Seaport Res Ptn Comments on NextEra Energy FY2027 Earnings

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NextEra Energy, Inc. (NYSE:NEE - Free Report) - Research analysts at Seaport Res Ptn increased their FY2027 earnings estimates for shares of NextEra Energy in a report released on Wednesday, September 3rd. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings per share of $4.33 for the year, up from their previous forecast of $4.32. The consensus estimate for NextEra Energy's current full-year earnings is $3.68 per share. Seaport Res Ptn also issued estimates for NextEra Energy's FY2028 earnings at $4.59 EPS.

NextEra Energy (NYSE:NEE - Get Free Report) last released its earnings results on Wednesday, July 23rd. The utilities provider reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. NextEra Energy had a net margin of 22.84% and a return on equity of 12.31%. The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.52 billion. During the same period last year, the firm earned $0.96 EPS. The business's quarterly revenue was up 10.4% compared to the same quarter last year.

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Several other research firms also recently commented on NEE. Morgan Stanley reiterated an "overweight" rating on shares of NextEra Energy in a research report on Thursday, August 21st. BMO Capital Markets lifted their target price on shares of NextEra Energy from $77.00 to $81.00 and gave the stock an "outperform" rating in a research report on Monday, July 21st. Melius Research upgraded shares of NextEra Energy to a "strong-buy" rating in a research report on Wednesday, August 20th. Mizuho set a $78.00 target price on shares of NextEra Energy in a research report on Thursday, August 21st. Finally, Erste Group Bank downgraded shares of NextEra Energy from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 8th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $84.00.

Get Our Latest Stock Analysis on NextEra Energy

NextEra Energy Trading Down 1.3%

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NEE opened at $71.69 on Thursday. The company's 50 day moving average is $73.28 and its 200-day moving average is $71.01. NextEra Energy has a 1-year low of $61.72 and a 1-year high of $86.10. The company has a current ratio of 0.54, a quick ratio of 0.45 and a debt-to-equity ratio of 1.36. The company has a market cap of $147.62 billion, a P/E ratio of 25.07, a PEG ratio of 2.48 and a beta of 0.65.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Arkfeld Wealth Strategies L.L.C. increased its stake in NextEra Energy by 0.9% during the 2nd quarter. Arkfeld Wealth Strategies L.L.C. now owns 15,249 shares of the utilities provider's stock valued at $1,140,000 after purchasing an additional 136 shares in the last quarter. Veltria Advisors Corp. raised its holdings in NextEra Energy by 4.8% during the second quarter. Veltria Advisors Corp. now owns 3,024 shares of the utilities provider's stock worth $210,000 after buying an additional 139 shares during the last quarter. Pine Haven Investment Counsel Inc raised its holdings in NextEra Energy by 2.3% during the second quarter. Pine Haven Investment Counsel Inc now owns 6,350 shares of the utilities provider's stock worth $441,000 after buying an additional 140 shares during the last quarter. McKinley Carter Wealth Services Inc. raised its holdings in NextEra Energy by 0.4% during the second quarter. McKinley Carter Wealth Services Inc. now owns 33,925 shares of the utilities provider's stock worth $2,355,000 after buying an additional 142 shares during the last quarter. Finally, Tradition Wealth Management LLC raised its holdings in NextEra Energy by 2.2% during the first quarter. Tradition Wealth Management LLC now owns 6,625 shares of the utilities provider's stock worth $470,000 after buying an additional 143 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company's stock.

Insider Activity at NextEra Energy

In other news, Treasurer James Michael May sold 2,177 shares of NextEra Energy stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $77.50, for a total value of $168,717.50. Following the completion of the sale, the treasurer owned 27,662 shares in the company, valued at $2,143,805. The trade was a 7.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Robert Coffey sold 7,500 shares of the business's stock in a transaction on Monday, July 28th. The shares were sold at an average price of $71.84, for a total transaction of $538,800.00. Following the transaction, the executive vice president owned 26,539 shares in the company, valued at $1,906,561.76. The trade was a 22.03% decrease in their position. The disclosure for this sale can be found here. 0.18% of the stock is currently owned by company insiders.

NextEra Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Thursday, August 28th will be issued a dividend of $0.5665 per share. The ex-dividend date is Thursday, August 28th. This represents a $2.27 annualized dividend and a yield of 3.2%. NextEra Energy's dividend payout ratio (DPR) is presently 79.37%.

NextEra Energy Company Profile

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,natural gas, and other clean energy. 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.

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