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NYSE:CWEN

Clearway Energy (CWEN) Stock Price, News & Analysis

Clearway Energy logo
$29.49 -0.01 (-0.03%)
(As of 11/29/2024 ET)

About Clearway Energy Stock (NYSE:CWEN)

Key Stats

Today's Range
$29.38
$29.83
50-Day Range
$25.72
$30.75
52-Week Range
$20.63
$30.92
Volume
547,704 shs
Average Volume
920,111 shs
Market Capitalization
$5.96 billion
P/E Ratio
28.36
Dividend Yield
5.66%
Price Target
$33.13
Consensus Rating
Moderate Buy

Company Overview

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.

Clearway Energy Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
50th Percentile Overall Score

CWEN MarketRank™: 

Clearway Energy scored higher than 50% of companies evaluated by MarketBeat, and ranked 157th out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Clearway Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Clearway Energy has only been the subject of 3 research reports in the past 90 days.

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

    Earnings for Clearway Energy are expected to decrease by -44.87% in the coming year, from $0.78 to $0.43 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Clearway Energy is 28.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.09.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Clearway Energy is 28.36, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.09.

  • Price to Earnings Growth Ratio

    Clearway Energy has a PEG Ratio of 1.41. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Clearway Energy has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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

    2.73% of the float of Clearway Energy has been sold short.
  • Short Interest Ratio / Days to Cover

    Clearway Energy has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Clearway Energy has recently decreased by 8.23%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Clearway Energy is a leading dividend payer. It pays a dividend yield of 5.66%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

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

  • Dividend Coverage

    The dividend payout ratio of Clearway Energy is 162.50%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Clearway Energy will have a dividend payout ratio of 393.02% in the coming year. This indicates that Clearway Energy may not be able to sustain their current dividend.

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

    2.73% of the float of Clearway Energy has been sold short.
  • Short Interest Ratio / Days to Cover

    Clearway Energy has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Clearway Energy has recently decreased by 8.23%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Clearway Energy has a news sentiment score of 1.06. 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 0.81 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Clearway Energy this week, compared to 3 articles on an average week.
  • Search Interest

    Only 27 people have searched for CWEN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    Only 5 people have added Clearway Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -62% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    Only 0.52% of the stock of Clearway Energy is held by insiders.

  • Percentage Held by Institutions

    Only 38.03% of the stock of Clearway Energy is held by institutions.

  • Read more about Clearway Energy's insider trading history.
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CWEN Stock News Headlines

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Clearway Energy (NYSE:CWEN) Raised to "Hold" at StockNews.com
See More Headlines

CWEN Stock Analysis - Frequently Asked Questions

Clearway Energy's stock was trading at $27.43 on January 1st, 2024. Since then, CWEN stock has increased by 7.5% and is now trading at $29.49.
View the best growth stocks for 2024 here
.

Clearway Energy, Inc. (NYSE:CWEN) announced its quarterly earnings results on Wednesday, October, 30th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by $0.17. Clearway Energy's revenue for the quarter was up 31.0% on a year-over-year basis.

Top institutional investors of Clearway Energy include Foresight Group Ltd Liability Partnership (0.29%), Northwest & Ethical Investments L.P. (0.28%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.24%) and abrdn plc (0.23%). Insiders that own company stock include Se Totalenergies, Infrastructure Investor Global and Christopher S Sotos.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Clearway Energy investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), Humana (HUM), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

Ex-Dividend for 9/16 Dividend
9/03/2024
Dividend Payable
9/16/2024
Last Earnings
10/30/2024
Today
12/01/2024
Ex-Dividend for 12/16 Dividend
12/02/2024
Dividend Payable
12/16/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/27/2025

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
$33.13
High Stock Price Target
$37.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+12.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$79 million
Pretax Margin
-9.31%

Debt

Sales & Book Value

Annual Sales
$1.36 billion
Cash Flow
$3.97 per share
Book Value
$27.82 per share

Miscellaneous

Free Float
201,095,000
Market Cap
$5.96 billion
Optionable
Optionable
Beta
0.87
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This page (NYSE:CWEN) was last updated on 12/1/2024 by MarketBeat.com Staff
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