NextEra Energy (NEE) closed at $78.51 in the latest trading session, marking a +1.46% move from the prior day. This change outpaced the S&P 500’s 0.06% loss on the day. On the other hand, the Dow registered a gain of 0.38%, and the technology-centric Nasdaq decreased by 0.44%.
Coming into today, shares of the parent company of Florida Power & Light Co. had lost 5.99% in the past month. In that same time, the Utilities sector lost 3.5%, while the S&P 500 gained 2.36%.
The investment community will be paying close attention to the earnings performance of NextEra Energy in its upcoming release. The company is slated to reveal its earnings on October 21, 2026. On that day, NextEra Energy is projected to report earnings of $1.2 per share, which would represent year-over-year growth of 6.19%. In the meantime, our current consensus estimate forecasts the revenue to be $9.05 billion, indicating a 13.65% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $4.04 per share and a revenue of $30.93 billion, demonstrating changes of +8.89% and +12.84%, respectively, from the preceding year.
It’s also important for investors to be aware of any recent modifications to analyst estimates for NextEra Energy. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there’s been a 0.66% rise in the Zacks Consensus EPS estimate. At present, NextEra Energy boasts a Zacks Rank of #3 (Hold).
In the context of valuation, NextEra Energy is at present trading with a Forward P/E ratio of 19.17. This indicates a premium in contrast to its industry’s Forward P/E of 17.18.
Meanwhile, NEE’s PEG ratio is currently 2.38. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company’s expected earnings growth rate. NEE’s industry had an average PEG ratio of 2.5 as of yesterday’s close.
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
