a consensus rating of Buy and a consensus price target of $90.25.

NYSE:NEE opened at $81.51 on Thursday. NextEra Energy has a twelve month low of $69.79 and a twelve month high of $93.73. The company has a market cap of $160.12 billion, a price-to-earnings ratio of 45.03, a price-to-earnings-growth ratio of 3.34 and a beta of 0.38. The stock has a fifty day simple moving average of $80.92 and a 200-day simple moving average of $83.46. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.12.

NextEra Energy (NYSE:NEEGet Rating) last released its earnings results on Tuesday, January 25th. The utilities provider reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.01. NextEra Energy had a return on equity of 11.10% and a net margin of 20.93%. The business had revenue of $5.05 billion during the quarter, compared to the consensus estimate of $5.79 billion. During the same period last year, the company earned $0.40 earnings per share. The business’s revenue for the quarter was up 14.8% compared to the same quarter last year. As a group, equities research analysts predict that NextEra Energy will post 2.81 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 15th. Stockholders of record on Tuesday, March 1st were paid a dividend of $0.425 per share. The ex-dividend date was Monday, February 28th. This represents a $1.70 annualized dividend and a dividend yield of 2.09%. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.39. NextEra Energy’s dividend payout ratio (DPR) is currently 93.92%.

In related news, CFO Rebecca J. Kujawa bought 7,000 shares of the business’s stock in a transaction on Friday, January 28th. The shares were bought at an average price of $71.83 per share, for a total transaction of $502,810.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Naren K. Gursahaney bought 2,000 shares of the business’s stock in a transaction on Thursday, January 27th. The stock was bought at an average price of $73.62 per share, for a total transaction of $147,240.00. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 73,691 shares of company stock worth $5,648,077. Insiders own 0.43% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of NEE. Camden National Bank grew its stake in NextEra Energy by 303.2% in the fourth quarter. Camden National Bank now owns 89,975 shares of the utilities provider’s stock valued at $6,941,000 after purchasing an additional 67,659 shares during the last quarter. Eagle Capital Management LLC grew its stake in shares of NextEra Energy by 3.9% during the second quarter. Eagle Capital Management LLC now owns 49,696 shares of the utilities provider’s stock worth $3,642,000 after acquiring an additional 1,852 shares during the last quarter. Center for Financial Planning Inc. grew its stake in shares of NextEra Energy by 4.8% during the third quarter. Center for Financial Planning Inc. now owns 34,913 shares of the utilities provider’s stock worth $2,741,000 after acquiring an additional 1,600 shares during the last quarter. Flagship Harbor Advisors LLC grew its stake in shares of NextEra Energy by 21.7% during the fourth quarter. Flagship Harbor Advisors LLC now owns 26,043 shares of the utilities provider’s stock worth $2,431,000 after acquiring an additional 4,647 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in shares of NextEra Energy by 7.4% during the fourth quarter. Integrated Wealth Concepts LLC now owns 24,186 shares of the utilities provider’s stock worth $2,258,000 after acquiring an additional 1,664 shares during the last quarter. Institutional investors own 75.89% of the company’s stock.

NextEra Energy Company Profile (Get Rating)

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, coal, and natural gas facilities. 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.

See Also

Earnings History and Estimates for NextEra Energy (NYSE:NEE)

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