1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
We are maintaining our $82 per share NextEra fair value estimate after the company reported first-quarter operating earnings of $0.84, up from $0.74 per share in the same year-ago quarter. Management reaffirmed its 2023 EPS guidance of $2.98 to $3.13 per share, in line with our estimate, and the company's 6% to 8% earnings growth expectations through 2026, which we expect the company to achieve the high end of the range.
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 32 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 25 GW of generation capacity, including natural gas, nuclear, wind, and solar.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of NEE’s competitive advantage.
NextEra Energy Inc
XNYS: NEE
| Duke Energy Corp
XNYS: DUK
| Southern Co
XNYS: SO
| Avangrid Inc
XNYS: AGR
| |
Price
| 72.96 | 88.12 | 69.18 | 37.32 |
Currency
| USD | USD | USD | USD |
Change
| −$0.50 (0.68%) | −$1.17 (1.31%) | −$0.57 (0.82%) | −$0.21 (0.56%) |
Market Cap
| 147.63 Bil | 67.91 Bil | 75.43 Bil | 14.43 Bil |
Industry
| Utilities - Regulated Electric | Utilities - Regulated Electric | Utilities - Regulated Electric | Utilities - Regulated Electric |
Sector
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Utilities
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Utilities
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Utilities
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Utilities
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* Trading data in this section is delayed by at least 15 minutes.
Yes. NEE has a forward dividend yield of 2.56%.
See
NEE’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
NEE’s market cap is 147.63 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
NEE’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
NEE’s price/sales is 5.89.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
NEE’s price/forward earnings is 21.80.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
NEE’s price/book is 3.47.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See NEE’s valuation ratios compared to the Market Index.
NEE’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare NEE’s historical performance against its industry peers and the overall market.
