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The price of NextEra Energy Inc (NYSE: NEE) closed at $73.22 in the last session, down -1.03% from day before closing price of $73.98. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 6.97 million shares were traded. NEE stock price reached its highest trading level at $74.08 during the session, while it also had its lowest trading level at $73.09.
Ratios:
We take a closer look at NEE’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 60.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.93. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 0.41. In the meantime, Its Debt-to-Equity ratio is 1.65 whereas as Long-Term Debt/Eq ratio is at 1.32.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on September 19, 2024, initiated with a Hold rating and assigned the stock a target price of $87.
On June 12, 2024, Mizuho Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $71.
On April 10, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $66.Barclays initiated its Equal Weight rating on April 10, 2024, with a $66 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 12 ’24 when Daggs Nicole J sold 4,007 shares for $75.57 per share. The transaction valued at 302,809 led to the insider holds 15,792 shares of the business.
Daggs Nicole J bought 4,007 shares of NEE for $302,809 on Nov 12 ’24. On Sep 16 ’24, another insider, Sieving Charles E, who serves as the EVP, Chief Legal of the company, sold 37,588 shares for $85.00 each. As a result, the insider received 3,194,980 and left with 197,692 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NEE now has a Market Capitalization of 152132861952 and an Enterprise Value of 240560947200. As of this moment, NextEra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.67, and their Forward P/E ratio for the next fiscal year is 19.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.36 while its Price-to-Book (P/B) ratio in mrq is 3.01. Its current Enterprise Value per Revenue stands at 9.166 whereas that against EBITDA is 16.502.
Stock Price History:
Over the past 52 weeks, NEE has reached a high of $86.10, while it has fallen to a 52-week low of $53.95. The 50-Day Moving Average of the stock is -7.01%, while the 200-Day Moving Average is calculated to be -1.16%.
Shares Statistics:
According to the various share statistics, NEE traded on average about 10.43M shares per day over the past 3-months and 8328290 shares per day over the past 10 days. A total of 2.06B shares are outstanding, with a floating share count of 2.05B. Insiders hold about 0.08% of the company’s shares, while institutions hold 81.43% stake in the company. Shares short for NEE as of 1732838400 were 33326206 with a Short Ratio of 3.20, compared to 1730332800 on 32228060. Therefore, it implies a Short% of Shares Outstanding of 33326206 and a Short% of Float of 1.6199999999999999.
Dividends & Splits
The forward annual dividend rate for NEE is 2.06, which was 2.013 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.027210055The stock’s 5-year Average Dividend Yield is 2.25.