NextEra Energy (NYSE:NEE) Given New $80.00 Price Target at Mizuho
by Sarita Garza · The Markets DailyNextEra Energy (NYSE:NEE – Free Report) had its price objective trimmed by Mizuho from $95.00 to $80.00 in a research report released on Tuesday morning, MarketBeat Ratings reports. The firm currently has a neutral rating on the utilities provider’s stock.
A number of other research firms have also weighed in on NEE. Weiss Ratings reissued a “buy (b-)” rating on shares of NextEra Energy in a research report on Tuesday, September 8th. Wall Street Zen lowered shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday. Barclays set a $91.00 target price on shares of NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Jefferies Financial Group set a $94.00 price target on NextEra Energy in a report on Tuesday, July 14th. Finally, Bank of America reduced their price target on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Eighteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $98.95.
NextEra Energy Stock Up 2.2%
NEE opened at $77.94 on Tuesday. The firm has a market cap of $162.59 billion, a P/E ratio of 17.52, a PEG ratio of 2.36 and a beta of 0.64. The business’s fifty day simple moving average is $82.47 and its 200 day simple moving average is $87.32. NextEra Energy has a 52 week low of $74.41 and a 52 week high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45.
NextEra Energy (NYSE:NEE – Get Free Report) last announced its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.04. The firm had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities research analysts anticipate that NextEra Energy will post 4.01 EPS for the current fiscal year.
NextEra Energy Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were given a $0.6232 dividend. The ex-dividend date of this dividend was Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 3.2%. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.
Institutional Investors Weigh In On NextEra Energy
Institutional investors have recently bought and sold shares of the stock. Deutsche Bank AG grew its stake in shares of NextEra Energy by 2.9% during the 4th quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock valued at $1,387,347,000 after buying an additional 485,854 shares during the period. Legal & General Group Plc acquired a new stake in shares of NextEra Energy during the 2nd quarter worth $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of NextEra Energy by 5.8% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,302,084 shares of the utilities provider’s stock worth $1,430,834,000 after buying an additional 895,824 shares during the period. Amundi raised its position in shares of NextEra Energy by 46.5% in the 2nd quarter. Amundi now owns 13,329,077 shares of the utilities provider’s stock worth $1,169,839,000 after buying an additional 4,231,814 shares during the period. Finally, Bessemer Group Inc. raised its position in shares of NextEra Energy by 8.5% in the 1st quarter. Bessemer Group Inc. now owns 10,187,013 shares of the utilities provider’s stock worth $946,169,000 after buying an additional 799,546 shares during the period. 78.72% of the stock is currently owned by hedge funds and other institutional investors.
More NextEra Energy News
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Investment commentary identified NextEra Energy as an oversold, high-yielding dividend stock trading near its 52-week low. The thesis is that its depressed valuation and income potential could attract contrarian and long-term investors. 3 Dividend Stocks Worth Buying Near Their 52-Week Lows
- Positive Sentiment: NextEra Energy outperformed the broader stock market in the latest session, reaching $77.88. The coverage highlights the company’s recent relative strength despite its longer-term decline from its 52-week high. NextEra Energy Laps the Stock Market
- Neutral Sentiment: NextEra announced a proposed settlement of shareholder derivative actions. The settlement is subject to court review, so it may reduce legal uncertainty if approved, but the notice also indicates that the litigation process is not yet complete. Summary Notice of Pendency and Proposed Settlement of Derivative Actions
- Negative Sentiment: Mizuho lowered its price target for NextEra Energy from $95 to $80 and maintained a neutral rating, leaving only modest implied upside based on the cited trading level. The reduction signals more cautious expectations for the stock. NextEra Energy Stock Price Target Lowered at Mizuho
- Negative Sentiment: Scotiabank also reduced its price target, to $99, adding to the recent pressure from analyst revisions even though that target remains above the current share price. Scotiabank Cuts Target for NextEra Energy Stock
About NextEra Energy
NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), the company generates, transmits, distributes and sells electricity to customers across Florida. FPL serves residential, commercial and industrial customers and operates a diverse generation portfolio that includes natural gas, solar, nuclear and other resources.
NextEra Energy’s other major business, NextEra Energy Resources, develops, owns and operates energy projects in the United States and Canada.
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