NYSE:CWEN - Clearway Energy Stock Price, News & Analysis

$17.90
+0.33 (+1.88 %)
(As of 08/18/2019 01:01 PM ET)
Today's Range
$17.36
Now: $17.90
$17.96
50-Day Range
$16.71
MA: $17.53
$18.32
52-Week Range
$12.12
Now: $17.90
$20.75
Volume556,600 shs
Average Volume646,004 shs
Market Capitalization$3.46 billion
P/E Ratio38.91
Dividend Yield4.55%
Beta1.23
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 December 31, 2018, it had contracted generation portfolio of 5,272 net megawatts (MWs) of wind, solar, and natural gas-fired power generation facilities, as well as district energy systems. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.05 billion
Cash Flow$2.4930 per share
Book Value$10.62 per share

Profitability

Net Income$52 million

Miscellaneous

Employees269
Market Cap$3.46 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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Clearway Energy (NYSE:CWEN) Frequently Asked Questions

What is Clearway Energy's stock symbol?

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

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

Clearway Energy announced a quarterly dividend on Thursday, August 1st. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.20 per share on Tuesday, September 17th. This represents a $0.80 annualized dividend and a yield of 4.47%. The ex-dividend date is Friday, August 30th. View Clearway Energy's Dividend History.

How were Clearway Energy's earnings last quarter?

Clearway Energy Inc (NYSE:CWEN) issued its quarterly earnings results on Tuesday, August, 6th. The company reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.62. The business had revenue of $284 million for the quarter, compared to analyst estimates of $316.49 million. Clearway Energy had a negative net margin of 8.90% and a negative return on equity of 4.14%. The business's quarterly revenue was down 7.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.77 EPS. View Clearway Energy's Earnings History.

When is Clearway Energy's next earnings date?

Clearway Energy is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Clearway Energy.

What price target have analysts set for CWEN?

4 brokerages have issued twelve-month price objectives for Clearway Energy's shares. Their forecasts range from $11.00 to $16.00. On average, they expect Clearway Energy's share price to reach $13.50 in the next twelve months. This suggests that the stock has a possible downside of 24.6%. View Analyst Price Targets for Clearway Energy.

What is the consensus analysts' recommendation for Clearway Energy?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearway Energy in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Clearway Energy.

What are Wall Street analysts saying about Clearway Energy stock?

Here are some recent quotes from research analysts about Clearway Energy stock:
  • 1. Evercore ISI analysts commented, "We update our FY19 EBITDA and CAFD forecasts to $970m and $160m from $994m and $181m, respectively. Our ’20/’21 EBITDA and CAFD estimates remain unchanged at $1,007m/$1,010m and $200m/$209m, respectively. We continue to exclude $90m of cash dividends from the PG&E assets from our forecast. Our 2019 forecast now reflects latest management guidance including YTD headwinds as well as contributions from the committed growth investments (including Hawaii solar acquisition, the Mylan CHP project, and DG investments), lower financing, cost savings and O&M management. Management increased its pro-forma CAFD outlook to $300m from $295m based on Repowering 1 improvements. Our ‘20/’21 forecast remains unchanged. Our 12-month price target up to $17.50 from $16/share, reflecting an improved risk weighting of our downside and upside case scenarios for how PCG treats CWEN’s contracts in bankruptcy." (8/11/2019)
  • 2. According to Zacks Investment Research, "In the last six months shares of Clearway Energy have outperformed its industry. Clearway Energy is poised to gain from long-lived renewable assets. Focus on North American assets saves the company from foreign-exchange fluctuations and sovereign risks. The strategic acquisition of assets and planned capital expenditure to further expand renewable generation will help the company to maintain its generation portfolio in compliance with environmental regulations. However, Clearway Energy generates a substantial volume of electricity from renewable sources, subject to favorable weather conditions that could not be assured always. Dependence on performance of third-party transmission lines may impact its performance. High debt level of the company is a concern. " (7/19/2019)

Has Clearway Energy been receiving favorable news coverage?

Media coverage about CWEN stock has been trending negative on Sunday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Clearway Energy earned a news sentiment score of -2.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Clearway Energy.

Are investors shorting Clearway Energy?

Clearway Energy saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 3,940,000 shares, an increase of 16.6% from the June 30th total of 3,380,000 shares. Based on an average daily trading volume, of 616,700 shares, the short-interest ratio is presently 6.4 days. Approximately 5.9% of the shares of the company are sold short. View Clearway Energy's Current Options Chain.

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 AT&T (T), Philip Morris International (PM), AbbVie (ABBV), Boeing (BA), Enterprise Products Partners (EPD), General Electric (GE), Main Street Capital (MAIN), Wells Fargo & Co (WFC), ARBOR RLTY TR I/SH (ABR) and Johnson & Johnson (JNJ).

Who are Clearway Energy's key executives?

Clearway Energy's management team includes the folowing people:
  • Mr. Christopher S. Sotos, Pres, CEO & Director (Age 48)
  • Mr. Chad S. Plotkin, Sr. VP & CFO (Age 44)
  • Ms. Mary-Lee Stillwell, VP & Chief Accounting Officer (Age 45)
  • Mr. Kevin P. Malcarney, Sr. VP, Gen. Counsel & Corp. Sec. (Age 52)
  • Mr. Kevin L. Cole CFA, Sr. VP of Investor Relations

Who are Clearway Energy's major shareholders?

Clearway Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Reaves W H & Co. Inc. (0.56%), Robeco Institutional Asset Management B.V. (0.41%), Great Lakes Advisors LLC (0.11%), AQR Capital Management LLC (0.10%), First Trust Advisors LP (0.08%) and D. E. Shaw & Co. Inc. (0.08%). 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 major investors are selling Clearway Energy stock?

CWEN stock was sold by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., AQR Capital Management LLC, W.E. Donoghue & Co. LLC, Reaves W H & Co. Inc., Brookstone Capital Management, Cubist Systematic Strategies LLC, Quantamental Technologies LLC and M.D. Sass Investors Services Inc.. View Insider Buying and Selling for Clearway Energy.

Which major investors are buying Clearway Energy stock?

CWEN stock was acquired by a variety of institutional investors in the last quarter, including Great Lakes Advisors LLC, Fortress Investment Group LLC, Alps Advisors Inc., AMP Capital Investors Ltd, First Trust Advisors LP, Kayne Anderson Capital Advisors LP, Amundi Pioneer Asset Management Inc. and Natixis. 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 for Clearway Energy.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Clearway Energy's stock price today?

One share of CWEN stock can currently be purchased for approximately $17.90.

How big of a company is Clearway Energy?

Clearway Energy has a market capitalization of $3.46 billion and generates $1.05 billion in revenue each year. The company earns $52 million in net income (profit) each year or $0.46 on an earnings per share basis. Clearway Energy employs 269 workers across the globe.View Additional Information About Clearway Energy.

What is Clearway Energy's official website?

The official website for Clearway Energy is http://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]


MarketBeat Community Rating for Clearway Energy (NYSE CWEN)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  80 (Vote Outperform)
Underperform Votes:  96 (Vote Underperform)
Total Votes:  176
MarketBeat's community ratings are surveys of what our community members think about Clearway Energy and other stocks. Vote "Outperform" if you believe CWEN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CWEN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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