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NASDAQ:CEG

Constellation Energy (CEG) Stock Price, News & Analysis

$273.72
+3.56 (+1.32%)
(As of 10/21/2024 ET)

About Constellation Energy Stock (NASDAQ:CEG)

Key Stats

Today's Range
$268.01
$274.12
50-Day Range
$173.11
$285.52
52-Week Range
$109.44
$288.75
Volume
1.65 million shs
Average Volume
2.99 million shs
Market Capitalization
$86.29 billion
P/E Ratio
36.45
Dividend Yield
0.52%
Price Target
$275.50
Consensus Rating
Moderate Buy

Company Overview

Constellation Energy Corporation generates and sells electricity in the United States. It operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. The company sells natural gas, energy-related products, and sustainable solutions. It has approximately 33,094 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland.

Constellation Energy Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
75th Percentile Overall Score

CEG MarketRank™: 

Constellation Energy scored higher than 75% of companies evaluated by MarketBeat, and ranked 94th out of 250 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Constellation Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 9 buy ratings, 7 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Constellation Energy has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Constellation Energy's stock forecast and price target.
  • Earnings Growth

    Earnings for Constellation Energy are expected to grow by 11.95% in the coming year, from $7.95 to $8.90 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Constellation Energy is 36.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.37.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Constellation Energy is 36.45, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.80.

  • Price to Earnings Growth Ratio

    Constellation Energy has a PEG Ratio of 1.31. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Constellation Energy has a P/B Ratio of 7.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Constellation Energy's valuation and earnings.
  • Percentage of Shares Shorted

    1.83% of the float of Constellation Energy has been sold short.
  • Short Interest Ratio / Days to Cover

    Constellation Energy has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Constellation Energy has recently decreased by 11.86%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Constellation Energy has a dividend yield of 0.53%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Constellation Energy does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Constellation Energy is 18.83%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Constellation Energy will have a dividend payout ratio of 15.84% next year. This indicates that Constellation Energy will be able to sustain or increase its dividend.

  • Read more about Constellation Energy's dividend.
  • Percentage of Shares Shorted

    1.83% of the float of Constellation Energy has been sold short.
  • Short Interest Ratio / Days to Cover

    Constellation Energy has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Constellation Energy has recently decreased by 11.86%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Constellation Energy has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Constellation Energy this week, compared to 4 articles on an average week.
  • Search Interest

    124 people have searched for CEG on MarketBeat in the last 30 days. This is an increase of 202% compared to the previous 30 days.
  • MarketBeat Follows

    59 people have added Constellation Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 127% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Constellation Energy insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.23% of the stock of Constellation Energy is held by insiders.

  • Percentage Held by Institutions

    82.24% of the stock of Constellation Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Constellation Energy's insider trading history.
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CEG Stock News Headlines

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2 Energy Stocks Fueling the AI Datacenter Boom
AI’s growth is driving massive power demand for data centers. Learn how Constellation and Talen Energy are powering this boom, providing clean energy solutions.
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If you missed it, my emergency election broadcast is now available - watch it before it's too late.
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Brookfield Renewable: Capitalize on the AI and Green Energy Boom (CEG)
Brookfield Renewable Partners L.P. (NYSE: BEP) owns renewable energy facilities and green energy assets. It's one of the largest renewable energy platforms.
Financial markets news icon
MarketBeat Week in Review – 9/23 - 9/27 (CEG)
Stocks had a mostly bullish week as stimulus efforts in the U.S. and China enhanced risk-on sentiment, but next week's jobs report could spark a larger rally
See More Headlines

CEG Stock Analysis - Frequently Asked Questions

Constellation Energy's stock was trading at $116.89 at the beginning of 2024. Since then, CEG stock has increased by 134.2% and is now trading at $273.72.
View the best growth stocks for 2024 here
.

Constellation Energy Co. (NASDAQ:CEG) announced its quarterly earnings data on Tuesday, August, 6th. The utilities provider reported $1.68 EPS for the quarter, missing analysts' consensus estimates of $1.72 by $0.04. The company's revenue for the quarter was up .5% compared to the same quarter last year.

Constellation Energy's top institutional shareholders include Swedbank AB (0.12%), Artemis Investment Management LLP (0.12%), Raymond James & Associates (0.04%) and Allspring Global Investments Holdings LLC (0.04%).
View institutional ownership trends
.

Shares of CEG 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Constellation Energy investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Humana (HUM), Advanced Micro Devices (AMD), American Water Works (AWK) and Salesforce (CRM).

Company Calendar

Last Earnings
8/06/2024
Ex-Dividend for 9/6 Dividend
8/12/2024
Dividend Payable
9/06/2024
Today
10/21/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Utilities
Current Symbol
NASDAQ:CEG
Fax
N/A
Employees
13,871
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$275.50
High Stock Price Target
$342.00
Low Stock Price Target
$189.00
Potential Upside/Downside
+2.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
16 Analysts

Profitability

Net Income
$1.62 billion
Pretax Margin
12.95%

Debt

Sales & Book Value

Annual Sales
$23.54 billion
Cash Flow
$13.34 per share
Book Value
$35.34 per share

Miscellaneous

Free Float
311,970,000
Market Cap
$85.16 billion
Optionable
Optionable
Beta
0.73
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This page (NASDAQ:CEG) was last updated on 10/21/2024 by MarketBeat.com Staff
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