NextEra Energy (NEE)
Runs Florida's largest electric utility and develops energy infrastructure across North America.
Something off on this page? Send us feedback.
Pairs Florida Power & Light's rate-regulated electric utility with NextEra Energy Resources, which develops and operates contracted wind, solar, nuclear and natural-gas generation, battery storage and transmission across North America. Earnings span regulated rates and wholesale power contracts, while a proposed Dominion Energy merger remains subject to shareholder and regulatory approvals.
Combines Florida Power & Light, a rate-regulated utility serving most of Florida, with NextEra Energy Resources, a competitive energy and regulated transmission business across the United States and Canada. FPL generates, stores, transmits, distributes and sells electricity. NEER develops, builds and operates wind, solar, nuclear and natural-gas generation, battery storage and transmission assets, with most generation supported by long-term contracts.
Pairs a regulated utility's rate-base investment with a project-development platform, sharing an operating model intended to lower costs and create efficiencies. Results and capital deployment depend on Florida regulation, project permits and interconnections, equipment availability, contract performance, financing and clean-energy tax credits. A proposed merger with Dominion Energy would expand the regulated utility footprint, subject to shareholder and regulatory approvals.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 21, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $116 | Target: $114 |
| Jul 27, 2026 | Bernstein | Reiterate | Rating: —Target: $107 | Target: $108 |
| Jul 27, 2026 | BMO Capital | Reiterate | Rating: —Target: $94 | Target: $96 |
| Jul 27, 2026 | Mizuho Securities | Target | Target: $90 | Target: $95 |
| Jul 22, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $117 | Target: $116 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.87B · Total debt $110.20B · Total assets $232.81B · Shareholders' equity $57.13B
- Revenue
- $7.53B
- Operating income
- $2.24B
- Net income
- $3.14B
HistoryDividendAnnual yield
| Institutions | 85.47% | 1.78B shares | |
|---|---|---|---|
| 3,132 holders · as of Jun 30, 2026 | |||
| Insiders | 0.09% | 1.80M shares | |
| 26 holders · as of Aug 18, 2026 | |||
| Other | 14.44% | 301.30M shares | |
| remainder | |||
2.09B company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 8.96% | 186.84M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 6.53% | 136.21M | as of Jun 30, 2026 |
State Street CorpInstitution | 5.70% | 118.95M | as of Jun 30, 2026 |
JPMorgan Chase & CoInstitution | 5.56% | 116.05M | as of Jun 30, 2026 |
Morgan StanleyInstitution | 3.05% | 63.51M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 13, 2026 | Nicole J. Daggs | officer: EVP, Human Res & Corp Svcs | −4,934 | $93.00 |
| Mar 9, 2026 | Mark Lemasney | officer: EVP Power Generation Division | −3,845 | $90.27 |
| Mar 9, 2026 | Terrell Kirk II Crews | officer: EVP, Chief Risk Officer | −9,340 | $90.27 |
| Mar 9, 2026 | James Michael May | officer: Treasurer and Asst. Secretary | −7,161 | $90.27 |
| Feb 17, 2026 | Ronald R. Reagan | officer: EVP, Eng., Const. & ISC | −5,079 | $95.00 |
- Southern Company
SE utility that sold Gulf Power to NEE; Southern Power in wholesale renewables.
- Duke Energy
Largest US utility; NEE sought merger 2020; Commercial Renewables in 22 states.
- Constellation Energy
Largest US nuclear fleet; hyperscaler PPAs rival NEER in C&I clean power.
- AES
Global #1 corporate renewables PPA seller (BNEF); direct rival to NEER.
- Dominion Energy
Mid-Atlantic/SE regulated utility; won SCANA over NEE; leads US offshore wind.
- American Electric Power
US multi-state regulated utility; 29 GW fleet; $54B capital plan through 2029.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| NextEra Energy | $79.35 | −0.36% | $166.11B | 17.9 | 19.6 | 5.7 | +12.5% |
| Southern Company | $85.06 | −0.47% | $98.31B | 20.6 | 18.2 | 3.3 | +0.1% |
| Duke Energy | $116.27 | −0.40% | $91.01B | 17.5 | 17.2 | 2.7 | +1.1% |
| Constellation Energy | $262.30 | +0.07% | $94.12B | 25.5 | 21.1 | 3.0 | +23.0% |
| AES | $14.86 | +0.20% | $10.58B | 5.6 | 7.7 | 0.8 | +19.9% |
| Dominion Energy | $62.67 | −0.24% | $55.25B | 21.8 | 16.2 | 3.0 | +17.6% |
| American Electric Power | $119.39 | −0.53% | $65.34B | 20.8 | 18.0 | 2.9 | +7.0% |
| Median | 20.7 | 17.6 | 3.0 | +12.3% |