Notable Stock News to Watch: NextEra Energy (NYSE:NEE)

NextEra Energy (NYSE:NEE) spotted trading -0.60% off 52-week high price. On the other end, the stock has been noted 43.81% away from the low price over the last 52-weeks. The stock changed 0.19% to recent value of $243.55. The stock transacted 1273336 shares during most recent day however it has an average volume of 1.87M shares. The company has 485.32M of outstanding shares and 485.32M shares were floated in the market.

On Jan. 10, 2020, NextEra Energy (NYSE:NEE) declared that it plans to report fourth-quarter and full-year 2019 financial results before the opening of the New York Stock Exchange on Friday, Jan. 24, 2020,

NextEra Energy

NextEra Energy (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. NextEra Energy owns two electric companies in Florida: Florida Power & Light Company, which serves more than 5 million customer accounts in Florida and is the largest rate-regulated electric utility in the United States as measured by retail electricity produced and sold; and Gulf Power Company, which serves more than 460,000 customers in eight counties throughout northwest Florida. NextEra Energy also owns a competitive energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun and a world leader in battery storage. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin. A Fortune 200 company and included in the S&P 100 index, NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. NextEra Energy is ranked No. 1 in the electric and gas utilities industry on Fortune’s 2019 list of World’s Most Admired Companies and ranked among the top 25 on Fortune’s 2018 list of companies that Change the World.

Its earnings per share (EPS) expected to touch remained 75.60% for this year while earning per share for the next 5-years is expected to reach at 7.99%. NEE has an operating margin of 29.30% while its profit margin remained 16.90% for the last 12 months.

According to the most recent quarter its current ratio was 0.6 that represents company’s ability to meet its current financial obligations. The price moved ahead of 1.42% from the mean of 20 days, 3.66% from mean of 50 days SMA and performed 12.69% from mean of 200 days price. Company’s performance for the week was 1.34%, 3.88% for month and YTD performance remained 0.57%.

Leave a Reply

Your email address will not be published. Required fields are marked *