Nextra EnergyNEE
Market Cap: 153B
About: NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 34 GW of generation capacity, including natural gas, nuclear, wind, and solar.
Employees: 16,800
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
261.73% more ownership
Funds ownership: 78.71% [Q4 2023] → 340.45% (+261.73%) [Q1 2024]
51% more call options, than puts
Call options by funds: $1.58B | Put options by funds: $1.04B
29% more repeat investments, than reductions
Existing positions increased: 1,080 | Existing positions reduced: 838
21% more funds holding in top 10
Funds holding in top 10: 38 [Q4 2023] → 46 (+8) [Q1 2024]
12% more first-time investments, than exits
New positions opened: 203 | Existing positions closed: 181
2% more capital invested
Capital invested by funds: $98.2B [Q4 2023] → $100B (+$2.22B) [Q1 2024]
1% more funds holding
Funds holding: 2,349 [Q4 2023] → 2,371 (+22) [Q1 2024]
Research analyst outlook
26 Wall Street Analysts provided 1 year price forecasts over the past 6 months
26 analyst ratings
Barclays Betty Jiang | 1%upside $75 | Equal-Weight Maintained | 26 Jul 2024 |
BMO Capital James Thalacker | 12%upside $83 | Outperform Maintained | 15 Jul 2024 |
Barclays Nicholas Campanella | 3%downside $72 | Equal-Weight Maintained | 9 Jul 2024 |
Citigroup Ryan Levine | 13%upside $84 | Buy Maintained | 27 Jun 2024 |
JP Morgan Christopher Turnure | 21%upside $90 | Overweight Maintained | 20 Jun 2024 |
Financial journalist opinion
Based on 71 articles about NEE published over the past 30 days