NextEra Energy, Inc.

NYSE:NEE Stock Report

Market Cap: US$200.8b

NextEra Energy Dividends and Buybacks

Dividend criteria checks 4/6

NextEra Energy is a dividend paying company with a current yield of 2.61% that is well covered by earnings.

Key information

2.6%

Dividend yield

-1.0%

Buyback Yield

Total Shareholder Yield1.6%
Future Dividend Yield2.9%
Dividend Growth10.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio59%

Recent dividend and buyback updates

Recent updates

Narrative Update • May 04

NEE: Data Center Power Demand And Project Execution Will Drive Future Returns

Analysts have lifted the implied fair value for NextEra Energy by about $5 to $98.48 per share. This reflects updated assumptions for slightly higher revenue growth, a modestly lower profit margin, and a somewhat higher future P/E multiple after a series of recent price target revisions across the Street.
New Narrative • Apr 27

NEE Valuation — The Convergence of Grid Stability and AI Growth

​As of late April 2026, NextEra Energy (NEE) trades near its 52-week high of $96, buoyed by a robust Q1 earnings beat ($1.09 vs. $0.92 est.) and a record-breaking 33 GW renewables backlog.
Seeking Alpha • Apr 24

NextEra Energy Just Delivered 10% EPS Growth As They Benefit From The AI Buildout

Summary NextEra Energy (NEE) delivered a bullish Q1 2026, with record origination at NEER, reaffirmed long-term guidance, and a 10% YoY adjusted EPS increase. NEE’s structural regulatory moat, expanding renewables backlog, and data center-driven demand position it to capture multi-year growth in U.S. electricity needs. Despite a revenue miss, NEE’s forward valuation remains attractive, with 18% expected EPS growth through 2028 and a 2.59% dividend yield supported by a 10% annual growth rate. Risks include sensitivity to interest rates and potential pullback in hyperscaler CapEx, but NEE’s balance sheet, permitting, and scale make it a credible core holding. Read the full article on Seeking Alpha
New Narrative • Apr 22

NextEra Energy (NEE): The Renewable Powerhouse and the "Grid Modernization" Pivot

NextEra Energy (NEE) , the world’s largest renewable energy company and owner of Florida Power & Light (FPL), enters Wednesday, April 22, 2026 , in a state of high-stakes anticipation. Trading at $91.31 USD —holding steady ahead of tomorrow’s Q1 earnings release—the stock is navigating a delicate balance between its regulated utility stability and its aggressive clean energy growth.
Narrative Update • Apr 19

NEE: Data Center And Gas Project Execution Will Likely Trail EPS Ambitions

Analysts have raised the price target on NextEra Energy by about $2.70 to reflect updated views on fair value, slightly higher assumed revenue growth, a modestly lower profit margin outlook, and a higher future P/E multiple supported by recent Street research. Analyst Commentary Recent Street research on NextEra Energy reflects a mix of optimism about long term demand for power and data center related growth, alongside a clear pocket of caution.
Narrative Update • Apr 05

NEE: Data Center Power Demand Will Support Long Term EPS Roadmap

Analysts have raised their average price targets on NextEra Energy by a few dollars per share, pointing to stronger expected revenue growth supported by rising power demand from data centers and new generation projects, while still factoring in execution risks around long term EPS goals and gas plant contracts. Analyst Commentary Bullish analysts have been increasing their price targets on NextEra Energy by low single digit dollar amounts, citing stronger expected revenue supported by new generation projects and rising power demand from large load customers such as data centers.
Narrative Update • Mar 22

NEE: Data Center Power Deals Will Likely Lag Elevated EPS Ambitions

Analysts have inched their average price target for NextEra Energy higher to the low $100s, citing stronger long term EPS growth targets, solid operating margins, and growing power demand from large load customers such as data centers as key supports for the new valuation range. Analyst Commentary Recent Street research points to a split view on NextEra Energy, with several firms lifting price targets into the low US$100s while still flagging execution and policy risks that could affect how the story plays out over time.
Narrative Update • Mar 07

NEE: Data Center Power Demand And Execution Risks Will Shape Returns

Our analyst fair value estimate for NextEra Energy has edged up from $90.83 to $93.65 as analysts raise price targets into the $100+ range and highlight strong demand for new power generation, improved margin assumptions, and the potential for data center related growth. Analyst Commentary Recent Street research on NextEra Energy clusters around rising price targets and renewed focus on long term earnings growth tied to power demand, especially from large load customers such as data centers.
Narrative Update • Feb 21

NEE: Long Term EPS Roadmap And Data Center Demand Will Matter

Analysts have lifted their fair value estimate for NextEra Energy from $103.00 to $111.00, reflecting updated price targets that point to steadier growth assumptions, slightly higher profit margins, and a richer future P/E multiple supported by recent research highlighting stronger long term EPS ambitions and resilient utility fundamentals. Analyst Commentary Recent research around NextEra Energy is generally constructive, with several bullish analysts adjusting their price targets and ratings in response to the company’s updated long term guidance and perceived earnings power.
Narrative Update • Feb 07

NEE: Nuclear Optimism Will Likely Outpace Execution On New Data Center Deals

Narrative Update The updated analyst work trims our fair value estimate for NextEra Energy by a small amount to $70.45, reflecting slightly lower revenue growth assumptions, a modestly higher discount rate, and a future P/E of about 19.2x that remains aligned with the recent series of upward price target revisions from multiple firms. Analyst Commentary Street research on NextEra Energy has leaned constructive on the headline price targets, but there are still some points you should watch closely.
Narrative Update • Jan 24

NEE: Nuclear Restart Optimism Will Likely Outrun Real Earnings Upside

Analysts lifted their fair value estimate for NextEra Energy from about $60 to roughly $71, citing a combination of updated price targets, expectations for a higher future P/E multiple, and modestly stronger profit margins supported by recent research commentary on nuclear restart potential and broader utility sector revisions. Analyst Commentary Recent research on NextEra Energy has been mixed, with several firms updating their price targets and assumptions as they revisit the broader utilities sector and the company specific nuclear restart potential.
Narrative Update • Jan 09

NEE: Duane Arnold Nuclear Restart And AI Power Demand Will Support Upside

Analysts now see slightly lower upside for NextEra Energy, trimming the average price target by about $0.30 as they weigh recent target resets along with updated assumptions around profit margins and future P/E levels. Analyst Commentary Recent research on NextEra Energy points to a mixed but generally constructive view, with several price target increases balanced by one modest trim and some caution on how much future growth is already reflected in the share price.
Narrative Update • Dec 14

NEE: Duane Arnold Nuclear Restart Will Drive Long Term AI Power Demand

Analysts have nudged their average price target on NextEra Energy slightly higher to approximately $91.14, reflecting continued confidence in the company’s above market revenue growth and resilient margins, despite mixed individual target revisions across the Street. Analyst Commentary Recent research updates on NextEra Energy highlight a generally constructive backdrop, with multiple upward price target revisions offset by a few modest trims.
Narrative Update • Nov 29

NEE: Duane Arnold Restart And Data Center Demand Will Shape Sector Prospects Amid Policy Changes

NextEra Energy's analyst price target shifted from $91.05 to $91.00, reflecting modest adjustments based on recent analyst updates that highlight sector-wide performance and evolving expectations for regulated utility growth. Analyst Commentary Recent research coverage provides insight into how market watchers are calibrating expectations for NextEra Energy as sector fundamentals shift and utility valuations adjust.
Narrative Update • Nov 15

NEE: Sector Partnerships and Renewable Shifts Will Support Balanced Outlook Amid Policy Uncertainty

NextEra Energy's average analyst price target has increased substantially, rising from $84 to $96 per share. Analysts cite constructive policy developments, high-profile corporate partnerships, and sustained earnings growth potential as key drivers supporting a more positive valuation outlook.
Narrative Update • Nov 01

NEE: Long-Term Clean Energy Demand Will Drive Future Performance

The analyst consensus price target for NextEra Energy has increased by over $4 to $91.00. Analysts cite constructive developments related to power purchase agreements and sustained demand for clean energy assets as reasons for the adjustment.
Narrative Update • Oct 17

AI And Renewables Will Drive A Resilient Energy Future

NextEra Energy’s analyst fair value target has increased to $86.79, up from $83.59. Analysts cite strong rate base growth supported by elevated demand for electricity and constructive sector regulation.
Narrative Update • Oct 03

AI And Renewables Will Drive A Resilient Energy Future

The analyst price target for NextEra Energy was adjusted slightly lower by $1 to $95. Analysts cited updates to sector valuations and regulatory developments affecting regulated utilities and renewable energy providers as reasons for the adjustment.
Analysis Article • Jul 01

NextEra Energy (NYSE:NEE) Seems To Be Using A Lot Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jun 16

There Are Reasons To Feel Uneasy About NextEra Energy's (NYSE:NEE) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Analysis Article • Jun 01

Getting In Cheap On NextEra Energy, Inc. (NYSE:NEE) Might Be Difficult

With a price-to-earnings (or "P/E") ratio of 26.4x NextEra Energy, Inc. ( NYSE:NEE ) may be sending bearish signals at...
Seeking Alpha • Apr 24

NextEra Energy Vs. XLU: Yield Spread Favors Buying NEE

Summary Since my last writing, the XLU-NEE yield spread has plunged to the lowest level in at least a decade. This indicates that NEE’s valuation risk is extremely low compared to the broader utility sector. I am optimistic for NEE to sustain ~10% annual dividend growth rate given its past dividend growth record and the guidance provided in its Q1 earnings report. Despite its better – much better - dividend consistency and growth potential, NEE is currently priced at almost identical valuation ratios as XLU. Read the full article on Seeking Alpha
New Narrative • Apr 08

Heavy Investments Will Expand US Energy Infrastructure

Strategic investments in U.S. energy infrastructure and Florida's growing population are key to boosting NextEra Energy's operational capacity and FPL’s revenue.
Seeking Alpha • Mar 18

NextEra Energy In New Era (Rating Downgrade)

Summary NextEra Energy is a utility and energy project holding company with a $148 billion market capitalization and a current dividend of 3.1%. NextEra has two parts: a strong Florida electric utility and a division that develops, constructs, and operates generation and transmission assets, particularly renewables. The increased electricity demand backdrop is offset by changes in energy policy (broader solution set that includes hydrocarbons) and the unknown effect of cutting government spending by up to $2 trillion. Read the full article on Seeking Alpha
Seeking Alpha • Feb 19

NextEra Energy's Future: Balancing Renewable Expansion And Policy Risks

Summary NextEra Energy benefits from Trump's pro-energy policies, enabling faster deployment of renewable projects and enhancing market competitiveness through simplified permits and tax benefits. Despite underperforming peers, NextEra's long-term growth potential is strong due to disciplined capital allocation, robust revenue growth, and strategic investments in renewable energy. Heavy debt levels and regulatory risks pose challenges, but NextEra's operational excellence and strategic positioning make it a compelling long-term investment. NextEra's partnership with GE Vernova and plans to revive the Duane Arnold nuclear plant are positive catalysts for future stock performance. Read the full article on Seeking Alpha
Seeking Alpha • Feb 09

NextEra Energy: Yield Spread Shows It's Still A Hold

Summary I am still seeing a mixed return/risk profile for NEE despite a 17% price pullback since my last analysis. The pullback has certainly made its P/E and yield more attractive. However, risk-free rates have risen in the meantime, pressuring its valuation and counterbalancing its higher yield and lower P/E. Judging by yield spread, the current risk premium is among the highest levels in multi-years. Read the full article on Seeking Alpha
Seeking Alpha • Jan 08

NextEra Energy: One Of My Favorite Dividend Aristocrats

Summary NextEra Energy, Inc. boasts nearly three decades of dividend growth, robust financial health, and is expected to hike its dividend by 10%. NEE's Q3 results showed a 5.5% revenue increase and 9.6% EPS growth, despite Hurricane Helene's impact, highlighting its resilience and effective investments. Florida's economic growth and NEE's strategic investments support high-single digit annual EPS growth, with shares currently undervalued by approximately 10%. NEE's strong balance sheet and consistent dividend growth make it a reliable investment, with potential for double-digit annual total returns over the coming years. Read the full article on Seeking Alpha
Seeking Alpha • Dec 09

Watts Up With This Stock? The Dividend Power Of NextEra Energy

Summary NextEra Energy is well-positioned to capitalize on rising power demand, driven by AI, data centers, and industrial electrification, with a strong growth outlook. The company boasts a 29-year track record of dividend hikes, targeting 10% annual growth through 2026, making it attractive for income investors. Despite its premium valuation, NextEra's operational efficiency and renewable energy focus provide a competitive edge, with potential upside if interest rates ease. Risks include higher valuation compared to peers, reliance on renewable energy, and financial unpredictability from natural disasters like hurricanes. Read the full article on Seeking Alpha
Seeking Alpha • Nov 07

NextEra Energy: Executing Well Amidst The Storm

Summary NEER solidified its growth outlook this quarter with yet another strong origination, alongside two framework agreements signed with Fortune 50 companies. FPL executed well amidst the two hurricanes, demonstrating the high quality nature of the business and the management team. The fundamentals in Florida remain solid, which will likely continue to be a growth driver for the business. With the growing backlog that extends well into 2027, the visibility into their 2027 targets continue to improve, which makes me confident about the company's ability to exceed the high end of guidance. Read the full article on Seeking Alpha
Seeking Alpha • Oct 28

Utility Dashboard: Hold NextEra Energy, But Avoid XLU

Summary Traditional wisdom considers utility stocks safe haven investments for good reason. They offer a combination of growth and quasi-bond features (such as generous yields and relative predictable earnings). However, now is a bad time to apply such wisdom, especially when applied blindly. The combination of rate changes, valuation expansion and growth potential has made XLU one of the most overvalued sectors on our dashboard. In contrast, leading stocks in the sector like NEE offer a better-rounded package of growth and valuation – at least relative to the sector average represented by XLU. Read the full article on Seeking Alpha
Seeking Alpha • Sep 25

NextEra Energy: Made For This Moment But I Can't Invest

Summary Since 2016, NEE's dividend yield has rarely exceeded 3% for any sustained period, indicating limited appeal as a high-yield dividend stock. NEE has a huge scale. It is the largest green energy producer in the world. Long-term revenue and dividend growth seem assured, but it is hard to justify investing now at current share values. Read the full article on Seeking Alpha
Seeking Alpha • Sep 15

Buy NextEra Stock To Benefit From Strengthening Electricity Demand

Summary NextEra Energy is poised to benefit from increased electricity demand due to AI, battery-powered vehicles, and Florida's population growth. Large investors are bullish on electric utilities, driven by data centers' growing demand for clean energy. Regulatory risks are not very high, with potential boosts from permitting reform and possible new waivers on solar panel imports. NextEra's strong growth outlook and attractive valuation make it a buy. Read the full article on Seeking Alpha
Seeking Alpha • Aug 19

NextEra Energy: Becoming A Renewables And Utilities Juggernaut

Summary NextEra Energy has two main businesses: FPL, the largest electric utility in Florida, and NEER, the world's largest generator of renewable energy. FPL has strong tailwinds arising from positive regulatory environment and as Florida sees strong GDP and population growth. NEER's revenues mainly comes from long-term PPAs, with 93% of revenues coming from long-term contracts. NEER's prospects continue to improve given increasing power demand and higher renewables and storage additions in the next few years. FPL is executing well with low bills and high reliability for customers, setting itself well for the rate case filing in 2025. Read the full article on Seeking Alpha

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: NEE's dividends per share have been stable in the past 10 years.

Growing Dividend: NEE's dividend payments have increased over the past 10 years.

Dividend Yield vs Market

NextEra Energy Dividend Yield vs Market
How does NEE dividend yield compare to the market?
SegmentDividend Yield
Company (NEE)2.6%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Electric Utilities)2.7%
Analyst forecast (NEE) (up to 3 years)2.9%

Notable Dividend: NEE's dividend (2.61%) is higher than the bottom 25% of dividend payers in the US market (1.39%).

High Dividend: NEE's dividend (2.61%) is low compared to the top 25% of dividend payers in the US market (4.21%).

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (58.8%), NEE's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: NEE is paying a dividend but the company has no free cash flows.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/06 19:22
End of Day Share Price 2026/05/06 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NextEra Energy, Inc. is covered by 35 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
David ParkerBaird
Daniel FordBarclays