Clearway Energy Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Clearway Energy in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" Clearway Energy stock.
View analyst ratings for Clearway Energy or view top-rated stocks.

7 brokers have issued 1-year price targets for Clearway Energy's stock. Their CWEN stock forecasts range from $36.00 to $44.00. On average, they predict Clearway Energy's stock price to reach $37.80 in the next year. This suggests a possible upside of 6.1% from the stock's current price.
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Clearway Energy's stock was trading at $36.03 on January 1st, 2022. Since then, CWEN stock has decreased by 1.1% and is now trading at $35.63.
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Clearway Energy is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Clearway Energy.

Clearway Energy, Inc. (NYSE:CWEN) announced its quarterly earnings results on Thursday, May, 5th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.12) by $0.16. The business had revenue of $214 million for the quarter, compared to analyst estimates of $244.91 million. Clearway Energy had a net margin of 1.27% and a trailing twelve-month return on equity of 0.52%.
View Clearway Energy's earnings history.

Clearway Energy announced a quarterly dividend on Thursday, May 5th. Shareholders of record on Wednesday, June 1st will be given a dividend of $0.354 per share on Wednesday, June 15th. This represents a $1.42 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date is Tuesday, May 31st. This is a boost from Clearway Energy's previous quarterly dividend of $0.35.
View Clearway Energy's dividend history.

Clearway Energy(NYSE:CWEN) pays an annual dividend of $1.41 per share and currently has a dividend yield of 3.96%. CWEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Clearway Energy has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Clearway Energy is 1,084.62%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Clearway Energy will have a dividend payout ratio of 160.23% in the coming year. This indicates that Clearway Energy may not be able to sustain their current dividend.
View Clearway Energy's dividend history.

Some companies that are related to Clearway Energy include DTE Energy (DTE), Edison International (EIX), Entergy (ETR), Fortis (FTS), FirstEnergy (FE), CLP (CLPHY), PPL (PPL), CenterPoint Energy (CNP), EDP - Energias de Portugal (EDPFY), Avangrid (AGR), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Korea Electric Power (KEP), Engie Brasil Energia (EGIEY), Vistra (VST) and China Resources Power (CRPJY).
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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).

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

Shares of CWEN 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.
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One share of CWEN stock can currently be purchased for approximately $35.63.

Clearway Energy (NYSE:CWEN) has a market capitalization of $7.20 billion and generates $1.29 billion in revenue each year. The company earns $51 million in net income (profit) each year or $0.13 on an earnings per share basis.

Clearway Energy employs 304 workers across the globe.

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