NextEra Energy(NEE)

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Why Is NextEra (NEE) Down 6.6% Since Last Earnings Report?
ZACKS· 2024-11-22 17:36
A month has gone by since the last earnings report for NextEra Energy (NEE) . Shares have lost about 6.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is NextEra due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. NextEra Energy's Q3 Earnings Surpass Estimates, Reve ...
Here is What to Know Beyond Why NextEra Energy, Inc. (NEE) is a Trending Stock
ZACKS· 2024-11-13 15:06
NextEra Energy (NEE) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this parent company of Florida Power & Light Co. Have returned -10.3%, compared to the Zacks S&P 500 composite's +3% change. During this period, the Zacks Utility - Electric Power industry, which NextEra falls in, has lost 0.7%. The key question now is: What could be the stock's future d ...
NextEra Energy CEO Says NuScale Energy's Business Model Isn't Worthwhile
The Motley Fool· 2024-11-09 23:06
The future of nuclear power may be small. Or maybe it won't be, if NextEra Energy's CEO is right.NuScale Power (SMR 13.01%) is an upstart looking to be at the forefront of what could be a massive overhaul of the nuclear power industry. That's the hope, anyway. However, at least one notable utility industry veteran doesn't think NuScale Power's approach to nuclear energy will work out as well as investors seem to hope right now, given the stock's rapid ascent of late (the stock is up 400% in a year!). Here's ...
NextEra Energy: Executing Well Amidst The Storm
Seeking Alpha· 2024-11-07 23:44
As expected, we saw NextEra Energy Resources (“NEER”) originations hit 3 gigawatts once againI see NextEra Energy’s (NYSE: NEE ) 3Q24 results as reaffirming my investment thesis that the company is well positioned to benefit from the expected growth to come in power demand.Outperforming the MarketOutperforming the Market is focused on helping you outperform the market while having downside protection during volatile markets by providing you with comprehensive deep dive analysis articles, the AI deep dive re ...
NextEra (NEE) Loses -7.52% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2024-11-07 15:35
A downtrend has been apparent in NextEra Energy (NEE) lately with too much selling pressure. The stock has declined 7.5% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for sp ...
NextEra Energy to participate in EEI Financial Conference and meet with investors throughout November and December
Prnewswire· 2024-11-06 23:15
JUNO BEACH, Fla., Nov. 6, 2024 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that members of the senior management team will participate in the EEI Financial Conference from Sunday, Nov. 10, 2024, through Tuesday, Nov. 12, 2024, and participate in various investor meetings throughout November and December. They plan to discuss, among other things, long-term growth-rate expectations for NextEra Energy, reaffirming the company's previously announced adjusted earnings per share expectations ...
Is the Options Market Predicting a Spike in NextEra Energy (NEE) Stock?
ZACKS· 2024-11-06 15:40
Company Overview - NextEra Energy, Inc. (NEE) is currently experiencing significant activity in the options market, particularly with the Dec 20, 2024 $42.50 Call option showing high implied volatility, indicating potential for a major price movement [1] Implied Volatility Insights - Implied volatility reflects market expectations for future price movements, with high levels suggesting that investors anticipate a significant shift in stock price, possibly due to an upcoming event [2] Analyst Sentiment - NextEra Energy holds a Zacks Rank 2 (Buy) in the Utility - Electric Power industry, which is in the top 38% of the Zacks Industry Rank. Over the past 60 days, two analysts have raised their earnings estimates for the current quarter, while one has lowered theirs, resulting in a consensus estimate increase from 53 cents to 55 cents per share [3] Trading Strategy Implications - The high implied volatility surrounding NextEra Energy may indicate a developing trading opportunity. Options traders often seek to sell premium on options with high implied volatility, aiming to benefit from the decay of the option's value if the stock does not move as much as anticipated [4]
Are Utilities Stocks Lagging NextEra Energy (NEE) This Year?
ZACKS· 2024-11-01 14:46
The Utilities group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is NextEra Energy (NEE) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.NextEra Energy is a member of our Utilities group, which includes 105 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 differen ...
How to Play NextEra Energy Stock After Q3 Earnings Beat
ZACKS· 2024-10-29 16:51
NextEra Energy (NEE) reported better-than-expected third-quarter 2024 earnings per share on Oct. 23. Earnings and revenues increased 12.8% and 5.5%, respectively, year over year. The uptick was driven by the solid performance of Florida Power & Light Company ("FPL") and NextEra Energy Resources. Courtesy of solid financial and operational performance at both businesses, NEE has reported strong earnings results. The company surpassed expectations in the last four quarters, with an average earnings surprise o ...
This Top Energy Stock Sees Limitations for a Nuclear Energy Resurgence
The Motley Fool· 2024-10-27 09:05
Core Viewpoint - NextEra Energy does not anticipate nuclear power to significantly contribute to the expected surge in U.S. energy demand over the next two decades, citing practical limitations and expressing greater optimism for renewable energy growth [1][5]. Group 1: Power Demand Surge - NextEra Energy's CEO John Ketchum indicated that the U.S. power industry is entering a period of unprecedented growth, with forecasts suggesting a sixfold increase in power demand over the next 20 years compared to the previous two decades [2]. - Data centers are a major driver of this demand, expected to add approximately 460 terawatt hours of new electricity demand at a compound annual growth rate of 22% from 2023 to 2030 [2]. Group 2: Nuclear Energy's Role - Ketchum acknowledged that while nuclear energy will play a role, there are significant limitations, including the economic feasibility of recommissioning existing plants, with only a few plants like the Duane Arnold nuclear plant in Iowa being viable [3]. - Even with successful recommissioning, nuclear power would only contribute less than 1% of the anticipated 900 gigawatts of new power capacity needed by 2040 [3]. Group 3: Limitations and Alternatives - The existing merchant nuclear generation capacity is limited, with only about 20 merchant nuclear plants in the U.S., and they are not evenly distributed, which complicates meeting new demand [3]. - New nuclear capacity options, such as utility-scale nuclear and small modular reactors (SMRs), are considered unproven and expensive, not expected to be commercially viable until the latter part of the next decade [4]. Group 4: Renewable Energy Outlook - NextEra Energy is significantly more optimistic about renewable energy, forecasting a tripling in renewables growth over the next seven years compared to the previous seven [4]. - The company believes it is well-positioned to capitalize on the anticipated surge in power demand due to its scale and experience in the renewable energy sector [4][5].