NYSE:NEP NextEra Energy Partners (NEP) Stock Price, News & Analysis → Pentagon contract could send this $2 AI stock soaring (From Behind the Markets) (Ad) Free NEP Stock Alerts $29.31 +1.85 (+6.74%) (As of 02:46 PM ET) Add Compare Share Share Today's Range$28.07▼$29.8050-Day Range$26.42▼$30.3652-Week Range$20.17▼$64.43Volume2.05 million shsAverage Volume1.37 million shsMarket Capitalization$2.74 billionP/E Ratio13.76Dividend Yield12.01%Price Target$43.88 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get NextEra Energy Partners alerts: Email Address NextEra Energy Partners MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside47.8% Upside$43.88 Price TargetShort InterestBearish5.19% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.84Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth12.22%From $0.90 to $1.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.65 out of 5 starsOils/Energy Sector22nd out of 236 stocksElectric Services Industry5th out of 40 stocks 4.2 Analyst's Opinion Consensus RatingNextEra Energy Partners has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 5 buy ratings, 10 hold ratings, and no sell ratings.Amount of Analyst CoverageNextEra Energy Partners has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.19% of the outstanding shares of NextEra Energy Partners have been sold short.Short Interest Ratio / Days to CoverNextEra Energy Partners has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in NextEra Energy Partners has recently increased by 17.43%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipNextEra Energy Partners is a leading dividend payer. It pays a dividend yield of 12.97%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNextEra Energy Partners has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of NextEra Energy Partners is 165.26%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, NextEra Energy Partners will have a dividend payout ratio of 348.51% in the coming year. This indicates that NextEra Energy Partners may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NEP. Previous Next 3.2 News and Social Media Coverage News SentimentNextEra Energy Partners has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for NextEra Energy Partners this week, compared to 6 articles on an average week.Search InterestOnly 88 people have searched for NEP on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat Follows46 people have added NextEra Energy Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 39% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NextEra Energy Partners insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.14% of the stock of NextEra Energy Partners is held by insiders.Percentage Held by Institutions66.01% of the stock of NextEra Energy Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for NextEra Energy Partners are expected to grow by 12.22% in the coming year, from $0.90 to $1.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NextEra Energy Partners is 13.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.27.Price to Earnings Ratio vs. SectorThe P/E ratio of NextEra Energy Partners is 13.93, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.78.Price to Book Value per Share RatioNextEra Energy Partners has a P/B Ratio of 0.20. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsPentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...Get all the info here >>> About NextEra Energy Partners Stock (NYSE:NEP)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.Read More NEP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NEP Stock News HeadlinesApril 11, 2024 | marketbeat.com3 High Dividend Stocks to Replace Lower Savings Yields Ahead (NEP)Three stocks stand out as the most attractive dividend propositions, particularly now that savings yields may drop as a result of the Fed's rate cutsApril 9, 2024 | marketbeat.com3 High Dividend Socks to Replace Lower Savings Yields AheadMost people have not—and likely will not—realize one of the biggest side effects of the potential interest rate cuts being proposed by the Federal Reserve (the Fed). A cut in interest rates could help stimulate consumer activity, as U.S. consumer sentiment recently reached a 2021 high.April 23, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...April 23, 2024 | msn.comNEP Stock Earnings: NextEra Energy Partners Beats EPS, Misses Revenue for Q1 2024April 23, 2024 | markets.businessinsider.comAnalysts’ Top Utilities Picks: Nextera Energy Partners (NEP), Brookfield Renewable Partners (BEP)April 23, 2024 | fool.comThis High-Yield Stock's More Conservative Approach Could Pay Big Dividends Down the RoadApril 23, 2024 | fool.comWith Shares Down Nearly 70%, I'm Piling Into this Ultra-High-Yield Dividend StockApril 18, 2024 | fool.comNextEra Energy Partners: Buy, Sell, or Hold?April 23, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...April 17, 2024 | seekingalpha.comNextEra Energy Partners: Lower For LongerApril 16, 2024 | americanbankingnews.comNextEra Energy Partners (NEP) to Release Quarterly Earnings on TuesdayApril 13, 2024 | americanbankingnews.comNextEra Energy Partners, LP (NYSE:NEP) Given Consensus Rating of "Hold" by BrokeragesApril 11, 2024 | fool.comIs It Too Late to Buy Ultra-High-Yield NextEra Energy Partners Stock?April 10, 2024 | fool.comWhy NextEra Energy Partners, Lumen Technologies, and Tellurian All Plunged TodayApril 9, 2024 | prnewswire.comNextEra Energy Partners, LP announces date for release of first-quarter 2024 financial resultsApril 9, 2024 | prnewswire.comNextEra Energy announces date for release of first-quarter 2024 financial resultsApril 8, 2024 | finance.yahoo.comWith 80% institutional ownership, NextEra Energy, Inc. (NYSE:NEE) is a favorite amongst the big gunsApril 2, 2024 | fool.comGot $1,000? This Ultra-High-Yield Dividend Stock Could Generate High-Powered Total Returns.April 2, 2024 | finance.yahoo.comReturns At NextEra Energy (NYSE:NEE) Are On The Way UpMarch 31, 2024 | fool.comBull Market Buys: 2 Dividend Stocks to Own for the Long RunMarch 27, 2024 | finance.yahoo.com20 US States with the Highest Electricity ConsumptionMarch 23, 2024 | fool.comNextEra Energy Partners Investors Should Be Watching This Acquisition Very Closely. Here's Why.March 23, 2024 | fool.comWhy I Keep Loading Up on These High-Yielding, Renewable-Energy Dividend StocksMarch 20, 2024 | markets.businessinsider.comSeaport Global Reaffirms Their Sell Rating on Nextera Energy Partners (NEP)March 19, 2024 | finance.yahoo.comDoes NextEra Energy, Inc. (NYSE:NEE) Create Value For Shareholders?March 19, 2024 | finance.yahoo.com11 Best Electrical Infrastructure Stocks to Buy NowMarch 18, 2024 | finance.yahoo.comAI Driving US Electricity Growth Rate By 81%, NextEra SaysSee More Headlines Receive NEP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NextEra Energy Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/25/2024Ex-Dividend for 2/14 Dividend2/05/2024Dividend Payable2/14/2024Today4/23/2024Next Earnings (Confirmed)4/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Electric services Sub-IndustryN/A Current SymbolNYSE:NEP CUSIPN/A CIK1603145 Webwww.nexteraenergy.com Phone(561) 694-4000FaxN/AEmployeesN/AYear Founded2014Price Target and Rating Average Stock Price Target$43.88 High Stock Price Target$81.00 Low Stock Price Target$20.00 Potential Upside/Downside+48.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$2.13 Trailing P/E Ratio13.91 Forward P/E Ratio32.92 P/E GrowthN/ANet Income$200 million Net Margins16.00% Pretax Margin-23.84% Return on Equity-1.06% Return on Assets-0.67% Debt Debt-to-Equity Ratio0.35 Current Ratio1.33 Quick Ratio1.28 Sales & Book Value Annual Sales$1.08 billion Price / Sales2.57 Cash Flow$4.50 per share Price / Cash Flow6.58 Book Value$150.50 per share Price / Book0.20Miscellaneous Outstanding Shares93,430,000Free Float93,301,000Market Cap$2.77 billion OptionableOptionable Beta1.00 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. John W. Ketchum (Age 53)Chairman & CEO Ms. Rebecca J. Kujawa (Age 48)President & Director Mr. Terrell Kirk Crews II (Age 46)CFO & Director Mr. James Michael May (Age 47)Controller & Chief Accounting Officer Mr. Charles E. Sieving (Age 51)General Counsel Mr. Mark E. Hickson (Age 56)Executive VP of Strategy & Corporate Development and Director Mr. William Scott SeeleyCorporate SecretaryMr. Michael H. Dunne (Age 48)Treasurer & Assistant Secretary More ExecutivesKey CompetitorsAtlantica Sustainable InfrastructureNASDAQ:AYReNew Energy GlobalNASDAQ:RNWEnlight Renewable EnergyNASDAQ:ENLTOrmat TechnologiesNYSE:ORACentral PuertoNYSE:CEPUView All CompetitorsInsiders & InstitutionsRaymond James Financial Services Advisors Inc.Bought 22,923 shares on 4/23/2024Ownership: 0.203%Loring Wolcott & Coolidge Fiduciary Advisors LLP MASold 840 shares on 4/23/2024Ownership: 0.004%Raymond James & AssociatesBought 221,063 shares on 4/22/2024Ownership: 0.809%Parsons Capital Management Inc. RISold 1,348 shares on 4/22/2024Ownership: 0.049%Aurora Private Wealth Inc.Bought 7,512 shares on 4/22/2024Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions NEP Stock Analysis - Frequently Asked Questions Should I buy or sell NextEra Energy Partners stock right now? 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last twelve months. There are currently 10 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NEP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NEP, but not buy additional shares or sell existing shares. View NEP analyst ratings or view top-rated stocks. What is NextEra Energy Partners' stock price target for 2024? 15 brokers have issued 1-year target prices for NextEra Energy Partners' shares. Their NEP share price targets range from $20.00 to $81.00. On average, they anticipate the company's share price to reach $43.88 in the next year. This suggests a possible upside of 47.8% from the stock's current price. View analysts price targets for NEP or view top-rated stocks among Wall Street analysts. How have NEP shares performed in 2024? NextEra Energy Partners' stock was trading at $30.41 at the beginning of 2024. Since then, NEP stock has decreased by 2.4% and is now trading at $29.68. View the best growth stocks for 2024 here. When is NextEra Energy Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024. View our NEP earnings forecast. How were NextEra Energy Partners' earnings last quarter? NextEra Energy Partners, LP (NYSE:NEP) issued its earnings results on Thursday, January, 25th. The solar energy provider reported ($0.35) EPS for the quarter, missing analysts' consensus estimates of $0.03 by $0.38. The solar energy provider earned $232 million during the quarter, compared to analysts' expectations of $360.03 million. NextEra Energy Partners had a negative trailing twelve-month return on equity of 1.06% and a net margin of 16.00%. How often does NextEra Energy Partners pay dividends? What is the dividend yield for NextEra Energy Partners? NextEra Energy Partners declared a quarterly dividend on Wednesday, January 24th. Stockholders of record on Tuesday, February 6th will be paid a dividend of $0.88 per share on Wednesday, February 14th. This represents a $3.52 annualized dividend and a yield of 11.86%. The ex-dividend date is Monday, February 5th. This is a boost from the stock's previous quarterly dividend of $0.87. Read our dividend analysis for NEP. Is NextEra Energy Partners a good dividend stock? NextEra Energy Partners (NYSE:NEP) pays an annual dividend of $3.52 per share and currently has a dividend yield of 12.97%. NEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 165.26%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NEP will have a dividend payout ratio of 348.51% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for NEP. What ETFs hold NextEra Energy Partners' stock? ETFs with the largest weight of NextEra Energy Partners (NYSE:NEP) stock in their portfolio include BNY Mellon Global Infrastructure Income ETF (BKGI), Gabelli Love Our Planet & People ETF (LOPP), ALPS Clean Energy ETF (ACES), ClearBridge Sustainable Infrastructure ETF (INFR), Goldman Sachs ETF Trust Goldman (GPOW), Global X Renewable Energy Producers ETF (RNRG), Xtrackers US Green Infrastructure Select Equity ETF (UPGR) and Formidable ETF (FORH). What other stocks do shareholders of NextEra Energy Partners own? Based on aggregate information from My MarketBeat watchlists, some companies that other NextEra Energy Partners investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Hawkins (HWKN), Athabasca Oil (ATH), Och-Ziff Capital Management Group (OZM), Precision Drilling (PD) and Transocean (RIG). Who are NextEra Energy Partners' major shareholders? NextEra Energy Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Raymond James & Associates (0.81%), Raymond James Financial Services Advisors Inc. (0.20%), Walnut Private Equity Partners LLC (0.14%), Miller Howard Investments Inc. NY (0.06%), Abundance Wealth Counselors (0.05%) and Parsons Capital Management Inc. RI (0.05%). View institutional ownership trends. How do I buy shares of NextEra Energy Partners? Shares of NEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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