There is no way NextEra Energy Inc (NEE) can keep these numbers up

With 6.71 million shares changed hands, the volume of the stock remained lighter than its average volume of 11.66 million shares. During the session, the Utilities – Regulated Electric company that operates in wider Utilities sector, reached to the highest price of $73.13 whereas the lowest price it dropped to was $71.68. The 52-week range on NEE shows that it touched its highest point at $80.47 and its lowest point at $47.15 during that stretch. It currently has a 1-year price target of $78.71. With its current market cap of 149.78 billion, NEE has annualized dividend of $1.97 while the current yield stands at 2.70%. Beta for the stock currently stands at 0.54.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NEE was up-trending over the past week, with a rise of 3.45%, but this was down by -3.30% over a month. Three-month performance surged to 11.50% while six-month performance rose 15.86%. The stock gained 1.66% in the past year, while it has gained 20.02% so far this year. A look at the trailing 12-month EPS for NEE yields 3.67 with Next year EPS estimates of 3.69. For the next quarter, that number is 0.93. This implies an EPS growth rate of 7.51% for this year and 8.22% for next year. EPS is expected to grow by 8.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 0.74%.

Float and Shares Shorts:

At present, 2.05 billion NEE shares are outstanding with a float of 2.05 billion shares on hand for trading. On 2024-06-14, short shares totaled 35.0 million, which was 170.00000000000003 higher than short shares on 1715731200. In addition to Mr. John W. Ketchum as the firm’s President, CEO & Chairman, Mr. Charles E. Sieving serves as its Executive VP and Chief Legal, Environmental & Federal Regulatory Affairs Officer.

Institutional Ownership:

Through their ownership of 0.81141996 of NEE’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, NEE reported revenue of $5731000000.0 and operating income of $1955000000.0. The EBITDA in the recently reported quarter was $3218000000.0 and diluted EPS was $1.1.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NEE since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.