Media stories about NextEra Energy (NYSE:NEE) have been trending somewhat positive on Saturday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. NextEra Energy earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 45.8368233466899 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
NextEra Energy (NYSE NEE) opened at $155.92 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.52 and a current ratio of 0.64. The firm has a market cap of $73,340.00, a price-to-earnings ratio of 13.73, a price-to-earnings-growth ratio of 2.57 and a beta of 0.28. NextEra Energy has a 1 year low of $123.53 and a 1 year high of $159.64.
NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Friday, January 26th. The utilities provider reported $1.25 EPS for the quarter, missing the Zacks’ consensus estimate of $1.31 by ($0.06). The company had revenue of $4.01 billion during the quarter, compared to the consensus estimate of $4.18 billion. NextEra Energy had a return on equity of 11.50% and a net margin of 31.28%. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.21 earnings per share. equities research analysts expect that NextEra Energy will post 7.72 EPS for the current fiscal year.
Several equities analysts have weighed in on the stock. Zacks Investment Research raised shares of NextEra Energy from a “hold” rating to a “buy” rating and set a $178.00 price target on the stock in a report on Tuesday, December 12th. Credit Suisse Group started coverage on shares of NextEra Energy in a report on Thursday, December 7th. They issued an “outperform” rating and a $173.00 target price on the stock. Guggenheim reissued a “buy” rating and issued a $182.00 target price on shares of NextEra Energy in a report on Friday, January 26th. Morgan Stanley boosted their target price on shares of NextEra Energy from $173.00 to $175.00 and gave the stock an “overweight” rating in a report on Wednesday, December 13th. Finally, UBS Group began coverage on shares of NextEra Energy in a research note on Friday. They set a “buy” rating and a $177.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $162.00.
In related news, CEO Armando Pimentel, Jr. sold 42,372 shares of the company’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $157.45, for a total value of $6,671,471.40. Following the completion of the sale, the chief executive officer now directly owns 121,958 shares of the company’s stock, valued at $19,202,287.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.53% of the stock is owned by corporate 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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