Headlines about NextEra Energy (NYSE:NEE) have been trending somewhat positive on Sunday, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. NextEra Energy earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 46.3698772382895 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern’s analysis:
- Nextera Energy Inc (NEE) President & CEO of Sub Armando Pimentel Jr Sold $6.7 million of Shares – GuruFocus.com (gurufocus.com)
- Kraus & Co Has $5.27 Million Holdings in NextEra Energy Inc (NEE) (nismagazine.com)
- Credit Suisse: NextEra Energy A ‘Premier Solar And Wind Play’ (finance.yahoo.com)
- Why Dominion Energy’s Free Cash Flow Might Concern Investors (finance.yahoo.com)
- NextEra Energy (NEE) Earns Outperform Rating from Analysts at Credit Suisse Group (americanbankingnews.com)
Shares of NextEra Energy (NYSE:NEE) traded up $0.85 on Friday, hitting $159.03. 1,303,051 shares of the company’s stock were exchanged, compared to its average volume of 1,457,308. The firm has a market cap of $74,807.40, a price-to-earnings ratio of 23.84, a PEG ratio of 3.17 and a beta of 0.31. NextEra Energy has a 52 week low of $114.85 and a 52 week high of $159.28. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.49 and a current ratio of 0.61.
NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Thursday, October 26th. The utilities provider reported $1.85 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.77 by $0.08. The company had revenue of $4.81 billion for the quarter, compared to analyst estimates of $4.89 billion. NextEra Energy had a net margin of 24.81% and a return on equity of 11.86%. NextEra Energy’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter last year, the business earned $1.74 EPS. equities research analysts anticipate that NextEra Energy will post 6.73 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be issued a $0.9825 dividend. The ex-dividend date is Wednesday, November 22nd. This represents a $3.93 dividend on an annualized basis and a dividend yield of 2.47%. NextEra Energy’s dividend payout ratio (DPR) is presently 44.16%.
A number of analysts recently issued reports on NEE shares. Zacks Investment Research lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. KeyCorp restated a “buy” rating and set a $155.00 target price on shares of NextEra Energy in a research report on Friday, September 1st. J P Morgan Chase & Co started coverage on shares of NextEra Energy in a research report on Thursday, September 7th. They set an “overweight” rating and a $173.00 target price on the stock. Morgan Stanley raised their target price on shares of NextEra Energy from $167.00 to $169.00 and gave the stock an “overweight” rating in a research report on Friday, September 8th. Finally, Bank of America started coverage on shares of NextEra Energy in a research report on Tuesday, October 24th. They set a “buy” rating and a $166.00 target price on the stock. Three analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $157.73.
In other NextEra Energy news, EVP John W. Ketchum sold 2,900 shares of NextEra Energy stock in a transaction on Monday, September 18th. The shares were sold at an average price of $150.00, for a total value of $435,000.00. Following the transaction, the executive vice president now owns 18,786 shares in the company, valued at approximately $2,817,900. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Armando Pimentel, Jr. sold 42,372 shares of NextEra Energy stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $157.45, for a total transaction of $6,671,471.40. Following the completion of the transaction, the chief executive officer now owns 121,958 shares in the company, valued at approximately $19,202,287.10. The disclosure for this sale can be found here. In the last quarter, insiders sold 107,757 shares of company stock worth $16,419,953. 0.53% of the stock is owned by company insiders.
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About NextEra Energy
NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power companies in North America and, through its subsidiary NextEra Energy Resources, LLC (NEER) and its affiliated entities, is the generator of renewable energy from the wind and sun. NEE also owns and/or operates generation, transmission and distribution facilities to support its services to retail and wholesale customers, and has investments in gas infrastructure assets.
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