|Bid||160.18 x 100|
|Ask||163.35 x 400|
|Day's Range||160.30 - 161.48|
|52 Week Range||131.86 - 165.15|
|PE Ratio (TTM)||14.16|
|Earnings Date||Apr 24, 2018|
|Forward Dividend & Yield||4.44 (2.76%)|
|1y Target Est||168.67|
The Juno Beach, Florida-based company said it had net income of $9.32 per share. Earnings, adjusted for non-recurring gains, came to $1.94 per share. The results topped Wall Street expectations. The average ...
NextEra Energy Partners LP (NYSE:NEP), a renewable energy company based in United States, received a lot of attention from a substantial price movement on the NYSE over the last fewRead More...
NextEra Energy is extending plans to raise its dividend every year. The company reports Q1 results Tuesday.
Moody's Investors Service, ("Moody's") today assigned a Baa1 senior unsecured rating to Sabal Trail Transmission, LLC's (Sabal) proposed issuance of up to $1,500 million senior unsecured notes. ...
Congress hasn't allocated funding explicitly for the Smart Grid since the Obama stimulus package in 2009, the Congressional Research Service noted this month, and without Congressional support, the grid could develop in slow and piecemeal fashion, with increased risk of incompatible parts.
According to the Wall Street analyst consensus, Dominion Energy (D), the third-biggest utility, has an estimated upside of more than 12% for the next 12 months. The company has a mean target price of $74.4 compared to its current market price of $66.1.
NextEra Energy (NEE) expects to fall short of earnings estimates in its first-quarter 2018 results, which is likely to release on Apr 24, 2018.
According to Wall Street analysts’ estimates, NextEra Energy (NEE), the country’s biggest utility by market capitalization, has a potential upside of more than ~5.0% going forward. NextEra Energy has a mean target price of $169.10, and it’s currently trading at $160.20. J.P. Morgan raised NextEra Energy’s target price from $167.00 to $170.00 on April 10, 2018.
Dominion Energy (D), the third-largest utility by market capitalization in the S&P 500 Utilities Index (XLU), is trading at a PE (price-to-earnings) valuation multiple of 19x. The stock seems to be trading at a large discount compared to its five-year valuation average of 24x. Duke Energy (DUK) stock, the second-largest utility, is currently trading at a PE multiple of 21x, while renewables titan NextEra Energy (NEE) is trading at a PE multiple of 22x.
MIAMI, April 19, 2018 /PRNewswire/ -- Florida Power & Light Company (FPL) today unveiled its new Brickell Substation, the largest enclosed substation in FPL's 27,000-square-mile service area, which will enhance the reliability of the company's energy grid and distribute electricity to thousands of customers in downtown Miami's urban core. With a decorative façade to complement the city's fast-changing skyline and world-class culture, the Brickell Substation includes the latest technology to ensure reliable service to customers and future customer growth in South Florida.
Analysts expect Richmond-based Dominion Energy (D) to report earnings of $1.06 per share for the quarter ended on March 31, 2018. In the comparable quarter last year, it reported earnings of $0.97 per share. The estimates represent an increase of more than 9% in its per-share earnings year-over-year.
NextEra Energy (NEE) stock has been one of the exceptions in the S&P 500 Utilities Index, as it traded strongly amid the sectoral weakness. It is currently trading at $163.20, close to its 52-week high. NextEra Energy stock is presently trading 4.0% above its 50-day and 7.0% above its 200-day moving average levels.
Washington's continuous drive to establish a sustainable solar industry within the United States has resulted in the government splurging even more on the clean energy space.
Broader utilities (XLU) have been on a losing streak for the last few months after peaking in November 2017. NextEra Energy (NEE) is currently trading at a PE (price-to-earnings) multiple of 22.0x against its five-year historical average PE of 21.0x. Thus, NextEra Energy stock seems to be trading at a premium to its historical average. NextEra Energy stock has rallied more than 5.0% while the broader utilities have corrected 2.0% so far this year.
Analysts expect Florida-based NextEra Energy (NEE) to report earnings per share (or EPS) of $1.82 for 1Q18. In 1Q17, it reported EPS of $1.75. Renewables giant NextEra Energy is one of the fastest-growing utilities in the sector. In 2017, its adjusted EPS grew more than 8.0% compared to 2016. The broader utilities’ (XLU) (IDU) earnings growth rate is ~4.0%–6.0%.
The biggest utility by market capitalization, NextEra Energy (NEE) plans to report its 1Q18 financial results on April 24, 2018. According to analysts, NextEra Energy is estimated to report total revenues of ~$4.2 billion for 1Q18. In 1Q17, it reported revenues of ~4.0 billion, indicating year-over-year revenue growth of around 5.0%.
According to Wall Street analysts’ estimates, NextEra Energy (NEE), the biggest utility by market capitalization in the country, has a potential upside of more than ~5% going forward. NextEra Energy has a mean target price of $169.1. Currently, NextEra Energy is trading at $160.20.
Let’s take a look at Southern Company’s payout ratio. A payout ratio indicates a portion of a company’s profits distributed to shareholders in the form of dividends. In 2017, Southern Company’s payout ratio was 76%.
On April 13, 2018, the Utilities Select Sector SPDR ETF’s (XLU) implied volatility was 15%—close to its 15-day average. The SPDR S&P 500’s implied volatility was also close to 16%—lower than its 15-day average of 18%.
On April 13, 2018, General Electric (GE) filed an 8-K form with the Securities and Exchange Commission. As per this form, the company adjusted its revenue recognition according to the new rules set by the Financial Accounting Standards Board. Prior to this change, the company’s accounting practices didn’t have a provision for a contract’s being canceled.
NextEra Energy (NEE) is trading at a PE (price-to-earnings) multiple of 22x—compared to its five-year historical average PE multiple of 21x. NextEra Energy stock seems to be trading at a premium to its historical average. NextEra Energy, the top utility, is one of the most rallied stocks among the S&P 500 Utilities Index. NextEra Energy stock has soared more than 22% in the trailing 12 months and outperformed broader utilities.
Zacks Industry Outlook Highlights: Jinko Solar, Azure Power Global, Dominion Midstream, SunPower and NextEra Energy Partners
On April 12, 2018, implied volatility in Southern Company (SO) stock was 19%, close to its 15-day average. Implied volatility signifies investors’ nervousness. Higher volatility is usually associated with a fall in stock prices. Volatility in broader markets significantly came down after fears of a trade war abated recently. Implied volatility in broader markets was at 15%, while broader utilities’ (XLU) volatility was at similar levels.