Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy NextEra Energy Partners stock | $68.37

Learn how to easily invest in NextEra Energy Partners stock.

NextEra Energy Partners, LP
NYSE: NEP - USD
UTILITIES-RENEWABLE
$77.46
+$0.37 (+0.48%)

NextEra Energy Partners, LP is an utilities-renewable business based in the US. NextEra Energy Partners shares (NEP) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in NextEra Energy Partners

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – NEP – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

NextEra Energy Partners stock price (NYSE: NEP)

Use our graph to track the performance of NEP stocks over time.

NextEra Energy Partners shares at a glance

Information last updated 2021-07-23.
Latest market close$68.37
52-week range$52.98 - $86.89
50-day moving average $74.22
200-day moving average $74.29
Wall St. target price$83.94
PE ratio 14.3077
Dividend yield $2.425 (3.24%)
Earnings per share (TTM) $5.19

Buy NextEra Energy Partners shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
Get one free stock worth up to $1,000
Open an account
A free way to invest in stocks, ETFs and crypto.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $3.00 and $300 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
$0
Stocks, ETFs
N/A
$0 per month
Download and sign up with Public.com; approved accounts receive a free stock slice worth up to $70, selected from 9 popular stocks.
Open an account
Commission-free trading in stocks and ETFs with a social networking twist.
J.P. Morgan Self-Directed Investing
$0
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract
0%
N/A
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Robinhood
$0
Stocks, Options, ETFs
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Moomoo
$0 for US stocks
Stocks, Options, ETFs
$0
$0 per year
N/A
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy NextEra Energy Partners stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

NextEra Energy Partners price performance over time

Historical closes compared with the close of $68.37 from 2021-05-28

1 week (2021-07-18) N/A
1 month (2021-06-29) -8.77%
3 months (2021-04-29) -9.09%
6 months (2021-01-25) N/A
1 year (2020-07-25) N/A
2 years (2019-07-25) N/A
3 years (2018-07-25) N/A
5 years (2016-07-25) N/A

Is NextEra Energy Partners under- or over-valued?

Valuing NextEra Energy Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NextEra Energy Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

NextEra Energy Partners's P/E ratio

NextEra Energy Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, NextEra Energy Partners shares trade at around 14x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

NextEra Energy Partners's PEG ratio

NextEra Energy Partners's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.0229. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into NextEra Energy Partners's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

NextEra Energy Partners's EBITDA

NextEra Energy Partners's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $657 million.

The EBITDA is a measure of a NextEra Energy Partners's overall financial performance and is widely used to measure a its profitability.

NextEra Energy Partners financials

Revenue TTM $951 million
Operating margin TTM 29.65%
Gross profit TTM $554 million
Return on assets TTM 1.42%
Return on equity TTM 14.63%
Profit margin 39.12%
Book value $32.31
Market capitalisation $5.6 billion

TTM: trailing 12 months

Shorting NextEra Energy Partners shares

There are currently 2.5 million NextEra Energy Partners shares held short by investors – that's known as NextEra Energy Partners's "short interest". This figure is 16.8% up from 2.1 million last month.

There are a few different ways that this level of interest in shorting NextEra Energy Partners shares can be evaluated.

NextEra Energy Partners's "short interest ratio" (SIR)

NextEra Energy Partners's "short interest ratio" (SIR) is the quantity of NextEra Energy Partners shares currently shorted divided by the average quantity of NextEra Energy Partners shares traded daily (recently around 541665.79520697). NextEra Energy Partners's SIR currently stands at 4.59. In other words for every 100,000 NextEra Energy Partners shares traded daily on the market, roughly 4590 shares are currently held short.

However NextEra Energy Partners's short interest can also be evaluated against the total number of NextEra Energy Partners shares, or, against the total number of tradable NextEra Energy Partners shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case NextEra Energy Partners's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 NextEra Energy Partners shares in existence, roughly 30 shares are currently held short) or 0.0335% of the tradable shares (for every 100,000 tradable NextEra Energy Partners shares, roughly 34 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against NextEra Energy Partners.

Find out more about how you can short NextEra Energy Partners stock.

NextEra Energy Partners share dividends

49%

Dividend payout ratio: 48.89% of net profits

Recently NextEra Energy Partners has paid out, on average, around 48.89% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.41% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), NextEra Energy Partners shareholders could enjoy a 3.41% return on their shares, in the form of dividend payments. In NextEra Energy Partners's case, that would currently equate to about $2.425 per share.

While NextEra Energy Partners's payout ratio might seem fairly standard, it's worth remembering that NextEra Energy Partners may be investing much of the rest of its net profits in future growth.

NextEra Energy Partners's most recent dividend payout was on 13 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 4 May 2021 (the "ex-dividend date").

NextEra Energy Partners share price volatility

Over the last 12 months, NextEra Energy Partners's shares have ranged in value from as little as $52.9789 up to $86.8857. A popular way to gauge a stock's volatility is its "beta".

NEP.US volatility(beta: 0.74)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while NextEra Energy Partners's is 0.7399. This would suggest that NextEra Energy Partners's shares are less volatile than average (for this exchange).

NextEra Energy Partners overview

NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. The company owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida. .

Frequently asked questions

What percentage of NextEra Energy Partners is owned by insiders or institutions?
Currently 2.268% of NextEra Energy Partners shares are held by insiders and 84.783% by institutions.
When does the fiscal year end for NextEra Energy Partners?
NextEra Energy Partners's fiscal year ends in December.
Where is NextEra Energy Partners based?
NextEra Energy Partners's address is: 700 Universe Boulevard, Juno Beach, FL, United States, 33408
What is NextEra Energy Partners's ISIN number?
NextEra Energy Partners's international securities identification number is: US65341B1061
What is NextEra Energy Partners's CUSIP number?
NextEra Energy Partners's Committee on Uniform Securities Identification Procedures number is: 65341B106

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site