Media headlines about NextEra Energy (NYSE:NEE) have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. 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 media sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the utilities provider an impact score of 46.3476085776583 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Rare Infrastructure LTD Decreased Nextera Energy INC (NEE) Holding by $56.94 Million – NMSU Hеrаld (nmsuherald.com)
- Southern Company’s Implied Volatility Trends (finance.yahoo.com)
- NRG Energy Scales a 52-Week High on Transformation Plan (zacks.com)
- XLU’s Implied Volatility Trends (finance.yahoo.com)
- Wall Street’s Price Targets for the Top Utilities (finance.yahoo.com)
NEE has been the topic of a number of research reports. Morgan Stanley dropped their price objective on NextEra Energy from $170.00 to $168.00 and set an “overweight” rating on the stock in a report on Thursday, March 8th. 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 objective on the stock. Zacks Investment Research upgraded NextEra Energy from a “sell” rating to a “hold” rating in a report on Thursday, January 18th. Guggenheim restated a “buy” rating and issued a $177.00 price objective on shares of NextEra Energy in a report on Wednesday, January 3rd. Finally, UBS Group initiated coverage on NextEra Energy in a report on Friday, February 2nd. They issued a “buy” rating and a $177.00 price objective on the stock. Two analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $161.75.
NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Friday, January 26th. The utilities provider reported $1.25 EPS for the quarter, missing the consensus estimate of $1.31 by ($0.06). NextEra Energy had a net margin of 31.28% and a return on equity of 11.50%. The company had revenue of $4.01 billion for the quarter, compared to analyst estimates of $4.18 billion. During the same quarter last year, the business earned $1.21 EPS. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. sell-side analysts expect that NextEra Energy will post 7.73 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Tuesday, February 27th will be issued a dividend of $1.11 per share. This represents a $4.44 annualized dividend and a yield of 2.87%. The ex-dividend date of this dividend is Monday, February 26th. This is an increase from NextEra Energy’s previous quarterly dividend of $0.98. NextEra Energy’s dividend payout ratio (DPR) is 60.66%.
In other news, CEO Armando Pimentel, Jr. sold 9,250 shares of the 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 legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Charles E. Sieving sold 2,844 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $154.67, for a total value of $439,881.48. Following the completion of the sale, the executive vice president now directly owns 48,966 shares of the company’s stock, valued at $7,573,571.22. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,984 shares of company stock worth $4,006,149. Corporate insiders own 0.53% of the company’s stock.
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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