Constellation Energy Corporation (CEG)
| Market Cap | 64.99B |
| Revenue (ttm) | 23.51B |
| Net Income (ttm) | 2.41B |
| Shares Out | 315.23M |
| EPS (ttm) | 7.50 |
| PE Ratio | 27.49 |
| Forward PE | 27.17 |
| Dividend | $1.41 (0.68%) |
| Ex-Dividend Date | May 29, 2024 |
| Volume | 1,904,481 |
| Open | 203.46 |
| Previous Close | 205.05 |
| Day's Range | 203.10 - 211.80 |
| 52-Week Range | 89.85 - 236.30 |
| Beta | 0.79 |
| Analysts | Buy |
| Price Target | 231.11 (+12.11%) |
| Earnings Date | Aug 1, 2024 |
About CEG
Constellation Energy Corporation generates and sells electricity in the United States. It operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. The company sells natural gas, energy-related products, and sustainable solutions. It has approximately 33,094 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for CEG stock is "Buy." The 12-month stock price forecast is $231.11, which is an increase of 12.11% from the latest price.
News
Exclusive: Constellation talking to Pennsylvania on Three Mile Island restart, sources say
Constellation Energy is in talks with the Pennsylvania governor's office and state lawmakers to help fund a possible restart of part of its Three Mile Island power facility, the site of a nuclear melt...
Utility Stocks Outperform: 2 Standouts Deliver Impressive Returns In 2024
While the broader market had its ups and downs in the first half of 2024, two utility stocks have defied expectations, delivering stellar returns and significantly outpacing their peers.
Super Micro and Nvidia lead the S&P 500 this year. These stocks follow.
This has been a very good year for the stock market as a whole, although the performance of broad U.S. indexes also underscores how important the weighting of an index can be.
AI Mania Has Electrified These 2 Utility Stocks. They Aren't Cheap Anymore.
Vistra and Constellation Energy are among the best performing stocks in the S&P 500 this year, along with AI darlings Nvidia and Super Micro.
Constellation's 2024 Sustainability Report Showcases Work to Advance Clean Energy Future, Uplift Communities
BALTIMORE--(BUSINESS WIRE)--Constellation's 2024 Sustainability Report highlights its strategy focused on accelerating the nation's transition to a carbon-free energy future.
Eight Stocks To Buy In A Nuclear Renaissance
Investors keen to build exposure to what could become the $1.5 trillion revival of nuclear power could do a lot worse than follow the eight stock-exchange listed companies on the buy list of leading i...
Constellation Reports First Quarter 2024 Results
BALTIMORE--(BUSINESS WIRE)--Constellation Energy Corporation (Nasdaq: CEG) today reported its financial results for the first quarter of 2024.
Constellation Energy Corporation Declares Dividend
BALTIMORE--(BUSINESS WIRE)--The Board of Directors of Constellation Energy Corporation (Nasdaq: CEG) declared a quarterly dividend of $0.3525 per share on Constellation's common stock. The dividend is...
Morgan Stanley analyst weighs in on AI stocks to watch
AI has been quite the buzz on Wall Street recently as top tech companies with heavy investments in AI have led the recent rally seen in the market. With more and more companies getting involved in AI,...
Constellation Seeks License to Operate Dresden Clean Energy Center for an Additional 20 Years
BALTIMORE--(BUSINESS WIRE)--Constellation has filed a subsequent license renewal application with the Nuclear Regulatory Commission for its Dresden Clean Energy Center.
Constellation Energy CEO Sees AI Fueling Nuclear Resurgence
"We need firm, reliable power as much as we need clean power," Constellation Energy President and CEO Joseph Dominguez says while discussing the resurgence of nuclear power on Bloomberg Television.
KeyBanc's Sophie Karp shares her top utility picks including Constellation and Dominion Energy
Sophie Karp, KeyBanc Capital Markets, joins 'Fast Money' to talk tomorrow's inflation report and what's ahead for energy prices and her top utility stock picks.
Moody's Upgrades Constellation's Credit Rating as Policy Support and Growing Demand for Clean Energy Fuel Strong Financial Performance
BALTIMORE--(BUSINESS WIRE)--Constellation's credit rating has been upgraded by the credit rating firm Moody's Investor Services.
Constellation Offers Nation's First Corporate Green Bond for Nuclear Energy
BALTIMORE--(BUSINESS WIRE)--Constellation issued the first corporate green bond in the United States that can be used to finance nuclear energy projects.
Constellation Energy's 2024 profit forecast beats estimates on tax credit benefits
Constellation Energy gave a better-than-expected full-year profit forecast on Tuesday, as the U.S. electric utility bets on growing clean energy demand and benefits from tax credits in the Inflation R...
Constellation Reports Fourth Quarter and Full Year 2023 Results
BALTIMORE--(BUSINESS WIRE)--Constellation Energy Corporation today reported its financial results for the fourth quarter and full year 2023.
Constellation Forecasts Strong Earnings Growth in 2024 and Beyond as Demand and Support for Clean Energy Builds
BALTIMORE--(BUSINESS WIRE)--Constellation will host a virtual investor and analyst event via webcast today to lay out a forecast for earnings growth.
Constellation Seeks License Renewal of Clinton Clean Energy Center for Additional 20 Years
BALTIMORE--(BUSINESS WIRE)--Constellation filed a license renewal application with the Nuclear Regulatory Commission for its Clinton Clean Energy Center in Clinton, Ill.
National Grid, Constellation Energy agree on LNG supply deal for Mass. facility
Britain's National Grid on Friday said it reached an agreement with gas-supplier Constellation Energy that would allow it to keep operating its Everett gas-import terminal for six years.
XGS Energy Secures $9.7M in New Financing Led by Constellation Technology Ventures
PALO ALTO, Calif.--(BUSINESS WIRE)-- #cleantech--New financing led by Constellation Technology Ventures will advance XGS Energy's prototype and first commercial geothermal energy projects.
Keep Your Eye On These 5 Dividend-Growth Masters
As inflation calms down, these dividend stocks are going to fire up. I'm talking about five stocks with payouts popping between 33% and 100% per year.
Top 2 Utilities Stocks That Could Blast Off In December - Eco Wave Power Global (NASDAQ:WAVE), Constellation Energy (NASDAQ:CEG)
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
Constellation Joins Climate Leaders at COP28; Signs Industry Pledge to Triple Nuclear Energy by 2050
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Constellation (Nasdaq: CEG), the largest producer of carbon-free energy in the U.S., kicked off its participation in the COP28 climate summit by joining a...
Center for Energy Workforce Development Recognizes Constellation with Community Partnership Award
BALTIMORE--(BUSINESS WIRE)--Constellation received the Community Partnership Award from The Center for Energy Workforce Development (CEWD).