NextEra Energy Partners
About: NextEra Energy Partners LP is formed to acquire, manage, and own contracted clean energy projects. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. Renewable energy assets consist of wind, solar, and solar-plus-storage projects and a stand-alone battery storage project, as well as contracted natural gas pipeline assets. Renewable energy sales generate maximum revenue for the company.
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 13 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
147% more call options, than puts
Call options by funds: $169M | Put options by funds: $68.4M
16% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 88
3% less funds holding
Funds holding: 312 [Q2] → 303 (-9) [Q3]
14.93% less ownership
Funds ownership: 64.24% [Q2] → 49.31% (-14.93%) [Q3]
18% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 49
23% less capital invested
Capital invested by funds: $1.66B [Q2] → $1.27B (-$390M) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 2 (-2) [Q3]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$14
20%
downside
Avg. target
$23
32%
upside
High target
$32
82%
upside
13 analyst ratings
4 positive
31%
6 neutral
46%
3 negative
23%
Scotiabank Andrew Weisel 46% 1-year accuracy 13 / 28 met price target | 15%downside $15 | Sector Perform Maintained | 12 Dec 2024 |
Morgan Stanley Robert Kad 64% 1-year accuracy 9 / 14 met price target | 25%upside $22 | Overweight Upgraded | 2 Dec 2024 |
Seaport Global Angie Storozynski 67% 1-year accuracy 2 / 3 met price target | 21%downside $14 | Sell Maintained | 28 Oct 2024 |
Guggenheim Shahriar Pourreza 74% 1-year accuracy 14 / 19 met price target | 25%upside $22 | Neutral Downgraded | 28 Oct 2024 |
Evercore ISI Group Michael Lonegan 0% 1-year accuracy 0 / 4 met price target | 70%upside $30 | Outperform Maintained | 24 Oct 2024 |
Financial journalist opinion
Based on 12 articles about NEP published over the past 30 days
Neutral
Zacks Investment Research
3 days ago
NextEra Energy Partners (NEP) Falls More Steeply Than Broader Market: What Investors Need to Know
NextEra Energy Partners (NEP) closed at $17.65 in the latest trading session, marking a -1.18% move from the prior day.
Positive
Seeking Alpha
1 week ago
Buy The Dip: A Major Market Reversal Is Likely Coming
One of the most dynamic growth sectors in the market has recently pulled back sharply. I think the dip will be short-lived for the most quality companies in that sector. I share my top two picks in the sector.
Positive
Seeking Alpha
1 week ago
2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables
Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable companies, 8 met the Dogcatcher ideal, with annual dividends from a $1K investment exceeding their single share prices. Analysts estimate net gains of 15.68% to 48.08% for the top ten ESG companies by December 2025.
Negative
Zacks Investment Research
1 week ago
NextEra Energy Partners (NEP) Stock Sinks As Market Gains: Here's Why
NextEra Energy Partners (NEP) reachead $17.93 at the closing of the latest trading day, reflecting a -1.05% change compared to its last close.
Neutral
Seeking Alpha
1 week ago
How Donald Trump's Tariffs Could Impact High-Yield Stocks
President-elect Donald Trump's proposed tariffs have ignited significant uncertainty for the economy and markets. We take a look at how they will likely impact various high-yield sectors. We also share some of our top picks of the moment.
Positive
Seeking Alpha
1 week ago
NextEra Energy Partners: Fire-Sale Discount As Clean Energy Proves Resilience
The clean energy sector has struggled post-election, with solar and wind ETFs down significantly, influenced by potential policy changes and higher interest rates. NextEra Energy Partners has drastically declined due to rising interest rates, which have impacted growth and investor confidence, but its core business remains strong. Despite near-term pressures and a likely dividend cut, NEP's long-term prospects are promising, especially with potential improvements in power storage technology.
Positive
Zacks Investment Research
2 weeks ago
Why the Market Dipped But NextEra Energy Partners (NEP) Gained Today
In the most recent trading session, NextEra Energy Partners (NEP) closed at $18.20, indicating a +1.11% shift from the previous trading day.
Positive
Zacks Investment Research
2 weeks ago
Is Trending Stock NextEra Energy Partners, LP (NEP) a Buy Now?
Recently, Zacks.com users have been paying close attention to NextEra Energy Partners (NEP). This makes it worthwhile to examine what the stock has in store.
Positive
Zacks Investment Research
2 weeks ago
NextEra Energy Partners (NEP) Moves 12.6% Higher: Will This Strength Last?
NextEra Energy Partners (NEP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Positive
Zacks Investment Research
3 weeks ago
NextEra Energy Partners (NEP) Flat As Market Gains: What You Should Know
NextEra Energy Partners (NEP) concluded the recent trading session at $17.47, signifying no movement from its prior day's close.
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