Shares of Technology sector company NextEra Energy moved 2.1% today, and are now trading at a price of $71.58. The Large-Cap stock's daily volume was 8,809,481 compared to its average volume of 10,600,037. The S&P 500 index returned a -2.0% 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 $147,242,205,184. NextEra Energy currently offers its equity investors a dividend that yields 2.9% per year.
21 analysts are following NextEra Energy and have set target prices ranging from $58.0 to $103.0 per share. On average, they have given the company a rating of buy. At today's prices, NEE is trading -15.35% away from its average analyst target price of $84.56 per share.
Over the last year, NEE's share price has increased by 29.8%, which represents a difference of 11.2% when compared to the S&P 500. The stock's 52 week high is $86.1 per share whereas its 52 week low is $53.95. NextEra Energy's average free cash flow over the last 5 years has been $3.6 Billion, but they have been decreasing at an average rate of -1.5%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ 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 |
