Clearway Energy Inc (NYSE: CWEN) is 1.77% higher on its value in year-to-date trading and has touched a low of $20.63 and a high of $30.92 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CWEN stock was last observed hovering at around $25.25 in the last trading session, with the day’s gains setting it 1.21%.
Currently trading at $26.46, the stock is 1.86% and -2.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing 4.79% at the moment leaves the stock -1.37% off its SMA200. CWEN registered 4.30% gain for a year compared to 6-month gain of 4.42%. The firm has a 50-day simple moving average (SMA 50) of $27.247 and a 200-day simple moving average (SMA200) of $26.81115.
The stock witnessed a -3.01% loss in the last 1 month and extending the period to 3 months gives it a -4.85%, and is 2.84% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.06% over the week and 2.45% over the month.
Clearway Energy Inc (CWEN) has around 61 employees, a market worth around $5.30B and $1.46B in sales. Current P/E ratio is 25.44 and Fwd P/E is 32.01. Profit margin for the company is 8.38%. Distance from 52-week low is 28.26% and -14.42% from its 52-week high. The company has generated returns on investments over the last 12 months (1.29%).
with sales reaching $299.76M over the same period.The EPS is expected to grow by 20.18% this year, but quarterly earnings will post 9.09% year-over-year. Quarterly sales are estimated to grow 20.38% in year-over-year returns.
473.0 institutions hold shares in Clearway Energy Inc (CWEN), with institutional investors hold 92.87% of the company’s shares. The shares outstanding are 82.83M, and float is at 81.50M with Short Float at 2.40%. Institutions hold 91.55% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 14.38 million shares valued at $355.04 million. The investor’s holdings represent 12.2905 of the CWEN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.53 million shares valued at $235.22 million to account for 8.1426 of the shares outstanding. The other top investors are NEUBERGER BERMAN GROUP LLC which holds 3.58 million shares representing 3.0641 and valued at over $88.51 million, while STATE STREET CORP holds 2.3758 of the shares totaling 2.78 million with a market value of $68.63 million.
Clearway Energy Inc (CWEN) Insider Activity
The most recent transaction is an insider sale by Ford Brian R., the company’s Director. SEC filings show that Ford Brian R. sold 2,000 shares of the company’s common stock on Dec 11 ’24 at a price of $26.74 per share for a total of $53486.0. Following the sale, the insider now owns 8153.0 shares.
Still, SEC filings show that on Aug 09 ’24, ONEAL E STANLEY (Director) acquired 3,000 shares at an average price of $28.35 for $85045.0. The insider now directly holds 67,842 shares of Clearway Energy Inc (CWEN).
