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NASDAQ:CEG

Constellation Energy (CEG) Stock Price, News & Analysis

$220.41
+8.39 (+3.96%)
(As of 06/18/2024 ET)
Today's Range
$209.12
$221.20
50-Day Range
$180.90
$231.27
52-Week Range
$87.86
$236.30
Volume
2.71 million shs
Average Volume
2.59 million shs
Market Capitalization
$69.48 billion
P/E Ratio
29.43
Dividend Yield
0.64%
Price Target
$230.67

Constellation Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
4.7% Upside
$230.67 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
17.45%
From $7.62 to $8.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.48 out of 5 stars

Oils/Energy Sector

156th out of 240 stocks

Electric Services Industry

31st out of 43 stocks

CEG stock logo

About Constellation Energy Stock (NASDAQ:CEG)

Constellation Energy Corporation generates and sells electricity in the United States. It operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. The company sells natural gas, energy-related products, and sustainable solutions. It has approximately 33,094 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland.

CEG Stock Price History

CEG Stock News Headlines

The asset beating inflation by 4x
Central Bank Gold Heist In Progress Central banks are buying gold at record rates... and billionaire investors are buying right along with them. Even Warren Buffett put over $500 million into gold. And with the help of a tax and penalty-free "Trump Loophole, " these investors are investing retirement into gold and other precious metals without having to put up any of their own cash. In our Free Precious Metals Guide, we reveal all the details on how the rich use this loophole to protect and growth their retirement wealth in any economy…and show you how you can use it too.
The asset beating inflation by 4x
Central Bank Gold Heist In Progress Central banks are buying gold at record rates... and billionaire investors are buying right along with them. Even Warren Buffett put over $500 million into gold. And with the help of a tax and penalty-free "Trump Loophole, " these investors are investing retirement into gold and other precious metals without having to put up any of their own cash. In our Free Precious Metals Guide, we reveal all the details on how the rich use this loophole to protect and growth their retirement wealth in any economy…and show you how you can use it too.
Constellation Energy earnings: here's what Wall Street expects
Constellation Reports First Quarter 2024 Results
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Ex-Dividend for 6/10 Dividend
5/29/2024
Dividend Payable
6/10/2024
Today
6/18/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Current Symbol
NASDAQ:CEG
Fax
N/A
Employees
13,871
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$230.67
High Stock Price Target
$250.00
Low Stock Price Target
$198.00
Potential Upside/Downside
+3.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
10 Analysts

Profitability

Net Income
$1.62 billion
Pretax Margin
13.85%

Debt

Sales & Book Value

Annual Sales
$23.51 billion
Cash Flow
$13.29 per share
Book Value
$35.34 per share

Miscellaneous

Free Float
314,510,000
Market Cap
$69.48 billion
Optionable
Optionable
Beta
0.76
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Key Executives

  • Mr. Joseph Dominguez (Age 60)
    President, CEO & Director
    Comp: $4.71M
  • Mr. Daniel L. Eggers C.F.A. (Age 48)
    Executive VP & CFO
    Comp: $2.05M
  • Mr. Bryan Craig Hanson (Age 58)
    Executive VP & Chief Generation Officer
    Comp: $2.47M
  • Ms. Kathleen L. Barron (Age 53)
    Executive VP & Chief Strategy Officer
    Comp: $1.95M
  • Mr. James McHugh (Age 52)
    Executive VP & Chief Commercial Officer
    Comp: $1.89M
  • Mr. Matthew N. Bauer (Age 47)
    Senior VP & Controller
  • Mr. Michael R. Koehler (Age 57)
    Executive VP & Chief Administration Officer
    Comp: $2.13M
  • Mr. David O. Dardis (Age 51)
    Executive VP & General Counsel
  • Ms. Judy Rader
    Senior VP of Corporate Affairs & Chief Communications Officer
  • Ms. Susie Kutansky
    Executive VP & Chief Human Resources Officer

Should I Buy Constellation Energy Stock? CEG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Constellation Energy Co.:

  • Constellation Energy Co. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company has a low debt-to-equity ratio, which signifies a healthy balance sheet and financial stability.
  • Recent institutional investments in Constellation Energy Co. have shown confidence from large investors, potentially indicating future growth prospects.
  • Constellation Energy Co. has a history of paying dividends to shareholders, providing a steady income stream for investors.
  • The current stock price of Constellation Energy Co. is undervalued compared to its intrinsic value, presenting a potential buying opportunity for investors.

Cons

Investors should be bearish about investing in Constellation Energy Co. for these reasons:

  • Constellation Energy Co. operates in a highly regulated industry, subject to changes in government policies that could impact profitability.
  • The company faces intense competition from other energy providers, potentially affecting market share and pricing power.
  • Fluctuations in energy prices can directly impact Constellation Energy Co.'s financial performance, leading to volatility in earnings.
  • Market trends towards renewable energy sources may pose a threat to Constellation Energy Co.'s traditional energy business model.
  • Constellation Energy Co. has a beta of 0.42, indicating lower volatility compared to the market, which may limit potential returns for investors seeking higher risk-reward opportunities.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 2, 2024. Please send any questions or comments about these Constellation Energy pros and cons to contact@marketbeat.com.

CEG Stock Analysis - Frequently Asked Questions

Should I buy or sell Constellation Energy stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Constellation Energy in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CEG shares.
View CEG analyst ratings
or view top-rated stocks.

What is Constellation Energy's stock price target for 2024?

10 analysts have issued 1 year price targets for Constellation Energy's stock. Their CEG share price targets range from $198.00 to $250.00. On average, they anticipate the company's stock price to reach $230.67 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price.
View analysts price targets for CEG
or view top-rated stocks among Wall Street analysts.

How have CEG shares performed in 2024?

Constellation Energy's stock was trading at $116.89 on January 1st, 2024. Since then, CEG shares have increased by 88.6% and is now trading at $220.41.
View the best growth stocks for 2024 here
.

When is Constellation Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our CEG earnings forecast
.

How were Constellation Energy's earnings last quarter?

Constellation Energy Co. (NASDAQ:CEG) announced its quarterly earnings data on Thursday, May, 9th. The utilities provider reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.18. The utilities provider had revenue of $6.16 billion for the quarter, compared to the consensus estimate of $6.62 billion. Constellation Energy had a net margin of 10.25% and a trailing twelve-month return on equity of 18.14%. Constellation Energy's revenue was down 18.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.29 EPS.

How often does Constellation Energy pay dividends? What is the dividend yield for Constellation Energy?

Constellation Energy declared a quarterly dividend on Tuesday, April 30th. Stockholders of record on Wednesday, May 29th will be given a dividend of $0.3525 per share on Monday, June 10th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date is Wednesday, May 29th.
Read our dividend analysis for CEG
.

Is Constellation Energy a good dividend stock?

Constellation Energy (NASDAQ:CEG) pays an annual dividend of $1.41 per share and currently has a dividend yield of 0.66%. The dividend payout ratio is 18.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CEG will have a dividend payout ratio of 15.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CEG.

What guidance has Constellation Energy issued on next quarter's earnings?

Constellation Energy issued an update on its FY24 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of $7.23-$8.03 for the period, compared to the consensus earnings per share estimate of $7.75.

Who are Constellation Energy's major shareholders?

Constellation Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.73%), Capital International Investors (9.02%), Price T Rowe Associates Inc. MD (6.11%), Capital World Investors (2.21%), Bank of New York Mellon Corp (1.66%) and Capital Research Global Investors (1.39%).
View institutional ownership trends
.

How do I buy shares of Constellation Energy?

Shares of CEG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CEG) was last updated on 6/19/2024 by MarketBeat.com Staff

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