NEE-PN Company Profile and Key Details

NEE-PN has shown mixed momentum, gaining 2.4% over the past week and 0.69% over the past quarter, though year-to-date performance is up 0.69%. Average 10-day trading volume of 66.18 thousand shares is slightly above the 3-month average of 56.19 thousand, indicating heightened recent market interest.

NextEra Energy, Inc. last paid a dividend of 2.16 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $33.44. This means the shares are trading below this model’s fair value.

NextEra Energy, Inc. (NYSE:NEE-PN) closed at $21.91 USD, losing -$0.10 (-0.45%) from the previous close of $22.01. The stock is currently trading near its 52-week high $21.82 and $22.00. With a market capitalization of about $184.33 billion, NextEra Energy, Inc. is classified as a large-cap and shows lower-than-market volatility (beta ~0.44). Key stats such as the average daily volume over the past year has been around 49.91 thousand shares, in line with its 52-week average. Headquartered in Juno Beach, FL, NextEra Energy, Inc. operates in the Utilities sector and the Diversified Utilities industry. Led by CEO John W. Ketchum, the company employs approximately 17,300 people and listed since May 18, 1972. NextEra Energy is a clean energy company with two principal businesses, Florida Power & Light Company and NextEra Energy Resources.

NextEra Energy, Inc. (NYSE:NEE-PN) shares are flat 0.69% year-to-date Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows NextEra Energy, Inc. trading at a premium to the broader market with a P/E of 22.42.

Our AI price prediction model suggests that NextEra Energy, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 12.14%, with price expected at $24.57 by November 24, 2023, within a range of $24.09 to $25.04

NextEra Energy, Inc. trades at a P/E ratio of 22.42, slightly below the S&P 500 average, with a price-to-sales ratio of 6.55 and a price-to-book ratio of 3.35 trading at moderately above to book value. The P/FCF stands at 78.15, also above market averages.