Q1 2025 EPS Estimates for NextEra Energy Partners, LP Increased by Analyst (NYSE:NEP)

NextEra Energy Partners, LP (NYSE:NEP) – Stock analysts at Zacks Research upped their Q1 2025 earnings estimates for shares of NextEra Energy Partners in a research note issued to investors on Wednesday, August 14th. Zacks Research analyst J. Saha now expects that the solar energy provider will post earnings per share of $0.34 for the quarter, up from their prior estimate of $0.29. The consensus estimate for NextEra Energy Partners’ current full-year earnings is $1.78 per share. Zacks Research also issued estimates for NextEra Energy Partners’ Q2 2025 earnings at $0.27 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.16 EPS, FY2025 earnings at $0.94 EPS, Q1 2026 earnings at $0.18 EPS, Q2 2026 earnings at $0.16 EPS and FY2026 earnings at $0.74 EPS.

NextEra Energy Partners (NYSE:NEP) last posted its earnings results on Wednesday, July 24th. The solar energy provider reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.07. The business had revenue of $360.00 million for the quarter, compared to the consensus estimate of $365.54 million. NextEra Energy Partners had a net margin of 24.42% and a negative return on equity of 0.40%. The company’s revenue for the quarter was up 22.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.53 EPS.

NEP has been the topic of a number of other reports. Oppenheimer restated a “market perform” rating on shares of NextEra Energy Partners in a report on Wednesday, April 24th. StockNews.com upgraded shares of NextEra Energy Partners to a “sell” rating in a report on Thursday, July 25th. Royal Bank of Canada cut shares of NextEra Energy Partners from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from $38.00 to $30.00 in a report on Monday, July 1st. Barclays cut shares of NextEra Energy Partners from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $32.00 to $25.00 in a report on Thursday, June 13th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and issued a $25.00 price target on shares of NextEra Energy Partners in a report on Thursday, May 23rd. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, NextEra Energy Partners has a consensus rating of “Hold” and an average target price of $33.00.

NextEra Energy Partners Price Performance

NYSE NEP remained flat at $25.15 during trading on Friday. 156,499 shares of the company’s stock were exchanged, compared to its average volume of 1,479,321. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.22 and a current ratio of 1.30. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of 8.25 and a beta of 1.03. The company has a 50-day simple moving average of $27.25 and a 200 day simple moving average of $28.80. NextEra Energy Partners has a 1-year low of $20.17 and a 1-year high of $51.53.

Hedge Funds Weigh In On NextEra Energy Partners

Institutional investors have recently bought and sold shares of the business. Clearbridge Investments LLC purchased a new position in NextEra Energy Partners during the 4th quarter worth approximately $6,818,000. Vanguard Group Inc. raised its position in NextEra Energy Partners by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 635,881 shares of the solar energy provider’s stock worth $19,127,000 after buying an additional 22,370 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its position in NextEra Energy Partners by 13.2% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 9,720 shares of the solar energy provider’s stock worth $296,000 after buying an additional 1,130 shares during the last quarter. Otter Creek Advisors LLC purchased a new position in NextEra Energy Partners during the 4th quarter worth approximately $3,061,000. Finally, Caxton Associates LP purchased a new position in NextEra Energy Partners during the 4th quarter worth approximately $1,509,000. 66.01% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Partners Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 14th. Shareholders of record on Tuesday, August 6th were given a dividend of $0.905 per share. The ex-dividend date was Tuesday, August 6th. This is a positive change from NextEra Energy Partners’s previous quarterly dividend of $0.89. This represents a $3.62 dividend on an annualized basis and a yield of 14.39%. NextEra Energy Partners’s dividend payout ratio (DPR) is currently 118.69%.

About NextEra Energy Partners

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.