NextEra Energy (NYSE:NEE) Releases FY 2025 Earnings Guidance

NextEra Energy (NYSE:NEE) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 3.450-3.700 for the period, compared to the consensus earnings per share estimate of 3.690. The company issued revenue guidance of -. NextEra Energy also updated its FY 2024 guidance to 3.230-3.430 EPS.

NextEra Energy Stock Performance

NEE traded up $0.81 during trading on Friday, hitting $79.20. The company’s stock had a trading volume of 14,513,109 shares, compared to its average volume of 10,270,118. The business’s 50 day simple moving average is $73.93 and its 200-day simple moving average is $66.68. The firm has a market cap of $162.78 billion, a PE ratio of 21.58, a P/E/G ratio of 2.84 and a beta of 0.54. NextEra Energy has a one year low of $47.15 and a one year high of $80.56. The company has a quick ratio of 0.41, a current ratio of 0.49 and a debt-to-equity ratio of 1.15.

NextEra Energy (NYSE:NEE) last released its earnings results on Wednesday, July 24th. The utilities provider reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.03. The company had revenue of $6.07 billion for the quarter, compared to the consensus estimate of $7.29 billion. NextEra Energy had a return on equity of 11.75% and a net margin of 24.45%. During the same period in the previous year, the business earned $0.88 earnings per share. As a group, sell-side analysts predict that NextEra Energy will post 3.39 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be issued a $0.515 dividend. This represents a $2.06 annualized dividend and a yield of 2.60%. The ex-dividend date is Friday, August 30th. NextEra Energy’s dividend payout ratio is 56.13%.

Analysts Set New Price Targets

NEE has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of NextEra Energy from a sell rating to a hold rating in a research report on Thursday, May 2nd. JPMorgan Chase & Co. upped their price objective on NextEra Energy from $91.00 to $94.00 and gave the stock an overweight rating in a research note on Friday. Citigroup lifted their target price on NextEra Energy from $69.00 to $84.00 and gave the company a buy rating in a research note on Thursday, June 27th. Morgan Stanley increased their price objective on shares of NextEra Energy from $79.00 to $83.00 and gave the company an overweight rating in a report on Tuesday, May 28th. Finally, Bank of America lifted their price objective on shares of NextEra Energy from $61.00 to $67.00 and gave the company a neutral rating in a research report on Tuesday, April 23rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus price target of $78.29.

Insider Buying and Selling at NextEra Energy

In other news, EVP Nicole J. Daggs sold 658 shares of NextEra Energy stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $76.97, for a total value of $50,646.26. Following the completion of the transaction, the executive vice president now owns 100 shares in the company, valued at approximately $7,697. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.18% of the company’s stock.

NextEra Energy Company Profile

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.