Twenty research firms covering NextEra Energy have assigned the stock a consensus recommendation of Moderate Buy, according to MarketBeat. Of those firms, thirteen rate it as a Buy, three as Strong Buy and four as Hold. The average one-year price target among those issuing reports in the past year stands at ninety-one dollars and fifty cents, reflecting broad confidence in the company’s medium-term prospects.

Several major brokerages have recently revised their outlooks upward. JPMorgan Chase & Co. raised its price target from ninety-four dollars to ninety-seven dollars and maintained an Overweight designation. HSBC boosted its target from ninety-four dollars to ninety-five dollars, while Barclays moved its objective from eighty-four dollars to eighty-five dollars with an Equal Weight rating. Cowen initiated coverage with a Buy rating and an eighty-four-dollar target.

For the quarter ended October 28th, NextEra Energy reported earnings per share of 1.13, beating consensus estimates of 1.04 by nine cents. Revenue totaled 7.97 billion, slightly below the 8.13 billion consensus but up 5.3% year-over-year. Return on equity was a robust 12.4%, and net margin reached 24.7%. Analysts project full-year earnings per share of 3.68.

NextEra Energy paid a quarterly dividend representing a 2.7% yield and maintaining a payout ratio of 72.3%. On the insider front, CEO Armando Pimentel, Jr. sold 145,140 shares in mid-November, reducing his holdings by 47.2%. Institutional ownership remains high at 78.7%, with several asset managers increasing positions through the third quarter.