Clearway Energy Class Stock Today
| CWEN Stock | USD 23.36 0.23 0.97% |
Performance0 of 100
| Odds Of DistressLess than 38
|
Clearway Energy is selling at 23.36 as of the 24th of April 2024; that is -0.97 percent decrease since the beginning of the trading day. The stock's open price was 23.59. Clearway Energy has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Clearway Energy Class are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Utilities | IPO Date 17th of July 2013 |
Clearway Energy, Inc. operates in the renewable energy business in the United States. Clearway Energy, Inc. is a subsidiary of Clearway Energy Group LLC. Clearway Energy operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. The company has 82.39 M outstanding shares of which 2.13 M shares are currently shorted by private and institutional investors with about 2.29 trading days to cover. More on Clearway Energy Class
Moving together with Clearway Stock
| 0.84 | AY | Atlantica Sustainable Financial Report 3rd of May 2024 | PairCorr |
Moving against Clearway Stock
| 0.55 | ELLO | Ellomay Capital | PairCorr |
| 0.48 | BEP-PA | Brookfield Renewable | PairCorr |
| 0.44 | HTOO | Fusion Fuel Green Report 21st of May 2024 | PairCorr |
| 0.43 | ADN | Advent Technologies Financial Report 20th of May 2024 | PairCorr |
| 0.41 | HLGN | Heliogen | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Clearway Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Clearway Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Clearway Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Christopher Sotos | ||||
| Business Concentration | Independent Power and Renewable Electricity Producers, Utilities - Renewable, Utilities, NYSE Composite, SP Small-Cap 600, Utilities, Independent Power and Renewable Electricity Producers, Utilities—Renewable, Utilities (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Clearway Energy report their recommendations after researching Clearway Energy's financial statements, talking to executives and customers, or listening in on Clearway Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Clearway Energy Class. The Clearway consensus assessment is calculated by taking the average forecast from all of the analysts covering Clearway Energy. | |||||
Clearway Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Clearway Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Clearway Energy's financial leverage. It provides some insight into what part of Clearway Energy's total assets is financed by creditors.
| |||||
Clearway Energy Class (CWEN) is traded on New York Stock Exchange in USA. It is located in 300 Carnegie Center, Princeton, NJ, United States, 08540 and employs 61 people. Clearway Energy is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.64 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Clearway Energy's market, we take the total number of its shares issued and multiply it by Clearway Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Clearway Energy Class conducts business under Independent Power and Renewable Electricity Producers sector and is part of Utilities industry. The entity has 82.39 M outstanding shares of which 2.13 M shares are currently shorted by private and institutional investors with about 2.29 trading days to cover.
Clearway Energy Class currently holds about 816 M in cash with 702 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.99.
Check Clearway Energy Probability Of Bankruptcy
Ownership AllocationClearway Energy Class retains a total of 82.39 Million outstanding shares. The majority of Clearway Energy Class outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Clearway Energy Class to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Clearway Energy. Please pay attention to any change in the institutional holdings of Clearway Energy Class as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Clearway Ownership Details
Clearway Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Clearway Energy jumping above the current price in 90 days from now is about 27.04%. The Clearway Energy Class probability density function shows the probability of Clearway Energy stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.6504 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Clearway Energy will likely underperform. Additionally, clearway Energy Class has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Clearway Energy to move above the current price in 90 days from now is about 27.04 (This Clearway Energy Class probability density function shows the probability of Clearway Stock to fall within a particular range of prices over 90 days) .
Clearway Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Clearway Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Clearway Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Clearway Energy's value.| Instituion | Recorded On | Shares | |
| Amvescap Plc. | 2023-12-31 | 1.5 M | |
| Citadel Advisors Llc | 2023-09-30 | 1.4 M | |
| Apollo Management Holdings, L.p. | 2023-12-31 | 1.2 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1 M | |
| Legal & General Group Plc | 2023-12-31 | 940.7 K | |
| Jpmorgan Chase & Co | 2023-12-31 | 936.7 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 928.5 K | |
| Franklin Resources Inc | 2023-12-31 | 912.7 K | |
| First Trust Advisors L.p. | 2023-12-31 | 912.6 K | |
| Blackrock Inc | 2023-12-31 | 14.7 M | |
| Vanguard Group Inc | 2023-12-31 | 9.6 M |
Clearway Energy Historical Income Statement
Clearway Energy Class Income Statement is one of the three primary financial statements used for reporting Clearway's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Clearway Energy Class revenue and expense. Clearway Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Clearway Energy's Total Other Income Expense Net is very stable compared to the past year. As of the 24th of April 2024, Net Income is likely to grow to about 85.8 M, while Depreciation And Amortization is likely to drop about 391.3 M. View More FundamentalsClearway Stock Against Markets
Picking the right benchmark for Clearway Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Clearway Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Clearway Energy is critical whether you are bullish or bearish towards Clearway Energy Class at a given time. Please also check how Clearway Energy's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Clearway Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Efficient Frontier Now
Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
| All Next | Launch Module |
Clearway Energy Corporate Directors
Clearway Energy corporate directors refer to members of a Clearway Energy board of directors. The board of directors generally takes responsibility for the Clearway Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Clearway Energy's board members must vote for the resolution. The Clearway Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Daniel More | Independent Director | Profile | |
| Bruce MacLennan | Independent Director | Profile | |
| Brian Ford | Lead Independent Director | Profile | |
| Stanley ONeal | Independent Director | Profile |
How to buy Clearway Stock?
Before investing in Clearway Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Clearway Energy. To buy Clearway Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Clearway Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Clearway Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Clearway Energy Class stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Clearway Energy Class stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Clearway Energy Class, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Clearway Stock please use our How to Invest in Clearway Energy guide.
Already Invested in Clearway Energy Class?
The danger of trading Clearway Energy Class is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Clearway Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Clearway Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Clearway Energy Class is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Clearway Energy Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clearway Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Clearway Energy Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clearway Energy Class Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Clearway Energy Class information on this page should be used as a complementary analysis to other Clearway Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Clearway Stock analysis
When running Clearway Energy's price analysis, check to measure Clearway Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clearway Energy is operating at the current time. Most of Clearway Energy's value examination focuses on studying past and present price action to predict the probability of Clearway Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearway Energy's price. Additionally, you may evaluate how the addition of Clearway Energy to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |
Is Clearway Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clearway Energy. If investors know Clearway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clearway Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.083 | Dividend Share 1.542 | Earnings Share 0.67 | Revenue Per Share 11.231 | Quarterly Revenue Growth (0.07) |
The market value of Clearway Energy Class is measured differently than its book value, which is the value of Clearway that is recorded on the company's balance sheet. Investors also form their own opinion of Clearway Energy's value that differs from its market value or its book value, called intrinsic value, which is Clearway Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clearway Energy's market value can be influenced by many factors that don't directly affect Clearway Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clearway Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearway Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearway Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.