Nextera Energy Stock Today

NEE Stock  USD 63.79  2.36  3.84%   

Performance

1 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 33

 
100  
 
Zero
Below Average
Nextera Energy is trading at 63.79 as of the 28th of March 2024, a 3.84 percent up since the beginning of the trading day. The stock's lowest day price was 62.02. Nextera Energy has about a 33 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 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
10th of January 2003
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company was founded in 1925 and is headquartered in Juno Beach, Florida. Nextera Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. The company has 2.05 B outstanding shares of which 22.33 M shares are now shorted by investors with about 2.02 days to cover. More on Nextera Energy

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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.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Nextera Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nextera Energy's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOJohn Ketchum
Thematic IdeaBasic Utilities (View all Themes)
Old NameNorthern Vertex Mining Corp
Business ConcentrationElectric Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, SP 500 Index, Dow Jones Utility, SP 100 Index, SP 100, Dow Jones Composite, ARCA Institutional, PHLX Utility, Basic Utilities, Utilities, Electric Utilities, Utilities—Regulated Electric, Utilities (View all Sectors)
Excise Tax ActivitiesCoalNuclear
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. 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 is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. Financial strength of Nextera Energy is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.04090.0412
Slightly Down
Very volatile
Asset Turnover0.150.1584
Notably Down
Slightly volatile
Gross Profit Margin0.610.6394
Sufficiently Down
Pretty Stable
Net Debt74 B70.5 B
Sufficiently Up
Slightly volatile
Total Current Liabilities29.4 B28 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total96.3 B91.8 B
Sufficiently Up
Slightly volatile
Total Assets186.4 B177.5 B
Sufficiently Up
Slightly volatile
Total Current Assets16.1 B15.4 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities11.9 B11.3 B
Sufficiently Up
Slightly volatile
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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Nextera Energy's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Nextera Energy deploys its capital and how much of that capital is borrowed.
Liquidity
Nextera Energy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 73.21 B in debt with debt to equity (D/E) ratio of 1.39, which is OK given its current industry classification. Nextera Energy has a current ratio of 0.45, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Nextera Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Nextera Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nextera Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nextera to invest in growth at high rates of return. When we think about Nextera Energy's use of debt, we should always consider it together with cash and equity.

Change In Cash

(19.95 Million)
Nextera Energy (NEE) is traded on New York Stock Exchange in USA. It is located in 700 Universe Boulevard, Juno Beach, FL, United States, 33408 and employs 16,800 people. Nextera Energy is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 128.43 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 runs under Electric Utilities sector within Utilities industry. The entity has 2.05 B outstanding shares of which 22.33 M shares are now shorted by investors with about 2.02 days to cover. Nextera Energy has about 1.6 B in cash with 11.3 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.26.
Check Nextera Energy Probability Of Bankruptcy
Ownership Allocation
Nextera Energy maintains a total of 2.05 Billion 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 to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Nextera Energy. 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

What are Nextera Energy's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Nextera Energy jumping above the current price in 90 days from now is about 1.24%. The Nextera Energy 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 1.4866. 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 has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 63.79HorizonTargetOdds Above 63.79
98.74%90 days
 63.79 
1.24%
Based on a normal probability distribution, the odds of Nextera Energy to move above the current price in 90 days from now is about 1.24 (This Nextera Energy 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.
InstituionRecorded OnShares
Capital Research Global Investors2023-12-31
28.6 M
Goldman Sachs Group Inc2023-12-31
26.8 M
Franklin Resources Inc2023-12-31
22.5 M
Northern Trust Corp2023-12-31
22.5 M
Nuveen Asset Management, Llc2023-12-31
21.4 M
Legal & General Group Plc2023-12-31
21 M
Royal Bank Of Canada2023-12-31
19.8 M
Wellington Management Company Llp2023-12-31
16.3 M
Bank Of New York Mellon Corp2023-12-31
15.7 M
Vanguard Group Inc2023-12-31
198.7 M
Blackrock Inc2023-12-31
149.8 M
View Nextera Energy Diagnostics

Nextera Energy Historical Income Statement

Nextera Energy 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 revenue and expense. Nextera Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Nextera Energy's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 18.9 B, whereas Cost Of Revenue is forecasted to decline to about 6.8 B. View More Fundamentals

Nextera 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 at a given time. Please also check how Nextera Energy's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nextera Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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.
Amy LaneIndependent DirectorProfile
Robert BeallIndependent DirectorProfile
Kristin RoseDirector RelationsProfile
Kenneth DunnIndependent DirectorProfile

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 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 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, 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?

The danger of trading Nextera Energy 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 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 is a strong investment it is important to analyze Nextera Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nextera Energy's future performance. For an informed investment choice regarding Nextera Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextera Energy. 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.
For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.
Note that the Nextera Energy 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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
(0.23)
Dividend Share
1.87
Earnings Share
3.6
Revenue Per Share
13.876
Quarterly Revenue Growth
0.116
The market value of Nextera Energy 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.