NextEra Energy (NYSE: NEE ) has a strong growth trajectory as it navigates through an environment of accelerating demand for power. Hyperscalers will likely provide significant capacity growth later in the decade, whether it’s through grid connections or with dedicatedMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OF ...

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 ...

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 ...

NextEra Energy doesn't expect nuclear power to play a starring role in the country's energy resurgence. Nuclear energy is seeing a resurgence in interest due to an expected surge in power demand over the next two decades. Microsoft is helping lead the charge by signing a deal to buy all the future power produced by a nuclear power-generating unit that Constellation Energy plans to restart. The tech titan needs the emissionsfree energy to power its data centers and support its cloud computing and artificial ...

NextEra Energy could deliver supercharged growth in the coming years.The utility sector has been a sleepy place for the past couple of decades. Power demand has barely grown as energy efficiency gains helped keep a lid on electricity consumption. However, this sleeping giant is about to awaken. Forecasters expect power demand in the country to surge in the coming years, fueled by several catalysts. While that rising tide should lift all boats, no utility stock is in a better position to capitalize on the se ...

Goldman Sachs analyst Carly Davenport raised the price target for NextEra Energy, Inc. NEE to $92 (from $86) and reiterated the Buy rating.Recently, the company reported third-quarter adjusted EPS of $1.03 exceeded the estimate of $0.98, while sales of $7.567 billion fell short of the $8.054 billion estimate.The analyst says the quarter underscored strong demand for renewables amid growing power needs, showcasing NEE’s competitive advantages as a developer to capitalize on this trend.While the analyst remai ...

The future of the energy sector lies in the most attractive and developed alternative energy sources. While this might not be an immediate payoff for those backing the trend, it does serve as a good place to start allocating capital with the next decade in mind. Today, shares of Next Era Energy Inc. NYSE: NEE remind investors of this fact, especially after its recent quarterly earnings results.NextEra Energy TodayNEENextEra Energy$84.96 +1.26 (+1.51%) 52-Week Range$53.11▼$86.10Dividend Yield2.42%P/E Ratio27 ...

NextEra Energy is a fast-growing utility.NextEra Energy (NEE 1.50%) is an outlier among utilities. It's growing much faster than its peers due to its focus on investing in clean energy. That has helped power robust dividend growth of around 10% annually over the past 20 years. The utility's magnificent record of dividend growth should continue. Driving that outlook is its high-powered earnings-growth forecast.Investments continue to power strong growthNextEra Energy recently reported strong third-quarter re ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR | --- | --- | --- | --- | |-------|------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------| | | Commission File Numb ...

NextEra Energy, Inc. (NEE) reported third-quarter 2024 adjusted earnings of $1.03 per share, which beat the Zacks Consensus Estimate of 98 cents by 5.1%. The bottom line was also up nearly 12.8% year over year. The uptick was driven by the solid performance of Florida Power & Light Company (“FPL”) and NextEra Energy Resources.GAAP earnings per share for the third quarter were 90 cents compared with 60 cents in the year-ago period.Total RevenuesIn the third quarter, NextEra Energy’s operating revenues were $ ...