Clearway Energy, Inc. (CWEN)
Class C Shares
Stock Price:
$29.81 USD
0.37 (1.26%)
Updated Oct 23, 2020 3:32 PM EDT - Market open
Key Info
| Market Cap |
10.69B |
| Revenue (ttm) |
1.12B |
| Net Income (ttm) |
51.00M |
| Shares Out |
80.60M |
| EPS (ttm) |
0.46 |
| PE Ratio |
64.80 |
| Forward PE |
33.33 |
| Dividend |
$1.25 |
| Dividend Yield |
4.19% |
Stock Quote
| Trading Day |
Oct 23, 2020 |
| Last Price |
$29.81 |
| Previous Close |
$29.44 |
| Change ($) |
0.37 |
| Change (%) |
1.26% |
| Day's Open |
29.50 |
| Day's Range |
29.22 - 29.98 |
| Day's Volume |
325,869 |
| 52-Week Range |
16.12 - 31.00 |
More Stats
| Market Cap |
10.69B |
| Enterprise Value |
17.50B |
| Earnings Date (est) |
Nov 5, 2020 |
| Ex-Dividend Date |
Aug 31, 2020 |
| Shares Outstanding |
80.60M |
| Float |
75.17M |
| EPS (basic) |
0.45 |
| EPS (diluted) |
0.46 |
| FCF / Share |
3.36 |
| Dividend |
$1.25 |
| Dividend Yield |
4.19% |
| Earnings Yield |
1.54% |
| FCF Yield |
3.61% |
| Payout Ratio |
182.20% |
| Shares Short |
4.92M |
| Short Ratio |
7.38 |
| Short % of Float |
6.55% |
| Beta |
0.92 |
| PE Ratio |
64.80 |
| Forward PE |
33.33 |
| P/FCF Ratio |
27.70 |
| PS Ratio |
9.56 |
| PB Ratio |
3.20 |
| Revenue |
1.12B |
| Operating Income |
278.00M |
| Net Income |
51.00M |
| Free Cash Flow |
386.00M |
| Net Cash |
-6.81B |
| Net Cash / Share |
-18.99 |
| Gross Margin |
61.72% |
| Operating Margin |
24.87% |
| Profit Margin |
4.60% |
| FCF Margin |
34.53% |
| ROA |
2.36% |
| ROE |
-2.05% |
| ROIC |
3.70% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (8)
| Buy |
2 |
| Overweight |
0 |
| Hold |
6 |
| Underweight |
0 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$27.43*
(-7.98% downside)
Low
22.0
Current: $29.81
High
33.0
Target: 27.43
*Average 12-month price target from 7 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|
| Revenue | 1,032 | 1,053 | 1,009 | 1,035 | 968 | 828 | 387 | 175 | 164 |
| Revenue Growth | -1.99% | 4.36% | -2.51% | 6.92% | 16.91% | 113.95% | 121.14% | 6.71% | - |
| Gross Profit | 690 | 721 | 683 | 727 | 645 | 551 | 239 | 61.00 | 56.00 |
| Operating Income | 224 | 347 | 283 | 222 | 326 | 306 | 158 | 29.00 | 28.00 |
| Net Income | -11.00 | 48.00 | -16.00 | 57.00 | 33.00 | 16.00 | 67.00 | 12.00 | 15.00 |
| Shares Outstanding | 109 | 104 | 99.00 | 98.00 | 84.00 | 56.00 | 46.00 | - | - |
| Earnings Per Share | -0.10 | 0.46 | -0.16 | 0.58 | 0.40 | 0.30 | 0.29 | - | - |
| EPS Growth | - | - | - | 45% | 33.33% | 3.45% | - | - | - |
| Dividend Per Share | 0.80 | 1.26 | 1.10 | 0.95 | 0.82 | 0.71 | 0.12 | - | - |
| Dividend Growth | -36.41% | 14.57% | 16.19% | 15.24% | 15.49% | 517.39% | - | - | - |
| Operating Cash Flow | 477 | 498 | 517 | 577 | 425 | 362 | 120 | 56.00 | 33.00 |
| Capital Expenditures | -228 | -83.00 | -190 | -20.00 | -29.00 | -60.00 | -353 | -564 | -132 |
| Free Cash Flow | 249 | 415 | 327 | 557 | 396 | 302 | -233 | -508 | -99.00 |
| Cash & Equivalents | 417 | 583 | 329 | 514 | 259 | 482 | 133 | 51.00 | - |
| Total Debt | 7,099 | 6,003 | 6,047 | 6,128 | 5,693 | 5,050 | 1,830 | 887 | - |
| Net Cash / Debt | -6,682 | -5,420 | -5,718 | -5,614 | -5,434 | -4,568 | -1,697 | -836 | - |
| Assets | 9,700 | 8,500 | 8,489 | 8,962 | 8,689 | 7,860 | 3,238 | 1,964 | - |
| Liabilities | 7,437 | 6,276 | 6,330 | 6,363 | 5,951 | 5,235 | 1,986 | 1,124 | - |
| Book Value | 1,850 | 1,822 | 1,747 | 1,850 | 1,841 | 1,234 | 629 | 840 | - |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Clearway Energy, Inc. |
| Country |
United States |
| Employees |
307 |
| CEO |
Christopher S. Sotos |
Stock Information
| Ticker Symbol |
CWEN |
| Stock Exchange |
New York Stock Exchange |
| Share Class |
Class C Shares |
| Sector |
Utilities |
| Industry |
Utilities—Renewable |
| Unique Identifier |
NYSE: CWEN |
| IPO Date |
July 17, 2013 |
Description
Clearway Energy, through its subsidiaries, acquires, owns, and operates contracted renewable energy and conventional generation, and thermal infrastructure assets in the United States. As of December 31, 2019, it had contracted generation portfolio of 5,875 net megawatts (MWs) of wind, solar, and natural gas-fired power generation facilities, as well as district energy systems. The company also owns thermal infrastructure assets with an aggregate steam and chilled water capacity of 1,530 net MW thermal equivalent; and electric generation capacity of 139 net MWs. Its thermal infrastructure assets provide steam, hot water and/or chilled water, and electricity to commercial businesses, universities, hospitals, and governmental units. Clearway Energy, Inc. was founded in 2012 and is based in Princeton, New Jersey.