Clearway Energy, Inc. (CWEN)

NYSE: CWEN · IEX Real-Time Price · USD
23.93
-0.08 (-0.33%)
Feb 20, 2024, 4:00 PM EST - Market closed
-0.33%
Market Cap 1.97B
Revenue (ttm) 1.33B
Net Income (ttm) 54.00M
Shares Out 82.39M
EPS (ttm) 0.46
PE Ratio 51.87
Forward PE 18.07
Dividend $1.61 (6.74%)
Ex-Dividend Date Feb 29, 2024
Volume 593,206
Open 23.79
Previous Close 24.01
Day's Range 23.74 - 24.12
52-Week Range 18.59 - 32.92
Beta 1.00
Analysts Strong Buy
Price Target 29.67 (+23.99%)
Earnings Date Feb 22, 2024

About CWEN

Clearway Energy, Inc. operates in the renewable energy business in the United States. The company operates through Conventional, Renewables, and Thermal segments. It has approximately 5,500 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. ope... [Read more]

Sector Utilities
IPO Date Jul 17, 2013
Employees 58
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 4 analysts, the average rating for CWEN stock is "Strong Buy." The 12-month stock price forecast is $29.67, which is an increase of 23.99% from the latest price.

Price Target
$29.67
(23.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Clearway Energy, Inc. Increases Quarterly Dividend to $0.4033 per Share

PRINCETON, N.J., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced that on February 14, 2024, its Board of Directors declared a quarterly dividend on each of...

5 days ago - GlobeNewsWire

Clearway Energy, Inc. to Report Fourth Quarter 2023 Financial Results on February 22, 2024

PRINCETOWN, N.J., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Fourth Quarter 2023 financial results on Thursday, February 22, 2024. Management will pre...

27 days ago - GlobeNewsWire

11 dividend stocks with high yields expected to be well supported in 2024 per strict criteria

Investors have different approaches to stock dividends. Some have no interest in current income and would prefer companies to focus on growing their businesses, rather than distributing cash to shareh...

7 weeks ago - Market Watch

Jenny Harrington's top dividend picks for 2024: OGN, NYCB, WHR, CWEN, OKE, CCI and STX

Jenny Harrington, Gilman Hill Asset Management CEO, discusses her top dividend picks for 2024.

Other symbols: CCINYCBOGNOKESTXWHR
2 months ago - CNBC Television

Carlyle Group and WP Carey Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK, Nov. 27, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Thursday, November 30...

Other symbols: BANCSPGIWORWPC
3 months ago - PRNewsWire

Clearway Energy, Inc. Reports Third Quarter 2023 Financial Results

PRINCETON, N.J., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today reported third quarter 2023 financial results, including Net Income of $15 million, Adjusted EBITDA ...

3 months ago - GlobeNewsWire

Clearway Energy, Inc. to Report Third Quarter 2023 Financial Results on November 2, 2023

PRINCETON, N.J., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Third Quarter 2023 financial results on Thursday, November 2, 2023. Management will presen...

4 months ago - GlobeNewsWire

Power Up: 6 Utility Stocks Yielding Up To 8.9%

Utility stocks are the OG dividend payers. They're delightfully dull.

Other symbols: AYNEPNWESPHUGI
5 months ago - Forbes

Clearway Energy, Inc. Reports Second Quarter 2023 Financial Results

PRINCETON, N.J., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today reported second quarter 2023 financial results, including Net Income of $84 million, Adjusted EBITDA...

7 months ago - GlobeNewsWire

Clearway Energy, Inc. Provides Update on Second Quarter 2023 Wind Production

PRINCETON, N.J., July 13, 2023 (GLOBE NEWSWIRE) --  Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”) today announced that wind production for its fleet in the second quarter of 2023 was approxim...

7 months ago - GlobeNewsWire

Why The Best Dividend Stocks Are Hated By Analysts

Analyst ratings are a wonderful contrarian indicator.

Other symbols: AAPLMATNEP
9 months ago - Forbes

Clearway Energy, Inc. Reports First Quarter 2023 Financial Results

PRINCETON, N.J., May 04, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today reported first quarter 2023 financial results, including Net Loss of $(40) million, Adjusted EBITDA o...

10 months ago - GlobeNewsWire

Clearway Energy, Inc. Appoints Sarah Rubenstein as Chief Financial Officer

PRINCETON, N.J., April 17, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”) today announced the internal appointment of Sarah Rubenstein as Executive Vice President and ...

11 months ago - GlobeNewsWire

Clearway Energy, Inc. to Report First Quarter 2023 Financial Results on May 4, 2023

PRINCETON, N.J., April 10, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report First Quarter 2023 financial results on Thursday, May 4, 2023. Management will present th...

11 months ago - GlobeNewsWire

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 year ago - GlobeNewsWire

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 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Clearway Energy, Inc. Reports Third Quarter 2022 Financial Results

PRINCETON, N.J., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today reported third quarter 2022 financial results, including Net Income of $62 million, Adjusted EBITDA ...

1 year ago - GlobeNewsWire

Final Trades: Merck, Defense, Clearway Energy & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: MRKITAPI
1 year ago - CNBC Television

Clearway Energy, Inc. to Report Third Quarter 2022 Financial Results on November 2, 2022

PRINCETON, N.J., Oct. 10, 2022 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Third Quarter 2022 financial results on Wednesday, November 2, 2022. Management will prese...

1 year ago - GlobeNewsWire

7 Topflight Green Energy Stocks Investors Need To Know For 2022

The Inflation Reduction Act allocates $369 billion toward fighting climate change by funding and developing green energy. We examine stocks like Tesla, First Solar, Brookfield Renewable, and others fo...

Other symbols: BEPFSLRNEEPLUGSTEMTSLA
1 year ago - Forbes

Clearway Energy, Inc. Provides Operational Update on El Segundo Energy Center

PRINCETON, N.J., Sept. 21, 2022 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”) today announced that beginning on August 29th, the El Segundo Energy Center began a forced ou...

1 year ago - GlobeNewsWire

4 Non-Cyclical Stocks With High Earnings Yields

Investors may want to consider the following non-cyclical stocks as their earnings yields (as calculated by Joel Greenblatt (Trades, Portfolio)'s method) are outperforming the 20-year high-quality mar...

Other symbols: ANDECELULFVN
1 year ago - GuruFocus

Clearway Energy, Inc. Announces Resource Adequacy Agreement for El Segundo Energy Center

PRINCETON, N.J., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”) today announced that it has contracted for the El Segundo Energy Center to sell Resource Adequ...

1 year ago - GlobeNewsWire

Clearway Energy, Inc. Reports Second Quarter 2022 Financial Results

PRINCETON, N.J., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today reported second quarter 2022 financial results, including Net Income of $1,149 million, Adjusted EBI...

1 year ago - GlobeNewsWire