NextEra Energy FY2028 Earnings Forecast Decreased by KeyCorp

NextEra Energy, Inc. (NYSE:NEE) – Analysts at KeyCorp cut their FY2028 earnings estimates for NextEra Energy in a research report issued on Monday, October 12th. KeyCorp analyst S. Karp now expects that the utilities provider will post earnings per share of $4.70 for the year, down from their prior forecast of $4.73. The consensus estimate for NextEra Energy’s current full-year earnings is $4.03 per share.

Other analysts have also issued research reports about the company. Scotiabank lowered their target price on NextEra Energy from $110.00 to $99.00 and set an “outperform” rating on the stock in a report on Wednesday, September 30th. Barclays set a $91.00 target price on NextEra Energy and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. Jefferies Financial Group reaffirmed a “hold” rating on shares of NextEra Energy in a research note on Thursday, October 8th. Seaport Research Partners restated a “sell” rating and issued a $56.00 price objective (up from $55.00) on shares of NextEra Energy in a research report on Friday, October 2nd. Finally, HC Wainwright reiterated a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $99.65.

NextEra Energy Trading Up 0.2%

NextEra Energy stock opened at $78.41 on Thursday. NextEra Energy has a 52 week low of $74.41 and a 52 week high of $98.75. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The firm has a market capitalization of $163.57 billion, a PE ratio of 17.62, a PEG ratio of 2.41 and a beta of 0.64. The business’s 50-day simple moving average is $81.34 and its 200-day simple moving average is $86.76.

NextEra Energy (NYSE:NEE) last posted its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. NextEra Energy’s revenue was up 12.4% compared to the same quarter last year. During the same period last year, the business posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS.

NextEra Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th were given a dividend of $0.6232 per share. The ex-dividend date of this dividend was Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 3.2%. NextEra Energy’s dividend payout ratio is currently 55.96%.

Institutional Investors Weigh In On NextEra Energy

Institutional investors have recently bought and sold shares of the company. Legal & General Group Plc bought a new stake in shares of NextEra Energy during the 2nd quarter worth approximately $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in NextEra Energy by 5.8% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,302,084 shares of the utilities provider’s stock valued at $1,430,834,000 after purchasing an additional 895,824 shares during the period. Amundi grew its stake in shares of NextEra Energy by 46.5% in the second quarter. Amundi now owns 13,329,077 shares of the utilities provider’s stock valued at $1,169,839,000 after acquiring an additional 4,231,814 shares in the last quarter. Bessemer Group Inc. raised its position in shares of NextEra Energy by 8.5% in the first quarter. Bessemer Group Inc. now owns 10,187,013 shares of the utilities provider’s stock valued at $946,169,000 after buying an additional 799,546 shares in the last quarter. Finally, Pictet Asset Management Holding SA lifted its position in shares of NextEra Energy by 4.3% during the 1st quarter. Pictet Asset Management Holding SA now owns 9,648,920 shares of the utilities provider’s stock valued at $896,185,000 after acquiring an additional 394,898 shares during the period. Institutional investors own 78.72% of the company’s stock.

NextEra Energy News Roundup

Here are the key news stories impacting NextEra Energy this week:

• Positive Sentiment: Large AI-energy project strengthens long-term growth prospects. NextEra and Brookfield plan to develop a roughly $100 billion AI hub in Kentucky, including a 1.8-GW data-center campus, 2 GW of gas-fired generation and 2.6 GW of battery storage. The project could create substantial future demand for NextEra’s power-generation, storage and infrastructure capabilities. Brookfield, NextEra to Build $100 Billion AI Hub on Cold War Nuclear Site
• Positive Sentiment: Earnings expectations remain constructive. Zacks highlighted NextEra’s history of exceeding estimates and identified conditions that could support another quarterly earnings beat. KeyCorp also raised its fourth-quarter 2026 EPS forecast to $0.49 from $0.44, while Wells Fargo reiterated a Buy rating with a $108 price target. Will NextEra Beat Estimates Again? NextEra Receives a Buy from Wells Fargo
• Positive Sentiment: Dividend growth remains an appeal. NextEra has raised its dividend for 31 consecutive years, and its earnings outlook could support continued increases, reinforcing the stock’s attraction to income-oriented investors. This Utility Has Raised Its Dividend for 31 Straight Years
• Neutral Sentiment: Governance settlement removes a legal overhang but adds oversight. A proposed $15.5 million insurance-funded settlement in shareholder litigation includes governance reforms lasting at least four years. The resolution may improve investor confidence, though the reforms could increase scrutiny of management. Why NextEra Energy Is Getting Attention
• Negative Sentiment: Higher rates remain a valuation risk. Morgan Stanley identified NextEra among clean-tech companies vulnerable to further valuation pressure as interest rates rise, an important concern for a capital-intensive utility with significant financing needs. Clean Tech Firms Facing Q3 Valuation Impact on Higher Rates
• Negative Sentiment: Analyst estimate revisions are mixed. KeyCorp lowered its 2026 EPS forecast to $3.96 from $4.02 and trimmed estimates for 2027, 2029 and 2030, while reducing its third-quarter forecast to $1.23 from $1.34. These cuts temper the otherwise positive earnings-beat narrative.

About NextEra Energy

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), the company generates, transmits, distributes and sells electricity to customers across Florida. FPL serves residential, commercial and industrial customers and operates a diverse generation portfolio that includes natural gas, solar, nuclear and other resources.

NextEra Energy’s other major business, NextEra Energy Resources, develops, owns and operates energy projects in the United States and Canada.