S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
'War of the states': EV, chip makers lavished with subsidies
Biden To Unleash "Choke Point" Operation On America? (Ad)
Gas prices increase in NJ, around nation amid higher demand
Shipbuilder Austal executives accused of inflating earnings
Biden To Unleash "Choke Point" Operation On America? (Ad)
Lanterns and crescents: more retailers court Ramadan buyers
No more room for vroom? Paris votes on banishing e-scooters
The "King Of Quants" sees 10X potential... (Ad)
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
'War of the states': EV, chip makers lavished with subsidies
Biden To Unleash "Choke Point" Operation On America? (Ad)
Gas prices increase in NJ, around nation amid higher demand
Shipbuilder Austal executives accused of inflating earnings
Biden To Unleash "Choke Point" Operation On America? (Ad)
Lanterns and crescents: more retailers court Ramadan buyers
No more room for vroom? Paris votes on banishing e-scooters
The "King Of Quants" sees 10X potential... (Ad)
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
'War of the states': EV, chip makers lavished with subsidies
Biden To Unleash "Choke Point" Operation On America? (Ad)
Gas prices increase in NJ, around nation amid higher demand
Shipbuilder Austal executives accused of inflating earnings
Biden To Unleash "Choke Point" Operation On America? (Ad)
Lanterns and crescents: more retailers court Ramadan buyers
No more room for vroom? Paris votes on banishing e-scooters
The "King Of Quants" sees 10X potential... (Ad)
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
'War of the states': EV, chip makers lavished with subsidies
Biden To Unleash "Choke Point" Operation On America? (Ad)
Gas prices increase in NJ, around nation amid higher demand
Shipbuilder Austal executives accused of inflating earnings
Biden To Unleash "Choke Point" Operation On America? (Ad)
Lanterns and crescents: more retailers court Ramadan buyers
No more room for vroom? Paris votes on banishing e-scooters
The "King Of Quants" sees 10X potential... (Ad)
NYSE:CWEN

Clearway Energy - CWEN Stock Forecast, Price & News

$31.33
+0.40 (+1.29%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$30.87
$31.40
50-Day Range
$29.17
$34.44
52-Week Range
$28.94
$41.79
Volume
1.42 million shs
Average Volume
949,062 shs
Market Capitalization
$6.33 billion
P/E Ratio
6.28
Dividend Yield
4.79%
Price Target
$37.75

Clearway Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
20.5% Upside
$37.75 Price Target
Short Interest
Healthy
2.85% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.15mentions of Clearway Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-8.72%
From $1.95 to $1.78 Per Share

Overall MarketRank

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

2.28 out of 5 stars

Oils/Energy Sector

127th out of 239 stocks

Electric Services Industry

22nd out of 40 stocks


CWEN stock logo

About Clearway Energy (NYSE:CWEN) Stock

Clearway Energy, Inc. engages in the ownership of contracted renewable and conventional generation facilities and thermal infrastructure assets. It operates through the following segments: Conventional Generation, Thermal, Renewable, and Corporate. The Renewable segment include solar and wind business. The Corporate segment consists company's corporate costs and include eliminating entries. The company was founded on December 20, 2012 and is headquartered in Princeton, NJ.

Receive CWEN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Clearway Energy and its competitors with MarketBeat's FREE daily newsletter.

CWEN Stock News Headlines

Analysts Set Clearway Energy, Inc. (NYSE:CWEN) PT at $38.33
Sell every Stock except ONE
Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...
CWEN or VWDRY: Which Is the Better Value Stock Right Now?
Bear market expert makes new prediction
Nobody believed Larry Benedict's prediction in February 2020. The DOW plunged 3.5%, and he told CNBC, "It seems like there's much more to come." Within a month, the market plummeted 34%. Then, nobody believed Larry at the start of last year, either. He predicted that "all the indexes will be negative for the year," with the Nasdaq leading the way. Once again, he was spot-on.
3 Dividend Stocks to Buy Hand Over Fist Before 2022 Ends
DINO vs. CWEN: Which Stock Is the Better Value Option?
My Favorite Growth Stocks for These Uncertain Times
See More Headlines
Receive CWEN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Clearway Energy and its competitors with MarketBeat's FREE daily newsletter.

CWEN Company Calendar

Last Earnings
2/23/2023
Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Today
4/02/2023
Next Earnings (Estimated)
5/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Fax
N/A
Employees
304
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$37.75
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$35.00
Forecasted Upside/Downside
+20.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$582 million
Pretax Margin
107.73%

Debt

Sales & Book Value

Annual Sales
$1.19 billion
Cash Flow
$1.30 per share
Book Value
$19.93 per share

Miscellaneous

Free Float
200,862,000
Market Cap
$6.33 billion
Optionable
Optionable
Beta
0.72

Key Executives

  • Christopher S. SotosChristopher S. Sotos
    President, Chief Executive Officer & Director
  • Sarah Rubenstein
    Senior VP, Chief Financial & Accounting Officer
  • Kevin P. Malcarney
    Secretary, Executive VP & General Counsel
  • Michael Murphy
    Chief Investment Officer & SVP
  • Akil Marsh
    Head-Investor Relations













CWEN Stock - Frequently Asked Questions

Should I buy or sell Clearway Energy stock right now?

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

What is Clearway Energy's stock price forecast for 2023?

6 analysts have issued 12 month price targets for Clearway Energy's shares. Their CWEN share price forecasts range from $35.00 to $40.00. On average, they expect the company's share price to reach $37.75 in the next year. This suggests a possible upside of 20.5% 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 2023?

Clearway Energy's stock was trading at $31.87 at the beginning of the year. Since then, CWEN stock has decreased by 1.7% and is now trading at $31.33.
View the best growth stocks for 2023 here
.

Are investors shorting Clearway Energy?

Clearway Energy saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 2,310,000 shares, an increase of 9.5% from the February 13th total of 2,110,000 shares. Based on an average daily volume of 615,300 shares, the days-to-cover ratio is currently 3.8 days. Approximately 2.9% of the company's shares 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 4th 2023.
View our CWEN earnings forecast
.

How were Clearway Energy's earnings last quarter?

Clearway Energy, Inc. (NYSE:CWEN) released its quarterly earnings results on Thursday, February, 23rd. The company reported $0.10 earnings per share for the quarter, beating analysts' consensus estimates of ($0.88) by $0.98. The business had revenue of $268 million for the quarter, compared to the consensus estimate of $313.21 million. Clearway Energy had a negative trailing twelve-month return on equity of 11.33% and a net margin of 48.91%.

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

Clearway Energy declared a quarterly dividend on Thursday, February 16th. Investors of record on Wednesday, March 1st will be given a dividend of $0.375 per share on Wednesday, March 15th. This represents a $1.50 dividend on an annualized basis and a yield of 4.79%. The ex-dividend date is Tuesday, February 28th. This is a boost from the stock's previous quarterly dividend of $0.37.
Read our dividend analysis for CWEN
.

Is Clearway Energy a good dividend stock?

Clearway Energy (NYSE:CWEN) pays an annual dividend of $1.50 per share and currently has a dividend yield of 4.84%. 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 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, CWEN will have a dividend payout ratio of 84.27% 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).

What is Clearway Energy's stock symbol?

Clearway Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CWEN."

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

What is Clearway Energy's stock price today?

One share of CWEN stock can currently be purchased for approximately $31.33.

How much money does Clearway Energy make?

Clearway Energy (NYSE:CWEN) has a market capitalization of $6.33 billion and generates $1.19 billion in revenue each year. The company earns $582 million in net income (profit) each year or $4.99 on an earnings per share basis.

How many employees does Clearway Energy have?

The company employs 304 workers across the globe.

How can I contact Clearway Energy?

Clearway Energy's mailing address is 300 CARNEGIE CENTER SUITE 300, PRINCETON NJ, 08540. The official website for the company is www.clearwayenergy.com. The company can be reached via phone at (609) 608-1525 or via email at investor.relations@clearwayenergy.com.

This page (NYSE:CWEN) was last updated on 4/2/2023 by MarketBeat.com Staff