- Previous Close
73.44 - Open
74.23 - Bid --
- Ask --
- Day's Range
73.52 - 74.99 - 52 Week Range
47.15 - 80.47 - Volume
5,589,828 - Avg. Volume
11,501,483 - Market Cap (intraday)
152.63B - Beta (5Y Monthly) 0.54
- PE Ratio (TTM)
24.19 - EPS (TTM)
3.07 - Earnings Date Oct 22, 2024 - Oct 28, 2024
- Forward Dividend & Yield 2.06 (2.77%)
- Ex-Dividend Date Aug 30, 2024
- 1y Target Est
80.23
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. The company had approximately 33,276 megawatts of net generating capacity; approximately 90,000 circuit miles of transmission and distribution lines; and 883 substations. It serves approximately 12 million people through approximately 5.9 million customer accounts in the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.
www.nexteraenergy.com16,800
Full Time Employees
December 31
Fiscal Year Ends
Sector
Utilities - Regulated Electric
Industry
Recent News: NEE
View MorePerformance Overview: NEE
Trailing total returns as of 7/26/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: NEE
View MoreValuation Measures
Market Cap
152.63B
Enterprise Value
233.71B
Trailing P/E
24.19
Forward P/E
21.79
PEG Ratio (5yr expected)
3.46
Price/Sales (ttm)
5.89
Price/Book (mrq)
3.11
Enterprise Value/Revenue
9.04
Enterprise Value/EBITDA
15.83
Financial Highlights
Profitability and Income Statement
Profit Margin
24.45%
Return on Assets (ttm)
2.80%
Return on Equity (ttm)
9.08%
Revenue (ttm)
25.85B
Net Income Avi to Common (ttm)
6.32B
Diluted EPS (ttm)
3.07
Balance Sheet and Cash Flow
Total Cash (mrq)
1.55B
Total Debt/Equity (mrq)
139.03%
Levered Free Cash Flow (ttm)
-18.71B
Research Analysis: NEE
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Research Reports: NEE
View MoreManagement provides 2024-2027 CAGR guidance of 7%
Headquartered in Juno Beach, Florida, NextEra Energy provides generation, transmission, and distribution services. NEE has about 37,000 MW of total generating capacity, and about one-third of electricity is contributed by renewable wind and solar sources. The company also operates seven nuclear plants. The company's largest electric utility is FPL, one of the largest vertically integrated electric utilities in the U.S., with approximately 5.8 million customer accounts that generate about two-thirds of earnings. NEER, a nonregulated subsidiary, is the largest U.S. generator of wind and solar power and a leader in battery storage. Its affiliated entities include NextEra Energy Partners LP, which trades as NEP. Argus Research does not cover NEP. The company's focus is on electricity and renewable generation. In 2H23, management entered into agreements to sell its Texas and Pennsylvania pipeline businesses and sell its gas utility, FCG. NextEra Energy has a generation presence in 38 states and four Canadian provinces and is ahead of many peers in the use of renewable generation, especially wind. The company's fuel mix is heavily weighted toward natural gas (48%), followed by nuclear (23%) and wind (23%). Coal accounts for only 2% of overall generation. The shares are a component of the S&P 500. The current market capitalization is $153 billion.
RatingPrice TargetToday, more than usual, started on the back of yesterday, given the big tech
Today, more than usual, started on the back of yesterday, given the big tech deluge. The Mag7 stocks are mixed with some up, some down. The U.S. economy is growing at a faster clip than expected. GDP printed at 2.8% for 2Q, well above the 2% expected by economists and the revised-lower 1.4% for 1Q. Tomorrow, key inflation data and the Fed's favorite, is due at 8:30am ET.
NextEra Energy Earnings: Strong First Half Puts NextEra on Track to Meet Our Expectations
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 34 GW of generation capacity, including natural gas, nuclear, wind, and solar.
RatingPrice TargetLarge Cap US Pick List - July 2024
This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.