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In the latest session, NextEra Energy Inc (NYSE: NEE) closed at $70.97 down -6.62% from its previous closing price of $76.00. In other words, the price has decreased by -$6.62 from its previous closing price. On the day, 19.57 million shares were traded. NEE stock price reached its highest trading level at $74.4 during the session, while it also had its lowest trading level at $70.76.
Ratios:
For a deeper understanding of NextEra Energy Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 65.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.51. In the meantime, Its Debt-to-Equity ratio is 1.64 whereas as Long-Term Debt/Eq ratio is at 1.35.
On April 10, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $66.
On December 08, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $69.Citigroup initiated its Buy rating on December 08, 2023, with a $69 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 31 ’24 when Sieving Charles E sold 51,723 shares for $78.55 per share. The transaction valued at 4,062,600 led to the insider holds 197,692 shares of the business.
May James Michael sold 1,938 shares of NEE for $114,342 on Mar 13 ’24. The VP, Controller and CAO now owns 17,432 shares after completing the transaction at $59.00 per share. On Feb 07 ’24, another insider, HACHIGIAN KIRK S, who serves as the Director of the company, bought 20,000 shares for $55.84 each. As a result, the insider paid 1,116,700 and bolstered with 25,000 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 145809997824 and an Enterprise Value of 245187477504. As of this moment, NextEra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.34, and their Forward P/E ratio for the next fiscal year is 19.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.08 while its Price-to-Book (P/B) ratio in mrq is 3.00. Its current Enterprise Value per Revenue stands at 9.038 whereas that against EBITDA is 16.013.
Stock Price History:
The Beta on a monthly basis for NEE is 0.54, which has changed by 0.05482304 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, NEE has reached a high of $80.47, while it has fallen to a 52-week low of $47.15. The 50-Day Moving Average of the stock is -4.15%, while the 200-Day Moving Average is calculated to be 13.32%.
Shares Statistics:
For the past three months, NEE has traded an average of 11.63M shares per day and 9818030 over the past ten days. A total of 2.05B shares are outstanding, with a floating share count of 2.05B. Insiders hold about 0.08% of the company’s shares, while institutions hold 80.13% stake in the company. Shares short for NEE as of 1719532800 were 38155210 with a Short Ratio of 3.28, compared to 1717113600 on 46722566. Therefore, it implies a Short% of Shares Outstanding of 38155210 and a Short% of Float of 1.8599999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for NEE is 1.97, from 1.918 in the trailing year. Against a Trailing Annual Dividend Yield of 0.025236841The stock’s 5-year Average Dividend Yield is 2.22. The current Payout Ratio is 51.95% for NEE, which recently paid a dividend on 2024-06-03 with an ex-dividend date of 1717372800. Stock splits for the company last occurred on 2020-10-27 when the company split stock in a 4:1 ratio.
