Recently, Zacks.com users have been paying close attention to NextEra (NEE). This makes it worthwhile to examine what the stock has in store.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
NEE benefits from declining interest rates, rising demand for its services and improving economic conditions in Florida.
NextEra Energy (NEE) closed at $72.23 in the latest trading session, marking a -0.77% move from the prior day.
With President-elect Donald Trump taking office in early 2025, investors are reshuffling their portfolios to match sectors that are set to outperform under his policies. One area that has been hit rather hard is clean energy, as Trump has vowed to slash any climate bills put in place by the Biden administration.
NextEra Energy (NEE -0.22%) has one of the better dividend track records in the energy sector. The utility has increased its payment every year for the past three decades.
NextEra Energy (NEE) concluded the recent trading session at $73.98, signifying a -0.22% move from its prior day's close.
You can buy shares of NextEra Energy (NEE) and collect a 2.7% yield. Or you could buy a rival such as Dominion Energy and collect a much fatter 4.7% yield.
Recently, Zacks.com users have been paying close attention to NextEra (NEE). This makes it worthwhile to examine what the stock has in store.
NextEra Energy is well-positioned to capitalize on rising power demand, driven by AI, data centers, and industrial electrification, with a strong growth outlook. The company boasts a 29-year track record of dividend hikes, targeting 10% annual growth through 2026, making it attractive for income investors. Despite its premium valuation, NextEra's operational efficiency and renewable energy focus provide a competitive edge, with potential upside if interest rates ease.
NextEra Energy (NEE) closed the most recent trading day at $76.20, moving +0.61% from the previous trading session.
NextEra Energy (NEE) reachead $78.67 at the closing of the latest trading day, reflecting a +0.19% change compared to its last close.