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DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:CWEN

Clearway Energy Stock Forecast, Price & News

$33.78
-0.55 (-1.60 %)
(As of 01/15/2021 08:00 PM ET)
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Today's Range
$33.26
Now: $33.78
$34.31
50-Day Range
$29.27
MA: $32.05
$36.52
52-Week Range
$16.12
Now: $33.78
$37.23
Volume53,608 shs
Average Volume906,463 shs
Market Capitalization$6.81 billion
P/E Ratio93.83
Dividend Yield3.77%
Beta0.62
Clearway Energy, Inc., through its subsidiaries, acquires, owns, and operates contracted renewable energy and conventional generation, and thermal infrastructure assets in the United States. As of October 12, 2020, it had contracted generation portfolio of 7,000 megawatts (MWs) of wind, solar, and natural gas-fired power generation facilities, as well as district energy systems. The company also owns thermal infrastructure assets with an aggregate steam and chilled water capacity of 1,530 net MW thermal equivalent; and electric generation capacity of 139 net MWs. Its thermal infrastructure assets provide steam, hot water and/or chilled water, and electricity to commercial businesses, universities, hospitals, and governmental units. Clearway Energy, Inc. was founded in 2012 and is based in Princeton, New Jersey.
Clearway Energy logo

MarketRank

Overall MarketRank

0.97 out of 5 stars

Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 0.8Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone609-608-1525
Employees307

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.03 billion
Cash Flow$2.41 per share
Book Value$11.38 per share

Profitability

Net Income$-11,000,000.00

Miscellaneous

Market Cap$6.81 billion
Next Earnings Date2/25/2021 (Estimated)
OptionableOptionable
$33.78
-0.55 (-1.60 %)
(As of 01/15/2021 08:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Clearway Energy (NYSE:CWEN) Frequently Asked Questions

How has Clearway Energy's stock been impacted by Coronavirus?

Clearway Energy's stock was trading at $21.34 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CWEN shares have increased by 58.3% and is now trading at $33.78.
View which stocks have been most impacted by COVID-19
.

Is Clearway Energy a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearway Energy in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Clearway Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CWEN, but not buy additional shares or sell existing shares.
View analyst ratings for Clearway Energy
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Clearway Energy?

Wall Street analysts have given Clearway Energy a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Clearway Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Clearway Energy's next earnings date?

Clearway Energy is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Clearway Energy
.

How were Clearway Energy's earnings last quarter?

Clearway Energy, Inc. (NYSE:CWEN) posted its quarterly earnings data on Thursday, November, 5th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by $0.42. The company had revenue of $322 million for the quarter, compared to analysts' expectations of $377.64 million. Clearway Energy had a return on equity of 2.27% and a net margin of 3.81%. Clearway Energy's revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.36 earnings per share.
View Clearway Energy's earnings history
.

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

Clearway Energy announced a quarterly dividend on Friday, November 6th. Investors of record on Tuesday, December 1st will be given a dividend of $0.318 per share on Tuesday, December 15th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date of this dividend is Monday, November 30th. This is a positive change from Clearway Energy's previous quarterly dividend of $0.31.
View Clearway Energy's dividend history
.

Is Clearway Energy a good dividend stock?

Clearway Energy pays an annual dividend of $1.27 per share and currently has a dividend yield of 3.77%.
View Clearway Energy's dividend history.

What price target have analysts set for CWEN?

4 brokers have issued 1-year price targets for Clearway Energy's shares. Their forecasts range from $26.00 to $35.00. On average, they anticipate Clearway Energy's share price to reach $29.00 in the next twelve months. This suggests that the stock has a possible downside of 14.2%.
View analysts' price targets for Clearway Energy
or view Wall Street analyst' top-rated stocks.

Are investors shorting Clearway Energy?

Clearway Energy saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 4,000,000 shares, an increase of 21.6% from the December 15th total of 3,290,000 shares. Based on an average trading volume of 706,000 shares, the days-to-cover ratio is currently 5.7 days. Approximately 5.3% of the company's shares are short sold.
View Clearway Energy's Short Interest
.

Who are some of Clearway Energy's key competitors?

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 key executives?

Clearway Energy's management team includes the following people:
  • Mr. Christopher S. Sotos, Pres, CEO & Director (Age 50, Pay $1.53M)
  • Mr. Chad S. Plotkin, Sr. VP & CFO (Age 46, Pay $732.1k)
  • Mr. Kevin P. Malcarney, Sr. VP, Gen. Counsel & Corp. Sec. (Age 54, Pay $481.64k)

What is Clearway Energy's stock symbol?

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

Who are Clearway Energy's major shareholders?

Clearway Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include OneAscent Financial Services LLC (0.01%) and Endurance Wealth Management Inc. (0.01%). Company insiders that own Clearway Energy stock include Chad Plotkin, Christopher S Sotos, Infrastructure Investor Global and Kevin P Malcarney.
View institutional ownership trends for Clearway Energy
.

Which institutional investors are selling Clearway Energy stock?

CWEN stock was sold by a variety of institutional investors in the last quarter, including Endurance Wealth Management Inc..
View insider buying and selling activity for Clearway Energy
or view top insider-selling stocks.

Which institutional investors are buying Clearway Energy stock?

CWEN stock was purchased by a variety of institutional investors in the last quarter, including OneAscent Financial Services LLC. Company insiders that have bought Clearway Energy stock in the last two years include Chad Plotkin, Christopher S Sotos, Infrastructure Investor Global, and Kevin P Malcarney.
View insider buying and selling activity for Clearway Energy
or or view top insider-buying stocks.

How do I buy shares of Clearway Energy?

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.

What is Clearway Energy's stock price today?

One share of CWEN stock can currently be purchased for approximately $33.78.

How big of a company is Clearway Energy?

Clearway Energy has a market capitalization of $6.81 billion and generates $1.03 billion in revenue each year. The company earns $-11,000,000.00 in net income (profit) each year or ($0.10) on an earnings per share basis. Clearway Energy employs 307 workers across the globe.

What is Clearway Energy's official website?

The official website for Clearway Energy is www.clearwayenergy.com.

How can I contact Clearway Energy?

Clearway Energy's mailing address is 300 CARNEGIE CENTER SUITE 300, PRINCETON NJ, 08540. The company can be reached via phone at 609-608-1525 or via email at [email protected]

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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