NASDAQ:CEG

Constellation Energy (CEG) Stock Price, News & Analysis

$188.01
+1.85 (+0.99%)
(As of 04/25/2024 ET)
Today's Range
$185.41
$190.53
50-Day Range
$131.16
$193.08
52-Week Range
$74.91
$198.83
Volume
2.91 million shs
Average Volume
2.45 million shs
Market Capitalization
$59.25 billion
P/E Ratio
37.60
Dividend Yield
0.75%
Price Target
$173.00

Constellation Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
8.0% Downside
$173.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.45mentions of Constellation Energy in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.73%
From $7.43 to $8.45 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.

2.07 out of 5 stars

Oils/Energy Sector

176th out of 234 stocks

Electric Services Industry

32nd out of 38 stocks

CEG stock logo

About Constellation Energy Stock (NASDAQ:CEG)

Constellation Energy Corporation generates and sells electricity in the United States. It operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. The company sells natural gas, energy-related products, and sustainable solutions. It has approximately 33,094 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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One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…
CEG Quantitative Stock Analysis
Cheat Sheet: Those Other AI Beneficiaries
A Way for Energy Investors to Ride the AI Boom
Smart Money Is Betting Big In CEG Options
Two Hot AI Stocks Lead S&P 500 Monday
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Ex-Dividend for 3/19 Dividend
3/07/2024
Dividend Payable
3/19/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Current Symbol
NASDAQ:CEG
Fax
N/A
Employees
13,871
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$173.00
High Stock Price Target
$198.00
Low Stock Price Target
$116.00
Potential Upside/Downside
-8.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$1.62 billion
Pretax Margin
9.82%

Debt

Sales & Book Value

Annual Sales
$24.92 billion
Cash Flow
$12.94 per share
Book Value
$35.34 per share

Miscellaneous

Free Float
314,396,000
Market Cap
$59.25 billion
Optionable
Optionable
Beta
0.70
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Key Executives

  • Mr. Joseph Dominguez (Age 60)
    President, CEO & Director
    Comp: $4.71M
  • Mr. Daniel L. Eggers C.F.A. (Age 48)
    Executive VP & CFO
    Comp: $2.05M
  • Mr. Bryan Craig Hanson (Age 58)
    Executive VP & Chief Generation Officer
    Comp: $2.47M
  • Ms. Kathleen L. Barron (Age 53)
    Executive VP & Chief Strategy Officer
    Comp: $1.95M
  • Mr. James McHugh (Age 52)
    Executive VP & Chief Commercial Officer
    Comp: $1.89M
  • Mr. Matthew N. Bauer (Age 47)
    Senior VP & Controller
  • Mr. Michael R. Koehler (Age 57)
    Executive VP & Chief Administration Officer
    Comp: $2.13M
  • Mr. David O. Dardis (Age 51)
    Executive VP & General Counsel
  • Ms. Judy Rader
    Senior VP of Corporate Affairs & Chief Communications Officer
  • Ms. Susie Kutansky
    Executive VP & Chief Human Resources Officer

CEG Stock Analysis - Frequently Asked Questions

Should I buy or sell Constellation Energy stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Constellation Energy in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CEG shares.
View CEG analyst ratings
or view top-rated stocks.

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

6 brokerages have issued 12 month price objectives for Constellation Energy's stock. Their CEG share price targets range from $116.00 to $198.00. On average, they anticipate the company's share price to reach $173.00 in the next year. This suggests that the stock has a possible downside of 8.0%.
View analysts price targets for CEG
or view top-rated stocks among Wall Street analysts.

How have CEG shares performed in 2024?

Constellation Energy's stock was trading at $116.89 at the beginning of the year. Since then, CEG shares have increased by 60.8% and is now trading at $188.01.
View the best growth stocks for 2024 here
.

When is Constellation Energy's next earnings date?

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

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

Constellation Energy will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Constellation Energy's earnings last quarter?

Constellation Energy Co. (NASDAQ:CEG) announced its quarterly earnings data on Tuesday, February, 27th. The utilities provider reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $1.70 by $1.81. The utilities provider had revenue of $5.80 billion for the quarter, compared to analyst estimates of $7.76 billion. Constellation Energy had a net margin of 6.52% and a trailing twelve-month return on equity of 14.13%. Constellation Energy's quarterly revenue was down 21.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.10 EPS.

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

Constellation Energy announced a quarterly dividend on Monday, February 26th. Shareholders of record on Friday, March 8th will be paid a dividend of $0.3525 per share on Tuesday, March 19th. This represents a $1.41 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend is Thursday, March 7th. This is a boost from the stock's previous quarterly dividend of $0.28.
Read our dividend analysis for CEG
.

Is Constellation Energy a good dividend stock?

Constellation Energy (NASDAQ:CEG) pays an annual dividend of $1.41 per share and currently has a dividend yield of 0.75%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CEG will have a dividend payout ratio of 16.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CEG.

What guidance has Constellation Energy issued on next quarter's earnings?

Constellation Energy updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 7.230-8.030 for the period, compared to the consensus earnings per share estimate of 6.520. The company issued revenue guidance of -.

Who are Constellation Energy's major shareholders?

Constellation Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (1.66%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), Artemis Investment Management LLP (0.12%), Raymond James & Associates (0.12%), New York State Teachers Retirement System (0.10%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (0.08%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CEG) was last updated on 4/26/2024 by MarketBeat.com Staff

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