With 4.72 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.0 million shares. During the session, the Utilities – Renewable company that operates in wider Utilities sector, reached to the highest price of $310.285 whereas the lowest price it dropped to was $297.945. The 52-week range on CEG shows that it touched its highest point at $352.00 and its lowest point at $121.36 during that stretch. It currently has a 1-year price target of $331.30. With its current market cap of 93.85 billion, CEG has annualized dividend of $1.41 while the current yield stands at 0.47%. CEG paid its most recent dividend on 1731628800, while the ex-dividend date for that was 1731628800. Beta for the stock currently stands at 0.85.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CEG was down-trending over the past week, with a drop of -13.66%, but this was up by 32.55% over a month. Three-month performance surged to 13.20% while six-month performance rose 58.05%. The stock gained 146.13% in the past year, while it has gained 34.09% so far this year. A look at the trailing 12-month EPS for CEG yields 9.06 with Next year EPS estimates of 9.15. For the next quarter, that number is 2.13. This implies an EPS growth rate of 50.69% for this year and 9.20% for next year. EPS is expected to grow by 22.08% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 34.63%.
Float and Shares Shorts:
At present, 312.76 million CEG shares are outstanding with a float of 312.17 million shares on hand for trading. On 2025-01-15, short shares totaled 6.52 million, which was 209.0 higher than short shares on 1734048000. In addition to Mr. Joseph Dominguez as the firm’s President, CEO & Director, Mr. Daniel L. Eggers C.F.A. serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.85436 of CEG’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CEG reported revenue of $6550000000.0 and operating income of $1880000000.0. The EBITDA in the recently reported quarter was $2383000000.0 and diluted EPS was $3.82.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CEG since 9 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CEG analysts setting a high price target of 385.0 and a low target of 226.32, the average target price over the next 12 months is 311.7669. Based on these targets, CEG could surge 28.34% to reach the target high and fall by -24.55% to reach the target low. Reaching the average price target will result in a growth of 3.93% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $8.44771 being high and $8.31851 being low. For CEG, this leads to a yearly average estimate of $8.37814. Based on analyst estimates, the high estimate for the next quarter is $2.47 and the low estimate is $2.18. The average estimate for the next quarter is thus $2.33.
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