We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
If You Invested $1000 in NextEra Energy a Decade Ago, This is How Much It'd Be Worth Now
Read MoreHide Full Article
For most investors, how much a stock's price changes over time is important. Not only can it impact your investment portfolio, but it can also help you compare investment results across sectors and industries.
Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.
What if you'd invested in NextEra Energy (NEE - Free Report) ten years ago? It may not have been easy to hold on to NEE for all that time, but if you did, how much would your investment be worth today?
NextEra Energy's Business In-Depth
With that in mind, let's take a look at NextEra Energy's main business drivers.
Juno Beach, FL-based NextEra Energy Inc. (previously known as FPL Group Inc.) is a public utility holding company engaged in the generation, transmission, distribution, and sale of electric energy. The company has both regulated and non-regulated energy-related products and services, with operations in 27 states in the U.S. and four provinces in Canada. NextEra Energy was founded in 1925. The company serves nearly 10 million people through approximately 5 million customer accounts.
NextEra Energy's primary subsidiaries areFlorida Power & Light Company (FPL), Gulf Power Company and NextEra Energy Resources LLC (NEER). NextEra Energy Capital Holdings, Inc. (NEECH) is a wholly owned subsidiary of NextEra, which owns and provides funds for NEER and other operating subsidiaries apart from FPL and its subsidiaries. In 2014, NextEra Energy formed NextEra Energy Partners, LP to own, manage and acquire contracted clean energy projects.
NextEra Energy produces a large volume of electricity from wind and solar energy. The company, through its subsidiaries, is advocating higher usage of clean fuel sources to generate electricity and aiming to reduce total carbon emissions by 67% within 2025 from 2005 base.
FPL, Gulf Power and NEER contributed $12,600 million, $1,503 million and $3,053 million to its top line, respectively, in 2021. Corporate and Other negatively impacted the top line by $87 million in 2021.
On Jan 1, 2021, Gulf Power legally merged into FPL. Gulf Power will continue as a separate operating division during 2021, serving the existing customers under separate retail rates.
NEER is the competitive energy business of NextEra and plans to add 22,675-30,000 MW of clean power generation assets across the United States over the 2021-2024 time frame. Amid the challenges posed by the outbreak of COVID-19, the company ensured that its major capital projects continue to proceed without any hindrances.
Bottom Line
While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in NextEra Energy ten years ago, you're probably feeling pretty good about your investment today.
A $1000 investment made in August 2012 would be worth $5,230.54, or a gain of 423.05%, as of August 25, 2022, according to our calculations. This return excludes dividends but includes price appreciation.
In comparison, the S&P 500 gained 193.44% and the price of gold went up 0.79% over the same time frame.
Looking ahead, analysts are expecting more upside for NEE.
NextEra Energy’s second-quarter earnings were better than expected. NEE through the proper execution of organic projects and strategic acquisitions, is expanding its operations. NextEra currently has a lot of renewable projects in its backlog and the number is rising every quarter, which is aiding NextEra in cutting emissions. The merger of Gulf Power and FPL strengthens NextEra Energy’s position in Florida. Improving Florida economy and FPL’s reliable services are expanding its customer volume every quarter. NextEra has ample liquidity to meet its near-term debt obligations. NEE’s shares have outperformed the industry in the past six months. However, the nature of its business is subject to complex federal, state and other regulations. Unfavorable weather conditions and an increase in supply costs adversely impact earnings.
Shares have gained 10.36% over the past four weeks and there have been 6 higher earnings estimate revisions for fiscal 2022 compared to none lower. The consensus estimate has moved up as well.
View the Zacks #1 Rank List
Image: Bigstock
If You Invested $1000 in NextEra Energy a Decade Ago, This is How Much It'd Be Worth Now
For most investors, how much a stock's price changes over time is important. Not only can it impact your investment portfolio, but it can also help you compare investment results across sectors and industries.
Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.
What if you'd invested in NextEra Energy (NEE - Free Report) ten years ago? It may not have been easy to hold on to NEE for all that time, but if you did, how much would your investment be worth today?
NextEra Energy's Business In-Depth
With that in mind, let's take a look at NextEra Energy's main business drivers.
Juno Beach, FL-based NextEra Energy Inc. (previously known as FPL Group Inc.) is a public utility holding company engaged in the generation, transmission, distribution, and sale of electric energy. The company has both regulated and non-regulated energy-related products and services, with operations in 27 states in the U.S. and four provinces in Canada. NextEra Energy was founded in 1925. The company serves nearly 10 million people through approximately 5 million customer accounts.
NextEra Energy's primary subsidiaries are Florida Power & Light Company (FPL), Gulf Power Company and NextEra Energy Resources LLC (NEER). NextEra Energy Capital Holdings, Inc. (NEECH) is a wholly owned subsidiary of NextEra, which owns and provides funds for NEER and other operating subsidiaries apart from FPL and its subsidiaries. In 2014, NextEra Energy formed NextEra Energy Partners, LP to own, manage and acquire contracted clean energy projects.
NextEra Energy produces a large volume of electricity from wind and solar energy. The company, through its subsidiaries, is advocating higher usage of clean fuel sources to generate electricity and aiming to reduce total carbon emissions by 67% within 2025 from 2005 base.
FPL, Gulf Power and NEER contributed $12,600 million, $1,503 million and $3,053 million to its top line, respectively, in 2021. Corporate and Other negatively impacted the top line by $87 million in 2021.
On Jan 1, 2021, Gulf Power legally merged into FPL. Gulf Power will continue as a separate operating division during 2021, serving the existing customers under separate retail rates.
NEER is the competitive energy business of NextEra and plans to add 22,675-30,000 MW of clean power generation assets across the United States over the 2021-2024 time frame. Amid the challenges posed by the outbreak of COVID-19, the company ensured that its major capital projects continue to proceed without any hindrances.
Bottom Line
While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in NextEra Energy ten years ago, you're probably feeling pretty good about your investment today.
A $1000 investment made in August 2012 would be worth $5,230.54, or a gain of 423.05%, as of August 25, 2022, according to our calculations. This return excludes dividends but includes price appreciation.
In comparison, the S&P 500 gained 193.44% and the price of gold went up 0.79% over the same time frame.
Looking ahead, analysts are expecting more upside for NEE.
NextEra Energy’s second-quarter earnings were better than expected. NEE through the proper execution of organic projects and strategic acquisitions, is expanding its operations. NextEra currently has a lot of renewable projects in its backlog and the number is rising every quarter, which is aiding NextEra in cutting emissions. The merger of Gulf Power and FPL strengthens NextEra Energy’s position in Florida. Improving Florida economy and FPL’s reliable services are expanding its customer volume every quarter. NextEra has ample liquidity to meet its near-term debt obligations. NEE’s shares have outperformed the industry in the past six months. However, the nature of its business is subject to complex federal, state and other regulations. Unfavorable weather conditions and an increase in supply costs adversely impact earnings.
Shares have gained 10.36% over the past four weeks and there have been 6 higher earnings estimate revisions for fiscal 2022 compared to none lower. The consensus estimate has moved up as well.