How to buy NextEra Energy Partners stock - 20 April

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How to buy NextEra Energy Partners stock

Own NextEra Energy Partners stock in just a few minutes.

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. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for NextEra Energy Partners. Find the stock by name or ticker symbol: NEP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until NextEra Energy Partners reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of NextEra Energy Partners, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of NextEra Energy Partners. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

NextEra Energy Partners share price

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

NextEra Energy Partners shares at a glance

Information last updated 2021-04-16.
52-week rangeUSD$41.40 - USD$87.66
50-day moving average USD$72.28
200-day moving average USD$70.46
Wall St. target priceUSD$84.67
PE ratio N/A
Dividend yield USD$2.343 (3.16%)
Earnings per share (TTM) USD$-0.70

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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.

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 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 5.664. 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 USD$627 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 USD$917 million
Operating margin TTM 27.59%
Gross profit TTM USD$554 million
Return on assets TTM 1.27%
Return on equity TTM -3.22%
Profit margin -5.45%
Book value $31.01
Market capitalisation USD$5.6 billion

TTM: trailing 12 months

Shorting NextEra Energy Partners shares

There are currently 2.2 million NextEra Energy Partners shares held short by investors – that's known as NextEra Energy Partners's "short interest". This figure is 6.7% down from 2.4 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 563318.54636591). NextEra Energy Partners's SIR currently stands at 3.99. In other words for every 100,000 NextEra Energy Partners shares traded daily on the market, roughly 3990 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 0.0303% of the tradable shares (for every 100,000 tradable NextEra Energy Partners shares, roughly 30 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

We're not expecting NextEra Energy Partners to pay a dividend over the next 12 months.

NextEra Energy Partners share price volatility

Over the last 12 months, NextEra Energy Partners's shares have ranged in value from as little as $41.4006 up to $87.657. A popular way to gauge a stock's volatility is its "beta".

NEP.US volatility(beta: 0.72)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 0.7242. 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. .

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