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Constellation Energy Stock Price, News & Analysis (NASDAQ:CEG)

$111.21
+0.68 (+0.62%)
(As of 05:28 PM ET)
Compare
Today's Range
$109.65
$111.61
50-Day Range
$104.73
$126.52
52-Week Range
$71.16
$127.24
Volume
2.63 million shs
Average Volume
1.99 million shs
Market Capitalization
$35.52 billion
P/E Ratio
21.35
Dividend Yield
1.01%
Price Target
$102.00

Constellation Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
8.3% Downside
$102.00 Price Target
Short Interest
Healthy
1.74% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.77mentions of Constellation Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-2.75%
From $6.92 to $6.73 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.93 out of 5 stars

Oils/Energy Sector

138th out of 190 stocks

Electric Services Industry

30th out of 36 stocks


CEG stock logo

About Constellation Energy Stock (NASDAQ:CEG)

Constellation Energy Corporation generates and sells electricity in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It sells natural gas, and other energy-related products and services. The company has approximately 32,355 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland.

CEG Stock Price History

CEG Stock News Headlines

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Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
5 Best Nuclear Energy Stocks To Buy Today
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Constellation Energy Gains On Upbeat Q3 Earnings
Constellation Energy Raises 2023 Adj. EBITDA Guidance
Constellation Reports Third Quarter 2023 Results
5 Stocks that Could Skyrocket
See More Headlines
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Company Calendar

Last Earnings
11/06/2023
Ex-Dividend for 12/8 Dividend
11/16/2023
Today
12/08/2023
Dividend Payable
12/08/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/15/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Current Symbol
NASDAQ:CEG
Fax
N/A
Employees
13,370
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$102.00
High Stock Price Target
$129.00
Low Stock Price Target
$81.00
Potential Upside/Downside
-7.7%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$-160,000,000.00
Pretax Margin
9.26%

Debt

Sales & Book Value

Annual Sales
$26.46 billion
Cash Flow
$6.39 per share
Book Value
$34.78 per share

Miscellaneous

Free Float
318,679,000
Market Cap
$35.30 billion
Optionable
Not Optionable
Beta
0.57
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Key Executives

  • Mr. Joseph Dominguez (Age 59)
    President, CEO & Director
    Comp: $3.35M
  • Mr. Daniel L. Eggers C.F.A. (Age 47)
    Executive VP & CFO
    Comp: $1.52M
  • Mr. Michael R. Koehler (Age 56)
    Executive VP & Chief Administration Officer
    Comp: $2.13M
  • Mr. Bryan Craig Hanson (Age 57)
    Executive VP & Chief Generation Officer
    Comp: $1.91M
  • Mr. James McHugh (Age 51)
    Executive VP & Chief Commercial Officer
    Comp: $1.46M
  • Mr. Matthew N. Bauer (Age 46)
    Senior VP & Controller
  • Mr. David O. Dardis (Age 50)
    Executive VP & General Counsel
  • Ms. Judy Rader
    Senior VP of Corporate Affairs & Chief Communications Officer
  • Ms. Susie Kutansky
    Senior VP & Chief Human Resources Officer
  • Ms. Susan R. Landahl (Age 62)
    Senior Vice President

Should I Buy Constellation Energy Stock? CEG Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Constellation Energy was last updated on Tuesday, November 28, 2023 at 9:35 AM.

Pros

Here are some ways that investors could benefit from investing in Constellation Energy Co.:

  • Constellation Energy Co. has a diverse portfolio of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. This diversification reduces the risk associated with relying on a single energy source.
  • Despite most stocks in the clean energy space being in bear market territory, Constellation Energy Co. is trading at a high price compared to its 52-week high. This indicates a bullish momentum and potential for further growth.
  • Constellation Energy Co. operates in the electric services industry, which is essential for modern society. The demand for electricity is expected to continue growing, providing a stable market for the company.
  • Recent developments in the clean energy sector have increased the importance of renewable energy sources. Constellation Energy Co.'s focus on wind, solar, and hydroelectric assets positions it well to capitalize on this trend.
  • Investors may find the current stock price of Constellation Energy Co. attractive, considering its potential for growth and the company's strong presence in the electricity market.

Cons

Investors should be bearish about investing in Constellation Energy Co. for these reasons:

  • Analysts are forecasting a net downside of 20% for Constellation Energy Co.'s stock. This suggests that there may be potential risks or challenges ahead for the company.
  • Constellation Energy Co.'s projected EPS growth rate for the next year is below the industry average. This may indicate slower growth compared to its peers in the electric services industry.
  • The company's size, valued at $124 billion, may limit its agility and ability to adapt to changing market conditions compared to smaller competitors.
  • While Constellation Energy Co. has a diverse portfolio, its operations in the nuclear energy sector may not be as popular as solar or wind energy. This could impact its growth potential in the long term.
  • Investors should consider the industry's average P/E ratio and evaluate whether the 11% discount to the industry's average P/E for Constellation Energy Co. is justified based on the company's growth prospects.














CEG Stock Analysis - Frequently Asked Questions

Should I buy or sell Constellation Energy stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Constellation Energy in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CEG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CEG, but not buy additional shares or sell existing shares.
View CEG analyst ratings
or view top-rated stocks.

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

9 Wall Street analysts have issued 1 year price objectives for Constellation Energy's shares. Their CEG share price targets range from $81.00 to $129.00. On average, they anticipate the company's share price to reach $102.00 in the next twelve months. This suggests that the stock has a possible downside of 8.3%.
View analysts price targets for CEG
or view top-rated stocks among Wall Street analysts.

How have CEG shares performed in 2023?

Constellation Energy's stock was trading at $86.21 on January 1st, 2023. Since then, CEG shares have increased by 29.1% and is now trading at $111.28.
View the best growth stocks for 2023 here
.

When is Constellation Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our CEG earnings forecast
.

How were Constellation Energy's earnings last quarter?

Constellation Energy Co. (NASDAQ:CEG) posted its quarterly earnings data on Monday, November, 6th. The utilities provider reported $2.26 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.78. The utilities provider earned $6.11 billion during the quarter, compared to analyst estimates of $7.01 billion. Constellation Energy had a net margin of 6.40% and a trailing twelve-month return on equity of 14.71%. Constellation Energy's revenue was up 1.0% on a year-over-year basis. During the same period in the previous year, the company posted ($0.57) earnings per share.

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

Constellation Energy declared a quarterly dividend on Thursday, November 2nd. Shareholders of record on Friday, November 17th will be given a dividend of $0.282 per share on Friday, December 8th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date is Thursday, November 16th.
Read our dividend analysis for CEG
.

Is Constellation Energy a good dividend stock?

Constellation Energy (NASDAQ:CEG) pays an annual dividend of $1.12 per share and currently has a dividend yield of 0.94%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CEG will have a dividend payout ratio of 16.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CEG.

Who are Constellation Energy's major shareholders?

Constellation Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (6.14%), Bank of New York Mellon Corp (1.88%), Morgan Stanley (1.34%), Northern Trust Corp (1.06%), Invesco Ltd. (0.70%) and Legal & General Group Plc (0.60%).

How do I buy shares of Constellation Energy?

Shares of CEG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:CEG) was last updated on 12/8/2023 by MarketBeat.com Staff

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