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NextEra Energy Partners, LP (NEP)

(Delayed Data from NYSE)

$64.55 USD


+0.28 (0.44%)

Updated Nov 27, 2020 01:00 PM ET

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.41%
5Strong Sell1.87%

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3-Hold of 5     3    

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value A Growth A Momentum A VGM

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 34% (168 out of 254)

Industry: Alternative Energy - Other

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Company Summary

Based in Juno Beach, Florida NextEra Energy Partners, LP is a growth-oriented limited partnership formed by NextEra Energy, Inc. in 2014. The partnership is formed to acquire, manage and own contracted clean energy projects with stable long-term cash flows. NextEra Energy Partners owns a portfolio of contracted renewable generation assets consisting of wind and solar projects in North America, as well as seven contracted natural gas pipeline assets in Texas.

Renewable Energy sales had contributed 75.9%, 71.5% and 75.4% to its total revenues during 2017, 2018 and 2019, respectively. Texas pipelines service revenues had constituted 24.1%, 28.5% and 24.6% of total ...

General Information

NextEra Energy Partners, LP



Phone: 561-694-4000

Fax: NA



Industry Alternative Energy - Other
Sector Oils-Energy
Fiscal Year End December
Last Reported Quarter 9/30/2020
Next EPS Date 1/22/2021

EPS Information

Current Quarter EPS Consensus Estimate 0.38
Current Year EPS Consensus Estimate -1.17
Estimated Long-Term EPS Growth Rate 25.40
Next EPS Report Date 1/22/2021

Price and Volume Information

Zacks Rank Premium
Yesterday's Close 64.27
52 Week High 69.15
52 Week Low 29.01
Beta 0.87
20 Day Moving Average 416,909.31
Target Price Consensus 66.80


% Price Change
4 Week 0.75
12 Week 11.89
YTD 22.60
% Price Change Relative to S&P 500
4 Week -8.34
12 Week 6.25
YTD 8.87
Share Information
Shares Outstanding (millions) 73.00
Market Capitalization (millions) 4,712.21
Short Ratio NA
Last Split Date NA
Dividend Information
Dividend Yield 3.69%
Annual Dividend $2.38
Payout Ratio NA
Change in Payout Ratio NA
Last Dividend Payout / Amount 11/4/2020 / $0.60

Fundamental Ratios

P/E (F1) NA
Trailing 12 Months NA
PEG Ratio NA
EPS Growth
vs. Previous Year 162.81%
vs. Previous Quarter 10.14%
Sales Growth
vs. Previous Year -5.14%
vs. Previous Quarter -5.14%
Price Ratios
Price/Book 0.71
Price/Cash Flow 17.37
Price / Sales 5.17
9/30/20 0.00
6/30/20 -2.11
3/31/20 -4.53
9/30/20 0.00
6/30/20 -1.08
3/31/20 -2.34
Current Ratio
9/30/20 1.32
6/30/20 1.46
3/31/20 1.55
Quick Ratio
9/30/20 1.25
6/30/20 1.38
3/31/20 1.55
Operating Margin
9/30/20 0.00
6/30/20 -14.18
3/31/20 -31.46
Net Margin
9/30/20 0.00
6/30/20 -14.18
3/31/20 -31.46
Pre-Tax Margin
9/30/20 -37.54
6/30/20 -89.07
3/31/20 -123.26
Book Value
9/30/20 90.56
6/30/20 93.09
3/31/20 93.03
Inventory Turnover
9/30/20 28.96
6/30/20 57.44
3/31/20 NA
9/30/20 0.59
6/30/20 0.69
3/31/20 0.69
Debt to Capital
9/30/20 36.65
6/30/20 39.96
3/31/20 39.96