Alex Potemkin/iStock via Getty Images I am keeping low-beta (0.51) NextEra Energy (NYSE:NEE) at “buy” as with my previous report. NextEra has two primary parts: its Florida utility business (FPL) which serves 5.9 million customer accounts (about 12 million people) and its national renewables energy project business, NextEra Energy Resources (NEER). This rating applies only…
Henrik Sorensen/DigitalVision via Getty Images In our last coverage of NextEra Energy Partners, LP (NYSE:NEP), we talked mainly about everyone’s favorite breakfast item. Toast. Our take is that inflation will prove stickier than expected and even the normalization of the 3-month-10 Year Treasury relationship suggests a 5.5% 10 year note. If that outlook comes to…
Gunther Fraulob NextEra Energy (NYSE:NEE) is an incredible dividend growth machine. The electric utility last declared a quarterly cash dividend of $0.515 per share, a remarkable 10% hike sequentially and $2.06 per share annualized for a 3.2% dividend yield. NEE has also guided to grow its dividend by at least 10% per year for the…
Feverpitched I originally bought NextEra Energy Partners (NYSE:NEP) a bit too soon (last year on the dip before the big drop in late September). However, while several prominent authors on Seeking Alpha were calling it a Sell and/or urging investors to scramble for the exits, I doubled down in the low $20s and explained my…
taikrixel NextEra Energy (NYSE:NEE) investors have underperformed the S&P 500 (SPX) (SPY) over the past year, notwithstanding its solid execution amid a challenging macroeconomic backdrop. I last updated NEE investors in December 2023, assessing the possibility of a further recovery as interest rates declined from their October 2023 highs. However, NEE Bulls lost momentum as…
Daniel Bosma/Moment via Getty Images NextEra Energy Inc. (NYSE:NEE) is an American energy company. Founded in 1925, NextEra Energy is now a $116 billion (by market cap) power utility giant that employs more than 15,000 people. By market cap, this is the largest utility holding company in the US. NextEra Energy reports results across three…
pixdeluxe NextEra Energy (NYSE:NEE) (NEP) reported a strong end to FY23 with both strength at the top line and durable EBITDA margin expansion, with total backlog growing to 20GW. The firm anticipates exceptional growth throughout the next 3 years and anticipates to grow the NEP distribution by 6% annually through 2027 and the NEE dividend…
Baby Cannot Believe The 12% Yield Is Not Safe Shangarey/iStock via Getty Images On our last coverage of NextEra Energy Partners, LP. (NYSE:NEP) we made the case that investors will go through five stages of grief as they try and stay attached to this broken distribution growth story. While we had high confidence on how…
pidjoe Investment Thesis NextEra Energy (NYSE:NEE) is one of the largest utilities providers in the United States. The firm’s utility, “Florida Power & Light” is the largest in the nation with the firm also developing a worldclass renewable energy business. An attractive market position and good relationship with regulators in Florida allow FPL to act…
amgun Introduction With 2023 in the past, many investors are probably wondering how the new year will shape up to be. Will we see a bull market? Or will 2024 be more of the same? I’m honestly looking forward to this year and think stocks will do fairly well, but some sectors may not. One…
pidjoe Thesis: NextEra Energy (NYSE:NEE) has had a surprisingly volatile 2023 for a blue-chip utility stock and is currently down 30% across the last year. This extreme weakness represents an opportunity to be greedy and accumulate shares for a promising 2024. Pairing strong dividend growth, a commanding positioning in the industry, and a picture-perfect macroeconomic…
pidjoe NextEra Energy Partners (NEP) and Brookfield Renewable Partners (BEP) are both players in the renewable energy sector that has witnessed substantial share price declines as the industry fell out of favor. Several key players in the industry have become heavily indebted and would need to refinance their debt at substantially higher amounts in the…
Lorraine Boogich/iStock via Getty Images Investment Thesis NextEra Energy (NYSE:NEE.PK)(NYSE:NEE.PK)(NEE.PR.R) is an attractive option having a good combination, especially with a balanced portfolio of conventional and renewable energy sources. As of 2023, the organization has shown impressive financial records with adjusted earnings increasing but a dip in net income. Its subsidiary, Florida Power & Light…
Hiraman/E+ via Getty Images Co-authored by Treading Softly. I know a number of people who try to live their lives with the concept of having “no regrets.” Ironically, it’s usually people who have that push in their life who carry some of the biggest regrets in their past that they fail to address effectively. There’s…
pidjoe Utility stocks have been extremely weak in 2023, partly because we’ve seen a tremendous bull market, but also because they’re highly sensitive to interest rates. We know that defensive sectors like utilities underperform when equity markets are doing well, and that has been the case again in 2023. But what I see as changing…
pcess609 Units of NextEra Energy Partners (NYSE:NEP) were obliterated since mid-September after the partnership said that it was gutting its growth outlook in order to respond to high interest rates. The company’s units lost more than half of their value after the partnership guided for weaker distribution per-unit growth recently… which came as a massive…
olm26250 Introduction Markets are in turmoil. While the S&P 500 is still holding up well, real carnage has taken place in defensive sectors. Looking at the data below, we see that utilities, real estate, and consumer defensive stocks were among the biggest losers of the past three months. Utilities fell more than 15%, making it…
iantfoto Unitholders in NextEra Energy Partners, LP (NYSE:NEP) have suffered the worst hammering since the COVID pandemic, leading to NEP’s March 2020 lows at the $29 level. Incredibly, the significant guidance downgrade highlighted by NEP CEO John Ketchum led to a re-test of that level this week, as investors witnessed NEP revisiting the levels last…
PM Images NextEra Energy (NYSE:NEE) has seen better days as its share price has declined by -19.24% in 2023. NextEra has broken through the bottom of a multiyear range, and shares are trading at the same valuation as in the summer of 2020. I normally write articles about energy infrastructure companies in the oil and…
frender This article was coproduced with Dividend Sensei. It’s been years since NextEra Energy (NYSE:NEE) was finally reasonably priced or a good buy. FAST Graphs, FactSet NextEra hasn’t been reasonably priced for five years. For the first time in half a decade, prudent income growth investors can buy it without paying an absurd premium as…
pidjoe NextEra Energy Partners (NYSE:NEP), once a high-flying dividend stock, has seen its stock price languish amidst higher interest rates. With the stock yielding nearly 7%, dividend investors may be wondering if it is time to “back the truck up” so to speak. Investors may be having trouble adjusting to the reality of the higher…
pcess609 Introduction NextEra Energy (NYSE:NEE) is a leading company in the production of electric power and energy infrastructure in the United States and Canada. NEE’s business structure is a combination of regulated utilities and renewables that provide capacity for higher long-term growth in the future. The company’s business mainly includes FPL, one of the largest…