Why NextEra Energy Stock Jumped More Than 5% Today

Core Insights - NextEra Energy's stock surged 5.8% following strong Q4 and full-year 2024 results, with a positive outlook through 2027, including solid dividend growth potential [1][2][6] Financial Performance - Adjusted EPS grew by approximately 2% year-over-year in Q4, while full-year adjusted EPS increased by 8.2%, hitting the top end of the company's growth target of 6% to 8% through 2027 [3][6] - The company expects to grow its annual dividend per share by around 10% through at least 2026 [6] Business Contributions - Both utility and renewable energy sectors contributed positively to NextEra Energy's bottom line in 2024, with the company owning the largest electric utility in the U.S. and being a leader in wind, solar energy, and battery storage [4][5] Growth Initiatives - In 2024, NextEra Energy commissioned 8.7 gigawatts (GW) of new renewable and storage projects and added over 12 GW of new renewables and storage to its backlog [5] - The company is collaborating with GE Vernova to develop natural-gas-fired power generation projects across the U.S. [7] Future Prospects - NextEra Energy aims to restart its Duane Arnold nuclear plant in Iowa by the end of 2028, which could further enhance its growth potential [7]