NextEra Energy(NEE)

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NextEra Energy (NEE) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-06-27 22:50
NextEra Energy (NEE) closed at $73.72 in the latest trading session, marking a +0.48% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.09%. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw an increase of 0.3%. The investment community will be closely monitoring the performance of NextEra Energy in its forthcoming earnings report. The company is expected to report EPS of $0.92, up 4.55% from the prior-year quarter. Meanwhile, our l ...
Is NextEra Energy a Millionaire Maker?
The Motley Fool· 2024-06-27 12:20
Data center electricity demand could boost existing tailwinds for solar energy. Energy company NextEra Energy (NEE 0.53%) has been a stellar investment over the years, handily outperforming the S&P 500. A $10,000 investment at the company's IPO would be worth over $700,000 today. Understandably, squeezing out life-changing investment returns gets harder as companies grow larger, and NextEra Energy carries a hefty $150 billion market cap today. Still, investors shouldn't discount NextEra Energy's wealth-buil ...
ETR or NEE: Which Is the Better Value Stock Right Now?
ZACKS· 2024-06-26 16:45
Valuation Metrics - ETR has a forward P/E ratio of 14.77, while NEE has a forward P/E of 21.45 [2] - ETR has a PEG ratio of 2.02, compared to NEE's PEG ratio of 2.50 [2] - ETR has a P/B ratio of 1.57, while NEE has a P/B ratio of 2.54 [9] Earnings Outlook - ETR is currently sporting an improving earnings outlook, making it stand out in the Zacks Rank model [3] - ETR's earnings estimate revision activity has been more impressive, indicating a stronger analyst outlook [1] Value Assessment - ETR holds a Value grade of B, while NEE has a Value grade of D [6] - The Value category highlights undervalued companies by looking at key metrics such as P/E ratio, P/S ratio, earnings yield, and cash flow per share [5] Investment Strategy - The Zacks Rank model favors stocks with strong earnings estimate revision trends and pairs them with an impressive grade in the Value category of the Style Scores system [4] - Value investors analyze traditional figures and metrics to determine if a company is undervalued at its current share price levels [8]
3 Renewable Energy Stocks That Could Make Your Grandchildren Rich
Investor Place· 2024-06-24 17:42
Source: T. Schneider / Shutterstock.com On Semiconductor (ON) anticipated to increase from $2 billion in 2021 to $6.5 billion by 2026. This is a great opportunity to expand within the relatively new renewable energy market. June 11, Shoals announced repurchasing of up to $150 million of its Class A common stock by the end of next year. The board of directors reveals great confidence in the company's long-term outlook. For the next three years, NextEra Energy plans to invest $12 billion in developing solar e ...
Is It Too Late to Buy NextEra Energy Stock?
The Motley Fool· 2024-06-23 05:08
Still, NextEra went from a stock that most investors would find appealing to one that's probably too expensive for value investors. The yield has gone from roughly average for a utility to below average, which limits its appeal for income-focused investors, too. If you're looking to maximize your passive-income stream, you've probably missed out on the opportunity to buy NextEra Energy at a historically generous yield. But the dividend growth shouldn't be ignored. NextEra Energy has been viewed as "expensiv ...
Why the Market Dipped But NextEra Energy (NEE) Gained Today
ZACKS· 2024-06-21 22:50
Shares of the parent company of Florida Power & Light Co. Witnessed a loss of 3.8% over the previous month, beating the performance of the Utilities sector with its loss of 5.2% and underperforming the S&P 500's gain of 3.15%. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.40 per share and revenue of $28.71 billion. These totals would mark changes of +7.26% and +2.11%, respectively, from last year. Our research reveals that these estimate alterations ar ...
NextEra Energy Stock Drops After Announcing Plans To Sell $2B of Equity Units
Investopedia· 2024-06-18 18:41
Do you have a news tip for Investopedia reporters? Please email us at tips@investopedia.com NextEra said it expects that after deducting the underwriting discount and other offering expenses, the sale will raise $1.94 billion. It plans to use the capital to fund investments in energy and power projects, as well as for general corporate purposes, which could include repayment of a portion of its debt. NextEra Energy shares were down 3.3% at $69.94 as of 2:30 p.m. ET Tuesday, though despite Tuesday's losses, ...
NextEra Energy Sells $2 Billion Equity Units, Stock Dips
Schaeffers Investment Research· 2024-06-18 14:33
The shares of NextEra Energy Inc (NYSE:NEE) are down 3.8% to trade at $69.55, and earlier fell as low as $68.97, after the utility company announced the sale of $2 billion equity units to Wells Fargo and BofA Global Securities. The company also reaffirmed its long-term growth expectations and plans to meet with investors through June. The shares are one of the worst performers on the S&P 500 Index (SPX) today. On the charts, NEE has shed 13.66% off its May 30, 52-week high of $80.47, but is still up 15% sin ...
NextEra Energy announces sale of equity units
Prnewswire· 2024-06-18 13:47
The net proceeds from the sale of the equity units, which are expected to be approximately $1.94 billion (after deducting the underwriting discount and other offering expenses), will be added to the general funds of NextEra Energy Capital Holdings. NextEra Energy Capital Holdings expects to use its general funds to fund investments in energy and power projects and for other general corporate purposes, including the repayment of a portion of its outstanding commercial paper obligations. In approximately thre ...
NEE Stock: The $2 Billion Reason NextEra Energy Is Stumbling Today
Investor Place· 2024-06-18 13:44
NextEra Energy (NYSE:NEE) stock is trending on social media and business news websites, and its shares are down about 4% in early trading. The company plans to sell $2 billion of equity units. NextEra owns the nation's largest electric utility, Florida Power & Light, and sells large amounts of electricity derived from renewable sources. In fact, the company owns more renewable energy assets than any other firm in America. Investors Have Been Upbeat on Electric Utilities The Price Action of NEE Stock The pur ...