Nextera Energy Stock Fair Value – NextEra Energy Shares Drop 0.64% Despite Dismal Trading Session for Stock Market

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NEXTERA ($NYSE:NEE): On Wednesday, NextEra Energy Inc. experienced a decline in stock value, as their shares dropped 0.64% to $73.44. This downturn was unfortunately in line with the overall performance of the stock market, as the S&P 500 had a dismal trading session. In addition to its electricity services, NextEra Energy also provides gas and oil services, as well as energy storage and transmission solutions.

Analysis – Nextera Energy Stock Fair Value

At GoodWhale, we have had an in-depth look into the fundamentals of NEXTERA ENERGY. Our proprietary Valuation Line has calculated that the fair value of NEXTERA ENERGY shares is around $101.7. However, at present, NEXTERA ENERGY shares are priced at $72.8, undervalued by 28.4%. This presents an opportunity for investors to buy a quality stock at a discounted rate. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Nextera Energy. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Nextera Energy. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Nextera Energy. More…

Key Ratios Snapshot

Some of the financial key ratios for Nextera Energy are shown below. More…

Peers

NextEra Energy Inc is one of the largest electric utility companies in the United States, with operations in 27 states and Canada. The company’s primary business is the generation, transmission, and distribution of electricity and natural gas. NextEra Energy also owns and operates a number of other businesses, including a renewable energy development company and a nuclear power plant. The company’s competitors include Southern Co, NextEra Energy Partners LP, Consolidated Edison Inc, and a number of other large electric utility companies.

– Southern Co ($NYSE:SO)

The Southern Company is an American electric utility holding company headquartered in Atlanta, Georgia. As of December 31, 2020, it had approximately 4.5 million customers and more than 46,000 megawatts of generating capacity. The company’s generation portfolio includes nuclear, coal-fired, oil- and natural gas-fired, and renewable energy sources.

– NextEra Energy Partners LP ($NYSE:NEP)

NextEra Energy Partners LP is a publicly traded limited partnership formed by NextEra Energy, Inc. (NYSE: NEE), a leading clean energy company with operations and investments in 27 states and Canada as of December 31, 2020. Headquartered in Juno Beach, Florida, NextEra Energy Partners is one of the largest wholesale generators of renewable energy from the sun and wind in the United States.

– Consolidated Edison Inc ($NYSE:ED)

Consolidated Edison Inc is a large electric utility company that serves the New York City area. The company has a market capitalization of over $31 billion and a return on equity of 8.28%. Consolidated Edison is one of the largest electric utilities in the United States and provides power to over 3 million customers in New York City and Westchester County. The company is also one of the largest gas utilities in the United States, serving over 1 million customers in New York City.

Summary

On Wednesday, shares of NextEra Energy Inc. decreased 0.64% to a close of $73.44. This decline in share price serves as a reminder of the importance of investing analysis when evaluating potential investments. Investors should look into the company’s overall financial performance, its competitive advantages, and its long-term growth potential before committing capital.

Additionally, investors should consider any macroeconomic factors that could adversely affect the company or sector in which it operates. Taking these steps can help make sure that any investment decisions are well-informed and likely to yield desirable long-term returns.