Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Constellation Energy Corporation (CEG)
NASDAQ:CEG
RESEARCH TOOLSreports
Holding CEG?
Track your performance easily
CEG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$102.41 - $271.85
Previous Close$265.61
Volume3.23M
Average Volume (3M)3.51M
Market Cap
$83.05B
Enterprise Value$92.22B
Total Cash (Recent Filing)$311.00M
Total Debt (Recent Filing)$9.12B
Price to Earnings (P/E)35.4
Beta1.12
Next Earnings
Nov 05, 2024EPS Estimate
$2.6Last Dividend Ex-Date
Aug 12, 2024Dividend Yield0.52%
Share Statistics
EPS (TTM)7.50
Shares Outstanding312,689,080
10 Day Avg. Volume5,404,349
30 Day Avg. Volume3,506,578
Standard Deviation0.11
R-Squared0.12
Alpha0.05
Financial Highlights & Ratios
Price to Book (P/B)7.27
Price to Sales (P/S)3.45
Price to Cash Flow (P/CF)-33.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.75
Enterprise Value/Gross Profit28.53
Enterprise Value/Ebitda34.25
Forecast
1Y Price Target
$265.83Price Target Upside0.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Constellation Energy Corporation News
PremiumStock Analysis & Ideas
CEG vs. VST: Which Clean Energy Stock Is Better?
Bulls Say, Bears Say
Bulls Say
Earnings GrowthThe restart of Unit 1 at the Three Mile Island nuclear plant and a 20-year agreement with Microsoft is expected to increase Constellation Energy Corporation's base EPS growth rate from at least 10% to at least 13% annually.
PartnershipsCEG announced a 20-year PPA contract with Microsoft, which includes the launch of the Crane Clean Energy Center (CCEC) (835MW nuclear plant).
Strategic PositioningCEG is strategically located near major DC and manufacturing hubs such as PJM and is a key beneficiary to rising DC/commercial power demand.
Bears Say
EarningsExtreme weather conditions could impact power prices, while slowdown in data center/hyperscaler contracts could cap earnings growth.
Project RisksRestarting Crane is not without risks, and a $500M contingency is incorporated to account for cost overruns and/or project delays.
ValuationRecommendation downgraded from BUY to HOLD, albeit with a raised target price of USD250 to account for the latest share price rally, as there is limited share price upside from CEG's current rich valuations.
---
Ownership Overview
Currently, No data available
---
CEG FAQ
What was Constellation Energy Corporation’s price range in the past 12 months?
Constellation Energy Corporation lowest stock price was $102.41 and its highest was $271.85 in the past 12 months.
What is Constellation Energy Corporation’s market cap?
Currently, no data Available
When is Constellation Energy Corporation’s upcoming earnings report date?
Constellation Energy Corporation’s upcoming earnings report date is Nov 05, 2024 which is in 33 days.
How were Constellation Energy Corporation’s earnings last quarter?
Constellation Energy Corporation released its earnings results on Aug 06, 2024. The company reported $1.68 earnings per share for the quarter, missing the consensus estimate of $1.714 by -$0.034.
Is Constellation Energy Corporation overvalued?
According to Wall Street analysts Constellation Energy Corporation’s price is currently Undervalued.
Does Constellation Energy Corporation pay dividends?
Constellation Energy Corporation pays a Quarterly dividend of $0.35 which represents an annual dividend yield of 0.52%. See more information on Constellation Energy Corporation dividends here
What is Constellation Energy Corporation’s EPS estimate?
Constellation Energy Corporation’s EPS estimate is $2.6.
How many shares outstanding does Constellation Energy Corporation have?
Constellation Energy Corporation has 312,689,100 shares outstanding.
What happened to Constellation Energy Corporation’s price movement after its last earnings report?
Constellation Energy Corporation reported an EPS of $1.68 in its last earnings report, missing expectations of $1.714. Following the earnings report the stock price went up 6.513%.
Which hedge fund is a major shareholder of Constellation Energy Corporation?
Among the largest hedge funds holding Constellation Energy Corporation’s share is Coatue Management, LLC. It holds Constellation Energy Corporation’s shares valued at 983M.
---
Constellation Energy Corporation Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$265.83 (0.17% Upside)
$265.83 (0.17% Upside)
Blogger Sentiment
Bullish
CEG Sentiment 75%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 3.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.0%
Last 30 Days ▲ 23.3%
Last 30 Days ▲ 23.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
145.37%
12-Months-Change
Fundamentals
Return on Equity
21.09%
Trailing 12-Months
Asset Growth
10.27%
Trailing 12-Months
Company Description
Constellation Energy Corporation
Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.
---
CEG Company Deck
---
CEG Earnings Call
Q2 2024
0:00 / 0:00
---
CEG Stock 12 Month Forecast
Average Price Target
$265.83
▲(0.17% Upside)
Technical Analysis
Best Analysts Covering CEG
1 Year
1 Year Success Rate
25/25 ratings generated profit
1 Year Average Return
+77.20%
reiterated a buy rating 10 days ago
Copying David Arcaro's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +77.20% per trade.
---