|Bid||233.85 x 800|
|Ask||233.97 x 1100|
|Day's Range||227.15 - 234.01|
|52 Week Range||174.80 - 283.35|
|Beta (5Y Monthly)||0.21|
|PE Ratio (TTM)||32.50|
|Earnings Date||Jul. 22, 2020 - Jul. 27, 2020|
|Forward Dividend & Yield||5.60 (2.39%)|
|Ex-Dividend Date||Feb. 27, 2020|
|1y Target Est||255.80|
NextEra Energy Partners (NEP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Zacks.com featured highlights include: NextEra Energy, Kinsale Capital Group, Vectrus, Teekay Tankers and West Pharmaceutical Services
The current market situation seems favorable for corporates to take debt since the COVID-19 pandemic has forced the Federal Reserve to drag down interest rate to a near-zero level.
Dividend payments have been decimated this year because of the impact the COVID-19 outbreak is having on the economy. One of the sectors hit particularly hard has been the energy industry where dividends have plunged with oil demand. Three of the safest these days are those paid by TC Energy (NYSE: TRP), NextEra Energy (NYSE: NEE), and Brookfield Renewable Partners (NYSE: BEP).
Now may be the time to transition your portfolio from oil stocks to renewable energy stocks. Here are five picks to get you started.
Recessions are typically scary times for individuals, businesses, and the stock market. Since the current recession has been caused by a pandemic, and not an asset bubble bursting, with unprecedented government action to combat the economic fallout, there's considerable debate as to whether this recession will be quick, or if it could evolve into a longer depression. If you're worried about a recession and a double-dip in the market yet want to stay invested, here's how to position your portfolio.
If you're looking at oil stocks right now, you're probably excited by the prospect of buying top oil stocks at discount prices but a little worried about the gloomy outlook for the industry at large. You're right to be concerned: Oil production may be unprofitable for months, if not years, and oil companies are slashing dividends and capital spending left and right. With that in mind, we rounded up five Motley Fool contributors who regularly cover the oil industry and asked them what sectors they think have superior prospects.
For investors with a long-term horizon, assessing earnings trend over time and against industry benchmarks is more...
Units of NextEra Energy Partners (NYSE: NEP) enjoyed a nice bounce-back in April. After tumbling more than 25% in March amid the coronavirus market swoon, the clean energy company rebounded 24.7% in April, according to data provided by S&P Global Market Intelligence. NextEra Energy Partners' operations proved to be immune to the impact the COVID-19 outbreak had on the broader economy.
Consolidated Edison's (ED) operating expenses in the first quarter of 2020 decrease 11% year over year, led by a decline in purchase power, gas purchased for resale and fuel expenses.
It's been a wild ride in the energy sector lately. With so much uncertainty in the oil and gas sector, this month it's probably better for investors to just avoid the whole mess and focus on other areas of the energy sector. Compelling energy stocks right now include NextEra Energy (NYSE: NEE), Brookfield Renewable Partners (NYSE: BEP), and Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A).
Buying NextEra is almost like buying two companies in one: it's both a regulated electric utility and a developer of wind and solar energy farms. NextEra's electrical utility arm is the biggest utility in the U.S., controlling the massive Florida Power and Light, which holds 5 million customer accounts in the Sunshine State. In 2019, NextEra bought Gulf Power from Southern Company, giving it an additional 450,000 accounts in the Florida panhandle.
NextEra, a relatively fast-growing utility, lagged badly behind the market in April, but don't get too stuck on one month's performance.