Nextra Energy NEE
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Nextra Energy (NEE) Business Model and Operations Summary
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 34 GW of generation capacity, including natural gas, nuclear, wind, and solar.
Key Insights
Nextra Energy (NEE) Core Market Data and Business Metrics
Latest Closing Price
$70.48Market Cap
$144.80 BillionPrice-Earnings Ratio
20.91Total Outstanding Shares
2.05 Billion SharesTotal Employees
16,800Dividend
$0.57 Per Share QuarterlyIPO Date
June 30, 1972SIC Description
Electric ServicesPrimary Exchange
New York Stock ExchangeHeadquarters
700 Universe Blvd, Juno Beach, FL, 33408
Historical Stock Splits
If you bought 1 share of NEE before March 16, 2005, you'd have 8 shares today.
| Execution Date | Split Amount |
|---|---|
| October 27, 2020 | 4-for-1 |
| March 16, 2005 | 2-for-1 |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 12,820,067 Shares | 3.27 | 3/14/2025 | 41,903,865 Shares |
| 11,298,908 Shares | 3.47 | 2/28/2025 | 39,190,492 Shares |
| 10,126,870 Shares | 3.61 | 2/14/2025 | 36,533,010 Shares |
| 13,697,862 Shares | 2.53 | 1/31/2025 | 34,656,986 Shares |
| 10,088,906 Shares | 3.49 | 1/15/2025 | 35,197,604 Shares |
| 9,668,701 Shares | 3.58 | 12/31/2024 | 34,605,682 Shares |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities, Continuing | $14.16 Billion |
| Net Cash Flow, Continuing | $-212 Million |
| Net Cash Flow From Financing Activities | $8.71 Billion |
| Net Cash Flow From Investing Activities, Continuing | $-23.07 Billion |
| Net Cash Flow From Investing Activities | $-23.07 Billion |
| Exchange Gains/Losses | $8 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Income/Loss | $5.74 Billion |
| Preferred Stock Dividends And Other Adjustments | $0 |
| Diluted Earnings Per Share | $3.37 |
| Diluted Average Shares | $2.07 Billion |
| Other Operating Expenses | $12.20 Billion |
| Income/Loss From Continuing Operations Before Tax | $6.08 Billion |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $97 Million |
| Comprehensive Income/Loss | $5.84 Billion |
| Comprehensive Income/Loss Attributable To Parent | $7.05 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $-1.21 Billion |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Equity | $59.54 Billion |
| Current Liabilities | $29.65 Billion |
| Fixed Assets | $134.31 Billion |
| Equity Attributable To Parent | $50.05 Billion |
| Redeemable Noncontrolling Interest | $0 |
| Assets | $186.01 Billion |
Historical Dividends
Current dividend: $0.57 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 14, 2025 | Mar 17, 2025 | Feb 28, 2025 | $0.5665 | Quarterly |
| Oct 18, 2024 | Dec 16, 2024 | Nov 22, 2024 | $0.515 | Quarterly |
| Jul 25, 2024 | Sep 16, 2024 | Aug 30, 2024 | $0.515 | Quarterly |
| May 23, 2024 | Jun 17, 2024 | Jun 3, 2024 | $0.515 | Quarterly |
| Feb 16, 2024 | Mar 15, 2024 | Feb 27, 2024 | $0.515 | Quarterly |
| Oct 12, 2023 | Dec 15, 2023 | Nov 24, 2023 | $0.4675 | Quarterly |