Stock Scorecard



Stock Summary for NextEra Energy Partners LP (NEP) - $29.19 as of 4/26/2024 3:32:46 PM EST

Total Score

12 out of 29

Currently on the following lists
None
Tim's Recommendation
Avoid

Growth List Algorithm Criteria for NEP

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for NEP

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for NEP

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2

Bonus Criteria for NEP

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Latest News for for NEP

Catalyst Watch: This Beaten-Down, High-Yield Dividend Stock Is Working on a Long-Term Solution to Its Biggest Issue 4/27/2024 1:36:00 PM
These 3 High-Yield Dividend Stocks Are Set to Soar in 2024 and Beyond 4/25/2024 10:06:00 AM
This Ultra-High-Yield Dividend Stock Continues to Grow Despite its Challenges 4/24/2024 12:33:00 PM
Why NextEra Energy Partners Stock Popped 8.8% Today 4/23/2024 7:47:00 PM
NextEra Energy ( NEE ) Q1 2024 Earnings Call Transcript 4/23/2024 5:30:00 PM
NextEra Energy Partners ( NEP ) Q1 2024 Earnings Call Transcript 4/23/2024 5:30:00 PM
NextEra Energy Partners ( NEP ) Q1 Earnings Beat Estimates 4/23/2024 1:49:00 PM
NextEra Energy Partners ( NEP ) Tops Q1 Earnings Estimates 4/23/2024 12:45:00 PM
NextEra Energy first-quarter 2024 financial results available on company's website 4/23/2024 11:30:00 AM
This High-Yield Stock's More Conservative Approach Could Pay Big Dividends Down the Road 4/23/2024 10:05:00 AM

Financial Details for NEP

Company Overview

Ticker NEP
Company Name NextEra Energy Partners LP
Country USA
Description NextEra Energy Partners, LP acquires, owns and manages contracted clean energy projects in the United States. The company is headquartered in Juno Beach, Florida.
Sector Name ENERGY & TRANSPORTATION
Industry Name ELECTRIC SERVICES
Most Recent Quarter 3/31/2024
Next Earnings Date 7/23/2024

Stock Price History

Last Day Price 29.19
Last Day Price Updated 4/26/2024 3:32:46 PM EST
Last Day Volume 0
Average Daily Volume 1,404,207
52-Week High 59.21
52-Week Low 19.00
Last Price to 52 Week Low 53.63%

Valuation Measures

Trailing PE 22.45
Industry PE 26.29
Sector PE 26.28
5-Year Average PE 10.74
Free Cash Flow Ratio 11.14
Industry Free Cash Flow Ratio 137.29
Sector Free Cash Flow Ratio 115.46
Current Ratio Most Recent Quarter 1.36
Total Cash Per Share 2.62
Book Value Per Share Most Recent Quarter 38.03
Price to Book Ratio 0.72
Industry Price to Book Ratio 1.73
Sector Price to Book Ratio 2.93
Price to Sales Ratio Twelve Trailing Months 2.39
Industry Price to Sales Ratio Twelve Trailing Months 1.71
Sector Price to Sales Ratio Twelve Trailing Months 5.32

Share Statistics

Total Shares Outstanding 93,539,000
Market Capitalization 2,730,403,410
Institutional Ownership N/A

Dividends

Ex-Dividend Date 2/5/2024
Last Dividend Amount 0.87
Current Dividend Amount 0.88
Dividend Aristocrat? False
Trailing Annual Dividend Rate 3.44
Trailing Annual Dividend Yield 11.90%
Forward Annual Dividend Rate 3.94
Forward Annual Dividend Yield 13.63%
5-Year Dividend Payments Count 20
3-Year Average Dividend Yield 6.15%
5-Year Average Dividend Yield 5.11%
1-Year Dividend Growth Rate Percentage 12.93%
3-Year Dividend Growth Rate Percentage 13.96%
5-Year Dividend Growth Rate Percentage 14.46%
All-Time Dividend Growth Rate Percentage 37.88%
Dividend Payout Ratio 1,012.94%

Income Statement

Quarterly Earnings Growth YOY 205.10%
Annual Earnings Growth -58.07%
Reported EPS 12 Trailing Months 1.32
Reported EPS Past Year 0.75
Reported EPS Prior Year 2.13
Net Income Twelve Trailing Months 284,000,000
Net Income Past Year 200,000,000
Net Income Prior Year 477,000,000
Quarterly Revenue Growth YOY 4.90%
5-Year Revenue Growth 6.93%

Balance Sheet

Total Cash Most Recent Quarter 245,000,000
Total Cash Past Year 274,000,000
Total Cash Prior Year 235,000,000
Net Cash Position Most Recent Quarter -4,697,000,000
Net Cash Position Past Year -6,015,000,000
Long Term Debt Past Year 6,289,000,000
Long Term Debt Prior Year 5,288,000,000
Total Debt Most Recent Quarter 4,942,000,000
Equity to Debt Ratio Past Year 0.69
Equity to Debt Ratio Most Recent Quarter 0.74
Total Stockholder Equity Past Year 14,057,000,000
Total Stockholder Equity Prior Year 14,772,000,000
Total Stockholder Equity Most Recent Quarter 13,978,000,000

Options

Put/Call Ratio 0.36
Has Options Options Chain
Liquidity Rating

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD -0.10
MACD Signal -0.13
20-Day Bollinger Lower Band 26.25
20-Day Bollinger Middle Band 28.41
20-Day Bollinger Upper Band 30.58
Beta 1.00
RSI 55.97
50-Day SMA 36.52
200-Day SMA 56.34

System

Modified 4/27/2024 6:47:15 AM EST