Roth Capital Expects Increased Earnings for Clearway Energy

Key Points

• Roth Capital has raised its Q3 2026 EPS estimates for Clearway Energy from $0.92 to $0.98 per share, maintaining a "Buy" rating and a price target of $38.00.
• Clearway Energy recently increased its quarterly dividend to $0.4456 per share, resulting in a 5.8% dividend yield despite a high payout ratio of 273.85%.
• The company's stock has received mixed ratings, with four analysts rating it as a "Buy" and four as "Hold," reflecting a Moderate Buy consensus among investment analysts.

Clearway Energy, Inc. (NYSE:CWEN - Free Report) - Roth Capital boosted their Q3 2026 EPS estimates for shares of Clearway Energy in a note issued to investors on Monday, October 6th. Roth Capital analyst J. Clare now expects that the company will post earnings of $0.98 per share for the quarter, up from their prior forecast of $0.92. Roth Capital has a "Buy" rating and a $38.00 price target on the stock. The consensus estimate for Clearway Energy's current full-year earnings is $0.83 per share. Roth Capital also issued estimates for Clearway Energy's FY2026 earnings at $0.96 EPS and FY2027 earnings at $1.59 EPS.

CWEN has been the topic of a number of other research reports. Cibc World Mkts cut shares of Clearway Energy from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 21st. Wall Street Zen lowered Clearway Energy from a "hold" rating to a "sell" rating in a research report on Saturday, July 26th. Evercore ISI initiated coverage on Clearway Energy in a research report on Monday. They issued an "in-line" rating and a $34.00 target price for the company. Jefferies Financial Group boosted their target price on Clearway Energy from $37.00 to $39.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Finally, CIBC lowered Clearway Energy from a "sector outperform" rating to a "neutral" rating and set a $35.00 target price for the company. in a research report on Saturday, July 19th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $36.33.

Clearway Energy Stock Performance

Shares of Clearway Energy stock opened at $30.96 on Wednesday. The stock has a market cap of $6.26 billion, a price-to-earnings ratio of 47.63, a PEG ratio of 1.43 and a beta of 0.89. The firm's 50-day moving average is $29.58 and its 200 day moving average is $30.10. Clearway Energy has a 1 year low of $24.40 and a 1 year high of $33.22. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.42 and a quick ratio of 1.34.

Clearway Energy (NYSE:CWEN - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by ($0.39). The firm had revenue of $392.00 million during the quarter, compared to the consensus estimate of $428.33 million. Clearway Energy had a return on equity of 1.37% and a net margin of 5.31%.The business's revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.43 EPS.

Clearway Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.4456 per share. This represents a $1.78 annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend was Tuesday, September 2nd. This is an increase from Clearway Energy's previous quarterly dividend of $0.44. Clearway Energy's payout ratio is currently 273.85%.

Institutional Investors Weigh In On Clearway Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP increased its holdings in Clearway Energy by 3.7% in the 2nd quarter. First Trust Advisors LP now owns 2,171,301 shares of the company's stock worth $69,482,000 after acquiring an additional 77,595 shares in the last quarter. Gotham Asset Management LLC increased its holdings in Clearway Energy by 79.1% in the 1st quarter. Gotham Asset Management LLC now owns 814,841 shares of the company's stock worth $24,665,000 after acquiring an additional 359,876 shares in the last quarter. King Luther Capital Management Corp increased its holdings in Clearway Energy by 1.1% in the 1st quarter. King Luther Capital Management Corp now owns 549,840 shares of the company's stock worth $16,644,000 after acquiring an additional 5,890 shares in the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT increased its holdings in Clearway Energy by 4.8% in the 1st quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 522,000 shares of the company's stock worth $15,801,000 after acquiring an additional 24,000 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Clearway Energy by 1,116.7% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 429,912 shares of the company's stock worth $13,757,000 after acquiring an additional 394,579 shares in the last quarter. 84.53% of the stock is owned by hedge funds and other institutional investors.

Clearway Energy Company Profile

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.

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