Headlines about NextEra Energy (NYSE:NEE) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. NextEra Energy earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned news headlines about the utilities provider an impact score of 47.4172324692466 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have effected Accern’s scoring:
- Why NextEra Energy Partners LP (NYSE:NEP)’s 3.61% Dividend Is Not A Good Reason To Buy (finance.yahoo.com)
- Head-To-Head Review: American Electric Power (AEP) and NextEra Energy (NEE) (americanbankingnews.com)
- Top Utility Stocks: Analysts’ Recommendations (finance.yahoo.com)
- Seducing Stocks: DR Horton, Inc., (NYSE: DHI), NextEra Energy, Inc., (NYSE: NEE), TripAdvisor, Inc., (NASDAQ: TRIP … (productioninvestments.com)
- Bright Stocks in Review: AT&T Inc. (NYSE:T), PetMed Express, Inc. (NASDAQ:PETS), NextEra Energy, Inc. (NYSE:NEE) (journalfinance.net)
NextEra Energy opened at $168.08 on Thursday, MarketBeat reports. The firm has a market cap of $78.34 billion, a P/E ratio of 25.09, a PEG ratio of 2.49 and a beta of 0.25. NextEra Energy has a 12-month low of $138.00 and a 12-month high of $168.65. The company has a current ratio of 0.59, a quick ratio of 0.46 and a debt-to-equity ratio of 0.78.
NextEra Energy (NYSE:NEE) last released its earnings results on Tuesday, April 24th. The utilities provider reported $1.94 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.78 by $0.16. The company had revenue of $3.86 billion during the quarter, compared to the consensus estimate of $4.15 billion. NextEra Energy had a net margin of 48.13% and a return on equity of 10.91%. The company’s revenue was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.75 EPS. equities analysts expect that NextEra Energy will post 7.73 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, June 15th. Stockholders of record on Tuesday, June 5th were given a $1.11 dividend. This represents a $4.44 annualized dividend and a dividend yield of 2.64%. The ex-dividend date of this dividend was Monday, June 4th. NextEra Energy’s payout ratio is currently 66.27%.
A number of brokerages have recently commented on NEE. Morgan Stanley cut their target price on shares of NextEra Energy from $172.00 to $169.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 13th. ValuEngine raised shares of NextEra Energy from a “hold” rating to a “buy” rating in a research note on Friday, June 1st. JPMorgan Chase & Co. lifted their price target on shares of NextEra Energy from $170.00 to $171.00 and gave the stock an “overweight” rating in a research note on Thursday, April 26th. KeyCorp lifted their price target on shares of NextEra Energy from $165.00 to $168.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 18th. Finally, Zacks Investment Research downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating and set a $182.00 price target on the stock. in a research note on Wednesday, April 11th. One research analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $170.64.
In other news, Director Eric E. Silagy sold 11,114 shares of the business’s stock in a transaction dated Monday, May 14th. The shares were sold at an average price of $160.82, for a total value of $1,787,353.48. Following the completion of the sale, the director now owns 25,898 shares of the company’s stock, valued at approximately $4,164,916.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Armando Pimentel, Jr. sold 8,336 shares of the business’s stock in a transaction dated Thursday, June 14th. The stock was sold at an average price of $157.15, for a total transaction of $1,310,002.40. Following the completion of the sale, the chief executive officer now directly owns 77,139 shares of the company’s stock, valued at approximately $12,122,393.85. The disclosure for this sale can be found here. Insiders sold a total of 118,939 shares of company stock valued at $18,698,946 in the last three months. Insiders own 0.55% of the company’s stock.
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, and natural gas-fired facilities. It also provides risk management services related to power and gas consumption.
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