NEE Stock Trades at a Premium Valuation to Its Industry: How to Play?

Key Takeaways NEE shares trade at a P/E F12M of 18.86X, above industry and utilities sector averages. Earnings are projected to grow 6-8% annually through 2027, supported by renewables and efficiency. NEE aims to raise its dividend 10% annually through 2026, from the 2024 base.NextEra Energy’s (NEE) shares are trading at a premium compared to the Zacks Utility - Electric Power industry. Its price-to-earnings F12M 18.86X is higher than the industry average of 15.27X and the broader Zacks Utilities sector’s ...