S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought

NextEra Energy (NEE) Stock Forecast, Price & News

$68.92
+0.63 (+0.92%)
(As of 08/11/2023 08:48 PM ET)
Compare
Today's Range
$68.16
$68.94
50-Day Range
$68.29
$75.90
52-Week Range
$67.91
$91.35
Volume
6.52 million shs
Average Volume
8.14 million shs
Market Capitalization
$139.47 billion
P/E Ratio
17.06
Dividend Yield
2.71%
Price Target
$91.36

NextEra Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
32.6% Upside
$91.36 Price Target
Short Interest
Healthy
0.87% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.21
Upright™ Environmental Score
News Sentiment
1.14mentions of NextEra Energy in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$1.01 M Bought Last Quarter
Proj. Earnings Growth
9.32%
From $3.11 to $3.40 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.18 out of 5 stars

Utilities Sector

1st out of 89 stocks

Electric Services Industry

1st out of 44 stocks


NEE stock logo

About NextEra Energy (NYSE:NEE) Stock

NextEra Energy, Inc. is the largest electric utility holding company in the US. It operates a network of power generation and distribution facilities that include fossil-fuel-generated and green energy. As of mid-2022, the company was capable of generating 58 GW of electricity with nearly 60% of the load produced by green sources including wind and solar. In their view, going green isn’t an option, it’s the solution. NextEra Energy has been recognized multiple times as a leader in clean energy and ESG practices and was ranked the #1 electric and gas utility on the Forbes list of Most Admired Companies.

The company is the result of several mergers that begin with FPL Group. FPL Group is now a subsidiary of NextEra Energy and the third-largest provider of electricity in the US servicing nearly half of Florida. FPL and its affiliates are the single largest provider of renewable energy generated from wind and sun. The group changed its name in 2010 following a decision to shift focus onto renewable energy sources.

Today, NextEra Energy, Inc through its subsidiary FPL serves about 12 million people in eastern and southwestern Florida. The company employs nearly 14,900 people who service 5.8 million accounts. The company is in business to generate, transmit, and distribute electricity to retail and wholesale clients. Electricity is generated through wind, solar, nuclear, natural gas, and coal-fired facilities.

The company is also engaged in the construction and operation of new facilities, specifically renewable power generation, storage, and delivery facilities, and can offer custom solutions tailored to any need. Offerings include tailored services to assist businesses with their transition to clean energy.

NextEra Energy also owns and operates 7 nuclear power stations in Florida, New Hampshire, and Wisconsin generating power for the wholesale market.

Unlike other companies that are targeting net-zero emissions, NextEra Energy has a plan to reach real zero and is investing heavily to reach that goal by 2045. The company had invested nearly $50 billion in green energy infrastructure and initiatives by mid-2022. The plan is to first work on reducing its own emissions and then take its knowledge and expertise to the world.

 

NEE Price History

NEE Stock News Headlines

NextEra Energy: Power Your Income Portfolio With Green Energy
NextEra Energy can electrify an income portfolio with its 2.5% yield and outlook for double-digit distribution growth this year and next.
Is This Sector Setting Up For An Explosive Breakout? (NEE)
Despite a slight decline year-to-date, the XLU's steady recovery and contracting consolidation signal a potential breakout might be on the horizon.
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Better Stock Buy: NextEra Energy vs. Black Hills
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
2 Stocks Down 33% and 52% to Buy Right Now
RBC Capital Sticks to Its Buy Rating for NextEra Energy (NEE)
NextEra Energy Q2 earnings on deck, what to expect
See More Headlines
Receive NEE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for NextEra Energy and its competitors with MarketBeat's FREE daily newsletter.

NEE Company Calendar

Ex-Dividend for 6/15 Dividend
5/26/2023
Dividend Payable
6/15/2023
Last Earnings
7/25/2023
Today
8/13/2023
Ex-Dividend for 9/15 Dividend
8/29/2023
Dividend Payable
9/15/2023
Next Earnings (Estimated)
10/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
65339F10
Employees
9,300
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$91.36
High Stock Price Forecast
$109.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
+32.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$4.15 billion
Pretax Margin
32.32%

Debt

Sales & Book Value

Annual Sales
$20.96 billion
Cash Flow
$5.30 per share
Book Value
$26.47 per share

Miscellaneous

Outstanding Shares
2,023,710,000
Free Float
2,016,024,000
Market Cap
$139.47 billion
Optionable
Optionable
Beta
0.46

Social Links

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

Key Executives

  • Mr. John W. KetchumMr. John W. Ketchum (Age 52)
    Pres, CEO & Chairman
    Comp: $6.32M
  • Mr. Terrell Kirk Crews IIMr. Terrell Kirk Crews II (Age 45)
    Exec. VP of Fin. & CFO
    Comp: $1.74M
  • Mr. Charles E. SievingMr. Charles E. Sieving (Age 50)
    Exec. VP and Chief Legal, Environmental & Federal Regulatory Affairs Officer
    Comp: $2.79M
  • Ms. Deborah H. CaplanMs. Deborah H. Caplan (Age 60)
    Exec. VP of HR & Corp. Services
    Comp: $1.95M
  • Ms. Rebecca J. KujawaMs. Rebecca J. Kujawa (Age 47)
    Pres & CEO of NextEra Energy Resources
    Comp: $3.13M
  • Mr. James Michael May (Age 46)
    VP, Controller & Chief Accounting Officer
  • Ms. Jessica Geoffroy
    Director of Investor Relations
  • Mr. William Scott Seeley
    VP of Compliance & Corp. Sec.
  • Mr. David Paul Reuter
    VP & Chief Communications & Marketing Officer
  • Mr. Mark E. Hickson (Age 55)
    Exec. VP of Corp. Devel. & Strategy













NEE Stock - Frequently Asked Questions

Should I buy or sell NextEra Energy stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy in the last year. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NEE shares.
View NEE analyst ratings
or view top-rated stocks.

What is NextEra Energy's stock price forecast for 2023?

10 brokerages have issued 1 year target prices for NextEra Energy's shares. Their NEE share price forecasts range from $80.00 to $109.00. On average, they predict the company's stock price to reach $91.36 in the next year. This suggests a possible upside of 32.6% from the stock's current price.
View analysts price targets for NEE
or view top-rated stocks among Wall Street analysts.

How have NEE shares performed in 2023?

NextEra Energy's stock was trading at $83.60 at the beginning of the year. Since then, NEE stock has decreased by 17.6% and is now trading at $68.92.
View the best growth stocks for 2023 here
.

When is NextEra Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023.
View our NEE earnings forecast
.

How were NextEra Energy's earnings last quarter?

NextEra Energy, Inc. (NYSE:NEE) issued its earnings results on Tuesday, July, 25th. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.07. The utilities provider had revenue of $7.35 billion for the quarter, compared to the consensus estimate of $6.68 billion. NextEra Energy had a net margin of 30.05% and a trailing twelve-month return on equity of 12.25%. During the same quarter last year, the business posted $0.81 EPS.
Read the conference call transcript
.

How often does NextEra Energy pay dividends? What is the dividend yield for NextEra Energy?

NextEra Energy announced a quarterly dividend on Thursday, July 27th. Stockholders of record on Wednesday, August 30th will be paid a dividend of $0.4675 per share on Friday, September 15th. This represents a $1.87 annualized dividend and a dividend yield of 2.71%. The ex-dividend date of this dividend is Tuesday, August 29th.
Read our dividend analysis for NEE
.

Is NextEra Energy a good dividend stock?

NextEra Energy (NYSE:NEE) pays an annual dividend of $1.87 per share and currently has a dividend yield of 2.71%. The company has been increasing its dividend for 30 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 46.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NEE will have a dividend payout ratio of 55.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NEE.

When did NextEra Energy's stock split?

NextEra Energy shares split on Tuesday, October 27th 2020. The 4-1 split was announced on Monday, September 14th 2020. The newly created shares were issued to shareholders after the market closes on Monday, October 26th 2020. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

What guidance has NextEra Energy issued on next quarter's earnings?

NextEra Energy issued an update on its FY 2026 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of $3.63-$4.00 for the period. The company issued revenue guidance of -.

What is James L. Robo's approval rating as NextEra Energy's CEO?

268 employees have rated NextEra Energy Chief Executive Officer James L. Robo on Glassdoor.com. James L. Robo has an approval rating of 87% among the company's employees.

What other stocks do shareholders of NextEra Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NextEra Energy investors own include AT&T (T), Johnson & Johnson (JNJ), NVIDIA (NVDA), Walt Disney (DIS), AbbVie (ABBV), Cisco Systems (CSCO), Home Depot (HD), Verizon Communications (VZ), Intel (INTC) and JPMorgan Chase & Co. (JPM).

What is NextEra Energy's stock symbol?

NextEra Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEE."

Who are NextEra Energy's major shareholders?

NextEra Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (65.10%), Geode Capital Management LLC (1.81%), Northern Trust Corp (1.11%), Bank of New York Mellon Corp (0.91%), Artisan Partners Limited Partnership (0.53%) and Charles Schwab Investment Management Inc. (0.50%). Insiders that own company stock include Amy B Lane, Armando Pimentel Jr, Charles E Sieving, Charles E Sieving, Deborah H Caplan, Deborah H Caplan, Eric E Silagy, James L Robo, James L Robo, James Lawrence Camaren, James Michael May, John W Ketchum, John W Ketchum, Kirk S Hachigian, Miguel Arechabala, Naren K Gursahaney, Paul I Cutler, Rebecca J Kujawa, Robert Coffey, Ronald R Reagan and Terrell Kirk Crews II.
View institutional ownership trends
.

How do I buy shares of NextEra Energy?

Shares of NEE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is NextEra Energy's stock price today?

One share of NEE stock can currently be purchased for approximately $68.92.

How much money does NextEra Energy make?

NextEra Energy (NYSE:NEE) has a market capitalization of $139.47 billion and generates $20.96 billion in revenue each year. The utilities provider earns $4.15 billion in net income (profit) each year or $4.04 on an earnings per share basis.

How many employees does NextEra Energy have?

The company employs 9,300 workers across the globe.

Does NextEra Energy have any subsidiaries?
The following companies are subsidiares of NextEra Energy: Florida City Gas, Florida Power & Light Company, Gulf Power, Gulf Power Company, NextEra Energy Capital Holdings Inc., NextEra Energy Resources LLC, Oncor Electric Delivery Company, Palms Insurance Company Limited, Palms SC Insurance Company LLC, Smart Energy Capital, and WindLogics.
Read More
How can I contact NextEra Energy?

NextEra Energy's mailing address is 700 UNIVERSE BOULEVARD, JUNO BEACH FL, 33408. The official website for the company is www.nexteraenergy.com. The utilities provider can be reached via phone at (561) 694-4000, via email at investors@nexteraenergy.com, or via fax at 561-694-4999.

This page (NYSE:NEE) was last updated on 8/14/2023 by MarketBeat.com Staff

My Account -