Clearway Energy, Inc. (CWEN)

NYSE: CWEN · IEX Real-Time Price · USD
31.53
+0.33 (1.06%)
Mar 30, 2023, 9:35 AM EDT - Market open
1.06%
Market Cap 6.37B
Revenue (ttm) 1.19B
Net Income (ttm) 582.00M
Shares Out 198.97M
EPS (ttm) 4.99
PE Ratio 6.25
Forward PE 34.13
Dividend $1.46 (4.62%)
Ex-Dividend Date Feb 28, 2023
Volume 12,729
Open 31.01
Previous Close 31.20
Day's Range 31.41 - 31.53
52-Week Range 28.94 - 41.79
Beta 0.82
Analysts Buy
Price Target 40.18 (+27.43%)
Earnings Date May 4, 2023

About CWEN

Clearway Energy, Inc. operates in the renewable energy business in the United States. It has approximately 5,000 net megawatts (MW) of installed wind and solar generation projects; and approximately 2,500 net MW of natural gas generation facilities. The company was formerly known as NRG Yield, Inc. and changed its name to Clearway Energy, Inc. in August 2018. Clearway Energy, Inc. was incorporated in 2012 and is based in Princeton, New Jersey. Clearway Energy, Inc. is a subsidiary of Clearway Energy Group LLC. [Read more]

Sector Utilities
IPO Date Jul 17, 2013
Employees 304
Stock Exchange NYSE
Ticker Symbol CWEN
Full Company Profile

Financial Performance

In 2022, CWEN's revenue was $1.19 billion, a decrease of -7.47% compared to the previous year's $1.29 billion. Earnings were $582.00 million, an increase of 1041.18%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for CWEN stock is "Buy." The 12-month stock price forecast is $40.18, which is an increase of 27.43% from the latest price.

Price Target
$40.18
(27.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The 7 Best Clean Energy Stocks to Buy in 2023

Clean energy stocks are expected to see continued growth. According to the U.S. Energy Information Administration, U.S. power generation from new renewables (primarily wind and solar) is expected to r...

Other symbols: ALBAMSCARRYMTZSOLTAC
3 days ago - InvestorPlace

3 Top Stock Picks to Profit From the Energy Boom

According to the International Energy Agency, the “new industrial age” powered by the green energy boom could become an industry worth over $650 billion by 2030. Moreover, related jobs in the sector a...

Other symbols: BEPNEE
5 days ago - InvestorPlace

CWEN vs. VWDRY: Which Stock Is the Better Value Option?

CWEN vs. VWDRY: Which Stock Is the Better Value Option?

2 weeks ago - Zacks Investment Research

CWEN or VWDRY: Which Is the Better Value Stock Right Now?

CWEN vs. VWDRY: Which Stock Is the Better Value Option?

1 month ago - Zacks Investment Research

Clearway Energy (CWEN) Q4 Earnings Beat Estimates, Sales Miss

Clearway Energy's (CWEN) fourth-quarter earnings are better than estimates and the company continues to expand its renewable portfolio.

1 month ago - Zacks Investment Research

Clearway Energy (CWEN) Beats Q4 Earnings Estimates

Clearway Energy (CWEN) delivered earnings and revenue surprises of 111.36% and 14.43%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Clearway Energy, Inc. Reports Full Year 2022 Financial Results

PRINCETON, N.J., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today reported full year 2022 financial results, including Net Income of $1,060 million, Adjusted EBITDA o...

1 month ago - GlobeNewsWire

Is This a Good Time to Invest in Dividend Stocks?

Dividends may not be the only things you should be hunting for.

Other symbols: CINFFSBWOZK
1 month ago - Zacks Investment Research

Clearway Energy (CWEN) to Report Q4 Earnings: What to Expect

Clearway Energy's (CWEN) fourth-quarter earnings are likely to have benefited from its acquired assets.

1 month ago - Zacks Investment Research

7 Renewable Energy Stocks to Buy as Climate Change Takes Center Stage

The bullish case for renewable energy stocks to buy centers on a math problem: what happens if we run out of critical raw materials? To be fair, many people have fear mongered about this topic and I'm...

Other symbols: BEPCLNEENPHHNRGNEENRP
1 month ago - InvestorPlace

3 Alternative Energy Stocks to Watch Despite Lag in Hydrogen Investment

Increasing government funding in wind energy and higher investment in the EV market aid alternative energy stocks' growth despite lower hydrogen investment. You may watch VWDRY, CWEN & BE.

Other symbols: BE
1 month ago - Zacks Investment Research

Clearway Energy (CWEN) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

Clearway Energy (CWEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Clearway Energy, Inc. Increases Quarterly Dividend to $0.3745 per Share

PRINCETON, N.J., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced that its Board of Directors declared a quarterly dividend on each of the Company's Class A...

1 month ago - GlobeNewsWire

7 Energy Stocks to Invest in for a Greener Portfolio

Although the issue remains a point of contention, increasingly, government agencies and a consensus of scientists have urged society to adopt a cleaner approach to infrastructure, thus boding well for...

Other symbols: BEPCCJCEGHTOONEPTAC
1 month ago - InvestorPlace

Has Clearway Energy (CWEN) Outpaced Other Oils-Energy Stocks This Year?

Here is how Clearway Energy (CWEN) and Energy Transfer LP (ET) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Clearway Energy, Inc. to Report Fourth Quarter 2022 Financial Results on February 23, 2023

PRINCETON, N.J., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Fourth Quarter 2022 financial results on Thursday, February 23, 2023. Management will pres...

2 months ago - GlobeNewsWire

7 Renewable Energy Stocks That Will Be Big Winners in 2023

Renewable energy stocks represent a necessary mechanism to address environmental viability.

Other symbols: BEPENPHNEEORASTEMWAVE
2 months ago - InvestorPlace

CWEN or ORA: Which Is the Better Value Stock Right Now?

CWEN vs. ORA: Which Stock Is the Better Value Option?

Other symbols: ORA
2 months ago - Zacks Investment Research

7 Top-Rated Utility Stocks to Warm Up Your Portfolio

Utility stocks are on the move, so this may be an ideal time to jump into or add to an existing position. Whether you're an optimist or a pessimist, it would be silly not to account for the possibilit...

Other symbols: AEEAEPAESATOETLNG
2 months ago - InvestorPlace

CWEN vs. ORA: Which Stock Is the Better Value Option?

CWEN vs. ORA: Which Stock Is the Better Value Option?

Other symbols: ORA
3 months ago - Zacks Investment Research

3 Alternative Energy Stocks to Buy Amid U.S.-EU Trade Rift

Solid investment in hydrogen development and increasing wind energy capacity additions amid the U.S-EU trade dispute are likely to impact alternative energy stocks. You may buy TPL, DINO and CWEN.

Other symbols: DINOTPL
4 months ago - Zacks Investment Research

CWEN or AMRC: Which Is the Better Value Stock Right Now?

CWEN vs. AMRC: Which Stock Is the Better Value Option?

Other symbols: AMRC
4 months ago - Zacks Investment Research

Best Income Stocks to Buy for November 18th

WHF and CWEN made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 18, 2022.

Other symbols: WHF
4 months ago - Zacks Investment Research

New Strong Buy Stocks for November 18th

VIRC, TCRT, AINC, CWEN and WHF have been added to the Zacks Rank #1 (Strong Buy) List on November 18, 2022.

Other symbols: AINCTCRTVIRCWHF
4 months ago - Zacks Investment Research

CWEN vs. AMRC: Which Stock Is the Better Value Option?

CWEN vs. AMRC: Which Stock Is the Better Value Option?

Other symbols: AMRC
4 months ago - Zacks Investment Research