NextEra Energy Inc (NYSE: NEE) is 18.72% higher on its value in year-to-date trading and has touched a low of $47.15 and a high of $80.47 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NEE stock was last observed hovering at around $72.90 in the last trading session, with the day’s loss setting it -0.79%.
Currently trading at $72.11, the stock is -0.34% and -2.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.0 million and changing -1.08% at the moment leaves the stock 14.36% off its SMA200. NEE registered -4.99% loss for a year compared to 6-month gain of 26.84%.
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The stock witnessed a -0.96% loss in the last 1 month and extending the period to 3 months gives it a 10.41%, and is 0.29% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.89% over the week and 2.27% over the month.
NextEra Energy Inc (NEE) has around 16800 employees, a market worth around $148.15B and $23.99B in sales. Current P/E ratio is 19.65 and Fwd P/E is 19.55. Profit margin for the company is 31.23%. Distance from 52-week low is 52.95% and -10.39% from its 52-week high. The company has generated returns on investments over the last 12 months (6.54%).
The EPS is expected to grow by 7.52% this year.
NextEra Energy Inc (NEE) Top Institutional Holders
The shares outstanding are 2.05B, and float is at 2.05B with Short Float at 1.86%.
NextEra Energy Inc (NEE) Insider Activity
The most recent transaction is an insider sale by Sieving Charles E,the company’sEVP, Chief Legal. SEC filings show that Sieving Charles E sold 51,723 shares of the company’s common stock on May 31 ’24 at a price of $78.55 per share for a total of $4.06 million. Following the sale, the insider now owns 0.2 million shares.
NextEra Energy Inc disclosed in a document filed with the SEC on Mar 13 ’24 that May James Michael (VP, Controller and CAO) sold a total of 1,938 shares of the company’s common stock. The trade occurred on Mar 13 ’24 and was made at $59.00 per share for $0.11 million. Following the transaction, the insider now directly holds 17432.0 shares of the NEE stock.
Still, SEC filings show that on Feb 07 ’24, HACHIGIAN KIRK S (Director) acquired 20,000 shares at an average price of $55.84 for $1.12 million. The insider now directly holds 25,000 shares of NextEra Energy Inc (NEE).
