NextEra Energy, Inc. boasts nearly three decades of dividend growth, robust financial health, and is expected to hike its dividend by 10%. NEE's Q3 results showed a 5.5% revenue increase and 9.6% EPS growth, despite Hurricane Helene's impact, highlighting its resilience and effective investments. Florida's economic growth and NEE's strategic investments support high-single digit annual EPS growth, with shares currently undervalued by approximately 10%.
NextEra Energy (NEE) concluded the recent trading session at $70.36, signifying a -1.24% move from its prior day's close.
NextEra (NEE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
NextEra Energy (NEE -0.48%) is offering investors a dividend yield of roughly 2.8%. The average utility stock, using the Utilities Select Sector SPDR ETF, is yielding a touch under 2.7%.
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.