Shares of NextEra Energy Partners (NYSE: NEP) fell on Monday, down 8.7% in today’s trading. The master limited partnership (MLP) focused on buying and holding renewable energy projects from parent utility NextEra Energy (NYSE: NEE) was down after a Wall Street analyst downgraded the stock and lowered his price target. Why? A potential cut to […]
NextEra Energy (NYSE: NEE) is one of the largest utility stocks you can buy, with a huge $150 billion market cap. But that market cap is really a function of the stock’s popularity on Wall Street, which has left it with a somewhat miserly dividend yield of 2.8%. The average utility’s yield is 3%, using […]
NextEra Energy (NYSE: NEE) has a dividend yield of around 2.7% today. Income investors and those with a value bias probably won’t want to buy its shares, but if you like dividend growth stocks, the 10% annualized payout growth NextEra Energy has achieved over the past decade will probably get your juices flowing. And if […]
Shares of Florida utility giant and renewable power developer NextEra Energy (NYSE: NEE) fell 5.5% on Tuesday. Although utilities are supposed to be a stable and somewhat “boring” sector, they have been anything but over the past year. In NextEra’s case, the stock swooned last year as long-term interest rates rose, but it recovered in […]
NextEra Energy (NYSE: NEE) is an oddity in the utility sector. It has generated fairly rapid earnings and dividend growth in what is usually viewed as a somewhat sleepy sector of the market. Management is providing earnings and dividend guidance out to 2026. Here’s what that forecast suggests about the future for NextEra Energy investors. […]
Shares of NextEra Energy Partners (NYSE: NEP) were plunging today, down 8.1% as of 2:45 p.m. ET. The company, which is a renewable energy master limited partnership, buys and holds cash-flowing solar, wind, and geothermal projects under long-term power purchase agreements (PPAs), then pays out most cash flow as distributions to unitholders. In recent days, […]
NextEra Energy‘s (NYSE: NEE) dividend yield is near its highest levels of the past decade, which suggests that it is on sale today. But that yield, at roughly 3.3% or so, is still only about average for a utility stock. If you are trying to maximize current income, this utility alternative is a Dividend King, […]
The efficient markets hypothesis suggests that stock prices are rational, but anyone who invests for long enough knows that this isn’t always true over short periods of time. Right now, NextEra Energy (NYSE: NEE) looks like it is being mispriced. There are reasons why Wall Street is worried, but the company’s management team seems as […]
NextEra Energy Partners (NYSE: NEP) is showing up on high-yield screens today thanks to its huge 12%+ distribution yield. This wasn’t always the situation, noting that the yield was closer to 4% at the end of 2022. The steep unit price decline that pushed the yield higher is worth examining, but the potential fallout from […]
NextEra Energy Partners (NYSE: NEP) has increased its distribution annually for nine consecutive years. That puts it on the cusp of achieving the key milestone of a decade. At this point, management seems pretty confident that it will hit that target, projecting annual distribution growth of around 6% through 2026. So why is NextEra Energy […]
The broader energy industry has steadily shifted over the past few decades. Today, renewable energy contributes about 20% of electricity in the United States, recently surpassing coal for the first time. NextEra Energy (NYSE: NEE) has benefited both as an electric utility and a renewable energy producer. The stock has returned a stellar 13,000% over […]
Shares of NextEra Energy Partners (NYSE: NEP) tumbled Monday morning and were trading 5.5% lower as of 10:45 a.m. ET. The renewable energy company announced its fourth-quarter earnings on Jan. 25, and while management reiterated its dividend growth goal through 2026, interest rates significantly influence the company’s growth. Based on Monday morning’s macroeconomic updates, investors […]