NEP

NextEra Energy Partners, LP [NEP] Stock Forecast

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RSI : 000

NEP Stock Summary

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NEP


In the News

11:30 11 Dec 2023 NEP

NextEra Energy Partners: I'm Getting A 13% Yield On My Last Buy

I am buying this highly oversold company offering double-digit growing yields. NextEra Energy Partners, LP was overbought, and now it's oversold – making it a prime time to add more to your portfolio. The dividend is tax-deferred income, making it essentially tax-free in the present.

01:00 11 Dec 2023 NEP

3 Energy Stocks to Buy Hand Over Fist in December

Solar energy stocks have been crushed in 2023, but higher utility rates and falling costs should be tailwinds in 2024. Higher rates are also hurting asset owners, but NextEra Energy Partners has a lot of flexibility to keep payouts high.

10:20 11 Dec 2023 NEP

Why NextEra Energy Partners Slumped Another 13% in November

NextEra Energy Partners continues to fall on concerns about its funding. Investors remain worried it might need to cut its dividend.

11:58 11 Dec 2023 NEP

Why NextEra Energy and NextEra Energy Partners Are Both Charging Higher Today

NextEra Energy Partners, an affiliate of the utility company, has priced a key offering designed to refinance debt coming due in 2024. The interest expense is going up, but the market is glad for the clarity on how much.

08:17 11 Dec 2023 NEP

NextEra Energy Partners Looks Oversold

NextEra Energy Partners stock has declined by 70% in the past year due to overvaluation, higher interest rates, and high leverage. Disinformation about the dividend and the impact of convertible equity portfolio financing (CEPF) have also contributed to the stock's decline. NEP has plans to combat these challenges by repowering old wind turbines and selling assets to address CEPFs, indicating a commitment to maintaining dividend growth.

05:45 11 Dec 2023 NEP

You Don't Have to Pick a Winner in Clean Energy. Here's Why.

Building a diverse portfolio in clean energy can be done with an ETF, but owning a high-quality basket of individual stocks offers more control for investors. The best place to start is with the industry leaders in manufacturing, installation, and asset ownership.

07:05 11 Dec 2023 NEP

Buy Alert For These 6-15% Yields: Little-Known Indicator Is Very Bullish

A seldom-referenced - but highly compelling - indicator is flashing a very bullish signal for defensive high-yield stocks. We look at this indicator more closely and explain why we think that high-yield stocks offer a very attractive risk reward in the current environment. We also share some of our top picks of the moment that offer well-covered 6-15% and growing dividend yields.

08:37 11 Dec 2023 NEP

NextEra Energy Partners: Investors Are Too Fearful Of This 15% Yield

NextEra Energy Partners has a sustainable 15% dividend yield despite concerns of a potential distribution cut. The company focuses on alternative energy projects and is well-positioned to benefit from the ongoing drive to decarbonize the US industry. Financials show a healthy uptrend, with strong EBITDA and cash flow growth, indicating a low payout ratio and solid distribution coverage.

05:37 11 Dec 2023 NEP

These 2 Stocks Carry a Lot of Risk, But Their Upside Is Huge

Medical Properties Trust trades at a steep discount to the value of its hospital properties. NextEra Energy has a plan to continue growing its big-time dividend, albeit at a much slower pace.

06:01 11 Dec 2023 NEP

Prediction: 3 Stocks That Could Trounce the Market

NextEra Energy Partners could produce powerful total returns if its plan works. Brookfield Infrastructure is growing briskly.

NEP Financial details

Company Rating
Buy
Market Cap
2.43B
Income
9M
Revenue
1.28B
Book val./share
154.28
Cash/share
3.55
Dividend
3.38
Dividend %
12.99%
Employees
-
Optionable
No
Shortable
Yes
Earnings
23 Jan 2024
P/E
269.72
Forward P/E
7.47
PEG
-27.02
P/S
1.89
P/B
0.17
P/C
7.32
P/FCF
5.65
Quick Ratio
0.47
Current Ratio
0.61
Debt / Equity
0.45
LT Debt / Equity
0.2
-
-
EPS (TTM)
0.01
EPS next Y
3.48
EPS next Q
0.74
EPS this Y
166.48%
EPS next Y
34700%
EPS next 5Y
26212.1%
EPS last 5Y
33.12%
Revenue last 5Y
9.45%
Revenue Q/Q
4.86%
EPS Q/Q
-40.63%
-
-
-
-
SMA20
-6.84%
SMA50
-42.54%
SMA100
-57.73%
Inst Own
70.55%
Inst Trans
0.82%
ROA
-
ROE
-
ROC
0.01%
Gross Margin
56%
Oper. Margin
18%
Profit Margin
1%
Payout
8022%
Shs Outstand
93.43M
Shs Float
92.11M
-
-
-
-
Target Price
79.4
52W Range
20.17-77.537
52W High
-66.25%
52W Low
+29.95%
RSI
53.86
Rel Volume
0.41
Avg Volume
2.97M
Volume
1.21M
Perf Week
11.21%
Perf Month
-6.95%
Perf Quarter
-57.86%
Perf Half Y
-58.77%
-
-
-
-
Beta
0.904
-
-
Volatility
1.01%, 1.81%
Prev Close
-0.42%
Price
25.99
Change
-2.04%

NEP Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
14.0414.5413.512.7215.81
Net income per share
3.5-6.87-3.515.4914.63
Operating cash flow per share
6.595.889.798.7710.13
Free cash flow per share
6.144.34.877.317.65
Cash per share
2.682.181.591.93.07
Book value per share
-0.11-0.14-0.12-0.1-0.09
Tangible book value per share
67.277172.496.74148.33
Share holders equity per share
-0.11-0.14-0.12-0.1-0.09
Interest debt per share
67.0982.4159.0369.6180.17
Market cap
2.36B3.1B4.55B6.52B5.37B
Enterprise value
5.65B7.11B7.83B11.7B10.42B
P/E ratio
12.31-7.66-19.1315.374.79
Price to sales ratio
3.073.624.966.644.43
POCF ratio
6.538.956.859.626.92
PFCF ratio
7.0112.2413.7511.559.16
P/B Ratio
-393.91-386.98-569.1-814.46-766.98
PTB ratio
-393.91-386.98-569.1-814.46-766.98
EV to sales
7.338.328.5411.918.61
Enterprise value over EBITDA
9.911.7910.6318.314.93
EV to operating cash flow
15.6120.5511.7817.2813.43
EV to free cash flow
16.7728.1123.6620.7417.78
Earnings yield
0.08-0.13-0.050.070.21
Free cash flow yield
0.140.080.070.090.11
Debt to equity
-572.5-518-423.5-665.88-755.43
Debt to assets
0.370.340.270.280.23
Net debt to EBITDA
5.766.664.458.117.24
Current ratio
0.41.441.181.121.4
Interest coverage
1.790.330.594.980.15
Income quality
1.36-0.86-2.791.60.69
Dividend Yield
0.130.120.10.10.12
Payout ratio
1.58-0.95-1.891.460.57
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
0.20.240.220.190.15
Capex to operating cash flow
-0.07-0.27-0.5-0.17-0.24
Capex to revenue
-0.03-0.11-0.36-0.12-0.16
Capex to depreciation
-0.12-0.28-0.89-0.28-0.33
Stock based compensation to revenue
-0.120.530.59-0.190
Graham number
2.934.593.053.585.49
ROIC
0.130.050.10.040.02
Return on tangible assets
0.03-0.04-0.020.030.06
Graham Net
-65.66-82.66-66.8-87.1-91.68
Working capital
-519M132M64M149M535M
Tangible asset value
3.69B4.18B4.92B7.47B11.36B
Net current asset value
-3.53B-4.76B-4.44B-6.38B-6.4B
Invested capital
-572.5-518-423.5-665.88-755.43
Average receivables
160.5M208.5M267.5M731.5M1.25B
Average payables
18M66M132.5M562.5M925M
Average inventory
14.5M4M12M32.5M46M
Days sales outstanding
70.06114.84105.88444.91394.54
Days payables outstanding
14.2132.53143.79855.44554.85
Days of inventory on hand
11.36024.1335.7232.6
Receivables turnover
5.213.183.450.820.93
Payables turnover
25.72.752.540.430.66
Inventory turnover
32.13015.1310.2211.2
ROE
-3250.529.75-53-160.14
Capex per share
-0.46-1.58-4.92-1.46-2.48

Quarterly Fundamentals Overview

Last date of statement is 2023-09-30 for Q3

Metric History 2022-09-302022-12-312023-03-312023-06-30 2023-09-30
2.02K2.02K2.02K2.02K2.02K
Revenue per share
3.553.083.453.793.93
Net income per share
2.730.21-1.730.960.57
Operating cash flow per share
2.371.910.942.322.74
Free cash flow per share
2.370.440.421.991.83
Cash per share
2.642.722.736.363.55
Book value per share
-0.09-0.08-0.08157.4154.28
Tangible book value per share
107.02131.35128.27120.82117.28
Share holders equity per share
-0.09-0.08-0.08157.4154.28
Interest debt per share
58.3560.7763.6370.4969.57
Market cap
6.15B6.06B5.3B5.41B2.77B
Enterprise value
10.74B11.12B10.41B11.32B8.92B
P/E ratio
6.6384.21-8.7815.213.08
Price to sales ratio
20.3822.7917.6215.467.56
POCF ratio
30.4636.7464.6825.2910.84
PFCF ratio
30.46159.55143.3429.4216.22
P/B Ratio
-769.2-866.11-757.640.370.19
PTB ratio
-769.2-866.11-757.640.370.19
EV to sales
35.5641.7934.5932.3324.31
Enterprise value over EBITDA
62.869.4758.8240.7137.33
EV to operating cash flow
53.1767.37126.9652.8834.86
EV to free cash flow
53.17292.52281.3661.552.18
Earnings yield
0.040-0.030.020.02
Free cash flow yield
0.030.010.010.030.06
Debt to equity
-601.38-755.43-763.570.450.45
Debt to assets
0.260.230.240.280.28
Net debt to EBITDA
26.8231.5828.8521.2425.73
Current ratio
1.911.41.391.220.61
Interest coverage
0.21-0.350.128.24.29
Income quality
0.879.17-0.542.41.94
Dividend Yield
0.030.030.030.030.07
Payout ratio
0.789.33-1.122.013.89
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
0.190.150.150.150.15
Capex to operating cash flow
0-0.77-0.55-0.14-0.33
Capex to revenue
0-0.48-0.15-0.09-0.23
Capex to depreciation
0-0.85-0.3-0.19-0.51
Stock based compensation to revenue
0000.13-0.31
Graham number
2.40.621.7758.4444.38
ROIC
0.010000
Return on tangible assets
0.020-0.0100
Graham Net
-62.76-81.19-81.36-84.97-85.99
Working capital
380M535M382M263M-718M
Tangible asset value
9.11B11.36B11.2B11.15B10.95B
Net current asset value
-5.08B-6.4B-6.7B-7.49B-7.68B
Invested capital
-601.38-755.43-763.570.450.45
Average receivables
714M847M1.12B777M579M
Average payables
270.5M523.5M821M603M356M
Average inventory
45.5M48.5M55M65M74.5M
Days sales outstanding
114.74442.89278.07160.46130.95
Days payables outstanding
105.29507.27452.34296.79196.88
Days of inventory on hand
27.0629.8134.4848.7854.84
Receivables turnover
0.780.20.320.560.69
Payables turnover
0.850.180.20.30.46
Inventory turnover
3.333.022.611.851.64
ROE
-29-2.5721.570.010
Capex per share
0-1.47-0.52-0.33-0.91

NEP Frequently Asked Questions

What is NextEra Energy Partners, LP stock symbol ?

NextEra Energy Partners, LP is a US stock , located in Juno beach of Fl and trading under the symbol NEP

Is NextEra Energy Partners, LP buy or a sell ?

8 stock analysts have 8 predictions with a medium analyst target price of $79.63. The lowest prediction is $50 and the highest is $95

What is NEP stock prediction ?

With a median analyst target price of $50, 1 stock analysts have made 1 forecasts in last 90 days. $50 is the lowest and $50 is the greatest projection.

What is NextEra Energy Partners, LP stock quote today ?

NextEra Energy Partners, LP stock price is $25.99 today.

Is NextEra Energy Partners, LP stock public?

Yes, NextEra Energy Partners, LP is a publicly traded company.

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