NextEra Energy, Inc. with ticker code (NEE) now have 15 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 108 and 80 suggesting an average Analsyt target price of $94.85. Given that the stocks previous close was at $78.59 and the analysts are correct then there would likely be a percentage uptick in value of 20.7%. The 50 day moving average now sits at $75.13 while the 200 day moving average is $80.71. The company has a market cap of $159,544m. Visit the company website at: https://www.nexteraenergy.com
The potential market cap would be $192,553m based on the market consensus.
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, coal, and natural gas facilities. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2022, the company had approximately 32,100 megawatts of net generating capacity; approximately 88,000 circuit miles of transmission and distribution lines; and 871 substations. It serves approximately 12 million people through approximately 5.8 million customer accounts in the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.
The company has a dividend yield of 2.38% with the ex dividend date set at 27-2-2023 (DMY).
Other points of data to note are a P/E ratio of 37.55, revenue per share of 10.62 and a 1.57% return on assets.