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Assessing Potential US Nuclear Plant-Data Center Partnerships
We reaffirm our fair value estimates and economic moat ratings for US utilities as we assess potential partnerships between data centers and nuclear plants.
NextEra Energy Inc NEE
Bulls Say, Bears Say
Bulls
FP&L operates in one of the most constructive regulatory environments with numerous capital investment opportunities.
Bears
The company's campaign finance practices have come under scrutiny, potentially threatening its constructive regulatory environment in Florida.
News
-
More Than 1.3M Duke Carolinas Customers Without Power; Utilities Work on Florida Outages
-
Mark Cuban Foundation and Florida Power & Light Company Bring Free AI Bootcamp to South Florida Teens
-
NRC Authorizes FPL's Turkey Point Nuclear Power Plant to Operate for Another 20 Years
-
NextEra Energy and NextEra Energy Partners to meet with investors throughout September
-
NextEra Energy board declares quarterly dividend
-
NextEra Energy 2Q Revenue Drops in Both Segments
-
NextEra Energy Partners, LP second-quarter 2024 financial results available on partnership's website
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NextEra Energy second-quarter 2024 financial results available on company's website
Trading Information
- Previous Close Price
- $85.27
- Day Range
- $84.49–85.59
- 52-Week Range
- $47.15–85.75
- Bid/Ask
- $85.43 / $85.60
- Market Cap
- $175.59 Bil
- Volume/Avg
- 8.4 Mil / 8.8 Mil
Key Statistics
- Price/Earnings (Normalized)
- 25.65
- Price/Sales
- 6.78
- Dividend Yield (Trailing)
- 2.36%
- Dividend Yield (Forward)
- 2.41%
- Total Yield
- 2.36%
Company Profile
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 34 GW of generation capacity, including natural gas, nuclear, wind, and solar.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Large Value
- Total Number of Employees
- 16,800
- Website
- https://www.nexteraenergy.com
Competitors
Valuation
|
Metric
|
NEE
|
DUK
|
SO
|
|---|---|---|---|
Price/Earnings (Normalized) | 25.65 | 18.94 | 22.35 |
Price/Book Value | 3.57 | 1.89 | 3.09 |
Price/Sales | 6.78 | 3.00 | 3.85 |
Price/Cash Flow | 12.62 | 8.75 | 11.90 |
Price/Earnings
NEE
DUK
SO
Financial Strength
|
Metric
|
NEE
|
DUK
|
SO
|
|---|---|---|---|
Quick Ratio | 0.28 | 0.33 | 0.45 |
Current Ratio | 0.49 | 0.81 | 0.91 |
Interest Coverage | 2.73 | 2.60 | 3.03 |
Quick Ratio
NEE
DUK
SO
Profitability
|
Metric
|
NEE
|
DUK
|
SO
|
|---|---|---|---|
Return on Assets (Normalized) | 2.55% | 2.61% | 3.15% |
Return on Equity (Normalized) | 9.48% | 9.93% | 13.89% |
Return on Invested Capital (Normalized) | 5.59% | 5.74% | 6.65% |
Return on Assets
NEE
DUK
SO
Utilities - Regulated Electric Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Southern Co
SO
| Gshfsndvs | Lstxgql | $100.3 Bil | |||
| Duke Energy Corp
DUK
| Nngknrgm | Qsqlrw | $90.1 Bil | |||
| National Grid PLC ADR
NGG
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| American Electric Power Co Inc
AEP
| Twlvsdfmx | Sjhrgp | $54.2 Bil | |||
| PG&E Corp
PCG
| Ddpyttfqz | Xcv | $52.1 Bil | |||
| Dominion Energy Inc
D
| Kcqrnlfh | Qgpdwlc | $49.0 Bil | |||
| Public Service Enterprise Group Inc
PEG
| Dtkhtkfw | Tzfng | $45.3 Bil | |||
| Exelon Corp
EXC
| Fcgxmhyz | Yfgcl | $41.0 Bil | |||
| Xcel Energy Inc
XEL
| Jcxskqqf | Dvgwtsq | $36.3 Bil |
United States