NextEra Energy Partners, LP NEP
10.54 0.00 (+0.00%)
At closeJan 31, 2025, 4:00 PM EST
10.11 Day range 10.87
52-week range unavailable
- YTD
- -40.79%
- 1 year
- -63.64%
- Market cap
- 985.85M
- Revenue (ttm)
- 1.17B
- Profit margin
- 17.39%
- Shares out
- 93.53M
- Forward P/E
- 4.97
- Dividend
- 3.60 (22.75%)
- Ex-dividend date
- Nov 5, 2024
- YTD return
- -40.79%
- 1-year return
- -63.64%
- Volume
- 4.56M
- Open
- 10.40
- Previous close
- 10.54
- Day's range
- 10.11 – 10.87
- Beta
- 1.07
- Analysts
- Hold
- Price target
- 13.18 (+25.0%)
- Earnings date
- Jan 28, 2025
1Y -18.43 (-67.09%)
Key statistics
- Enterprise value
- 16.55B
- PEG ratio
- 0.00
- Price / sales
- 0.84
- Price / book
- 0.29
- Dividend yield
- 22.75%
- Payout ratio
- 581.15%
- Revenue growth
- 3.60%
- Free cash flow
- 174.00M
- Total cash
- 290.00M
- Total debt
- 5.17B
- Return on equity
- -1.41%
- Short % of float
- 4.06%
- 50-day average
- 15.26
- 200-day average
- 22.94
Analyst view
Consensus: hold
Hold
Price target (mean) 13.18 +25.0% upside
Now 10.54
- Target (low)
- 7.00
- Target (mean)
- 13.18
- Target (high)
- 22.00
Ratings (0m) 16 2 buy · 11 hold · 3 sell
- Strong buy0
- Buy2
- Hold11
- Sell2
- Strong sell1
Next earnings
Jan 28, 2025
Expected Jan 28, 2025. Consensus EPS estimate 0.147.
Financials — quick view
NEP Revenue — quarterly 319.00M
NEP Net income — quarterly -40.00M
NEP EPS — quarterly -0.43
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Jan 28, 2025 | Dec 1, 2024 | 0.52 | — | — | — |
| Oct 23, 2024 | Sep 1, 2024 | 0.51 | — | — | — |
| Jul 24, 2024 | Jun 1, 2024 | 0.70 | — | — | — |
| Apr 23, 2024 | Mar 1, 2024 | 0.12 | — | — | — |
| Jan 25, 2024 | Dec 1, 2023 | 0.03 | — | — | — |
| Oct 24, 2023 | Sep 1, 2023 | 0.48 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 3, 2025 | Barclays | main | Underweight | Underweight |
| Feb 3, 2025 | Morgan Stanley | down | Overweight | Underweight |
| Jan 29, 2025 | Jefferies | main | Buy | Buy |
| Jan 29, 2025 | Guggenheim | main | Neutral | Neutral |
| Jan 29, 2025 | Scotiabank | main | Sector Perform | Sector Perform |
| Jan 29, 2025 | Wells Fargo | main | Equal-Weight | Equal-Weight |
About NextEra Energy Partners, LP
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects. The company owns contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is based in Juno Beach, Florida.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Country
- United States
- Website
- nexteraenergypartners.com
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| AUSTIN SUSAN DAVENPORT | Director | Stock Award(Grant) | Feb 19, 2024 | 28,950 |
| BYRNE ROBERT J | Director | Stock Award(Grant) | Feb 19, 2024 | 36,210 |
| CREWS TERRELL KIRK II | Chief Financial Officer | Stock Award(Grant) | Feb 19, 2024 | 8,436 |
| DUNNE MICHAEL | Officer and Treasurer | Stock Award(Grant) | Feb 19, 2024 | 5,665 |
| HICKSON MARK E. | Officer and Director | Stock Award(Grant) | Feb 19, 2024 | 25,804 |
| KETCHUM JOHN W. | Chief Executive Officer | Stock Award(Grant) | Feb 19, 2024 | 54,136 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Morgan Stanley | 4.01% | 3,748,614 | 39.51M | Sep 29, 2024 |
| FMR, LLC | 3.45% | 3,228,175 | 34.02M | Sep 29, 2024 |
| ClearBridge Investments Limited | 3.28% | 3,068,283 | 32.34M | Sep 29, 2024 |
| M&G Plc | 3.27% | 3,062,083 | 32.27M | Sep 29, 2024 |
| Brookfield Corp /ON/ | 2.33% | 2,180,320 | 22.98M | Sep 29, 2024 |
| Energy Income Partners, LLC | 1.66% | 1,555,481 | 16.39M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| First Trust North American Energy Infrastructure Fund | 1.16% | 1,084,779 | 11.43M | Nov 29, 2024 |
| NYLI CBRE Global Infrastructure Megatrends Term Fund | 0.85% | 794,852 | 8.38M | Nov 29, 2024 |
| NYLI VP-Fidelity Institutional AM Utilities Portfolio | 0.71% | 668,432 | 7.05M | Sep 29, 2024 |
| Vanguard Utilities Index Fund | 0.63% | 591,939 | 6.24M | Nov 29, 2024 |
| FlexShares Tr-FlexShares Quality Dividend Index Fd | 0.61% | 568,980 | 6.00M | Nov 29, 2024 |
| First Tr Exch Traded Fd VIII-FT Energy Income Part Enhanced Income ETF | 0.49% | 458,603 | 4.83M | Nov 29, 2024 |