NextEra Energy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy in the United States and Canada. The company is involved in the generation of renewable energy from wind and solar projects. NextEra Energy has a market cap of $34.0 billion and is part of the utilities industry. The company has a P/E ratio of 17.2, below the S&P 500 P/E ratio of 17.7. Shares are up 15.6% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate NextEra Energy a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates NextEra Energy as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.