FY2026 Earnings Forecast for NEP Issued By Scotiabank

NextEra Energy Partners, LP (NYSE:NEP) – Analysts at Scotiabank issued their FY2026 earnings per share estimates for NextEra Energy Partners in a research report issued on Wednesday, January 8th. Scotiabank analyst A. Weisel forecasts that the solar energy provider will post earnings per share of $3.03 for the year. Scotiabank currently has a “Sector Perform” rating and a $15.00 target price on the stock. The consensus estimate for NextEra Energy Partners’ current full-year earnings is $1.96 per share.

NEP has been the subject of a number of other reports. BNP Paribas initiated coverage on NextEra Energy Partners in a research report on Tuesday, October 1st. They set an “underperform” rating and a $15.00 price target for the company. Mizuho lowered their target price on NextEra Energy Partners from $33.00 to $26.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. BMO Capital Markets reduced their price target on shares of NextEra Energy Partners from $28.00 to $26.00 and set an “outperform” rating for the company in a research report on Monday, October 21st. Morgan Stanley raised shares of NextEra Energy Partners from an “equal weight” rating to an “overweight” rating and set a $22.00 price objective on the stock in a research report on Monday, December 2nd. Finally, Guggenheim downgraded shares of NextEra Energy Partners from a “buy” rating to a “neutral” rating and reduced their target price for the company from $37.00 to $22.00 in a research report on Monday, October 28th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $25.21.

NextEra Energy Partners Stock Down 3.1 %

NextEra Energy Partners stock opened at $18.29 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.78 and a current ratio of 2.02. The stock has a market cap of $1.71 billion, a PE ratio of 8.39 and a beta of 1.06. NextEra Energy Partners has a fifty-two week low of $15.55 and a fifty-two week high of $35.15. The firm’s 50-day simple moving average is $17.78 and its 200 day simple moving average is $22.91.

NextEra Energy Partners (NYSE:NEP) last posted its quarterly earnings data on Wednesday, October 23rd. The solar energy provider reported ($0.43) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.94). The firm had revenue of $319.00 million for the quarter, compared to analysts’ expectations of $332.25 million. NextEra Energy Partners had a negative return on equity of 1.07% and a net margin of 17.47%. NextEra Energy Partners’s revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.57 earnings per share.

NextEra Energy Partners Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Wednesday, November 6th were given a $0.9175 dividend. This is a positive change from NextEra Energy Partners’s previous quarterly dividend of $0.91. This represents a $3.67 dividend on an annualized basis and a dividend yield of 20.07%. The ex-dividend date of this dividend was Wednesday, November 6th. NextEra Energy Partners’s dividend payout ratio (DPR) is 168.35%.

Institutional Trading of NextEra Energy Partners

A number of hedge funds and other institutional investors have recently bought and sold shares of NEP. Arizona State Retirement System increased its holdings in shares of NextEra Energy Partners by 2.0% in the second quarter. Arizona State Retirement System now owns 26,186 shares of the solar energy provider’s stock worth $724,000 after purchasing an additional 509 shares during the period. Johnson Investment Counsel Inc. raised its holdings in shares of NextEra Energy Partners by 18.8% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 39,827 shares of the solar energy provider’s stock valued at $1,101,000 after acquiring an additional 6,315 shares in the last quarter. Quantbot Technologies LP boosted its position in shares of NextEra Energy Partners by 83.4% during the 2nd quarter. Quantbot Technologies LP now owns 149,718 shares of the solar energy provider’s stock valued at $4,138,000 after acquiring an additional 68,084 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of NextEra Energy Partners during the second quarter worth about $1,377,000. Finally, Garner Asset Management Corp increased its position in shares of NextEra Energy Partners by 8.1% in the second quarter. Garner Asset Management Corp now owns 25,250 shares of the solar energy provider’s stock worth $698,000 after purchasing an additional 1,900 shares during the last quarter. Institutional investors own 66.01% of the company’s stock.

NextEra Energy Partners 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.