3. As of noon trading, NextEra Energy ( NEE) is down $0.45 (-0.7%) to $69.16 on light volume Thus far, 412,660 shares of NextEra Energy exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $69.03-$69.69 after having opened the day at $69.60 as compared to the previous trading day's close of $69.61. NextEra Energy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy in the United States and Canada. The company is involved in the generation of renewable energy from wind and solar projects. NextEra Energy has a market cap of $29.5 billion and is part of the utilities industry. The company has a P/E ratio of 13.6, below the S&P 500 P/E ratio of 17.7. Shares are up 14.3% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate NextEra Energy a buy, no analysts rate it a sell, and 6 rate it a hold. TheStreet Ratings rates NextEra Energy as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full NextEra Energy Ratings Report now.
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