Constellation Energy Corporation (CEG)
| Market Cap | 59.36B |
| Revenue (ttm) | 24.92B |
| Net Income (ttm) | 1.62B |
| Shares Out | 315.12M |
| EPS (ttm) | 5.01 |
| PE Ratio | 37.60 |
| Forward PE | 25.19 |
| Dividend | $1.41 (0.75%) |
| Ex-Dividend Date | Mar 7, 2024 |
| Volume | 1,447,115 |
| Open | 186.92 |
| Previous Close | 188.01 |
| Day's Range | 185.63 - 189.38 |
| 52-Week Range | 74.91 - 198.83 |
| Beta | 0.74 |
| Analysts | Buy |
| Price Target | 168.57 (-10.51%) |
| Earnings Date | May 9, 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 8 analysts, the average rating for CEG stock is "Buy." The 12-month stock price forecast is $168.57, which is a decrease of -10.51% from the latest price.
News
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
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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).
Constellation Remains No. 1 Producer of Carbon-Free Energy, New Report Confirms
BALTIMORE--(BUSINESS WIRE)--Annual air emissions report confirms Constellation is the nation's largest producer of clean, carbon-free energy.
Constellation Awards $500,000 to Clean Energy, Community-based Student Projects Through Energy to Educate Program
BALTIMORE--(BUSINESS WIRE)--Constellation awarded more than $500,000 in Energy to Educate grants for hands-on student projects.
Three value stock picks from a veteran manager with a good performance record
For many years through 2022, it was becoming more difficult for active fund managers to make the case for their services, when broad index funds, with lower fees, were performing so well. But the tech...
Constellation Energy raises annual profit target, extreme weather boosts demand
Constellation Energy on Monday posted a quarterly profit and raised its annual core profit forecast, as the utility benefits from lower operating expenses and higher electricity demand due to extreme ...
Constellation Reports Third Quarter 2023 Results
BALTIMORE--(BUSINESS WIRE)--Constellation Energy Corporation (Nasdaq: CEG) today reported its financial results for the third quarter of 2023. “Our continued strong performance this quarter is the res...
Constellation Energy Corporation Declares Dividend
BALTIMORE--(BUSINESS WIRE)--The Board of Directors of Constellation Energy Corporation (Nasdaq: CEG) declared a quarterly dividend of $0.282 per share on Constellation's common stock. The dividend is ...
Constellation to Play Key Role in $1 Billion Clean Hydrogen Hub Awarded by U.S. Department of Energy
BALTIMORE--(BUSINESS WIRE)--Constellation poised to build world's largest nuclear-powered clean hydrogen facility at its LaSalle Clean Energy Center in Illinois.
Oil and Gas Stocks Topped S&P 500 Returns This Quarter as Crude Prices Surged
Oil and gas companies featured heavily in the list of top-performing S&P 500 companies in the third quarter, as rising crude prices lifted the outlook for profits.