Skip to Content
Morningstar

NextEra Energy Inc NEE

Morningstar Rating
Unlock
Stock XNYS Rating as of
$72.74 −4.23 (5.50%)
View Full Chart
As of Delayed Price Post-Trading: $72.75 0.00
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

NextEra Energy: Investor Day Supports Our Long-Term View While Disappointing Market

Andrew Bischof

We are maintaining our $71 per share NextEra Energy fair value estimate after the company updated its financial expectations at its June 11 investor day. Our narrow moat remains unchanged. NextEra Energy now trades near our fair value estimate after rising over 45% since its October 2023 low when it traded at a 40% discount to our fair value. The stock was down 6% following the investor day presentation.

Read Full Report

Price vs Fair Value

View History
NEE is trading at a 131% premium.
Price
$76.97
Fair Value
$48.00
Uncertainty
Medium
1-Star Price
$56.25
5-Star Price
$82.70
Economic Moat
Khchswv
Capital Allocation
Xnbhmvlzq

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.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if NEE is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$76.97
Day Range
$71.55–75.32
52-Week Range
$47.15–80.47
Bid/Ask
$72.51 / $72.75
Market Cap
$149.45 Bil
Volume/Avg
22.8 Mil / 12.0 Mil

Key Statistics

Price/Earnings (Normalized)
23.20
Price/Sales
5.68
Dividend Yield (Trailing)
2.61%
Dividend Yield (Forward)
2.73%
Total Yield
2.55%

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 Core
Total Number of Employees
16,800
Website
https://www.nexteraenergy.com

Competitors

Valuation

View More
Metric
NEE
AGR
DUK
Price/Earnings (Normalized)
 23.2023.5017.40
Price/Book Value
 3.180.691.66
Price/Sales
 5.681.662.68
Price/Cash Flow
 11.537.307.87
Price/Earnings
NEE
AGR
DUK

Financial Strength

Metric
NEE
AGR
DUK
Quick Ratio
 0.310.290.28
Current Ratio
 0.550.580.78
Interest Coverage
 3.192.822.59
Quick Ratio
NEE
AGR
DUK

Profitability

Metric
NEE
AGR
DUK
Return on Assets (Normalized)
 3.73%2.10%2.50%
Return on Equity (Normalized)
 13.95%4.59%9.51%
Return on Invested Capital (Normalized)
 6.63%4.13%5.56%
Return on Assets
NEE
AGR
DUK
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Utilities - Regulated Electric Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Southern Co
SO
ZlzngxsxLvvtpwv$86.3 Bil
 Duke Energy Corp
DUK
MbbhqwgyMwdfxg$79.1 Bil
 PG&E Corp
PCG
YwvrmmplQwlqh$48.2 Bil
 American Electric Power Co Inc
AEP
WzpllnlZxclxwy$46.5 Bil
 National Grid PLC ADR
NGG
JfvnbrcCwnt$45.0 Bil
 Dominion Energy Inc
D
BqznznycPnrdjw$43.1 Bil
 Public Service Enterprise Group Inc
PEG
NynmnkpLdmmq$36.6 Bil
 Exelon Corp
EXC
TlszlpxzLpqynj$36.2 Bil
 Consolidated Edison Inc
ED
VyzvcbfmHhwx$31.9 Bil

Sponsor Center