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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

Stock Price Chart

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

Year201920182017201620152014201320122011
Revenue1,0321,0531,0091,035968828387175164
Revenue Growth-1.99%4.36%-2.51%6.92%16.91%113.95%121.14%6.71%-
Gross Profit69072168372764555123961.0056.00
Operating Income22434728322232630615829.0028.00
Net Income-11.0048.00-16.0057.0033.0016.0067.0012.0015.00
Shares Outstanding10910499.0098.0084.0056.0046.00--
Earnings Per Share-0.100.46-0.160.580.400.300.29--
EPS Growth---45%33.33%3.45%---
Dividend Per Share0.801.261.100.950.820.710.12--
Dividend Growth-36.41%14.57%16.19%15.24%15.49%517.39%---
Operating Cash Flow47749851757742536212056.0033.00
Capital Expenditures-228-83.00-190-20.00-29.00-60.00-353-564-132
Free Cash Flow249415327557396302-233-508-99.00
Cash & Equivalents41758332951425948213351.00-
Total Debt7,0996,0036,0476,1285,6935,0501,830887-
Net Cash / Debt-6,682-5,420-5,718-5,614-5,434-4,568-1,697-836-
Assets9,7008,5008,4898,9628,6897,8603,2381,964-
Liabilities7,4376,2766,3306,3635,9515,2351,9861,124-
Book Value1,8501,8221,7471,8501,8411,234629840-
Numbers in millions USD, except per-share numbers.

Company Profile

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.