Utilities are conservative income stocks with a reputation for being safe enough to be appropriate for widows and orphans. That's true for some utilities, but NextEra Energy (NEE 4.18%) bucks the trend (in a good way). While NextEra operates a boring utility, it also owns a rapidly growing renewable power business.For both growth and income and dividend growth investors, it's a great stock to consider. And now is a unique opportunity to buy it. Here's what you need to know.NextEra is down but not outNextEra ...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to two classes of notes totaling $288.49 million issued by EverBright Solar Trust 2024-A (“EVBRT 2024-A”), an asset-backed securitization collateralized by a pool of residential solar retail installment contracts originated by EverBright, LLC ("EverBright" or the "Company"). Headquartered in Juno Beach, FL, EverBright was founded and organized as a limited liability company in Delaware in 2021 and fully launched its receivables origination program ...

Approved April rate decrease: Rates are going down in April because a temporary surcharge to recover restoration costs from past hurricanes ends March 31. That means a typical 1,000-kWh residential customer bill will fall nearly $7. Proposed May rate decrease: FPL asked the PSC to reduce the fuel charge on customer bills to reflect lower projected prices for natural gas, which is used in FPL's power plants to generate electricity. If the PSC approves, a typical 1,000-kWh residential customer bill would fall ...

In the latest market close, NextEra Energy (NEE) reached $57.15, with a -1.24% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.12%. Elsewhere, the Dow gained 0.61%, while the tech-heavy Nasdaq added 1.54%.The parent company of Florida Power & Light Co.'s stock has climbed by 0.56% in the past month, falling short of the Utilities sector's gain of 4.68% and the S&P 500's gain of 2.06%.Market participants will be closely following the financial results ...

JUNO BEACH, Fla., March 12, 2024 /PRNewswire/ -- The Federal Election Commission (FEC) today notified NextEra Energy, Inc.'s (NYSE: NEE) principal subsidiary Florida Power & Light Company that it voted to close its file regarding a complaint that had made allegations of certain violations of the Federal Election Campaign Act (FECA). A nonprofit corporation had filed the complaint in October 2022. The FEC notified the company that it made its decision in late February, which concluded the FEC's consideration ...

Interest in environmentally focused investing saw a decline last year alongside shares of renewable energy companies. However, this shift might actually present an opportunity for investors who remain dedicated to green companies that are now potentially undervalued.Changing sentiment in environmental investingESG investing aims to align financial goals with broader societal and environmental objectives, promoting sustainable growth and positive societal contributions. Environmental, social, and governance ...

The most recent trading session ended with NextEra Energy (NEE) standing at $55.40, reflecting a +0.78% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 1.02%. Meanwhile, the Dow experienced a drop of 1.04%, and the technology-dominated Nasdaq saw a decrease of 1.65%.Shares of the parent company of Florida Power & Light Co. Have depreciated by 1.79% over the course of the past month, underperforming the Utilities sector's gain of 0.93% and the S&P 500's gain of ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend ...

JUNO BEACH, Fla., March 4, 2024 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) today announced that members of the senior management team will participate in various investor meetings in early to mid-March. They plan to discuss, among other things, long-term growth rate expectations for NextEra Energy and NextEra Energy Partners reaffirming those presented on the Jan. 25, 2024, fourth-quarter and full-year 2023 financial results call. Investors and other interes ...

taikrixel NextEra Energy (NYSE:NEE) investors have underperformed the S&P 500 (SPX) (SPY) over the past year, notwithstanding its solid execution amid a challenging macroeconomic backdrop. I last updated NEE investors in December 2023, assessing the possibility of a further recovery as interest rates declined from their October 2023 highs. However, NEE Bulls lost momentum as the market reassessed its optimism about the Fed's rate cut cadence. Given the resilience of the US economy, investors must temper the ...