Clearway Energy (CWEN) Projected to Post Earnings on Wednesday

Clearway Energy (NYSE:CWEN - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect Clearway Energy to post earnings of ($0.30) per share and revenue of $305.74 million for the quarter.

Clearway Energy (NYSE:CWEN - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by ($0.10). The business had revenue of $256.00 million during the quarter, compared to the consensus estimate of $299.73 million. Clearway Energy had a net margin of 8.94% and a return on equity of 2.28%. On average, analysts expect Clearway Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Clearway Energy Stock Performance

Clearway Energy stock traded up $0.24 during trading hours on Monday, hitting $29.19. The company had a trading volume of 148,743 shares, compared to its average volume of 876,452. The firm has a market cap of $5.90 billion, a PE ratio of 28.06, a PEG ratio of 1.75 and a beta of 0.85. The firm has a 50-day moving average of $28.58 and a 200 day moving average of $27.48. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.59 and a quick ratio of 1.49. Clearway Energy has a one year low of $22.75 and a one year high of $31.09.

Clearway Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.4312 dividend. This is a boost from Clearway Energy's previous quarterly dividend of $0.42. This represents a $1.72 annualized dividend and a dividend yield of 5.91%. The ex-dividend date of this dividend was Monday, March 3rd. Clearway Energy's payout ratio is 229.33%.

Analyst Ratings Changes

A number of brokerages recently commented on CWEN. Roth Mkm restated a "buy" rating and issued a $34.00 price target (up previously from $33.00) on shares of Clearway Energy in a research report on Tuesday, February 25th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Clearway Energy in a report on Tuesday, March 25th. They set a "buy" rating and a $38.00 price target for the company. Finally, StockNews.com raised shares of Clearway Energy from a "sell" rating to a "hold" rating in a research note on Wednesday, March 5th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $34.71.

About Clearway Energy

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.