Press coverage about NextEra Energy Partners, (NYSE:NEP) has been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NextEra Energy Partners, earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news coverage about the solar energy provider an impact score of 46.7327579123045 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- ETFs with exposure to NextEra Energy Partners LP : August 11, 2017 (finance.yahoo.com)
- Parametric Portfolio Associates LLC Takes Position in NextEra Energy Partners, LP (NEP) (lazeresportes.com)
- 3 Dividend Stocks for Retirement – Motley Fool (fool.com)
- Form 8-A12B/A NextEra Energy Partners, – StreetInsider.com (streetinsider.com)
Shares of NextEra Energy Partners, (NEP) traded up 1.32% on Friday, reaching $38.30. 403,499 shares of the company were exchanged. NextEra Energy Partners, has a 12 month low of $23.90 and a 12 month high of $41.49. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 21.09 and a beta of 1.26. The company’s 50-day moving average price is $38.70 and its 200 day moving average price is $34.26.
NextEra Energy Partners, (NYSE:NEP) last released its earnings results on Wednesday, July 26th. The solar energy provider reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by $0.19. The firm had revenue of $204 million for the quarter, compared to analyst estimates of $232.03 million. NextEra Energy Partners, had a net margin of 13.77% and a return on equity of 4.74%. On average, equities research analysts expect that NextEra Energy Partners, will post $1.58 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, August 14th. Shareholders of record on Monday, August 7th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date of this dividend is Thursday, August 3rd. This is an increase from NextEra Energy Partners,’s previous quarterly dividend of $0.37. NextEra Energy Partners,’s dividend payout ratio is currently 76.38%.
Several equities research analysts have recently commented on NEP shares. TheStreet upgraded shares of NextEra Energy Partners, from a “c-” rating to a “b” rating in a research report on Wednesday, July 26th. Vetr upgraded shares of NextEra Energy Partners, from a “sell” rating to a “buy” rating and set a $40.37 price target for the company in a research report on Thursday, June 22nd. Zacks Investment Research upgraded shares of NextEra Energy Partners, from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a research report on Thursday, June 22nd. Williams Capital started coverage on shares of NextEra Energy Partners, in a research report on Thursday, June 1st. They set a “buy” rating and a $45.00 price target for the company. Finally, BidaskClub cut shares of NextEra Energy Partners, from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 1st. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $38.57.
In related news, insider Armando Pimentel, Jr. acquired 5,000 shares of NextEra Energy Partners, stock in a transaction dated Friday, July 14th. The stock was bought at an average price of $38.23 per share, with a total value of $191,150.00. Following the transaction, the insider now directly owns 20,000 shares in the company, valued at approximately $764,600. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Mark E. Hickson acquired 1,350 shares of NextEra Energy Partners, stock in a transaction dated Wednesday, July 5th. The shares were bought at an average cost of $37.51 per share, with a total value of $50,638.50. Following the transaction, the executive vice president now owns 4,780 shares in the company, valued at $179,297.80. The disclosure for this purchase can be found here. Company insiders own 0.46% of the company’s stock.
NextEra Energy Partners, Company Profile
Nextera Energy Partners, LP is a limited partnership formed to acquire, manage and own contracted clean energy projects. The Company, through its limited partnership interest in NextEra Energy Operating Partners, LP (NEP OpCo), owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets.
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