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How to Buy Nextera Energy Stock

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 $63.91, up 0.19% from the previous day, and has decreased 15.06% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 0.09 percentage points. Nextera Energy stock is currently +35.56% from its 52-week low of $47.15, and -19.89% from its 52-week high of $79.78.

There are currently 2.05B NEE shares outstanding. The market value of NEE is $131.17B. In the past 24 hours, 12.68M 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.
  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.

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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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Step 3: Fund your investment account

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Step 4: Research Nextera Energy stock

Once you have figured out the best place to buy Nextera Energy stock, it's very important to analyze their stock prior to investing, so you actually comprehend the risk as well as the opportunity.

Nextera Energy Metrics

NEE Price
$63.91
1w %
4.16%
1y %
-15.06%
5y %
33.2%
P/E
17.7x
P/B
2.76x
P/S
4.67x
PEG
8.16x
Revenue
$28.11B
Earnings
$7.31B
Fore. Rev. Growth
7.25%
Fore. Earn. Growth
2.17%
Market Cap
$131.17B
Next Earnings
Apr 23, 2024
Next Dividend
N/A

Nextera Energy Fundamentals

WallStreetZen was created to help part-time investors do more accurate fundamental analysis quickly.

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

How is NEE stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge NEE's intrinsic value.

Using relative valuations measures:

  • NEE could be overvalued based on its P/E ratio of 17.7x, relative to Utilities - Regulated Electric industry P/E ratio of 16.38x
  • NEE could be overvalued based on its P/B ratio of 2.76x, relative to Utilities - Regulated Electric industry P/B ratio of 1.63x
  • NEE may be overvalued based on its PEG ratio of 8.16x

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

NEE Financial Health

Positive Health Checks:

  • NEE profit margin has gone up from 19.8% to 26% in the past year.

Negative Health Checks:

  • There are more long-term liabilities than short-term assets on the NEE balance sheet.
  • NEE has a relatively high debt to equity ratio of 2.5.
  • NEE earnings of $11.64B is not sufficient to cover its interest payments.
  • NEE's operating cash flow of $11.30B allows it to safely service it's debt of $73.21B.
  • Total NEE debt is higher than 5 years ago, relative to shareholder equity.
  • There are more short-term liabilities than short-term assets on the NEE balance sheet.

Is it a good time to buy Nextera Energy stock, according to Wall Street analysts?

Out of 10 sell side analysts who give ratings on NEE, the consensus analyst rating on Nextera Energy is a Strong Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

Latest NEE Analyst Upgrades/Downgrades

Ryan Levine, a bottom 6% analyst from Citigroup initiates coverage on NEE with a strong buy rating and announces their NEE price target of $69.00, on Dec 8, 2023.

Christopher Turnure, a top 36% analyst from JP Morgan maintains NEE with a strong buy rating and raises their NEE price target from $65.00 to $67.00, on Nov 29, 2023.

David Arcaro, a top 15% analyst from Morgan Stanley maintains NEE with a strong buy rating and lowers their NEE price target from $79.00 to $76.00, on Nov 21, 2023.

Angie Storozynski, a top 21% analyst from Seaport Global downgrades NEE to a sell rating and announces their NEE price target of $44.00, on Nov 9, 2023.

Michael Lapides, a top 26% analyst from Goldman Sachs maintains NEE with a strong buy rating and lowers their NEE price target from $83.00 to $72.00, on Oct 2, 2023.

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

NEE Technical Indicators

SMA10
61.86
SMA20
59.39
SMA50
57.97
SMA100
58.7
SMA200
62.46
MACD
1.64
MACD Signal
1.15
MACD Histogram
0.49
RSI
70.49
Stochastic %K
89.9
Stochastic %D
86.77
StochRSI %K
77.19
StochRSI %D
78.24

How are NEE Revenues/Earnings doing?

Last year, NEE earnings were $7.31B. Over the last five year, NEE's earnings have grown by 0.56% per year. This was slower than the Utilities - Regulated Electric industry average of 2.52%.

Last year, NEE revenue was $28.11B. In the past 5 year, NEE's revenue has gone up by 10.94% per year. This was faster than the Utilities - Regulated Electric industry average of 3.99%.

Find out more about NEE's earnings and revenue performance here.

Are NEE executives and large shareholders buying or selling the stock?

In the past year, executives and large shareholders at NEE have sold more shares than they have bought.

James Michael May, VP Controller and CAO of NEE, was the latest NEE insider to sell. They sold $114,342.00 worth of NEE shares on Mar 13, 2024.

Get more info about who owns NEE stock here.

Can I rely on NEE as an income stream?

Nextera Energy pays a dividend of 3%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3.97%. If you owned $1,000 worth of NEE stock, you would have received $30.00 in the past 12 months.

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

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

What others are saying about NEE

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Step 5: Make your NEE buy order

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount, use a limit order.

Hit the Open Trade button and your broker will place the order.

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Step 6: Watch your NEE investment

Now that you own some shares in NEE, you'll want to keep up with your new company.

Start a watchlist to keep track of your NEE stock.

NEE Feed

How to Buy Stock in Nextera Energy

To reiterate, here are the 6 steps you need to take to buy Nextera Energy stock right now:

  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 are looking for a brokerage account, eToro is our favorite venue.

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If you would like to get the latest scoop on your new investment in Nextera Energy, add NEE to your watchlist below.

NYSE: NEE
$63.91+0.12 (+0.19%)
Updated Mar 28, 2024
Open eToro Account
NYSE: NEE
$63.91+0.12 (+0.19%)
Updated Mar 28, 2024
Open eToro Account

FAQ

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

As of Mar 28, 2024, it costs $63.91 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 0.156 shares of NEE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Nextera Energy stock?

According to 10 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?

One way to place an order for Nextera Energy stock is with a brokerage account.
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.