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Constellation Energy Corporation (CEG)
NASDAQ:CEG
RESEARCH TOOLSreports
Constellation Energy Corporation (CEG) Stock Price & Analysis
837 Followers
CEG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$93.63 - $235.94
Previous Close$189.3
Volume2.83M
Average Volume (3M)3.24M
Market Cap
$59.67B
Enterprise Value$68.93B
Total Cash (Recent Filing)$368.00M
Total Debt (Recent Filing)$9.26B
Price to Earnings (P/E)25.3
Beta0.99
Next Earnings
Aug 06, 2024EPS Estimate
$1.78Last Dividend Ex-Date
May 29, 2024Dividend Yield0.67%
Share Statistics
EPS (TTM)7.49
Shares Outstanding315,234,850
10 Day Avg. Volume3,634,620
30 Day Avg. Volume3,235,852
Standard Deviation0.11
R-Squared0.16
Alpha0.06
Financial Highlights & Ratios
Price to Book (P/B)5.89
Price to Sales (P/S)2.76
Price to Cash Flow (P/CF)-17.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.60
Enterprise Value/Gross Profit7.73
Enterprise Value/Ebitda43.41
Forecast
1Y Price Target
$234.89Price Target Upside24.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Constellation Energy Corporation News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCEG shares hit a new all-time high since its February 2022 spin as management delivered yet another well-above-consensus quarterly result.
Growth PotentialManagement reaffirmed its 2024 guidance of $7.23-8.03 and at least 10% long-term base EPS growth through 2028.
Market PositionThe company is uniquely positioned to serve both the rapidly expanding scale in data center configurations and growing awareness and price signals for carbon-free supply attributes.
Bears Say
Capacity ConstraintsThe company has a finite amount of nuclear capacity to contract long term with counterparties seeking around-the-clock clean energy power supply.
Expansion ChallengesThe company will need to grow its portfolio by either restarting TMI or acquiring more power plants.
Share RepurchasesAssumptions indicate share repurchases amounting to ~$10B throughout the forecast period.
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Ownership Overview
0.13% Insiders
38.54% Mutual Funds
37.59% Other Institutional Investors
23.73% Public Companies and Individual Investors
CEG FAQ
What was Constellation Energy Corporation’s price range in the past 12 months?
Constellation Energy Corporation lowest stock price was $93.63 and its highest was $235.94 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 Aug 06, 2024 which is in 15 days.
How were Constellation Energy Corporation’s earnings last quarter?
Constellation Energy Corporation released its earnings results on May 09, 2024. The company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.303 by $0.517.
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 0.67%. See more information on Constellation Energy Corporation dividends here
What is Constellation Energy Corporation’s EPS estimate?
Constellation Energy Corporation’s EPS estimate is $1.78.
How many shares outstanding does Constellation Energy Corporation have?
Constellation Energy Corporation has 315,234,860 shares outstanding.
What happened to Constellation Energy Corporation’s price movement after its last earnings report?
Constellation Energy Corporation reported an EPS of $1.82 in its last earnings report, beating expectations of $1.303. Following the earnings report the stock price went up 3.804%.
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 379M.
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Constellation Energy Corporation Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$234.89 (24.08% Upside)
$234.89 (24.08% Upside)
Blogger Sentiment
Bullish
CEG Sentiment 87%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 3.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $425.8 over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days <0.1%
Last 30 Days ▲ 14.3%
Last 30 Days ▲ 14.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
101.53%
12-Months-Change
Fundamentals
Return on Equity
21.99%
Trailing 12-Months
Asset Growth
12.69%
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.
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CEG Company Deck
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CEG Earnings Call
Q1 2024
0:00 / 0:00
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CEG Stock 12 Month Forecast
Average Price Target
$234.89
▲(24.08% Upside)
Technical Analysis
Best Analysts Covering CEG
1 Year
1 Year Success Rate
12/13 ratings generated profit
1 Year Average Return
+44.36%
assigned a buy rating 2 months ago
Copying Neil Kalton's trades and holding each position for 1 Year would result in 92.31% of your transactions generating a profit, with an average return of +44.36% per trade.
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