Media stories about NextEra Energy (NYSE:NEE) have trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NextEra Energy earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 45.8368233466899 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
NextEra Energy (NYSE NEE) traded down $0.09 during trading hours on Thursday, hitting $150.50. The company had a trading volume of 1,885,200 shares, compared to its average volume of 1,880,000. The company has a current ratio of 0.61, a quick ratio of 0.49 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $70,790.00, a P/E ratio of 16.91, a P/E/G ratio of 2.80 and a beta of 0.31. NextEra Energy has a twelve month low of $117.88 and a twelve month high of $159.40.
NextEra Energy (NYSE:NEE) last released its earnings results on Thursday, October 26th. The utilities provider reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.08. The business had revenue of $4.81 billion for the quarter, compared to the consensus estimate of $4.89 billion. NextEra Energy had a return on equity of 11.86% and a net margin of 24.81%. NextEra Energy’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.74 earnings per share. research analysts anticipate that NextEra Energy will post 6.73 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, November 24th were given a $0.9825 dividend. This represents a $3.93 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date was Wednesday, November 22nd. NextEra Energy’s dividend payout ratio is currently 44.16%.
NEE has been the topic of a number of research reports. Zacks Investment Research lowered NextEra Energy from a “buy” rating to a “hold” rating in a report on Friday, October 13th. Bank of America initiated coverage on NextEra Energy in a report on Tuesday, October 24th. They issued a “buy” rating and a $166.00 price target on the stock. Royal Bank of Canada restated a “buy” rating and issued a $156.00 price target on shares of NextEra Energy in a report on Tuesday, November 7th. Credit Suisse Group initiated coverage on NextEra Energy in a report on Thursday, December 7th. They issued an “outperform” rating and a $173.00 price target on the stock. Finally, KeyCorp restated a “buy” rating and issued a $155.00 price target on shares of NextEra Energy in a report on Thursday, October 12th. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. NextEra Energy currently has a consensus rating of “Buy” and a consensus target price of $159.63.
In other NextEra Energy news, CEO Armando Pimentel, Jr. sold 42,372 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $157.45, for a total transaction of $6,671,471.40. Following the transaction, the chief executive officer now owns 121,958 shares of the company’s stock, valued at $19,202,287.10. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director James L. Robo sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $151.52, for a total value of $4,545,600.00. The disclosure for this sale can be found here. 0.53% of the stock is currently owned by insiders.
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About NextEra Energy
NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power companies in North America and, through its subsidiary NextEra Energy Resources, LLC (NEER) and its affiliated entities, is the generator of renewable energy from the wind and sun. NEE also owns and/or operates generation, transmission and distribution facilities to support its services to retail and wholesale customers, and has investments in gas infrastructure assets.
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