News stories about NextEra Energy (NYSE:NEE) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NextEra Energy earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 46.4952153366945 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
- How Does NextEra Energy Inc (NYSE:NEE) Fare As A Dividend Stock? (finance.yahoo.com)
- S.C. investment firm denies offering $10B to buy Santee Cooper (finance.yahoo.com)
- Clean energy company NextEra raises quarterly dividend by 13% to $1.11 (finance.yahoo.com)
- NextEra Energy Inc (NEE) Files 10-K for the Fiscal Year Ended on December 31, 2017 (finance.yahoo.com)
- NextEra Energy declares $1.11 dividend (seekingalpha.com)
NextEra Energy (NYSE NEE) traded up $1.62 during midday trading on Friday, hitting $156.05. 1,632,966 shares of the stock were exchanged, compared to its average volume of 2,360,000. NextEra Energy has a 1-year low of $125.96 and a 1-year high of $159.64. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.64 and a quick ratio of 0.52. The firm has a market capitalization of $73,410.00, a P/E ratio of 13.74, a PEG ratio of 2.55 and a beta of 0.28.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Tuesday, February 27th will be issued a $1.11 dividend. This is a boost from NextEra Energy’s previous quarterly dividend of $0.98. This represents a $4.44 dividend on an annualized basis and a yield of 2.85%. NextEra Energy’s dividend payout ratio is currently 34.60%.
Several analysts have issued reports on the stock. Zacks Investment Research downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Morgan Stanley cut their target price on shares of NextEra Energy from $172.00 to $165.00 and set an “overweight” rating on the stock in a research note on Tuesday. Argus reissued a “buy” rating and set a $173.00 target price on shares of NextEra Energy in a research note on Tuesday, December 5th. They noted that the move was a valuation call. Guggenheim reissued a “buy” rating and set a $182.00 target price on shares of NextEra Energy in a research note on Friday, January 26th. Finally, UBS Group assumed coverage on shares of NextEra Energy in a research note on Friday, February 2nd. They set a “buy” rating and a $177.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $161.38.
In related news, CEO Armando Pimentel, Jr. sold 9,250 shares of the company’s stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of $151.83, for a total value of $1,404,427.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Armando Pimentel, Jr. sold 42,372 shares of the company’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $157.45, for a total transaction of $6,671,471.40. Following the completion of the sale, the chief executive officer now owns 121,958 shares of the company’s stock, valued at $19,202,287.10. The disclosure for this sale can be found here. Corporate insiders own 0.53% of the company’s stock.
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About NextEra Energy
NextEra Energy, Inc (NEE) is a holding company. The Company is an electric power companies in North America and, through its subsidiary NextEra Energy Resources, LLC (NEER) and its affiliated entities, is the generator of renewable energy from the wind and sun. NEE also owns and/or operates generation, transmission and distribution facilities to support its services to retail and wholesale customers, and has investments in gas infrastructure assets.
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