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NextEra Energy, Inc. (NEE-N) is a large American energy company with a significant focus on sustainable components such as renewable power. It has experienced some challenges due to higher interest rates, but its subsidiary Florida Power & Light remains a reliable cash cow. The company has been investing in solar and wind energy, making it the largest provider in the US. Despite a tough year, experts believe that it is moving in the right direction and has a decent record of steady earnings growth and dividend raising. With a strong presence in the electric utility space and a promising renewables business, NextEra Energy seems to have a positive long-term outlook.
It pays a big dividend, which makes him afraid, but offers no other reason to own it.
RBC has said NEE 'might' cut its dividend but we doubt it would after just recently doing a financing. With the stock down on the issue we would today see it more as a BUY than a HOLD.
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Consistent earnings and dividend growth, at an above-average rate. Largest solar-energy power producer in NA. Big money's been made, trades in the 20x range, high for a utility. Look elsewhere.
The US's biggest electric utility. Will grow because AI demands a lot more energy than the traditional internet.
(Analysts’ price target is $73.27)Did poorly last year, but if a court ruling goes their way things change. Also, they're cheap, and a utility, and it has a big sustainable component.
It's a convertible preferred, so you get common share upside plus a 9.75% dividend.
The utility space has been in a downtrend but is coming back up to trend. Don't be long with the possibility of rates going up.
Challenging year due to higher interest rates. Florida Power & Light has been its reliable utility cash cow. Proceeds from that have been invested in solar and wind, and they're the largest provider in the US. He's been adding. Long term, moving in the right direction. Yield is 3.3%.
The parent company has a more stable base. The NextEra Partners component is in the renewable power space, It has fewer projects it can take on and therefore has less growth ahead.
NEE has had a tough year, with rising rates, and is now down 19% YTD. But it remains one of our preferred US large-cap utility stocks. It has shown very steady earnings growth, and cash flow is secure and solid. The yield is 2.8% and it has a decent record of raising its dividend. The last quarter was fine, and the company expects a three-year growth rate (compounded) of between 5% and 7%, which is higher than peers. We think it looks good overall.
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NEE is the biggest American utility, much bigger than AQN. NEE has a huge business in electricity (Florida) which is much more stable than AQN's green energy. NEE does have a renewables business though in the US and Canada, and this holds promise. The grid will continue to get greener over time. A consistent earner and has been meeting or beating quarters much more consistently than AQN.
Has been choppy. Utilities are sensitive to interest rates and pressured valuation. But they benefit from population growth in Florida where they operate electricity. Their other business is renewable energy Solar and wind), so they benefit from Washington's green energy incentives. A third tailwind is ongoing ESG investing. Fundamentals remain sound.
Don't be scared in coming weeks over talk of regulation about Florida Power & Light, always a tailwind. The play here is solar, which will continue to grow, so hold on.
NextEra Energy is a American stock, trading under the symbol NEE-N on the New York Stock Exchange (NEE). It is usually referred to as NYSE:NEE or NEE-N
In the last year, 7 stock analysts published opinions about NEE-N. 5 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for NextEra Energy.
NextEra Energy was recommended as a Top Pick by on . Read the latest stock experts ratings for NextEra Energy.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
7 stock analysts on Stockchase covered NextEra Energy In the last year. It is a trending stock that is worth watching.
On 2024-09-18, NextEra Energy (NEE-N) stock closed at a price of $84.28.
Both the stock and this sector can go higher.