Clearway Energy (CWEN) Projected to Post Earnings on Wednesday

Clearway Energy (NYSE:CWEN - Get Free Report) is anticipated to announce its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of ($0.30) per share and revenue of $305.74 million for the quarter.

Clearway Energy (NYSE:CWEN - Get Free Report) last released its quarterly earnings data on Monday, February 24th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.10). The business had revenue of $256.00 million during the quarter, compared to analysts' expectations of $299.73 million. Clearway Energy had a net margin of 8.94% and a return on equity of 2.28%. On average, analysts expect Clearway Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Clearway Energy Trading Up 3.3 %

NYSE CWEN opened at $28.25 on Wednesday. Clearway Energy has a 1 year low of $22.69 and a 1 year high of $31.09. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.59 and a quick ratio of 1.49. The company has a market capitalization of $5.71 billion, a PE ratio of 27.17, a P/E/G ratio of 1.75 and a beta of 0.85. The company has a fifty day moving average of $28.44 and a 200 day moving average of $27.47.

Clearway Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a $0.4312 dividend. This represents a $1.72 annualized dividend and a dividend yield of 6.11%. The ex-dividend date was Monday, March 3rd. This is a boost from Clearway Energy's previous quarterly dividend of $0.42. Clearway Energy's payout ratio is 229.33%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Roth Mkm reiterated a "buy" rating and set a $34.00 price target (up from $33.00) on shares of Clearway Energy in a research report on Tuesday, February 25th. Deutsche Bank Aktiengesellschaft started coverage on shares of Clearway Energy in a research note on Tuesday, March 25th. They issued a "buy" rating and a $38.00 target price for the company. Finally, StockNews.com upgraded shares of Clearway Energy from a "sell" rating to a "hold" rating in a research report on Wednesday, March 5th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $34.71.

About Clearway Energy

Clearway Energy, Inc operates in the renewable energy business in the United States. The company operates through Conventional and Renewables segments. It has approximately 6,000 net MW of installed wind, solar, and energy generation projects; and approximately 2,500 net MW of natural gas-fired generation facilities.

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