NextEra Energy Inc. (NEE): Interesting things to know About NEE


NextEra Energy Inc. (NYSE:NEE) changes shares on Wednesday trading session, with a change of -0.63% or -$1.54 shares. The trading starts at $241.34 and closed at $243.21 throughout the day. The trading session low price was $238.52 and day high was $244.4799 on Wednesday, June 24. After the session, the Utilities sector daily volume shifted to 1.73 million while its average volume is 2.71M. In other hand, the NEE market cap reached to $121.57B. While, its current target price is $241.67 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -2.94% and up 3.14% for month. Its quarterly performance was 14.93% above, while its half year performance is up 1.21%. NEE yearly performance stood at positive 17.19% and fall -0.20% for year-to-date. Current recommendation for NextEra Energy Inc. is 2.20.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NEE EPS (TTM) for 12-month is 7.34. EPS for this year is -38.90%, while for the next year its value is 9.87. Sales growth for the current quarter is 4.08 while its EPS Q/Q reached -41.20%. It has an EPS of 7.20% up for past five years and for the next five years will be up 8.07%.

Let’s take a look on the analyst recommendations on NEE for the current month and previous month. For the current month, 10 of 18 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 1 as underweight and 6 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $234.00-$290.00. Average target price for NEE was reached at $260.19.

The insider ownership moved to 0.20% and institutional holding shifted to 81.30%.

The company posted an EPS (TTM) of 7.34. According to the most recent quarter report on (Jun 2020), 13 analysts estimated an average EPS of 2.49, while 2.35 EPS posted a year ago period. Analyst Estimated EPS for NEE published in the report was 2.32-2.71 during the same period. Comparing with last year, the average estimated EPS was 2.35 which is lower than 2.38 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NEE rise 0.67% for period of 200 days. SMA for 50 days was 0.33% which is showing green signal, while SMA-20 was -3.80%. The moving average value for NextEra Energy Inc. (NEE) is 244.87 and 242.08 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in NEE stock. On Jun 12, ROBO JAMES L, Chairman, President & CEO, sold 20,000 trading shares at the cost of $248.02, which valued at 4.96 million. On May 26, Silagy Eric E, Director, Pres & CEO of Sub, sold 7,389 shares at the cost of $236.13, with total shares of 36,956. On May 01, ROBO JAMES L, Chairman, President & CEO, sold 70,968 shares at the cost of 227.05. After this transaction, ROBO JAMES L total shares reached to 323,370 which valued at 16.11 million.