Constellation Energy Corporation (CEG)

NASDAQ: CEG · IEX Real-Time Price · USD
84.75
-0.66 (-0.77%)
Feb 2, 2023, 10:02 AM EST - Market open
-0.77%
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]

Sector Utilities
Founded 1999
Employees 11,696
Stock Exchange NASDAQ
Ticker Symbol CEG
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$103.26
(21.84% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

2 days ago - Business Wire

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") ...

Other symbols: KWR
2 days ago - PRNewsWire

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.

Other symbols: AGRFENEEXLU
3 weeks ago - CNBC Television

Jim Cramer predicts these ten S&P 500 stocks will perform well in 2023

Cramer named 10 stocks listed in the S&P 500 that he believes could perform well this year.

1 month ago - CNBC

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.

1 month ago - Business Insider

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.

Other symbols: SRE
1 month ago - CNBC

Constellation Energy CEO on the company's ability to produce clean hydrogen

Cramer spoke with Constellation Energy CEO Joe Dominguez on Monday.

1 month ago - CNBC Television

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...

1 month ago - Yahoo Finance

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...

Other symbols: AROXYSGFYTPL
2 months ago - Investopedia

Constellation Reports Third Quarter 2022 Results

BALTIMORE--(BUSINESS WIRE)--Constellation Energy Corporation today reported its financial results for the third quarter of 2022.

3 months ago - Business Wire

Constellation Energy Corporation Declares Dividend

BALTIMORE, Md.

3 months ago - Business Wire

Constellation Appoints Nneka L. Rimmer to Its Board of Directors

BALTIMORE--(BUSINESS WIRE)--Constellation announced today the election of Nneka L.

3 months ago - Business Wire

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.

Other symbols: ENPH
4 months ago - CNBC Television

Jim Cramer goes over the best and worst Q3 performers in the S&P 500

Cramer said he wouldn't touch this stock with a 10 foot pole.

4 months ago - CNBC

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...

Other symbols: CRM
4 months ago - GuruFocus

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 ...

Other symbols: HSYKDPXLP
4 months ago - CNBC Television

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.

Other symbols: DDUKETREXCNEENISRE
4 months ago - Forbes

The 5 Best—and 5 Worst—S&P 500 Stocks in the Third Quarter

The market has had a terrible run. Barron's takes a look at the winners and losers this quarter.

4 months ago - Barrons

The 5 Best—and 5 Worst—Nasdaq 100 Stocks in Third Quarter

Constellation Energy was the best performer in the Nasdaq 100 for the third quarter. Okta was the worst.

4 months ago - Barrons

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.

4 months ago - Business Wire

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 ...

Other symbols: PPG
4 months ago - Business Wire

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

4 months ago - Business Wire

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...

Other symbols: AESNRGPCGSWX
5 months ago - GuruFocus

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...

5 months ago - Business Wire