NextEra Energy Inc CDR (CAD Hedged) NEE
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- CA$24.90
- Day Range
- CA$24.81–24.96
- 52-Week Range
- —–—
- Bid/Ask
- CA$24.83 / CA$24.99
- Shares Outstanding
- 8.68B
- Market Cap
- CA$6.23M
- Volume/Avg
- 3,723 / 9,876
Key Statistics
- Price/Earnings (Normalized)
- 19.20
- Price/Sales
- 5.60
- Dividend Yield (Trailing)
- 3.16%
- Dividend Yield (Forward)
- 3.16%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 3.16%
Company Profile
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to over 6 million customer accounts in Florida and owns 36 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 nearly 40 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
- 17,400
- Website
- https://www.nexteraenergy.com
Competitors
Valuation
|
Metric
|
NEE
|
DUK
|
SO
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.20 | 17.49 | 18.73 |
Price/Book Value | 2.67 | 1.69 | 2.51 |
Price/Sales | 5.60 | 2.73 | 3.21 |
Price/Cash Flow | 11.61 | 6.84 | 9.86 |
Price/Earnings
NEE
DUK
SO
Financial Strength
|
Metric
|
NEE
|
DUK
|
SO
|
|---|---|---|---|
Quick Ratio | 0.34 | 0.26 | 0.44 |
Current Ratio | 0.53 | 0.66 | 0.79 |
Interest Coverage | 2.98 | 2.63 | 2.63 |
Quick Ratio
NEE
DUK
SO
Profitability
|
Metric
|
NEE
|
DUK
|
SO
|
|---|---|---|---|
Return on Assets (Normalized) | 3.81% | 2.27% | 2.78% |
Return on Equity (Normalized) | 15.01% | 8.59% | 11.89% |
Return on Invested Capital (Normalized) | 6.64% | 5.30% | 6.27% |
Return on Assets
NEE
DUK
SO
Utilities - Regulated Electric Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| NextEra Energy Inc
NEE
| LOCK|MWG#b%r | LOCK|>rV!d | $161B | |||
| Southern Co
SO
| LOCK|r#m>&^# | LOCK|j#c&^ | $99B | |||
| Duke Energy Corp
DUK
| LOCK|&S^vP< | LOCK|H@HF | $91B | |||
| National Grid PLC ADR
NGG
| LOCK|&!$k?? | LOCK|!^<# | $76B | |||
| American Electric Power Co Inc
AEP
| LOCK|R@$r@& | LOCK|h^N@Q | $67B | |||
| Dominion Energy Inc
D
| LOCK|Dy&&?vf | LOCK|FY&G& | $54B | |||
| Entergy Corp
ETR
| LOCK|<RH?ks> | LOCK|@mkD% | $49B | |||
| Xcel Energy Inc
XEL
| LOCK|QfPC@&h | LOCK|PL$< | $46B | |||
| Exelon Corp
EXC
| LOCK|#G$!yMT | LOCK|<gNv | $43B | |||
| PG&E Corp
PCG
| LOCK|CZ?$CC> | LOCK|$b | $39B |