NextEra Energy, Inc.'s Stock Analysis

NextEra Energy Maintains Earnings and Dividend Growth Expectations

NextEra Energy expects its adjusted earnings per share for 2025 to be between $3.62 and $3.70, and for 2026 to be between $3.92 and $4.02. The company anticipates a compound annual growth rate in adjusted earnings per share of at least 8% through 2032 and has set a long-term target for adjusted earnings per share growth of at least 8% through 2035. Additionally, NextEra Energy projects dividend growth of approximately 10% annually through 2026 and about 6% annually for 2027 and 2028.

The company’s management team will engage with investors in January 2026 to discuss these expectations, which are subject to various risks and uncertainties. These include regulatory changes, operational challenges, and market conditions that could impact NextEra Energy's financial performance. The board of directors retains discretion over dividend declarations, and the company notes that actual results may differ from these expectations due to unforeseen circumstances.

Jan 02, 2026 16:31:56

NextEra Energy Announces $4 Billion Equity Issuance Program

NextEra Energy, Inc. has entered into an Equity Distribution Agreement allowing for the sale of up to $4 billion in common stock. This agreement involves several financial institutions acting as agents for the potential issuance of shares over time.

The equity issuance program was announced during the company's December 2025 investor conference and will utilize the company's existing Registration Statement on Form S-3. The filing includes necessary documents related to this agreement as exhibits.

Dec 31, 2025 16:16:16

NextEra Energy Updates Earnings and Dividend Growth Expectations

NextEra Energy, Inc. has announced updated expectations for adjusted earnings per share, tightening the range for 2025 to between $3.62 and $3.70, and for 2026 to between $3.92 and $4.02. The company anticipates a compound annual growth rate of at least 8% in adjusted earnings per share through 2032, with a long-term growth target extending to 2035. Additionally, NextEra Energy expects dividends per share to grow by approximately 10% annually through 2026 and by about 6% for 2027 and 2028, based on the previous year's figures. These dividend declarations are subject to the discretion of the board of directors.

The company emphasized that its earnings and dividend expectations are contingent upon various factors, including market conditions, regulatory support, and operational performance. NextEra Energy's management utilizes adjusted earnings for internal financial planning and reporting. The announcement comes with cautionary notes regarding risks that could affect future results, including regulatory changes, market volatility, and operational challenges. Investors are advised to consider these factors as they may influence the company's financial performance and stock price.

Dec 08, 2025 08:16:44

NextEra Energy Issues $1.8 Billion in Mortgage Bonds

On December 5, 2025, Florida Power & Light Company, a subsidiary of NextEra Energy, completed the sale of $650 million in 4.70% First Mortgage Bonds maturing in 2036 and $1.15 billion in 5.60% First Mortgage Bonds maturing in 2066. The total amount raised from these bonds is $1.8 billion, which may impact the company's financial structure and liquidity.

The bonds were registered under the Securities Act of 1933 and are part of the company's ongoing financing strategy. The filing includes certain documents as exhibits related to this transaction, which may provide investors with additional insights into the company's financial activities.

Dec 05, 2025 16:05:04

NextEra Energy's Florida Rate Agreement Details and Financial Implications

The Florida Public Service Commission has approved a settlement agreement for Florida Power & Light Company (FPL) that establishes new retail base rates effective January 2026. This agreement is expected to increase annual retail base revenues by $945 million in 2026 and $705 million in 2027. Additionally, FPL is set to receive further rate increases linked to solar and battery storage projects entering service in the coming years, contingent upon demonstrating economic or reliability needs for these projects.

FPL's authorized regulatory return on equity is set at 10.95%, with provisions for adjustments if it falls below 9.95% or exceeds 11.95%. The agreement also includes mechanisms for recovering storm restoration costs and allows for adjustments in base rates in response to changes in corporate income tax laws. Furthermore, FPL is permitted to implement tariffs for large load customers, and parties opposed to the agreement have the right to appeal the FPSC's decision within 30 days.

Nov 20, 2025 16:49:08

NextEra Energy Subsidiary Issues €2.5 Billion in Debentures

NextEra Energy Capital Holdings, Inc., a subsidiary of NextEra Energy, issued €1.25 billion each of Series V and Series W Junior Subordinated Debentures, both due on May 15, 2056. The Series V Debentures carry an initial interest rate of 3.996% until May 15, 2031, with subsequent resets based on the Five-Year Swap Rate, while the Series W Debentures have an initial rate of 4.496% until May 15, 2034, also subject to future resets.

The Junior Subordinated Debentures are guaranteed on a subordinated basis by NextEra Energy Capital Holdings. The company has the option to redeem the Series V Debentures starting in 2031 and the Series W Debentures starting in 2034. These debentures were registered under the Securities Act of 1933, and the filing includes certain documents related to this issuance.

Nov 12, 2025 15:42:38

NextEra Energy Reports Third Quarter 2025 Financial Results

NextEra Energy, Inc. announced its third-quarter 2025 financial results, reporting a net income of $2.438 billion, or $1.18 per share, compared to $1.852 billion, or $0.90 per share, in the same quarter of 2024. The company's adjusted earnings were $2.348 billion, or $1.13 per share, representing a year-over-year increase of 9.7%. Florida Power & Light Company (FPL) also reported growth, with a net income of $1.463 billion, driven by approximately $2.5 billion in capital expenditures for the quarter. FPL's regulatory capital employed increased by about 8% year-over-year, and the company is pursuing a base rate settlement agreement aimed at maintaining low customer bills through 2029.

NextEra Energy Resources reported a net income of $1.275 billion, or $0.62 per share, for the third quarter, with an adjusted earnings increase to $1.102 billion, or $0.53 per share. The company added 3 gigawatts to its backlog, now totaling nearly 30 gigawatts. A notable collaboration with Google was announced, focusing on the recommissioning of the Duane Arnold Energy Center to support growing energy demands. This nuclear plant is expected to contribute significantly to adjusted earnings once operational. The company anticipates continued growth in adjusted earnings per share and dividends through at least 2026.

Oct 28, 2025 07:35:11

NextEra Energy Proposes Significant Rate Increases for 2026-2029

Florida Power & Light Company (FPL) has filed a joint motion with intervenor groups to approve a proposed rate agreement that would establish new retail base rates effective January 1, 2026. This agreement includes annualized retail base revenue increases of $945 million in 2026 and $705 million in 2027, as well as additional increases tied to solar generation and battery storage projects scheduled to come online in 2027 through 2029. The agreement also outlines mechanisms for rate stabilization and storm cost recovery, along with provisions for adjustments due to changes in corporate income tax laws.

The proposed agreement would authorize FPL to maintain a regulatory return on equity (ROE) of 10.95%, with a range of 9.95% to 11.95%. If the earned ROE falls below the minimum, FPL could seek retail base rate relief. The agreement is contingent upon approval by the Florida Public Service Commission (FPSC), and the parties involved have requested a ruling to implement the new rates by the start date. The FPSC's decision will also consider FPL's previously filed base rate proceeding.

Aug 20, 2025 16:18:13

NextEra Energy Completes $2 Billion Debenture Remarketing

On August 1, 2025, NextEra Energy Capital Holdings, Inc., a subsidiary of NextEra Energy, completed a remarketing of approximately $2.0 billion in Series M Debentures, which are guaranteed by NextEra Energy. These debentures, originally issued in September 2022, have had their interest rate reset to 4.685% per year, with interest payments scheduled for March 1 and September 1, starting September 1, 2025.

The remarketing was conducted under specific registration statements and is reported in a Current Report on Form 8-K. This event may have implications for investors, particularly regarding the company's debt structure and interest obligations moving forward.

Aug 01, 2025 14:39:35

NextEra Energy Reports Second Quarter 2025 Financial Results

NextEra Energy, Inc. reported a net income of $2.028 billion, or $0.98 per share, for the second quarter of 2025, reflecting an increase from $1.622 billion, or $0.79 per share, in the same quarter of 2024. Adjusted earnings were $2.164 billion, or $1.05 per share, compared to $1.968 billion, or $0.96 per share, year-over-year. The company highlighted the growth in regulatory capital employed by Florida Power & Light (FPL) by nearly 8% year-over-year, with capital expenditures for the quarter around $2 billion. FPL aims to maintain low customer bills while investing in reliable electricity infrastructure to support Florida's growing population.

NextEra Energy Resources also reported strong performance, achieving a net income of $983 million, or $0.48 per share, compared to $552 million, or $0.27 per share, in the prior-year quarter. The segment added 3.2 gigawatts of new renewables and storage to its backlog, totaling nearly 30 gigawatts. The company continues to expect adjusted earnings per share for 2025 to be in the range of $3.45 to $3.70, with dividend growth anticipated at around 10% per year through at least 2026.

Jul 23, 2025 07:36:59