NextEra Energy Inc (NYSE:NEE) shares traded 0.82% higher at $69.06 on Wall Street last session.
NEE stock price is now -2.78% away from the 50-day moving average and -9.06% away from the 200-day moving average. The market capitalization of the company currently stands at $142.06B.
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With the price target of $87, Jefferies recently initiated with Hold rating for NextEra Energy Inc (NYSE: NEE). On June 12, 2024, Mizuho Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $71, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, May James Michael, Officer bought 2,383 shares of the company’s stock on Feb 18 ’25. The stock was bought for $162,258 at an average price of $68.09. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 12 ’24, EVP, Human Res & Corp Svcs Daggs Nicole J sold 4,007 shares of the business’s stock. A total of $302,809 was realized by selling the stock at an average price of $75.57. This leaves the insider owning 15,792 shares of the company worth $1.09 million. A total of 0.13% of the company’s stock is owned by insiders.
During the past 12 months, NextEra Energy Inc has had a low of $53.95 and a high of $86.10. As of last week, the company has a debt-to-equity ratio of 1.64, a current ratio of 0.47, and a quick ratio of 0.38.
The net profit margin was 29.22% and return on equity was 14.24% for NEE. The company reported revenue of $5.39 billion for the quarter, compared to $6.88 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -21.68 percent.
