NextEra Energy Inc (NYSE: NEE) is -3.67% 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 $68.50 in the last trading session, with the day’s gains setting it 0.56%.
Currently trading at $69.06, the stock is -1.34% and -2.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.47 million and changing 0.82% at the moment leaves the stock -9.06% off its SMA200. NEE registered 20.59% gain for a year compared to 6-month loss of -12.10%.
The stock witnessed a -2.40% gain in the last 1 month and extending the period to 3 months gives it a -8.26%, and is -1.81% down 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 1.63% over the week and 2.45% over the month.
NextEra Energy Inc (NEE) has around 16800 employees, a market worth around $142.06B and $23.77B in sales. Current P/E ratio is 20.47 and Fwd P/E is 17.28. Profit margin for the company is 29.22%. Distance from 52-week low is 28.01% and -19.79% from its 52-week high. The company has generated returns on investments over the last 12 months (5.67%).
with sales reaching $6.68B over the same period.The EPS is expected to grow by 7.17% this year, but quarterly earnings will post 19.35% year-over-year. Quarterly sales are estimated to grow 16.52% in year-over-year returns.
The shares outstanding are 2.06B, and float is at 2.05B with Short Float at 1.69%.
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
NextEra Energy Inc disclosed in a document filed with the SEC on Nov 12 ’24 that Daggs Nicole J (EVP, Human Res & Corp Svcs) sold a total of 4,007 shares of the company’s common stock. The trade occurred on Nov 12 ’24 and was made at $75.57 per share for $0.3 million. Following the transaction, the insider now directly holds 15792.0 shares of the NEE stock.
Still, SEC filings show that on Nov 12 ’24, Daggs Nicole J (Officer) Proposed Sale 4,007 shares at an average price of $75.57 for $0.3 million. The insider now directly holds shares of NextEra Energy Inc (NEE).
