Economy

NextEra Energy reports 6.3% y/y rise in adjusted EPS for Q3

NextEra Energy reports 6.3% y/y rise in adjusted EPS for Q3”

What's more is, NEP's shares are now trading at a price below its true value based on its discounted cash flows, as well as its relative price-to-equity valuation, meaning those that are interested in the stock can buy it for cheap.

Other hedge funds have also recently added to or reduced their stakes in the company. Paragon Capital Management LLC increased its holdings in shares of NextEra Energy by 0.3% during the 1st quarter. The stock's 12-month trailing earnings per share stands at $6.56. The Return on Assets for NextEra Energy Partners, LP (NYSE:NEP) is 0.013955. Almanack Investment Partners LLC. now owns 2,163 shares of the utilities provider's stock valued at $303,000 after purchasing an additional 849 shares in the last quarter. NextEra Energy Partners was established in 2014 and with the company's market capitalisation at United States dollars $2.30B, we can put it in the mid-cap stocks category. The firm owned 39,634 shares of the utilities provider's stock after acquiring an additional 12,986 shares during the quarter. Finally, Duff & Phelps Investment Management Co. purchased a new stake in NextEra Energy Partners, in the second quarter valued at $28,000,000.

Most recently NextEra Energy, Inc. Stockholders of record on Friday, November 24th will be issued a dividend of $0.9825 per share. Institutional investors own 75.39% of the company's stock. New York-based National Asset Mngmt has invested 0.35% in NextEra Energy Inc (NYSE:NEE). (NEE) opened at 153.86 on Thursday. The company's 50-day moving average is $149.37 and its 200 day moving average is $143.23.

Ratings analysis reveals 100% of NextEra Energy Partners's analysts are positive.

CenterState Bank Corporation operates as the holding company for CenterState Bank of Florida, N.A. Established in 1989, and now run by John Corbett, the company provides employment to 952 people and with the market cap of Dollars $1.62B, it falls under the small-cap stocks category.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Wednesday, July 26th. They expect $1.76 EPS, up 1.15% or $0.02 from last year's $1.74 per share. The Return on Assets for NextEra Energy, Inc.

NextEra Energy, Inc. (NEE) is expected to post revenue of $4.14 Billion in the current quarter, according to consensus of 5 analysts. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.75 per share.

More recent Gentex Corporation (NASDAQ:GNTX) news were published by: Nasdaq.com which released: "Gentex Corporation (GNTX) Ex-Dividend Date Scheduled for October 05, 2017" on October 04, 2017. This represents a $3.93 dividend on an annualized basis and a dividend yield of 2.55%. NextEra Energy's payout ratio is 45.02%. KeyCorp reiterated a "buy" rating and set a $155.00 price target on shares of NextEra Energy in a research report on Thursday, October 12th. Morgan Stanley upped their price target on NextEra Energy from $167.00 to $169.00 and gave the stock an "overweight" rating in a research note on Friday, September 8th. (The) started coverage on shares of NextEra Energy in a report on Monday, July 24th. The stock of NextEra Energy Inc (NYSE:NEE) has "Buy" rating given on Monday, January 30 by Deutsche Bank. ROBO JAMES L also sold $7.14 million worth of NextEra Energy Inc (NYSE:NEE) on Thursday, May 18. The stock of NOW Inc (NYSE:DNOW) earned "Buy" rating by Robert W. Baird on Monday, October 9. At recent session, the prices were hovering between $38.93 and $40.88. NextEra Energy is benefiting from favorable economic conditions in its service territories, thus creating demand for utility services. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and worldwide trademark and copyright legislation. The legal version of this article can be accessed at https://weekherald.com/2017/10/26/nextera-energy-inc-nee-shares-sold-by-riverhead-capital-management-llc.html.

FPL contributed a net profit of USD 566 million, or USD 1.19 per share, compared to USD 515 million, or USD 1.11 per share a year earlier. Following the transaction, the executive vice president now directly owns 18,786 shares in the company, valued at approximately $2,817,900. Also, EVP Charles E. Sieving sold 30,485 shares of NextEra Energy stock in a transaction that occurred on Friday, September 22nd. The stock was sold at an average price of $150.00, for a total transaction of $300,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 65,385 shares of company stock worth $9,614,382 in the last 90 days.

NextEra Energy, Inc (NEE) is a holding company. The Company, through its limited partnership interest in NextEra Energy Operating Partners, LP, owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets.



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