With 1.1 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.9 million shares. During the session, the Utilities – Renewable company that operates in wider Utilities sector, reached to the highest price of $30.17 whereas the lowest price it dropped to was $28.9808. The 52-week range on CWEN shows that it touched its highest point at $30.92 and its lowest point at $20.63 during that stretch. It currently has a 1-year price target of $35.27. With its current market cap of 5.84 billion, CWEN has annualized dividend of $1.68 while the current yield stands at 5.77%. CWEN paid its most recent dividend on 1740960000, while the ex-dividend date for that was 1740960000. 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 CWEN was up-trending over the past week, with a rise of 6.77%, but this was up by 11.89% over a month. Three-month performance surged to 2.03% while six-month performance rose 5.80%. The stock gained 30.91% in the past year, while it has gained 12.23% so far this year. A look at the trailing 12-month EPS for CWEN yields 0.75 with Next year EPS estimates of 0.85. For the next quarter, that number is -0.28. This implies an EPS growth rate of 1.80% for this year and 11.75% for next year.
Float and Shares Shorts:
At present, 82.83 million CWEN shares are outstanding with a float of 81.48 million shares on hand for trading. On 2025-02-28, short shares totaled 2.48 million, which was 211.0 higher than short shares on 1738281600. In addition to Mr. Kevin P. Malcarney as the firm’s Executive VP, General Counsel & Corporate Secretary, Mr. Craig Cornelius serves as its CEO, President & Director.
Institutional Ownership:
Through their ownership of 0.91767 of CWEN’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 2024-12-31, CWEN reported revenue of $256000000.0 and operating income of -$33000000.0. The EBITDA in the recently reported quarter was $182000000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CWEN since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 CWEN analysts setting a high price target of 39.0 and a low target of 32.0, the average target price over the next 12 months is 36.33333. Based on these targets, CWEN could surge 33.65% to reach the target high and rise by 9.66% to reach the target low. Reaching the average price target will result in a growth of 24.51% 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 $1.03424 being high and $0.32274 being low. For CWEN, this leads to a yearly average estimate of $0.60881. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
