NextEra Energy (NYSE:NEE) Price Target Cut to $95.00 by Analysts at BMO Capital Markets

NextEra Energy (NYSE:NEE) had its price objective decreased by BMO Capital Markets from $102.00 to $95.00 in a research report sent to investors on Monday, MarketBeat.com reports. BMO Capital Markets currently has an outperform rating on the utilities provider’s stock.

Other equities research analysts have also recently issued research reports about the company. Wall Street Zen upgraded NextEra Energy from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. Scotiabank lifted their price objective on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. Weiss Ratings downgraded shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Sanford C. Bernstein set a $107.00 price objective on shares of NextEra Energy and gave the company an “outperform” rating in a research report on Tuesday, June 16th. Finally, Evercore restated an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and an average price target of $99.32.

NextEra Energy Price Performance

Shares of NYSE NEE opened at $88.00 on Monday. The business’s 50 day moving average price is $87.80 and its two-hundred day moving average price is $89.29. The company has a market cap of $183.51 billion, a PE ratio of 22.39, a price-to-earnings-growth ratio of 2.43 and a beta of 0.67. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. NextEra Energy has a twelve month low of $69.24 and a twelve month high of $98.75.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same quarter in the prior year, the company earned $0.99 earnings per share. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, analysts predict that NextEra Energy will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were paid a $0.6232 dividend. The ex-dividend date was Friday, June 5th. This represents a $2.49 annualized dividend and a yield of 2.8%. NextEra Energy’s payout ratio is 63.36%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new position in NextEra Energy during the fourth quarter worth about $25,000. Anfield Capital Management LLC grew its position in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares in the last quarter. Wealth Watch Advisors INC grew its position in shares of NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 226 shares in the last quarter. Osbon Capital Management LLC bought a new position in shares of NextEra Energy during the fourth quarter worth approximately $27,000. Finally, Strive Asset Management LLC bought a new position in shares of NextEra Energy during the third quarter worth approximately $29,000. 78.72% of the stock is owned by institutional investors and hedge funds.

NextEra Energy Company Profile

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.