Clearway Energy/CWEN

$23.49

1.86%
-
1D1W1MYTD1YMAX

About Clearway Energy

Clearway Energy, Inc. is a renewable energy company. The Company invests in energy infrastructures and focuses on investments in clean energy and owns modern, sustainable and long-term contracted assets across North America. The Company’s businesses are segregated based on conventional power generation and renewable businesses, which consist of solar, wind and energy storage. It owns approximately 6,000 net megawatts (MW) of installed wind, solar and energy storage projects. The Company's approximately 8,500 net MW of assets also includes approximately 2,500 net MW of natural gas-fired generation facilities. Its conventional projects include Carlsbad, El Segundo, GenConn Devon, GenConn Middletown, Marsh Landing and Walnut Creek. The Company’s utility scale solar projects include Agua Caliente, Alpine, Avenal, Avra Valley, Blythe, Borrego, Buckthorn Solar, CVSR, Daggett 2, Daggett 3, Desert Sunlight 250, Kansas South and others. Its wind projects include Black Rock and Buffalo Bear.

Ticker

CWEN

Sector

Utilities

Trading on

NYSE

Industry

Electric Utilities

CEO

Christopher Sotos

Employees

61

Headquarters

Princeton, United States

Clearway Energy Metrics

BasicAdvanced
$4.48B
Market cap
31.41
P/E ratio
$0.68
EPS
0.96
Beta
$1.54
Dividend rate
7.61%
Dividend yield
$4.48B
0.95562
$30.48
$17.47
229.45K
$1.54
1.722
1.661
356.143
382.714
227.85%
101.219
0.86%
-0.1%
3.65%
-0.13%
31.412
3.412
2.041
29.495
4.47%
7.26%
7.61%
10.42%
-86.43%
3.1%
46.32%
13.6%

What the Analysts think about Clearway Energy

Analyst Ratings

Majority rating from 11 analysts.
Buy

Price Targets

Average projection from 11 analysts.
22.69% upside
High $34.00
Low $23.00
$23.49
Current price
$28.82
Average price target

Clearway Energy Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
14.85% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$249M
-32.88%
Net income
$37M
825%
Profit margin
14.85%
1,287.85%

Clearway Energy Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 726.67%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-
$0.33
$0.03
$0.31
-
Expected
-$0.37
$0.60
$0.66
$0.04
-$0.25
Surprise
-
-45.15%
-95.42%
726.67%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Clearway Energy stock?

Clearway Energy (CWEN) has a market cap of $4.48B as of April 23, 2024.

What is the P/E ratio for Clearway Energy stock?

The price to earnings (P/E) ratio for Clearway Energy (CWEN) stock is 31.41 as of April 23, 2024.

Does Clearway Energy stock pay dividends?

Yes, the Clearway Energy (CWEN) stock pays dividends to shareholders. As of April 23, 2024, the dividend rate is $1.54 and the yield is 7.61%. Clearway Energy has a payout ratio of 227.85% on a trailing twelve-month basis.

When is the next Clearway Energy dividend payment date?

The next Clearway Energy (CWEN) dividend payment date is unconfirmed.

What is the beta indicator for Clearway Energy?

Clearway Energy (CWEN) has a beta rating of 0.96. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Clearway Energy stock price target?

The target price for Clearway Energy (CWEN) stock is $28.82, which is 21.96% above the current price of $23.63. This is an average based on projections from 11 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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