Research Recommendations For Clearway Energy Inc. (CWEN): Here is What You Should Know

Clearway Energy Inc. (NYSE:CWEN) saw an upside of 3.56% to close Monday at $33.46 after adding $1.15 on the day. The 5-day average trading volume is 857,180 shares of the company’s common stock. It has gained $34.64 in the past week. An average of 654,875 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 584,132.

CWEN’s 1-month performance is 7.52% or $2.34 on its low of $30.03 reached on 10/04/21. The company’s shares have touched a 52-week low of $24.93 and high of $37.23, with the stock’s rally to the 52-week high happening on 01/07/21. YTD, CWEN has achieved 4.79% or $1.53. However, the current price is down -10.13%% from the 52-week high price.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free


Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 173.90 and a low of 20.71. CWEN stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.23 while the price-to-book (PB) in the most recent quarter is 2.17.

Clearway Energy Inc. pays an annual dividend of $1.34 per share. Its dividend yield is 4.00%. CWEN’s most recent quarterly dividend payment was made on Sep. 15, when it paid $0.3350 a share compared with prior rate of $0.3290, up 1.79% from last year’s. The company has boosted its dividend for the last 2 consecutive years with the latest dividend increase of $0.0060 reported on Tuesday August 3 2021. Measured over the last 3 years, the Dividend has been growing by -4.33% yearly.

It is projected that Clearway Energy Inc.’s next ex-dividend date will be on 30-Nov-2021. CWEN is expected to distribute $0.3345 as its next dividend.

Earnings Surprise

Net income and sales went up compared to those figures reported in the previous quarter. EBITDA for the quarter stood at more than $302.0 million. CWEN stock balance sheet for the recent quarter shows that total liabilities totaled 8.88 billion, with total debt at $8.4 billion. Shareholders hold equity totaling $201.84 million

Technical Picture

Let’s look briefly at Clearway Energy Inc. (CWEN) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 75.57% to suggest the stock is trending Overbought, with historical volatility in this time period at 33.12%.

The stock’s 5-day moving average is $32.17, reflecting a +10.07% or $3.06 change from its current price. CWEN is currently trading +8.50% above its 20-day SMA, +28.99% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +16.67% and +1.67% respectively.

Stochastic %K and %D was 83.18% and 77.28% and the average true range (ATR) pointed at 0.88. The RSI (14) points at 69.32%, while the 14-day stochastic is at 74.40% with the period’s ATR at 0.79. The stock’s 9-day MACD Oscillator is pointing at 1.25 and 1.25 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Clearway Energy Inc. (NYSE: CWEN), Evercore ISI upgraded it to an Outperform rating. They previously had an In-line rating on the stock. Analysts offering their rating for CWEN stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate CWEN as a “sell,”, while 3 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 6 have offered a “buy” rating.

What is CWEN’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $32.00 and a high of $36.00, with their median price target at $34.00. Looking at these predictions, the average price target given by analysts is for Clearway Energy Inc. (CWEN) stock is $34.13.


Please enter your comment!
Please enter your name here


Hot Topics

Related Videos

Related Videos

Related Articles



Download Free eBook For



100% free. stop anytime no spam