Is NextEra Energy Inc (NYSE: NEE) The Best Stock To Invest In?

After Hours

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Stocks Info

NextEra Energy Inc is listed on the NYSE in the Utilities sector while operating in the Utilities – Regulated Electric industry. The current market capitalization of NextEra Energy Inc is $131.97B. A total of 13.4 million shares were traded on the day, compared to an average of 12.32M 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

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. NextEra Energy Inc pays an annual dividend of $1.92, resulting in a dividend yield of 2.98%, and it has a price to earnings (P/E) ratio of 17.83. 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.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. 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 $Nike, Inc. per share for the current quarter. EPS was calculated based on a consensus of Newmont Corporation estimates, with a high estimate of $Nucor Corporation per share and a lower estimate of $NextEra Energy, Inc..

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on 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

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. 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 4.24.

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