NextEra Energy Partners Stock (NYSE: NEP)

NextEra Energy Partners Stock (NYSE:NEP), Trade Ideas

NextEra Energy Partners

NextEra Energy Partners LP is formed to acquire, manage, and own contracted clean energy projects. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. Renewable energy assets consist of wind, solar, and solar-plus-storage projects and a stand-alone battery storage project, as well as contracted natural gas pipeline assets. Renewable energy sales generate maximum revenue for the company.

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NextEra Energy Partners, LP Common Units representing limited partner interests

NextEra Energy Partners LP

Nephros Inc

NEPI ROCKCASTLE PLC U/ADR by Nepi Rockcastle PLC

NEPI Rockcastle NV

NEPTUNE WELLNESS SLTN INC by Neptune Wellness Solutions Inc.

Neptune Wellness Solutions Inc

<p>Barclays  analyst Betty Jiang   initiates coverage on NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) with a Equal-Weight rating and announces Price Target of $32.</p>


Price Target

Initiation

Analyst Ratings

Barclays Initiates Coverage On NextEra Energy Partners with Equal-Weight Rating, Announces Price Target of $32

<p>Raymond James  analyst Pavel Molchanov   maintains NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) with a Outperform and lowers the price target from $50 to $45.</p>


Raymond James Maintains Outperform on NextEra Energy Partners, Lowers Price Target to $45

<p>Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEPT#NASDAQ">NEPT</a>), today announced an update on the status of its appeal against the determination of the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") to delist the Company's common shares ("Common Shares").</p>
<p>As previously disclosed, the Company had been notified by Nasdaq on November 30, 2023 that it was not in compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market (NASDAQ Listing Rule 5550(a)(2)), as the bid price for the Common Shares on Nasdaq closed below US$1.00 for 30 consecutive trading days and that it was not in compliance with the minimum stockholders' equity requirement (NASDAQ Listing Rule 5550(b)(1)), as the Company's stockholders' equity was below the minimum US$2.5 million required for continued listing. The Company submitted a request for a hearing to the to the Nasdaq Hearings Panel (the "Panel") to appeal the delisting determination.</p>
<p>The Panel hearing took place on February 29, 2024. On March 5, the Company received a written decision of the Panel pursuant to which the Panel upheld the delisting determination and denied the Company's requests for additional time to rectify the deficiencies. The Company has the right to request a review of the Panel Decision from the Nasdaq Listing Council within 15 days from the date of the Panel Decision.</p>
<p>The trading of the Company's Common Shares on Nasdaq will be suspended as of the opening of business on March 7, 2024. The Company is seeking to have its Common Shares quoted on the OTCQB&#xAE; Venture Market of the OTCMarkets.</p>


NEPT

Neptune Announces Decision Of Nasdaq Hearings Panel To Delist Common Shares

<p>Today, February 14, 2024, marks an important moment for investors of <b>NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>)</b>. The company will distribute a dividend payout of $0.88 per share, demonstrating an annualized dividend yield of 12.64%. Remember, only shareholders prior to the ex-dividend date on February 05, 2024 are eligible for this payout.</p>
<h3>NextEra Energy Partners Recent Dividend Payouts</h3>
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    </style><table>
<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-05</td>
<td style="text-align: right;">4</td>
<td>$0.88</td>
<td>12.64%</td>
<td>2024-01-24</td>
<td>2024-02-06</td>
<td>2024-02-14</td>
</tr>
<tr>
<td>2023-11-03</td>
<td style="text-align: right;">4</td>
<td>$0.87</td>
<td>15.48%</td>
<td>2023-10-24</td>
<td>2023-11-06</td>
<td>2023-11-14</td>
</tr>
<tr>
<td>2023-08-03</td>
<td style="text-align: right;">4</td>
<td>$0.85</td>
<td>5.82%</td>
<td>2023-07-24</td>
<td>2023-08-04</td>
<td>2023-08-14</td>
</tr>
<tr>
<td>2023-05-04</td>
<td style="text-align: right;">4</td>
<td>$0.84</td>
<td>5.28%</td>
<td>2023-04-24</td>
<td>2023-05-05</td>
<td>2023-05-15</td>
</tr>
<tr>
<td>2023-02-03</td>
<td style="text-align: right;">4</td>
<td>$0.81</td>
<td>4.32%</td>
<td>2023-01-25</td>
<td>2023-02-06</td>
<td>2023-02-14</td>
</tr>
<tr>
<td>2022-11-03</td>
<td style="text-align: right;">4</td>
<td>$0.79</td>
<td>4.54%</td>
<td>2022-10-24</td>
<td>2022-11-04</td>
<td>2022-11-14</td>
</tr>
<tr>
<td>2022-08-03</td>
<td style="text-align: right;">4</td>
<td>$0.76</td>
<td>4.15%</td>
<td>2022-07-22</td>
<td>2022-08-04</td>
<td>2022-08-12</td>
</tr>
<tr>
<td>2022-05-04</td>
<td style="text-align: right;">4</td>
<td>$0.73</td>
<td>3.94%</td>
<td>2022-04-20</td>
<td>2022-05-05</td>
<td>2022-05-12</td>
</tr>
<tr>
<td>2022-02-03</td>
<td style="text-align: right;">4</td>
<td>$0.71</td>
<td>3.89%</td>
<td>2022-01-25</td>
<td>2022-02-04</td>
<td>2022-02-14</td>
</tr>
<tr>
<td>2021-11-03</td>
<td style="text-align: right;">4</td>
<td>$0.69</td>
<td>3.44%</td>
<td>2021-10-20</td>
<td>2021-11-04</td>
<td>2021-11-12</td>
</tr>
<tr>
<td>2021-08-04</td>
<td style="text-align: right;">4</td>
<td>$0.66</td>
<td>3.55%</td>
<td>2021-07-23</td>
<td>2021-08-05</td>
<td>2021-08-13</td>
</tr>
<tr>
<td>2021-05-05</td>
<td style="text-align: right;">4</td>
<td>$0.64</td>
<td>3.56%</td>
<td>2021-04-21</td>
<td>2021-05-06</td>
<td>2021-05-14</td>
</tr>
</tbody>
</table>
<p>With the highest dividend yield among its industry peers, NextEra Energy Partners outshines <b>Atlantica Sustainable (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AY#NASDAQ">AY</a>)</b>, who have an annualized dividend yield of 9.59%.</p>
<h3>Analyzing NextEra Energy Partners Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1707923112_0.png" alt="dividend chart graph" /></p>
<p>From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $2.26 in 2020 to $3.38 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.</p>
<h3>YoY Earnings Growth For NextEra Energy Partners</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1707923112_1.png" alt="earning chart graph" /></p>
<p>From 2020 to 2023, NextEra Energy Partners experienced a growth in earnings per share, with an increase from $-1.44 to $1.33. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.</p>
<h3>Recap</h3>
<p>This article delves into the recent dividend payout of NextEra Energy Partners and its implications for shareholders. Presently, the company is distributing a dividend of $0.88 per share, leading to an annualized dividend yield of 12.64%.</p>
<p>With the highest dividend yield among its industry peers, NextEra Energy Partners outshines Atlantica Sustainable, who have an annualized dividend yield of 9.59%.</p>
<p>The upward trend in dividend per share and earnings per share for NextEra Energy Partners from 2020 to 2023 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.</p>
<p>To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.</p>
<p>[Click here](<a href="https://www.benzinga.com/stock//dividends" title="https://www.benzinga.com/stock//dividends">https://www.benzinga.com/stock//dividends</a>) to find details on NextEra Energy Partners's previous dividends.</p>
<p>To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.  </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Dividends

Surpassing Expectations: NextEra Energy Partners Unleashes Growth Potential and Rewards Investors

WIIM

Companhia De Saneamento Basico Do Estado De Sao

Shares of utilities companies are trading lower amid a rise in Treasury yields, which could drive a rotation out of income-paying stocks.

<p>JP Morgan has decided to maintain its Neutral rating of NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) and raise its price target from $24.00 to $26.00.</p>
<p>Shares of NextEra Energy Partners are trading down 1.25% over the last 24 hours, at $28.84 per share.</p>
<p>A move to $26.00 would account for a 9.83% decline from the current share price.</p>
<h3>About NextEra Energy Partners</h3>
<p>NextEra Energy Partners LP is formed to acquire, manage and own contracted clean energy projects. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The renewable energy projects are fully contracted, use industry technology and are in regions that are favorable for generating energy from the wind and sun. Its natural gas pipelines in the portfolio are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in the Houston area. Renewable energy sales generate maximum revenue for the company.</p>
<h3>About Analyst Ratings</h3>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


JP Morgan Maintains Neutral Rating for NextEra Energy Partners: Here's What You Need To Know

<p>JP Morgan  analyst Christopher Turnure   maintains NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) with a Neutral and raises the price target from $24 to $26.</p>


JP Morgan Maintains Neutral on NextEra Energy Partners, Raises Price Target to $26

NextEra Energy Partners shares are trading higher after the company reported Q4 financial results.

Guidance

NextEra Energy Partners Continues To See 5% To 8% Growth Per Year In Limited Partner Distributions Per Unit, With Current Target Of 6% Growth Per Year

<p>NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) reported quarterly losses of $(0.35) per share which missed the analyst consensus estimate of $0.16 by 318.75 percent. This is decrease over earnings from&nbsp;continuing operations of $0.31 per share from the same period last year. The company reported quarterly sales of $232.00 million which missed the analyst consensus estimate of $343.45 million by 32.45 percent.&nbsp;&nbsp;</p>


Earnings

NextEra Energy Partners Q4 EPS From Continuing Operations $(0.35) Misses $0.16 Estimate, Sales $232.00M Miss $343.45M Estimate

<p><strong>NextEra Energy Partners</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) is set to give its latest quarterly earnings report on Thursday, 2024-01-25. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that NextEra Energy Partners will report an <strong>earnings per share</strong> (EPS) of $0.16. </p>
<p>NextEra Energy Partners bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company beat EPS by $0.12, which was followed by a 0.7% increase in the share price the next day.</p>
<p>Here's a look at NextEra Energy Partners's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.45</td>
<td>0.68</td>
<td>0.39</td>
<td>0.54</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.57</td>
<td>0.53</td>
<td>-0.17</td>
<td>0.40</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>0.7%</td>
<td>0.21%</td>
<td>-6.33%</td>
<td>2.3%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1706108489_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of NextEra Energy Partners were trading at $27.85 as of January 23. Over the last 52-week period, shares are down 61.59%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/NEP/earnings"><strong>To track all earnings releases for NextEra Energy Partners visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Earnings Outlook For NextEra Energy Partners

<p>CIBC  analyst Mark Jarvi   downgrades NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) from Outperformer to Neutral and announces $35 price target.</p>


Downgrades

CIBC Downgrades NextEra Energy Partners to Neutral, Announces $35 Price Target

<p>Mizuho has decided to maintain its Buy rating of NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) and lower its price target from $40.00 to $33.00.</p>
<p>Shares of NextEra Energy Partners are trading down 0.04% over the last 24 hours, at $26.80 per share.</p>
<p>A move to $33.00 would account for a 23.13% increase from the current share price.</p>
<h3>About NextEra Energy Partners</h3>
<p>NextEra Energy Partners LP is formed to acquire, manage and own contracted clean energy projects. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The renewable energy projects are fully contracted, use industry technology and are in regions that are favorable for generating energy from the wind and sun. Its natural gas pipelines in the portfolio are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in the Houston area. Renewable energy sales generate maximum revenue for the company.</p>
<h3>About Analyst Ratings</h3>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Mizuho Maintains Buy Rating for NextEra Energy Partners: Here's What You Need To Know

<p>Mizuho  analyst Anthony Crowdell   maintains NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) with a Buy and lowers the price target from $40 to $33.</p>


Mizuho Maintains Buy on NextEra Energy Partners, Lowers Price Target to $33

<p>Within the last quarter, NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) has observed the following analyst ratings: </p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>These 11 analysts have an average price target of $37.86 versus the current price of NextEra Energy Partners at $25.38, implying  upside.</p>
<p>Below is a summary of how these 11 analysts rated NextEra Energy Partners over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock</p>
<p><img src="https://www.benzinga.com/files/images/story/2023/1701896407_0.png" alt="price target chart" /></p>
<p>This current average has decreased by 47.27% from the previous average price target of $71.80. </p>
<p><a href="https://www.benzinga.com/quote/NEP/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on NextEra Energy Partners analyst ratings.</strong></a></p>
<h1>What Are Analyst Ratings?</h1>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Expert Ratings for NextEra Energy Partners

<p>Guggenheim  analyst Shahriar Pourreza   maintains NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) with a Buy and lowers the price target from $42 to $37.</p>


Guggenheim Maintains Buy on NextEra Energy Partners, Lowers Price Target to $37

<p>By the close of today, December 06, 2023, <b>Ormat Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORA#NYSE">ORA</a>)</b> will issue a dividend payout of $0.12 per share, resulting in an annualized dividend yield of 0.75%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on November 21, 2023.</p>
<h3>Ormat Technologies Recent Dividend Payouts</h3>
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    </style><table>
<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-11-21</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.75%</td>
<td>2023-11-08</td>
<td>2023-11-22</td>
<td>2023-12-06</td>
</tr>
<tr>
<td>2023-08-15</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.59%</td>
<td>2023-08-02</td>
<td>2023-08-16</td>
<td>2023-08-30</td>
</tr>
<tr>
<td>2023-05-22</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.57%</td>
<td>2023-05-09</td>
<td>2023-05-23</td>
<td>2023-06-06</td>
</tr>
<tr>
<td>2023-03-07</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.54%</td>
<td>2023-02-22</td>
<td>2023-03-08</td>
<td>2023-03-22</td>
</tr>
<tr>
<td>2022-11-15</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.53%</td>
<td>2022-11-02</td>
<td>2022-11-16</td>
<td>2022-11-30</td>
</tr>
<tr>
<td>2022-08-16</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.55%</td>
<td>2022-08-03</td>
<td>2022-08-17</td>
<td>2022-08-31</td>
</tr>
<tr>
<td>2022-05-13</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.62%</td>
<td>2022-05-02</td>
<td>2022-05-16</td>
<td>2022-05-31</td>
</tr>
<tr>
<td>2022-03-08</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.74%</td>
<td>2022-02-23</td>
<td>2022-03-09</td>
<td>2022-03-23</td>
</tr>
<tr>
<td>2021-11-16</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.65%</td>
<td>2021-11-03</td>
<td>2021-11-17</td>
<td>2021-12-03</td>
</tr>
<tr>
<td>2021-08-17</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.67%</td>
<td>2021-08-04</td>
<td>2021-08-18</td>
<td>2021-09-01</td>
</tr>
<tr>
<td>2021-05-17</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.69%</td>
<td>2021-05-05</td>
<td>2021-05-18</td>
<td>2021-06-01</td>
</tr>
<tr>
<td>2021-03-10</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.46%</td>
<td>2021-02-24</td>
<td>2021-03-11</td>
<td>2021-03-29</td>
</tr>
</tbody>
</table>
<p>Ormat Technologies's dividend yield is on the lower end compared to its industry peers, with <b>NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>)</b> having a higher annualized dividend yield of 13.51%.</p>
<h3>Analyzing Ormat Technologies Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1701875108_0.png" alt="dividend chart graph" /></p>
<p>The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.44 to $0.48. This signifies the company's commitment to consistently increasing shareholder dividends.</p>
<h3>YoY Earnings Growth For Ormat Technologies</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1701875108_1.png" alt="earning chart graph" /></p>
<p>The earnings chart highlights a decrease in Ormat Technologies's earnings per share, declining from $1.73 in 2019 to $1.31 in 2022. This decline in earnings raises a red flag for income-seeking investors, as it suggests a potential decrease in the company's ability to generate cash for dividend payouts. It is essential to closely examine the factors behind this decrease and assess the long-term impact on dividend sustainability.</p>
<h3>Recap</h3>
<p>In this article, we delve into Ormat Technologies's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.12 per share today, resulting in an annualized dividend yield of 0.75%.</p>
<p>Ormat Technologies's dividend yield is on the lower end compared to its industry peers, with NextEra Energy Partners having a higher annualized dividend yield of 13.51%.</p>
<p>The rising dividend per share and declining earnings per share of Ormat Technologies from 2019 to 2022 indicate a deliberate choice to prioritize dividend distribution over earnings performance.</p>
<p>It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.</p>
<p>\To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.  </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Adapting to Market Pressures: Ormat Technologies Supports Investors amidst Changing Profits

AMPS

BEPC

CWEN

EVRG

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WTRG

Shares of utilities stocks are trading higher amid a drop in Treasury yields following softer-than-expected October CPI data.

<p>Analysts have provided the following ratings for NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) within the last quarter: </p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>In the last 3 months, 11 analysts have offered 12-month price targets for NextEra Energy Partners. The company has an average price target of $39.95 with a high of $65.00 and a low of $15.50. </p>
<p>Below is a summary of how these 11 analysts rated NextEra Energy Partners over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock</p>
<p><img src="https://www.benzinga.com/files/images/story/2023/1699560035_0.png" alt="price target chart" /></p>
<p>This current average represents a 46.81% decrease from the previous average price target of $75.11. </p>
<p><a href="https://www.benzinga.com/quote/NEP/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on NextEra Energy Partners analyst ratings.</strong></a></p>
<h1>What Are Analyst Ratings?</h1>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Analyst Ratings for NextEra Energy Partners

NextEra Energy Partners shares are trading lower after Seaport Global downgraded the stock from Neutral to Sell and announced a $15.5 price target.

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NextEra Energy Partners, LP announces date for release of fourth-quarter and full-year 2023 financial results

NextEra Energy announces date for release of fourth-quarter and full-year 2023 financial results

NextEra Energy fourth-quarter and full-year 2023 financial results available on company's website

NextEra Energy Partners, LP fourth-quarter and full-year 2023 financial results available on partnership's website

NextEra Energy and NextEra Energy Partners to meet with investors in early to mid-March

NextEra Energy announces date for release of first-quarter 2024 financial results

NextEra Energy Partners, LP announces date for release of first-quarter 2024 financial results

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