NextEra Energy (NEE) closed the latest trading day at $64.01, indicating a +0.34% change from the previous session's end. The stock exceeded the S&P 500, which registered a loss of 0.22% for the day. At the same time, the Dow added 0.06%, and the tech-heavy Nasdaq lost 0.52%.The the stock of parent company of Florida Power & Light Co. Has risen by 2.56% in the past month, leading the Utilities sector's loss of 7.82% and the S&P 500's loss of 1.66%.The investment community will be paying close attention to t ...

NextEra Energy, Inc. (NEE) is scheduled to release first-quarter 2024 results on Apr 23, before market open. The utility delivered an average earnings surprise of 8.4% in the last four reported quarters.Let’s discuss the factors likely to be reflected in the upcoming quarterly results.Factors to NoteCourtesy of NextEra Energy’s arm Florida Power Light’s customer focus investment decision and Florida being among the fastest growing states in the United States, the company is adding new customers every quarte ...

Wall Street analysts forecast that NextEra Energy (NEE) will report quarterly earnings of $0.77 per share in its upcoming release, pointing to a year-over-year decline of 8.3%. It is anticipated that revenues will amount to $6.47 billion, exhibiting a decline of 3.7% compared to the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.5% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial es ...

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Pinnacle West (PNW) and NextEra Energy (NEE) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with ...

JUNO BEACH, Fla., April 10, 2024 /PRNewswire/ -- The NextEra Energy, Inc.(NYSE: NEE) family is deeply saddened by the death of former NextEra Energy Chairman and CEO James L. Broadhead, who passed away yesterday at age 88 in North Palm Beach, Florida. Mr. Broadhead served as chairman and CEO of NextEra Energy from 1989 to 2001 when the company was still called FPL Group. He is credited with successfully focusing the company's efforts on strengthening its core business, Florida Power & Light Company, and exp ...

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.Shares of this parent company of Florida Power & Light Co. Have returned +14.4% over the past month versus the Zacks S&P 500 composite's +1.8% change. The Zacks Utility - Electric Power industry, to which NextEra belongs, has lost 7.4% over this period. Now the key question is: Where could the stock be headed in the n ...

Gunther Fraulob NextEra Energy (NYSE:NEE) is an incredible dividend growth machine. The electric utility last declared a quarterly cash dividend of $0.515 per share, a remarkable 10% hike sequentially and $2.06 per share annualized for a 3.2% dividend yield. NEE has also guided to grow its dividend by at least 10% per year for the next two years until 2026, cementing its status as an exceptional shareholder-aligned dividend aristocrat. This title is revered for companies that have consecutively raised t ...

NextEra Energy (NEE) announced that its subsidiary, Florida Power & Light Company (FPL), has received approval from Florida Public Service Commission to lower utility rates again in May. May utility rates for a residential customer using 1,000 kilowatt-hours (kWh) of electricity will be nearly $14 lower than the amount paid in March. The market has reacted positively to the development. This is evident from the upside in share price since the approval was granted to the NextEra unit on Apr 2.The Commission ...

NextEra Energy (NEE) closed the latest trading day at $62.55, indicating a -0.52% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.11%. Meanwhile, the Dow experienced a drop of 0.11%, and the technology-dominated Nasdaq saw an increase of 0.23%.Shares of the parent company of Florida Power & Light Co. Have appreciated by 13.5% over the course of the past month, outperforming the Utilities sector's gain of 4.16% and the S&P 500's gain of 1.5%.The investment community wil ...

Dilok Klaisataporn Introduction On March 28, I read a very interesting article about Amazon (AMZN) betting $150 billion on data centers needed to support the artificial intelligence ("AI") boom. According to Bloomberg, the company will spend this money over the next 15 years (roughly $10 billion per year!) to stay ahead of the competition and keep a tight grip on the cloud computing market, where it is the second-largest player. Since 2020, the company's real estate holdings, including data centers and ...