Shares of Utilities sector company NextEra Energy moved -2.4% today, and are now trading at a price of $63.81. The Large-Cap stock's daily volume was 2,336,010 compared to its average volume of 12,242,559. The S&P 500 index returned a -1.0% performance.
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company is based in Juno Beach and has 16,800 full time employees. Its market capitalization is $130,965,561,344. NextEra Energy currently offers its equity investors a dividend that yields 2.9% per year.
18 analysts are following NextEra Energy and have set target prices ranging from $44.0 to $102.8 per share. On average, they have given the company a rating of buy. At today's prices, NEE is trading -11.33% away from its average analyst target price of $71.96 per share.
Over the last year, NEE shares have gone down by -16.8%, which represents a difference of -44.1% when compared to the S&P 500. The stock's 52 week high is $79.78 per share and its 52 week low is $47.15. Although NextEra Energy's average free cash flow over the last 5 years has been $3.6 Billion, they have been decreasing at an average rate of -1.5%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 11,301,000 | 7,104,000 | 4,197,000 | 85.95 |
| 2022 | 8,262,000 | 6,005,000 | 2,257,000 | -11.77 |
| 2021 | 7,553,000 | 4,995,000 | 2,558,000 | -27.7 |
| 2020 | 7,983,000 | 4,445,000 | 3,538,000 | -22.78 |
| 2019 | 8,155,000 | 3,573,000 | 4,582,000 | 2.85 |
| 2018 | 6,593,000 | 2,138,000 | 4,455,000 |
