NextEra Energy Partners, LP Common Units representing limited partner interests (NEP): Price and Financial Metrics


NextEra Energy Partners, LP Common Units representing limited partner interests (NEP): $65.29

-0.39 (-0.59%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: MLPs - Other


Ranked

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NEP POWR Grades


  • Quality is the dimension where NEP ranks best; there it ranks ahead of 76.64% of US stocks.
  • The strongest trend for NEP is in Momentum, which has been heading down over the past 200 days.
  • NEP's current lowest rank is in the Momentum metric (where it is better than 9.72% of US stocks).

NEP Stock Summary

  • Of note is the ratio of Nextera Energy Partners Lp's sales and general administrative expense to its total operating expenses; merely 0.34% of US stocks have a lower such ratio.
  • The ratio of debt to operating expenses for Nextera Energy Partners Lp is higher than it is for about 93.7% of US stocks.
  • In terms of twelve month growth in earnings before interest and taxes, Nextera Energy Partners Lp is reporting a growth rate of -122.19%; that's higher than merely 16.41% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Nextera Energy Partners Lp are CEPU, SID, BDN, PBF, and OMP.
  • NEP's SEC filings can be seen here. And to visit Nextera Energy Partners Lp's official web site, go to www.investor.nexteraenergypartners.com.

NEP Stock Price Chart Interactive Chart >

Price chart for NEP

NEP Price/Volume Stats

Current price $65.29 52-week high $88.29
Prev. close $65.68 52-week low $45.82
Day low $64.74 Volume 663,114
Day high $66.83 Avg. volume 730,757
50-day MA $71.96 Dividend yield 3.88%
200-day MA $68.39 Market Cap 4.96B

NextEra Energy Partners, LP Common Units representing limited partner interests (NEP) Company Bio


NextEra Energy Partners LP acquires, owns, and operates contracted clean energy projects. It owns interests in wind and solar projects in North America. The company was founded in 2014 and is based in Juno Beach, Florida.

NEP Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$65.29$98.62 32%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Nextera Energy Partners Lp. To summarize, we found that Nextera Energy Partners Lp ranked in the 61th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 33%. As for the metrics that stood out in our discounted cash flow analysis of Nextera Energy Partners Lp, consider:

  • The company's debt burden, as measured by earnings divided by interest payments, is 0.31; that's higher than just 18.85% of US stocks in the Utilities sector that have positive free cash flow.
  • Nextera Energy Partners Lp's weighted average cost of capital (WACC) is 12%; for context, that number is higher than 81.04% of tickers in our DCF set.
  • Nextera Energy Partners Lp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%30%
1%31%
2%32%
3%34%
4%35%
5%36%

For other companies in the Utilities that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as NEP, try AT, CWEN, BEP, AY, and CWCO.


NEP Latest News Stream


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Latest NEP News From Around the Web

Below are the latest news stories about Nextera Energy Partners Lp that investors may wish to consider to help them evaluate NEP as an investment opportunity.

Duke Energy's (DUK) Q1 Earnings Beat, Revenues Rise Y/Y

Duke Energy's (DUK) Q1 revenues total $6,150 million, missing the Zacks Consensus Estimate by 0.9%. The company reaffirms its 2021 earnings guidance.

Yahoo | May 10, 2021

PPL's Earnings Miss Estimates in Q1, Revenues Improve Y/Y

PPL's first-quarter earnings miss estimates. The utility plans to invest $2.1 billion in 2021.

Yahoo | May 6, 2021

Clearway Energy (CWEN) Q1 Earnings Beat Estimates, Sales Lag

Clearway Energy's (CWEN) first-quarter earnings surpass estimates. The company has taken adequate steps to maintain safe and reliable operation at its facilities.

Yahoo | May 6, 2021

The Zacks Analyst Blog Highlights: UnitedHealth, PayPal, NextEra Energy, Thermo Fisher Scientific and Anheuser-Busch InBev

The Zacks Analyst Blog Highlights: UnitedHealth, PayPal, NextEra Energy, Thermo Fisher Scientific and Anheuser-Busch InBev

Yahoo | May 6, 2021

3 Companies That Will Directly Benefit From an EV Boom

As electric vehicle (EV) sales rise around the world, there will be a number of industries that directly benefit from the change in energy consumption. Electricity consumption could rise, millions of EV chargers will be needed, and there will be a huge demand for raw materials. Travis Hoium (SunPower): Rooftop solar and electric vehicles aren't directly related, but they serve a similar customer base, and it's well known that EV owners are far more likely to have rooftop solar than the general population and vice versa.

Yahoo | May 5, 2021

Read More 'NEP' Stories Here

NEP Price Returns

1-mo -9.13%
3-mo -20.57%
6-mo 2.00%
1-year 40.02%
3-year 65.62%
5-year 174.59%
YTD -1.05%
2020 32.40%
2019 27.53%
2018 3.74%
2017 75.99%
2016 -10.35%

NEP Dividends

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Continue Researching NEP

Want to see what other sources are saying about NextEra Energy Partners LP's financials and stock price? Try the links below:

NextEra Energy Partners LP (NEP) Stock Price | Nasdaq
NextEra Energy Partners LP (NEP) Stock Quote, History and News - Yahoo Finance
NextEra Energy Partners LP (NEP) Stock Price and Basic Information | MarketWatch

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