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Nextera Energy Partners LP (NEP)

NYSE
Currency in USD
Disclaimer
25.24
+0.45(+1.82%)
Closed
After Hours
25.35+0.11(+0.44%)
NEP Scorecard
Full Analysis
Has raised its dividend for 10 consecutive years
Earnings results expected in 10 days
Fair Value
Day's Range
24.6325.37
52 wk Range
21.5735.15
Prev. Close
24.79
Open
24.65
Day's Range
24.63-25.37
52 wk Range
21.57-35.15
Volume
1,079,644
Average Volume (3m)
1,325,088
1-Year Change
13.34%
Book Value / Share
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Fair Value
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Fair Value Upside
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NEP Scorecardpro icon
Company’s Health
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Fair Value
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Upsidepro lock
Price Target
26.53
Upside
+5.11%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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InvestingPro Research for Nextera Energy Partners LP


Renewable Giant's Crossroads
NextEra Energy Partners faces critical financial challenges while maintaining its position as a leading renewable asset owner in the United States
Financial Tightrope
NEP reports strong Q2 2024 results, but grapples with $3.7 billion in CEPF liabilities due post-2026, raising concerns about long-term financial stability
Distribution Dilemma
Analysts project potential distribution cuts of 45-75% as NEP's current 13% yield suggests investor skepticism about sustainability of payouts
Clean Energy Potential
Despite near-term hurdles, NEP's extensive renewable portfolio positions it to capitalize on growing global demand for clean energy solutions

Nextera Energy Partners LP Company Profile

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.

Compare NEP to Peers and Sector

Metrics to compare
NEP
Peers
Sector
Relationship
P/E Ratio
−26.8x24.4x12.1x
PEG Ratio
−0.300.080.02
Price/Book
0.7x1.9x1.3x
Price / LTM Sales
2.0x2.3x1.6x
Upside (Analyst Target)
7.0%11.6%13.9%
Fair Value Upside
Unlock8.2%1.8%Unlock

FAQ

What Is the Nextera Energy Partners LP (NEP) Stock Price Today?

The Nextera Energy Partners LP stock price today is 25.24

What Stock Exchange Does Nextera Energy Partners LP Trade On?

Nextera Energy Partners LP is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Nextera Energy Partners LP?

The stock symbol for Nextera Energy Partners LP is "NEP."

Does Nextera Energy Partners LP Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 14.34%.

What Is the Nextera Energy Partners LP Market Cap?

As of today, Nextera Energy Partners LP market cap is 2.36B.

What is Nextera Energy Partners LP Earnings Per Share?

The Nextera Energy Partners LP EPS is 3.19.

What Is the Next Nextera Energy Partners LP Earnings Date?

Nextera Energy Partners LP will release its next earnings report on 22 Oct 2024.
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