NextEra Energy (NEE)
(Real Time Quote from BATS)
$83.13 USD
+0.37 (0.45%)
Updated Sep 23, 2024 09:33 AM ET
3-Hold of 5 3
D Value C Growth A Momentum C VGM
Company Summary
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 40 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 ...
Company Summary
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 and NEER contributed $18.4 billion and $9.7 billion to its top line in 2023, respectively. Corporate and Other negatively impacted the top line by $77 million in 2023.
On Jan 1, 2021, Gulf Power merged with FPL and further strengthened the operation of the company in the Florida region.
As of Dec 31, 2023, FPL had nearly 33,520 MW of net generating capacity, nearly 90,000 circuit miles of transmission and distribution lines and 883 substations. As of Dec 31, 2023, NEER has nearly 37,700 MW of total net generating capacity.
NEER is the competitive energy business of NextEra and plans to add 36,500-46,500 megawatts (MW) of clean power generation assets across the United States over the 2024-2027 time frame. The company’s major capital projects continued to proceed as per plan and the addition of new renewable projects continues to boost the renewable portfolio of the company.
General Information
NextEra Energy, Inc
700 UNIVERSE BOULEVARD
JUNO BEACH, FL 33408
Phone: 561-694-4000
Fax: 561-694-4999
Web: http://www.nexteraenergy.com
Email: investors@nexteraenergy.com
Industry | Utility - Electric Power |
Sector | Utilities |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/22/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.01 |
Current Year EPS Consensus Estimate | 3.40 |
Estimated Long-Term EPS Growth Rate | 8.10 |
Exp Earnings Date | 10/22/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 82.76 |
52 Week High | 85.56 |
52 Week Low | 47.15 |
Beta | 0.56 |
20 Day Moving Average | 8,439,830.00 |
Target Price Consensus | 83.56 |
4 Week | 3.89 |
12 Week | 16.88 |
YTD | 36.25 |
4 Week | 2.65 |
12 Week | 11.91 |
YTD | 13.97 |
Shares Outstanding (millions) | 2,055.35 |
Market Capitalization (millions) | 170,101.06 |
Short Ratio | NA |
Last Split Date | 10/27/2020 |
Dividend Yield | 2.49% |
Annual Dividend | $2.06 |
Payout Ratio | 0.62 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | 8/30/2024 / $0.51 |
Fundamental Ratios
P/E (F1) | 24.38 |
Trailing 12 Months | 24.85 |
PEG Ratio | 3.00 |
vs. Previous Year | 9.09% |
vs. Previous Quarter | 5.49% |
vs. Previous Year | -17.42% |
vs. Previous Quarter | 5.90% |
Price/Book | 2.86 |
Price/Cash Flow | 13.48 |
Price / Sales | 6.58 |
6/30/24 | 11.75 |
3/31/24 | 11.72 |
12/31/23 | 11.73 |
6/30/24 | 3.83 |
3/31/24 | 3.81 |
12/31/23 | 3.77 |
6/30/24 | 0.49 |
3/31/24 | 0.51 |
12/31/23 | 0.55 |
6/30/24 | 0.41 |
3/31/24 | 0.43 |
12/31/23 | 0.47 |
6/30/24 | 26.42 |
3/31/24 | 24.47 |
12/31/23 | 22.91 |
6/30/24 | 24.45 |
3/31/24 | 27.62 |
12/31/23 | 26.00 |
6/30/24 | 21.09 |
3/31/24 | 26.84 |
12/31/23 | 25.92 |
6/30/24 | 28.92 |
3/31/24 | 28.69 |
12/31/23 | 28.16 |
6/30/24 | 4.72 |
3/31/24 | 4.87 |
12/31/23 | 5.05 |
6/30/24 | 1.15 |
3/31/24 | 1.12 |
12/31/23 | 1.06 |
6/30/24 | 53.54 |
3/31/24 | 52.95 |
12/31/23 | 52.03 |