Summary
NEE Chart
Here is What to Know Beyond Why NextEra Energy, Inc. (NEE) is a Trending Stock
Zacks.com users have recently been watching NextEra (NEE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
How to Play NextEra Energy Stock After Q1 Earnings Beat
NEE continues to gain from the decline in interest rates, low-cost strategically located assets, and increasing clean energy generation capacity to meet demand from its expanding customers.
NextEra: A Strong Q1, Shares Now Undervalued, Upgrading To Buy
Upgrading NextEra Energy to a buy due to improved valuation; shares are now trading at a sub-20x P/E, making them about 20% undervalued. NEE's Q1 results showed a 9% YoY adjusted EPS increase, driven by Florida Power & Light and renewable energy projects, despite mixed technical indicators. Management reaffirmed 6-8% earnings growth and 10% dividend increases through 2026; the stock offers a 3.4% forward yield.
Nextera Energy Inc. (NEE) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Nextera Energy Inc. ever had a stock split?
Nextera Energy Inc. Profile
| Other Industry | Other Sector | Mr. John W. Ketchum CEO | XMEX Exchange | US65339F1012 ISIN |
| DE Country | - Employees | 28 Feb 2025 Last Dividend | 27 Oct 2020 Last Split | 10 Jan 2003 IPO Date |
Overview
NextEra Energy, Inc. is a prominent player in the North American electric power sector, delivering a broad range of energy services. Having evolved from its original identity as FPL Group, Inc., the company underwent a rebranding to NextEra Energy, Inc. in 2010. With its foundations laid in 1925, the company has developed a robust infrastructure for producing, transmitting, and distributing electric power, addressing the energy needs of retail and wholesale customers. NextEra Energy, Inc. stands out for its commitment to clean energy, prominently featuring renewable energy sources like wind, solar, and nuclear power alongside natural gas. It boasts an impressive operational scale, with approximately 33,276 megawatts of net generating capacity, around 90,000 circuit miles of transmission and distribution lines, and 883 substations. This extensive network enables NextEra Energy, Inc. to serve around 12 million people through about 5.9 million customer accounts, particularly in the eastern and lower western coasts of Florida. The company is headquartered in Juno Beach, Florida, embodying a long-standing tradition of innovation and customer service in the energy sector.
Products and Services
- Electric Power Generation:
- Transmission and Distribution:
- Clean Energy Solutions:
- Energy Commodities Sales:
- Electric Generation Facilities Operation:
NextEra Energy specializes in generating electricity through a variety of clean and renewable sources. This includes wind, solar, and nuclear energy, as well as natural gas. This diverse energy mix enables the company to offer environmentally friendly power options to its customers while maintaining a strong commitment to sustainability.
The company's operations encompass the transmission, distribution, and sale of electric power to both retail and wholesale customers. With approximately 90,000 circuit miles of transmission and distribution lines and 883 substations, NextEra Energy ensures a reliable supply of electricity across its service areas.
NextEra Energy is at the forefront of developing, constructing, and operating assets that provide clean energy solutions. These include renewable generation facilities, battery storage projects, and electric transmission facilities. By focusing on long-term contracted assets, the company plays a pivotal role in advancing the transition towards a sustainable energy future.
In addition to generating and distributing electric power, NextEra Energy engages in the sale of energy commodities. This aspect of its business model allows the company to maximize the value of its diverse energy portfolio, catering to a broad spectrum of customer needs in the energy market.
NextEra Energy owns, develops, constructs, manages, and operates electric generation facilities in wholesale energy markets. This comprehensive involvement in the energy generation process exemplifies the company's integrated approach to meeting the demands of today's energy consumers.
Contact Information
