Should I buy or sell Constellation Energy stock right now?

6 Wall Street equities 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 equities 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 twelve-month price objectives for Constellation Energy's shares. Their CEG share price targets range from $97.00 to $198.00. On average, they expect the company's stock price to reach $157.80 in the next twelve months. This suggests that the stock has a possible downside of 14.2%. 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 start of the year. Since then, CEG stock has increased by 57.3% and is now trading at $183.86. 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) released its quarterly earnings results on Tuesday, February, 27th. The utilities provider reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.70 by $1.81. The utilities provider earned $5.80 billion during the quarter, compared to analysts' expectations of $7.76 billion. Constellation Energy had a net margin of 6.52% and a trailing twelve-month return on equity of 14.13%. The business's revenue was down 21.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.10 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 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 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date is Thursday, March 7th. This is a positive change 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 0.76%. 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 16.77% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CEG .

What ETFs hold Constellation Energy's stock?

ETFs with the largest weight of Constellation Energy (NASDAQ:CEG) stock in their portfolio include Virtus Reaves Utilities ETF (UTES) , VanEck Uranium+Nuclear Energy ETF (NLR) , Invesco S&P Spin-Off ETF (CSD) , ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) , Utilities Select Sector SPDR Fund (XLU) , Fidelity MSCI Utilities Index ETF (FUTY) , Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT) and Vanguard Utilities ETF (VPU) .

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 (EPS) guidance of 7.230-8.030 for the period, compared to the consensus 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 number of retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (0.12%), Rheos Capital Works Inc. (0.07%), Allspring Global Investments Holdings LLC (0.06%), Los Angeles Capital Management LLC (0.05%), Czech National Bank (0.02%) and Transform Wealth LLC (0.02%).

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 .

NASDAQ:CEG

Constellation Energy (CEG) Stock Price, News & Analysis

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$183.86

-1.54 (-0.83%)

(As of 04/18/2024 ET)

Compare

Today's Range: $183.09
▼
$188.27
50-Day Range: $127.91
▼
$193.08
52-Week Range: $74.50
▼
$198.83

Volume: 1.65 million shs
Average Volume: 2.30 million shs
Market Capitalization: $57.94 billion

P/E Ratio: 36.77
Dividend Yield: 0.77%
Price Target: $157.80

Get Constellation Energy alerts:

Constellation Energy MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 14.2% Downside
$157.80 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.58
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 13.50%
From $7.41 to $8.41 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.

2.16 out of 5 stars

Oils/Energy Sector

165th out of 226 stocks

Electric Services Industry

29th out of 39 stocks

1.3

Analyst's Opinion

Consensus Rating
Constellation Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Constellation Energy has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CEG.

1.7

Dividend Strength

Dividend Yield
Constellation Energy has a dividend yield of 0.76%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Constellation Energy has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Constellation Energy is 28.20%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Constellation Energy will have a dividend payout ratio of 16.77% next year. This indicates that Constellation Energy will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CEG.

3.1

News and Social Media Coverage

News Sentiment
Constellation Energy has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Constellation Energy this week, compared to 3 articles on an average week.
Search Interest
45 people have searched for CEG on MarketBeat in the last 30 days. This is an increase of 5% compared to the previous 30 days.
MarketBeat Follows
20 people have added Constellation Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 43% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Constellation Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.23% of the stock of Constellation Energy is held by insiders.
Percentage Held by Institutions
82.24% of the stock of Constellation Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Constellation Energy are expected to grow by 13.50% in the coming year, from $7.41 to $8.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Constellation Energy is 36.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of Constellation Energy is 36.77, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.37.
Price to Earnings Growth Ratio
Constellation Energy has a PEG Ratio of 0.90. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Constellation Energy has a P/B Ratio of 5.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

CEG Stock News Headlines

April 17, 2024 | msn.com

Constellation Energy Corporation (CEG) Just Overtook the 20-Day Moving Average

April 17, 2024 | businesswire.com

Constellation Seeks License to Operate Dresden Clean Energy Center for an Additional 20 Years

April 19, 2024 | TradeSmith (Ad)

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April 15, 2024 | markets.businessinsider.com

Seaport Global Keeps Their Hold Rating on Constellation Energy Corporation (CEG)

April 15, 2024 | nasdaq.com

CEG Quantitative Stock Analysis

April 12, 2024 | finance.yahoo.com

Constellation Energy Corporation (CEG) Stock Moves -0.63%: What You Should Know

April 11, 2024 | markets.businessinsider.com

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April 11, 2024 | investorplace.com

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Constellation Energy's (NASDAQ:CEG) Returns Have Hit A Wall

April 9, 2024 | investorplace.com

Nuclear Reactors to the Rescue: 3 Atomic Stocks to Power the AI Boom

April 7, 2024 | nasdaq.com

Validea Detailed Fundamental Analysis - CEG

April 5, 2024 | benzinga.com

Decoding Constellation Energy's Options Activity: What's the Big Picture?

April 3, 2024 | businesswire.com

Moody's Upgrades Constellation's Credit Rating as Policy Support and Growing Demand for Clean Energy Fuel Strong Financial Performance

April 3, 2024 | finance.yahoo.com

A Way for Energy Investors to Ride the AI Boom

April 1, 2024 | msn.com

These are the most crowded stocks within each sector - BofA

April 1, 2024 | benzinga.com

Smart Money Is Betting Big In CEG Options

March 29, 2024 | insidermonkey.com

Jim Cramer Says You Should ‘Buy, Buy, Buy’ These 5 Stocks

March 27, 2024 | benzinga.com

Constellation Energy Options Trading: A Deep Dive into Market Sentiment

March 25, 2024 | msn.com

Two Hot AI Stocks Lead S&P 500 Monday

March 20, 2024 | investorplace.com

Jump Ship? 3 Stocks That Are Surging Too High, Too Fast

March 18, 2024 | msn.com

Constellation Energy offers first U.S. corporate green bond for nuclear energy

March 18, 2024 | businesswire.com

Constellation Offers Nation's First Corporate Green Bond for Nuclear Energy

March 16, 2024 | finance.yahoo.com

CEG Jul 2024 250.000 call

March 7, 2024 | finance.yahoo.com

Constellation Ranks 9th on Barron’s List of the 100 Most Sustainable U.S. Companies

March 7, 2024 | ca.finance.yahoo.com

CEG Jan 2026 210.000 call

March 4, 2024 | benzinga.com

Market Whales and Their Recent Bets on CEG Options

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: 4/19/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Electric services
Sub-Industry: N/A
Current Symbol: NASDAQ:CEG
CUSIP: N/A
CIK: 1868275
Web: www.constellation.com
Phone: 610-765-5959
Fax: N/A
Employees: 13,871
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $157.80
High Stock Price Target: $198.00
Low Stock Price Target: $97.00
Potential Upside/Downside: -14.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.00
Trailing P/E Ratio: 36.77
Forward P/E Ratio: 24.81
P/E Growth: 0.9
Net Income: $1.62 billion
Net Margins: 6.52%
Pretax Margin: 9.82%
Return on Equity: 14.13%
Return on Assets: 3.38%

Debt

Debt-to-Equity Ratio: 0.95
Current Ratio: 1.31
Quick Ratio: 1.08

Sales & Book Value

Annual Sales: $24.92 billion
Price / Sales: 2.33
Cash Flow: $12.76 per share
Price / Cash Flow: 14.41
Book Value: $35.34 per share
Price / Book: 5.20

Miscellaneous

Outstanding Shares: 315,120,000
Free Float: 314,396,000
Market Cap: $57.94 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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

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

Pros

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

Constellation Energy Co. has shown tremendous financial momentum in recent quarters, which could indicate a positive outlook for future performance.
The company is actively growing its positioning in renewable energy sources like solar and nuclear, aligning with the industry's shift towards sustainability.
With a diverse portfolio of generating capacity, including nuclear, wind, solar, natural gas, and hydroelectric assets, Constellation Energy Co. is well-positioned to capitalize on various energy sources.
Despite facing competition, Constellation Energy Co. offers investors a chance to diversify their energy investments and potentially benefit from the next energy frontier.
Investors may find value in Constellation Energy Co.'s stock price, which has shown positive movement recently, indicating market confidence in the company's performance.

Cons

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

Constellation Energy Co.'s return on equity (ROE) has struggled to surpass the 6.6% mark, indicating a potential valuation gap that needs to be addressed for improved profitability.
Compared to competitors like General Electric with a leading 30.9% ROE, Constellation Energy Co. may face challenges in achieving similar levels of profitability.
While the company is making strides in renewable energy investments, the profitability of its renewables portfolio may not be as robust as desired, impacting overall financial performance.
Investors should consider the cyclical nature of Constellation Energy Co.'s profitability, which could lead to fluctuations in earnings and stock performance over time.
Despite recent positive developments, Constellation Energy Co. may still have areas where it needs to improve to attract long-term investor confidence and sustain growth.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these Constellation Energy pros and cons to contact@marketbeat.com.

CEG Stock Analysis - Frequently Asked Questions

Should I buy or sell Constellation Energy stock right now?: 6 Wall Street equities 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 equities 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 twelve-month price objectives for Constellation Energy's shares. Their CEG share price targets range from $97.00 to $198.00. On average, they expect the company's stock price to reach $157.80 in the next twelve months. This suggests that the stock has a possible downside of 14.2%.
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 start of the year. Since then, CEG stock has increased by 57.3% and is now trading at $183.86.
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) released its quarterly earnings results on Tuesday, February, 27th. The utilities provider reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.70 by $1.81. The utilities provider earned $5.80 billion during the quarter, compared to analysts' expectations of $7.76 billion. Constellation Energy had a net margin of 6.52% and a trailing twelve-month return on equity of 14.13%. The business's revenue was down 21.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.10 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 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 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date is Thursday, March 7th. This is a positive change 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 0.76%. 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 16.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CEG.
What ETFs hold Constellation Energy's stock?: ETFs with the largest weight of Constellation Energy (NASDAQ:CEG) stock in their portfolio include Virtus Reaves Utilities ETF (UTES), VanEck Uranium+Nuclear Energy ETF (NLR), Invesco S&P Spin-Off ETF (CSD), ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA), Utilities Select Sector SPDR Fund (XLU), Fidelity MSCI Utilities Index ETF (FUTY), Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT) and Vanguard Utilities ETF (VPU).
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 (EPS) guidance of 7.230-8.030 for the period, compared to the consensus 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 number of retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (0.12%), Rheos Capital Works Inc. (0.07%), Allspring Global Investments Holdings LLC (0.06%), Los Angeles Capital Management LLC (0.05%), Czech National Bank (0.02%) and Transform Wealth LLC (0.02%).
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 4/19/2024 by MarketBeat.com Staff

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Constellation Energy (CEG) Stock Price, News & Analysis

Constellation Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Constellation Energy Stock (NASDAQ:CEG)

CEG Stock Price History

CEG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

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

Pros

Cons

CEG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™