Lumen Technologies Inc vs NextEra Energy, Inc. — how do they compare? Lumen Technologies Inc trades at $6.76 (market cap $6.47B), while NextEra Energy, Inc. trades at $88 (market cap $183.53B). The key difference: NextEra Energy, Inc. is far larger — about 28.4× Lumen Technologies Inc's market cap, and NextEra Energy, Inc. pays a 2.83% dividend while Lumen Technologies Inc pays none. Which is the better fit depends on your goals.
| LUMN | NEE | |
|---|---|---|
Market Cap | $6.47B | $183.53B |
Sector | Media | Utilities |
52-Week High | $11.83 | $97.88 |
52-Week Low | $3.70 | $69.77 |
Enterprise Value | $18.10B | $285.94B |
Dividend Yield | — | 2.83% |
Trailing returns across standard periods
With 450,000 route miles of fiber, including over 35,000 route miles of subsea fiber connecting Europe, Asia, and Latin America, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 further shifted the company's operations toward businesses (over 70% of revenue) and away from its legacy consumer business. Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.
Read more on LUMN →NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
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