What Are The Chances Of NextEra Energy Inc (NYSE: NEE) Becoming A Clear Buy?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted FPL gets green light to reduce rates for the second consecutive month.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

NEE belongs to the Utilities sector of the NYSE while operating in the Utilities – Regulated Electric industry. At the end of the last regular session, the stock closed at $64.18 and fluctuated between $64.36 as its day high and $62.90 as its day low. The current market capitalization of NextEra Energy Inc is $131.72B. A total of 10.27 million shares were traded on the day, compared to an average of 12.09M shares.

In the most recent transaction, May James Michael sold 1,938 shares of NEE for 59.00 per share on Mar 13 ’24. After the transaction, the VP, Controller and CAO now owns 17,432 company shares. In a previous transaction on Feb 07 ’24, HACHIGIAN KIRK S bought 20,000 shares at 55.84 per share. NEE shares that Director owns now total 25,000.

Among the insiders who sold shares, Pimentel Armando Jr disposed of 91,160 shares on Dec 14 ’23 at a per-share price of $63.52. This resulted in the Director, Pres & CEO of Sub holding 129,230 shares of NEE after the transaction. In another insider transaction, Arnaboldi Nicole S bought 8,500 shares at $59.59 per share on Dec 08 ’23. Company shares held by the Director now total 11,523.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. NextEra Energy Inc pays an annual dividend of $1.92, resulting in a dividend yield of 2.99%, and it has a price to earnings (P/E) ratio of 17.79. NEE’s most recent ex-dividend date was 2/26/2024 when it declared a $0.5150 quarterly dividend that was paid in cash on 3/15/2024. Previously, the company paid the dividend on 12/15/2023 with an ex-dividend date of 11/22/2023. The NEE stock dividend was $0.4675 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, NEE has a high of $79.78 and a low of $47.15.

As of this writing, NEE has an earnings estimate of $0.73 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.91 per share and a lower estimate of $0.38. The company reported an EPS of $0.94 in the last quarter, which was 8.00% higher than expectations of $0.87.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. NEE’s latest balance sheet shows that the firm has $639.00M in Cash & Short Term Investments as of fiscal 2021. There were $54.83B in debt and $17.44B in liabilities at the time. Its Book Value Per Share was $23.13, while its Total Shareholder’s Equity was $45.42B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 NEE is Buy with a score of 4.31.

Most Popular

Related Posts