$25.61
Nextera Energy Partners is an utilities - renewable business based in the US. Nextera Energy Partners shares (NEP) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $26.43 – an increase of 6.62% over the previous week.
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Nextera Energy Partners stock price (NYSE: NEP)
Use our graph to track the performance of NEP stocks over time.Nextera Energy Partners shares at a glance
Latest market close | $26.43 |
---|---|
52-week range | $19.25 - $33.88 |
50-day moving average | $25.55 |
200-day moving average | $28.11 |
Wall St. target price | $27.69 |
PE ratio | 16.6364 |
Dividend yield | $3.545 (13.84%) |
Earnings per share (TTM) | $1.54 |
Is it a good time to buy Nextera Energy Partners stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Nextera Energy Partners price performance over time
Historical closes compared with the close of $25.62 from 2024-10-15
1 week (2024-10-10) | 3.35% |
---|---|
1 month (2024-09-17) | 0.83% |
3 months (2024-07-17) | -7.31% |
6 months (2024-04-17) | -6.43% |
1 year (2023-10-17) | 17.42% |
---|---|
2 years (2022-10-17) | -64.01% |
3 years (2021-10-15) | 78.39 |
5 years (2019-10-17) | 47.1727 |
Is Nextera Energy Partners stock undervalued or overvalued?
Valuing Nextera Energy Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nextera Energy Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Nextera Energy Partners's P/E ratio
Nextera Energy Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Nextera Energy Partners shares trade at around 17x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Nextera Energy Partners's PEG ratio
Nextera Energy Partners's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.6359. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Nextera Energy Partners's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Nextera Energy Partners's EBITDA
Nextera Energy Partners's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $639 million.
The EBITDA is a measure of a Nextera Energy Partners's overall financial performance and is widely used to measure a its profitability.
Nextera Energy Partners financials
Revenue TTM | $1.2 billion |
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Operating margin TTM | 18.33% |
Gross profit TTM | $642 million |
Return on assets TTM | 0.08% |
Return on equity TTM | -0.1% |
Profit margin | 25.73% |
Book value | $37.85 |
Market Capitalization | $2.4 billion |
TTM: trailing 12 months
Nextera Energy Partners share dividends
Dividend payout ratio: 111.48% of net profits
Recently Nextera Energy Partners has paid out, on average, around 111.48% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 13.84% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Nextera Energy Partners shareholders could enjoy a 13.84% return on their shares, in the form of dividend payments. In Nextera Energy Partners's case, that would currently equate to about $3.545 per share.
Nextera Energy Partners's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Nextera Energy Partners's most recent dividend payout was on 13 August 2024. The latest dividend was paid out to all shareholders who bought their shares by 5 August 2024 (the "ex-dividend date").
Nextera Energy Partners share price volatility
Over the last 12 months, Nextera Energy Partners's shares have ranged in value from as little as $19.2499 up to $33.8832. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Nextera Energy Partners's is 1.029. This would suggest that Nextera Energy Partners's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Nextera Energy Partners overview
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. .
Frequently asked questions
What percentage of Nextera Energy Partners is owned by insiders or institutions?Currently 2.744% of Nextera Energy Partners shares are held by insiders and 64.34% by institutions. When does the fiscal year end for Nextera Energy Partners?
Nextera Energy Partners's fiscal year ends in December. Where is Nextera Energy Partners based?
Nextera Energy Partners's address is: 700 Universe Boulevard, Juno Beach, FL, United States, 33408 What is Nextera Energy Partners's ISIN number?
Nextera Energy Partners's international securities identification number is: US65341B1061 What is Nextera Energy Partners's CUSIP number?
Nextera Energy Partners's Committee on Uniform Securities Identification Procedures number is: 65341B106
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