There’s No Need To Panic Or Freeze When It Comes To NextEra Energy Partners LP (NYSE: NEP)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that NextEra Energy and NextEra Energy Partners to meet with investors in early to mid-March.

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Stocks Info

The company is listed on the NYSE and operates within the Utilities – Renewable industry segment. The current market capitalization of NextEra Energy Partners LP is $2.68B. A total of 0.93 million shares were traded on the day, compared to an average of 1.45M shares.

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, NEP has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 2 BUYs and 0 SELLs from insiders. Insiders purchased 1,750 shares during that period but sold 0.

In the most recent transaction, Kind Peter H bought 1,750 shares of NEP for 56.89 per share on Apr 27. After the transaction, the Director now owns 32,340 company shares.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. NextEra Energy Partners LP pays an annual dividend of $3.44, resulting in a dividend yield of 12.03%, and it has a price to earnings (P/E) ratio of 13.40. NEP’s most recent ex-dividend date was 2/5/2024 when it declared a $0.88 quarterly dividend that was paid in cash on 2/14/2024. Previously, the company paid the dividend on 11/14/2023 with an ex-dividend date of 11/3/2023. The NEP stock dividend was $0.8675 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, NEP has a high of $67.68 and a low of $20.17.

As of this writing, NEP has an earnings estimate of $0.24 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.95 per share and a lower estimate of -$0.32. The company reported an EPS of $0.57 in the last quarter, which was 26.70% higher than expectations of $0.45.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NEP is Buy with a score of 3.50.

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