NextEra Energy EVP Sells 10,826 Shares for $920K as Institutions Add Stakes
NextEra Energy EVP Ronald Reagan sold 10,826 shares at an average price of $85.00, realizing $920,210 and reducing his stake by 40.9% to 15,643 shares valued at $1.33 million. Meanwhile, BLB&B Advisors added 7,768 shares and Commerzbank Aktiengesellschaft FI increased its holding by 18.6% to 86,369 shares worth $6.52 million.
1. Executive Vice President Ronald Reagan Reduces Stake
On January 22, NextEra Energy EVP Ronald R. Reagan executed a sale of 10,826 shares of company stock, reducing his position by 40.9%. The transaction generated total proceeds of $920,210, and after the sale he retains direct ownership of 15,643 shares, valued at approximately $1.33 million according to the most recent SEC filing.
2. Key Financial and Balance Sheet Metrics
NextEra Energy reports a market capitalization of $176.7 billion, a price-to-earnings ratio of 27.02 and a price/earnings-to-growth ratio of 2.63. The company carries a debt-to-equity ratio of 1.30, a current ratio of 0.55 and a quick ratio of 0.45. Its one-year trading range spans from $61.72 to $87.53 per share, and the stock’s beta stands at 0.74.
3. Recent Quarterly Results and Outlook
For the quarter ended October 28, NextEra Energy reported earnings per share of $1.13, beating consensus estimates by $0.09. Revenues reached $7.97 billion, marking a 5.3% year-over-year increase but falling short of the $8.13 billion analyst consensus. Net margin and return on equity were 24.72% and 12.42%, respectively. Analysts project full-year EPS of 3.68.
4. Analyst Consensus and Ratings Distribution
Among sell-side analysts covering NextEra Energy, two maintain a Strong Buy rating, twelve a Buy rating and four a Hold rating, resulting in a consensus view of Moderate Buy. Recent research actions include an equal-weight reassessment by Barclays and an overweight reaffirmation by JPMorgan, reflecting divergent near-term expectations across major brokerages.