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How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Better Than Oil Stocks (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
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Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
66,000% upside on tiny biotech? (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Better Than Oil Stocks (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Better Than Oil Stocks (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
66,000% upside on tiny biotech? (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Better Than Oil Stocks (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Better Than Oil Stocks (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
66,000% upside on tiny biotech? (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage

Clearway Energy (CWEN) Stock Price, News & Analysis

$22.18
-0.41 (-1.81%)
(As of 02/23/2024 08:53 PM ET)
Today's Range
$22.10
$22.63
50-Day Range
$22.18
$27.70
52-Week Range
$18.59
$32.24
Volume
1.05 million shs
Average Volume
902,824 shs
Market Capitalization
$4.48 billion
P/E Ratio
32.62
Dividend Yield
7.17%
Price Target
$28.60

Clearway Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
28.9% Upside
$28.60 Price Target
Short Interest
Healthy
3.80% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.93mentions of Clearway Energy in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-17.43%
From $1.09 to $0.90 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.

3.88 out of 5 stars

Oils/Energy Sector

64th out of 234 stocks

Electric Services Industry

17th out of 37 stocks


CWEN stock logo

About Clearway Energy Stock (NYSE:CWEN)

Clearway Energy, Inc. operates in the renewable energy business in the United States. The company operates through Conventional, Renewables, and Thermal segments. It has approximately 5,500 net megawatts (MW) of installed wind and solar generation projects; and approximately 2,500 net MW of natural gas generation facilities. The company was formerly known as NRG Yield, Inc. and changed its name to Clearway Energy, Inc. in August 2018. Clearway Energy, Inc. was incorporated in 2012 and is based in Princeton, New Jersey. Clearway Energy, Inc. operates as a subsidiary of Clearway Energy Group LLC.

CWEN Stock Price History

CWEN Stock News Headlines

7 Overlooked Renewable Energy Stocks to Watch Now
Q4 2023 Clearway Energy Inc Earnings Call
Gold is SOARING – here's what you need to do
Everything is lining up perfectly for a historic gold bull run. One gold expert says he's found the best way to get in, for just $5.
Clearway Energy (CWEN) Set to Announce Earnings on Thursday
Clearway Energy (NYSE:CWEN) Downgraded to "Sell" at StockNews.com
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
3 Stocks to Buy for the Post-Special Election Blue Wave
Clearway Energy, Inc. (CWEN)
Clearway Energy, Inc. (CWEN-A)
Clearway Energy Inc Class C
Clearway Energy undervalued by 40%, DCF model suggests
See More Headlines
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Company Calendar

Ex-Dividend for 12/15 Dividend
11/30/2023
Dividend Payable
12/15/2023
Last Earnings
2/22/2024
Today
2/25/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Fax
N/A
Employees
58
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$28.60
High Stock Price Target
$37.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+28.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$582 million
Pretax Margin
-1.22%

Debt

Sales & Book Value

Annual Sales
$1.31 billion
Cash Flow
$3.97 per share
Book Value
$24.71 per share

Miscellaneous

Free Float
201,029,000
Market Cap
$4.48 billion
Optionable
Optionable
Beta
0.90
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CWEN Stock Analysis - Frequently Asked Questions

Should I buy or sell Clearway Energy stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Clearway Energy in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CWEN shares.
View CWEN analyst ratings
or view top-rated stocks.

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

4 equities research analysts have issued twelve-month price objectives for Clearway Energy's stock. Their CWEN share price targets range from $23.00 to $37.00. On average, they anticipate the company's share price to reach $28.60 in the next year. This suggests a possible upside of 28.9% from the stock's current price.
View analysts price targets for CWEN
or view top-rated stocks among Wall Street analysts.

How have CWEN shares performed in 2024?

Clearway Energy's stock was trading at $27.43 at the start of the year. Since then, CWEN shares have decreased by 19.1% and is now trading at $22.18.
View the best growth stocks for 2024 here
.

Are investors shorting Clearway Energy?

Clearway Energy saw a decrease in short interest in January. As of January 31st, there was short interest totaling 3,040,000 shares, a decrease of 12.9% from the January 15th total of 3,490,000 shares. Based on an average trading volume of 1,300,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 3.8% of the shares of the company are short sold.
View Clearway Energy's Short Interest
.

When is Clearway Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CWEN earnings forecast
.

How were Clearway Energy's earnings last quarter?

Clearway Energy, Inc. (NYSE:CWEN) issued its quarterly earnings data on Thursday, February, 22nd. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.16 by $0.15. The firm earned $249 million during the quarter, compared to analysts' expectations of $282.45 million. Clearway Energy had a net margin of 6.01% and a trailing twelve-month return on equity of 1.80%. The business's revenue for the quarter was down 18.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.10 EPS.

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

Clearway Energy announced a quarterly dividend on Wednesday, February 14th. Investors of record on Friday, March 1st will be given a dividend of $0.403 per share on Friday, March 15th. This represents a $1.61 annualized dividend and a yield of 7.27%. The ex-dividend date is Thursday, February 29th. This is a boost from the stock's previous quarterly dividend of $0.40.
Read our dividend analysis for CWEN
.

Is Clearway Energy a good dividend stock?

Clearway Energy (NYSE:CWEN) pays an annual dividend of $1.59 per share and currently has a dividend yield of 7.15%. CWEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 233.82%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CWEN will have a dividend payout ratio of 176.67% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CWEN.

What other stocks do shareholders of Clearway Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clearway Energy investors own include Pfizer (PFE), AbbVie (ABBV), AT&T (T), Enterprise Products Partners (EPD), Advanced Micro Devices (AMD), Abbott Laboratories (ABT), CVS Health (CVS), General Electric (GE), Target (TGT) and Bank of America (BAC).

Who are Clearway Energy's major shareholders?

Clearway Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Apollo Management Holdings L.P. (0.59%), First Trust Advisors LP (0.45%), Foresight Group Ltd Liability Partnership (0.38%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.34%), Victory Capital Management Inc. (0.29%) and Westwood Holdings Group Inc. (0.18%). Insiders that own company stock include Christopher S Sotos, E Stanley Oneal and Infrastructure Investor Global.
View institutional ownership trends
.

How do I buy shares of Clearway Energy?

Shares of CWEN 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 (NYSE:CWEN) was last updated on 2/26/2024 by MarketBeat.com Staff