Latest news with #NEE
Reuters
2 days ago
- Business
- Reuters
NextEra workers net $45 million from sales of company stock
June 12 (Reuters) - NextEra Energy (NEE.N), opens new tab employees realized $45 million in gains from selling company stock in their retirement plan during 2024, reversing heavy losses from the previous two years, the utility disclosed on Thursday. America's largest renewable power company is among several U.S. energy and utility companies that continue to promote big, concentrated bets on company stock in worker retirement plans. The strategy is largely out of favor among U.S. companies, which mostly have diversified their retirement portfolios to avoid heavy losses tied to one investment, according to research by Vanguard Group. NextEra shares accounted for $1.8 billion, or about one-third of the $5.4 billion in total investments in the company's retirement savings plan, the company disclosed in an annual report filed with the U.S. Securities and Exchange Commission. In 2024, NextEra employees realized gains because the company's total return that year was 21.5%. But in 2023, employees took heavy losses from their stock sales. They realized losses of nearly $162 million that year, NextEra SEC disclosures show. Realized losses from employee stock sales totaled $65.5 million in 2022. NextEra was not immediately available for comment.
Yahoo
30-05-2025
- Business
- Yahoo
Why NextEra Energy (NEE) Fell This Week
The share price of NextEra Energy, Inc. (NYSE:NEE) fell by 8.56% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. A wind turbine, its blades spinning to generate clean renewable energy. NextEra Energy, Inc. (NYSE:NEE) is the world's largest generator of renewable energy from the wind and sun and a global leader in battery storage. President Trump's sweeping tax and spending bill, intended to end Biden-era tax credits for clean energy projects years sooner than planned, poses a threat to NextEra Energy, Inc. (NYSE:NEE)'s operations as it is also the Florida Power & Light Company – America's largest electric utility which benefits greatly from Florida's famous sunshine and growing population. However, on the plus side, NEE has positioned itself well during the ongoing global trade war by shifting its tariff exposure to suppliers and contracting with domestic battery manufacturers. While we acknowledge the potential of NEE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NEE and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
Why NextEra Energy (NEE) Fell This Week
The share price of NextEra Energy, Inc. (NYSE:NEE) fell by 8.56% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. A wind turbine, its blades spinning to generate clean renewable energy. NextEra Energy, Inc. (NYSE:NEE) is the world's largest generator of renewable energy from the wind and sun and a global leader in battery storage. President Trump's sweeping tax and spending bill, intended to end Biden-era tax credits for clean energy projects years sooner than planned, poses a threat to NextEra Energy, Inc. (NYSE:NEE)'s operations as it is also the Florida Power & Light Company – America's largest electric utility which benefits greatly from Florida's famous sunshine and growing population. However, on the plus side, NEE has positioned itself well during the ongoing global trade war by shifting its tariff exposure to suppliers and contracting with domestic battery manufacturers. While we acknowledge the potential of NEE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NEE and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Sign in to access your portfolio
Yahoo
19-05-2025
- Business
- Yahoo
Should You Invest in NextEra (NEE) Based on Bullish Wall Street Views?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about NextEra Energy (NEE). NextEra currently has an average brokerage recommendation (ABR) of 1.91, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 22 brokerage firms. An ABR of 1.91 approximates between Strong Buy and Buy. Of the 22 recommendations that derive the current ABR, 13 are Strong Buy, representing 59.1% of all recommendations. Check price target & stock forecast for NextEra here>>>The ABR suggests buying NextEra, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation. Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation. This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. Although both Zacks Rank and ABR are displayed in a range of 1-5, they are different measures altogether. Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices. Looking at the earnings estimate revisions for NextEra, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $3.68. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for NextEra. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for NextEra. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-04-2025
- Business
- Yahoo
NextEra: Q1 Earnings Snapshot
JUNO BEACH, Fla. (AP) — JUNO BEACH, Fla. (AP) — NextEra Energy Inc. (NEE) on Wednesday reported first-quarter profit of $833 million. The Juno Beach, Florida-based company said it had profit of 40 cents per share. Earnings, adjusted for non-recurring costs, were 99 cents per share. The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 97 cents per share. The parent company of Florida Power & Light Co. posted revenue of $6.25 billion in the period. NextEra expects full-year earnings in the range of $3.45 to $3.70 per share. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on NEE at Sign in to access your portfolio
