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NYSE: NEE

How to Buy Nextera Energy Stock

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Nextera Energy Inc

Nextera Energy is a regulated electric utility company located in Florida, United States, which is part of the Utilities sector, and is traded under the ticker NEE on the NYSE exchange.

Nextera Energy stock last closed at $85.20, up 0.44% from the previous day, and has decreased 3.86% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 0.09 percentage points. Nextera Energy stock is currently +26.75% from its 52-week low of $67.22, and -9.1% from its 52-week high of $93.73.

There are currently 1.99B NEE shares outstanding. The market value of NEE is $169.31B. In the past 24 hours, 6.32M NEE shares were traded.

How to Buy Nextera Energy Stock

Wondering how to invest in Nextera Energy stock? Here's how.
  1. Figure out where to buy Nextera Energy stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Nextera Energy stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found. It's the best place to buy NEE stock.
  3. Fund your investment account: Select your payment method and add your details.
  4. Research Nextera Energy stock: The Nextera Energy ticker symbol is NEE. Is Nextera Energy stock a good investment? Should you buy shares of NEE? How do NEE's underlying business fundamentals look? Do top analysts think Nextera Energy is a good buy? Why has NEE's stock price moved recently? (Hint: Our stock research website can help you decide if NEE is a good stock to buy).
  5. Make your NEE buy order: Decide if you will purchase NEE shares at the current market price or use a limit order to buy NEE stock at a specific price.
  6. Watch your NEE investment: Create a watchlist to get the latest news on your investment in Nextera Energy shares.

Step 1: Figure out where to buy Nextera Energy stock

You need an online brokerage account to access the NYSE market and buy NEE shares.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal information so you are able to invest in NEE today.

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  1. Click here to get started.
  2. Input your personal info to start your new brokerage account.
  1. Send your details by pressing the "Create Account" button.
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Step 3: Fund your investment account

Check out the video below for more details depositing money into your new brokerage account.

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Step 4: Research Nextera Energy stock

It's absolutely critical to analyze stocks before you buy, so you truly understand the risk and upside.

Nextera Energy quick stats

NEE Price
$85.20
1w %
-0.16%
1y %
-3.86%
5y %
118.51%
P/E
43.92x
P/B
4.38x
P/S
8.53x
PEG
2.18x
Revenue
$19.84B
Earnings
$3.83B
Fore. Rev. Growth
13.6%
Fore. Earn. Growth
20.13%
Market Cap
$169.31B
Next Earnings
Jan 23, 2023
Next Dividend
Dec 15, 2022

Nextera Energy Zen Score

WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on NEE's stock page.

Is NEE stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NEE's true value.

Using relative valuations ratios:

  • NEE may be overvalued based on its P/E ratio of 43.92x, relative to Utilities - Regulated Electric industry P/E ratio of 25.3x
  • NEE could be overvalued based on its P/B ratio of 4.38x, relative to Utilities - Regulated Electric industry P/B ratio of 1.76x
  • NEE could be overvalued based on its PEG ratio of 2.18x

You can do additional valuation research on NEE's stock here.

NEE Financial Summary

Positive Health Checks:

  • NEE profit margin has gone up from 14.4% to 19.3% in the past year.
  • NEE earnings of $4.85B is not sufficient to cover its interest payments.

Negative Health Checks:

  • NEE's operating cash flow of $8.58B allows it to safely service it's debt of $64.83B.
  • There are more short-term liabilities than short-term assets on the NEE balance sheet.
  • NEE has a relatively high debt to equity ratio of 2.84.
  • Total NEE debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the NEE balance sheet.

Is it a good time to buy NEE stock?

Out of 9 sell side analysts who give recommendations on NEE, the consensus analyst rating on NEE is a Strong Buy

Should I buy or sell NEE stock?

Based on 9 analysts offering ratings for Nextera Energy Inc.
Strong Buy
Strong Buy
6 analysts 66.67%
Buy
1 analysts 11.11%
Hold
2 analysts 22.22%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Latest NEE Analyst Ratings

David Arcaro, a bottom 14% analyst from Morgan Stanley maintains NEE with a strong buy rating and raises their NEE price target from $94.00 to $95.00, on Nov 11, 2022.

James Thalacker, a top 34% analyst from BMO Capital maintains NEE with a buy rating and raises their NEE price target from $89.00 to $91.00, on Oct 31, 2022.

Sophie Karp, a top 8% analyst from KeyBanc maintains NEE with a strong buy rating and lowers their NEE price target from $93.00 to $89.00, on Oct 20, 2022.

Neil Kalton, a top 5% analyst from Wells Fargo maintains NEE with a strong buy rating and lowers their NEE price target from $115.00 to $100.00, on Oct 19, 2022.

Shahriar Pourreza, a top 26% analyst from Guggenheim maintains NEE with a strong buy rating and raises their NEE price target from $91.00 to $108.00, on Sep 12, 2022.

Pourreza raised his price target on NextEra Energy, Inc. by 18.7% following a meeting with the company's CFO and other leaders shortly after the passage of the Inflation Reduction Act* (IRA).

NextEra is a "clear winner" from the renewables and decarbonization provisions of the law, the analyst pronounced.

The company is arguably the best positioned among all the names in his portfolio to take advantage of the law except for Constellation Energy**, Pourreza added.

"Investors will distinguish and bid up utilities in the sector that are clear beneficiaries of IRA rather than those that are agnostic and/or negatively impacted by the legislation," the analyst concluded.

* From here: The Inflation Reduction Act of 2022 aims to curb inflation by reducing the deficit, lowering prescription drug prices, and investing in domestic energy production while promoting clean energy. It was passed by the 117th United States Congress and signed into law by President Joe Biden on 2022/08/16.

** Which Pourreza has rated a Strong Buy.

You can dig deeper into what analysts are forecasting on the Nextera Energy stock forecast page.

Metrics for Advanced NEE Traders

SMA10
84.21
SMA20
82.62
SMA50
79.29
SMA100
82.68
SMA200
80.19
MACD
1.63
MACD Signal
1.51
MACD Histogram
0.12
RSI
60.76
Stochastic %K
79.13
Stochastic %D
73.87
StochRSI %K
59.86
StochRSI %D
47.68

NEE Performance Numbers

Last year, NEE earnings were $3.83B. During the last five year, NEE's earnings have grown by -2.79% per year. This was slower than the Utilities - Regulated Electric industry average of 4.82%.

Last year, NEE revenue was $19.84B. During the past five year, NEE's revenue has grown by 3.3% per year. This was slower than the Utilities - Regulated Electric industry average of 4.27%.

You can research NEE's earnings and revenue performance here.

Latest Insiders Trades at NEE

Over the last 12 months, insiders at NEE have sold more shares than they have bought.

Charles E. Sieving, EVP General Counsel of NEE, was the latest NEE insider to sell. They sold $194,159.79 worth of NEE stock on Nov 25, 2022.

Learn more about who owns NEE shares here.

Does NEE provide a stable income stream?

Nextera Energy pays a dividend of 2%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3.87%. If you owned $1,000 worth of NEE stock, you would have been paid $19.95 last year.

Nextera Energy dividend payments have consistently grown over the past decade and have remained stable.

Find more info about Nextera Energy dividend yield and history here.

What others are saying about NEE

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Make your NEE buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally sufficient.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount limit, place a limit order.

Hit the Open button and eToro will place the order.

If you need additional assistance investing in stocks on eToro, click the how to video below:

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Step 6: Watch your NEE investment

Now that you own some NEE shares, you'll want to stay up-to-date on your new company.

Add NEE to a watchlist to track your NEE stock.

NEE Feed

How to Buy Stock in Nextera Energy

To reiterate, here are the 6 steps to buy stock in Nextera Energy:

  1. Figure out where to buy Nextera Energy stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Research Nextera Energy stock
  5. Make your NEE buy order
  6. Watch your NEE investment

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today

If you would like to keep tabs on your investment in Nextera Energy, create a watchlist on WallStreetZen today.

NYSE: NEE
$85.20+0.37 (+0.44%)
Updated Dec 2, 2022
Open eToro Account
NYSE: NEE
$85.20+0.37 (+0.44%)
Updated Dec 2, 2022
Open eToro Account

FAQ

How much does it cost to buy one Nextera Energy share?

As of Dec 2, 2022, it costs $85.20 to buy one share of Nextera Energy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.117 shares of NEE.

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Is now a good time to buy Nextera Energy stock?

According to 9 Wall Street analysts who monitor Nextera Energy, their consensus recommendation is to buy Nextera Energy stock.

What is the best way to buy Nextera Energy stock?

The best way to buy Nextera Energy stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.