Nextera Energy Inc (NYSE:NEE): Positive Stock Sentiment

September 30, 2018 - By Megan Stone

NextEra Energy, Inc. (NYSE:NEE) Logo

Sentiment for Nextera Energy Inc (NYSE:NEE)

Nextera Energy Inc (NYSE:NEE) institutional sentiment increased to 1.06 in 2018 Q2. Its up 0.21, from 0.85 in 2018Q1. The ratio is positive, as 467 investment professionals increased or started new equity positions, while 441 trimmed and sold stock positions in Nextera Energy Inc. The investment professionals in our partner’s database now have: 344.59 million shares, up from 342.36 million shares in 2018Q1. Also, the number of investment professionals holding Nextera Energy Inc in their top 10 equity positions decreased from 34 to 31 for a decrease of 3. Sold All: 52 Reduced: 389 Increased: 376 New Position: 91.

NextEra Energy, Inc., through its subsidiaries, generates, transmits, and distributes electric power to retail and wholesale clients in North America. The company has market cap of $79.04 billion. The firm generates electricity through wind, solar, nuclear, and natural gas-fired facilities. It has a 9.7 P/E ratio. It also provides risk management services related to power and gas consumption.

The stock increased 1.21% or $2.01 during the last trading session, reaching $167.6. About 2.36 million shares traded or 39.26% up from the average. NextEra Energy, Inc. (NYSE:NEE) has risen 15.67% since September 30, 2017 and is uptrending. It has outperformed by 0.05% the S&P500.

Analysts await NextEra Energy, Inc. (NYSE:NEE) to report earnings on October, 25. They expect $2.15 EPS, up 16.22 % or $0.30 from last year’s $1.85 per share. NEE’s profit will be $1.01 billion for 19.49 P/E if the $2.15 EPS becomes a reality. After $2.11 actual EPS reported by NextEra Energy, Inc. for the previous quarter, Wall Street now forecasts 1.90 % EPS growth.

Lehman Financial Resources Inc. holds 23.7% of its portfolio in NextEra Energy, Inc. for 281,494 shares. Ecofin Ltd owns 114,919 shares or 12.85% of their US portfolio. Moreover, Lomas Capital Management Llc has 5.64% invested in the company for 194,654 shares. The Massachusetts-based Crow Point Partners Llc has invested 5.45% in the stock. Reaves W H & Co Inc, a New Jersey-based fund reported 935,624 shares.

Since January 1, 0001, it had 0 insider buys, and 8 insider sales for $27.41 million activity.

NextEra Energy, Inc. (NYSE:NEE) Ratings Coverage

Ratings analysis reveals 71% of NextEra Energy’s analysts are positive. Out of 7 Wall Street analysts rating NextEra Energy, 5 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $168 while the high is $191. The stock’s average target of $181.67 is 8.39% above today’s ($167.6) share price. NEE was included in 13 notes of analysts from April 10, 2018. The firm has “Outperform” rating given on Monday, September 17 by Wells Fargo. The stock of NextEra Energy, Inc. (NYSE:NEE) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, July 19. The stock has “Overweight” rating by KeyBanc Capital Markets on Wednesday, April 18. JP Morgan maintained the shares of NEE in report on Thursday, April 26 with “Overweight” rating. The firm earned “Overweight” rating on Tuesday, September 11 by Morgan Stanley. Morgan Stanley maintained the shares of NEE in report on Monday, July 16 with “Overweight” rating. The company was maintained on Friday, September 21 by Morgan Stanley. The firm has “Overweight” rating given on Tuesday, April 10 by JP Morgan. The firm earned “Overweight” rating on Monday, April 16 by Morgan Stanley. The stock of NextEra Energy, Inc. (NYSE:NEE) earned “Overweight” rating by Morgan Stanley on Wednesday, June 13.

NextEra Energy, Inc. (NYSE:NEE) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: