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Stock Update: NextEra Energy Inc (NYSE:NEE) – NextEra Energy named No. 1 in its industry on Fortune’s 2016 list of ‘World’s Most Admired Companies’

[PR Newswire] – “It’s an honor to once again be recognized as one of the world’s premier companies,” said Jim Robo, chairman and chief executive officer of NextEra Energy. Outstanding customer value – More than 4.8 million homes and businesses in Florida benefit from Florida Power & Light Company’s award-winning service, which is ranked among the cleanest and most reliable in the nation with a price that’s among the lowest. Read more on this. NextEra Energy, Inc. (NEE) , with a current value of $52.85B, opened this morning at $114.50. Looking at the stock , its one day range is $113.60 to $115.45 and has traded between $93.74 and $115.95 over the past 12 months. NextEra (NEE) shares are currently priced at 18.59x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 11.76x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $3.48 per share annually in dividends, yielding 3.10%. In a review of the consensus earnings estimate this quarter, 10 sell-side analysts are looking at $1.33 per share, which would be $0.08 worse than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $6.15 which would be a $0.44 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $4.10 Billion. If reported, that would be a 0.00% decrease over the year-ago quarter. Recently, Robert W. Baird upgraded NEE from Neutral to Outperform (Jan 29, 2016). Previously, Scotia Howard Weil Initiated NEE at to Sector Outperform. The average price target for NEE shares by the analysts covering the stock is $120.89, which is 5.58% above where the stock opened this morning. See more in (NYSE:NEE) Similar Articles: Stock Update: NextEra Energy Inc (NYSE:NEE) – NextEra Energy board declares quarterly dividend Stock Update: NextEra Energy Inc (NYSE:NEE) – NextEra Energy and NextEra Energy Partners to participate in EEI Financial Conference Stock Update: NextEra Energy Inc (NYSE:NEE) – NextEra Energy and NextEra Energy Partners to present at the 2015 Barclays CEO Energy-Power Conference
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