No. of Recommendations: 4
Just in passing, if the company used to be Florida Power and Light, the
outfit also has nuclear and gas-powered generation stations. I worked at
one of them for a project or two.

Howie52
Green is sometimes just a word - as in advertising for the masses.
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No. of Recommendations: 4
Just in passing, if the company used to be Florida Power and Light, the
outfit also has nuclear and gas-powered generation stations. I worked at
one of them for a project or two.

Howie52
Green is sometimes just a word - as in advertising for the masses.
Print the post Back To Top
No. of Recommendations: 2
Take a look see:

OK. But from an investment perspective, Nextera Energy is possibly as unattractive, at its current stock price, as anytime in the last 15 years.

The dividend yield is skimming the low end of its historical range in spite of the payout ratio increasing over the years.

Any idea that, at least on a P/E basis, that the stock is a good value is seen in a different light when you strip out the $6.26 non recurring cash gain that NEE booked in the first quarter. Short this onetime windfall the stock has rarely been more richly valued. The lofty valuation is fairly easy to support because this company has been anything if not consistent as per return on capital over the years, averaging about 7% in ROTC.

NEE has been a top performer in its industry which the current share price reflects. But, you get what you pay for, and rarely has buying a utility stock, other than on sale, produced market beating returns.

kelbon
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