NextEra Energy Inc (NYSE: NEE) is -4.46% lower on its value in year-to-date trading and has touched a low of $53.95 and a high of $86.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NEE stock was last observed hovering at around $70.85 in the last trading session, with the day’s loss setting it -2.36%.
Currently trading at $68.49, the stock is -3.13% and -6.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.41 million and changing -3.33% at the moment leaves the stock -9.24% off its SMA200. NEE registered 19.61% gain for a year compared to 6-month loss of -6.05%. The firm has a 50-day simple moving average (SMA 50) of $73.4444 and a 200-day simple moving average (SMA200) of $75.4634.
The stock witnessed a -2.88% gain in the last 1 month and extending the period to 3 months gives it a -18.83%, and is 0.75% 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 2.31% over the week and 2.03% over the month.
NextEra Energy Inc (NEE) has around 16800 employees, a market worth around $140.84B and $23.66B in sales. Current P/E ratio is 20.27 and Fwd P/E is 18.58. Profit margin for the company is 29.38%. Distance from 52-week low is 26.95% and -20.45% from its 52-week high. The company has generated returns on investments over the last 12 months (5.99%).
with sales reaching $7.97B over the same period.The EPS is expected to grow by 8.01% this year, but quarterly earnings will post -3.29% year-over-year. Quarterly sales are estimated to grow 15.89% in year-over-year returns.
3341.0 institutions hold shares in NextEra Energy Inc (NEE), with institutional investors hold 82.66% of the company’s shares. The shares outstanding are 2.06B, and float is at 2.05B with Short Float at 1.68%. Institutions hold 82.59% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 200.91 million shares valued at $14.23 billion. The investor’s holdings represent 9.7935 of the NEE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 150.31 million shares valued at $10.64 billion to account for 7.3267 of the shares outstanding. The other top investors are STATE STREET CORP which holds 106.51 million shares representing 5.1918 and valued at over $7.54 billion, while JPMORGAN CHASE & CO holds 4.1097 of the shares totaling 84.35 million with a market value of $5.97 billion.
NextEra Energy Inc (NEE) Insider Activity
The most recent transaction is an insider sale by Daggs Nicole J, the company’s EVP, Human Res & Corp Svcs. SEC filings show that Daggs Nicole J sold 4,007 shares of the company’s common stock on Nov 12 ’24 at a price of $75.57 per share for a total of $0.3 million. Following the sale, the insider now owns 15792.0 shares.
Still, SEC filings show that on Sep 16 ’24, Sieving Charles E (EVP, Chief Legal) disposed off 37,588 shares at an average price of $85.00 for $3.19 million. The insider now directly holds 197,692 shares of NextEra Energy Inc (NEE).
