NextEra Energy Partners, LP (NEP)
| Market Cap | 1.59B |
| Revenue (ttm) | 1.17B |
| Net Income (ttm) | 203.00M |
| Shares Out | 93.53M |
| EPS (ttm) | 2.17 |
| PE Ratio | 7.86 |
| Forward PE | 6.63 |
| Dividend | $3.67 (21.54%) |
| Ex-Dividend Date | Nov 6, 2024 |
| Volume | 938,900 |
| Open | 16.99 |
| Previous Close | 16.91 |
| Day's Range | 16.93 - 17.30 |
| 52-Week Range | 15.55 - 35.15 |
| Beta | 1.02 |
| Analysts | Hold |
| Price Target | 23.13 (+35.66%) |
| Earnings Date | Jan 31, 2025 |
About NEP
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects. The company owns contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is based in Juno Beach, Florida. [Read more]
Financial Performance
In 2023, NEP's revenue was $1.08 billion, an increase of 11.25% compared to the previous year's $969.00 million. Earnings were $200.00 million, a decrease of -58.07%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for NEP stock is "Hold." The 12-month stock price forecast is $23.13, which is an increase of 35.66% from the latest price.
News
NextEra Energy Partners: A New Major Problem Has Just Emerged
NEP is very likely going to cut its distribution soon. However, a potentially even bigger problem has just emerged for the company. I detail what it is and share what I am buying instead.
What I Wish I Knew Before Investing In Dividend Stocks
Dividend investing has been very rewarding for me. However, I have learned a lot of lessons the hard way. I share some of the most important lessons I have learned in this article.
An Important Warning For These 6-20% Dividend Yields
High-yield, high-growth stocks are typically compelling buys. However, recently, one of the most dynamic high-yield, high-growth segments of the market has been dealt severe headwinds.
3 Ideal Buys From 51 'Safer' Dividends In 100 January Barron's Sustainable Dogs
Calvert Research and Management's annual review identified the top 100 sustainable companies based on over 230 ESG performance indicators, including workplace diversity and greenhouse-gas emissions. E...
18-25% Cash Flow Yields: 1 To Buy, 2 To Avoid
High cash flow yield stocks offer the potential for massive total returns. However, not all high cash flow yields are good investments. I share one that is a Strong Buy right now and two that I think ...
7-21% Yielding Dividend Growers: 2 To Buy And 2 To Avoid
Investing in high-yield stocks that grow their payouts regularly offers attractive total returns and protects purchasing power against inflation over the long term. However, not all high-yielding divi...
7-8% Yields Are Crashing: 1 To Avoid And 2 To Buy
The Federal Reserve's slower-than-expected rate cuts led to a market sell-off, hitting high-yield stocks hard, but also creating buying opportunities. However, not all high-yielding dividend growth st...
Buy The Dip: A Major Market Reversal Is Likely Coming
One of the most dynamic growth sectors in the market has recently pulled back sharply. I think the dip will be short-lived for the most quality companies in that sector. I share my top two picks in th...
2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables
Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable comp...
How Donald Trump's Tariffs Could Impact High-Yield Stocks
President-elect Donald Trump's proposed tariffs have ignited significant uncertainty for the economy and markets. We take a look at how they will likely impact various high-yield sectors. We also shar...
NextEra Energy Partners: Fire-Sale Discount As Clean Energy Proves Resilience
The clean energy sector has struggled post-election, with solar and wind ETFs down significantly, influenced by potential policy changes and higher interest rates. NextEra Energy Partners has drastica...
Of 36 Dividend Power Dogs, 11 Are Buyable In November
Eleven of the 35 Dividend Power Dogs are recommended for their "safer" dividends, with free cash-flow yields exceeding dividend yields, making them ideal buys. The Dividend Power strategy focuses on h...
100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys
Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sust...
Dividend Harvesting Portfolio Week 192: $19,200 Allocated, $1,836.34 In Projected Dividends
Despite recent market declines, I remain confident in the Dividend Harvesting Portfolio, focusing on generating recurring income and mitigating downside risk. Big tech's increased CapEx spend is bulli...
NextEra Energy Partners Vs. Brookfield Renewable Partners: I Would Go With Brookfield
BEP has limited near-term debt maturities and has taken advantage of favourable refinancing conditions, reducing its exposure to interest rate risks while maintaining growth through strategic investme...
NextEra Energy Partners: 19% Yield, Buy Amid Debt Challenges
NextEra Energy Partners faces significant debt challenges in a high interest rate environment, but its 19% forward distribution yield presents a compelling value opportunity. Despite potential yield c...
16 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are six...
Dividend Harvesting Portfolio Week 191: $19,100 Allocated, $1,807.09 In Projected Dividends
Earning season is crucial, with big tech companies like Microsoft, Apple, Meta, Alphabet, and Amazon reporting, potentially driving the market higher. The Dividend Harvesting Portfolio saw a healthy r...
NextEra Energy Partners: Be Greedy When Others Are Fearful
NextEra Energy Partners' units fell over 16% due to worse-than-expected Q3 results and a significant decline in EBITDA, raising concerns about distribution stability. I believe, at the current valuati...
Dividend Harvesting Portfolio Week 190: $19,000 Allocated, $1,792.47 In Projected Dividends
Despite expectations of market volatility, indices remain stable and near all-time highs, driven by anticipated Fed rate cuts and potential AI efficiencies. The Dividend Harvesting Portfolio has shown...
NextEra Energy Partners: Here Comes The Distribution Cut
NEP units are crashing. Management is signaling a distribution cut. We share how big we think the distribution cut might be and what investors should do now.
NextEra Energy Partners: 60% Distribution Cut Coming To A Theater Near You
NextEra Energy Partners played distribution poker. It lost. This morning it telegraphed the big distribution cut headed your way.
NextEra Energy Partners, LP (NEP) Q3 2024 Earnings Call Transcript
NextEra Energy Partners, LP (NYSE:NEP) Q3 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Mark Edelman - Director of Investor Relations John Ketchum - Chairman, Preside...
NextEra Energy Partners, LP third-quarter 2024 financial results available on partnership's website
JUNO BEACH, Fla. , Oct. 23, 2024 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) has posted its third-quarter 2024 financial results in a news release available on the partnership's website by...