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NYSE:CWEN

Clearway Energy (CWEN) Stock Price, News & Analysis

$29.16
+0.48 (+1.67%)
(As of 08/23/2024 08:51 PM ET)
Today's Range
$28.75
$29.34
50-Day Range
$24.11
$29.18
52-Week Range
$18.59
$29.34
Volume
555,300 shs
Average Volume
868,798 shs
Market Capitalization
$5.89 billion
P/E Ratio
44.18
Dividend Yield
5.69%
Price Target
$31.17

Clearway Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
6.9% Upside
$31.17 Price Target
Short Interest
Healthy
3.82% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.38mentions of Clearway Energy in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-24.32%
From $0.74 to $0.56 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.93 out of 5 stars

Oils/Energy Sector

206th out of 237 stocks

Electric Services Industry

41st out of 45 stocks

CWEN stock logo

About Clearway Energy Stock (NYSE:CWEN)

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. The company was formerly known as NRG Yield, Inc. and changed its name to Clearway Energy, Inc. in August 2018. Clearway Energy, Inc. was incorporated in 2012 and is based in Princeton, New Jersey. Clearway Energy, Inc. is a subsidiary of Clearway Energy Group LLC.

CWEN Stock Price History

CWEN Stock News Headlines

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Company Calendar

Ex-Dividend for 6/17 Dividend
6/03/2024
Dividend Payable
6/17/2024
Last Earnings
8/01/2024
Today
8/25/2024
Ex-Dividend for 9/16 Dividend
9/03/2024
Dividend Payable
9/16/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Utilities
Fax
N/A
Employees
60
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$31.17
High Stock Price Target
$37.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+6.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$79 million
Pretax Margin
-9.21%

Debt

Sales & Book Value

Annual Sales
$1.25 billion
Cash Flow
$4.14 per share
Book Value
$28.25 per share

Miscellaneous

Free Float
201,093,000
Market Cap
$5.89 billion
Optionable
Optionable
Beta
0.85
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CWEN Stock Analysis - Frequently Asked Questions

How have CWEN shares performed this year?

Clearway Energy's stock was trading at $27.43 at the beginning of the year. Since then, CWEN shares have increased by 6.3% and is now trading at $29.16.
View the best growth stocks for 2024 here
.

How were Clearway Energy's earnings last quarter?

Clearway Energy, Inc. (NYSE:CWEN) announced its quarterly earnings data on Thursday, August, 1st. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.66 by $0.23. The company's quarterly revenue was down 9.9% compared to the same quarter last year.

Who are Clearway Energy's major shareholders?

Top institutional investors of Clearway Energy include Tortoise Capital Advisors L.L.C. (1.37%), 1832 Asset Management L.P. (0.65%), Point72 Asset Management L.P. (0.50%) and Foresight Group Ltd Liability Partnership (0.31%). Insiders that own company stock include Se Totalenergies, Infrastructure Investor Global, Christopher S Sotos and E Stanley Oneal.
View institutional ownership trends
.

How do I buy shares of Clearway Energy?

Shares of CWEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Clearway Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Clearway Energy investors own include Pfizer (PFE), AbbVie (ABBV), AT&T (T), Enterprise Products Partners (EPD), Advanced Micro Devices (AMD), Abbott Laboratories (ABT) and CVS Health (CVS).

This page (NYSE:CWEN) was last updated on 8/26/2024 by MarketBeat.com Staff

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