NYSE:NEP NextEra Energy Partners (NEP) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free NEP Stock Alerts $29.00 +1.09 (+3.91%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$28.10▼$29.2550-Day Range$26.09▼$31.4852-Week Range$20.17▼$64.43Volume1.57 million shsAverage Volume1.27 million shsMarket Capitalization$2.71 billionP/E Ratio13.61Dividend Yield12.14%Price Target$47.31 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 RatingHold2.38 Rating ScoreUpside/Downside63.2% Upside$47.31 Price TargetShort InterestHealthy4.42% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.16Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth8.99%From $0.89 to $0.97 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.4.45 out of 5 starsOils/Energy Sector29th out of 241 stocksElectric Services Industry8th out of 41 stocks 3.2 Analyst's Opinion Consensus RatingNextEra Energy Partners has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 5 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.31, NextEra Energy Partners has a forecasted upside of 63.2% from its current price of $29.00.Amount of Analyst CoverageNextEra Energy Partners has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.42% 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 3.1, 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 11.32%, 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 12.61%, 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 362.89% 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 2.9 News and Social Media Coverage News SentimentNextEra Energy Partners has a news sentiment score of 1.16. 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 0.57 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for NextEra Energy Partners this week, compared to 6 articles on an average week.Search Interest108 people have searched for NEP on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.MarketBeat FollowsOnly 35 people have added NextEra Energy Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -5% 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 8.99% in the coming year, from $0.89 to $0.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NextEra Energy Partners is 13.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.41.Price to Earnings Ratio vs. SectorThe P/E ratio of NextEra Energy Partners is 13.61, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.04.Price to Earnings Growth RatioNextEra Energy Partners has a PEG Ratio of 2.12. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioNextEra Energy Partners has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. 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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 HeadlinesMarch 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 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 23, 2024 | fool.comWhy I Keep Loading Up on These High-Yielding, Renewable-Energy Dividend StocksMarch 21, 2024 | americanbankingnews.comSeaport Res Ptn Analysts Raise Earnings Estimates for NextEra Energy Partners, LP (NYSE:NEP)March 20, 2024 | americanbankingnews.comNextEra Energy Partners, LP (NYSE:NEP) to Post FY2024 Earnings of $0.66 Per Share, Seaport Res Ptn ForecastsMarch 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 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 19, 2024 | finance.yahoo.com11 Best Electrical Infrastructure Stocks to Buy NowMarch 19, 2024 | americanbankingnews.comNextEra Energy Partners, LP (NYSE:NEP) Receives Consensus Rating of "Hold" from BrokeragesMarch 19, 2024 | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Upgraded to "Sell" by StockNews.comMarch 18, 2024 | finance.yahoo.comAI Driving US Electricity Growth Rate By 81%, NextEra SaysMarch 18, 2024 | finance.yahoo.com25 Countries with the Lowest Per-Capita Carbon EmissionsMarch 5, 2024 | investorplace.com3 Must-Own Clean Energy Stocks to Supercharge Your ReturnsMarch 4, 2024 | fool.comWhy I Recently Bought More of This Beaten-Down Ultra-High-Yielding Dividend StockMarch 1, 2024 | 247wallst.comWant $10,000 in Passive Income? Invest $2,000 in Each of These Dividend StocksFebruary 29, 2024 | fool.comNextEra Energy Partners: Buy, Sell, or Hold?February 28, 2024 | fool.com1 Growth Stock Down 69% to Buy Right NowFebruary 27, 2024 | fool.com2 Dividend Stocks To Double Up On Right NowFebruary 25, 2024 | investorplace.com7 Overlooked Renewable Energy Stocks to Watch NowFebruary 21, 2024 | benzinga.comNextEra Energy: Dividend InsightsFebruary 18, 2024 | seekingalpha.comNextEra Energy Partners: Pulling Off A 12.2% Yield With 6% GrowthFebruary 18, 2024 | fool.com3 Incredible Dividend Stocks to Buy Now and Hold ForeverFebruary 17, 2024 | fool.comNot Afraid to Take On Some Risk? These Ultrahigh-Yield Dividend Stocks Could Turn $10,000 Into Nearly $1,275 of Annual IncomeFebruary 16, 2024 | fool.comThis Ultra-High-Yield Dividend Stock Has 50% Upside, According to 1 Wall Street AnalystFebruary 15, 2024 | fool.com2 Reasons to Buy NextEra Energy Stock Like There's No TomorrowSee 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 Payable2/14/2024Today3/28/2024Next Earnings (Estimated)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$47.31 High Stock Price Target$81.00 Low Stock Price Target$20.00 Potential Upside/Downside+63.2%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$2.13 Trailing P/E Ratio13.61 Forward P/E Ratio32.58 P/E Growth2.13Net 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 / Sales2.51 Cash Flow$4.28 per share Price / Cash Flow6.78 Book Value$150.50 per share Price / Book0.19Miscellaneous Outstanding Shares93,430,000Free Float93,301,000Market Cap$2.71 billion OptionableOptionable Beta1.00 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsReNew Energy GlobalNASDAQ:RNWAtlantica Sustainable InfrastructureNASDAQ:AYEnlight Renewable EnergyNASDAQ:ENLTCentral PuertoNYSE:CEPUOrmat TechnologiesNYSE:ORAView All CompetitorsInsiders & InstitutionsPNC Financial Services Group Inc.Sold 7,551 shares on 3/22/2024Ownership: 0.003%B. Riley Wealth Advisors Inc.Bought 1,179 shares on 3/15/2024Ownership: 0.009%Vanguard Group Inc.Sold 6,269 shares on 3/11/2024Ownership: 0.657%Richardson Financial Services Inc.Bought 890 shares on 3/4/2024Ownership: 0.001%Goldman Sachs Group Inc.Bought 165,667 shares on 3/1/2024Ownership: 0.468%View All Insider TransactionsView All Institutional Transactions NEP Stock Analysis - Frequently Asked Questions Should I buy or sell NextEra Energy Partners stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last twelve months. There are currently 8 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? 13 brokerages have issued 1-year price targets for NextEra Energy Partners' stock. Their NEP share price targets range from $20.00 to $81.00. On average, they expect the company's stock price to reach $47.31 in the next twelve months. This suggests a possible upside of 63.2% 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 on January 1st, 2024. Since then, NEP stock has decreased by 4.7% and is now trading at $28.9950. View the best growth stocks for 2024 here. Are investors shorting NextEra Energy Partners? NextEra Energy Partners saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 3,710,000 shares, an increase of 21.2% from the February 14th total of 3,060,000 shares. Based on an average daily volume of 1,400,000 shares, the days-to-cover ratio is presently 2.7 days. View NextEra Energy Partners' Short Interest. 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) announced its quarterly earnings data on Thursday, January, 25th. The solar energy provider reported ($0.35) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.38. The solar energy provider had revenue of $232 million for the quarter, compared to analyst estimates 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 announced a quarterly dividend on Wednesday, January 24th. Stockholders of record on Tuesday, February 6th will be given a dividend of $0.88 per share on Wednesday, February 14th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 12.14%. The ex-dividend date of this dividend is Monday, February 5th. This is an increase 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 12.61%. 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 362.89% 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 ALPS Clean Energy ETF (ACES), First Trust EIP Carbon Impact ETF (ECLN), Gabelli Love Our Planet & People ETF (LOPP), Global X Renewable Energy Producers ETF (RNRG), ClearBridge Sustainable Infrastructure ETF (INFR), First Trust North American Energy Infrastructure Fund (EMLP), BNY Mellon Global Infrastructure Income ETF (BKGI) and Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT). 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 institutional and retail investors. Top institutional investors include ClearBridge Investments Ltd (4.19%), M&G Investment Management Ltd. (3.26%), 1832 Asset Management L.P. (2.79%), Kayne Anderson Capital Advisors LP (1.78%), Beach Investment Counsel Inc. PA (1.35%) and Cbre Investment Management Listed Real Assets LLC (1.16%). 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. This page (NYSE:NEP) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding NextEra Energy Partners, LP Please log in to your account or sign up in order to add this asset to your watchlist. 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