NYSE:CWEN Clearway Energy (CWEN) Stock Forecast, Price & News $28.73 -0.54 (-1.84%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$28.38▼$28.8650-Day Range$28.73▼$32.1952-Week Range$28.38▼$41.79Volume954,588 shsAverage Volume693,310 shsMarket Capitalization$5.81 billionP/E Ratio5.45Dividend Yield5.22%Price Target$37.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Clearway Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside31.4% Upside$37.75 Price TargetShort InterestHealthy2.43% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.35Based on 5 Articles This WeekInsider TradingAcquiring Shares$2.24 M Bought Last QuarterProj. Earnings Growth-1.76%From $1.70 to $1.67 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.96 out of 5 starsOils/Energy Sector35th out of 249 stocksElectric Services Industry5th out of 40 stocks 3.3 Analyst's Opinion Consensus RatingClearway Energy has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.75, Clearway Energy has a forecasted upside of 31.4% from its current price of $28.73.Amount of Analyst CoverageClearway Energy has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.43% of the float of Clearway Energy has been sold short.Short Interest Ratio / Days to CoverClearway Energy has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Clearway Energy has recently decreased by 10.09%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipClearway Energy is a leading dividend payer. It pays a dividend yield of 5.12%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthClearway Energy has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Clearway Energy is 28.46%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Clearway Energy will have a dividend payout ratio of 89.82% in the coming year. This indicates that Clearway Energy may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CWEN. Previous Next 3.5 News and Social Media Coverage News SentimentClearway Energy has a news sentiment score of 1.35. 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 is a higher news sentiment than the 0.52 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Clearway Energy this week, compared to 2 articles on an average week.Search InterestOnly 12 people have searched for CWEN on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat Follows7 people have added Clearway Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Clearway Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,242,177.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.52% of the stock of Clearway Energy is held by insiders.Percentage Held by Institutions77.98% of the stock of Clearway Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Clearway Energy are expected to decrease by -1.76% in the coming year, from $1.70 to $1.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Clearway Energy is 5.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Clearway Energy is 5.45, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 50.28.Price to Book Value per Share RatioClearway Energy has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Clearway Energy (NYSE:CWEN) StockClearway 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.Read More 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. Email Address CWEN Stock News HeadlinesMay 30, 2023 | americanbankingnews.comClearway Energy, Inc. (NYSE:CWEN) to Issue Dividend Increase - $0.38 Per ShareMay 27, 2023 | americanbankingnews.comContrasting Clearway Energy (NYSE:CWEN) & Altus Power (NYSE:AMPS)June 1, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 22, 2023 | americanbankingnews.comAnalysts Set Clearway Energy, Inc. (NYSE:CWEN) PT at $38.33May 21, 2023 | americanbankingnews.comClearway Energy (NYSE:CWEN) Earns Hold Rating from Analysts at StockNews.comMay 4, 2023 | finance.yahoo.comClearway Energy (CWEN) Q1 2023 Earnings Call TranscriptMay 4, 2023 | finance.yahoo.comClearway Energy, Inc. Reports First Quarter 2023 Financial ResultsMay 3, 2023 | markets.businessinsider.comClearway Energy (CWEN) Receives a Rating Update from a Top AnalystJune 1, 2023 | Edge On The Street (Ad)The $193 Billion US-China War You Don't Know AboutThey're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.May 3, 2023 | americanbankingnews.comClearway Energy (CWEN) to Release Earnings on ThursdayMay 1, 2023 | msn.comWhat to Expect From Clearway Energy's (CWEN) Q1 Earnings?April 28, 2023 | finance.yahoo.comEnergy Transfer (ET) to Post Q1 Earnings: What's in Store?April 27, 2023 | americanbankingnews.comClearway Energy, Inc. (NYSE:CWEN) Receives Consensus Rating of "Moderate Buy" from BrokeragesApril 19, 2023 | finance.yahoo.comInvestors Heavily Search Clearway Energy, Inc. (CWEN): Here is What You Need to KnowApril 10, 2023 | finance.yahoo.comClearway Energy, Inc. to Report First Quarter 2023 Financial Results on May 4, 2023April 7, 2023 | americanbankingnews.comClearway Energy, Inc. (NYSE:CWEN) Director Buys $2,242,177.00 in StockMarch 13, 2023 | finance.yahoo.comCWEN vs. VWDRY: Which Stock Is the Better Value Option?March 12, 2023 | seekingalpha.comClearway Energy: Healthy And Growing But Not My FavoriteFebruary 25, 2023 | seekingalpha.comClearway Energy, Inc. (CWEN) Q4 2022 Earnings Call TranscriptFebruary 24, 2023 | finance.yahoo.comCWEN or VWDRY: Which Is the Better Value Stock Right Now?February 24, 2023 | finance.yahoo.comClearway Energy (CWEN) Q4 Earnings Beat Estimates, Sales MissFebruary 23, 2023 | finance.yahoo.comClearway Energy, Inc. Reports Full Year 2022 Financial ResultsFebruary 16, 2023 | finance.yahoo.comClearway Energy, Inc. Increases Quarterly Dividend to $0.3745 per ShareFebruary 1, 2023 | finance.yahoo.comClearway Energy, Inc. to Report Fourth Quarter 2022 Financial Results on February 23, 2023January 17, 2023 | nasdaq.comCWEN Makes Bullish Cross Above Critical Moving AverageJanuary 12, 2023 | finance.yahoo.comClearway Energy (CWEN) Outpaces Stock Market Gains: What You Should KnowDecember 6, 2022 | finance.yahoo.com3 Alternative Energy Stocks to Buy Amid U.S.-EU Trade RiftSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address CWEN Company Calendar Last Earnings11/04/2021Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Today5/31/2023Ex-Dividend for 6/15 Dividend5/31/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:CWEN CUSIPN/A CIK1567683 Webwww.clearwayenergy.com Phone(609) 608-1525FaxN/AEmployees304Year FoundedN/APrice Target and Rating Average Stock Price Forecast$37.75 High Stock Price Forecast$40.00 Low Stock Price Forecast$35.00 Forecasted Upside/Downside+31.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$5.27 Trailing P/E Ratio5.45 Forward P/E Ratio16.90 P/E GrowthN/ANet Income$582 million Net Margins48.58% Pretax Margin105.06% Return on Equity-9.85% Return on Assets-3.23% Debt Debt-to-Equity Ratio1.63 Current Ratio2.02 Quick Ratio1.94 Sales & Book Value Annual Sales$1.19 billion Price / Sales4.88 Cash Flow$1.26 per share Price / Cash Flow22.76 Book Value$20.55 per share Price / Book1.40Miscellaneous Outstanding Shares202,070,000Free Float201,024,000Market Cap$5.81 billion OptionableOptionable Beta0.73 Key ExecutivesChristopher S. SotosPresident, Chief Executive Officer & DirectorSarah RubensteinExecutive VP, Chief Financial & Accounting OfficerKevin P. MalcarneySecretary, Executive VP & General CounselMichael MurphyChief Investment Officer & SVPAkil MarshHead-Investor RelationsKey CompetitorsBrookfield RenewableNYSE:BEPCNextEra Energy PartnersNYSE:NEPOrmat TechnologiesNYSE:ORAAtlantica Sustainable InfrastructureNASDAQ:AYReNew Energy GlobalNASDAQ:RNWView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 1,759 shares on 5/26/2023Ownership: 0.005%Westover Capital Advisors LLCSold 1,163 shares on 5/22/2023Ownership: 0.017%HNP Capital LLCSold 770 shares on 5/18/2023Ownership: 0.028%Rockefeller Capital Management L.P.Bought 28,495 shares on 5/17/2023Ownership: 0.073%Castellan GroupBought 77,590 shares on 5/17/2023Ownership: 0.038%View All Insider TransactionsView All Institutional Transactions CWEN Stock - Frequently Asked Questions Should I buy or sell Clearway Energy stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clearway Energy in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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? 4 brokers have issued 1 year price objectives for Clearway Energy's shares. Their CWEN share price forecasts range from $35.00 to $40.00. On average, they expect the company's stock price to reach $37.75 in the next year. This suggests a possible upside of 31.4% 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 on January 1st, 2023. Since then, CWEN stock has decreased by 9.9% and is now trading at $28.73. View the best growth stocks for 2023 here. Are investors shorting Clearway Energy? Clearway Energy saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,960,000 shares, a decrease of 10.1% from the April 30th total of 2,180,000 shares. Based on an average daily volume of 846,800 shares, the days-to-cover ratio is presently 2.3 days. Currently, 2.4% of the company's stock are sold short. 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 Tuesday, August 1st 2023. View our CWEN earnings forecast. How were Clearway Energy's earnings last quarter? Clearway Energy, Inc. (NYSE:CWEN) posted its quarterly earnings results on Thursday, November, 4th. The company reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.70 by $0.52. The company earned $351 million during the quarter, compared to the consensus estimate of $439.19 million. Clearway Energy had a net margin of 48.58% and a negative trailing twelve-month return on equity of 9.85%. The company's revenue for the quarter was up 9.0% on a year-over-year basis. During the same period last year, the business posted $0.31 earnings per share. How often does Clearway Energy pay dividends? What is the dividend yield for Clearway Energy? Clearway Energy announced a quarterly dividend on Wednesday, May 3rd. Investors of record on Thursday, June 1st will be paid a dividend of $0.382 per share on Thursday, June 15th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date is Wednesday, May 31st. This is a positive change from the stock's previous quarterly dividend of $0.38. Read our dividend analysis for CWEN. What ETFs hold Clearway Energy's stock? ETFs with the largest weight of Clearway Energy (NYSE:CWEN) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), BNY Mellon Global Infrastructure Income ETF (BKGI), Virtus Duff & Phelps Clean Energy ETF (VCLN), ClearBridge Sustainable Infrastructure ETF (INFR), ALPS Clean Energy ETF (ACES), Global SuperDividend US ETF (DIV), Fidelity Clean Energy ETF (FRNW) and Invesco DWA Utilities Momentum ETF (PUI). 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 5.13%. 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 28.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, CWEN will have a dividend payout ratio of 89.82% 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." Who are Clearway Energy's major shareholders? Clearway Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (1.39%), 1832 Asset Management L.P. (1.15%), HITE Hedge Asset Management LLC (0.59%), Brookfield Corp ON (0.48%), ClearBridge Investments Ltd (0.33%) and First Trust Advisors LP (0.30%). 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 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 $28.73. How much money does Clearway Energy make? Clearway Energy (NYSE:CWEN) has a market capitalization of $5.81 billion and generates $1.19 billion in revenue each year. The company earns $582 million in net income (profit) each year or $5.27 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 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Clearway Energy, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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