
NYSE:NEE
This summary was created by AI, based on 2 opinions in the last 12 months.
NextEra Energy (NEE-N) presents an attractive investment opportunity, particularly highlighted by its 7.7% dividend yield from convertible preferreds maturing in 2029, indicating a potential return of 8-20% over the coming years. Experts appreciate this utility's diversification and commendable growth prospects, asserting that it is not overleveraged and manages its debt effectively. The combination of strong dividend offerings and solid growth metrics makes it an appealing choice within the utility sector. Overall, those looking for stability and reasonable growth may find NextEra Energy to be a suitable addition to their portfolios.
This is “the” company leading the way in renewable power and alternative energy. 50% of their power generation comes from wind, and is growing very rapidly. Wind power and solar have now become less expensive than coal power, at the same time we are about to head into an electric vehicle revolution. The company has done a lot of research on battery technology storage and they service 5 million customers in Florida. A big utility and has a great balance sheet. They have 20-year contracts to supply power to their other utility customers. Dividend yield of 2.6%. (Analysts’ price target is $157.)
This is in wind, solar and nuclear power, mostly in Florida. The company has been able to grow their dividends at about a 10% clip. They continue to add megawatts to their power grid, basically in solar and wind. There is a lot of growth moving forward because they have had to retrofit from coal to gas, but also added more solar which is good for the environment and for their coffers. Dividend yield of 2.7%. (Analysts’ price target is US$150.50.)