NEP 📈 Nextera Energy Partners - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US65341B1061
NEP: Wind, Solar, Battery Storage, Natural Gas
NextEra Energy Partners, LP is a leading player in the clean energy space, focused on acquiring, owning, and managing a diverse portfolio of contracted renewable generation assets across the United States.
The company's portfolio is comprised of wind, solar, and battery storage projects, which are all critical components in the transition to a low-carbon economy. These projects are designed to provide a stable source of clean energy, reducing reliance on fossil fuels and mitigating the impact of climate change.
In addition to its renewable energy assets, NextEra Energy Partners also owns contracted natural gas pipeline assets, which play a crucial role in the transportation of this cleaner-burning fuel.
With a strong track record of growth and a commitment to sustainability, NextEra Energy Partners has established itself as a leader in the energy sector since its incorporation in 2014. The company is headquartered in Juno Beach, Florida, and provides investors with a unique opportunity to participate in the clean energy revolution.
For more information on NextEra Energy Partners, LP, please visit their website at https://www.nexteraenergypartners.com.
Additional Sources for NEP Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NEP Stock Overview
| Market Cap in USD | 1,537m |
| Sector | Utilities |
| Industry | Utilities - Renewable |
| GiC Industry | Independent Power and Renewable Electricity Producers |
| TER | 0.00% |
| IPO / Inception | 2014-06-27 |
NEP Stock Ratings
| Growth 5y | -63.6% |
| Fundamental | 22.5% |
| Dividend | 93.0% |
| Rel. Performance Sector | -45.9 |
| Analysts | 2.95/5 |
| Fair Price Momentum | 19.25 USD |
| Fair Price DCF | 81.23 USD |
NEP Dividends
| Dividend Yield 12m | 19.76% |
| Yield on Cost 5y | 9.51% |
| Annual Growth 5y | 11.41% |
| Payout Consistency | 100.00% |
NEP Growth Ratios
| Growth Correlation 3m | -80.9% |
| Growth Correlation 12m | -48.8% |
| Growth Correlation 5y | -36.4% |
| CAGR 5y | -13.57% |
| CAGR/Mean DD 5y | -0.53 |
| Sharpe Ratio 12m | -0.31 |
| Alpha | -55.25 |
| Beta | 1.05 |
| Volatility | 60.30% |
| Current Volume | 1493.7k |
| Average Volume 20d | 2256.1k |
As of December 06, 2024, the stock is trading at USD 18.20 with a total of 1,493,681 shares traded.
Over the past week, the price has changed by +4.18%, over one month by -7.86%, over three months by -23.17% and over the past year by -16.15%.
Neither. Based on ValueRay Fundamental Analyses, Nextera Energy Partners is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 22.49 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NEP as of December 2024 is 19.25. This means that NEP is currently overvalued and has a potential downside of 5.77%.
Nextera Energy Partners has received a consensus analysts rating of 2.95. Therefor, it is recommend to hold NEP.
- Strong Buy: 2
- Buy: 1
- Hold: 13
- Sell: 2
- Strong Sell: 2
According to ValueRays Forecast Model, NEP Nextera Energy Partners will be worth about 20.8 in December 2025. The stock is currently trading at 18.20. This means that the stock has a potential upside of +14.23%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 23.8 | 30.5% |
| Analysts Target Price | 43.2 | 137.4% |
| ValueRay Target Price | 20.8 | 14.2% |