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Clearway Energy Inc (CWEN)
NYSE:CWEN
Holding CWEN?
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CWEN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$20.63 - $30.92
Previous Close$27.78
Volume452.63K
Average Volume (3M)856.80K
Market Cap
$5.56B
Enterprise Value$16.48B
Total Cash (Recent Filing)$292.00M
Total Debt (Recent Filing)$7.71B
Price to Earnings (P/E)26.7
Beta0.80
Next Earnings
Feb 27, 2025EPS Estimate
$0.05Next Dividend Ex-Date
Dec 02, 2024Dividend Yield5.9%
Share Statistics
EPS (TTM)1.04
Shares Outstanding118,000,000
10 Day Avg. Volume884,070
30 Day Avg. Volume856,805
Standard Deviation0.08
R-Squared0.30
Alpha0.00457
Financial Highlights & Ratios
Price to Book (P/B)1.54
Price to Sales (P/S)2.40
Price to Cash Flow (P/CF)2.70
P/FCF Ratio2.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.08
Enterprise Value/Gross Profit19.60
Enterprise Value/Ebitda18.33
Forecast
1Y Price Target
$34.11Price Target Upside22.17% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Clearway Energy News
PremiumCompany Announcements
Clearway Energy Reports Robust Q3 2024 Results
PremiumStock Analysis & Ideas
TipRanks’ ‘Perfect 10’ List: These 2 Top-Scoring Stocks Shine Across the Board
Bulls Say, Bears Say
Bulls Say
Dividend GrowthCWEN can reach its 5-8% dividend growth target through 2026 without corporate capital needs, while contracting upside in California could further extend the runway.
Renewable ExpansionClearway Group's late-stage pipeline of renewable projects of 8 GW reinforces the company's ability to sustain growth longer-term while reducing the reliance on more inconsistent third-party M&A.
Strategic GrowthCWEN may announce a significant strategic shift on the next call and could redefine how the YieldCo approaches its growth and capital allocation strategy.
Bears Say
Dividend PolicyReduced DPS growth could be perceived negatively despite strategic shifts aimed at improving earnings quality and visibility.
Equity FinancingManagement's intention to raise equity through the ATM program highlights potential negative impacts block trades can have on stock prices.
Operational PerformanceConventional Equivalent Availability Factor decreased by 10.6% compared to the previous period.
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Ownership Overview
1.59% Insiders
21.20% Mutual Funds
16.28% Other Institutional Investors
29.60% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CWEN FAQ
What was Clearway Energy Inc’s price range in the past 12 months?
Clearway Energy Inc lowest stock price was $20.63 and its highest was $30.92 in the past 12 months.
What is Clearway Energy Inc’s market cap?
Currently, no data Available
When is Clearway Energy Inc’s upcoming earnings report date?
Clearway Energy Inc’s upcoming earnings report date is Feb 27, 2025 which is in 98 days.
How were Clearway Energy Inc’s earnings last quarter?
Clearway Energy Inc released its earnings results on Oct 30, 2024. The company reported $0.346 earnings per share for the quarter, missing the consensus estimate of $0.534 by -$0.188.
Is Clearway Energy Inc overvalued?
According to Wall Street analysts Clearway Energy Inc’s price is currently Undervalued.
Does Clearway Energy Inc pay dividends?
Clearway Energy Inc pays a Quarterly dividend of $0.42 which represents an annual dividend yield of 5.9%. See more information on Clearway Energy Inc dividends here
What is Clearway Energy Inc’s EPS estimate?
Clearway Energy Inc’s EPS estimate is $0.05.
How many shares outstanding does Clearway Energy Inc have?
Clearway Energy Inc has 82,831,650 shares outstanding.
What happened to Clearway Energy Inc’s price movement after its last earnings report?
Clearway Energy Inc reported an EPS of $0.346 in its last earnings report, missing expectations of $0.534. Following the earnings report the stock price went up 8.012%.
Which hedge fund is a major shareholder of Clearway Energy Inc?
Among the largest hedge funds holding Clearway Energy Inc’s share is Gotham Asset Management LLC. It holds Clearway Energy Inc’s shares valued at 10M.
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Clearway Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$34.11 (22.17% Upside)
$34.11 (22.17% Upside)
Blogger Sentiment
Bullish
CWEN Sentiment 86%
Sector Average 67%
Sector Average 67%
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 7.5%
Last 30 Days ▲ 7.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.57%
12-Months-Change
Fundamentals
Return on Equity
5.75%
Trailing 12-Months
Asset Growth
6.57%
Trailing 12-Months
Company Description
Clearway Energy Inc
Clearway Energy, Inc. operates as a dividend growth-oriented company. It owns a portfolio of contracted renewable and conventional generation and thermal infrastructure assets. The firm also owns thermal infrastructure assets, which provide steam, hot and chilled water, as well as in some instances electricity to commercial businesses, universities, hospitals and governmental units. NRG Yield operates through the following segments: Conventional Generation, Thermal, Renewable and Corporate. The company was founded on December 20, 2012 and is headquartered in Princeton, NJ.
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CWEN Company Deck
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CWEN Earnings Call
Q3 2024
0:00 / 0:00
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CWEN Stock 12 Month Forecast
Average Price Target
$34.11
▲(22.17% Upside)
Technical Analysis
Nextera Energy Partners
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Brookfield Renewable Partners
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Atlantica Sustainable Infrastructure
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Clearway Energy
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Best Analysts Covering CWEN
1 Year
1 Year Success Rate
3/5 ratings generated profit
1 Year Average Return
+1.22%
reiterated a buy rating 22 days ago
Copying Justin Clare's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +1.22% per trade.
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