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NextEra Energy Inc NEE

Morningstar Rating
$63.91 +0.12 (0.19%)
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Company Report

NextEra Energy: Federal Election Commission Closes Complaint Against FP&L; Shares Attractive

We are maintaining our $71 per share fair value estimate for NextEra Energy after the Federal Election Commission voted to close the file regarding allegations that subsidiary Florida Power & Light violated the Federal Election Campaign Act. A nonprofit organization filed the complaint in October 2022. Our narrow moat and medium uncertainty risk ratings remain unchanged.

Price vs Fair Value

NEE is trading within a range we consider fairly valued.
Price
$62.61
Fair Value
$45.00
Uncertainty
Medium
1-Star Price
$48.62
5-Star Price
$81.30
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

FP&L operates in one of the most constructive regulatory environments with numerous capital investment opportunities.

Bears

The company's campaign finance practices have come under scrutiny, potentially threatening its constructive regulatory environment in Florida.

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News

Trading Information

Previous Close Price
$63.79
Day Range
$63.3964.26
52-Week Range
$47.1579.78
Bid/Ask
$63.87 / $64.00
Market Cap
$131.17 Bil
Volume/Avg
12.8 Mil / 11.8 Mil

Key Statistics

Price/Earnings (Normalized)
20.10
Price/Sales
4.62
Dividend Yield (Trailing)
3.00%
Dividend Yield (Forward)
3.22%
Total Yield
3.00%

Company Profile

NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 30 GW of generation capacity, including natural gas, nuclear, wind, and solar.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Large Value
Total Number of Employees
16,800

Competitors

Valuation

Metric
NEE
AGR
DUK
Price/Earnings (Normalized)
20.1024.1317.12
Price/Book Value
2.760.721.58
Price/Sales
4.621.702.57
Price/Cash Flow
10.228.077.74
Price/Earnings
NEE
AGR
DUK

Financial Strength

Metric
NEE
AGR
DUK
Quick Ratio
0.310.320.25
Current Ratio
0.550.650.74
Interest Coverage
3.192.602.57
Quick Ratio
NEE
AGR
DUK

Profitability

Metric
NEE
AGR
DUK
Return on Assets (Normalized)
3.83%1.92%0.49%
Return on Equity (Normalized)
14.54%4.15%1.85%
Return on Invested Capital (Normalized)
7.45%3.63%2.77%
Return on Assets
NEE
AGR
DUK
See how this stock stacks up to its competitors with Morningstar Investor

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PCG
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D
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EXC
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PEG
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ED
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