NYSE:CWEN Clearway Energy - CWEN Stock Forecast, Price & News 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. $31.33 +0.40 (+1.29%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$30.87▼$31.4050-Day Range$29.17▼$34.4452-Week Range$28.94▼$41.79Volume1.42 million shsAverage Volume949,062 shsMarket Capitalization$6.33 billionP/E Ratio6.28Dividend Yield4.79%Price Target$37.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Clearway Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside20.5% Upside$37.75 Price TargetShort InterestHealthy2.85% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.15Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-8.72%From $1.95 to $1.78 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.2.28 out of 5 starsOils/Energy Sector127th out of 239 stocksElectric Services Industry22nd out of 40 stocks 2.3 Analyst's Opinion Consensus RatingClearway Energy has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 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 20.5% from its current price of $31.33.Amount of Analyst CoverageClearway Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.85% 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 3.4, 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 0.43%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipClearway Energy is a leading dividend payer. It pays a dividend yield of 4.84%, 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 30.06%. 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 84.27% 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 2.9 News and Social Media Coverage News SentimentClearway Energy has a news sentiment score of 1.15. 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 0.40 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Clearway Energy this week, compared to 1 article on an average week.Search InterestOnly 12 people have searched for CWEN on MarketBeat in the last 30 days. This is a decrease of -76% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Clearway Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Clearway Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.55% 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 -8.72% in the coming year, from $1.95 to $1.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Clearway Energy is 6.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Clearway Energy is 6.28, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 75.46.Price to Earnings Growth RatioClearway Energy has a PEG Ratio of 1.59. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioClearway Energy has a P/B Ratio of 1.57. 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 HeadlinesMarch 31, 2023 | americanbankingnews.comAnalysts Set Clearway Energy, Inc. (NYSE:CWEN) PT at $38.33March 13, 2023 | finance.yahoo.comCWEN vs. VWDRY: Which Stock Is the Better Value Option?April 2, 2023 | Legacy Research (Affiliate) (Ad)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...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 ResultsApril 2, 2023 | Legacy Research (Affiliate) (Ad)Bear market expert makes new predictionNobody 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.February 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 RiftDecember 4, 2022 | finance.yahoo.com3 Dividend Stocks to Buy Hand Over Fist Before 2022 EndsNovember 22, 2022 | finance.yahoo.comDuke Energy commercial renewables group buys 100MW solar project in MississippiNovember 16, 2022 | finance.yahoo.comClearway Energy, Inc. (NYSE:CWEN.A) Shares Could Be 44% Below Their Intrinsic Value EstimateNovember 11, 2022 | finance.yahoo.comWhat's in the Cards for FREYR Battery (FREY) in Q3 Earnings?October 28, 2022 | benzinga.comMerck, Impinj, Clearway Energy And This Defense Play Are CNBC's 'Final Trades'October 10, 2022 | finance.yahoo.comClearway Energy, Inc. to Report Third Quarter 2022 Financial Results on November 2, 2022September 21, 2022 | finance.yahoo.comClearway Energy, Inc. Provides Operational Update on El Segundo Energy CenterSeptember 19, 2022 | seekingalpha.comClearway Energy, Atlantica Yield cut at BofA on rising yieldco rate riskSeptember 16, 2022 | finance.yahoo.comIs Now The Time To Put Clearway Energy (NYSE:CWEN.A) On Your Watchlist?September 5, 2022 | finance.yahoo.comDINO vs. CWEN: Which Stock Is the Better Value Option?September 5, 2022 | seekingalpha.comClearway Energy: YieldCo Offers Exposure To New Clean Energy BoomSeptember 2, 2022 | seekingalpha.comClearway Energy: A Recent Partnership Keeps The Bulls In ChargeAugust 31, 2022 | finance.yahoo.comMy Favorite Growth Stocks for These Uncertain TimesSee 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 Earnings2/23/2023Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Today4/02/2023Next Earnings (Estimated)5/04/2023Fiscal 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+20.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$4.99 Trailing P/E Ratio6.28 Forward P/E Ratio16.07 P/E Growth1.59Net Income$582 million Net Margins48.91% Pretax Margin107.73% Return on Equity-11.33% Return on Assets-3.49% Debt Debt-to-Equity Ratio1.61 Current Ratio2.07 Quick Ratio1.99 Sales & Book Value Annual Sales$1.19 billion Price / Sales5.32 Cash Flow$1.30 per share Price / Cash Flow24.09 Book Value$19.93 per share Price / Book1.57Miscellaneous Outstanding Shares201,970,000Free Float200,862,000Market Cap$6.33 billion OptionableOptionable Beta0.72 Key ExecutivesChristopher S. SotosPresident, Chief Executive Officer & DirectorSarah RubensteinSenior 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 & InstitutionsNeo Ivy Capital ManagementBought 22,504 shares on 3/27/2023Ownership: 0.011%Insight Advisors LLC PABought 1,695 shares on 2/21/2023Ownership: 0.010%Macquarie Group Ltd.Sold 578 shares on 2/21/2023Ownership: 0.000%Linden Thomas Advisory Services LLCBought 18,641 shares on 2/17/2023Ownership: 0.009%FWL Investment Management LLCSold 2,400 shares on 2/16/2023Ownership: 0.022%View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Clearway Energy's stock? ETFs with the largest weight of Clearway Energy (NYSE:CWEN) stock in their portfolio include BNY Mellon Global Infrastructure Income ETF (BKGI), Virtus Duff & Phelps Clean Energy ETF (VCLN), ALPS Clean Energy ETF (ACES), Global SuperDividend US ETF (DIV), Invesco DWA Utilities Momentum ETF (PUI), Fidelity Clean Energy ETF (FRNW), RiverFront Dynamic US Dividend Advantage ETF (RFDA) and Fidelity Stocks For Inflation ETF (FCPI). 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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