NEP 📈 Nextera Energy Partners - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US65341B1061
NEP: Wind, Solar, Battery Storage, Natural Gas
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. Web URL: https://www.nexteraenergypartners.com
Additional Sources for NEP Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NEP Stock Overview
| Market Cap in USD | 1,648m |
| Sector | Utilities |
| Industry | Utilities - Renewable |
| GiC Sub-Industry | Renewable Electricity |
| IPO / Inception | 2014-06-27 |
NEP Stock Ratings
| Growth 5y | -67.0% |
| Fundamental | 32.4% |
| Dividend | 94.1% |
| Rel. Strength Industry | -231 |
| Analysts | 3.11/5 |
| Fair Price Momentum | 18.41 USD |
| Fair Price DCF | 81.23 USD |
NEP Dividends
| Dividend Yield 12m | 20.22% |
| Yield on Cost 5y | 9.49% |
| Annual Growth 5y | 11.41% |
| Payout Consistency | 100.0% |
NEP Growth Ratios
| Growth Correlation 3m | -75.9% |
| Growth Correlation 12m | -59.2% |
| Growth Correlation 5y | -40% |
| CAGR 5y | -14.04% |
| CAGR/Mean DD 5y | -0.54 |
| Sharpe Ratio 12m | -0.71 |
| Alpha | -61.84 |
| Beta | 1.05 |
| Volatility | 47.13% |
| Current Volume | 622.9k |
| Average Volume 20d | 1605.2k |
What is the price of NEP stocks?
As of December 26, 2024, the stock is trading at USD 17.78 with a total of 622,876 shares traded.
Over the past week, the price has changed by +1.60%, over one month by +2.89%, over three months by -32.54% and over the past year by -33.10%.
As of December 26, 2024, the stock is trading at USD 17.78 with a total of 622,876 shares traded.
Over the past week, the price has changed by +1.60%, over one month by +2.89%, over three months by -32.54% and over the past year by -33.10%.
Is Nextera Energy Partners a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Nextera Energy Partners is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 32.40 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NEP as of December 2024 is 18.41. This means that NEP is currently overvalued and has a potential downside of 3.54%.
Neither. Based on ValueRay Fundamental Analyses, Nextera Energy Partners is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 32.40 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NEP as of December 2024 is 18.41. This means that NEP is currently overvalued and has a potential downside of 3.54%.
Is NEP a buy, sell or hold?
Nextera Energy Partners has received a consensus analysts rating of 3.11. Therefor, it is recommend to hold NEP.
Nextera Energy Partners has received a consensus analysts rating of 3.11. Therefor, it is recommend to hold NEP.
- Strong Buy: 2
- Buy: 2
- Hold: 12
- Sell: 2
- Strong Sell: 1
What are the forecast for NEP stock price target?
According to ValueRays Forecast Model, NEP Nextera Energy Partners will be worth about 19.9 in December 2025. The stock is currently trading at 17.78. This means that the stock has a potential upside of +11.81%.
According to ValueRays Forecast Model, NEP Nextera Energy Partners will be worth about 19.9 in December 2025. The stock is currently trading at 17.78. This means that the stock has a potential upside of +11.81%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 23.3 | 30.9% |
| Analysts Target Price | 43.2 | 143% |
| ValueRay Target Price | 19.9 | 11.8% |