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Nextra Energy
NEE

$72.98
1.31%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 23 analysts
0
News positive %
of 59 articles

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

23 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$66
10%
downside
Avg. target
$77
6%
upside
High target
$95
30%
upside

23 analyst ratings

17 positive
74%
neutral
26%
negative
0%
JP Morgan
Christopher Turnure
23%upside
$90
Overweight
Maintained
20 Jun 2024
Barclays
Betty Jiang
0%upside
$73
Equal-Weight
Maintained
13 Jun 2024
BMO Capital
James Thalacker
8%upside
$79
Outperform
Maintained
12 Jun 2024
Evercore ISI Group
Durgesh Chopra
3%upside
$75
In-Line
Maintained
12 Jun 2024
RBC Capital
Shelby Tucker
15%upside
$84
Outperform
Maintained
12 Jun 2024

Financial journalist opinion

Based on 59 articles about NEE published over the past 30 days