Nextera Energy Partners Stock Today
| NEP Stock | USD 27.46 0.32 1.18% |
Performance3 of 100
| Odds Of DistressLess than 40
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Nextera Energy is selling at 27.46 as of the 23rd of April 2024; that is 1.18 percent up since the beginning of the trading day. The stock's last reported lowest price was 26.91. Nextera Energy has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Nextera Energy Partners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Utilities | IPO Date 27th of June 2014 |
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida. Nextera Energy is traded on New York Stock Exchange in the United States.. The company has 93.54 M outstanding shares of which 4.85 M shares are now shorted by investors with about 3.74 days to cover. More on Nextera Energy Partners
Nextera Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nextera Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nextera Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | John Ketchum | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Neptune-Calculus Income & Growth VCT PLC, SLOMAN NEPTUN SCHIF, SLOMAN NEPTUN SCHIF - Frankfurt Stock Exchang] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Independent Power and Renewable Electricity Producers, Utilities - Renewable, Utilities, Stock Exchange Of, SET Total Return, Utilities, Independent Power and Renewable Electricity Producers, Utilities—Renewable, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Nextera Energy report their recommendations after researching Nextera Energy's financial statements, talking to executives and customers, or listening in on Nextera Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Nextera Energy Partners. The Nextera consensus assessment is calculated by taking the average forecast from all of the analysts covering Nextera Energy. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Nextera Energy's financial statements, Nextera Energy Partners is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Nextera Energy Partners is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Nextera Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nextera Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nextera Energy's financial leverage. It provides some insight into what part of Nextera Energy's total assets is financed by creditors.
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Nextera Energy Partners (NEP) is traded on New York Stock Exchange in USA. It is located in 700 Universe Boulevard, Juno Beach, FL, United States, 33408 and employs 19 people. Nextera Energy is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.57 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nextera Energy's market, we take the total number of its shares issued and multiply it by Nextera Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nextera Energy Partners runs under Independent Power and Renewable Electricity Producers sector within Utilities industry. The entity has 93.54 M outstanding shares of which 4.85 M shares are now shorted by investors with about 3.74 days to cover.
Nextera Energy Partners has about 235 M in cash with 731 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.44.
Check Nextera Energy Probability Of Bankruptcy
Ownership AllocationNextera Energy Partners maintains a total of 93.54 Million outstanding shares. The majority of Nextera Energy outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Nextera Energy Partners to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Nextera Energy Partners. Please pay attention to any change in the institutional holdings of Nextera Energy as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nextera Ownership Details
Nextera Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Nextera Energy jumping above the current price in 90 days from now is about 74.16%. The Nextera Energy Partners probability density function shows the probability of Nextera Energy stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.3253. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nextera Energy will likely underperform. Additionally, nextera Energy Partners has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Nextera Energy to move above the current price in 90 days from now is about 74.16 (This Nextera Energy Partners probability density function shows the probability of Nextera Stock to fall within a particular range of prices over 90 days) .
Nextera Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Nextera Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nextera Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nextera Energy's value.| Instituion | Recorded On | Shares | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.5 M | |
| Fmr Inc | 2023-12-31 | 1.4 M | |
| Beach Investment Counsel Inc | 2023-12-31 | 1.3 M | |
| Point72 Asset Management, L.p. | 2023-09-30 | 1.1 M | |
| Cbre Investment Management Listed Real Assets Llc | 2023-12-31 | 1.1 M | |
| First Manhattan Co. Llc | 2023-12-31 | 955.7 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 873.9 K | |
| Hightower Advisors, Llc | 2023-12-31 | 856.3 K | |
| Bank Of America Corp | 2023-12-31 | 811.3 K | |
| Blackrock Inc | 2023-12-31 | 7.2 M | |
| Rare Infrastructure | 2023-12-31 | 3.9 M |
Nextera Energy Historical Income Statement
Nextera Energy Partners Income Statement is one of the three primary financial statements used for reporting Nextera's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nextera Energy Partners revenue and expense. Nextera Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Nextera Energy's Depreciation And Amortization is relatively stable compared to the past year. As of 04/23/2024, Cost Of Revenue is likely to grow to about 1.1 B, while Gross Profit is likely to drop slightly above 35.1 M. View More FundamentalsNextera Stock Against Markets
Picking the right benchmark for Nextera Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nextera Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nextera Energy is critical whether you are bullish or bearish towards Nextera Energy Partners at a given time. Please also check how Nextera Energy's historical prices are related to one of the top price index indicators.
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Nextera Energy Corporate Directors
Nextera Energy corporate directors refer to members of a Nextera Energy board of directors. The board of directors generally takes responsibility for the Nextera Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Nextera Energy's board members must vote for the resolution. The Nextera Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Charles Sieving | General Counsel of Nextera Energy Partners GP Inc and Director of Nextera Energy Partners GP Inc | Profile | |
| Robert Byrne | Independent Director - Nominee of General Partner | Profile | |
| James Suciu | Independent Director of the General Partner | Profile | |
| Rebecca Kujawa | Chief Financial Officer, Principal Financial Officer and Director | Profile |
How to buy Nextera Stock?
Before investing in Nextera Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nextera Energy. To buy Nextera Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nextera Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nextera Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nextera Energy Partners stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nextera Energy Partners stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nextera Energy Partners, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nextera Stock please use our How to Invest in Nextera Energy guide.
Already Invested in Nextera Energy Partners?
The danger of trading Nextera Energy Partners is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nextera Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nextera Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nextera Energy Partners is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nextera Energy Partners is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nextera Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nextera Energy Partners Stock. Highlighted below are key reports to facilitate an investment decision about Nextera Energy Partners Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextera Energy Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Nextera Stock, please use our How to Invest in Nextera Energy guide.Note that the Nextera Energy Partners information on this page should be used as a complementary analysis to other Nextera Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Nextera Stock analysis
When running Nextera Energy's price analysis, check to measure Nextera Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextera Energy is operating at the current time. Most of Nextera Energy's value examination focuses on studying past and present price action to predict the probability of Nextera Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextera Energy's price. Additionally, you may evaluate how the addition of Nextera Energy to your portfolios can decrease your overall portfolio volatility.
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Is Nextera Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nextera Energy. If investors know Nextera will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nextera Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.051 | Dividend Share 3.444 | Earnings Share 0.34 | Revenue Per Share 11.769 | Quarterly Revenue Growth (0.13) |
The market value of Nextera Energy Partners is measured differently than its book value, which is the value of Nextera that is recorded on the company's balance sheet. Investors also form their own opinion of Nextera Energy's value that differs from its market value or its book value, called intrinsic value, which is Nextera Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nextera Energy's market value can be influenced by many factors that don't directly affect Nextera Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nextera Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextera Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextera Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.