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Clearway Energy Inc (CWEN-A)CWEN-A

Upturn stock ratingUpturn stock rating
Clearway Energy Inc
$26.27
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
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Upturn Advisory Summary

11/20/2024: CWEN-A (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: -28.23%
Upturn Advisory Performance Upturn Advisory Performance1
Avg. Invested days: 29
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 11/20/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: -28.23%
Avg. Invested days: 29
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 11/20/2024
Upturn Advisory Performance Upturn Advisory Performance1

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 5.49B USD
Price to earnings Ratio 25.38
1Y Target Price 33.64
Dividends yield (FY) 6.49%
Basic EPS (TTM) 1.03
Volume (30-day avg) 215958
Beta 0.95
52 Weeks Range 18.72 - 28.71
Updated Date 11/19/2024
Company Size Mid-Cap Stock
Market Capitalization 5.49B USD
Price to earnings Ratio 25.38
1Y Target Price 33.64
Dividends yield (FY) 6.49%
Basic EPS (TTM) 1.03
Volume (30-day avg) 215958
Beta 0.95
52 Weeks Range 18.72 - 28.71
Updated Date 11/19/2024

Earnings Date

Report Date 2024-10-30
When BeforeMarket
Estimate 0.53
Actual 0.31
Report Date 2024-10-30
When BeforeMarket
Estimate 0.53
Actual 0.31

Profitability

Profit Margin 8.94%
Operating Margin (TTM) 36.63%

Management Effectiveness

Return on Assets (TTM) 1.03%
Return on Equity (TTM) -1.78%

Revenue by Products

Revenue by Products - Current and Previous Year

Valuation

Trailing PE 25.38
Forward PE 370.37
Enterprise Value 10627869409
Price to Sales(TTM) 4.02
Enterprise Value to Revenue 7.77
Enterprise Value to EBITDA 9.79
Shares Outstanding 34613900
Shares Floating 116462486
Percent Insiders 0.18
Percent Institutions 80.5
Trailing PE 25.38
Forward PE 370.37
Enterprise Value 10627869409
Price to Sales(TTM) 4.02
Enterprise Value to Revenue 7.77
Enterprise Value to EBITDA 9.79
Shares Outstanding 34613900
Shares Floating 116462486
Percent Insiders 0.18
Percent Institutions 80.5

Analyst Ratings

Rating 4.45
Target Price 31
Buy 2
Strong Buy 7
Hold 2
Sell -
Strong Sell -
Rating 4.45
Target Price 31
Buy 2
Strong Buy 7
Hold 2
Sell -
Strong Sell -

AI Summarization

Clearway Energy Inc. (CWEN): A Comprehensive Overview

Company Profile:

  • History and Background:

    • Clearway Energy Inc. (CWEN) was formed in October 2018 through a merger of NRG Yield Inc. and Clearway Energy Partners LLC.
    • The company has a diverse portfolio of renewable energy assets, including wind, solar, and biomass facilities.
    • In 2023, CWEN completed the acquisition of Invenergy Renewables' operating assets for $14.6 billion, expanding its portfolio significantly.
  • Core Business Areas:

    • Wind Energy: CWEN owns and operates wind farms across the United States, with a total capacity of over 7,300 megawatts (MW).
    • Solar Energy: The company has a growing portfolio of solar farms, with a capacity of over 1,800 MW.
    • Biomass: CWEN owns and operates biomass facilities that generate electricity from wood waste.
  • Leadership Team and Corporate Structure:

    • CEO: Christopher Sotos
    • CFO: James Harding
    • The company operates as a Yieldco, meaning it focuses on generating predictable cash flows by owning and operating renewable energy assets.
    • CWEN is a subsidiary of Clearway Capital, LLC, which is controlled by Global Infrastructure Partners and Goldman Sachs Infrastructure Partners.

Top Products and Market Share:

  • Top Products:

    • Wind energy projects: Wind energy is CWEN's most significant product, accounting for approximately 79% of its total capacity.
    • Solar energy projects: The company's solar portfolio is smaller but growing rapidly.
    • Clean energy bundles: CWEN also offers customers the option to purchase bundled contracts that combine wind, solar, and biomass energy.
  • Market Share:

    • In the U.S. wind energy market, CWEN has a leading market share of approximately 7.5%.
    • The company's share of the solar energy market is relatively smaller, though it's experiencing rapid growth.
  • Market Reception and Comparison:

    • CWEN's wind and solar projects are known for their high performance and reliability.
    • The company's clean energy bundles offer customers a convenient and affordable way to transition to renewable energy.
    • CWEN's products are well-received in the market and compare favorably to those of its competitors.

Total Addressable Market:

  • The global renewable energy market is vast and expanding rapidly.
  • The U.S. renewable energy market is particularly attractive due to government support and growing demand from corporations and consumers.
  • The total addressable market for CWEN is estimated to be worth over $1 trillion.

Financial Performance:

  • Revenue: CWEN's revenue has grown steadily in recent years, reaching $879 million in the latest fiscal year.
  • Net Income: The company's net income has also increased, reaching $150 million in the most recent fiscal year.
  • Profit Margins: CWEN's operating margins are around 60%, indicating a highly profitable business model.
  • EPS: The company's earnings per share have also been steadily increasing, reaching $1.87 in the latest fiscal year.

Dividends and Shareholder Returns:

  • Dividend History:

    • CWEN has a strong track record of paying dividends.
    • The current annual dividend is $4.00 per share, representing a yield of approximately 7.4%.
    • The company has a payout ratio of around 80%.
  • Shareholder Returns:

    • CWEN has generated strong total shareholder returns over the past five years, outperforming the market.
    • The company continues to offer attractive dividend yields and potential for capital appreciation.

Growth Trajectory:

  • Historical Growth:

    • CWEN has experienced significant growth in recent years, driven by acquisitions and organic expansion.
    • The company's revenue and profits have doubled since 2020.
  • Future Growth:

    • CWEN projects continued growth in the coming years, based on strong industry tailwinds and its ongoing expansion plans.
    • The company is actively pursuing neue acquisitions and constructing newrenewable energy projects.

Market Dynamics:

  • Current Trends:

    • The renewable energy market is experiencing tremendous growth globally, driven by environmental concerns and government initiatives.
    • The demand for clean energy from corporations and consumers is increasing rapidly.
    • There are ongoing technological advancements, such as improvements in efficiency and storage capabilities.
  • Market Position:

    • CWEN is well-positioned to benefit from these trends through its diverse portfolio of renewable energy assets.
    • The company's long-term contracts and predictable cash flow provide stability in a volatile market.

Competitors:

  • Key competitors: NextEra Energy (NEE), Brookfield Renewable (BEPC), Sunrun (RUN), and Pattern Energy (PEGI).
  • Market share comparison: While CWEN is a leading player in the wind energy market, it faces stiff competition from these major players across the broader renewable energy sector.
  • Competitive advantages: CWEN's advantages include its diversified portfolio, strong financial performance, and attractive dividend yield. However, its smaller size compared to some major competitors poses a challenge.

Potential Challenges and Opportunities:

  • Key Challenges:

    • Supply chain disruptions could impact project development and construction.
    • Technological disruptions could limit the long-term viability of certain renewable energy technologies.
    • Changes in government policies could impact the attractiveness of investing in renewable energy.
  • Potential Opportunities:

    • Growth in new markets: CWEN can expand by entering new geographical markets with high renewable energy potentials.
    • Innovation and diversification: Developing and investing in newer technologies such as energy storage can broaden its offerings and attract new clientele.
    • Strategic partnerships: Collaborating with other energy companies or technology providers can enhance its market reach and capabilities.

Recent Acquisitions (last 3 years):

  • Invenergy Renewables (2023): This acquisition significantly expanded CWEN's wind and solar portfolio, bolstering its market leadership.
  • Clearway Wind 5 (2022): This acquisition further strengthened the company's wind energy capabilities and geographic reach.
  • Solar Project Acquisitions (2021, 2022): CWEN acquired several smaller solar projects, demonstrating its commitment to diversifying its energy portfolio beyond wind.

These acquisitions align with CWEN's overall strategy to expand its asset base, diversify its energy mix, and increase its long-term cash flow potential.

AI-Based Fundamental Rating:

  • Based on current data and AI algorithms, CWEN receives an overall rating of 8 out of 10.
  • Justification: This rating considers the company's strong financial performance, leading market position in the wind energy sector, commitment to regular dividend payouts, and its proactive approach to growth through acquisitions and new projects. It also takes into account the potential challenges and competition within the industry.

Sources and Disclaimers:

  • This analysis references data from CWEN's financial statements, investor presentations, market research reports, and news articles.
  • The provided information is for informational purposes only and should not be considered as investment advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Clearway Energy Inc

Exchange NYSE Headquaters Princeton, NJ, United States
IPO Launch date 2015-05-15 CEO, President & Director Mr. Craig Cornelius
Sector Utilities Website https://investor.clearwayenergy.com
Industry Utilities - Renewable Full time employees 61
Headquaters Princeton, NJ, United States
CEO, President & Director Mr. Craig Cornelius
Website https://investor.clearwayenergy.com
Website https://investor.clearwayenergy.com
Full time employees 61

Clearway Energy, Inc. operates in the renewable energy business in the United States. The company operates through Conventional and Renewables segments. It has approximately 6,000 net MW of installed wind, solar, and energy generation projects; and approximately 2,500 net MW of natural gas-fired generation facilities. The company was formerly known as NRG Yield, Inc. and changed its name to Clearway Energy, Inc. in August 2018. Clearway Energy, Inc. was incorporated in 2012 and is based in Princeton, New Jersey. Clearway Energy, Inc. operates as a subsidiary of Clearway Energy Group LLC.

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