NextEra Energy (NYSE:NEE) Updates FY 2025 Earnings Guidance

NextEra Energy (NYSE:NEE) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 3.450-3.700 for the period, compared to the consensus earnings per share estimate of 3.680. The company issued revenue guidance of -. NextEra Energy also updated its FY 2024 guidance to 3.230-3.430 EPS.

NextEra Energy Stock Down 0.2 %

Shares of NYSE NEE opened at $65.19 on Tuesday. The company has a current ratio of 0.55, a quick ratio of 0.47 and a debt-to-equity ratio of 1.06. The company has a market cap of $133.80 billion, a price-to-earnings ratio of 18.09, a PEG ratio of 2.31 and a beta of 0.51. NextEra Energy has a 12 month low of $47.15 and a 12 month high of $79.25. The stock has a 50-day moving average price of $60.04 and a two-hundred day moving average price of $58.72.

NextEra Energy (NYSE:NEE) last issued its earnings results on Tuesday, April 23rd. The utilities provider reported $0.91 EPS for the quarter, topping the consensus estimate of $0.80 by $0.11. The firm had revenue of $5.73 billion during the quarter, compared to the consensus estimate of $6.28 billion. NextEra Energy had a return on equity of 11.73% and a net margin of 26.00%. The business’s quarterly revenue was down 14.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.84 earnings per share. As a group, analysts forecast that NextEra Energy will post 3.4 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Tuesday, February 27th were paid a dividend of $0.515 per share. This is an increase from NextEra Energy’s previous quarterly dividend of $0.47. The ex-dividend date was Monday, February 26th. This represents a $2.06 annualized dividend and a yield of 3.16%. NextEra Energy’s payout ratio is presently 57.06%.

Wall Street Analyst Weigh In

NEE has been the subject of several research analyst reports. Royal Bank of Canada reissued an outperform rating and set a $74.00 target price on shares of NextEra Energy in a research note on Tuesday, January 30th. Wells Fargo & Company upped their price objective on NextEra Energy from $84.00 to $85.00 and gave the company an overweight rating in a research note on Tuesday, March 19th. StockNews.com raised NextEra Energy from a sell rating to a hold rating in a research note on Monday. BMO Capital Markets lowered their price objective on NextEra Energy from $77.00 to $68.00 and set an outperform rating for the company in a research note on Tuesday, April 16th. Finally, Morgan Stanley upped their price objective on NextEra Energy from $77.00 to $79.00 and gave the company an overweight rating in a research note on Monday. One analyst has rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and an average price target of $69.93.

NextEra Energy Company Profile

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.