NextEra Energy, Inc. with ticker code (NEE) now have 16 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 84 calculating the mean target price we have $94.30. Given that the stocks previous close was at $74.07 and the analysts are correct then we can expect a percentage increase in value of 27.3%. It’s also worth noting that there is a 50 day moving average of $75.68 and the 200 day moving average is $80.65. The market capitalization for the company is $153,476m. Company Website: https://www.nexteraenergy.com
The potential market cap would be $195,394m 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 2.4% with the ex dividend date set at 27-2-2023 (DMY).
