NYSE:NEP NextEra Energy Partners (NEP) Stock Price, News & Analysis → Biden replacement revealed? (From Paradigm Press) (Ad) Free NEP Stock Alerts $28.60 +0.24 (+0.85%) (As of 05/1/2024 ET) Add Compare Share Share Today's Range$28.24▼$29.1150-Day Range$26.42▼$30.3652-Week Range$20.17▼$63.89Volume1.30 million shsAverage Volume1.38 million shsMarket Capitalization$2.68 billionP/E Ratio9.38Dividend Yield12.31%Price Target$41.60 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/Downside45.4% Upside$41.60 Price TargetShort InterestBearish5.64% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.11Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth-44.16%From $1.54 to $0.86 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.4.32 out of 5 starsOils/Energy Sector42nd out of 234 stocksElectric Services Industry11th out of 39 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 Shorted5.64% 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 3.9, 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 8.87%, 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 12.06%, 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 115.41%. 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 409.30% 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 3.4 News and Social Media Coverage News SentimentNextEra Energy Partners has a news sentiment score of 1.11. 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 0.45 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 87 people have searched for NEP on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.MarketBeat Follows44 people have added NextEra Energy Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 57% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for NextEra Energy Partners are expected to decrease by -44.16% in the coming year, from $1.54 to $0.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NextEra Energy Partners is 9.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.30.Price to Earnings Ratio vs. SectorThe P/E ratio of NextEra Energy Partners is 9.38, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.35.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 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.May 1, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.April 30, 2024 | finance.yahoo.comThe Zacks Analyst Blog Highlights NVIDIA, Alphabet, Amazon, NextEra Energy and Marriott InternationalApril 27, 2024 | fool.comCatalyst Watch: This Beaten-Down, High-Yield Dividend Stock Is Working on a Long-Term Solution to Its Biggest IssueApril 27, 2024 | americanbankingnews.comNextEra Energy Partners (NYSE:NEP) Earns "Market Perform" Rating from OppenheimerApril 25, 2024 | fool.comThese 3 High-Yield Dividend Stocks Are Set to Soar in 2024 and BeyondApril 25, 2024 | msn.comNextEra Energy Partners raises dividend by 1.45 to $0.8925May 1, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.April 24, 2024 | fool.comNextEra Energy Partners Shines in Q1April 24, 2024 | markets.businessinsider.comOppenheimer Keeps Their Hold Rating on Nextera Energy Partners (NEP)April 24, 2024 | washingtonpost.comProsperity Bancshares: Q1 Earnings SnapshotApril 24, 2024 | fool.comThis Ultra-High-Yield Dividend Stock Continues to Grow Despite its ChallengesApril 23, 2024 | seekingalpha.comWhat NextEra Energy Partners' Q1 Results Mean For Its DividendApril 23, 2024 | msn.comNextEra Energy Partners (NEP) Q1 2024 Earnings Call TranscriptApril 23, 2024 | fool.comWhy NextEra Energy Partners Stock Popped 8.8% TodayApril 23, 2024 | msn.comNEP Stock Earnings: NextEra Energy Partners Beats EPS, Misses Revenue for Q1 2024April 23, 2024 | seekingalpha.comNextEra Energy Partners, LP Common Units 2024 Q1 - Results - Earnings Call PresentationApril 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 17, 2024 | seekingalpha.comNextEra Energy Partners: Lower For LongerApril 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 resultsSee 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 Ex-Dividend for 2/14 Dividend2/05/2024Dividend Payable2/14/2024Last Earnings4/22/2024Today5/01/2024Ex-Dividend for 5/15 Dividend5/06/2024Dividend Payable5/15/2024Next Earnings (Estimated)7/23/2024Fiscal 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$41.60 High Stock Price Target$81.00 Low Stock Price Target$20.00 Potential Upside/Downside+45.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$3.05 Trailing P/E Ratio9.38 Forward P/E Ratio18.58 P/E GrowthN/ANet Income$200 million Net Margins23.55% Pretax Margin-1.41% Return on Equity-0.48% Return on Assets-0.30% Debt Debt-to-Equity Ratio0.35 Current Ratio1.36 Quick Ratio1.31 Sales & Book Value Annual Sales$1.08 billion Price / Sales2.48 Cash Flow$4.04 per share Price / Cash Flow7.08 Book Value$149.43 per share Price / Book0.19Miscellaneous Outstanding Shares93,540,000Free Float93,408,000Market Cap$2.68 billion OptionableOptionable Beta1.00 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.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:ENLTCentral PuertoNYSE:CEPUOrmat TechnologiesNYSE:ORAView All CompetitorsInstitutional OwnershipMirae Asset Global Investments Co. Ltd.Bought 7,372 shares on 5/1/2024Ownership: 0.043%Naples Global Advisors LLCSold 2,835 shares on 4/30/2024Ownership: 0.040%Private Advisor Group LLCBought 22,558 shares on 4/30/2024Ownership: 0.024%Commonwealth Equity Services LLCBought 17,173 shares on 4/29/2024Ownership: 0.064%Verity & Verity LLCBought 4,560 shares on 4/24/2024Ownership: 0.005%View All Institutional Transactions NEP Stock Analysis - Frequently Asked Questions Should I buy or sell NextEra Energy Partners stock right now? 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy Partners in the last year. There are currently 10 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 12-month target prices for NextEra Energy Partners' stock. Their NEP share price targets range from $20.00 to $81.00. On average, they anticipate the company's share price to reach $41.60 in the next twelve months. This suggests a possible upside of 45.4% 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 5.9% and is now trading at $28.61. 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, July 23rd 2024. View our NEP earnings forecast. How were NextEra Energy Partners' earnings last quarter? NextEra Energy Partners, LP (NYSE:NEP) posted its quarterly earnings data on Monday, April, 22nd. The solar energy provider reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.63. The solar energy provider had revenue of $257 million for the quarter, compared to the consensus estimate of $331.78 million. NextEra Energy Partners had a negative trailing twelve-month return on equity of 0.48% and a net margin of 23.55%. The firm's quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the company earned ($0.17) earnings per share. 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 Tuesday, April 23rd. Investors of record on Tuesday, May 7th will be paid a dividend of $0.8925 per share on Wednesday, May 15th. This represents a $3.57 dividend on an annualized basis and a yield of 12.48%. The ex-dividend date is Monday, May 6th. This is an increase from the stock's previous quarterly dividend of $0.88. 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 12.06%. 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 115.41%. 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 409.30% 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 many different institutional and retail investors. Top institutional shareholders include Raymond James & Associates (0.81%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.34%), Raymond James Financial Services Advisors Inc. (0.20%), Walnut Private Equity Partners LLC (0.14%), Commonwealth Equity Services LLC (0.06%) and Miller Howard Investments Inc. NY (0.06%). 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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