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S&P 500   5,011.12
DOW   37,775.38
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What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSE:CWEN

Clearway Energy (CWEN) Stock Price, News & Analysis

$22.50
+0.25 (+1.12%)
(As of 04/18/2024 ET)
Today's Range
$22.27
$22.60
50-Day Range
$20.90
$24.28
52-Week Range
$18.59
$31.85
Volume
729,946 shs
Average Volume
918,446 shs
Market Capitalization
$4.55 billion
P/E Ratio
33.09
Dividend Yield
7.16%
Price Target
$28.33

Clearway Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
25.9% Upside
$28.33 Price Target
Short Interest
Healthy
2.65% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$4.50 M Bought Last Quarter
Proj. Earnings Growth
2.17%
From $0.92 to $0.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.28 out of 5 stars

Oils/Energy Sector

109th out of 230 stocks

Electric Services Industry

22nd out of 39 stocks

CWEN stock logo

About Clearway Energy Stock (NYSE:CWEN)

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.

CWEN Stock Price History

CWEN Stock News Headlines

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
CWEN: Raising target price to $25.00
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Refund Riches: 3 Stocks to Buy With Your Tax Windfall
16 Countries with Cleanest Energy in the World
Clearway Energy Stock Getting Very Oversold
7 Overlooked Renewable Energy Stocks to Watch Now
Q4 2023 Clearway Energy Inc Earnings Call
3 Stocks to Buy for the Post-Special Election Blue Wave
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Today
4/18/2024
Next Earnings (Confirmed)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Fax
N/A
Employees
61
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$28.33
High Stock Price Target
$37.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+27.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$79 million
Pretax Margin
-1.22%

Debt

Sales & Book Value

Annual Sales
$1.31 billion
Cash Flow
$4.06 per share
Book Value
$24.71 per share

Miscellaneous

Free Float
201,030,000
Market Cap
$4.49 billion
Optionable
Optionable
Beta
0.88
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CWEN Stock Analysis - Frequently Asked Questions

Should I buy or sell Clearway Energy stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearway Energy in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CWEN shares.
View CWEN analyst ratings
or view top-rated stocks.

What is Clearway Energy's stock price target for 2024?

6 analysts have issued 12-month target prices for Clearway Energy's stock. Their CWEN share price targets range from $25.00 to $37.00. On average, they anticipate the company's share price to reach $28.33 in the next twelve months. This suggests a possible upside of 25.9% from the stock's current price.
View analysts price targets for CWEN
or view top-rated stocks among Wall Street analysts.

How have CWEN shares performed in 2024?

Clearway Energy's stock was trading at $27.43 at the beginning of the year. Since then, CWEN shares have decreased by 18.0% and is now trading at $22.50.
View the best growth stocks for 2024 here
.

Are investors shorting Clearway Energy?

Clearway Energy saw a decline in short interest in March. As of March 15th, there was short interest totaling 2,220,000 shares, a decline of 20.7% from the February 29th total of 2,800,000 shares. Based on an average trading volume of 869,400 shares, the short-interest ratio is currently 2.6 days. Currently, 2.8% of the shares of the stock are sold short.
View Clearway Energy's Short Interest
.

When is Clearway Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our CWEN earnings forecast
.

How can I listen to Clearway Energy's earnings call?

Clearway Energy will be holding an earnings conference call on Thursday, May 9th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Clearway Energy's earnings last quarter?

Clearway Energy, Inc. (NYSE:CWEN) posted its quarterly earnings data on Thursday, February, 22nd. The company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.15. The company had revenue of $249 million for the quarter, compared to analysts' expectations of $282.45 million. Clearway Energy had a net margin of 6.01% and a trailing twelve-month return on equity of 1.80%. The company's quarterly revenue was down 18.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.10 earnings per share.

How often does Clearway Energy pay dividends? What is the dividend yield for Clearway Energy?

Clearway Energy announced a quarterly dividend on Wednesday, February 14th. Investors of record on Friday, March 1st will be paid a dividend of $0.403 per share on Friday, March 15th. This represents a $1.61 annualized dividend and a dividend yield of 7.16%. The ex-dividend date of this dividend is Thursday, February 29th. This is an increase from the stock's previous quarterly dividend of $0.40.
Read our dividend analysis for CWEN
.

Is Clearway Energy a good dividend stock?

Clearway Energy (NYSE:CWEN) pays an annual dividend of $1.61 per share and currently has a dividend yield of 7.41%. CWEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 236.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CWEN will have a dividend payout ratio of 171.28% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CWEN.

What other stocks do shareholders of Clearway Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clearway Energy investors own include Pfizer (PFE), AbbVie (ABBV), AT&T (T), Enterprise Products Partners (EPD), Advanced Micro Devices (AMD), Abbott Laboratories (ABT), CVS Health (CVS), General Electric (GE), Target (TGT) and Bank of America (BAC).

Who are Clearway Energy's major shareholders?

Clearway Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Congress Asset Management Co. MA (0.09%), Courier Capital LLC (0.02%), Oak Thistle LLC (0.01%), Fulton Bank N.A. (0.01%) and Mather Group LLC. (0.00%). Insiders that own company stock include Christopher S Sotos, E Stanley Oneal, Infrastructure Investor Global and Se Totalenergies.
View institutional ownership trends
.

How do I buy shares of Clearway Energy?

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.

This page (NYSE:CWEN) was last updated on 4/18/2024 by MarketBeat.com Staff

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