The utility sector is not exactly known for being a hot performer, but that didn't stop NextEra Energy (NEE -6.62%) from beating the S&P 500 index in the first six months of 2024. This impressive showing, however, needs to be taken with a grain of salt. Yes, NextEra Energy is a well-run utility with a fast-growing business. But it should only be bought by a certain type of investor. In the first six months of 2024, NextEra Energy's stock price gained roughly 16.5%. By comparison, the S&P 500 rose a slightly ...

As the Bloomberg quote above showed, the company has clean energy and highly favorable demand markets. The company operates through two businesses: Florida Power & Light ("FPL"), which is the largest rate-regulated utility in the United States, and Energy Resources, the global leader in renewable energy and storage. NextEra Energy is powered by two industry-leading companies, strengthened by NextEra Energy FPL isn't just large, according to NEE, but it also has average electricity bills that are 37% below t ...

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels. FE currently has a forward P/E ratio ...

Recession-proof utility stocks have always been stable dividend payers, making them popular long-term investments. But new exponential demand driven by artificial intelligence transforms these Wall Street wallflowers into high-growth AI plays. According to Goldman Sachs Research analysts, AI is set to drive a 160% increase in data center power demand. With interest rates potentially lowering this year, now is an opportune time to power up portfolios with utilities. These stocks carry interest rate risk that ...

Many dividend stocks enjoyed even stronger first-half returns, including NextEra Energy (NEE 1.74%), Targa Resources (TRGP 1.08%), and ExxonMobil (XOM 0.02%). While they'll likely face similar second-half headwinds as the broader market, they stand out to a few Fool.com contributors because they could deliver an encore performance in the second half. And yet there's something unique about NextEra Energy that will still attract investors: dividend growth. Over the past decade, the company's dividend growth h ...

In the latest trading session, NextEra Energy (NEE) closed at $72.90, marking a +1.08% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 1.02% for the day. Meanwhile, the Dow experienced a rise of 1.09%, and the technology-dominated Nasdaq saw an increase of 1.18%. Analysts and investors alike will be keeping a close eye on the performance of NextEra Energy in its upcoming earnings disclosure. On that day, NextEra Energy is projected to report earnings of $0.92 per share ...

NextEra Energy Partners LP NEP shares tanked in early trading on Monday. Loading... The NextEra Energy Partners Analyst: Shelby Tucker downgraded the rating for NextEra Energy Partners from Outperform to Sector Perform, while reducing the price target from $38 to $30. The NextEra Energy Partners Thesis: The suite of solutions offered by the company is insufficient for it to maintain a healthy CAFD run-rate that would satisfy dividend payouts, given its CEPF liability post-2026, Tucker said in the downgrade ...

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 ...

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 ...

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]