Constellation Energy Corporation (CEG)
| Market Cap | 27.71B |
| Revenue (ttm) | 22.64B |
| Net Income (ttm) | -151.00M |
| Shares Out | 327.02M |
| EPS (ttm) | 2.15 |
| PE Ratio | 39.73 |
| Forward PE | 20.92 |
| Dividend | $0.56 (0.67%) |
| Ex-Dividend Date | Nov 14, 2022 |
| Volume | 135,910 |
| Open | 85.48 |
| Previous Close | 85.41 |
| Day's Range | 84.50 - 85.48 |
| 52-Week Range | 42.18 - 97.89 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 103.26 (+21.84%) |
| Earnings Date | Feb 16, 2023 |
About CEG
Constellation Energy Corporation generates and sells electricity in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It sells natural gas, renewable energy, and other energy-related products and services. The company has 32,400 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. Th... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for CEG stock is "Buy." The 12-month stock price forecast is $103.26, which is an increase of 21.84% from the latest price.
News
Constellation Marks First Anniversary with $1 Million “Powering Change” Workforce Development Initiative
BALTIMORE--(BUSINESS WIRE)--In celebration of its first anniversary as a stand-alone company on Feb. 2, Constellation (NASDAQ: CEG), the nation's largest producer of carbon-free energy, announced to...
Quaker Houghton supports clean energy with Constellation advancing its goal of achieving carbon neutrality
CONSHOHOCKEN, Pa. , Jan. 30, 2023 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) announced today that it has entered into a contract with Constellation to purchase Renewable Energy Certificates ("RECs") ...
Focus on unloved utility names, says KeyBanc's Sophie Karp
Sophie Karp, KeyBanc utilities analyst, joins 'Power Lunch' to discuss whether utilities have peaked and selective buys in the sector.
The 10 biggest winners in the S&P 500 this year were led by an oil giant Warren Buffett owns. The top stocks saw a combined $357 billion increase in market value.
About 70% of S&P 500 companies saw negative returns in 2022, which makes it all the more impressive for energy stocks to print such massive gains.
Jim Cramer says Constellation Energy and Sempra Energy are dependable utility stocks
Jim Cramer advised investors to consider adding shares of “steady-eddy” utility companies to their portfolios for their dependability.
Constellation Energy CEO on the company's ability to produce clean hydrogen
Cramer spoke with Constellation Energy CEO Joe Dominguez on Monday.
Inflation Reduction Act ‘puts nuclear on a level playing field': Constellation Energy CEO
Constellation Energy CEO Joe Dominguez joins Yahoo Finance Live anchors Julie Hyman and Brad Smith to discuss completing the separation of Exelon, the energy sector outperforming in the S&P 500, the I...
The Top (and Bottom) Five Stocks of 2022
Occidental Petroleum, Constellation Energy, Antero Resources, Texas Pacific Land, and Signify Health are the top stocks of the year. The bottom five are Affirm Holdings, AppLovin, Wayfair, Coinbase Gl...
Constellation Reports Third Quarter 2022 Results
BALTIMORE--(BUSINESS WIRE)--Constellation Energy Corporation today reported its financial results for the third quarter of 2022.
Constellation to Seek License Extensions for Two of its Zero-Carbon Nuclear Plants in Illinois
WARRENVILLE, Ill.
Constellation Appoints Nneka L. Rimmer to Its Board of Directors
BALTIMORE--(BUSINESS WIRE)--Constellation announced today the election of Nneka L.
Cramer says Constellation Energy and Enphase are two of the winners in the S&P 500 during Q3
Cramer went over the best and worst performing stocks during the third quarter in the S&P 500 on Tuesday.
Why Salesforce and Constellation Energy Have Huge Growth Tailwinds
As the old saying goes, a “rising tide lifts all boats,” referring to how most companies tend to benefit from a rising economy. While we certainly don't have a rising economy right now, the tide is st...
Consumer staple stocks tend to outperform in early recession phase, says RBC's Modi
Nik Modi, RBC Capital Markets, joins 'Power Lunch' to discuss if the consumer staples sector is a safe bet for investors, the difference between a consumer staple and consumer discretionary stock and ...
9 Top Utilities Stocks, A Great Place To Invest During A Recession
Investing in utilities shares can be a great way to limit downside risk and collect a healthy dividend in turbulent times. Here are some of the best utilities to consider investing in right now.
Constellation Joins State and Federal Officials to Celebrate Progress on Nation's First Nuclear-Powered Clean Hydrogen Facility
OSWEGO, N.Y.--(BUSINESS WIRE)--U.S. DOE, NYSERDA and the New York State PSC joined Constellation to celebrate the nation's first nuclear-powered clean hydrogen production facility.
PPG to power Adrian, Michigan, automotive adhesives, sealants manufacturing facility with clean energy by 2024; advances decarbonization efforts
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced a 1.5 megawatt (MW) agreement with Constellation (NASDAQ: CEG) that will help PPG purchase clean, renewable energy equivalent to the annual ...
Constellation's Nuclear Plants Ran at Near 100% Capacity During Scorching Summer Months as Carbon-Free Energy Rises to Meet the Climate Challenge
BALTIMORE--(BUSINESS WIRE)--Customers of Constellation nuclear plants from the East Coast to the Midwest enjoyed some of the nation's highest levels of generation reliability
5 Utility Stocks Gurus Are Powering Up With
In light of August inflation numbers coming in hotter than expected, five utility stocks with high guru ownership and have outperformed the Standard & Poor's 500 index over the past month are Constell...
Air Emissions Report Confirms Constellation Produces the Most Carbon-Free Electricity and Has the Cleanest Generation Fleet Among Large Power Producers
BALTIMORE--(BUSINESS WIRE)--Constellation (Nasdaq: CEG), the nation's largest producer of carbon-free energy, has by far the lowest rate of carbon dioxide emissions among the 20 largest investor-owned...