Logo image of NEP

NEXTERA ENERGY PARTNERS LP (NEP) Stock Price, Forecast & Analysis

USA - NYSE:NEP - US65341B1061 - Common Stock

10.54 USD
+0.1 (+0.96%)
Last: 1/31/2025, 8:04:00 PM
10.47 USD
-0.07 (-0.66%)
After Hours: 1/31/2025, 8:04:00 PM

NEP Key Statistics, Chart & Performance

Key Statistics
Market Cap985.81M
Revenue(TTM)1.23B
Net Income(TTM)-9.00M
Shares93.53M
Float84.39M
52 Week High35.15
52 Week Low9.98
Yearly Dividend8.73
Dividend Yield34.11%
EPS(TTM)5.65
PE1.87
Fwd PE4.38
Earnings (Next)N/A N/A
IPO2014-06-26
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
GICS IndustryGroupUtilities
GICS SubIndustryRenewable Electricity


NEP short term performance overview.The bars show the price performance of NEP in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months -10 -20 -30 -40 -50

NEP long term performance overview.The bars show the price performance of NEP in the last 1, 2 and 3 years. 1 year 2 years 3 years -20 -40 -60 -80

The current stock price of NEP is 10.54 USD. In the past month the price decreased by -40.79%. In the past year, price decreased by -65.21%.

NEXTERA ENERGY PARTNERS LP / NEP Daily stock chart

NEP Latest News, Press Relases and Analysis

10 months ago - By: Benzinga

NEP Competitors/Peers

The largest stocks on the US markets in the "Renewable Electricity" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
BEPC BROOKFIELD RENEWABLE CORP N/A 7.53B
CWEN CLEARWAY ENERGY INC-C 15.21 7.19B
ORA ORMAT TECHNOLOGIES INC 47.11 6.55B
XIFR XPLR INFRASTRUCTURE LP 1.37 869.22M
MNTK MONTAUK RENEWABLES INC N/A 280.25M
ANNA ALEANNA INC N/A 216.63M
SPRU SPRUCE POWER HOLDING CORP N/A 91.82M

About NEP

Company Profile

NEP logo image NextEra Energy Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. The company is headquartered in Juno Beach, Florida. The company went IPO on 2014-06-26. The firm owns a controlling, non-economic general partner interest and a 48.6% limited partner interest in NEP OpCo. Through NEP OpCo, the Company owns, or has a partial ownership interest in, a portfolio of contracted renewable energy assets consisting of wind, solar and solar-plus-storage projects and a stand-alone battery storage project, as well as contracted natural gas pipeline assets (pipeline investment).

Company Info

NEXTERA ENERGY PARTNERS LP

700 Universe Blvd

Juno Beach FLORIDA 33408 US

CEO: James L. Robo

Employees: 0

NEP Company Website

NEP Investor Relations

Phone: 15616944000

NEXTERA ENERGY PARTNERS LP / NEP FAQ

What does NEXTERA ENERGY PARTNERS LP do?

NextEra Energy Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. The company is headquartered in Juno Beach, Florida. The company went IPO on 2014-06-26. The firm owns a controlling, non-economic general partner interest and a 48.6% limited partner interest in NEP OpCo. Through NEP OpCo, the Company owns, or has a partial ownership interest in, a portfolio of contracted renewable energy assets consisting of wind, solar and solar-plus-storage projects and a stand-alone battery storage project, as well as contracted natural gas pipeline assets (pipeline investment).


What is the current price of NEP stock?

The current stock price of NEP is 10.54 USD. The price increased by 0.96% in the last trading session.


Does NEP stock pay dividends?

NEXTERA ENERGY PARTNERS LP (NEP) has a dividend yield of 34.11%. The yearly dividend amount is currently 8.73.


What is the ChartMill rating of NEXTERA ENERGY PARTNERS LP stock?

NEP has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 4 out of 10.


What is the analyst forecast for NEP stock?

24 analysts have analysed NEP and the average price target is 20.84 USD. This implies a price increase of 97.7% is expected in the next year compared to the current price of 10.54.


How is the valuation of NEXTERA ENERGY PARTNERS LP (NEP) based on its PE ratio?

The PE ratio for NEXTERA ENERGY PARTNERS LP (NEP) is 1.87. This is based on the reported non-GAAP earnings per share of 5.65 and the current share price of 10.54 USD.


Would investing in NEXTERA ENERGY PARTNERS LP be a good decision?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on NEP.


NEP Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

NEP Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to NEP. NEP may be in some trouble as it scores bad on both profitability and health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

NEP Financial Highlights

Over the last trailing twelve months NEP reported a non-GAAP Earnings per Share(EPS) of 5.65. The EPS increased by 165.26% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -0.04%
ROE -0.28%
Debt/Equity 1.43
Chartmill High Growth Momentum
EPS Q2Q%289.17%
Sales Q2Q%26.72%
EPS 1Y (TTM)165.26%
Revenue 1Y (TTM)14.1%

NEP Forecast & Estimates

24 analysts have analysed NEP and the average price target is 20.84 USD. This implies a price increase of 97.7% is expected in the next year compared to the current price of 10.54.

For the next year, analysts expect an EPS growth of -57.38% and a revenue growth 6.02% for NEP


Analysts
Analysts54.17
Price Target20.84 (97.72%)
EPS Next Y-57.38%
Revenue Next Year6.02%

NEP Ownership

Ownership
Inst Owners57.62%
Ins Owners0.24%
Short Float %N/A
Short RatioN/A