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NextEra Energy, Inc. (NYSE:BORN), a leading clean energy company and member of the prestigious Dividend Aristocrats club, has a strong track record of consistently increasing its dividends, making it an attractive option for income-seeking investors. Over the past five years, NextEra Energy has generated a dividend CAGR of 10.74%, demonstrating its commitment to rewarding shareholders.
The company’s shares have performed well year to date, with shares up 19.7%. However, its price fell about 5% this week after the company released its adjusted earnings forecast for fiscal 2027, slightly below analyst estimates. NextEra Energy reaffirmed its adjusted EPS outlook through 2026 and set 2027 adjusted EPS of $3.85 to $4.32 per share, compared to the FactSet analyst consensus of $4.35 per share.
Today’s Analyst Ratings for NextEra Energy
According to BenzingaPro According to the data, three analysts raised their price targets for NextEra Energy today in light of the company’s recent guidance and long-term growth prospects.
BMO Capital increased its price target from $78 to $79, maintaining an “Outperform” rating. Evercore ISI Group raised its price target from $70 to $75, maintaining an “In-Line” rating. RBC Capital also increased its price target from $74 to $84, reiterating an “outperform” rating.
Two other analysts maintained their price targets, with Wells Fargo reaffirming its “overweight” rating and $95 price target. However, Mizuho lowered the stock’s rating from “Buy” to “Neutral,” while keeping its $71 price target unchanged.
The average price target from today’s analyst stocks stands at $80.80, implying 11.27% upside potential from the current price of $72.62. This suggests that despite the recent pullback, analysts remain optimistic about NextEra Energy’s long-term prospects.
NextEra Energy as a long-term revenue play
NextEra Energy’s commitment to dividend growth, coupled with its strong position in the clean energy sector, makes it an attractive option for investors seeking both income and potential capital appreciation. The company’s latest earnings release highlights its strong performance, with strong growth in its renewable energy business and stable results from its regulated utility operations.
While the market may react to fluctuations in short-term forecasts, long-term investors should focus on NextEra Energy’s proven track record of consistently increasing dividends and its leadership in the growing energy space. clean. With a current dividend yield of 2.83% and a payout ratio of 59%, NextEra Energy appears well-positioned to continue its impressive streak of 28 consecutive years of dividend growth.
As always, investors should conduct due diligence and consider their individual investment objectives and risk tolerance before making any investment decisions. However, for those looking for a reliable dividend growth stock with exposure to the promising clean energy sector, NextEra Energy is certainly worth a closer look, especially given recent analyst endorsements.
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