Media headlines about NextEra Energy (NYSE:NEE) have trended somewhat positive this week, Accern reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NextEra Energy earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 46.4952153366945 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
Several equities analysts have recently issued reports on the company. Morgan Stanley reduced their price objective on NextEra Energy from $172.00 to $165.00 and set an “overweight” rating for the company in a research report on Tuesday. UBS Group assumed coverage on NextEra Energy in a research report on Friday, February 2nd. They set a “buy” rating and a $177.00 price objective for the company. Zacks Investment Research downgraded NextEra Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Guggenheim reiterated a “buy” rating and set a $182.00 price objective on shares of NextEra Energy in a research report on Friday, January 26th. Finally, Royal Bank of Canada reiterated a “buy” rating and set a $156.00 price objective on shares of NextEra Energy in a research report on Tuesday, November 7th. Three equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $161.38.
NextEra Energy (NYSE:NEE) traded up $1.62 on Friday, reaching $156.05. The company’s stock had a trading volume of 1,632,966 shares, compared to its average volume of 2,360,000. The firm has a market capitalization of $73,410.00, a P/E ratio of 13.74, a price-to-earnings-growth ratio of 2.55 and a beta of 0.28. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.64 and a quick ratio of 0.52. NextEra Energy has a 12-month low of $125.96 and a 12-month high of $159.64.
NextEra Energy (NYSE:NEE) last released its earnings results on Friday, January 26th. The utilities provider reported $1.25 earnings per share for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.06). The firm had revenue of $4.01 billion during the quarter, compared to analyst estimates of $4.18 billion. NextEra Energy had a return on equity of 11.50% and a net margin of 31.28%. The business’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter last year, the company earned $1.21 earnings per share. research analysts predict that NextEra Energy will post 7.68 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Tuesday, February 27th will be given a $1.11 dividend. This represents a $4.44 dividend on an annualized basis and a yield of 2.85%. This is an increase from NextEra Energy’s previous quarterly dividend of $0.98. NextEra Energy’s dividend payout ratio is 34.60%.
In other NextEra Energy news, CEO Armando Pimentel, Jr. sold 9,250 shares of the company’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $151.83, for a total value of $1,404,427.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Armando Pimentel, Jr. sold 42,372 shares of the stock in a transaction on 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 sale, the chief executive officer now owns 121,958 shares of the company’s stock, valued at approximately $19,202,287.10. The disclosure for this sale can be found here. Corporate insiders own 0.53% of the company’s stock.
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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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