Uncovering Institutional Buying In NextEra Energy Inc (NYSE: NEE)

Currently, there are 2.05B common shares owned by the public and among those 2.04B shares have been available to trade.

However, the script later moved the day high at 58.00, up 0.68%. The company’s stock has a 5-day price change of 2.83% and 3.24% over the past three months. NEE shares are trading 1.71% year to date (YTD), with the 12-month market performance down to -16.66% lower. It has a 12-month low price of $47.15 and touched a high of $79.78 over the same period. NEE has an average intraday trading volume of 11.66 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 7.25%, 6.97%, and -1.53% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of NextEra Energy Inc (NYSE: NEE) shares accounts for 79.98% of the company’s 2.05B shares outstanding.

It has a market capitalization of $126.80B and a beta (3y monthly) value of 0.51. The stock’s trailing 12-month PE ratio is 17.13, while the earnings-per-share (ttm) stands at $3.61. The company has a PEG of 2.18 and a Quick Ratio of 0.47 with the debt-to-equity ratio at 1.55. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.22% over the week and 2.23% over the month.

Earnings per share for the fiscal year are expected to increase by 7.26%, and 8.10% over the next financial year. EPS should grow at an annualized rate of 7.87% over the next five years, compared to 0.74% over the past 5-year period.

Looking at the support for the NEE, a number of firms have released research notes about the stock. Citigroup stated their Buy rating for the stock in a research note on December 08, 2023, with the firm’s price target at $69. Seaport Research Partners coverage for the NextEra Energy Inc (NEE) stock in a research note released on November 09, 2023 offered a Sell rating with a price target of $44. KeyBanc Capital Markets was of a view on October 05, 2023 that the stock is Sector Weight, while Goldman gave the stock Buy rating on June 08, 2023, issuing a price target of $90. BofA Securities on their part issued Neutral rating on January 26, 2023.

Most Popular

Related Posts