NextEra Energy (NEE) Competitors

$70.14
+1.29 (+1.87%)
(As of 05/3/2024 ET)

NEE vs. SO, AEP, D, DUK, NGG, SRE, EXC, PCG, EIX, and ETR

Should you be buying NextEra Energy stock or one of its competitors? The main competitors of NextEra Energy include Southern (SO), American Electric Power (AEP), Dominion Energy (D), Duke Energy (DUK), National Grid (NGG), Sempra (SRE), Exelon (EXC), PG&E (PCG), Edison International (EIX), and Entergy (ETR). These companies are all part of the "utilities" sector.

NextEra Energy vs.

NextEra Energy (NYSE:NEE) and Southern (NYSE:SO) are both large-cap utilities companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, community ranking, valuation, earnings, dividends, institutional ownership, media sentiment, risk and profitability.

NextEra Energy has higher revenue and earnings than Southern. NextEra Energy is trading at a lower price-to-earnings ratio than Southern, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NextEra Energy$27.13B5.31$7.31B$3.6719.11
Southern$25.25B3.29$3.98B$3.8719.60

NextEra Energy has a beta of 0.5, suggesting that its share price is 50% less volatile than the S&P 500. Comparatively, Southern has a beta of 0.48, suggesting that its share price is 52% less volatile than the S&P 500.

NextEra Energy currently has a consensus price target of $71.50, indicating a potential upside of 1.94%. Southern has a consensus price target of $74.71, indicating a potential downside of 1.50%. Given NextEra Energy's stronger consensus rating and higher possible upside, analysts clearly believe NextEra Energy is more favorable than Southern.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextEra Energy
1 Sell rating(s)
3 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.67
Southern
1 Sell rating(s)
5 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.54

In the previous week, Southern had 1 more articles in the media than NextEra Energy. MarketBeat recorded 28 mentions for Southern and 27 mentions for NextEra Energy. NextEra Energy's average media sentiment score of 0.96 beat Southern's score of 0.50 indicating that NextEra Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NextEra Energy
18 Very Positive mention(s)
5 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
2 Very Negative mention(s)
Positive
Southern
11 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

78.7% of NextEra Energy shares are held by institutional investors. Comparatively, 64.1% of Southern shares are held by institutional investors. 0.2% of NextEra Energy shares are held by company insiders. Comparatively, 0.2% of Southern shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

NextEra Energy has a net margin of 27.62% compared to Southern's net margin of 16.74%. Southern's return on equity of 12.11% beat NextEra Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
NextEra Energy27.62% 11.72% 3.81%
Southern 16.74%12.11%3.07%

NextEra Energy pays an annual dividend of $2.06 per share and has a dividend yield of 2.9%. Southern pays an annual dividend of $2.80 per share and has a dividend yield of 3.7%. NextEra Energy pays out 56.1% of its earnings in the form of a dividend. Southern pays out 72.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

NextEra Energy received 229 more outperform votes than Southern when rated by MarketBeat users. Likewise, 72.21% of users gave NextEra Energy an outperform vote while only 50.00% of users gave Southern an outperform vote.

CompanyUnderperformOutperform
NextEra EnergyOutperform Votes
756
72.21%
Underperform Votes
291
27.79%
SouthernOutperform Votes
527
50.00%
Underperform Votes
527
50.00%

Summary

NextEra Energy beats Southern on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NEE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NEE vs. The Competition

MetricNextEra EnergyElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$144.10B$13.01B$11.91B$17.42B
Dividend Yield3.06%4.79%4.18%3.57%
P/E Ratio19.1118.8078.4624.55
Price / Sales5.3125.7025.8411.14
Price / Cash11.187.5717.8417.52
Price / Book2.441.671.874.92
Net Income$7.31B$669.37M$590.60M$964.63M
7 Day Performance6.29%5.36%2.02%1.73%
1 Month Performance10.06%6.17%1.64%-1.32%
1 Year Performance-7.11%6.08%-1.78%101.87%

NextEra Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SO
Southern
4.8016 of 5 stars
$74.52
+0.8%
$74.36
-0.2%
+3.4%$81.57B$25.25B20.5328,100Earnings Report
Analyst Report
Insider Selling
News Coverage
AEP
American Electric Power
4.4325 of 5 stars
$87.05
+0.8%
$86.08
-1.1%
-2.5%$45.84B$19B20.4817,250Earnings Report
Analyst Report
D
Dominion Energy
4.7064 of 5 stars
$50.99
-0.5%
$49.10
-3.7%
-7.8%$42.71B$14.39B21.8817,700Earnings Report
Analyst Report
News Coverage
DUK
Duke Energy
4.3093 of 5 stars
$99.24
+0.3%
$100.62
+1.4%
+3.0%$76.56B$29.06B27.9527,037Upcoming Earnings
Analyst Revision
NGG
National Grid
0.2506 of 5 stars
$66.69
-0.2%
N/A-4.6%$49.61B$26.31B0.0031,275
SRE
Sempra
4.7419 of 5 stars
$72.00
-0.1%
$82.14
+14.1%
-4.4%$45.51B$16.72B15.0316,835Upcoming Earnings
EXC
Exelon
2.229 of 5 stars
$37.81
+0.1%
$38.92
+2.9%
-11.6%$37.79B$21.73B16.2319,962Dividend Announcement
Analyst Report
Analyst Revision
News Coverage
PCG
PG&E
2.4878 of 5 stars
$17.04
+0.2%
$18.89
+10.9%
+1.6%$36.41B$24.43B16.2328,010Insider Selling
EIX
Edison International
4.5396 of 5 stars
$70.93
+0.2%
$73.60
+3.8%
+0.9%$27.29B$16.34B22.7314,375Earnings Report
Analyst Report
ETR
Entergy
4.7746 of 5 stars
$107.42
+0.9%
$109.45
+1.9%
+2.9%$22.91B$12.15B9.6912,177

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This page (NYSE:NEE) was last updated on 5/4/2024 by MarketBeat.com Staff

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