Is NextEra Energy, Inc. (NEE) a Buy? The Stock Reaches All-Time High Today

NextEra Energy, Inc. (NYSE:NEE) Logo

Investors sentiment increased to 1.25 in Q1 2019. Its up 0.13, from 1.12 in 2018Q4. It is positive, as 40 investors sold NextEra Energy, Inc. shares while 376 reduced holdings. 113 funds opened positions while 409 raised stakes. 345.04 million shares or 2.17% less from 352.69 million shares in 2018Q4 were reported.
Buckingham Mngmt stated it has 13,958 shares or 0.53% of all its holdings. Asset Mgmt One Ltd reported 291,624 shares or 0.3% of all its holdings. Moreover, Bb&T has 0.08% invested in NextEra Energy, Inc. (NYSE:NEE) for 22,356 shares. Teacher Retirement Of Texas has invested 0.12% in NextEra Energy, Inc. (NYSE:NEE). Northstar Asset Mgmt Lc accumulated 0.29% or 3,715 shares. First Allied Advisory Services reported 0.05% stake. Cls Invests Ltd holds 0.07% of its portfolio in NextEra Energy, Inc. (NYSE:NEE) for 10,623 shares. Arvest Bancorp Trust Division holds 6,315 shares. Greenleaf holds 0.07% or 21,840 shares in its portfolio. 173,508 were accumulated by Rare Infra. Virginia Retirement Et Al, a Virginia-based fund reported 189,000 shares. Hudock Capital Grp Ltd Liability Co holds 0.04% or 557 shares in its portfolio. Cypress Lc (Wy) reported 117 shares stake. Captrust Advsrs reported 0.05% in NextEra Energy, Inc. (NYSE:NEE). Rhumbline Advisers owns 917,500 shares.

The stock of NextEra Energy, Inc. (NYSE:NEE) reached all time high today, Jul, 10 and still has $222.26 target or 6.00 % above today’s $209.68 share price. This indicates more upside for the $100.13 billion company. This technical setup was reported by Barchart.com. If the $222.26 PT is reached, the company will be worth $6.01B more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.73% or $1.52 during the last trading session, reaching $209.68. About 953,681 shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 21.64% since July 10, 2018 and is uptrending. It has outperformed by 17.21% the S&P500.

Analysts await NextEra Energy, Inc. (NYSE:NEE) to report earnings on July, 24. They expect $2.29 EPS, up 8.53 % or $0.18 from last year’s $2.11 per share. NEE’s profit will be $1.09 billion for 22.89 P/E if the $2.29 EPS becomes a reality. After $2.20 actual EPS reported by NextEra Energy, Inc. for the previous quarter, Wall Street now forecasts 4.09 % EPS growth.

NextEra Energy, Inc. (NYSE:NEE) Ratings Coverage

Among 5 analysts covering NextEra Energy (NYSE:NEE), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. NextEra Energy had 18 analyst reports since February 12, 2019 according to SRatingsIntel. UBS maintained NextEra Energy, Inc. (NYSE:NEE) on Monday, February 25 with “Buy” rating. Guggenheim maintained the shares of NEE in report on Friday, June 21 with “Buy” rating. The rating was maintained by Morgan Stanley on Wednesday, March 13 with “Buy”. Bank of America maintained NextEra Energy, Inc. (NYSE:NEE) rating on Tuesday, June 25. Bank of America has “Buy” rating and $225 target. Morgan Stanley maintained it with “Overweight” rating and $188 target in Tuesday, February 12 report. The firm has “Buy” rating given on Friday, June 21 by Morgan Stanley. The firm has “Overweight” rating given on Wednesday, March 20 by Barclays Capital.

More notable recent NextEra Energy, Inc. (NYSE:NEE) news were published by: Finance.Yahoo.com which released: “Hedge Funds Have Never Been More Bullish On Linde plc (LIN) – Yahoo Finance” on June 10, 2019, also Fool.com with their article: “Investing in These 3 Dividend Stocks Could Make You a Millionaire Retiree – The Motley Fool” published on June 20, 2019, Fool.com published: “3 Energy Dividends You Shouldn’t Overlook – The Motley Fool” on June 24, 2019. More interesting news about NextEra Energy, Inc. (NYSE:NEE) were released by: Fool.com and their article: “3 Top Growth Stocks to Buy in July – Motley Fool” published on July 08, 2019 as well as Fool.com‘s news article titled: “Better Buy: Brookfield Renewable Partners vs. NextEra Energy Partners – Motley Fool” with publication date: June 27, 2019.

NextEra Energy, Inc., through its subsidiaries, generates, transmits, and distributes electric power to retail and wholesale clients in North America. The company has market cap of $100.13 billion. The firm generates electricity through wind, solar, nuclear, and natural gas-fired facilities. It has a 34.91 P/E ratio. It also provides risk management services related to power and gas consumption.

NextEra Energy, Inc. (NYSE:NEE) Institutional Positions Chart

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