Constellation Energy Corporation (CEG)
| Market Cap | 71.00B |
| Revenue (ttm) | 23.98B |
| Net Income (ttm) | 2.86B |
| Shares Out | 312.77M |
| EPS (ttm) | 9.02 |
| PE Ratio | 25.18 |
| Forward PE | 25.38 |
| Dividend | $1.41 (0.62%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 4,978,948 |
| Open | 221.82 |
| Previous Close | 225.17 |
| Day's Range | 219.64 - 231.70 |
| 52-Week Range | 109.44 - 288.75 |
| Beta | 0.71 |
| Analysts | Buy |
| Price Target | 283.33 (+24.8%) |
| Earnings Date | Nov 4, 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 12 analysts, the average rating for CEG stock is "Buy." The 12-month stock price forecast is $283.33, which is an increase of 24.80% from the latest price.
News
CEG, VST & GEV Key Nuclear Trades to Power A.I.
Eli Horton says his firm is investing in "large, structural themes." One of the biggest he's watching is the nuclear power.
Be a Nuclear Family! D.C. Households May Choose Clean Nuclear Energy with America's First-Ever Nuclear-Powered Consumer Energy Plan from Constellation
BALTIMORE--(BUSINESS WIRE)--Constellation announced the first-ever U.S. product allowing consumers to power their homes with 100% nuclear energy, through a new pilot program.
11 Closed-End Fund Buys In The Month Of November 2024
This month, I've added to 11 different positions, but most of these were related to repurchases after the BlackRock tender offers. While I added to 11 different positions, these were all positions I h...
Constellation Energy Stock Rises as Bank of America Upgrades the Shares
Constellation Energy (CEG) shares rose Thursday after Bank of America analysts upgraded the energy company's stock and lifted their price target to near Wall Street's average.
2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables
Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable comp...
Constellation Looks Set To Continue Its Rally: Buy Rating
Utilities, driven by Bitcoin mining and AI/data center demand, are growth engines now, with Constellation Energy Corp. (CEG) poised for a continued uptrend after a pullback./. Constellation's bullish ...
Constellation Energy seeks grid tariff rules for co-located data centers
Constellation Energy has called on the nation's largest grid operator to include in its tariff rules guidance for interconnected electricity suppliers to follow when supplying to data centers located ...
The Higher They Soar, The More I Buy
My favorite sector has performed extremely well in recent years. However, despite the incredible run it has been on, I think now is the best time yet to buy it. I share why and some of my top picks of...
Of 63 Fortune 500 Industry Leaders, 57 Pay Dividends, 38 Are Cash Rich And 1 Is A Buy
AT&T, Altria Group, and Energy Transfer are top buys with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal. Analysts forecast 15.47% to 28.33% net gains by Novem...
Three Mile Island restart could mark a turning point for nuclear energy as Big Tech influence on power industry grows
The Three Mile Island restart could mark a turning point for a nuclear industry that once faced a wave of power plant closures due to poor economics. The fortunes of the industry have shifted dramatic...
100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys
Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sust...
Constellation Energy: Don't Fear The Change In Government (Rating Downgrade)
Constellation Energy Corporation stock has been volatile due to regulatory concerns, but power demand is growing. The company is growing capacity through plant restarts and upgrades and projects 13% a...
Best Stocks to Buy for a Fed Rate Cut
Consider these stock and fund picks now that the Federal Reserve's rate-cutting campaign is underway.
The Big 3: JPM, CEG, DJT
It's Election Day, and Jessica Inskip looks at names that could move pending the outcome at the ballot boxes. She explains why she's bullish on JPMorgan Chase (JPM) and Constellation Energy (CEG) and ...
Constellation Energy Corporation (CEG) Q3 2024 Earnings Call Transcript
Constellation Energy Corporation (NASDAQ:CEG) Q3 2024 Earnings Conference Call November 4, 2024 10:00 AM ET Company Participants Emily Duncan - Senior Vice President of Investor Relations and Strateg...
Final Trades: Starbucks, Freeport-McMoran, Constellation Energy and the XLU
The Investment Committee give you their top stocks to watch for the second half.
Crude Oil Gains 3%; Constellation Energy Shares Tumble After Q3 Results
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 200 points on Monday.
Why Constellation Energy Stock Is Sliding After an Earnings Beat
Constellation Energy stock is lower Monday as a regulatory decision offsets the utility company's solid third-quarter earnings results.
Constellation pursuing data centers at power plants despite regulatory setback
Constellation Energy will continue to pursue deals to develop data centers on the sites of its U.S. power plants, days after federal regulators dealt a blow to the so-called co-located arrangements, c...
Constellation Energy Stock Slips as Regulatory Decision Outweighs Earnings Beat
Shares of Constellation Energy (CEG) tumbled Monday morning despite an earnings beat as a recent regulatory decision dragged nuclear energy stocks.
Why Constellation Energy's stock is seeing a record selloff despite profit beat
Shares of Constellation Energy Corp. were in danger of a record selloff on Monday and were headed for their lowest prices since before the nuclear-power company signed a 20-year power-purchasing agree...
TSLA Stalls on China Sales, CEG Sells Off, VKTX's Promising Weight Loss Drug Trial
After Tesla's (TSLA) earnings ripped the stock to the upside, lower-than-expected EV sales in China continued a notable downtrend since its report. Constellation Energy (CEG) sold off when its guidanc...
Napco Security Technologies Posts Downbeat Results, Joins Centrus Energy, Constellation Energy And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Monday.
Constellation Energy raises annual profit forecast on higher electricity demand
Electric utility Constellation Energy raised its full-year profit forecast and beat Wall Street estimates for third-quarter earnings on Monday, helped by higher power demand.
Constellation Reports Third Quarter 2024 Results
BALTIMORE--(BUSINESS WIRE)--Constellation Energy Corporation today reported its financial results for the third quarter of 2024.