Constellation Energy Corporation (CEG)

NASDAQ: CEG · Real-Time Price · USD
235.42
+0.84 (0.36%)
At close: Nov 20, 2024, 4:00 PM
236.00
+0.58 (0.25%)
Pre-market: Nov 21, 2024, 5:46 AM EST
0.36%
Market Cap 73.63B
Revenue (ttm) 23.98B
Net Income (ttm) 2.86B
Shares Out 312.77M
EPS (ttm) 9.02
PE Ratio 26.11
Forward PE 26.84
Dividend $1.41 (0.60%)
Ex-Dividend Date Nov 15, 2024
Volume 2,352,942
Open 238.14
Previous Close 234.58
Day's Range 232.14 - 241.40
52-Week Range 109.44 - 288.75
Beta 0.78
Analysts Buy
Price Target 285.75 (+21.38%)
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]

Sector Utilities
Founded 1999
Employees 13,871
Stock Exchange NASDAQ
Ticker Symbol CEG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for CEG stock is "Buy." The 12-month stock price forecast is $285.75, which is an increase of 21.38% from the latest price.

Price Target
$285.75
(21.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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13 hours ago - Seeking Alpha

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...

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4 days ago - CNBC

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...

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6 days ago - Seeking Alpha

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...

8 days ago - Seeking Alpha

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.

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9 days ago - Kiplinger

The Big 3: JPM, CEG, DJT

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15 days ago - Schwab Network

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...

16 days ago - Seeking Alpha

Final Trades: Starbucks, Freeport-McMoran, Constellation Energy and the XLU

The Investment Committee give you their top stocks to watch for the second half.

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16 days ago - CNBC Television

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.

16 days ago - Benzinga

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.

16 days ago - Kiplinger

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...

16 days ago - Reuters

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.

16 days ago - Investopedia

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...

16 days ago - Market Watch

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...

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16 days ago - Schwab Network

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.

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16 days ago - Benzinga

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.

16 days ago - Reuters

Constellation Reports Third Quarter 2024 Results

BALTIMORE--(BUSINESS WIRE)--Constellation Energy Corporation today reported its financial results for the third quarter of 2024.

16 days ago - Business Wire

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...

19 days ago - Business Wire

Very Good News For Big Dividend Infrastructure Stocks

Big dividend infrastructure stocks have surged recently. We discuss the two major catalysts for this surge. We also share several opportunities that remain very attractive in the space.

27 days ago - Seeking Alpha

Nuclear Expert on MSFT & CEG Reopening Three Mile Island, A.I. Boom

Nigam Arora shares his expertise as a nuclear physicist to discuss what makes Microsoft (MSFT) and Constellation Energy's (CEG) plan to reopen Three Mile Island so intriguing. As companies turn to nuc...

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4 weeks ago - Schwab Network

Evercore is bullish on utilities, upgrades from line to outperform

The surge in artificial intelligence has sparked a growing appetite for energy and power, creating a bullish environment for utilities (XLU). This trend has propelled the sector to outshine the broade...

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4 weeks ago - Yahoo Finance

Constellation Energy Stock Deserves 'Substantial Premium To The S&P 500' Says JPMorgan Analyst

As the largest producer of carbon-free power in the U.S., Constellation Energy Corp CEG is turning heads in the energy sector.

4 weeks ago - Benzinga

Constellation orders $100 million transformer for Three Mile Island restart

Constellation Energy has ordered a main power transformer for the Three Mile Island nuclear reactor it is trying to reopen in Pennsylvania, pushing ahead with work critical to the plant's revival, Reu...

5 weeks ago - Reuters

Constellation Foundation Launches $1M Environmental Initiative to Protect Natural Resources, Wildlife in Nuclear Plant Communities

BALTIMORE--(BUSINESS WIRE)--Constellation announced $1 million in grant funding through the Constellation Foundation to support 35 community-based environmental projects.

5 weeks ago - Business Wire

Utility Stocks Come Down From AI-Driven Highs

Shares of power generators Constellation Energy (CEG), NRG Energy (NRG), and Vistra (VST) posted some of the steepest losses in the S&P 500 on Wednesday. The declines came after all three stocks ended...

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6 weeks ago - Investopedia