|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||168.35 - 170.23|
|52 Week Range||142.12 - 171.50|
|PE Ratio (TTM)||9.80|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||4.44 (2.69%)|
|1y Target Est||173.64|
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. There is no PMI sector data available for this security.
Xcel Energy (XEL), one of the largest regulated utilities in the country, is scheduled to report its second-quarter results on July 26. Analysts expect it to report EPS of $0.47. In 2Q 2017, it reported EPS of $0.45.
NextEra Energy (NEE) stock is currently trading at $169.42, nearly 4.0% above its 50-day and 7.0% above its 200-day moving average levels. The fair premium to both support levels indicates strength in NEE stock. Its 50-day moving average level near $163.08 could act as a support for NEE in the short term.
NextEra Energy (NEE) stock is currently trading at a PE (price-to-earnings) multiple that’s 14.0x lower than its historical valuation. NEE is trading at an EV-to-EBITDA1 valuation of 15.5x. Its five-year historical average valuation is ~12.0x–13.0x. So, NextEra Energy stock seems to be trading at a premium to its historical average.
NextEra Energy (NEE) is expected to beat earnings when it reports second-quarter 2018 results, which is likely to release on July 25, 2018
Analysts expect Florida-based NextEra Energy (NEE) to report EPS of $2.04 for the second quarter. In the second quarter of 2017, it reported EPS of $1.86. This indicates year-over-year EPS growth of ~10.0%.
One of the world's top oil producers, the world's largest and greenest electric utility, and a water heater manufacturer look unstoppable in the long run.
Renewables titan NextEra Energy (NEE) is planning to report its second-quarter 2018 financial results on July 25. According to Wall Street analyst consensus, NextEra Energy is expected to report total revenues of $4.6 billion for the second quarter. In the same quarter last year, it reported total revenues of $4.4 billion.
Southern Company (SO), the second-largest regulated utility, expects to raise its dividends 4%–6% per year for the next few years, which is in line with its targeted EPS growth. Utilities at large are aiming for a similar per-share dividend growth for the next few years. Southern Company’s peer Duke Energy (DUK) has raised its dividend per share by 2.9%, while Dominion Energy (D) has raised its dividend per share by 7.5% compounded annually in the last five years.
Top utility stock NextEra Energy (NEE) has an estimated stock upside of just 2% based on analysts’ mean target price of $172.86 and its current price of $169.52. Morgan Stanley raised NEE’s price target from $176 to $181 on July 16.
NextEra Energy (NEE), the biggest utility holding company by market cap, is currently trading at an EV-to-EBITDA (enterprise value-to-EBITDA) valuation multiple of ~15x, higher than its five-year average of ~12x. Peer Duke Energy (DUK) is trading at a valuation multiple of 10.6x, close to its historical average.
This weekend's Barron's presents the wisdom and picks from its 2018 Mid-Year Roundtable. "2018 Mid-Year Roundtable: Good News for Stockpickers" by Lauren R. Rublin indicates that the broad market could struggle in the second half, but the Barron's panel of investment experts sees plenty of bargains in energy, media, retail and tech. Andrew Bary's "Ackman's Comeback: How to Ride His Revival" points out that this hedge fund manager's publicly traded vehicle is up more than 10 percent this year and trades at a discount to its net asset value, offering an opportunity for investors.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said NextEra Energy Inc (NYSE: NEE ) has been one of his favorite stocks. It's an aggressive grower and it pays a nice dividend yield. He is ...
NextEra Energy (NEE) stock, the biggest component of the S&P 500 Utilities Index, has an estimated upside of 2% based on analysts’ mean target price of $172 and its current price of $168.41.
The biggest utility by market capitalization, NextEra Energy (NEE), is currently trading at an enterprise-value-to-EBITDA valuation multiple of 15.5x, which is notably higher than its five-year average of 12.0x. Given its enterprise-value-to-EBITDA valuation, NEE seems to be trading at a premium to its historical average valuation.
Then something happened: Bond yields failed to climb much. The yield on the benchmark 10-year Treasury briefly breached 3% in May but then eased off again. Investors gave utilities a second look and liked what they saw, driving the stocks up.
Among top utilities, NextEra Energy (NEE) stock seems strong based on its technical indicators. It is currently trading 4% above its 50-day average and 7% above its 200-day moving average, indicating strength. Its 50-day moving average of ~$162 is likely to act as support in the short term. On July 3, NEE closed at $168.60.
JUNO BEACH, Fla., July 11, 2018 /PRNewswire/ -- NextEra Energy, Inc. (NEE) today announced that it plans to report second-quarter 2018 financial results before the opening of the New York Stock Exchange on Wednesday, July 25, 2018, in a news release to be posted on the company's website at www.NextEraEnergy.com/Earnings. The company will issue an advisory news release over PR Newswire the morning of July 25, with a link to the financial results news release on the company's website. The company will make available its financial results only on its website.
JUNO BEACH, Fla. , July 11, 2018 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it plans to report second-quarter 2018 financial results before the opening of the New York ...
JUNO BEACH, Fla., July 10, 2018 /PRNewswire/ -- The Florida Public Service Commission (PSC) today unanimously approved a joint agreement between Florida Power & Light Company and the state's consumer advocate to resolve all outstanding issues in the review of restoration costs for Hurricane Matthew, which impacted nearly the entire eastern coastline of Florida in 2016. As a result, FPL will refund approximately $28 million plus interest, which will translate into a credit of about $3 per 1,000 kWh for residential customers.
NextEra Energy (NEE) is currently trading at a dividend yield of 2.7%, much lower than the industry average of 4.2%. It expects its double-digit dividend growth to continue for the next few years. In comparison, Southern Company (SO) and Duke Energy (DUK) are currently trading at dividend yields of 5.2% and 4.5%, respectively.
Whereas NextEra Energy (NEE) looks better placed than peers in terms of FCF (free cash flow), it should be noted that all of the utilities we’re looking at in this series have failed to report positive FCF in the last few years. In 2017, NextEra Energy reported FCF of -$746 million, while Southern Company (SO) and Duke Energy (DUK) reported FCF of -$1.613 billion and -$1.213 billion, respectively. Dominion Energy (D) reported FCF of -$993 million.
Utilities’ (XLU) leverage is a vital metric for comparing companies, especially as interest rates are steadily increasing. While the top three utilities’ leverage has largely been stable, Southern Company’s (SO) leverage rose significantly after Q3 2016 to fund its AGL Resources purchase.