The stock of NextEra Energy Inc (NYSE:NEE) last traded at $68.99, up 2.65% from the previous session.
NEE stock price is now 0.43% away from the 50-day moving average and -7.13% away from the 200-day moving average. The market capitalization of the company currently stands at $142.02B.
With the price target of $87, Jefferies recently initiated with Hold rating for NextEra Energy Inc (NYSE: NEE). On June 12, 2024, Mizuho Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $71, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, Sieving Charles E, EVP, Chief Legal sold 18,000 shares of the company’s stock on May 16 ’25. The stock was sold for $1,350,000 at an average price of $75.00. Upon completion of the transaction, the EVP, Chief Legal now directly owns 178,817 shares in the company, valued at $12.34 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 16 ’25, Officer Sieving Charles E bought 18,000 shares of the business’s stock. A total of $1,350,000 was incurred on buying the stock at an average price of $75.00. A total of 0.10% of the company’s stock is owned by insiders.
During the past 12 months, NextEra Energy Inc has had a low of $61.72 and a high of $86.10. As of last week, the company has a debt-to-equity ratio of 1.80, a current ratio of 0.55, and a quick ratio of 0.45.
The net profit margin was 22.29% and return on equity was 11.19% for NEE. The company reported revenue of $6.25 billion for the quarter, compared to $5.73 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.0 percent.
